RRB NTPC GK Questions 2026

Both institutions were planned at the Bretton Woods conference of 1944 in the United States and both work from Washington DC, which is why they are called the Bretton Woods twins; the IMF looks after exchange stability and balance of payments while the World Bank lends for development.

The Contingent Reserve Arrangement was agreed at the Fortaleza summit of 2014 as a pool of 100 billion dollars on which a member facing short term pressure on its balance of payments may draw, so that it works for the BRICS group somewhat as the International Monetary Fund does for…

The first presidency of the New Development Bank went to India, and K. V. Kamath, formerly of ICICI Bank, took charge when the bank began work in 2015, the presidency afterwards rotating among the member countries.

The sixth BRICS summit was held at Fortaleza in July 2014, and the agreement establishing the New Development Bank was signed there, along with the treaty for the Contingent Reserve Arrangement.

The New Development Bank works from Shanghai in China, a decision taken when the bank was being set up, in return for which the first regional centre was given to another member.

The bank opened for business in January 2016 at Beijing, after its articles of agreement had been signed and ratified by the founding members.

The AIIB was proposed by China in 2013 and began operations in January 2016 with its headquarters at Beijing, and China holds the largest share in its capital.

The ADB was established in 1966 to lend for development in Asia and the Pacific, and India was one of its founding members, which is a fact papers like to pair with the year.

The Asian Development Bank was established in 1966 and has worked from Manila since then, with field offices in its member countries including India.

The committee was created in 1974 by the central bank governors of the Group of Ten countries, sits at the Bank for International Settlements in Basel, and drafts the standards that national regulators then adopt for their own banks.

The BIS was founded in 1930, which makes it the oldest international financial institution in the world, older than the Bretton Woods institutions by fourteen years.

The Bank for International Settlements was set up in 1930 at Basel in Switzerland and still works from there, which is why the capital standards drafted under its roof are called the Basel norms.

The Paithani takes its name from Paithan on the Godavari, and it is also woven at Yeola in the Nashik district.

The date was chosen because the Swadeshi Movement was launched at the Calcutta Town Hall on 7 August 1905, calling on Indians to use cloth made in their own country, and the first National Handloom Day was observed at Chennai in 2015 to honour handloom weavers.

Kota Doria is woven at Kaithoon and the villages near Kota in Rajasthan, where cotton and silk yarns are alternated to make the small square checks called khat, giving a cloth so light and open that it suits the desert summer.

Phulkari, meaning flower work, is the embroidery of Punjab, in which bright untwisted silk thread is worked in darn stitch from the reverse of a coarse handspun khaddar cloth, so the pattern fills the surface with flowers.

Kalamkari is cloth decorated with vegetable dyes, and it has two schools, both in Andhra Pradesh. At Srikalahasti the work is drawn freehand with a pen like kalam and the subjects are taken from temple mythology, while at Machilipatnam the designs are printed with carved wooden blocks.

Bhoodan Pochampally in the Yadadri Bhuvanagiri district of Telangana weaves the ikat saree known as Pochampally, in which the yarn is tied and dyed to produce geometric diamonds and squares with softly blurred edges.

Chikankari is the hand embroidery of Lucknow in Uttar Pradesh, worked in white untwisted thread on light cloth, with stitches that show the motif as a shadow through the fabric.

In Bandhani the cloth is pinched and tied with thread in thousands of tiny knots before it is dipped in dye, so the tied points resist the colour and appear as white or light dots in patterns of squares, waves and flowers.