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Easy Free Competitive Exams IBPS

IBPS Banking Exam Practice Quiz

Prepare for IBPS examinations with practice questions covering banking awareness, aptitude, reasoning, finance and related topics.

25 Questions
30 min Duration
40% To pass
1.00 Marks / correct

Instructions

  • This quiz has 25 questions.
  • You have 30 minutes. The quiz submits automatically when time runs out.
  • You need 40% to pass.
  • There is no negative marking.
  • You can mark questions for review and return to them before submitting.
  • Correct answers and explanations are shown after you submit.

Sample Questions & Answers

A preview of 12 questions from this quiz, each with the correct answer and a written explanation. Attempt the full, timed quiz to be scored and earn XP.

  1. Question 1

    Which institution conducts monetary policy?

    • IRDAI
    • RBI Correct answer
    • NABARD
    • SEBI
    Explanation: RBI is India's monetary authority.
  2. Question 2

    UPI primarily enables:

    • passport issue
    • stock listing
    • instant bank-account payments Correct answer
    • cash-only payments
    Explanation: UPI supports instant retail bank payments.
  3. Question 3

    CASA stands for:

    • Current Account Savings Account Correct answer
    • Capital Savings Asset
    • Credit and Savings Arrangement
    • Cash and Securities Account
    Explanation: CASA refers to current and savings account deposits.
  4. Question 4

    A credit score helps assess:

    • branch count
    • exchange rates
    • creditworthiness Correct answer
    • rainfall
    Explanation: Credit scores summarize aspects of credit history.
  5. Question 5

    NPCI operates major:

    • insurance regulations
    • retail payment systems Correct answer
    • tax tribunals
    • election systems
    Explanation: NPCI operates UPI, RuPay and other payment systems.
  6. Question 6

    EMI means:

    • Equity Monthly Interest
    • Electronic Market Instrument
    • Equated Monthly Instalment Correct answer
    • Estimated Money Index
    Explanation: EMI is a periodic loan repayment amount.
  7. Question 7

    8% one-year simple interest on ₹100,000:

    • ₹10,000
    • ₹6,000
    • ₹12,000
    • ₹8,000 Correct answer
    Explanation: 100000×8/100=8000.
  8. Question 8

    Customer deposits are a bank's:

    • fixed asset
    • capital-market security
    • expense only
    • liability Correct answer
    Explanation: Deposits are liabilities because the bank owes them to customers.
  9. Question 9

    Loans and advances are bank:

    • taxes
    • liabilities
    • assets Correct answer
    • equity only
    Explanation: Loans are assets because they represent amounts receivable by the bank.
  10. Question 10

    NIM stands for:

    • Net Interest Margin Correct answer
    • New Interest Mechanism
    • National Investment Market
    • Net Income Multiplier
    Explanation: NIM relates net interest income to earning assets under the relevant calculation.
  11. Question 11

    A short-term government security is a:

    • property deed
    • preference share
    • equity share
    • Treasury Bill Correct answer
    Explanation: Treasury Bills are short-term government securities.
  12. Question 12

    Demat account holds:

    • securities electronically Correct answer
    • passports
    • cash only
    • insurance claims
    Explanation: Demat accounts hold securities in electronic form.

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IBPS Exam Practice

IBPS examinations require preparation across reasoning, quantitative aptitude, English and banking awareness. Regular quiz practice can help you identify gaps before the examination.

Revise With Purpose

Review questions involving banking terms, RBI functions and financial concepts carefully. Combine this practice with current affairs and your main preparation resources.

Frequently Asked Questions

This quiz has 25 questions and 30 minutes.

You need at least 40% to pass this quiz.

No, there is no negative marking on this quiz.

Yes. You can attempt this quiz again at any time, though first-attempt XP bonuses apply only once.

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