SBI GK Questions 2026

At the 10th meeting of the Central Sanctioning and Monitoring Committee, held in New Delhi on 16 October 2026 under the chairmanship of Urban Development Secretary Satendra Singh, over 1.93 lakh additional houses were cleared under Pradhan Mantri Awas Yojana - Urban 2.0.

Charles Fourier and Saint-Simon were French thinkers of the early nineteenth century who, with Robert Owen in Britain, argued that competition should be replaced by cooperative and planned communities in which property is held in common.

Consumer sovereignty means that the spending of consumers decides what is produced: a producer who makes what buyers do not want earns no profit and leaves the business, so in a market economy the consumer is said to rule.

It is called a command economy because a central planning authority, and not the market, commands how resources are used: it fixes the targets of output, allots raw materials to factories and often fixes prices and wages as well.

A severe balance of payments crisis, with foreign exchange reserves down to a few weeks of imports, forced the government to announce the New Economic Policy in July 1991.

It inserted the words socialist, secular and integrity into the Preamble, so the description of India became a sovereign socialist secular democratic republic.

The Industrial Policy Resolution of 1956 followed the Congress session at Avadi that called for a socialistic pattern of society, and it gave the public sector the commanding role.

Because resources are scarce and wants are unlimited, every economy must answer three questions, and these are called its central problems: what goods and in what quantity to produce, how to produce them, that is by which technique and combination of labour and capital, and for whom to produce, that…

Marx published the first volume of Das Kapital in 1867; it analysed capital, surplus value and the exploitation of labour and became the basic text of what is called scientific socialism.

In such an economy the state owns and runs the industries that need very large capital or serve strategic and social purposes, regulates the rest by law, and leaves ordinary production to private enterprise, while keeping responsibility for welfare and employment.

The Scottish economist published the Wealth of Nations in 1776 and is called the father of economics; he argued that if each person pursues his own interest in a free market, an invisible hand guides the outcome to the good of society, which became the classic defence of capitalism and…

In a capitalist or market economy the means of production are privately owned and nobody issues orders about production.

CBLO was a short-term borrowing and lending instrument backed by government securities, which places it in the money market. The money market deals in funds lent for short periods, from overnight up to one year, through instruments such as call money, treasury bills, commercial paper, certificates of deposit and repos.

BHIM can send money to anyone who has a UPI-linked bank account, but a chip-and-PIN debit card does not use four factors of authentication.

The correct answer is 476.20 billion dollars, the estimate for merchandise and services exports together over the first six months of the financial year, a growth of 13.84 per cent.

This was the steepest rise among the major commodity groups and made electronics the single biggest driver of merchandise export growth.

The correct answer is 80.75 billion dollars, the estimate for merchandise and services exports taken together in the month, which works out to growth of 10.99 per cent over the same month of the previous year.

The correct answer is Port Blair to Havelock, the coastal stretch covered in the island drive test alongside a city drive in South Andaman district, ten hotspot locations and a walk test.

During an Independent Drive Test the regulator captures coverage gap, which is the share of samples with signal strength below the prescribed minimum for the technology in use, and for voice it records Call Setup Success Rate, Drop Call Rate, call setup time, call silence rate and speech quality on…

The correct answer is RJIL, which averaged 297.95 Mbps on its 5G and 4G networks in parts of Kolkata city and the Howrah and Hooghly districts.