RBI GK Questions 2026

Recalling a conversation with the German Foreign Minister about the migration agreement between India and Germany, Piyush Goyal said the arrangement carries a requirement of 90,000 Indians a year, and that he was told Germany in fact needed substantially more Indian talent than that.

The Minister said that green and renewable sources now make up that share of India's installed electricity capacity, while adding that coal remains necessary for energy security and for keeping power affordable.

Piyush Goyal said India's space economy was valued at USD 8.4 billion at the time of his address and had the potential to reach USD 44 billion by that year, a prospect he linked to the opening of the space sector to private participation.

The Commerce and Industry Minister said the nine free trade and bilateral agreements concluded by the government have opened preferential market opportunities in economies whose combined output comes to that figure.

Air transport was the weakest of the 19 sub-sectors in August 2026 on both measures that the index offers: it contracted 9.6 per cent against August 2025, and its reading was the only one in the whole series below the level of the base year 2024-25.

The correct answer is retail trade, which expanded faster than any other sub-sector over August 2025 and also carried the second highest index reading in the series.

Every reading in the Index of Services Production is measured against output in that base year, so a sub-sector standing above the base-year level has grown since then and one standing below it has not recovered to where it was.

MoSPI compiles and publishes the Index of Services Production, and it released the figures for August 2026 covering 19 broad sub-sectors on the base year 2024-25.

By the law of demand, a normal good is bought less when its own price rises, while the effect on the other good depends on two forces pulling in opposite directions.

Items such as switchgear and circuit breakers, uninterruptible power supplies and solid-state drives, and end-face connectors for optical fibres pushed the group up, which tells a story about demand from power distribution and data networks.

On this base the general index for the month under review reads above the hundred mark, which simply means output is higher than it was in the base year.

The correct answer is electricity and gas supply, which grew at the fastest rate among the four sectors that make up the index.

The correct answer is 6.7 per cent, the year on year growth recorded by the quick estimates for September 2026.

The Insolvency and Bankruptcy Board of India was set up on 1 October 2016 under the Insolvency and Bankruptcy Code, 2016.

Government spending adds to income more than an equal transfer, and its effect is smaller when money supply is not expanded alongside it.

Adam Smith laid down four canons of taxation, and fiscal adequacy was not one of them; it was added by later economists.

The financial cycle is the rise and fall of credit and asset prices, and the ratio of credit to GDP shows how far borrowing has run ahead of the economy.

Proposed by Franco Modigliani with Richard Brumberg and Albert Ando, it holds that a person plans consumption over a whole lifetime, using available resources, the return on wealth and age.

The statistics ministry stated that these two questions were added at that Ministry's request, so that establishments engaged in handloom, power-loom and handicraft work can be identified within the survey frame.

The revised schedule introduces, for the first time, questions on the constraints women face in operating and managing their establishments, to build an evidence base on the factors affecting female-led enterprises in the unincorporated sector.