IBPS GK Questions 2026

A derivative has no independent value of its own; it is a contract whose worth is drawn from the price of something else, which may be a commodity such as gold or crude oil, a share, a stock index, a currency or an interest rate.

ONDC lets a buyer on one app buy from a seller listed on any other app on the network.

A central bank digital currency can settle payments directly between countries without the dollar or SWIFT, and it can be programmed with conditions on its use.

The RBI's FI-Index is built from these three sub-indices. The RBI introduced the Financial Inclusion Index in August 2021 to measure how far financial inclusion has spread across the country.

The Service Area Approach, introduced by the RBI in 1989, worked within the framework of the Lead Bank Scheme to plan rural credit village by village.

In dropshipping the seller runs the shop and sets the price, while a supplier holds the stock and ships each order straight to the buyer.

Credit rating agencies in India are regulated by SEBI, not by the RBI, while statements 2 and 3 are true.

Disinvestment, small savings and market borrowing either create a liability for the government or reduce its assets, so they are capital receipts; interest received is a revenue receipt.

Retail core inflation is the rise in the Consumer Price Index after leaving out its two most volatile groups, food and beverages and fuel and light.

The Pakistani economist Mahbub-ul-Haq gave the concept of human development and launched the first Human Development Report for the UNDP in 1990.

Petrol is one of the petroleum products kept out of GST for now, so it still bears central excise duty and state VAT.

He was honoured at the Dushanbe event for his contribution to Hindi literature and education, including a detailed study of philology, and he is described as the first recipient of the Padma Shri from Tajikistan, which is the detail most likely to be asked.

The Defence Minister used this comparison in Dushanbe to show how far India has moved towards a less-paper and less-cash economy, and he described the country as a global hub for real-time digital payments.

Rajnath Singh said India has signed free trade agreements with that many countries, and he singled out the agreements with the United Kingdom and the European Union, which are expected to remove tariffs on 99 per cent of Indian exports to those two markets.

Speaking to the Indian diaspora in Dushanbe on 20 October 2026, the Defence Minister said defence exports had touched that record level, and in the same breath he put defence production at Rs 1.80 lakh crore, so the two figures are best learnt as a pair because an examiner can…

Niranjan Mukundan won the bronze in the Men’s 200m Individual Medley SM7 event at the Asian Para Games 2026 on 20 October 2026, and the individual medley is a swimming race in which one competitor covers the distance in four different strokes.

Hokato Hotozhe Sema took the bronze there on 20 October 2026, and the Prime Minister noted that the throw improved on what he had produced at the previous edition of the Games, calling it a sign of passion and dedication.

Preeti Pal finished second in the Women’s 200m T35 sprint at the Asian Para Games 2026 on 20 October 2026, and the Prime Minister described her as a fine example of perseverance and dedication while hoping she would carry the momentum into her remaining events.

She took the bronze in the Women’s 200m T12 event at the Asian Para Games 2026 on 20 October 2026, and because she was competing at these Games for the first time, the Prime Minister described the result as a debut to cherish and praised the promise such a performance…

Simran had finished second in this event at the last Asian Para Games, and at the Asian Para Games 2026 she finished first with a record-breaking run, so the result combines a move up the podium between editions with a faster time.