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NABARD GK Questions 2026

The static part of NABARD's awareness tests is economics, rural society and agriculture more than history or sports. The Grade A syllabus for Economic & Social Issues covers the nature of the Indian economy, reforms, inflation, poverty and its measurement, population policy, rural credit, industrial policy, banking reforms, international institutions, social structure, education, social justice and human development. The Agriculture & Rural Development syllabus covers agronomy, soils and irrigation, farm engineering, horticulture, animal husbandry, fisheries, forestry, extension, ecology and climate change, agricultural finance and marketing, and rural development programmes and Panchayati Raj. This page holds GK24's topic-wise GK notes for NABARD. Each note is written as short facts and tables, so a topic can be revised in one sitting. The Indian Economy notes serve most of ESI. The Indian Polity notes cover Panchayati Raj and social justice. The Geography notes cover soils, irrigation, climate and forests, and the Environment and Ecology notes cover climate change and its international bodies. The Computer notes serve the Computer Knowledge test, and Static GK helps with General Awareness. Agronomy, animal husbandry and fisheries go beyond general GK, so use the advertisement's ARD list as a checklist for them. Read a note, then take its quiz on this site to check what you retained.

NABARD GK Questions with Answers

Q362.Government SchemesHard

Where are the two modernised and operational Central Sliver Plants of KVIC located?

  1. A.Chittadurga in Karnataka and Kuttur in Kerala
  2. B.Ponduru in Andhra Pradesh and Agra in Uttar Pradesh
  3. C.Nagpur in Maharashtra and Bhavnagar in Gujarat
  4. D.Erode in Tamil Nadu and Guntur in Andhra Pradesh
Show answer
Correct answer: A. Chittadurga in Karnataka and Kuttur in Kerala

The ministry said the Central Sliver Plants of the Khadi and Village Industries Commission are being modernised and that these two have completed the work and become operational, with the Chittadurga plant meeting half of its energy requirement from solar power while wind power is under study.

Q363.Government SchemesEasy

According to the MSME Ministry, roughly what share of Khadi artisans are women?

  1. A.About 40 per cent
  2. B.About 55 per cent
  3. C.About 65 per cent
  4. D.About 80 per cent
Show answer
Correct answer: D. About 80 per cent

The ministry said that women make up roughly four fifths of the approximately half a million Khadi artisans, and that their participation has been especially strong in agarbatti, handmade paper, the Honey Mission and the service industries, giving them a route to financial independence.

Q365.Banking & Financial AwarenessHard

Peer-to-peer lending platforms in India are registered with the Reserve Bank of India under which category?

  1. A.NBFC-P2P
  2. B.NBFC-AA
  3. C.Payments Bank
  4. D.Small Finance Bank
Show answer
Correct answer: A. NBFC-P2P

A peer-to-peer lending platform, which matches individual lenders with individual borrowers, must be registered as a Non-Banking Financial Company — Peer to Peer Lending Platform under master directions the Reserve Bank issued in 2017; it acts only as an intermediary and may not lend on its own book or give…

Q366.Banking & Financial AwarenessHard

The Reserve Bank Innovation Hub, set up in 2020 as a wholly owned subsidiary of the Reserve Bank of India, is located at

  1. A.Mumbai
  2. B.Bengaluru
  3. C.Hyderabad
  4. D.New Delhi
Show answer
Correct answer: B. Bengaluru

The Reserve Bank Innovation Hub was set up in 2020 at Bengaluru as a wholly owned subsidiary of the Reserve Bank to build products that deepen financial inclusion, and the Unified Lending Interface, a common platform through which lenders can draw authenticated data for credit appraisal, grew out of its…

Q367.Banking & Financial AwarenessEasy

Which body operates the Real Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) systems in India?

  1. A.National Payments Corporation of India
  2. B.Reserve Bank of India
  3. C.Securities and Exchange Board of India
  4. D.Indian Banks’ Association
Show answer
Correct answer: B. Reserve Bank of India

RTGS, which settles large-value transactions one by one in real time, and NEFT, which settles in batches, are both owned and operated by the Reserve Bank, and both have been available round the clock on all days.

Q368.Banking & Financial AwarenessHard

Under the Reserve Bank’s Guidelines on Digital Lending, 2022, the disbursal and repayment of a loan must take place

  1. A.Through a pass-through account of the lending service provider
  2. B.Directly between the borrower’s bank account and the regulated entity’s account
  3. C.Through a wallet maintained by the digital lending app
  4. D.Only in cash at a branch of the lender
Show answer
Correct answer: B. Directly between the borrower’s bank account and the regulated entity’s account

The guidelines issued in September 2022 require that all loan money move directly between the borrower’s bank account and the bank account of the regulated entity, that is the bank or non-banking finance company doing the lending, without any pool or pass-through account of a third party in between.

Q369.Banking & Financial AwarenessMedium

e-RUPI, launched in 2021, is best described as

  1. A.A cryptocurrency approved by the Reserve Bank of India
  2. B.A prepaid, person-specific and purpose-specific electronic voucher
  3. C.A new denomination of the Digital Rupee
  4. D.A credit card product of the National Payments Corporation of India
Show answer
Correct answer: B. A prepaid, person-specific and purpose-specific electronic voucher

e-RUPI is a prepaid electronic voucher, delivered to the beneficiary as an SMS string or a QR code, which can be redeemed only by the named person and only for the named purpose, for example a vaccination or a diagnostic test.

Q370.Banking & Financial AwarenessMedium

Which of the following statements about the retail Digital Rupee, e₹-R, is NOT correct?

  1. A.It is token-based and held in a digital wallet
  2. B.It is issued in the same denominations as existing coins and notes
  3. C.It earns interest like a savings bank deposit
  4. D.It is distributed to the public through participating banks
Show answer
Correct answer: C. It earns interest like a savings bank deposit

The retail digital rupee earns no interest, and this is a deliberate design decision: an interest-bearing CBDC would pull money out of bank deposits and shrink the funds banks have to lend, so the Reserve Bank kept it non-interest bearing like cash.

Q371.Banking & Financial AwarenessEasy

The National Payments Corporation of India (NPCI) was set up in which year, under the Payment and Settlement Systems Act, 2007?

  1. A.2005
  2. B.2008
  3. C.2010
  4. D.2016
Show answer
Correct answer: B. 2008

The National Payments Corporation of India was incorporated in 2008 at the initiative of the Reserve Bank of India and the Indian Banks’ Association as the umbrella organisation for retail payments in India, and it is a not-for-profit company under what is now Section 8 of the Companies Act.

Q372.Banking & Financial AwarenessMedium

In the Account Aggregator framework of the Reserve Bank of India, the entity that holds the customer’s financial data and shares it on consent is called the

  1. A.Financial Information User (FIU)
  2. B.Financial Information Provider (FIP)
  3. C.Consent Manager
  4. D.Lending Service Provider (LSP)
Show answer
Correct answer: B. Financial Information Provider (FIP)

An FIP is the institution that already holds the customer’s data — a bank, a non-banking finance company, an insurer, a mutual fund or a pension fund — and releases it when a valid consent artefact is presented.

Q373.Banking & Financial AwarenessMedium

Which of the following is the correct difference between the Digital Rupee and the Unified Payments Interface?

  1. A.Both are payment systems operated by NPCI
  2. B.The Digital Rupee is central bank money itself, while UPI is a system that moves bank deposit money
  3. C.UPI is legal tender, while the Digital Rupee is not
  4. D.The Digital Rupee pays interest, while UPI balances do not
Show answer
Correct answer: B. The Digital Rupee is central bank money itself, while UPI is a system that moves bank deposit money

The digital rupee is money, a liability of the Reserve Bank, so a transfer from one wallet to another is final the moment it happens and no interbank settlement follows.

Q374.Banking & Financial AwarenessMedium

The pilot of the wholesale Digital Rupee, e₹-W, was launched on 1 November 2022 for which purpose?

  1. A.Retail payments at merchant outlets
  2. B.Cross-border remittances
  3. C.Settlement of secondary market transactions in Government securities
  4. D.Payment of direct benefit transfer subsidies
Show answer
Correct answer: C. Settlement of secondary market transactions in Government securities

The wholesale pilot began on 1 November 2022 with a small group of banks, and its first use case was settling the secondary market leg of Government security trades, because that removes the need for a separate settlement guarantee arrangement and frees collateral.

Q375.Banking & Financial AwarenessMedium

Which Act was amended to widen the definition of a "bank note" so that the Reserve Bank of India could issue the Digital Rupee?

  1. A.Banking Regulation Act, 1949
  2. B.Reserve Bank of India Act, 1934
  3. C.Payment and Settlement Systems Act, 2007
  4. D.Coinage Act, 2011
Show answer
Correct answer: B. Reserve Bank of India Act, 1934

The Finance Act, 2022 amended Section 2 of the Reserve Bank of India Act so that the expression bank note includes a bank note issued in digital form, which gave the digital rupee the status of legal tender.

Q376.Banking & Financial AwarenessHard

Which of the following is NOT taken into account in computing an individual's credit score?

  1. A.Repayment history on loans and credit cards
  2. B.Credit utilisation ratio on revolving credit
  3. C.The borrower's monthly income and savings balance
  4. D.The number of recent credit enquiries
Show answer
Correct answer: C. The borrower's monthly income and savings balance

A credit score is built only from credit behaviour reported by lenders, so income, the balance in a savings account, the deposits held with a bank, and matters such as caste or religion are not part of it; a lender looks at income separately when it assesses whether a borrower…

Q377.Banking & Financial AwarenessHard

As directed by the Reserve Bank, how many free full credit reports must each credit information company give an individual in a calendar year?

  1. A.None; every report is charged
  2. B.One
  3. C.Two
  4. D.Four
Show answer
Correct answer: B. One

The Reserve Bank has directed every credit information company to provide one free full credit report to an individual once in each calendar year, on request, so that a borrower can check the record and have an error corrected before applying for a loan.