IBPS PO MCQs

IBPS PO MCQs are designed to help aspirants prepare effectively for the Probationary Officer examination conducted by the Institute of Banking Personnel Selection (IBPS). The exam is one of the most competitive banking tests in India and is conducted to recruit candidates for officer-level posts in public sector banks.

These multiple-choice questions (MCQs) are based on the latest IBPS PO exam pattern and syllabus. They cover all major sections including Quantitative Aptitude, Reasoning Ability, English Language, and General Awareness. Each question is carefully framed to test conceptual understanding, accuracy, and time management skills, which are essential for clearing both Prelims and Mains stages.

In the Quantitative Aptitude section, MCQs focus on topics like simplification, data interpretation, number series, percentages, ratio and proportion, and time and work. The Reasoning section includes puzzles, seating arrangements, syllogism, coding-decoding, and logical reasoning questions. English Language MCQs test grammar, vocabulary, reading comprehension, and sentence correction. General Awareness mainly covers banking awareness, current affairs, and financial news.

Regular practice of MCQs is very important for IBPS PO aspirants. It helps in improving speed, identifying weak areas, and building confidence for the actual exam. Since the exam is time-bound and includes negative marking, accuracy is equally important as speed. Therefore, consistent practice with mock tests and previous year MCQs is highly recommended.

This IBPS PO MCQ set is designed to provide exam-oriented practice and help candidates understand the level of difficulty they will face in the real exam. With regular revision and practice, aspirants can significantly improve their performance and increase their chances of selection.

Overall, these MCQs serve as an effective tool for smart preparation and are suitable for both beginners and advanced-level candidates aiming to crack the IBPS PO examination.

Q1. IBPS PO exam recruits candidates for?

Correct Answer: B

IBPS PO recruits for PO/MT posts in public sector banks.

Q2. IBPS was established in which year?

Correct Answer: A

IBPS originated in 1975 as PSS.

Q3. Which bank does NOT participate in IBPS PO recruitment?

Correct Answer: C

SBI conducts its own recruitment, not through IBPS.

Q4. What is the duration of IBPS PO Prelims exam?

Correct Answer: A

IBPS PO Prelims is 1-hour long.

Q5. The headquarters of IBPS is located at?

Correct Answer: C

IBPS HQ is in Mumbai.

Q6. What does CRR stand for?

Correct Answer: A

CRR is the reserve banks must maintain with RBI.

Q7. SLR is maintained in the form of?

Correct Answer: B

Banks maintain SLR in liquid assets.

Q8. RBI controls inflation using?

Correct Answer: A

Repo rate increase helps control inflation.

Q9. Which of the following is a negotiable instrument?

Correct Answer: A

Cheque is a negotiable financial instrument.

Q10. What is the full form of KYC?

Correct Answer: A

KYC is a process to verify customer identity.

Q11. CASA stands for?

Correct Answer: B

CASA stands for Current and Savings Account.

Q12. Which one is a type of digital payment?

Correct Answer: C

UPI is a real-time digital payment system.

Q13. Which act governs the functioning of RBI?

Correct Answer: B

RBI Act 1934 defines the role of RBI.

Q14. What does EMI stand for?

Correct Answer: B

EMI is the monthly loan repayment amount.

Q15. MSF stands for?

Correct Answer: A

MSF allows banks to borrow overnight from RBI.

Q16. Which of these is an example of a secured loan?

Correct Answer: A

Car loan is secured by the vehicle.

Q17. Call money market deals with?

Correct Answer: A

Call money market deals in overnight lending.

Q18. What is the validity of a cheque?

Correct Answer: B

Cheques in India are valid for 3 months.

Q19. RBI issues currency except?

Correct Answer: D

β‚Ή1 note is issued by Ministry of Finance.

Q20. Which organization regulates stock markets?

Correct Answer: C

SEBI regulates the securities market.

Q21. Which financial instrument is used for long-term borrowing?

Correct Answer: B

Government bonds are long-term borrowing instruments.

Q22. What is inflation?

Correct Answer: B

Inflation refers to rise in prices.

Q23. Which card uses NFC for payment?

Correct Answer: C

Contactless cards enable NFC payments.

Q24. What does UPI stand for?

Correct Answer: A

UPI is an instant mobile payment system.

Q25. Which body handles rural credit?

Correct Answer: C

NABARD handles rural and agricultural credit.

Q26. Which type of risk is related to market fluctuations?

Correct Answer: C

Market risk arises due to market movements.

Q27. What is full form of RTGS?

Correct Answer: A

RTGS is used for large-value transfers.

Q28. Which of these is a liability for banks?

Correct Answer: C

Deposits are bank liabilities.

Q29. Which committee recommended banking reforms?

Correct Answer: B

Correct Answer: Option B β€” Narasimham Committee
The Narasimham Committee was established to recommend reforms in the Indian banking sector. It played a major role in modernizing banks and improving the efficiency, competitiveness, and financial stability of the banking system in India.
Option A: Tarapore Committee dealt mainly with capital account convertibility and monetary issues.
Option B: Narasimham Committee is correct because it specifically recommended banking sector reforms.
Option C: Tandon Committee focused on guidelines for bank credit and working capital finance.
Option D: Gadgil Committee was related to regional planning and development issues.
The Narasimham Committee recommendations led to important banking reforms such as reducing non-performing assets (NPAs), improving capital adequacy norms, and allowing greater autonomy to banks.

Q30. What is the minimum age for opening a bank account?

Correct Answer: B

Minors aged 10+ can operate savings accounts.

Q31. What does NPA stand for?

Correct Answer: A

NPAs are loans with overdue payments.

Q32. Which bank launched the YONO app?

Correct Answer: B

YONO was launched by State Bank of India.

Q33. Which of these is a Direct Tax?

Correct Answer: B

Income tax is paid directly to government.

Q34. Which financial market deals with shares?

Correct Answer: A

Capital market deals with shares & securities.

Q35. What is the purpose of KYC?

Correct Answer: A

KYC prevents identity fraud.

Q36. Which bank is known as the central bank of India?

Correct Answer: D

RBI is India’s central bank.

Q37. Which instrument is prepaid?

Correct Answer: A

Demand Draft is a prepaid negotiable instrument.

Latest Blogs