IBPS Clerk
IBPS Clerk exam is conducted by the Institute of Banking Personnel Selection for recruitment of clerical posts in public sector banks. This section provides MCQs and study material covering Quantitative Aptitude, Reasoning Ability, English Language, General Awareness, and Computer Knowledge. These practice questions help aspirants prepare for both Prelims and Mains with updated exam patterns. Ideal for candidates aiming to improve speed, accuracy, and conceptual understanding for IBPS Clerk selection.
Q1. IBPS stands for?
A. Institute of Banking Personnel Selection
B. Indian Banking Paper System
C. International Bank Payroll System
D. Institute of Banking Payment System
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Q2. IBPS Clerk exam is conducted for?
A. Probationary Officer posts
B. Specialist Officer posts
C. Clerical cadre posts
D. RBI posts
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Q3. The headquarters of IBPS is located in?
A. Delhi
B. Mumbai
C. Chennai
D. Hyderabad
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Q4. Which bank is NOT a participant in IBPS exams?
A. SBI
B. Punjab National Bank
C. Bank of Baroda
D. Canara Bank
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Q5. What is the full form of CRR?
A. Cash Reserve Ratio
B. Credit Rating Ratio
C. Core Reserve Rate
D. Cash Return Ratio
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Q6. KYC norms are related to?
A. Customer verification
B. Loan repayment
C. Currency printing
D. Insurance policies
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Q7. NEFT works on?
A. Real-time settlement
B. Batch settlement
C. Weekly settlement
D. Monthly settlement
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Q8. The validity of a cheque is?
A. 1 month
B. 3 months
C. 6 months
D. 12 months
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Q9. Which of these is a negotiable instrument?
A. Passport
B. Cheque
C. Aadhaar card
D. Voter ID
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Q10. Savings account interest is calculated on?
A. Monthly balance
B. Daily balance
C. Weekly balance
D. Minimum monthly balance
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Q11. RBI was established in which year?
A. 1935
B. 1947
C. 1955
D. 1920
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Q12. Which of the following is used for international money transfers?
A. UPI
B. IMPS
C. SWIFT
D. Aadhaar Pay
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Q13. What is the minimum age to open a savings account?
A. 5 years
B. 10 years
C. 15 years
D. 18 years
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Q14. Which is NOT a type of bank account?
A. Savings account
B. Current account
C. Fixed deposit
D. Rent account
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Q15. PIN stands for?
A. Personal Identification Number
B. Personal Identity Note
C. Public Identification Number
D. Primary Inspection Number
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Q16. Which payment system is the fastest?
A. RTGS
B. NEFT
C. IMPS
D. Cheque
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Q17. The bank that acts as “Banker to Government” is?
A. SBI
B. ICICI Bank
C. RBI
D. HDFC Bank
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Q18. What does EMI stand for?
A. Equal Monthly Income
B. Equal Monthly Installment
C. Easy Monthly Installment
D. Electronic Money India
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Q19. Which is an example of direct tax?
A. GST
B. Income tax
C. Excise duty
D. Custom duty
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Q20. Which bank launched the YONO app?
A. HDFC
B. ICICI
C. SBI
D. Bank of Baroda
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Q21. IFSC code is used for?
A. Identifying bank branches
B. Finding loan rates
C. ATM PIN
D. Deposits
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Q22. What is inflation?
A. Decrease in price level
B. Increase in general price level
C. Increase in exports
D. Increase in income
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Q23. Who regulates stock markets in India?
A. RBI
B. SEBI
C. IRDAI
D. SBI
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Q24. Which bank handles rural development?
A. RBI
B. SIDBI
C. NABARD
D. SEBI
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Q25. A demand draft is?
A. Prepaid instrument
B. Postpaid instrument
C. Credit card
D. Cheque
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Q27. Which is a secured loan?
A. Credit card loan
B. Personal loan
C. Car loan
D. Education loan
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Q28. Which of these is a liability for banks?
A. Loans given
B. Customer deposits
C. Investments
D. Bank buildings
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Q29. What is the full form of UPI?
A. Unified Payments Interface
B. United Payment India
C. Universal Payment Integration
D. Unified Pay Index
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Q30. Which of these is NOT a digital payment method?
A. UPI
B. Cheque
C. Net banking
D. Card payment
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