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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

Q61.Indian EconomyAsked in: CDS · CDS-II 2024, GKHard

Consider the following statements : 1. An additional spending by the Government of ₹ X is likely to have less impact on income than an additional transfer of ₹ X to households. 2. An additional spending by the Government of ₹ X is likely to have less impact on income if it is not accompanied by an expansion in money supply. Which of the statements given above 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: B. 2 only

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

Q64.Indian EconomyAsked in: CDS · CDS-I 2019, GKHard

Which one of the following hypotheses postulates that individual's consumption in any time period depends upon resources available to the individual, rate of return on his capital and age of the individual?

  1. A.Absolute Income Hypothesis
  2. B.Relative Income Hypothesis
  3. C.Life Cycle Hypothesis
  4. D.Permanent Income Hypothesis
Show answer
Correct answer: C. Life Cycle Hypothesis

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.

Q65.Reports & IndicesMedium

At whose request were two questions added to identify handloom, power-loom and handicraft establishments?

  1. A.The Ministry of Textiles
  2. B.The Ministry of MSME
  3. C.The Ministry of Commerce and Industry
  4. D.The Ministry of Rural Development
Show answer
Correct answer: A. The Ministry of Textiles

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.

Q66.Reports & IndicesMedium

Which information will the Annual Survey of Unincorporated Sector Enterprises capture for the first time?

  1. A.Use of digital payment instruments
  2. B.Gender-specific constraints faced by women entrepreneurs
  3. C.District-level estimates by participating States
  4. D.Presence of establishments on e-commerce marketplaces
Show answer
Correct answer: B. Gender-specific constraints faced by women entrepreneurs

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.

Q67.Reports & IndicesMedium

ASUSE 2027-28 is proposed to be conducted over which period?

  1. A.January 2027 to December 2027
  2. B.April 2027 to March 2028
  3. C.July 2027 to June 2028
  4. D.October 2027 to September 2028
Show answer
Correct answer: B. April 2027 to March 2028

The Ministry of Statistics and Programme Implementation has proposed moving the Annual Survey of Unincorporated Sector Enterprises from the calendar-year cycle it has followed so far to the financial year, so that its reference period matches that of other enterprise surveys such as the Annual Survey of Industries and the…

Q68.Indian EconomyAsked in: CDS · CDS-I 2025, GKEasy

Core inflation is :

  1. A.CPI headline inflation minus all non-food items
  2. B.WPI inflation minus all food and non-food items
  3. C.CPI headline inflation minus food and energy items
  4. D.WPI inflation minus food and energy items
Show answer
Correct answer: C. CPI headline inflation minus food and energy items

Core inflation leaves out food and fuel, whose prices swing sharply with monsoons, harvests and world oil prices, so that it shows the steady, underlying trend of prices.

Q69.Indian EconomyAsked in: CDS · CDS-I 2024, GKMedium

Which of the following statements is/are correct? 1. Most of India's reserves is held in the form of foreign currency. 2. There is no cost of holding foreign currency as reserves by a nation. Select the correct answer using the code given below.

  1. A.1 only
  2. B.2 only
  3. C.Both 1 and 2
  4. D.Neither 1 nor 2
Show answer
Correct answer: A. 1 only

Foreign currency assets make up the largest part of India's foreign exchange reserves, but holding them is never free, so statement 2 is false.

Q73.Banking & FinanceEasy

Which two Reserve Bank of India facilities were inaugurated at Bhubaneswar on 25 October 2026?

  1. A.A currency printing press and a note sorting centre
  2. B.A data centre and a cyber security training institute
  3. C.A regional office and a banking ombudsman office
  4. D.A coin museum and a financial literacy centre
Show answer
Correct answer: B. A data centre and a cyber security training institute

The Prime Minister inaugurated exactly these two units of the Reserve Bank of India at Bhubaneswar, the capital of Odisha, and called the occasion an important one for the state and for the country.

Q75.Indian EconomyAsked in: CDS · CDS-I 2020, GKMedium

Which of the following are considered to be the four pillars of human development?

  1. A.Equity, inclusion, productivity and empowerment
  2. B.Equity, productivity, empowerment and sustainability
  3. C.Productivity, gender, inclusion and equity
  4. D.Labour, productivity, inclusion and equity
Show answer
Correct answer: B. Equity, productivity, empowerment and sustainability

These are the four pillars of human development set out by the economist Mahbub ul Haq, who led the team that prepared the first Human Development Report for the UNDP in 1990, working closely with Amartya Sen.

Q76.Indian EconomyAsked in: CDS · CDS-I 2024, GKMedium

Which of the following statements is/are correct?

1. A price index captures the change in the average price of a constant basket of commodities.

2. If the price index takes values 100, 110 and 121 in three consecutive years respectively, then the inflation rates in the 2nd and 3rd years are 10% and 21% respectively.

Select the correct answer using the code given below.

  1. A.1 only
  2. B.2 only
  3. C.Both 1 and 2
  4. D.Neither 1 nor 2
Show answer
Correct answer: A. 1 only

Statement 1 defines a price index correctly, but statement 2 gets the third year's inflation wrong. A price index such as the Consumer Price Index tracks the cost of a fixed basket of goods and services over time, compared with a base year whose value is set at 100.

Q77.Indian EconomyAsked in: CDS · CDS-I 2024, GKHard

Which of the following statements is/are correct?

1. GDP deflator captures the average price of an unchanging basket of commodities that constitutes the GDP of the country.

2. GDP deflator can be used to measure the real GDP of the economy but not the inflation rate.

Select the correct answer using the code given below.

  1. A.1 only
  2. B.2 only
  3. C.Both 1 and 2
  4. D.Neither 1 nor 2
Show answer
Correct answer: D. Neither 1 nor 2

Both statements misdescribe the GDP deflator. The deflator is the ratio of nominal GDP to real GDP, multiplied by 100.

Q79.EconomyHard

Who has been appointed the official Fund Manager for the Maritime Investment Fund component of the Maritime Development Fund?

  1. A.SBI Ventures Limited
  2. B.SMFCL itself
  3. C.The Securities and Exchange Board of India
  4. D.The Reserve Bank of India
Show answer
Correct answer: A. SBI Ventures Limited

The correct answer is SBI Ventures Limited, which has been appointed the official Fund Manager for the Maritime Investment Fund component and brings professional management to the fund.