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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

Q1801.Science & TechnologyEasy

What size is India's space economy expected to reach over the next seven to eight years?

  1. A.USD 15-20 billion
  2. B.USD 40-45 billion
  3. C.USD 90-100 billion
  4. D.USD 5-9 billion
Show answer
Correct answer: B. USD 40-45 billion

Dr Jitendra Singh told the roundtable that the Indian space economy, valued at roughly USD 9 billion at present, is expected to climb to USD 40-45 billion over the next seven to eight years as private capital, assured demand and quicker regulatory clearances take hold.

Q1802.EnvironmentHard

According to the Union Environment Minister, what is essential for identifying malpractices in industrial emission reporting?

  1. A.Integration of OCEMS data with plant-operation data
  2. B.Raising the fee charged for PUC certificates
  3. C.A complete shutdown of diesel generators in Delhi-NCR
  4. D.Weekly manual inspection of every industrial unit
Show answer
Correct answer: A. Integration of OCEMS data with plant-operation data

Pressing for enforcement that leans on technology, Shri Bhupender Yadav said that joining the readings of Online Continuous Emission Monitoring Systems to data on how a plant is actually being operated is essential if malpractices are to be identified, and that artificial intelligence can play an important part in achieving…

Q1804.EnvironmentMedium

Under which campaign theme was the Environment Ministry's interaction with air-pollution start-ups held?

  1. A.Saaf Hawa mein Hissedaari, Hum Sabhi ki hai Zimmedaari
  2. B.Swachh Vayu, Swasth Jeevan
  3. C.Mera Shehar, Meri Hawa
  4. D.Hawa Badlo, Desh Badlo
Show answer
Correct answer: A. Saaf Hawa mein Hissedaari, Hum Sabhi ki hai Zimmedaari

The interaction of 17 October 2026 between the Union Environment Minister and start-ups was one of a series of stakeholder engagements carried out under that campaign theme, which places a share of the responsibility for clean air on every citizen.

Q1805.EnvironmentEasy

Who held the interaction with start-ups on affordable, scalable solutions for air pollution in Delhi-NCR on 17 October 2026?

  1. A.Shri Kirti Vardhan Singh
  2. B.Shri Bhupender Yadav
  3. C.Sardar Manjinder Singh Sirsa
  4. D.The Chairperson of CAQM
Show answer
Correct answer: B. Shri Bhupender Yadav

The correct answer is Shri Bhupender Yadav, the Union Minister for Environment, Forest and Climate Change, who met start-ups and innovation companies working on air pollution mitigation and himself put a set of problem statements covering nine key areas before them.

Q1806.NationalMedium

Within how many days of the Official Gazette copies reaching the public may stakeholders file objections to the FSSAI draft on infant nutrition?

  1. A.30 days
  2. B.45 days
  3. C.60 days
  4. D.90 days
Show answer
Correct answer: C. 60 days

The notification on sucrose and fructose in infant foods has been published as a draft for public consultation, and objections as well as suggestions from stakeholders are invited within sixty days of the date on which copies of the Official Gazette carrying it are made available to the public.

Q1807.NationalMedium

The FSSAI draft amendment of 2026 modifies which parent regulations on foods for infant nutrition?

  1. A.Foods for Infant Nutrition Regulations, 2011
  2. B.Foods for Infant Nutrition Regulations, 2016
  3. C.Foods for Infant Nutrition Regulations, 2020
  4. D.Foods for Infant Nutrition Regulations, 2024
Show answer
Correct answer: C. Foods for Infant Nutrition Regulations, 2020

These are the parent rules that the new draft, styled the Amendment Regulations of 2026, sets out to edit.

Q1808.NationalEasy

Which two sugars does the FSSAI draft amendment propose to keep out of products meant for infants up to six months of age?

  1. A.Lactose and maltose
  2. B.Sucrose and fructose
  3. C.Glucose polymers and lactose
  4. D.Sorbitol and mannitol
Show answer
Correct answer: B. Sucrose and fructose

The draft Food Safety and Standards (Foods for Infant Nutrition) Amendment Regulations, 2026, which reached the Gazette of India on 16 October 2026, proposes that these two sugars not be added to any product intended for an infant up to the age of six months.

Q1809.Banking & Financial AwarenessAsked in: UPSC Civil Services · CSE Prelims 2016, GS Paper IMedium

What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI?

1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.

2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.

Select the correct answer using the code given below.

  1. A.1 only
  2. B.2 only
  3. C.Both 1 and 2
  4. D.Neither 1 nor 2
Show answer
Correct answer: C. Both 1 and 2

The RBI brought in MCLR to make banks' loan pricing more transparent and to give borrowers rates that are fair to both sides.

Q1810.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2020, GS Paper IMedium

If the RBI decides to adopt an expansionist monetary policy, which of the following would it not do?

1. Cut and optimize the Statutory Liquidity Ratio

2. Increase the Marginal Standing Facility Rate

3. Cut the Bank Rate and Repo Rate

Select the correct answer using the code given below:

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

An expansionist policy aims to make money cheaper and more plentiful, so the RBI would not raise the Marginal Standing Facility rate, which makes borrowing dearer.

Q1811.Banking & Financial AwarenessAsked in: UPSC Civil Services · CSE Prelims 2024, GS Paper IMedium

Consider the following statements in respect of the digital rupee:

1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.

2. It appears as a liability on the RBI's balance sheet.

3. It is insured against inflation by its very design.

4. It is freely convertible against commercial bank money and cash.

Which of the statements given above are correct?

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

The digital rupee is RBI-issued sovereign money, sits as a liability of the RBI like notes do, and can be exchanged one-to-one for cash and bank deposits.

Q1812.Banking & FinanceHard

Which Union Budget speech said the Government would consider reducing its stake in IDBI Bank to below 50 per cent?

  1. A.Union Budget 2016-17
  2. B.Union Budget 2021-22
  3. C.Union Budget 2003
  4. D.Union Budget 2014-15
Show answer
Correct answer: A. Union Budget 2016-17

In paragraph 93 of that speech the then Finance Minister Arun Jaitley said public sector banks had to be strong and competitive, that the Bank Board Bureau would be made operational in that year, that a roadmap for consolidating public sector banks would be spelt out, that the transformation of…

Q1814.Banking & FinanceMedium

Which court decided All India IDBI Officers' Association versus Union of India and Others, dismissing the challenge to dilution of the Government's stake?

  1. A.Supreme Court of India
  2. B.Delhi High Court
  3. C.Bombay High Court
  4. D.National Company Law Tribunal
Show answer
Correct answer: B. Delhi High Court

According to the clarification, the association of IDBI officers took the shareholding question to the Delhi High Court, which decided the case on 17 December 2018 and dismissed the writ petition.

Q1815.Banking & FinanceEasy

During the parliamentary debate on which law was an amendment moved to restrict dilution of the Government's shareholding in IDBI?

  1. A.IDBI (Repeal) Act, 2003
  2. B.Banking Regulation Act, 1949
  3. C.State Bank of India Act, 1955
  4. D.Reserve Bank of India Act, 1934
Show answer
Correct answer: A. IDBI (Repeal) Act, 2003

The Finance Ministry's clarification records that while the Union Budget of 2003 was being discussed and Parliament was debating this repeal legislation, an amendment was moved that sought to limit any reduction of the Government's holding in IDBI.

Q1819.Static GKMedium

The Maori are the indigenous people of which country?

  1. A.Australia
  2. B.New Zealand
  3. C.Papua New Guinea
  4. D.Fiji
Show answer
Correct answer: B. New Zealand

The Maori are the Polynesian people who settled New Zealand before European contact. Their ceremonial war dance, the haka, is widely known, their meeting house is the marae, and the Maori language is one of the official languages of New Zealand, which they call Aotearoa.