SBI GK Questions 2026

The nine pillars are Broadband Highways, Universal Access to Mobile Connectivity, the Public Internet Access Programme, e-Governance or reforming government through technology, e-Kranti for the electronic delivery of services, Information for All, Electronics Manufacturing, IT for Jobs, and Early Harvest Programmes.

The correct answer is B, the Ministry of Electronics and Information Technology, shortened to MeitY, which is the nodal ministry for the programme and also for the National e-Governance Division, DigiLocker, UMANG and CERT-In.

Digital India was launched on that day with the tagline Power to Empower, and it is implemented by the Ministry of Electronics and Information Technology; the launch week was observed as Digital India Week.

It is India’s first cyberlaw, and it is the statute that gave legal recognition to electronic records and to digital and electronic signatures, so that a contract concluded online is as enforceable as one written on paper and a department may accept a filing or issue a licence electronically.

The Payment and Settlement Systems Act, 2007 makes the Reserve Bank the designated authority for the regulation and supervision of payment systems in India; no person may commence or operate a payment system without its authorisation, and it issues the directions under which card networks, prepaid instruments and the retail…

The National Bank for Agriculture and Rural Development Act was passed in 1981 on the recommendation of the committee to review arrangements for institutional credit for agriculture and rural development, and NABARD itself was established on 12 July 1982 as the apex body for rural credit, refinancing cooperative banks and…

Section 35A lets the Reserve Bank give directions to banking companies, generally or to a particular bank, where it is satisfied that this is necessary in the public interest, in the interest of banking policy, to prevent the affairs of a bank being conducted in a manner detrimental to depositors…

The Act allows a certified copy of an entry in a banker's book to be received in a legal proceeding as prima facie proof of that entry, so that a bank need not produce its original records and its officers are summoned only in limited circumstances.

Fourteen banks were nationalised on 19 July 1969 by an ordinance; after the Supreme Court struck down the ordinance and the Act that followed it, Parliament enacted the Act of 1970, and a similar Act of 1980 covered the six banks nationalised on 15 April 1980.

The Recovery of Debts Due to Banks and Financial Institutions Act, 1993, passed after the Tiwari Committee recommended a special forum for bank dues, created the Debt Recovery Tribunals and the Debt Recovery Appellate Tribunals to decide applications by banks and financial institutions above a prescribed amount and to issue…

Its full name is the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, and Section 13 lets a secured creditor issue a demand notice under sub-section (2) giving the borrower sixty days to pay and, on default, take possession of the secured asset under sub-section (4)…

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.

SIDBI was set up in 1990 as the principal financial institution for the promotion, financing and development of micro, small and medium enterprises, and it works mainly by refinancing banks and other lenders rather than by lending directly to every unit.

The Act provides that a buyer shall pay on or before the date agreed in writing and that in no case may the period exceed forty five days from the day the goods were delivered or the service rendered and accepted.

The employment generation programme gives a bank loan with a government margin money subsidy to help a person set up a micro enterprise, and the Commission, set up in 1957 under the Ministry of MSME, is the national nodal agency, working through state boards and district industries centres.

After the New Industrial Policy of 1991 licensing was abolished for almost all industries, and only a short list was kept under licence for reasons of security, health and social policy: defence equipment and aerospace, industrial explosives, specified hazardous chemicals, tobacco products such as cigarettes, and the distillation of alcoholic…