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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

Q701.Banking & FinanceEasy

Who chaired the review meeting on the progress of financial inclusion schemes with public and private sector banks?

  1. A.The Governor of the Reserve Bank of India
  2. B.The Secretary, Department of Financial Services
  3. C.The Union Finance Minister
  4. D.The Chairman of the State Bank of India
Show answer
Correct answer: B. The Secretary, Department of Financial Services

The correct answer is the Secretary, Department of Financial Services, Sanjay Lohiya, who took the review in New Delhi with the heads of all public sector banks and the Executive Directors of major private sector banks, assisted by senior officers of his department.

Q702.EconomyMedium

SAIL has signed a memorandum of understanding for the joint development of two coal blocks in West Bengal with which company?

  1. A.Coal India Limited
  2. B.Bharat Coking Coal Limited
  3. C.NMDC Limited
  4. D.Damodar Valley Corporation
Show answer
Correct answer: B. Bharat Coking Coal Limited

The agreement covers the joint development and operation of two blocks in West Bengal, the Indikatta Ramnagore coal block held by SAIL and the East of Damagoria or Kalyaneshwari block held by BCCL.

Q705.EconomyEasy

Who will chair the Steel Industry Safety Council announced by the Ministry of Steel?

  1. A.The Union Minister of Steel
  2. B.The Chairman of SAIL
  3. C.The Secretary, Ministry of Steel
  4. D.The Chairman of NMDC
Show answer
Correct answer: C. The Secretary, Ministry of Steel

The Steel Industry Safety Council is being created as an apex body for the whole steel industry, with the mandate of strengthening safety standards, preventing accidents and building a safety culture, and the Secretary of the ministry will head it.

Q706.Banking & Financial AwarenessEasy

The International Monetary Fund and the World Bank, born of the Bretton Woods conference, both have their headquarters in which city?

  1. A.New York
  2. B.Washington DC
  3. C.London
  4. D.Paris
Show answer
Correct answer: B. Washington DC

Both institutions were planned at the Bretton Woods conference of 1944 in the United States and both work from Washington DC, which is why they are called the Bretton Woods twins; the IMF looks after exchange stability and balance of payments while the World Bank lends for development.

Q707.Banking & Financial AwarenessHard

The Contingent Reserve Arrangement of the BRICS countries is a pool of what size?

  1. A.50 billion US dollars
  2. B.75 billion US dollars
  3. C.100 billion US dollars
  4. D.200 billion US dollars
Show answer
Correct answer: C. 100 billion US dollars

The Contingent Reserve Arrangement was agreed at the Fortaleza summit of 2014 as a pool of 100 billion dollars on which a member facing short term pressure on its balance of payments may draw, so that it works for the BRICS group somewhat as the International Monetary Fund does for…

Q708.Banking & Financial AwarenessMedium

Who was the first president of the New Development Bank?

  1. A.Jin Liqun
  2. B.K. V. Kamath
  3. C.Raghuram Rajan
  4. D.Montek Singh Ahluwalia
Show answer
Correct answer: B. K. V. Kamath

The first presidency of the New Development Bank went to India, and K. V. Kamath, formerly of ICICI Bank, took charge when the bank began work in 2015, the presidency afterwards rotating among the member countries.

Q709.Banking & Financial AwarenessHard

At which BRICS summit was the decision to create the New Development Bank taken?

  1. A.The Durban summit in South Africa
  2. B.The Fortaleza summit in Brazil
  3. C.The Ufa summit in Russia
  4. D.The Goa summit in India
Show answer
Correct answer: B. The Fortaleza summit in Brazil

The sixth BRICS summit was held at Fortaleza in July 2014, and the agreement establishing the New Development Bank was signed there, along with the treaty for the Contingent Reserve Arrangement.

Q715.Banking & Financial AwarenessMedium

The Basel norms on bank capital are framed by which body?

  1. A.The International Monetary Fund
  2. B.The Financial Action Task Force
  3. C.The Basel Committee on Banking Supervision
  4. D.The World Trade Organization
Show answer
Correct answer: C. The Basel Committee on Banking Supervision

The committee was created in 1974 by the central bank governors of the Group of Ten countries, sits at the Bank for International Settlements in Basel, and drafts the standards that national regulators then adopt for their own banks.