RBI GK Questions 2026

It was brought out by the National Statistical Systems Training Academy, which works under the Ministry of Statistics and Programme Implementation.

For the Northeast the population needed to justify a bank branch has been brought down to 2,000 on a cluster basis, which is lower than the norm of 3,000 that applies across the country, and the relaxation exists because habitations in the region are smaller and more scattered.

That is the national credit-deposit ratio quoted at the conclave, and among the Northeastern states Manipur and Assam stand at or above it while Mizoram and several others fall short.

The minister said that out of the 9,479 villages identified for coverage in the Northeast, 6,905 now have either a bank branch or an India Post Payments Bank point, which comes to roughly 73 per cent.

The third edition of the conclave was held there, and Dr Sukanta Majumdar, Union Minister of State for Development of North Eastern Region and for Education, addressed it on 13 October 2026, asking banks to widen their reach and lend more readily in the region.

The WPI Food Index is a composite built from food articles within the Primary Articles major group and manufactured food products within the Manufactured Products group, and it carries a weight of 24.99 per cent in the index.

Every index figure in the release, for the Wholesale Price Index as well as for the Output Producer Price Index and the trial Input Producer Price Index, is stated on the 2022-23 base year.

The same group had risen 22.93 per cent in August 2026, so the pressure in this basket also widened over the month.

Wholesale price inflation for September 2026 was measured at 11.39 per cent on a year-on-year basis, a clear step up from the previous month.

Decimal coinage came into force on 1 April 1957 under the Indian Coinage Amendment Act, and the rupee, which had earlier been divided into sixteen annas, each of four pice or twelve pies, was divided into one hundred paise; the new coin was called the naya paisa until 1964, when…

Every banknote above one rupee is issued by the Reserve Bank under Section 22 of its Act and carries the promise to pay the bearer, signed by the Governor, which is why these notes are called promissory notes of the Bank.

On 19 May 2023 the Reserve Bank announced the withdrawal of the two thousand rupee note from circulation under its Clean Note Policy and asked banks to stop issuing it, while making it clear that the note was not being demonetised and would remain legal tender; holders were given a…

The notes of five hundred and one thousand rupees in the Mahatma Gandhi series ceased to be legal tender from the midnight of 8 November 2016, the stated purposes being action against unaccounted money, counterfeit currency and the financing of terrorism; a new five hundred rupee note and a two…

The High Denomination Bank Notes (Demonetisation) Act was passed in January 1978, when the Janata Party government led by Morarji Desai was in office, and it withdrew the notes of one thousand, five thousand and ten thousand rupees that had been reintroduced in 1954.

The rupee symbol was adopted by the Union Cabinet on 15 July 2010 after a public competition, and the winning design by D. Udaya Kumar, then a research scholar at the Indian Institute of Technology Bombay, joins the Devanagari letter ra with the Roman capital R and carries two parallel…

Bharatiya Reserve Bank Note Mudran Private Limited was set up in 1995 as a wholly owned subsidiary of the Reserve Bank and runs the two banknote presses at Mysuru in Karnataka and Salboni in West Bengal.

The mint of an Indian coin can be read from the small mark placed below the year of minting, and a five-pointed star stands for the Hyderabad mint.

An amendment of the Reserve Bank of India Act in 1956 replaced the proportional reserve system with the Minimum Reserve System, under which the Bank must hold assets worth two hundred crore rupees against the note issue, of which gold must be not less than one hundred fifteen crore rupees…

Section 24 of the Reserve Bank of India Act, 1934 permits banknotes of denominations up to ten thousand rupees, so a note of a higher value would need an amendment of the Act by Parliament.

The one rupee note is issued by the Government of India under the Coinage Act and carries the signature of the Finance Secretary, while every other denomination is a banknote issued by the Reserve Bank under Section 22 of its Act and carries the signature of the Governor.