SBI GK Questions 2026

Addressing the India-Belgium High-Level Dialogue in Mumbai, the Commerce and Industry Minister said the India-EU Free Trade Agreement brings together 2 billion people, representing a quarter of global GDP, a third of world trade and a market of USD 24 trillion.

The correct answer is that crude steel production grew by 8 per cent to 1.68 MT, against 1.55 MT in the corresponding period last year.

The release records that during August 2026 SAIL further strengthened its financial position by reducing borrowings by this amount from the level of 31.03.2026.

The release states that SAIL achieved double digit year-on-year growth in overall sales volumes in August 2026, with total sales at this level, registering a rise of 13 per cent over the corresponding period last year.

He is quoted in the release saying that the rapid scale-up of banking activity at GIFT-IFSC shows the depth and growing international orientation of India's International Financial Services Centre, and that the centre is serving as an effective bridge between global pools of capital and India's financing needs.

Indian banks raised that amount through bond listings on IFSC exchanges over the five months from April to August 2026.

The release describes IFSCA as the unified regulatory authority set up by the Government of India under an Act of Parliament for the development and regulation of financial products, financial services and financial institutions in India's International Financial Services Centres.

That is the figure twenty IFSC Banking Units had sanctioned under the Reserve Bank's special swap facility for FCNR(B) deposits as on 31 August 2026, and about USD 52.82 billion of it had already been disbursed.

JCR pointed to three things behind the better asset quality of Indian banks: the establishment of this Code, the capital the Government infused into banks, and stronger supervision by the Reserve Bank of India.

It is a multilateral development bank that lends to its member countries; it is not a credit rating agency and assigns no sovereign ratings, so it cannot appear in this list.

JCR noted that the Centre's fiscal deficit came down from 4.7 per cent in FY25 to 4.4 per cent in FY26, and that this happened while capital spending was kept high, with infrastructure investment given particular weight.

The agency moved both the long-term foreign currency issuer rating and the long-term local currency issuer rating up by exactly one notch, from BBB+ to A-, and kept the outlook at stable.

India Post Payments Bank has been established under the Department of Posts, which sits in that ministry, and the entire equity of the bank is owned by the Government of India.

The release gives this as the pan-India customer base as on 31 March 2026, and adds two shares worth remembering: 77 per cent of these customers are in rural areas and 49 per cent are women.

The release describes it as a launch for merchants, designed to simplify and strengthen the acceptance of everyday digital payments at their end.

The arithmetic is easy to hold if the launch date is remembered: India Post Payments Bank was launched on 1 September 2018, so the same date in 2026 completes nine years of working.