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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

Q881.State NewsMedium

Which body conducted the first-ever auction of mineral blocks in the Union Territory of Jammu & Kashmir?

  1. A.Ministry of Mines, Government of India
  2. B.Geological Survey of India
  3. C.NITI Aayog
  4. D.Indian Bureau of Mines
Show answer
Correct answer: A. Ministry of Mines, Government of India

The Government of Jammu & Kashmir entrusted the auction of its mineral blocks to the Ministry of Mines, which carried out the process under the Central Government mineral auction route and announced the successful result.

Q885.Banking & Financial AwarenessHard

Payments banks and small finance banks are licensed under which provision of law?

  1. A.Section 22 of the Banking Regulation Act, 1949
  2. B.Section 45 of the Reserve Bank of India Act, 1934
  3. C.The Companies Act, 2013 alone
  4. D.The Payment and Settlement Systems Act, 2007
Show answer
Correct answer: A. Section 22 of the Banking Regulation Act, 1949

That section is the provision under which the Reserve Bank grants a licence to carry on banking business in India, and both differentiated categories are licensed under it; once the Reserve Bank is satisfied, they are also included in the second schedule of the Reserve Bank of India Act of…

Q886.Banking & Financial AwarenessMedium

Which bank, wholly owned by the Government of India and working through the Department of Posts, was launched on 1 September 2018?

  1. A.Airtel Payments Bank
  2. B.Fino Payments Bank
  3. C.India Post Payments Bank
  4. D.Capital Small Finance Bank
Show answer
Correct answer: C. India Post Payments Bank

It was launched on the first of September 2018, is wholly owned by the Government of India and operates under the Department of Posts, using the post office network and postal staff to reach customers, which makes it the payments bank with the widest physical reach in the country.

Q887.Banking & Financial AwarenessMedium

The creation of payments banks and small finance banks in India followed the recommendations of which committee?

  1. A.Narasimham Committee
  2. B.Nachiket Mor Committee
  3. C.Raghuram Rajan Committee
  4. D.Urjit Patel Committee
Show answer
Correct answer: B. Nachiket Mor Committee

The Reserve Bank set up the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households under Nachiket Mor in September 2013, and its report recommended differentiated bank licences, including payments banks, as a faster route to financial inclusion than waiting for full service banks to expand.

Q888.Banking & Financial AwarenessMedium

A small finance bank must open at least what proportion of its banking outlets in unbanked rural centres?

  1. A.10 per cent
  2. B.25 per cent
  3. C.50 per cent
  4. D.75 per cent
Show answer
Correct answer: B. 25 per cent

At least a quarter of the banking outlets of a small finance bank must be in unbanked rural centres, which the guidelines define as centres with a population of up to 9,999 according to the latest census, the same definition used for universal banks; the requirement exists so that a…

Q889.Banking & Financial AwarenessHard

At least 50 per cent of a small finance bank's loan portfolio must consist of loans and advances of up to which amount?

  1. A.10 lakh rupees
  2. B.25 lakh rupees
  3. C.50 lakh rupees
  4. D.1 crore rupees
Show answer
Correct answer: B. 25 lakh rupees

The guidelines require that at least half of a small finance bank's loan portfolio be made up of loans and advances of up to twenty five lakh rupees each, and the purpose is to keep the bank lending small even as it grows, so that it does not drift towards…

Q890.Banking & Financial AwarenessMedium

What share of its adjusted net bank credit must a small finance bank lend to the priority sector?

  1. A.40 per cent
  2. B.60 per cent
  3. C.75 per cent
  4. D.50 per cent
Show answer
Correct answer: C. 75 per cent

A small finance bank exists to serve small borrowers, and the guidelines enforce that purpose by requiring seventy five per cent of its adjusted net bank credit to go to the sectors eligible as priority sector lending, which include agriculture, micro and small enterprises, education, housing and weaker sections.

Q891.Banking & Financial AwarenessMedium

A payments bank must invest at least what proportion of its demand deposit balances in government securities and treasury bills of up to one year maturity?

  1. A.40 per cent
  2. B.50 per cent
  3. C.75 per cent
  4. D.100 per cent
Show answer
Correct answer: C. 75 per cent

Since a payments bank cannot lend, the guidelines direct where its deposits must go: at least seventy five per cent of demand deposit balances must be invested in government securities and treasury bills eligible for the statutory liquidity ratio, with a maturity of up to one year, and not more…

Q892.Banking & Financial AwarenessEasy

Which of the following activities is a payments bank NOT permitted to undertake?

  1. A.Issuing debit cards
  2. B.Granting loans and issuing credit cards
  3. C.Accepting demand deposits
  4. D.Distributing mutual fund and insurance products
Show answer
Correct answer: B. Granting loans and issuing credit cards

The licence of a payments bank excludes credit altogether: it may not lend to anyone and may not issue credit cards, and this single prohibition is what separates it from every other kind of bank in India.

Q894.Banking & Financial AwarenessMedium

The Reserve Bank of India issued its final guidelines for the licensing of payments banks and small finance banks in which year?

  1. A.2012
  2. B.2014
  3. C.2016
  4. D.2019
Show answer
Correct answer: B. 2014

The Reserve Bank released the final guidelines for licensing both payments banks and small finance banks on the twenty seventh of November 2014, acting on the report of the Nachiket Mor Committee on Comprehensive Financial Services for Small Businesses and Low Income Households.

Q895.Computer AwarenessHard

MeghRaj is the name of which initiative of the Government of India?

  1. A.The national cloud computing initiative
  2. B.A weather forecasting satellite
  3. C.A rural broadband scheme
  4. D.A digital payments platform
Show answer
Correct answer: A. The national cloud computing initiative

MeghRaj is the name given to the Government of India Cloud, usually shortened to GI Cloud, under which government departments obtain their computing and storage from a common set of government managed data centres rather than each building its own.

Q896.Computer AwarenessEasy

Which of the following statements about artificial intelligence, machine learning and deep learning is correct?

  1. A.Deep learning is a subset of machine learning, which is a subset of artificial intelligence
  2. B.Artificial intelligence is a subset of machine learning
  3. C.Machine learning is a subset of deep learning
  4. D.The three terms mean exactly the same thing
Show answer
Correct answer: A. Deep learning is a subset of machine learning, which is a subset of artificial intelligence

The three terms sit one inside the other like circles. Artificial intelligence is the whole field of making machines behave intelligently, and it includes approaches that use no learning at all, such as rule based expert systems and search algorithms.

Q898.Computer AwarenessHard

In a blockchain, what makes it practically impossible to alter a record once it has been added?

  1. A.Each block stores the cryptographic hash of the previous block
  2. B.The data is stored on a single secure server
  3. C.The records are protected by a password
  4. D.Each block is encrypted with the user's fingerprint
Show answer
Correct answer: A. Each block stores the cryptographic hash of the previous block

Entries on a blockchain are grouped into blocks, and every block carries the cryptographic hash, a short fixed length fingerprint, of the block immediately before it.

Q899.Computer AwarenessEasy

What is the full form of RFID, a technology widely used in the Internet of Things?

  1. A.Radio Frequency Identification
  2. B.Remote Field Input Device
  3. C.Rapid File Indexing Directory
  4. D.Real Frequency Internet Data
Show answer
Correct answer: A. Radio Frequency Identification

An RFID system has a tag carrying a tiny chip and an antenna, and a reader that sends out radio waves; the tag answers with its stored identity, so an object can be recognised without being seen or touched and without a line of sight, unlike a barcode that must…

Q900.Computer AwarenessMedium

The term Internet of Things was coined by ______.

  1. A.Tim Berners-Lee
  2. B.Kevin Ashton
  3. C.Vint Cerf
  4. D.Ray Tomlinson
Show answer
Correct answer: B. Kevin Ashton

The British technologist Kevin Ashton used the phrase Internet of Things in 1999 while working on radio frequency identification tags for tracking goods through a supply chain; his point was that if every object could report its own position and state, the internet would no longer depend on people typing…