IBPS Clerk MCQs
This quiz is specially designed for IBPS Clerk aspirants who are preparing for the upcoming examination. It follows the latest exam pattern and syllabus to provide focused and effective practice.
The questions are framed in a simple multiple-choice format to help candidates build speed, accuracy, and strong conceptual understanding. It covers all important sections, including English Language, Reasoning Ability, Numerical Ability, Computer Awareness, and General/Financial Awareness.
Each question is selected to reflect the level of difficulty seen in the actual IBPS Clerk exam. Regular practice with this quiz will help aspirants improve time management, strengthen basics, and identify weak areas.
This practice set is a useful tool for revision and mock preparation. It is designed to build confidence and support consistent improvement for success in the IBPS Clerk examination.
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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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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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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Q17. The bank that acts as βBanker to Governmentβ 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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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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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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Q31. Which instrument represents short-term government borrowing?
A. Government bonds
B. Treasury bills
C. Debentures
D. Shares
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Q33. What is the purpose of a passbook?
A. Store ATM PIN
B. Record transactions
C. Calculate interest only
D. Insurance coverage
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Q34. Minimum balance requirement means?
A. Minimum marks
B. Minimum money to keep account active
C. Minimum loan amount
D. Minimum EMI
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Q35. Which bank leads in digital banking services?
A. SBI
B. NABARD
C. RBI
D. IRDAI
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