The static part of the awareness test in SBI exams is banking and economy knowledge, which is why the PO Mains test is named General Awareness/ Economy/ Banking Knowledge and the Clerk Mains test General/ Financial Awareness. The sample questions in the Bank's booklet ask which institution introduced Know Your Customer norms, which sector drives State incomes, who led Operation Flood and what monetary policy is concerned with, and the real papers follow that line. The topics that recur are the RBI and its functions, monetary policy tools such as the repo rate, CRR and SLR, types of banks and accounts, NPAs, priority sector lending, KYC and anti-money-laundering rules, payment systems like UPI, NEFT and RTGS, banking terms and abbreviations, financial regulators such as SEBI, IRDAI and PFRDA, development institutions such as NABARD and SIDBI, the Union Budget and the Economic Survey, GDP, inflation and national income, and government schemes for financial inclusion, insurance and pensions. A few questions ask plain static GK: headquarters and heads, currencies and capitals, and dates in banking history. This page holds GK24's topic-wise GK notes for banking exams, written as short facts and tables so that a topic can be revised in one sitting. Read a topic, then solve its quiz and the SBI previous-year questions on this site to see what you retained.
What were India estimated cumulative exports during April to September of 2026-27?
This is the estimated cumulative figure for merchandise and services exports taken together during the first six months of the financial year.
Read the full explanation →What is/are the purpose/purposes of the 'Marginal Cost of Funds based Lending Rate (MCLR)' announced by RBI?
1. These guidelines help improve the transparency in the methodology followed by banks for determining the interest rates on advances.
2. These guidelines help ensure availability of bank credit at interest rates which are fair to the borrowers as well as the banks.
Select the correct answer using the code given below.
The RBI brought in MCLR to make banks' loan pricing more transparent and to give borrowers rates that are fair to both sides.
Read the full explanation →Consider the following statements in respect of the digital rupee:
1. It is a sovereign currency issued by the Reserve Bank of India (RBI) in alignment with its monetary policy.
2. It appears as a liability on the RBI's balance sheet.
3. It is insured against inflation by its very design.
4. It is freely convertible against commercial bank money and cash.
Which of the statements given above are correct?
The digital rupee is RBI-issued sovereign money, sits as a liability of the RBI like notes do, and can be exchanged one-to-one for cash and bank deposits.
Read the full explanation →Which Union Budget speech said the Government would consider reducing its stake in IDBI Bank to below 50 per cent?
In paragraph 93 of that speech the then Finance Minister Arun Jaitley said public sector banks had to be strong and competitive, that the Bank Board Bureau would be made operational in that year, that a roadmap for consolidating public sector banks would be spelt out, that the transformation of…
Read the full explanation →Which legal doctrine did the court hold wholly inapplicable while rejecting the challenge to the dilution of the Government's stake in IDBI?
Those challenging the decision argued that assurances given in Parliament amounted to a promise binding on the Government.
Read the full explanation →Which court decided All India IDBI Officers' Association versus Union of India and Others, dismissing the challenge to dilution of the Government's stake?
According to the clarification, the association of IDBI officers took the shareholding question to the Delhi High Court, which decided the case on 17 December 2018 and dismissed the writ petition.
Read the full explanation →During the parliamentary debate on which law was an amendment moved to restrict dilution of the Government's shareholding in IDBI?
The Finance Ministry's clarification records that while the Union Budget of 2003 was being discussed and Parliament was debating this repeal legislation, an amendment was moved that sought to limit any reduction of the Government's holding in IDBI.
Read the full explanation →The emblem of the Make in India initiative is a striding lion made of
The logo of Make in India is a lion in mid-stride, drawn out of cogwheels or gears, the gears standing for manufacturing and industry and the lion for courage and strength; it is derived from the Ashoka emblem in spirit and was unveiled with the programme in September 2014.
Read the full explanation →Which section of the Income Tax Act provides a tax deduction of profits to eligible startups for three consecutive years out of the first ten years?
It allows an eligible startup, recognised for the purpose and incorporated within the prescribed window, a deduction of one hundred per cent of the profits and gains from its business for three consecutive assessment years out of its first ten years, subject to conditions, and it must be claimed with…
Read the full explanation →The first Production Linked Incentive scheme, notified in 2020, was for which sector?
The first PLI scheme was notified in 2020 for large-scale electronics manufacturing, with mobile phones and specified electronic components as its targets, and it was followed by schemes for pharmaceutical ingredients and medical devices in the same year.
Read the full explanation →The incentive under the Production Linked Incentive scheme is calculated on
This output-linked design is what distinguishes the PLI scheme from older industrial subsidies: a selected manufacturer receives an incentive, usually a percentage of the additional sales of eligible goods made in India, for a fixed number of years, so the payment follows production and sales actually achieved.
Read the full explanation →The Fund of Funds for Startups, set up with a corpus of Rs 10,000 crore, is operated by which institution?
The Fund of Funds for Startups was created in 2016 with a corpus of ten thousand crore rupees and is operated by SIDBI, which does not invest directly in startups but puts money into alternative investment funds registered with the Securities and Exchange Board of India, and those funds in…
Read the full explanation →According to the definition used for recognition under Startup India, an entity may be treated as a startup for a period of up to
Under the definition notified for recognition by DPIIT, an entity qualifies as a startup for up to ten years from the date of its incorporation or registration, provided its turnover has not exceeded one hundred crore rupees in any financial year, it works towards innovation, development or improvement of products…
Read the full explanation →The Startup India Action Plan was launched on 16 January 2016. That date is now observed every year as
The government declared that 16 January, the day on which the Startup India Action Plan was released in 2016, would be celebrated as National Startup Day, and the National Startup Awards are associated with the same programme.
Read the full explanation →Under the Make in India programme, the share of manufacturing in India's gross domestic product was targeted to be raised to
The target declared for Make in India was to raise the share of manufacturing in gross domestic product to twenty-five per cent along with the creation of a large number of jobs; the deadline, first set for 2022, was later extended.
Read the full explanation →Make in India and Startup India are both implemented by which department?
The correct answer is B, the Department for Promotion of Industry and Internal Trade, known as DPIIT, which works under the Ministry of Commerce and Industry and is the nodal department for both programmes; it also recognises startups and maintains the national single window system.
Read the full explanation →The Make in India initiative was launched in which year?
Make in India was launched on 25 September 2014 as a national programme to make India a global hub of design and manufacturing, and it is implemented by the Department for Promotion of Industry and Internal Trade under the Ministry of Commerce and Industry.
Read the full explanation →With reference to the rule/rules imposed by the Reserve Bank of India while treating foreign banks, consider the following statements : 1. There is no minimum capital requirement for wholly owned banking subsidiaries in India. 2. For wholly owned banking subsidiaries in India, at least 50% of the board members should be Indian nationals. Which of the statements given above is/are correct ?
RBI does set a minimum capital for a foreign bank's wholly owned subsidiary, and it requires at least half the board to be Indian nationals.
Read the full explanation →Under the Interest Subsidy Scheme vertical of PMAY-U 2.0, what is the maximum interest subsidy a family can receive?
The Interest Subsidy Scheme, one of the four verticals of PMAY-U 2.0, gives EWS, LIG and MIG families an interest subsidy of up to Rs 1.80 lakh on housing loans of up to Rs 25 lakh.
Read the full explanation →Which state received the largest number of houses sanctioned at the 10th CSMC meeting of PMAY-U 2.0?
Of the houses cleared at this meeting, Uttar Pradesh received 73,182, the biggest single share among the 11 participating states.
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