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RBI GK Questions 2026

The static part of RBI exams is mostly economics and finance. The Grade B advertisement lists the syllabus of Paper-I, Economic and Social Issues: growth and development, national income, poverty and employment, sustainable development, the Indian economy since the reforms of 1991, money and financial markets, the role of banks and the Reserve Bank, public finance, agriculture, industry and services, the balance of payments, the IMF, the World Bank and the WTO, and India's social structure. Paper-III, General Finance and Management, adds the functions of the RBI, the banking system, SIDBI, EXIM Bank, NABARD, NHB and NaBFID, financial markets, financial inclusion, the Union Budget and inflation. These topics also feed the General Awareness tests of Grade B Phase-I and the Assistant Main, alongside static facts such as the heads and headquarters of institutions. This page holds GK24's topic-wise GK notes for RBI exams, written as short facts and tables so that a topic can be revised in one sitting, in English and Hindi. Read a topic, then solve its quiz and previous-year questions on this site to check what you retained. For the descriptive part of ESI, turn each note into a one-page answer outline.

RBI GK Questions with Answers

Q363.Computer AwarenessAsked in: Delhi · 7 Aug 2021, Shift 1Medium

Which of the following statement(s) is/are correct regarding On-Line Transaction Processing (OLTP)? I. Responses to the user inquiry are immediate. II. The associated cost is economical with efficient utilization of resources. III. The database is always up-to-date.

  1. A.Only II
  2. B.I and III
  3. C.I and II
  4. D.Only III
Show answer
Correct answer: B. I and III

On-Line Transaction Processing is the mode in which a bank counter, a railway booking window or a payment gateway works: each transaction is processed the moment it is entered, so the response to the user is immediate, and every committed transaction is written at once, so the database always reflects…

Q366.InternationalMedium

Which bilateral mechanism’s outcomes were reviewed during the Finance Minister’s talks with the Singapore leadership?

  1. A.2nd India-Singapore Ministerial Roundtable
  2. B.3rd India-Singapore Ministerial Roundtable
  3. C.4th India-Singapore Ministerial Roundtable
  4. D.6th India-Singapore Ministerial Roundtable
Show answer
Correct answer: C. 4th India-Singapore Ministerial Roundtable

The engagements in Singapore gave the two sides an opportunity to review progress in advancing the outcomes of that roundtable and to explore avenues for deepening the Comprehensive Strategic Partnership between India and Singapore.

Q368.InternationalEasy

Who is the President of Singapore, on whom the Union Finance Minister called during her October 2026 visit?

  1. A.Lawrence Wong
  2. B.Tharman Shanmugaratnam
  3. C.Gan Kim Yong
  4. D.Vivian Balakrishnan
Show answer
Correct answer: B. Tharman Shanmugaratnam

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman called on him during her visit from 8 to 11 October 2026 and also attended a luncheon he hosted along with the Managing Director of the International Monetary Fund.

Q369.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2021, GS Paper IHard

With reference to India, consider the following statements: 1. Retail investors through demat account can invest in 'Treasury Bills' and 'Government of India Debt Bonds' in primary market. 2. The 'Negotiated Dealing System-Order Matching' is a government securities trading platform of the Reserve Bank of India. 3. The 'Central Depository Services Ltd.' is jointly promoted by the Reserve Bank of India and the Bombay Stock Exchange. Which of the statements given above is/are correct?

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

Retail investors can bid for government securities in primary auctions, and NDS-OM is the RBI's trading platform for them, but CDSL was not promoted by the RBI.

Q370.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2022, GS Paper IMedium

With reference to the Indian economy, consider the following statements: 1. A share of the household financial savings goes towards government borrowings. 2. Dated securities issued at market-related rates in auctions form a large component of internal debt. Which of the above statements is/are correct?

  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

Household savings reach the government through many channels, and dated securities sold in auctions make up the bulk of the Centre's internal debt.

Q371.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2016, GS Paper IMedium

Which of the following is/are included in the capital budget of the Government of India? 1. Expenditure on acquisition of assets like roads, buildings, machinery, etc. 2. Loans received from foreign governments 3. Loans and advances granted to the States and Union Territories Select the correct answer using the code given below.

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

The capital budget records capital receipts and capital expenditure, and all three items fall in it. The Union Budget has two parts.

Q372.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2017, GS Paper IEasy

Which of the following statements is/are correct regarding the Monetary Policy Committee (MPC)? 1. It decides the RBI's benchmark interest rates. 2. It is a 12-member body including the Governor of RBI and is reconstituted every year. 3. It functions under the chairmanship of the Union Finance Minister. Select the correct answer using the code given below:

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

The MPC fixes the policy repo rate, the RBI's benchmark rate, but it has six members and is chaired by the RBI Governor.

Q373.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2021, GS Paper IMedium

With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following? 1. Expansionary policies 2. Fiscal stimulus 3. Inflation-indexing wages 4. Higher purchasing power 5. Rising interest rates Select the correct answer using the code given below.

  1. A.1, 2 and 4 only
  2. B.3, 4 and 5 only
  3. C.1, 2, 3 and 5 only
  4. D.1, 2, 3, 4 and 5
Show answer
Correct answer: A. 1, 2 and 4 only

Expansionary policies, fiscal stimulus and higher purchasing power all raise aggregate demand, which is what drives demand-pull inflation. Demand-pull inflation happens when total demand for goods and services runs ahead of what the economy can supply, described as too much money chasing too few goods.

Q374.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2018, GS Paper IHard

Consider the following statements: 1. The Fiscal Responsibility and Budget Management (FRBM) Review Committee Report has recommended a debt to GDP ratio of 60% for the general (combined) government by 2023, comprising 40% for the Central Government and 20% for the State Governments. 2. The Central Government has domestic liabilities of 21% of GDP as compared to that of 49% of GDP of the State Governments. 3. As per the Constitution of India, it is mandatory for a State to take the Central Government's consent for raising any loan if the former owes any outstanding liabilities to the latter. Which of the statements given above is/are correct?

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

Statement 1 states the FRBM Review Committee's target correctly and statement 3 is Article 293(3), while statement 2 swaps the figures.

Q375.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2020, GS Paper IEasy

"Gold Tranche" (Reserve Tranche) refers to

  1. A.a loan system of the World Bank
  2. B.one of the operations of a Central Bank
  3. C.a credit system granted by WTO to its members
  4. D.a credit system granted by IMF to its members
Show answer
Correct answer: D. a credit system granted by IMF to its members

The reserve tranche is the part of a member's IMF quota that it can draw on at any time, without conditions.

Q376.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2021, GS Paper IEasy

Which one of the following is likely to be the most inflationary in its effects?

  1. A.Repayment of public debt
  2. B.Borrowing from the public to finance a budget deficit
  3. C.Borrowing from the banks to finance a budget deficit
  4. D.Creation of new money to finance a budget deficit
Show answer
Correct answer: D. Creation of new money to finance a budget deficit

Printing new money adds fresh purchasing power to the economy without any matching rise in goods, so it pushes prices up the most.

Q377.Indian EconomyAsked in: UPSC Civil Services · CSE Prelims 2022, GS Paper IHard

Which one of the following situations best reflects "Indirect Transfers" often talked about in media recently with reference to India?

  1. A.An Indian company investing in a foreign enterprise and paying taxes to the foreign country on the profits arising out of its investment
  2. B.A foreign company investing in India and paying taxes to the country of its base on the profits arising out of its investment
  3. C.An Indian company purchases tangible assets in a foreign country and sells such assets after their value increases and transfers the proceeds to India
  4. D.A foreign company transfers shares and such shares derive their substantial value from assets located in India
Show answer
Correct answer: D. A foreign company transfers shares and such shares derive their substantial value from assets located in India

That is exactly what an indirect transfer means in Indian tax law. In an indirect transfer, no Indian asset changes hands directly.

Q380.Reports & IndicesMedium

According to TRAI's performance indicator report, what was India's total telephone subscriber base at the end of June 2026?

  1. A.1,330.58 million
  2. B.1,300.25 million
  3. C.1,348.08 million
  4. D.1,114.17 million
Show answer
Correct answer: C. 1,348.08 million

The report for the quarter ending June 2026 records this as the total of wireless and wireline connections, a rise of 1.31 per cent over the previous quarter and of 10.65 per cent over the same quarter a year earlier.