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SBI GK Questions 2026

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.

SBI GK Questions with Answers

Q544.Indian EconomyMedium

Foreign direct investment and portfolio investment are recorded in which part of India's balance of payments?

  1. A.Current account
  2. B.Capital account
  3. C.Errors and omissions
  4. D.Revenue account
Show answer
Correct answer: B. Capital account

The correct answer is B, the capital account, more precisely the capital and financial account, which records transactions that change a country's assets and liabilities abroad; investment flows, loans and banking capital all sit here.

Q545.Indian EconomyEasy

The term hot money in the context of foreign investment refers to

  1. A.foreign direct investment in manufacturing
  2. B.short-term portfolio flows that can leave quickly
  3. C.currency printed to meet a fiscal deficit
  4. D.remittances sent home by migrant workers
Show answer
Correct answer: B. short-term portfolio flows that can leave quickly

Hot money is the name given to short-term portfolio capital that chases returns from one market to another and can be withdrawn within days, pushing up share prices and the rupee while it comes in and pulling both down when it goes.

Q546.Indian EconomyMedium

Press Note 3 of 2020 requires prior government approval for foreign investment from

  1. A.all members of the Commonwealth
  2. B.countries that share a land border with India
  3. C.countries listed as tax havens
  4. D.all countries outside the WTO
Show answer
Correct answer: B. countries that share a land border with India

An entity of such a country, or an investor who is a citizen of or situated in one, may invest only through the government route whatever the sector, and the rule also covers a transfer of ownership that results in such beneficial ownership.

Q547.Indian EconomyHard

Participatory Notes are issued by

  1. A.the Reserve Bank of India to foreign banks
  2. B.registered foreign portfolio investors to overseas investors
  3. C.Indian companies to their foreign promoters
  4. D.the government to sovereign wealth funds
Show answer
Correct answer: B. registered foreign portfolio investors to overseas investors

Participatory notes are offshore derivative instruments issued by foreign portfolio investors registered with SEBI to clients abroad who want exposure to Indian shares without registering in India themselves; the underlying shares are held by the issuing investor.

Q548.Indian EconomyHard

SEBI merged Foreign Institutional Investors and Qualified Foreign Investors into a single class of Foreign Portfolio Investors in which year?

  1. A.2010
  2. B.2012
  3. C.2014
  4. D.2016
Show answer
Correct answer: C. 2014

The correct answer is C, 2014, when the SEBI Foreign Portfolio Investors Regulations came into force and the three older categories, namely foreign institutional investors, their sub-accounts and qualified foreign investors, were merged into one class registered in risk-based tiers.

Q549.Indian EconomyEasy

In which of the following is Foreign Direct Investment prohibited in India?

  1. A.Insurance
  2. B.Lottery business
  3. C.Telecom services
  4. D.Single brand retail trading
Show answer
Correct answer: B. Lottery business

The FDI policy lists a small set of prohibited activities: the lottery business, gambling and betting including casinos, chit funds, Nidhi companies, trading in transferable development rights, real estate business and the construction of farm houses, the manufacture of cigars, cheroots and cigarettes, and activities closed to private investment such…

Q550.Indian EconomyMedium

Under the automatic route of FDI

  1. A.prior approval of the Reserve Bank of India is needed
  2. B.prior approval of the administrative ministry is needed
  3. C.no prior approval of the government or the RBI is needed
  4. D.investment is capped at twenty-six per cent in every sector
Show answer
Correct answer: C. no prior approval of the government or the RBI is needed

Under the automatic route the foreign investor needs no prior permission from either the government or the Reserve Bank of India; the Indian company simply reports the inflow and the issue of shares to the Reserve Bank within the prescribed time.

Q552.Indian EconomyMedium

The Consolidated FDI Policy of India is issued by

  1. A.the Reserve Bank of India
  2. B.the Securities and Exchange Board of India
  3. C.the Department for Promotion of Industry and Internal Trade
  4. D.the Ministry of Finance
Show answer
Correct answer: C. the Department for Promotion of Industry and Internal Trade

The correct answer is C, the Department for Promotion of Industry and Internal Trade, a department of the Ministry of Commerce and Industry, which was known as the Department of Industrial Policy and Promotion until it was renamed in 2019.

Q554.Indian EconomyEasy

Foreign Direct Investment differs from Foreign Portfolio Investment mainly because FDI

  1. A.is made only by governments
  2. B.gives the investor a lasting interest and a say in management
  3. C.is routed through the current account of the balance of payments
  4. D.can be withdrawn on any trading day
Show answer
Correct answer: B. gives the investor a lasting interest and a say in management

Foreign direct investment is made to acquire a lasting interest in an enterprise abroad, conventionally measured as ten per cent or more of the voting power, and with it comes a say in how the company is run; portfolio investment buys shares and bonds without any such control.

Q555.Summits & ConferencesMedium

Which of these was discussed in a fireside chat at NCCSR 2026 with a Senior Advisor of the National Stock Exchange?

  1. A.Social Stock Exchange
  2. B.Sovereign Green Bonds
  3. C.Municipal Bond Market
  4. D.Alternative Investment Funds
Show answer
Correct answer: A. Social Stock Exchange

The inaugural session was followed by a fireside chat titled ‘Social Stock Exchange: Purpose, Capital and Impact’, featuring Shri Shailesh K. Pathak, Senior Advisor for Policy at the National Stock Exchange, along with Prof. Garima Dadhich of IICA.

Q556.Summits & ConferencesMedium

What was the theme of NCCSR 2026?

  1. A.‘CSR for Sustainable Development Goals’
  2. B.‘Re-envisioning the Spirit of CSR for Viksit Bharat: From Compliance to Commitment’
  3. C.‘Responsible Business for a Self-Reliant India’
  4. D.‘From Boardrooms to Villages: The CSR Journey’
Show answer
Correct answer: B. ‘Re-envisioning the Spirit of CSR for Viksit Bharat: From Compliance to Commitment’

The theme set the direction of both days: speakers were asked to treat CSR as a sustained commitment rather than an annual compliance exercise, and the valedictory session carried the shorter title ‘From Compliance to Commitment’.

Q557.Summits & ConferencesHard

Who inaugurated NCCSR 2026 and released the Comprehensive CSR Framework for Indian Coal Companies?

  1. A.Ajit Seth, former Cabinet Secretary
  2. B.Pallavi Jain Govil, Secretary, Ministry of Corporate Affairs
  3. C.Satish Chandra Dubey, Minister of State for Coal and Mines
  4. D.Gyaneshwar Kumar Singh, Director General and CEO, IICA
Show answer
Correct answer: C. Satish Chandra Dubey, Minister of State for Coal and Mines

He inaugurated the conference, delivered the keynote address and released the Comprehensive CSR Framework for Indian Coal Companies, a document meant to give the coal sector a structured and need-based direction for its CSR spending.

Q558.Summits & ConferencesMedium

Which institute organised the Third National Conference and Exhibition on Corporate Social Responsibility (NCCSR 2026)?

  1. A.Indian Institute of Public Administration
  2. B.Indian Institute of Corporate Affairs
  3. C.National Institute of Financial Management
  4. D.Institute of Company Secretaries of India
Show answer
Correct answer: B. Indian Institute of Corporate Affairs

NCCSR 2026 was organised by IICA, specifically by its School of Business Environment, under the Ministry of Corporate Affairs, and was held at The Ashok in New Delhi on 6 and 7 October 2026.

Q559.Banking & Financial AwarenessEasy

Which statement about the lead bank of a district is correct?

  1. A.It alone may lend in that district
  2. B.It coordinates the credit planning of all banks in the district
  3. C.It is always the Reserve Bank's regional office
  4. D.It replaces the district cooperative bank
Show answer
Correct answer: B. It coordinates the credit planning of all banks in the district

The lead bank is a coordinator, not a monopolist. It prepares the district credit plan, convenes the district forums through its Lead District Manager, brings banks and government departments to one table, watches for blocks and villages left without banking and reports progress to the state government and the Reserve…

Q560.Banking & Financial AwarenessMedium

The Potential Linked Credit Plan, which forms the base of a district's Annual Credit Plan, is prepared by:

  1. A.NABARD
  2. B.Reserve Bank of India
  3. C.SIDBI
  4. D.The lead bank of the district
Show answer
Correct answer: A. NABARD

The National Bank for Agriculture and Rural Development prepares a Potential Linked Credit Plan for each district, estimating sector by sector how much credit the district can absorb, taking account of its soil, irrigation, cropping pattern, livestock, infrastructure and non-farm activity.