RBI GK Questions 2026

The DAX is the benchmark index of the Frankfurt Stock Exchange and tracks the largest German companies by market capitalisation and turnover.

The Hang Seng index records the leading shares of the Hong Kong Stock Exchange and has been published since 1969; it is one of the most quoted Asian indices along with the Nikkei of Tokyo and the KOSPI of Seoul.

The FTSE 100 began in 1984 and records the share prices of the hundred largest companies by market capitalisation listed in London; the name comes from the Financial Times and the Stock Exchange, which set up the index jointly, and it is read as the Footsie.

The Nikkei 225 is the benchmark index of the Tokyo Stock Exchange and is named after Nihon Keizai Shimbun, the newspaper that has compiled it since the 1950s; it covers 225 leading Japanese companies.

The Dow Jones Industrial Average tracks 30 large American companies and is quoted for the New York Stock Exchange; it was created by Charles Dow in 1896 and is the oldest index of share prices still in use, the broader American benchmark being the S&P 500 and the technology-heavy one…

The Sensex was launched in 1986 and its series was worked back to the base year 1978-79, for which the index value is taken as 100, so that a Sensex reading shows how many times the market has grown since that base.

The SENSEX, short for Sensitive Index, is composed of 30 large, well established and actively traded companies listed on the Bombay Stock Exchange, and since 2003 it has been calculated on the free-float market capitalisation method, which counts only the shares actually available for trading.

It was established in 1875 as the Native Share and Stock Brokers Association and functions from Dalal Street in Mumbai, which makes it the oldest stock exchange in Asia; it was also the first exchange in India to receive permanent recognition from the Government under the Securities Contracts (Regulation) Act…

Statement II is wrong because the IBRD works alongside other World Bank Group institutions and partners, not single-handedly. The IBRD was set up at the Bretton Woods Conference in 1944, together with the IMF.

Statement 3 is wrong because the RBI uses CPI, not WPI, as its main measure of inflation. Food has a much larger weight in the CPI, close to half of the basket, than in the WPI, where food articles and manufactured food together form roughly a quarter.

Gross primary deficit is the fiscal deficit minus interest payments: 50,000 − 1,500 = ₹48,500 crores. The fiscal deficit is total expenditure minus total receipts other than borrowings, so it already takes account of non-debt capital receipts such as recovery of loans and disinvestment proceeds.

Indexation links a payment to a price index so that its real value is protected when prices rise. Under indexation, wages, pensions or other payments are adjusted automatically in line with a price index.

The RBI brought in the Standing Deposit Facility in April 2022 and made its rate the new floor of the policy corridor.

In a free market, prices are set by buyers and sellers, not by the government. The price mechanism is how a market economy answers the basic questions of what to produce, how much and for whom.

The National Intellectual Property Rights Policy approved in 2016 carries this slogan and brings patents, copyright, trademarks, designs, geographical indications, plant varieties and layout designs under a single framework, with awareness, administration, commercialisation and enforcement as its objectives; its implementation was entrusted to a cell under the Department for Promotion…

World Intellectual Property Day is observed every year on 26 April, the day on which the convention establishing the World Intellectual Property Organization came into force in 1970, and each year the organisation announces a theme on creativity and innovation.

The Office of the Controller General of Patents, Designs and Trade Marks, with its headquarters at Mumbai, works under the Department for Promotion of Industry and Internal Trade in that ministry, and the Copyright Office was also brought under the same Department.

It provides that the mere discovery of a new form of a known substance which does not result in the enhancement of the known efficacy of that substance is not an invention, and therefore cannot be patented; the Supreme Court applied it in the Novartis case concerning a cancer drug.

Under the Trade Marks Act of 1999 a registration lasts ten years from the date of application and may be renewed for further periods of ten years without any limit on the number of renewals, so a brand name can in practice be protected for as long as the business…

The Agreement on Trade Related Aspects of Intellectual Property Rights is one of the agreements that came into force with the establishment of the World Trade Organization in 1995, and it binds every member to minimum standards of protection, enforceable through the dispute settlement system of the organisation.