Banking Exam GK and Current Affairs — Top 200 Practice Questions for Nepal Banks

Why GK Matters in Banking Exams

If you have ever analyzed the mark distribution of any Nepal banking exam, you will notice that General Knowledge and Current Affairs consistently accounts for 25-40% of the total written exam marks. This is not a coincidence. Banking institutions want employees who understand the financial landscape, follow policy developments, and possess broad awareness of national and global affairs.

The beauty of GK as a section lies in its predictability. Unlike English comprehension or mathematical reasoning, where question patterns can shift dramatically, banking exam GK questions Nepal tend to revolve around a well-defined set of topics: the structure of Nepal’s banking system, Nepal Rastra Bank regulations, key economic indicators, international financial institutions, Nepal’s geography and constitutional history, and recent current affairs. If you cover these six pillars thoroughly, you can confidently answer 80-90% of GK questions in any banking exam.

Consider the competitive mathematics. In a typical banking exam where 500 candidates compete for 10 positions, the difference between selection and rejection often comes down to 3-5 marks. GK is the section where you can gain those decisive marks with relatively less effort compared to other sections. A candidate who dedicates 30 days of focused GK preparation can gain 15-20 additional marks — that is the difference between ranking 50th and ranking in the top 10.

Furthermore, banking loksewa current affairs questions carry no negative marking in most Nepal banking exams, which means every educated guess has positive expected value. This guide provides you with 200 practice questions that mirror the exact difficulty level and topic distribution of real banking exams. Let us begin with the most heavily tested category: Nepal’s banking system.

Nepal’s Banking System — 50 Questions

Nepal’s banking and financial system forms the backbone of GK questions in every banking exam. From the history of the first bank established in Nepal to the current classification of banks and financial institutions, this section tests your understanding of the country’s financial architecture. These 50 banking exam GK questions Nepal cover everything you need to know.

1. Which is the oldest bank in Nepal?
   Nepal Bank Limited, established in 1937 AD (1994 BS)
2. When was Nepal Rastra Bank established?
   2013 BS (1956 AD), under the Nepal Rastra Bank Act 2012
3. Which was the first commercial bank established in the private sector in Nepal?
   Nabil Bank Limited (formerly Nepal Arab Bank Limited), established in 1984 AD
4. How many classes of banks and financial institutions exist under the current BAFIA framework?
   Four classes — A (Commercial Banks), B (Development Banks), C (Finance Companies), D (Microfinance Institutions)
5. What is the minimum paid-up capital requirement for a Class A commercial bank in Nepal?
   Rs. 8 billion (as per NRB directives)
6. What does BAFIA stand for?
   Bank and Financial Institution Act
7. Which act governs Nepal Rastra Bank?
   Nepal Rastra Bank Act, 2058 (2002 AD)
8. What is the current number of commercial banks (Class A) operating in Nepal?
   20 commercial banks
9. Which government-owned commercial bank was established second in Nepal?
   National Commercial Bank, established in 2022 BS (1966 AD)
10. What is the deposit insurance amount guaranteed per depositor in Nepal?
    Rs. 5 lakh per depositor per institution
11. Which institution provides deposit insurance in Nepal?
    Deposit and Credit Guarantee Fund (DCGF)
12. What is the full form of KYC in banking?
    Know Your Customer
13. What is the Cash Reserve Ratio (CRR) maintained by commercial banks with NRB?
    3% of total domestic deposit liabilities (subject to periodic revision by NRB)
14. What is the Statutory Liquidity Ratio (SLR) for commercial banks in Nepal?
    10% (as per recent NRB monetary policy)
15. What is a Non-Performing Loan (NPL)?
    A loan where the borrower has not made scheduled payments for 90 days or more
16. What are the four loan classification categories used in Nepal?
    Pass (Good), Substandard, Doubtful, and Loss
17. What is the provisioning requirement for a “Pass” category loan?
    1% of the outstanding loan amount
18. What is the provisioning requirement for a “Loss” category loan?
    100% of the outstanding loan amount
19. What does NPA stand for in banking?
    Non-Performing Assets
20. Which system enables electronic fund transfers between banks in Nepal?
    Nepal Clearing House Limited (NCHL) through connectIPS and NCHL-ECC
21. What is the full form of SWIFT?
    Society for Worldwide Interbank Financial Telecommunication
22. What is a priority sector lending requirement in Nepal?
    Banks must lend a specified percentage of their total credit to agriculture, energy, and other priority sectors as directed by NRB
23. What percentage of total credit must commercial banks lend to the agriculture sector?
    10% (as per NRB directives, subject to revision)
24. What is the maximum single borrower limit for commercial banks in Nepal?
    25% of core capital for fund-based lending
25. What does LIBOR stand for?
    London Interbank Offered Rate
26. What is the base rate in banking?
    The minimum lending rate below which a bank is not permitted to lend, calculated based on cost of funds and operating expenses
27. What is the spread rate in banking?
    The difference between the average lending rate and the average deposit rate of a bank
28. Which technology enables mobile banking in Nepal?
    USSD (Unstructured Supplementary Service Data) and mobile applications over internet
29. What is core banking solution (CBS)?
    A centralized system that allows bank customers to operate their accounts from any branch, enabling real-time transaction processing
30. What is the role of the Credit Information Bureau in Nepal?
    To collect and maintain credit information of borrowers and provide credit reports to member banks and financial institutions (operated by Credit Information Centre Ltd — CICL)
31. What is a merchant bank?
    A financial institution that provides capital to companies through share ownership rather than loans, and offers advisory services on corporate matters including mergers
32. What is the difference between a scheduled and non-scheduled bank?
    Scheduled banks are listed in the schedule of the central bank and must maintain CRR with NRB; non-scheduled banks are not required to maintain CRR with NRB
33. What is financial inclusion?
    The process of ensuring access to appropriate financial products and services needed by all sections of society, especially vulnerable and low-income groups, at an affordable cost
34. What is the role of Nepal Securities Board (SEBON)?
    To regulate and manage the securities market in Nepal, protect investor interests, and ensure orderly development of the capital market
35. Where is the Nepal Stock Exchange (NEPSE) located?
    Singha Durbar, Kathmandu
36. What is a debenture?
    A type of debt instrument issued by a company that is not secured by physical assets or collateral, backed only by the general creditworthiness of the issuer
37. What does ATM stand for?
    Automated Teller Machine
38. What is branchless banking?
    Delivery of financial services outside conventional bank branches using agents and technology, aimed at reaching unbanked populations
39. What is a Letter of Credit (LC)?
    A document issued by a bank guaranteeing that a seller will receive payment from the buyer, provided the seller meets specified terms and conditions
40. What is the difference between a fixed deposit and a recurring deposit?
    A fixed deposit involves a one-time lump sum deposited for a fixed period, while a recurring deposit involves depositing a fixed amount at regular intervals over a set period
41. What is the current capital adequacy ratio requirement for commercial banks in Nepal?
    11% (minimum total capital to risk-weighted assets ratio, as per NRB)
42. What is the Tier 1 capital adequacy requirement?
    7% of risk-weighted assets for commercial banks
43. What is the Basel framework?
    An international regulatory framework for banks, developed by the Basel Committee on Banking Supervision, establishing minimum capital requirements, supervisory review, and market discipline standards
44. Which Basel accord is Nepal currently implementing?
    Basel III (with gradual adoption of its key provisions)
45. What is anti-money laundering (AML)?
    A set of laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income
46. Which act governs anti-money laundering in Nepal?
    Asset (Money) Laundering Prevention Act, 2064 (2008 AD)
47. What is the role of the Financial Information Unit (FIU) in Nepal?
    To receive, analyze, and disseminate financial intelligence related to suspected money laundering and terrorist financing
48. What is interbank lending?
    Short-term lending between banks to manage liquidity, where banks with surplus funds lend to banks with shortfalls, typically on an overnight basis
49. What is a bank guarantee?
    A promise by a bank to cover a financial obligation of a debtor if the debtor fails to fulfill their contractual obligations
50. What is the Deposit and Credit Guarantee Fund (DCGF) in Nepal?
    An institution established to provide deposit insurance protection to depositors and credit guarantee to banks and financial institutions for small and medium enterprise lending

Nepal Rastra Bank — 30 Questions

As the central bank of Nepal, Nepal Rastra Bank (NRB) is the most heavily tested institution in banking exams. Questions about its functions, governors, monetary policy tools, and regulatory framework appear in virtually every banking loksewa current affairs paper. Master these 30 questions and you will be well-prepared for the NRB-specific section. For a comprehensive NRB exam guide, see our Nepal Rastra Bank Exam Preparation Guide.

1. Who was the first Governor of Nepal Rastra Bank?
   Himalaya Shumsher Rana
2. Where is the central office of Nepal Rastra Bank located?
   Baluwatar, Kathmandu
3. What is the primary objective of Nepal Rastra Bank?
   To maintain price stability and balance of payments stability, and to promote financial stability and development of a secure, healthy, and efficient payment system
4. Who appoints the Governor of Nepal Rastra Bank?
   The Government of Nepal (Council of Ministers) on the recommendation of the NRB Board
5. What is the tenure of the NRB Governor?
   5 years (eligible for reappointment for one additional term)
6. How many Deputy Governors does NRB have?
   Two Deputy Governors
7. What are the main monetary policy tools used by NRB?
   Bank rate, CRR, SLR, open market operations, repo and reverse repo, standing liquidity facility, and moral suasion
8. What is the bank rate?
   The rate at which NRB lends to commercial banks and other financial institutions, serving as a benchmark for interest rates in the economy
9. What is a repo rate?
   The rate at which NRB lends short-term money to banks against the collateral of government securities
10. What is a reverse repo rate?
    The rate at which NRB borrows money from commercial banks, used to absorb excess liquidity from the market
11. How often does NRB publish its monetary policy?
    Annually, at the beginning of each fiscal year (Shrawan), with mid-term review in Magh
12. What is open market operation (OMO)?
    The buying and selling of government securities by NRB in the open market to regulate money supply and credit conditions
13. What is the role of NRB in foreign exchange management?
    NRB manages foreign exchange reserves, determines exchange rate policy, regulates foreign exchange transactions, and maintains the fixed exchange rate with the Indian Rupee
14. What is the current fixed exchange rate between Nepali Rupee and Indian Rupee?
    1 Indian Rupee = 1.60 Nepali Rupees (fixed since 1993)
15. Which section of NRB handles banking supervision?
    Bank Supervision Department
16. What is NRB’s role in currency issuance?
    NRB has the sole authority to issue currency notes and coins in Nepal
17. What is the NRB Unified Directives?
    A comprehensive set of regulatory guidelines issued by NRB to all banks and financial institutions covering capital adequacy, loan classification, governance, and risk management
18. What is Prompt Corrective Action (PCA) by NRB?
    A framework that empowers NRB to intervene in the operations of banks whose financial condition deteriorates below prescribed thresholds
19. How many provincial offices does NRB operate?
    Seven provincial offices (one in each province)
20. What is the NRB’s role as banker to the government?
    NRB manages the government’s bank accounts, facilitates government transactions, manages public debt, and acts as financial advisor to the government
21. What is the lender of last resort function?
    NRB’s function of providing emergency lending to banks facing temporary liquidity crises to prevent systemic financial instability
22. What is moral suasion in central banking?
    An informal method where NRB persuades banks to follow certain policies through advice, appeals, and discussions rather than through mandatory regulations
23. What is the NRB Standing Liquidity Facility (SLF)?
    An overnight lending facility provided by NRB to banks against the collateral of government securities to manage day-to-day liquidity needs
24. What is the function of NRB in the payment system?
    NRB oversees, regulates, and facilitates the national payment and settlement system to ensure its safety, efficiency, and accessibility
25. What type of exchange rate system does Nepal follow?
    A dual exchange rate system — fixed (pegged) with India and managed float with other currencies
26. Which body constitutes the NRB Board of Directors?
    The Governor (Chairperson), two Deputy Governors, and four members appointed by the Government of Nepal (total seven members)
27. What is the financial literacy initiative of NRB?
    NRB conducts financial literacy programs, publishes awareness materials, and coordinates with banks to promote financial education among the public
28. What is the macro-prudential policy of NRB?
    Regulatory measures aimed at mitigating systemic risk and ensuring the stability of the overall financial system, including counter-cyclical capital buffers and loan-to-value restrictions
29. What are NRB’s foreign exchange reserves primarily composed of?
    Convertible foreign currencies (mainly USD), Indian Rupees, gold, SDRs (Special Drawing Rights), and IMF reserve position
30. What is the significance of the NRB Annual Report?
    It provides a comprehensive review of the macroeconomic situation, monetary policy implementation, financial sector performance, and NRB’s own activities for the fiscal year

Economic Indicators & Budget — 30 Questions

Understanding Nepal’s economic indicators, fiscal policies, and budget allocations is essential for any banking tayari effort. These questions cover GDP, inflation, trade balance, government revenue, and the annual budget — all topics that regularly appear in banking loksewa current affairs papers.

1. What is Gross Domestic Product (GDP)?
   The total monetary value of all finished goods and services produced within a country’s borders in a specific time period
2. Which sector contributes the most to Nepal’s GDP?
   The services sector (over 50% of GDP), followed by agriculture and industry
3. What is the approximate GDP of Nepal in recent fiscal years?
   Approximately NPR 5.5-6 trillion (roughly USD 42-45 billion at current exchange rates)
4. What is per capita income?
   The average income earned per person in a given area in a specified year, calculated by dividing the national income by the total population
5. What is the approximate per capita income of Nepal?
   Approximately USD 1,400-1,500 (placing Nepal in the low-income developing country category)
6. What is inflation?
   A sustained increase in the general price level of goods and services in an economy over a period of time, reducing the purchasing power of currency
7. Which index measures inflation in Nepal?
   Consumer Price Index (CPI), published by NRB based on data from Nepal Bureau of Statistics
8. What is the typical inflation target range of NRB?
   6-7% (NRB aims to maintain inflation within this range through monetary policy)
9. What is the trade deficit?
   The amount by which a country’s imports of goods and services exceed its exports
10. Does Nepal have a trade surplus or deficit?
    Nepal consistently runs a significant trade deficit, with imports far exceeding exports
11. What is Nepal’s largest source of foreign exchange earnings?
    Remittances from Nepali workers abroad, contributing approximately 25% of GDP
12. What is the balance of payments (BOP)?
    A systematic record of all economic transactions between residents of a country and the rest of the world during a given period
13. What is the fiscal year period in Nepal?
    Mid-July to mid-July (Shrawan to Ashadh in Bikram Sambat calendar)
14. Who presents the annual budget in Nepal?
    The Finance Minister presents the budget in the Federal Parliament
15. When is the annual budget typically presented?
    On Jestha 15 (approximately May 29) each year
16. What are the major components of government revenue in Nepal?
    Tax revenue (customs duty, VAT, income tax, excise duty) and non-tax revenue (fees, fines, dividends, royalties)
17. What is the largest source of tax revenue for the Government of Nepal?
    Value Added Tax (VAT), followed by income tax and customs duty
18. What is the current VAT rate in Nepal?
    13%
19. What is a fiscal deficit?
    The difference between the government’s total expenditure and its total revenue (excluding borrowings), indicating how much the government needs to borrow
20. What is the Human Development Index (HDI)?
    A composite measure of life expectancy, education, and per capita income, published by UNDP, used to rank countries by level of human development
21. What is the Gini coefficient?
    A measure of income or wealth inequality within a population, where 0 represents perfect equality and 1 represents maximum inequality
22. What is the poverty rate measurement in Nepal?
    Nepal uses the national poverty line based on consumption basket methodology; the multidimensional poverty rate is approximately 17-18%
23. What is Foreign Direct Investment (FDI)?
    An investment made by a firm or individual in one country into business interests in another country, involving establishing business operations or acquiring assets
24. Which act governs foreign investment in Nepal?
    Foreign Investment and Technology Transfer Act (FITTA), 2075 (2019 AD)
25. What are Special Drawing Rights (SDR)?
    An international reserve asset created by the IMF, defined as a weighted basket of five currencies (USD, EUR, CNY, JPY, GBP), used to supplement member countries’ official reserves
26. What is the debt-to-GDP ratio?
    The ratio of a country’s public debt to its gross domestic product, indicating the country’s ability to pay back its debt
27. What is a revenue surplus vs. revenue deficit?
    Revenue surplus occurs when total revenue receipts exceed total revenue expenditure; revenue deficit is the opposite — when revenue expenditure exceeds revenue receipts
28. What is the main export product of Nepal?
    Ready-made garments, woolen carpets, pashmina, herbs, and handicrafts are among the leading exports, with India being the largest trading partner
29. What is the primary import of Nepal?
    Petroleum products, followed by vehicles, machinery, gold, and agricultural products
30. What role does the National Planning Commission (NPC) play in economic planning?
    NPC formulates development policies and periodic plans, monitors development activities, and advises the government on economic and social development matters

International Organizations & Economy — 30 Questions

Banking exams in Nepal invariably include questions on international financial institutions, trade organizations, and the global economic framework. This section is particularly important for NRB exams and officer-level positions in commercial banks. Strengthen your banking tayari with these 30 essential questions.

1. When was the International Monetary Fund (IMF) established?
   1944 (at the Bretton Woods Conference); it became operational in 1945
2. Where is the headquarters of the IMF?
   Washington, D.C., United States
3. What is the primary function of the IMF?
   To ensure stability of the international monetary system, provide policy advice, financial assistance, and technical support to member countries
4. When did Nepal become a member of the IMF?
   1961 AD
5. Where is the headquarters of the World Bank?
   Washington, D.C., United States
6. What are the two main institutions of the World Bank Group that provide financing?
   International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA)
7. When was the World Trade Organization (WTO) established?
   January 1, 1995 (replacing GATT)
8. When did Nepal join the WTO?
   April 23, 2004 (147th member)
9. Where is the WTO headquartered?
   Geneva, Switzerland
10. What is the Asian Development Bank (ADB)?
    A regional development bank established in 1966 to promote economic and social development in Asia and the Pacific
11. Where is the ADB headquartered?
    Mandaluyong, Metro Manila, Philippines
12. When did Nepal join the ADB?
    1966 (founding member)
13. What is SAARC?
    South Asian Association for Regional Cooperation, a regional intergovernmental organization of eight South Asian countries, established in 1985
14. Where is the SAARC Secretariat located?
    Kathmandu, Nepal
15. What is BIMSTEC?
    Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation — a regional organization of seven countries around the Bay of Bengal
16. What is the Asian Infrastructure Investment Bank (AIIB)?
    A multilateral development bank headquartered in Beijing, China, established in 2016 to support infrastructure development in Asia
17. What is the New Development Bank (NDB)?
    A multilateral development bank established by BRICS countries in 2014, headquartered in Shanghai, China
18. What is the G20?
    An international forum of the 20 major economies that discusses global economic governance, financial regulation, and policy coordination
19. What is FATF?
    Financial Action Task Force — an intergovernmental organization established to combat money laundering, terrorist financing, and other threats to the global financial system
20. Where is FATF headquartered?
    Paris, France
21. What is the SWIFT system in international banking?
    A global messaging network that enables financial institutions to send and receive information about financial transactions in a secure, standardized, and reliable manner
22. What are Sustainable Development Goals (SDGs)?
    A collection of 17 interlinked global goals set by the United Nations General Assembly in 2015 as a universal call to action to end poverty, protect the planet, and ensure peace and prosperity by 2030
23. What is the Bretton Woods system?
    The international monetary system established in 1944 at Bretton Woods, which created the IMF and World Bank and established a fixed exchange rate system pegged to the US dollar
24. What is Quantitative Easing (QE)?
    A monetary policy where a central bank buys government bonds or other financial assets to inject money into the economy and stimulate growth when conventional monetary policy is ineffective
25. What is the World Economic Forum (WEF)?
    An international organization headquartered in Geneva that hosts an annual meeting in Davos, Switzerland, bringing together global leaders to discuss economic issues
26. What is the UNDP Human Development Report?
    An annual publication by the United Nations Development Programme that ranks countries by Human Development Index and analyzes human development trends globally
27. What is the difference between a developed and developing country?
    Developed countries have high per capita income, advanced infrastructure, and high HDI. Developing countries have lower per capita income, developing infrastructure, and are working toward improving living standards.
28. What is the International Finance Corporation (IFC)?
    A member of the World Bank Group, IFC focuses on private sector investment in developing countries to promote economic development and reduce poverty
29. What is cryptocurrency and what is Nepal’s stance on it?
    Cryptocurrency is digital or virtual currency using cryptography for security. Nepal Rastra Bank has declared cryptocurrency trading and mining illegal in Nepal
30. What is fintech?
    Financial Technology — technology-driven innovation in financial services including digital payments, online banking, peer-to-peer lending, blockchain, and robo-advisory services

Key International Financial Organizations at a Glance

Nepal Geography & History — 30 Questions

Geography and history questions in banking exams test your awareness of Nepal’s physical features, administrative divisions, and historical milestones. These questions frequently appear in the general section alongside current affairs. For a broader GK preparation strategy, refer to our Loksewa GK Preparation Guide.

1. How many provinces does Nepal have under the current federal structure?
   Seven provinces
2. What is the total area of Nepal?
   147,516 square kilometers
3. Which is the highest peak in Nepal and the world?
   Mount Everest (Sagarmatha), at 8,848.86 meters
4. How many districts are there in Nepal?
   77 districts
5. What are the three ecological zones of Nepal from south to north?
   Terai (plains), Pahad (hills), and Himal (mountains)
6. Which is the longest river in Nepal?
   Karnali River (also known as Ghaghara in India)
7. Which is the largest lake in Nepal?
   Rara Lake, located in Mugu district
8. What is the capital city of Nepal?
   Kathmandu
9. When was the current Constitution of Nepal promulgated?
   September 20, 2015 (Ashoj 3, 2072 BS)
10. What type of government system does Nepal have?
    Federal democratic republic with a parliamentary system
11. When was Nepal declared a federal democratic republic?
    May 28, 2008 (Jestha 15, 2065 BS), by the first Constituent Assembly
12. Who was the first President of the Federal Democratic Republic of Nepal?
    Dr. Ram Baran Yadav
13. When was Prithvi Narayan Shah born?
    January 11, 1723 AD (Poush 27, 1779 BS), in Gorkha
14. What was Prithvi Narayan Shah’s major accomplishment?
    Unification of Nepal by conquering various small kingdoms and principalities, including the Kathmandu Valley in 1768 AD
15. What was the Sugauli Treaty?
    A treaty signed between Nepal and the British East India Company on December 2, 1815, following the Anglo-Nepal War, which defined Nepal’s present-day boundaries
16. When did the Rana regime end in Nepal?
    1951 AD (2007 BS), with the democratic revolution
17. When was Nepal admitted to the United Nations?
    December 14, 1955
18. Which country borders Nepal to the north?
    China (Tibet Autonomous Region)
19. Which country borders Nepal to the south, east, and west?
    India
20. What is Lumbini famous for?
    Lumbini is the birthplace of Lord Gautam Buddha and a UNESCO World Heritage Site
21. How many UNESCO World Heritage Sites are in Nepal?
    Four cultural sites (Kathmandu Valley, Lumbini, Boudhanath, and Changu Narayan area are grouped under Kathmandu Valley heritage) and two natural sites (Sagarmatha National Park and Chitwan National Park) — a total of 4 properties
22. When did the devastating earthquake strike Nepal?
    April 25, 2015 (Baisakh 12, 2072 BS), with a magnitude of 7.8
23. What is the population of Nepal according to the 2078 BS (2021) census?
    Approximately 29.1 million
24. What is the national flower of Nepal?
    Laligurans (Rhododendron)
25. What is the national animal of Nepal?
    Gaai (Cow)
26. What is the national bird of Nepal?
    Danphe (Himalayan Monal)
27. Which province has the largest area in Nepal?
    Karnali Province
28. Which province has the highest population in Nepal?
    Madhesh Province
29. What is the average elevation of Nepal?
    Nepal ranges from 60 meters above sea level in the Terai to 8,848.86 meters at Mount Everest, with an average elevation of approximately 3,265 meters
30. How many local levels (municipalities and rural municipalities) are there in Nepal?
    753 local levels (6 metropolitan cities, 11 sub-metropolitan cities, 276 municipalities, and 460 rural municipalities)

Current Affairs 2082 — 30 Questions

Current affairs is the most dynamic section of banking exam GK questions Nepal. Questions from the last 6-12 months form a significant portion of every exam. The following questions focus on key developments during the 2082 BS period that are likely to appear in upcoming banking exams. Stay updated with our regularly refreshed banking loksewa current affairs section on the Loksewa Tayari App banking preparation page.

1. What is the theme of the NRB monetary policy for FY 2082/83?
   Focused on maintaining price stability, supporting economic recovery, promoting financial inclusion, and facilitating digital payments (refer to the latest NRB monetary policy document for exact theme)
2. What is the GDP growth target set by the government for the current fiscal year?
   Approximately 6% (check the latest Economic Survey for the precise figure)
3. Which major hydropower projects have been completed or are nearing completion in 2082 BS?
   Upper Tamakoshi (456 MW, already operational), and several other projects in the 50-200 MW range are in final stages of completion
4. What changes were introduced in the banking sector merger policy?
   NRB has continued encouraging mergers and acquisitions among banks and financial institutions to strengthen the financial sector and reduce the number of institutions
5. What is the status of digital payment adoption in Nepal?
   Digital payments have seen exponential growth, with platforms like connectIPS, eSewa, Khalti, and mobile banking recording significant increases in transaction volume and value
6. What international climate commitment has Nepal made recently?
   Nepal has committed to achieving net-zero emissions by 2045 and has submitted updated Nationally Determined Contributions (NDCs) under the Paris Agreement
7. What are the recent changes in the income tax brackets in Nepal?
   The government has periodically revised income tax brackets through the annual Finance Act; check the latest Finance Act for current brackets
8. What is the status of the Nepal-India cross-border railway project?
   The Jayanagar-Kurtha railway section has been operational, and further extensions are under construction as part of bilateral cooperation
9. What new regulations has NRB introduced for digital lending?
   NRB has issued directives to regulate digital lending platforms, requiring them to obtain licenses and follow consumer protection guidelines
10. Which countries have provided the largest development assistance to Nepal in the current fiscal year?
    India, China, the United States (through USAID), Japan (through JICA), and international organizations like the World Bank and ADB remain the largest development partners
11. What is the status of Nepal’s graduation from Least Developed Country (LDC) status?
    Nepal is on track to graduate from LDC status by 2026, having met income and human assets criteria in recent reviews by the UN Committee for Development Policy
12. What major amendments have been made to the Companies Act?
    Amendments have been introduced to improve the ease of doing business, simplify company registration, and strengthen corporate governance requirements
13. What is the current status of financial sector reforms in Nepal?
    NRB has continued implementing Basel III requirements, strengthening risk management frameworks, improving financial reporting standards, and promoting financial literacy programs
14. What are the recent developments in Nepal’s tourism sector?
    Tourism has continued its post-pandemic recovery with increased arrivals, development of new trekking routes, and promotional campaigns targeting Visit Nepal initiatives
15. What major infrastructure projects are currently underway in Nepal?
    Key projects include the Kathmandu-Tarai Expressway, Pokhara International Airport (operational), Gautam Buddha International Airport (operational), and various highway upgrades
16. What is the current state of Nepal’s remittance inflow?
    Remittance inflows remain strong at approximately 25% of GDP, with Malaysia, Qatar, Saudi Arabia, UAE, and South Korea being the top source countries
17. What changes have been made to the foreign exchange regulations?
    NRB has periodically revised foreign exchange entitlement for travel, study abroad, and medical treatment, and has streamlined processes for foreign investment repatriation
18. What is the status of the National ID card project?
    The National Identity Card distribution program has been progressing across all provinces, with the card being linked to various government services
19. Which international summits or conferences has Nepal participated in recently?
    Nepal has actively participated in UN General Assembly sessions, COP climate summits, SAARC and BIMSTEC meetings, and various bilateral diplomatic engagements
20. What cybersecurity measures has NRB introduced for the banking sector?
    NRB has issued comprehensive cybersecurity guidelines requiring banks to implement robust IT security frameworks, conduct regular vulnerability assessments, and report cyber incidents promptly
21. What is the current status of the cooperative sector in Nepal?
    The government has been working on reforming the cooperative sector following various irregularities, introducing stricter regulations and audit requirements
22. What developments have occurred in Nepal’s insurance sector?
    The Insurance Authority (Beema Samiti) has been strengthening regulatory oversight, promoting digital insurance products, and working toward increasing insurance penetration
23. What is the status of green financing initiatives in Nepal?
    NRB has issued green financing guidelines encouraging banks to allocate a portion of credit to environmentally sustainable projects including renewable energy and clean technology
24. What agricultural modernization efforts are currently in progress?
    The government has launched programs for agricultural mechanization, commercial farming promotion, cold storage development, and agricultural insurance expansion
25. What recent anti-corruption measures have been implemented?
    The Commission for the Investigation of Abuse of Authority (CIAA) has continued investigations, and new transparency measures have been introduced in public procurement
26. What is the status of provincial-level financial institutions?
    Provincial governments have been developing their own fiscal management frameworks and some have proposed establishing provincial-level development funds
27. What changes have been introduced in microfinance regulations?
    NRB has revised microfinance regulations to improve governance, limit interest rate spreads, enhance consumer protection, and increase the capital base of microfinance institutions
28. What is the current state of public debt management in Nepal?
    The government has been managing public debt through a mix of domestic and foreign borrowing, with the debt-to-GDP ratio being monitored to ensure fiscal sustainability
29. What recent trade agreements has Nepal signed or is negotiating?
    Nepal has been pursuing bilateral trade agreements, reviewing trade arrangements under SAFTA, and exploring new market access through WTO frameworks and bilateral negotiations
30. What developments have occurred in Nepal’s energy sector?
    Nepal has made progress in hydropower development with increasing installed capacity, signed electricity trade agreements with India, and is working toward becoming a net electricity exporter

How to Prepare GK for Banking Exams

Scoring well in the GK section requires a structured and disciplined approach. Many candidates make the mistake of random reading without a clear strategy. Here is a proven methodology for effective banking tayari in the GK section that has helped thousands of candidates secure top ranks in Nepal banking exams.

Key Resources for Banking GK Preparation

The following resources are essential for comprehensive banking exam GK preparation in Nepal:

• NRB Monetary Policy Report — Published annually, this document contains critical data and policy directions that frequently appear in questions.
• Economic Survey — Published by the Ministry of Finance, it provides detailed economic data and analysis for the fiscal year.
• Nepal’s Constitution — Focus on the preamble, fundamental rights, directive principles, and the structure of federal, provincial, and local governments.
• Loksewa Tayari App — Offers updated, categorized question banks with detailed explanations specifically designed for banking exam preparation.
• NRB Annual Report — Provides comprehensive data on the financial sector’s performance.

For specific preparation strategies for individual bank exams, check out our guide on how to prepare for the National Commercial Bank exam, which covers the unique syllabus requirements and question patterns of government bank examinations.

Frequently Asked Questions

Conclusion

General Knowledge and Current Affairs is the great equalizer in banking exams. While technical banking knowledge requires months of study and quantitative sections demand sharp problem-solving skills, GK rewards consistent reading and structured revision. The 200 questions in this guide cover every major topic area tested in Nepal banking exams — from the foundational structure of Nepal’s banking system to the latest current affairs of 2082 BS.

The key to excelling in banking exam GK questions Nepal is not cramming thousands of random facts, but understanding the pattern of what gets tested. Banking exams consistently focus on Nepal Rastra Bank’s role and policies, the structure of the financial system, key economic indicators, international financial institutions, and recent developments that impact the banking sector. If you systematically cover these six pillars, you will walk into any banking exam with the confidence to score 85-90% in the GK section.

Remember that GK preparation is a marathon, not a sprint. Start early, be consistent with daily reading, and use quality practice questions to test your knowledge regularly. The difference between a candidate who scores 15/40 and one who scores 35/40 in GK is not intelligence — it is preparation strategy and consistency. Make every day count in your banking tayari journey.