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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

Q501.Science & TechnologyEasy

What is the maximum number of bitcoins that can ever exist?

  1. A.One crore
  2. B.Twenty-one million
  3. C.One hundred million
  4. D.There is no upper limit
Show answer
Correct answer: B. Twenty-one million

The bitcoin protocol fixes the total supply at twenty-one million coins. New coins enter circulation only as the reward paid to whoever adds a block, and that reward is halved every two hundred and ten thousand blocks, which works out to roughly every four years, so issuance falls geometrically towards…

Q503.Science & TechnologyEasy

The 2008 white paper that introduced bitcoin was published under which name?

  1. A.Vitalik Buterin
  2. B.Satoshi Nakamoto
  3. C.Nick Szabo
  4. D.Ralph Merkle
Show answer
Correct answer: B. Satoshi Nakamoto

The paper titled Bitcoin: A Peer-to-Peer Electronic Cash System was circulated in 2008 under the name Satoshi Nakamoto, a pseudonym whose owner has never been established, and it set out how a chain of hashed blocks and proof of work could prevent double spending without any trusted third party.

Q504.Banking & Financial AwarenessMedium

Under the Fugitive Economic Offenders Act, a person may be declared a fugitive economic offender where the scheduled offence involves an amount of at least

  1. A.One crore rupees
  2. B.Ten crore rupees
  3. C.One hundred crore rupees
  4. D.One thousand crore rupees
Show answer
Correct answer: C. One hundred crore rupees

The Fugitive Economic Offenders Act of 2018 applies where a warrant of arrest has been issued for a scheduled offence involving a value of one hundred crore rupees or more and the person has left India to avoid prosecution, or refuses to return to face it.

Q505.Banking & Financial AwarenessHard

The Financial Intelligence Unit India reports to which body?

  1. A.The Economic Intelligence Council chaired by the Union Finance Minister
  2. B.The Central Board of Direct Taxes
  3. C.The Monetary Policy Committee of the Reserve Bank of India
  4. D.The Financial Stability and Development Council chaired by the Prime Minister
Show answer
Correct answer: A. The Economic Intelligence Council chaired by the Union Finance Minister

The Financial Intelligence Unit India works under the Department of Revenue in the Ministry of Finance and reports to the Economic Intelligence Council, the apex body on economic offences, which is chaired by the Union Finance Minister.

Q507.Banking & Financial AwarenessHard

Under the PMLA, how long must a reporting entity preserve records of the transactions it is required to report?

  1. A.Three years from the date of the transaction
  2. B.Five years from the date of the transaction
  3. C.Eight years from the date of the transaction
  4. D.Fifteen years from the date of the transaction
Show answer
Correct answer: B. Five years from the date of the transaction

Section 12 requires every reporting entity to maintain a record of all transactions of the prescribed nature and value for a period of five years from the date of the transaction between the client and the entity, and to maintain records of the identity of its clients for five years…

Q509.Banking & Financial AwarenessMedium

Under Section 4 of the Prevention of Money Laundering Act, the punishment for money laundering is rigorous imprisonment of

  1. A.One to three years
  2. B.Three to seven years
  3. C.Five to ten years
  4. D.Seven to fourteen years
Show answer
Correct answer: B. Three to seven years

Section 4 provides that whoever commits the offence of money laundering shall be punishable with rigorous imprisonment for a term of not less than three years, which may extend to seven years, and with a fine.

Q510.Banking & Financial AwarenessMedium

A suspicious transaction report under the PMLA rules must be filed within

  1. A.Seven working days of forming the suspicion
  2. B.Thirty days of forming the suspicion
  3. C.The fifteenth day of the following month
  4. D.Ninety days of forming the suspicion
Show answer
Correct answer: A. Seven working days of forming the suspicion

The rules require a reporting entity to furnish a suspicious transaction report to the Financial Intelligence Unit not later than seven working days from the date on which it is satisfied that the transaction is suspicious.

Q511.Banking & Financial AwarenessMedium

Under the rules framed under the PMLA, a bank must file a Cash Transaction Report for cash transactions in an account exceeding

  1. A.One lakh rupees in a month
  2. B.Five lakh rupees in a month
  3. C.Ten lakh rupees in a month
  4. D.Fifty lakh rupees in a month
Show answer
Correct answer: C. Ten lakh rupees in a month

Under the Prevention of Money-laundering Maintenance of Records Rules of 2005, a reporting entity must report all cash transactions of a value of more than ten lakh rupees, or their equivalent in foreign currency, and all series of integrally connected cash transactions that together exceed that amount within a month.

Q513.Banking & Financial AwarenessEasy

Which agency investigates and prosecutes offences under the Prevention of Money Laundering Act?

  1. A.Financial Intelligence Unit India
  2. B.Enforcement Directorate
  3. C.Central Bureau of Investigation
  4. D.Reserve Bank of India
Show answer
Correct answer: B. Enforcement Directorate

The Directorate, which works under the Department of Revenue in the Ministry of Finance and traces its origin to the Enforcement Unit set up on the first of May 1956, registers cases under the Act, attaches property provisionally, arrests, and files prosecution complaints in the Special Court.

Q515.Banking & Financial AwarenessEasy

The three stages of money laundering, in order, are

  1. A.Layering, placement and integration
  2. B.Placement, layering and integration
  3. C.Integration, placement and layering
  4. D.Placement, integration and layering
Show answer
Correct answer: B. Placement, layering and integration

Placement comes first because the criminal must get cash into the financial system, which he does through small deposits, the purchase of bearer instruments or by mixing the cash with the takings of a shop or a petrol pump.

Q516.Indian EconomyMedium

The maternity benefit provided to a pregnant woman under the National Food Security Act, 2013 is

  1. A.not less than three thousand rupees
  2. B.not less than five thousand rupees
  3. C.not less than six thousand rupees
  4. D.not less than ten thousand rupees
Show answer
Correct answer: C. not less than six thousand rupees

Besides a free meal through the local anganwadi during pregnancy and for six months after childbirth, the Act entitles every pregnant woman and lactating mother to a maternity benefit of not less than six thousand rupees, paid in instalments; women already receiving a similar benefit as government employees are excluded.

Q518.Indian EconomyHard

The Targeted Public Distribution System, which divided households into Below Poverty Line and Above Poverty Line, was introduced in

  1. A.1992
  2. B.1997
  3. C.2000
  4. D.2002
Show answer
Correct answer: B. 1997

The Targeted Public Distribution System was introduced in June 1997. Until then the distribution system was universal, open to any cardholder; from 1997 households were classified as Below or Above the Poverty Line and given different quotas at different prices, with the poorer group receiving a larger subsidy.

Q519.Indian EconomyHard

Which Article of the Constitution makes it the duty of the State to raise the level of nutrition and the standard of living of its people?

  1. A.Article 21
  2. B.Article 39
  3. C.Article 47
  4. D.Article 51A
Show answer
Correct answer: C. Article 47

Article 47, a Directive Principle of State Policy, declares that the State shall regard the raising of the level of nutrition and of the standard of living of its people and the improvement of public health as among its primary duties, and the same Article speaks of prohibiting intoxicating drinks…

Q520.Indian EconomyEasy

The minimum support price of a crop in India is recommended by

  1. A.the Food Corporation of India
  2. B.the Commission for Agricultural Costs and Prices
  3. C.the Reserve Bank of India
  4. D.the National Statistical Office
Show answer
Correct answer: B. the Commission for Agricultural Costs and Prices

The Commission, set up in 1965 as the Agricultural Prices Commission and renamed in 1985, recommends the minimum support price for twenty-two mandated crops after weighing the cost of production, demand and supply, price trends and the terms of trade; the Cabinet Committee on Economic Affairs takes the final decision…