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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

Q1321.EconomyMedium

Which reform did JCR credit with strengthening the asset quality of India's banking sector?

  1. A.The Insolvency and Bankruptcy Code
  2. B.The Companies Act
  3. C.The Competition Act
  4. D.The Foreign Trade Policy
Show answer
Correct answer: A. The Insolvency and Bankruptcy Code

JCR pointed to three things behind the better asset quality of Indian banks: the establishment of this Code, the capital the Government infused into banks, and stronger supervision by the Reserve Bank of India.

Q1325.EconomyHard

Why did the mining and quarrying sector show real GVA growth of -2.4 per cent but nominal GVA growth of 22.3 per cent?

  1. A.Because mining output rose sharply in volume terms
  2. B.Because mineral prices, especially crude petroleum and natural gas, rose steeply
  3. C.Because the sector was moved out of the GDP series
  4. D.Because coal production was excluded from the estimates
Show answer
Correct answer: B. Because mineral prices, especially crude petroleum and natural gas, rose steeply

Constant-price estimates for mining are built from the Index of Industrial Production, which grew -3.8 per cent in April, -1.4 per cent in May and 1.6 per cent in June, broadly matching real GVA growth of -2.4 per cent.

Q1327.EconomyMedium

Under double deflation, which two items are deflated separately to arrive at real Gross Value Added?

  1. A.Output and intermediate consumption
  2. B.Exports and imports
  3. C.Wages and profits
  4. D.Government spending and private consumption
Show answer
Correct answer: A. Output and intermediate consumption

Double deflation is a production-side technique: gross output is deflated with one price index and intermediate consumption with another, and real Gross Value Added is what remains after subtracting the second from the first.

Q1329.Banking & FinanceHard

Under which ministry is India Post Payments Bank set up?

  1. A.Ministry of Finance
  2. B.Ministry of Communications
  3. C.Ministry of Electronics and Information Technology
  4. D.Ministry of Corporate Affairs
Show answer
Correct answer: B. Ministry of Communications

India Post Payments Bank has been established under the Department of Posts, which sits in that ministry, and the entire equity of the bank is owned by the Government of India.

Q1333.EconomyHard

Which statement about the revised national accounts estimates is correct?

  1. A.The new base year for price and production indices is 2022-23
  2. B.Growth for the three previous years was revised downwards
  3. C.The revision dropped the Output Producer Price Index
  4. D.Real GDP growth for 2025-26 was revised to 7.1 per cent
Show answer
Correct answer: A. The new base year for price and production indices is 2022-23

The annual revised estimates use new price and production indices on that base, including an Output Producer Price Index and a Banking Services Price Index, along with updated administrative data drawn from several sources.

Q1334.EconomyMedium

Which expenditure component of real GDP recorded 11.9 per cent growth in the quarter?

  1. A.Private Final Consumption Expenditure
  2. B.Gross Fixed Capital Formation
  3. C.Government Final Consumption Expenditure
  4. D.Imports of goods and services
Show answer
Correct answer: B. Gross Fixed Capital Formation

It grew 11.9 per cent in the first quarter of 2026-27 against 5.8 per cent in the same quarter of the previous year, and that jump is the sharpest change among the expenditure components listed.