Bank of Baroda LBO 2026 GA Memory-Based Questions – 3 October 2026
Exam Prepp practice reconstruction: 62 memory-based MCQs, answers and concept explanations, prepared by merging duplicate candidate-recalled topics. These memory-based questions are based on topics and questions shared by students who appeared in the exam. Incomplete wording and options have been completed for revision.

Banking Knowledge & General / Economic Awareness pattern
| Section | Questions | Marks | Time |
|---|---|---|---|
| Banking Knowledge | 30 | 30 | 30 minutes |
| General / Economic Awareness | 30 | 30 | 30 minutes |
| Total for these sections | 60 | 60 | 60 minutes |
These 46 memory-based questions are a practice bank, not a claim that the original examination contained 64 questions in these two sections.
Exam & practice overview
| Exam | Bank of Baroda Local Bank Officer 2026 |
|---|---|
| Exam date | 3 October 2026 |
| Format | 62 memory-based MCQs, five options each |
| Important | Candidate recollections are not an official BOB question paper or answer key. |
Students’ Memory-Based Questions
Q1. Who was the CEO of NITI Aayog on 3 October 2026?
Explanation: NITI Aayog lists Anurag Jain as CEO. Check dates: office-holders change.
Q2. Which national instant payment system belongs to the Maldives?
Explanation: Favara is the Maldives’ instant-payment platform.
Q3. Which city is popularly called India’s Sun City?
Explanation: Jodhpur in Rajasthan is called the Sun City.
Q4. Who wrote The Last Colour?
Explanation: Chef and filmmaker Vikas Khanna wrote The Last Colour.
Q5. Which author was nominated to the Rajya Sabha in 2024?
Explanation: Sudha Murty is an author and nominated Rajya Sabha member.
Q6. What is the current SCSS annual interest rate for the quarter October–December 2026, subject to official notification?
Explanation: SCSS is a government-backed small savings scheme; confirm quarter-wise rates before relying on this question.
Q7. What is the full form of SIDBI?
Explanation: SIDBI is a principal financial institution for MSME development.
Q8. Which authority regulates and supervises payment systems in India?
Explanation: RBI is the regulator under the Payment and Settlement Systems Act, 2007. NPCI operates retail payment infrastructure.
Q9. Who operates the UPI retail payment system?
Explanation: NPCI operates UPI; RBI regulates payment systems.
Q10. ATMs set up, owned and operated by non-bank entities are called what?
Explanation: RBI defines White Label ATMs as ATMs owned and operated by authorised non-bank entities. Brown Label ATMs are generally bank-branded with outsourced infrastructure.
Q11. Which Indian financial messaging service is broadly analogous to SWIFT?
Explanation: Structured Financial Messaging System (SFMS) is used for secure financial messages in India; CHIPS is a USD clearing system, not a SWIFT messaging equivalent.
Q12. What does IRN stand for in GST e-invoicing?
Explanation: The Invoice Reference Number is generated for GST e-invoices.
Q13. How many characters does the GST e-invoice IRN contain?
Explanation: IRN is a 64-character hash.
Q14. Which city houses the headquarters of Army Training Command (ARTRAC)?
Explanation: Army Training Command (ARTRAC) headquarters are in Shimla. Do not confuse it with Officers Training Academy.
Q15. Which agency releases India’s official GDP and GVA estimates?
Explanation: NSO, under MoSPI, compiles official national accounts.
Q16. What is Bank of Baroda’s sustainability-focused initiative called?
Explanation: bob Earth is Bank of Baroda’s environmental sustainability initiative.
Q17. Which BOB digital platform offers retail banking and related services?
Explanation: bob World is Bank of Baroda’s mobile banking app. Availability of specific insurance features can change.
Q18. Which app was developed by NPCI for UPI payments?
Explanation: BHIM is a UPI-based payments app.
Q19. Which biometric identifier can support Aadhaar-enabled payment authentication?
Explanation: AePS can use Aadhaar-based biometric authentication subject to applicable safeguards.
Q20. What does IFSC stand for?
Explanation: IFSC identifies a bank branch in Indian electronic payment systems.
Q21. A savings account generally becomes inoperative when there are no customer-induced transactions for how long?
Explanation: RBI defines an inoperative savings/current account using the absence of customer-induced transactions for over two years.
Q22. For a standard term loan, overdue interest or instalment for more than how many days generally triggers NPA classification?
Explanation: The standard overdue norm is more than 90 days, subject to category-specific rules.
Q23. How many nominees can a bank depositor specify under the amended nomination framework, where applicable?
Explanation: The amended banking nomination framework provides for up to four nominees, subject to applicable implementation rules.
Q24. Electronic Gold Receipts are traded and regulated in the securities market under which regulator?
Explanation: SEBI regulates Electronic Gold Receipts and gold exchanges.
Q25. What is the correct expansion of FSSAI?
Explanation: FSSAI regulates food safety and labelling under the applicable law.
Q26. Which item is part of the WPI primary articles group?
Explanation: WPI Primary Articles include food and non-food articles, minerals and crude petroleum/natural gas.
Q27. Which state among the following had no Ramsar site as of September 2026?
Explanation: Meghalaya was among states without a Ramsar site; the original options were not preserved.
Q28. What is the annual investment ceiling for a PAN-exempt Micro SIP?
Explanation: The annual ceiling for PAN-exempt Micro SIPs is ₹50,000.
Q29. Madhubani painting is associated with which Indian state?
Explanation: Madhubani originated in the Mithila region of Bihar.
Q30. What interest subvention rate was reported in candidate recalls for the Vijayalakshmi Scheme?
Explanation: Candidate recall indicates 3%; the exact scheme notification should be consulted for official eligibility.
Q31. Which state was reportedly associated with the Investment Friendliness Index question?
Explanation: Candidate recollection mentions Gujarat; the report edition was not recalled.
Q32. Where is the Officers Training Academy (OTA) situated?
Explanation: OTA Chennai is a major officer-training institution; the recalled ‘OTA Dehradun’ wording may refer to a different institution.
Q33. Which Indian classical or folk art is known for geometric motifs and traditionally painted in the Mithila region?
Explanation: The recalled Indian-origin art topic points to Madhubani painting.
Q34. Which country hosted the 2014 Commonwealth Games in Glasgow?
Explanation: Glasgow, Scotland hosted the 2014 Commonwealth Games; the specific flag-bearer question lacks delegation and ceremony.
Q35. What is the FAO Agriculture Orientation Index used to measure?
Explanation: The index indicates the priority accorded to agriculture in government spending.
Q36. Which film starring Prabhas and Amitabh Bachchan was released in 2024?
Explanation: The recalled film topic was Kalki.
Q37. What does a debit card normally do?
Explanation: A debit card typically uses available funds in the linked account.
Q38. What is the Golden Slam in tennis?
Explanation: Steffi Graf completed the calendar-year Golden Slam in 1988.
Q39. Under the RBI’s priority sector lending norms, which factor determines classification of an education loan?
Explanation: The recalled ₹25 lakh PSL prompt omitted conditions; use the applicable RBI directions.
Q40. What does the term ‘regulated entity’ ordinarily refer to in RBI directions?
Explanation: The precise definition depends on the applicable RBI direction.
Q41. Which type of signature uses a cryptographic digital certificate?
Explanation: A digital signature is a type of electronic signature based on cryptography.
Q42. Which situation is an example of coercion under the Indian Contract Act?
Explanation: Coercion vitiates free consent.
Q43. Which situation best describes undue influence?
Explanation: Undue influence arises when dominance of another’s will is used unfairly.
Q44. What is misrepresentation under contract law?
Explanation: Misrepresentation differs from intentional fraud.
Q45. Which agency compiles India’s quarterly GDP and GVA estimates?
Explanation: NSO is part of MoSPI; the recalled 7.8% GDP figure requires a financial-year reference.
Q46. For a cheque presented by a customer for collection, the collecting bank normally acts as what?
Explanation: The collecting bank acts as the customer’s agent.
Q47. What is the primary objective of the SAMARTH scheme?
Explanation: SAMARTH is a textile-sector capacity-building and skill-development scheme.
Q48. What is the primary objective of the Prime Minister’s Employment Generation Programme (PMEGP)?
Explanation: PMEGP is a credit-linked subsidy programme supporting new micro-enterprises.
Q49. What is the usual lock-in period for margin-money subsidy under PMEGP?
Explanation: The subsidy is generally retained in a term deposit for three years under the scheme.
Q50. Which institution is India’s apex development bank for agriculture and rural development?
Explanation: NABARD is a statutory development bank.
Q51. On which date was India’s National Flag adopted by the Constituent Assembly?
Explanation: The Constituent Assembly adopted the National Flag on 22 July 1947.
Q52. Which city is the joint capital of Punjab and Haryana?
Explanation: Chandigarh is a Union Territory and joint capital.
Q53. Who is popularly known as Pancham Da in Indian music?
Explanation: Music director R. D. Burman was known as Pancham Da.
Q54. Which year marks the founding of the United Nations?
Explanation: The United Nations formally came into existence on 24 October 1945.
Q55. What is the purpose of the Positive Pay System for cheques?
Explanation: Positive Pay allows the drawer to reconfirm essential cheque details to reduce fraud.
Q56. What is Bank of Baroda’s bob Smart Invest primarily associated with?
Explanation: The recalled product name relates to investment; exact current features should be checked with the bank.
Q57. Which of the following is generally not a mandatory disclosure on every packaged-food label?
Explanation: Celebrity endorsements are optional marketing elements, not mandatory food-label disclosures.
Q58. Which of the following is an example of a bank acting as drawee?
Explanation: For a cheque, the bank on which it is drawn is the drawee; the account holder signing it is the drawer.
Q59. Which term denotes gross profit after adjustment for indirect expenses and indirect incomes?
Explanation: Net profit is calculated from gross profit after indirect expenses and indirect incomes.
Q60. What is the full form of SFMS?
Explanation: SFMS supports structured secure financial messaging in India.
Q61. How many characters does an Indian IFSC contain?
Explanation: IFSC has 11 characters, including a zero in the fifth position.
Q62. Which of these is commonly offered as a digital banking service through bob World?
Explanation: The bob World app provides digital banking and related services; specific motor-insurance availability can change.
Verification & official references
NITI Aayog official directory · RBI ATM FAQs · Independent candidate-recall compilation · Additional memory-based recall. Verify time-sensitive rates and scheme rules against current official notifications.
Explore free quizzes, banking courses and Exam Prepp videos. These reconstructed questions are not an official answer key.
About the Mentor
Sunderpal Dahiya Sir has 10+ years of experience teaching banking, finance and competitive exams and provides learning guidance.


