IBPS GK Questions 2026

The campaign is nationwide, but the cities covered under the National Clean Air Programme, numbering 130, have been singled out for special attention, because that is where the burden on air quality is heaviest and where a cracker-free festival makes the greatest difference.

The campaign was launched by this centre of WWF-India, working with the support of the Union Ministry of Environment, Forest and Climate Change, and it runs from 20 October to 8 November 2026.

Opened in 2025, it gave air access to more than ten districts of Bihar, cut the journey to Kolkata to about two hours and to Patna to roughly one, and it carries the state's longest runway at close to 2.8 km, long enough for A320 and B737 aircraft.

The correct answer is Rs 28,840 crore, the total provision for the next phase of the scheme launched on 4 July 2026 and running from FY 2026-27 to FY 2035-36.

That is the number of regional routes put into service across the country in the ten years since the scheme began, and it sits alongside the other headline totals of the decade: more than 3.68 lakh flights and 1.72 crore passengers.

The Regional Connectivity Scheme, named UDAN for Ude Desh ka Aam Nagrik, was launched on that day, and its promise of affordable yet commercially viable regional flying came out of the National Civil Aviation Policy adopted the same year.

The account is opened by a guardian in the name of a girl child before she completes ten years of age, deposits are made for the first fifteen years, and the account matures twenty-one years from the date it was opened; a part withdrawal is allowed for higher education after…

A ULIP is sold by an insurance company, which puts one part of the premium towards life cover and invests the rest in funds chosen by the policyholder; because the contract is a policy of insurance, it is regulated by the Insurance Regulatory and Development Authority of India, set up…

An open-ended scheme has no fixed maturity; the fund house keeps creating and cancelling units, so an investor may buy or redeem on any working day at the NAV declared for that day, which is why most schemes sold today are open-ended.

The Pension Fund Regulatory and Development Authority, which was given statutory status by the PFRDA Act of 2013, regulates the National Pension System and the Atal Pension Yojana, appoints the pension fund managers and the central record keeping agency, and prescribes the Tier I and Tier II account structure.

In an SIP the same sum is invested at fixed intervals, so it automatically buys more units when the NAV is low and fewer when it is high; over a full market cycle the average cost per unit therefore works out lower than a lump sum invested at a high…

An ETF is listed on a stock exchange and traded through a broker in a demat account at prices that move during market hours, which is what separates it from every other kind of scheme.

An ELSS is an equity mutual fund scheme that qualifies for the deduction allowed on specified savings, and each instalment is locked in for three years from the date of investment, which is the shortest lock-in among the instruments eligible for that deduction.

The AMC is appointed by the trustees, is registered with SEBI and runs the schemes from day to day: it employs the fund managers, decides which securities to buy and sell, and is paid a management fee out of the scheme.

The Unit Trust of India was established in 1963 by an Act of Parliament and launched its first scheme, Unit Scheme 1964 or US-64, in the following year; it held a monopoly of the business until 1987.

The NAV is the per unit book value of a scheme: take the market value of all the securities and cash the scheme holds, subtract its liabilities and accrued expenses, and divide by the number of units outstanding.

Mutual funds in India are registered with and regulated by the Securities and Exchange Board of India under the SEBI (Mutual Funds) Regulations, 1996, which lay down the three-tier structure of sponsor, trustees and asset management company, the scheme categories, the cap on the expense ratio and the disclosures a…

An implicit subsidy does not appear in the budget as a payment; it is hidden in the low price at which a public service is provided, so that the government simply recovers less than it spends, as happens with canal water and with electricity supplied to farms.

The Act provides that the ration card shall be issued in the name of the eldest woman of the household who is eighteen years of age or more, and that if there is no such woman, the eldest male member holds the card until a female member of eighteen years…

The committee headed by Shanta Kumar submitted its report in 2015 and recommended that the coverage of the National Food Security Act be reduced, that procurement and storage be handed over in part to the states, and that the grain subsidy be gradually replaced by cash transfers into bank accounts.