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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

Q941.HaryanaEasy

Which sector contributes the largest share to the gross state value added of Haryana?

  1. A.Agriculture
  2. B.Mining and quarrying
  3. C.Industry
  4. D.Services
Show answer
Correct answer: D. Services

As in India as a whole, the services sector, which covers trade, transport, real estate, finance, information technology and public administration, contributes the largest share of Haryana's gross state value added, and the corporate and information technology economy of Gurugram is a large part of it.

Q942.Madhya PradeshEasy

The Pithampur industrial area, often called the automobile hub of Madhya Pradesh, lies close to which city?

  1. A.Indore
  2. B.Jabalpur
  3. C.Gwalior
  4. D.Sagar
Show answer
Correct answer: A. Indore

Pithampur, in Dhar district next to Indore, is the largest industrial estate of the state and holds vehicle, auto component, pharmaceutical and engineering plants, along with a vehicle testing track; because of the concentration of automobile units it is often called the Detroit of Madhya Pradesh.

Q944.Madhya PradeshHard

Under the fiscal responsibility law of Madhya Pradesh, the fiscal deficit of the state is normally to be kept within what share of the gross state domestic product?

  1. A.One per cent
  2. B.Three per cent
  3. C.Six per cent
  4. D.Ten per cent
Show answer
Correct answer: B. Three per cent

The Madhya Pradesh Fiscal Responsibility and Budget Management Act, passed in the middle of the 2000s on the pattern of the central Act of 2003 and the advice of the Twelfth Finance Commission, requires the state to keep its fiscal deficit within three per cent of the gross state domestic…

Q945.Madhya PradeshEasy

Madhya Pradesh became the second largest state of India by area when which state was carved out of it in 2000?

  1. A.Jharkhand
  2. B.Chhattisgarh
  3. C.Uttarakhand
  4. D.Telangana
Show answer
Correct answer: B. Chhattisgarh

Chhattisgarh was created on 1 November 2000 under the Madhya Pradesh Reorganisation Act, 2000. Until then Madhya Pradesh was the largest state of India by area; after the separation Rajasthan became the largest and Madhya Pradesh the second largest.

Q946.Madhya PradeshHard

The Rewa Ultra Mega Solar Park of Madhya Pradesh became well known for supplying power to which consumer outside the state?

  1. A.Delhi Metro
  2. B.Indian Railways in Chennai
  3. C.Mumbai Port
  4. D.Kolkata Tram Company
Show answer
Correct answer: A. Delhi Metro

The solar park at Gurh in Rewa district, of 750 megawatt capacity, was the first renewable project in the country to supply an institutional buyer outside its own state, and a part of its power goes to the Delhi Metro, the rest to the distribution companies of Madhya Pradesh.

Q952.Madhya PradeshMedium

The legislature of Madhya Pradesh, before which the state budget is laid, consists of:

  1. A.Only the Vidhan Sabha, with the Governor
  2. B.The Vidhan Sabha and the Vidhan Parishad
  3. C.Only the Vidhan Parishad
  4. D.The Vidhan Sabha and a joint council of districts
Show answer
Correct answer: A. Only the Vidhan Sabha, with the Governor

Madhya Pradesh has a unicameral legislature: the Governor and one House, the Vidhan Sabha, whose strength is 230. The annual financial statement under Article 202 is therefore laid before that single House, which votes the demands for grants and passes the Appropriation Bill.

Q953.Madhya PradeshAsked in: Delhi · 5 Dec 2017, Shift 1Medium

Which of the following is NOT the work of the legislature?

  1. A.Making law
  2. B.Budgeting
  3. C.Passing of budget
  4. D.Control on the executive
Show answer
Correct answer: B. Budgeting

Preparing the budget, that is estimating the receipts and the expenditure of every department and putting the estimates together, is the work of the executive: in Madhya Pradesh the Finance Department prepares it and the Finance Minister presents it.

Q959.BiharMedium

The Shahi Litchi, which carries a geographical indication tag, is associated with which district of Bihar?

  1. A.Begusarai
  2. B.Muzaffarpur
  3. C.Nalanda
  4. D.Rohtas
Show answer
Correct answer: B. Muzaffarpur

The Shahi Litchi of the Muzaffarpur belt in north Bihar received a geographical indication tag for its thin skin, small stone and high sugar content, and the district is often called the litchi capital, with the crop also grown in Vaishali, East Champaran and Samastipur.