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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

Q1181.Banking & Financial AwarenessMedium

Regional Rural Banks in India were given statutory form by which Act?

  1. A.Banking Regulation Act, 1949
  2. B.Regional Rural Banks Act, 1976
  3. C.NABARD Act, 1981
  4. D.Cooperative Societies Act, 1912
Show answer
Correct answer: B. Regional Rural Banks Act, 1976

The first five Regional Rural Banks were created on 2 October 1975 by an Ordinance, and that Ordinance was replaced the next year by the Regional Rural Banks Act, 1976, which fixes their objects, capital and shareholding.

Q1182.Banking & Financial AwarenessAsked in: SSC CHSL · 19 March 2020, Shift 2Easy

The National Bank for Agriculture and Rural Development (NABARD) was established in:

  1. A.1982
  2. B.1991
  3. C.1987
  4. D.1975
Show answer
Correct answer: A. 1982

The National Bank for Agriculture and Rural Development began work in 1982, set up on the recommendation of the Sivaraman Committee, and it is the apex development bank for agriculture and the rural economy, refinancing and supervising both Regional Rural Banks and cooperative banks.

Q1183.Banking & Financial AwarenessHard

FASTag, used for paying tolls on national highways, works on which technology?

  1. A.Radio frequency identification
  2. B.Global positioning system
  3. C.Near field communication
  4. D.Optical character recognition
Show answer
Correct answer: A. Radio frequency identification

A FASTag is a sticker on the windscreen that a reader at the toll plaza identifies by radio, so the toll is deducted from a linked account and the vehicle need not stop; the system is called National Electronic Toll Collection and is run by the National Payments Corporation of…

Q1184.Banking & Financial AwarenessMedium

The Aadhaar Enabled Payment System allows a customer to withdraw money using which two things?

  1. A.A cheque and a signature
  2. B.The Aadhaar number and a fingerprint
  3. C.A debit card and a PIN
  4. D.A passbook and an identity card
Show answer
Correct answer: B. The Aadhaar number and a fingerprint

The system, run by the National Payments Corporation of India, lets a customer withdraw cash, deposit money or check a balance at a banking correspondent's micro ATM by giving the Aadhaar number, the name of the bank and a biometric authentication, without a card or a cheque.

Q1185.Banking & Financial AwarenessMedium

What is the minimum amount for a transfer through RTGS?

  1. A.Ten thousand rupees
  2. B.One lakh rupees
  3. C.Two lakh rupees
  4. D.There is no minimum
Show answer
Correct answer: C. Two lakh rupees

Real Time Gross Settlement is meant for large value payments, which are settled one transaction at a time as they are received rather than in batches, and the system sets a floor of two lakh rupees with no upper limit.

Q1186.Banking & Financial AwarenessEasy

Which of the following statements about a debit card is correct?

  1. A.It pays from a credit limit granted by the bank
  2. B.It pays from the money already in the holder's account
  3. C.It can be used only at the ATMs of the issuing bank
  4. D.It is issued only to current account holders
Show answer
Correct answer: B. It pays from the money already in the holder's account

The amount of a debit card payment leaves the account at once, which is the essential difference from a credit card, where the bank pays first from a limit it has granted and bills the holder later with an interest free period.

Q1187.Banking & Financial AwarenessMedium

A white label ATM in India is set up and operated by whom?

  1. A.A public sector bank
  2. B.A non-bank entity authorised by the Reserve Bank
  3. C.The Reserve Bank of India itself
  4. D.A co-operative bank on behalf of its members
Show answer
Correct answer: B. A non-bank entity authorised by the Reserve Bank

Such an operator is authorised under the Payment and Settlement Systems Act of 2007, the machine carries the operator's own brand instead of a bank's, cards of every bank work on it, and the cash is supplied through a sponsor bank.

Q1188.Banking & Financial AwarenessEasy

What does the abbreviation ATM stand for in banking?

  1. A.Automatic Transfer Machine
  2. B.Automated Teller Machine
  3. C.Any Time Money
  4. D.Account Transaction Module
Show answer
Correct answer: B. Automated Teller Machine

The machine does the work of a teller at the counter, giving cash, accepting deposits, printing statements and taking requests, and it works at any hour without a member of the staff.

Q1189.Banking & Financial AwarenessEasy

RuPay, the Indian card payment network, is a product of which organisation?

  1. A.The Reserve Bank of India
  2. B.The National Payments Corporation of India
  3. C.The Securities and Exchange Board of India
  4. D.The Ministry of Finance
Show answer
Correct answer: B. The National Payments Corporation of India

RuPay was launched as an Indian card network so that domestic card payments would be settled within the country instead of through foreign networks, and its cards are issued by banks for savings accounts and under government schemes.

Q1190.Banking & Financial AwarenessMedium

The Unified Payments Interface, or UPI, was developed and is operated by which body?

  1. A.The Reserve Bank of India
  2. B.The National Payments Corporation of India
  3. C.The Indian Banks' Association
  4. D.The State Bank of India
Show answer
Correct answer: B. The National Payments Corporation of India

UPI was launched in 2016 and allows a payment from one bank account to another through a mobile application, using a virtual payment address instead of the account number and a UPI PIN for authentication.

Q1191.Banking & Financial AwarenessAsked in: Delhi · 27 Nov 2020, Shift 3Easy

The YONO (You Only Need One) app is an integrated digital banking platform offered by ______ to enable its users to access a variety of financial services.

  1. A.HDFC
  2. B.Punjab National Bank
  3. C.ICICI
  4. D.State Bank of India
Show answer
Correct answer: D. State Bank of India

YONO, which stands for You Only Need One, was launched by the State Bank of India as a single application for banking, investment, insurance and online shopping, and it also allows cash withdrawal at the bank's machines without a card.

Q1192.Banking & Financial AwarenessAsked in: SSC CHSL · 2 Jul 2019, Shift 2Easy

In December 2016, the National Payments Corporation of India developed a mobile payment app named as __________.

  1. A.NAKUL
  2. B.GANDIV
  3. C.BHIM
  4. D.JANAK
Show answer
Correct answer: C. BHIM

The Bharat Interface for Money application was released in December 2016 by the National Payments Corporation of India so that payments over the Unified Payments Interface, launched earlier that year, could be made from any smartphone with a bank account linked to it.