IBPS Clerk - Page 2
<b>IBPS </b>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.
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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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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Q36. What does RTGS stand for?
A. Real Time Global Settlement
B. Real Time Gross Settlement
C. Rapid Time Gross Settlement
D. Real Time Government Settlement
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Q37. Which document is mandatory for income tax filing?
A. Voter ID
B. PAN card
C. Aadhaar
D. Ration card
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Q38. Who issues ₹1 currency note?
A. RBI
B. Government of India
C. SBI
D. SEBI
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