RBI GK Questions 2026

Inserted into the Negotiable Instruments Act by the amendment of 1988, it makes the drawer of a cheque that is returned unpaid for insufficiency of funds, or because it exceeds the arrangement, punishable with imprisonment or fine, provided the payee gives notice of demand within the prescribed time and the…

It requires every banking company to maintain in India, in cash, gold or unencumbered approved securities, assets of a value not less than the prescribed percentage of its demand and time liabilities, and that percentage is the Statutory Liquidity Ratio.

It defines banking as accepting, for the purpose of lending or investment, deposits of money from the public, repayable on demand or otherwise, and withdrawable by cheque, draft, order or otherwise.

The Act was passed in 1949 as the Banking Companies Act and came into force on 16 March 1949; when its scope was extended to cooperative banks, it was renamed the Banking Regulation Act, 1949 with effect from 1 March 1966, the year being retained in the title.

Section 22 of that Act gives the Reserve Bank the sole right to issue bank notes in India, and the Bank has done so since it began operations on 1 April 1935.

Stagflation is the awkward state in which prices keep rising while output stagnates and unemployment stays high, so the usual trade-off between inflation and unemployment breaks down.

That protection is why unit-level data from this survey are never released and why care is taken that published results cannot identify the firm that supplied a figure.

In the second round of the survey it took slightly more than half of the provisional aggregate capital expenditure for that year, a share of 50.17 per cent, worth Rs 5,73,900 crore, which is far ahead of every other activity category.

The correct answer is the National Statistics Office, which works under the Ministry of Statistics and Programme Implementation and is running this round as CAPEX 2026, its third such exercise, between October and December.

Average retail sugar prices have come down by this much from the peak they touched in August, and a further easing is expected as cheaper mill prices pass down the supply chain.

These were kept outside the general ceiling and given a limit twice as large, because Kolkata draws sugar from Uttar Pradesh, Maharashtra and Karnataka and forwards it to eastern India including the North-East, while the higher figure for Assam reflects the geography of the region, the logistics of moving goods…

Under the revised norms a dealer may not hold more than this quantity at any time or at any place in the country, and the rule runs from 15 October 2026 to 30 November 2026.

The inaugural session will examine how economic policy can build resilience without giving up growth, openness or the credibility of institutions.

The Institute was founded by Professor V.K.R.V. Rao in 1952; N. K. Singh is President of its Board of Trustees, Dr Michael Debabrata Patra is Chairman of its Board of Governors and Professor Sabyasachi Kar is its Director.

The correct answer is Resilience in an Age of Flux, the theme announced by the Ministry of Finance for the fifth edition of the Conclave, to be held in New Delhi from 3 to 5 October 2026.

A Regional Rural Bank must lend seventy five per cent of its total outstanding advances to the priority sector, a far higher share than other banks carry, because these banks exist to serve small and marginal farmers, agricultural labourers, artisans and small entrepreneurs.

The Ninety seventh Constitutional Amendment Act of 2011 inserted Article 43B in the Directive Principles, asking the State to promote the voluntary formation, autonomous functioning, democratic control and professional management of cooperative societies.

It ended the loose half of the old dual control by placing all urban cooperative banks and multi state cooperative banks squarely under the supervision of the Reserve Bank, giving the Bank powers over their boards, their capital raising and their amalgamation, after a series of failures had hurt depositors.

The correct answer is B, Anyonya Cooperative Bank of Vadodara in Gujarat, begun in 1889 as a mutual aid society among government servants and generally counted as the first urban cooperative bank in India, older even than the Cooperative Credit Societies Act of 1904.

In the short term cooperative credit structure the base is the Primary Agricultural Credit Society in the village, above it stands the District Central Cooperative Bank and at the apex of the state stands the State Cooperative Bank.