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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

Q1761.EconomyHard

How many semiconductor projects have been approved under the Semicon India programme, and how many commercial units were operational as of September 2026?

  1. A.Ten approved, three operational
  2. B.Twelve approved, five operational
  3. C.Fifteen approved, six operational
  4. D.Twenty approved, eight operational
Show answer
Correct answer: B. Twelve approved, five operational

The backgrounder states that the government has cleared this many semiconductor projects under the Semicon India programme, and that five commercial semiconductor units were already running by September of that year.

Q1762.EconomyEasy

How many exhibitors took part in SEMICON India 2026?

  1. A.More than 400
  2. B.More than 600
  3. C.More than 800
  4. D.More than 1,000
Show answer
Correct answer: B. More than 600

The backgrounder records that the event brought together this many exhibitors, of whom close to three hundred were international companies, and treats that mix as a sign of the global interest now being shown in the country's semiconductor and electronics ecosystem.

Q1763.EconomyMedium

Who moderated the panel discussion 'Industry Associations Advancing India's National Agenda' at SEMICON India 2026?

  1. A.The Chief Executive Officer of NITI Aayog
  2. B.Amitesh Kumar Sinha, CEO of the India Semiconductor Mission
  3. C.The Governor of the Reserve Bank of India
  4. D.The Chairman of ISRO
Show answer
Correct answer: B. Amitesh Kumar Sinha, CEO of the India Semiconductor Mission

The backgrounder names him as the moderator of the session, which brought senior representatives of the leading industry associations together to discuss how deeper cooperation could speed up the country's semiconductor and electronics plans.

Q1769.Banking & FinanceEasy

Bank unions have called strikes in September–October 2026 mainly over which demand that remains pending?

  1. A.Withdrawal of the Performance Linked Incentive scheme
  2. B.Implementation of five-day banking
  3. C.Restoration of the Old Pension Scheme
  4. D.Merger of Regional Rural Banks
Show answer
Correct answer: B. Implementation of five-day banking

The United Forum of Bank Unions and some other unions in public sector banks, supported by Regional Rural Banks, raised two principal demands: a five-day working week for banks and withdrawal of the Performance Linked Incentive scheme.

Q1770.EconomyEasy

Which ministry moved the proposal to raise the EPFO wage ceiling?

  1. A.Ministry of Finance
  2. B.Ministry of Labour and Employment
  3. C.Ministry of Social Justice and Empowerment
  4. D.Ministry of Corporate Affairs
Show answer
Correct answer: B. Ministry of Labour and Employment

The Employees' Provident Fund Organisation works under this ministry, so the proposal to widen compulsory coverage came from it and was then placed before the Union Cabinet.

Q1771.EconomyMedium

From which date does the revised EPFO wage ceiling take effect?

  1. A.1 October 2026
  2. B.17 September 2026
  3. C.1 April 2027
  4. D.16 September 2026
Show answer
Correct answer: B. 17 September 2026

Dr Mansukh Mandaviya, the Union Minister of Labour and Employment and also of Youth Affairs and Sports, told a press briefing that the higher ceiling would come into force on that day, which is observed as Vishwakarma Jayanti and as Sewa Divas.

Q1773.Banking & FinanceHard

What MDR applies to UPI transactions above 2,000 rupees in essential and thin-margin sectors such as railways, telecom and insurance?

  1. A.A flat charge of 5 rupees per transaction
  2. B.0.4 per cent of the transaction value
  3. C.0.02 per cent of the transaction value
  4. D.No charge at all
Show answer
Correct answer: A. A flat charge of 5 rupees per transaction

The release explains the reasoning: a fixed amount gives cost certainty to critical public services and to businesses that work on narrow margins, which a percentage charge would not.

Q1774.Banking & FinanceMedium

Under which law has the new UPI framework been introduced?

  1. A.Banking Regulation Act, 1949
  2. B.Payment and Settlement Systems Act, 2007
  3. C.Consumer Protection Act, 2019
  4. D.Information Technology Act, 2000
Show answer
Correct answer: B. Payment and Settlement Systems Act, 2007

The framework was brought in after detailed deliberations by the UPI Steering Committee on the rates, the operational arrangements and the safeguards for consumers.

Q1776.EconomyHard

What is the weight of the WPI Food Index, and what inflation did it record in August 2026?

  1. A.Weight 24.99 per cent, inflation 7.05 per cent
  2. B.Weight 22.93 per cent, inflation 6.65 per cent
  3. C.Weight 24.99 per cent, inflation 9.92 per cent
  4. D.Weight 18.50 per cent, inflation 7.05 per cent
Show answer
Correct answer: A. Weight 24.99 per cent, inflation 7.05 per cent

The WPI Food Index is not a major group on its own; it is built by taking Food Articles out of the Primary Articles group and the manufacture of food products out of the Manufactured Products group, and putting them together.

Q1779.Banking & FinanceHard

Under the new Act, what must a court do before summoning a bank official when the bank is not a party to the case?

  1. A.Obtain the approval of the Reserve Bank of India
  2. B.Record a special cause in writing
  3. C.Give the bank a notice of thirty days
  4. D.Refer the matter to the Ministry of Finance
Show answer
Correct answer: B. Record a special cause in writing

The release says the Act brings greater clarity on the summoning of bank officials in proceedings where the bank is not itself a party, and that a special cause has to be recorded in writing by the court before such a summons is issued.