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GK24

IBPS GK Questions 2026

Static GK in IBPS exams means banking awareness first. The awareness tests of PO, Clerk and RRB Mains name banking, economy, financial and digital awareness, and the questions that return every year are about the RBI and its functions, the monetary policy tools (repo, SDF, MSF, CRR, SLR), types of banks and accounts, NPAs, Basel norms, priority sector lending, payment systems such as UPI, NEFT, RTGS and IMPS, deposit insurance, financial inclusion schemes, and the regulators SEBI, IRDAI and PFRDA and institutions such as NABARD and SIDBI. Headquarters and taglines of banks, capitals and currencies, national parks, dams and important days appear too, though with a smaller share than in SSC. This page holds GK24's topic-wise GK notes for banking exams, written as short facts and tables so that a topic can be revised in one sitting, with the terms and abbreviations that IBPS papers use. Read a topic, then solve its previous-year questions and quiz on this site to check what you retained, and come back to the notes for the facts you missed.

IBPS GK Questions with Answers

Q921.NationalHard

Bhai Parmanand, whose 150th birth anniversary falls on 4 November, was a founding member of which organisation?

  1. A.Ghadar Party
  2. B.Forward Bloc
  3. C.Anushilan Samiti
  4. D.Hindustan Socialist Republican Association
Show answer
Correct answer: A. Ghadar Party

His 150th birth anniversary falls on 4 November. His ideals drew heavily on his close association with the Arya Samaj, for whose work he travelled to South Africa in the opening years of the twentieth century and met Mahatma Gandhi there; he also worked among the Girmitiya community in Guyana…

Q930.EnvironmentMedium

Which two wetlands were added to the Ramsar list in October 2026 as the newest Indian sites?

  1. A.Surha Tal and Glaw Lake
  2. B.Sukhna Wetland and Sauj Jheel
  3. C.Chilika Lake and Keoladeo National Park
  4. D.Kolleru Lake and Deepor Beel
Show answer
Correct answer: B. Sukhna Wetland and Sauj Jheel

Sukhna Wetland lies in Chandigarh and is a rain-fed reservoir created in 1958 at the foot of the Shivalik hills; it shelters threatened species such as the Pallas's fish eagle, the common pochard and the black pond turtle, and migratory birds of the Central Asian Flyway winter there.

Q932.HaryanaHard

The Mera Pani Meri Virasat scheme of Haryana, launched in 2020, is aimed at

  1. A.providing free electricity to all farmers
  2. B.encouraging farmers to shift land out of paddy to conserve groundwater
  3. C.insuring crops against hailstorm damage
  4. D.linking every village to a canal
Show answer
Correct answer: B. encouraging farmers to shift land out of paddy to conserve groundwater

Launched in 2020, Mera Pani Meri Virasat offers an incentive per acre to farmers in blocks where groundwater has fallen sharply if they replace water-hungry paddy with crops such as maize, pulses, cotton or vegetables, or take up agroforestry; the aim is crop diversification to save the aquifer.

Q934.HaryanaMedium

The Haryana Fiscal Responsibility and Budget Management Act was enacted in which year?

  1. A.1998
  2. B.2003
  3. C.2005
  4. D.2012
Show answer
Correct answer: C. 2005

Haryana enacted its Fiscal Responsibility and Budget Management Act in 2005, following the Twelfth Finance Commission's advice that states pass such laws to qualify for debt relief; the Act commits the state to keep its fiscal deficit within about 3 per cent of gross state domestic product, to eliminate the…

Q935.HaryanaHard

Borrowing by a state government, including Haryana, is governed by which Article of the Constitution?

  1. A.Article 266
  2. B.Article 280
  3. C.Article 292
  4. D.Article 293
Show answer
Correct answer: D. Article 293

Article 293 allows a state to borrow within India on the security of its Consolidated Fund, within limits set by its legislature, and requires the consent of the Government of India for any further borrowing while a loan made by or guaranteed by the Centre is still outstanding, a clause…

Q936.HaryanaMedium

No money can be withdrawn from the Consolidated Fund of Haryana except under an Appropriation Act passed under which Article?

  1. A.Article 203
  2. B.Article 204
  3. C.Article 205
  4. D.Article 206
Show answer
Correct answer: B. Article 204

After the legislature votes the demands for grants, an Appropriation Bill is introduced under Article 204 to authorise withdrawal from the Consolidated Fund of the State for the granted sums and for the charged expenditure, and no money may leave that fund without such an Act.

Q937.HaryanaMedium

The Annual Financial Statement of a state, that is the state budget, is laid before the legislature under which Article of the Constitution?

  1. A.Article 112
  2. B.Article 199
  3. C.Article 202
  4. D.Article 266
Show answer
Correct answer: C. Article 202

Article 202 requires the Governor to cause the Annual Financial Statement, the estimated receipts and expenditure of the state for a financial year, to be laid before the House or Houses of the legislature, and this statement is what is called the budget of Haryana.

Q938.HaryanaMedium

The Panipat refinery located in Haryana belongs to which public sector company?

  1. A.Bharat Petroleum Corporation Limited
  2. B.Hindustan Petroleum Corporation Limited
  3. C.Indian Oil Corporation Limited
  4. D.Oil and Natural Gas Corporation
Show answer
Correct answer: C. Indian Oil Corporation Limited

The Panipat refinery, commissioned in 1998, is an Indian Oil refinery and is the only refinery in Haryana; a naphtha cracker and petrochemical complex were later built alongside it, which makes Panipat an energy and petrochemical centre as well as a textile town.

Q939.HaryanaEasy

Panipat in Haryana is best known for which traditional industry?

  1. A.Plywood and paper
  2. B.Handloom and textile furnishings
  3. C.Brassware
  4. D.Footwear and ceramics
Show answer
Correct answer: B. Handloom and textile furnishings

Panipat is called the city of weavers and is a national centre for handloom products such as blankets, carpets, durries and furnishings, much of it made from recycled yarn, and the trade grew after refugee weavers settled there following Partition.

Q940.HaryanaEasy

Which city is Haryana's main information technology and corporate hub and its largest contributor of state revenue?

  1. A.Gurugram
  2. B.Ambala
  3. C.Karnal
  4. D.Hisar
Show answer
Correct answer: A. Gurugram

Lying in the National Capital Region next to Delhi, Gurugram holds the state's largest concentration of information technology and business process management firms, corporate head offices, malls and high-value real estate, and it also has car manufacturing, so it yields the biggest share of the state's goods and services tax…