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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

Q1581.DefenceEasy

Swavlamban 2026, the fifth edition of the Indian Navy's innovation and indigenisation seminar, will be held at which venue?

  1. A.Bharat Mandapam, New Delhi
  2. B.Manekshaw Centre, New Delhi
  3. C.Vigyan Bhawan, New Delhi
  4. D.INS Shikra, Mumbai
Show answer
Correct answer: B. Manekshaw Centre, New Delhi

The fifth edition of Swavlamban, the Navy's annual NIIO seminar on innovation and indigenisation, is scheduled there on 26 and 27 October 2026, as announced at the curtain raiser press conference chaired by Vice Admiral Ajay Kochhar, Vice Chief of the Naval Staff.

Q1582.SportsMedium

In which event did Ravi K. Budigina win a silver medal at the Asian Para Games 2026?

  1. A.Men's 100m freestyle S13 swimming
  2. B.Men's 100m sprint T13 athletics
  3. C.Men's javelin throw F46
  4. D.Men's long jump T47
Show answer
Correct answer: A. Men's 100m freestyle S13 swimming

Ravi K. Budigina was the runner-up in that race at the Asian Para Games 2026, and the Prime Minister called his determination, hard work and sporting spirit commendable, described the achievement as a proud moment for the nation and wished him continued success in the times ahead.

Q1585.SportsMedium

In a para athletics class such as T47, what does the letter T indicate?

  1. A.A throwing event
  2. B.A track-and-jump event
  3. C.A team event
  4. D.A trial event outside the medal programme
Show answer
Correct answer: B. A track-and-jump event

In para athletics every result carries a class written as a letter followed by a number: the letter T covers running and jumping events, so sprints, middle-distance races and the long jump in which Nishad Kumar won his gold medal are all written with a T, and the number names…

Q1586.SportsMedium

What made Nishad Kumar's gold medal in the men's long jump T47 at the Asian Para Games 2026 even more special?

  1. A.It came on his debut in this event
  2. B.It was a new world record
  3. C.It was India's only medal of the Games
  4. D.He won it after returning from retirement
Show answer
Correct answer: A. It came on his debut in this event

The Prime Minister said winning a gold medal on his debut in the men's long jump T47 made the achievement even more special, and he described Nishad Kumar's versatility, determination and sporting excellence as truly inspiring.

Q1589.SportsMedium

What made Soumya's win in the women's 1500m T12/13 at the Asian Para Games 2026 notable?

  1. A.She won on her debut at the Games and clocked a personal best
  2. B.She set a new world record in the final
  3. C.She won a second gold in the same event
  4. D.She ran the race without a guide runner
Show answer
Correct answer: A. She won on her debut at the Games and clocked a personal best

Soumya was appearing at the Asian Para Games for the first time, and the run that won the women's 1500m T12/13 gold medal was also the fastest she had managed over the distance, which is why the Prime Minister's Office described it as a golden debut.

Q1594.EconomyEasy

Which method of concealment was used to disguise the smuggled gold as something other than gold?

  1. A.Gold wires coated with rhodium
  2. B.Gold coins sewn into shoe soles
  3. C.Gold dust mixed with tea leaves
  4. D.Gold sheets hidden in book covers
Show answer
Correct answer: A. Gold wires coated with rhodium

The investigation found that the carriers drew the metal into thin wires and gave them a rhodium coating, which hides the colour of gold, and the same passengers also fitted gold into the inner linings of their trolley bags and carried gold paste inside the inner shells of those bags.

Q1596.EconomyMedium

Under which law were the three persons arrested in the DRI's Gujarat gold smuggling case?

  1. A.The Customs Act, 1962
  2. B.The NDPS Act, 1985
  3. C.The Gold Control Act, 1968
  4. D.The Foreign Exchange Management Act, 1999
Show answer
Correct answer: A. The Customs Act, 1962

Gold brought into the country without declaration and without payment of duty is smuggled goods, so the three arrests in this case, which covered dealings in 13.017 kg of foreign-origin gold valued at about Rs 19.41 crore, were made under that Act.

Q1597.NationalMedium

Which appellate body dismissed Dial4Trade's appeal against the CCPA order on Ammonium Nitrate listings?

  1. A.National Consumer Disputes Redressal Commission
  2. B.National Green Tribunal
  3. C.Competition Commission of India
  4. D.Securities Appellate Tribunal
Show answer
Correct answer: A. National Consumer Disputes Redressal Commission

Dial4Trade was fined 10 lakh rupees and directed to stop listing Ammonium Nitrate and other explosive substances on its platform; the company challenged that order before the NCDRC under Section 24 of the Consumer Protection Act, the parties were heard on 9 October 2026 and the appeal was dismissed.

Q1598.NationalMedium

Which organisation issues the licence required to deal lawfully in Ammonium Nitrate and PETN in India?

  1. A.Bureau of Indian Standards (BIS)
  2. B.Petroleum and Explosives Safety Organisation (PESO)
  3. C.Food Safety and Standards Authority of India (FSSAI)
  4. D.Central Consumer Protection Authority (CCPA)
Show answer
Correct answer: B. Petroleum and Explosives Safety Organisation (PESO)

Substances such as Ammonium Nitrate, Gun Powder, Picric Acid and PETN are classed as explosives, their sale and purchase need the prescribed licence, and an online platform is expected to disclose the valid PESO licence details of a seller and to verify that the buyer holds a licence before a…

Q1600.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2020, GS Paper IMedium

With reference to the Indian economy, consider the following statements:

1. 'Commercial Paper' is a short-term unsecured promissory note.

2. 'Certificate of Deposit' is a long-term instrument issued by the Reserve Bank of India to a corporation.

3. 'Call Money' is a short-term finance used for interbank transactions.

4. 'Zero-Coupon Bonds' are the interest bearing short-term bonds issued by the Scheduled Commercial Banks to corporations.

Which of the statements given above is/are correct?

  1. A.1 and 2 only
  2. B.4 only
  3. C.1 and 3 only
  4. D.2, 3 and 4 only
Show answer
Correct answer: C. 1 and 3 only

Commercial paper and call money are correctly described; the statements on certificates of deposit and zero-coupon bonds are wrong. Commercial paper is an unsecured promissory note issued by companies to raise short-term funds, usually for 7 days to one year.