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Banking Exams (IBPS & SBI Clerk / PO): practice questions and mock tests

This section holds 840 practice questions for Banking Exams (IBPS & SBI Clerk / PO), arranged in 9 topics โ€” the largest are Quantitative Aptitude (295), Banking Awareness & Terminology (292) and Reasoning Ability (83).

330 of these are written only for this post. The other 510 are shared with exams that test the same syllabus, mainly Cooperative Inspector, Excise Inspector and Clerk, so practice here also counts towards those papers.

Below you will find the topic outline, sample questions with explanations and the official website. Dates, eligibility and marking rules change, so confirm them in the latest official notification.

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Banking Exams (IBPS & SBI Clerk / PO): Practice MCQs and Mock Tests

This page brings together the PunjabExams practice set for Banking Exams (IBPS & SBI Clerk / PO): 840 multiple-choice questions, each with a keyed answer and a short explanation, arranged into 9 topic groups. You can practise topic by topic, take a timed 50-question mock or revise quickly in question-and-answer mode. Practice is free and needs no sign-up.

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Exam-specific and shared questions

Of the 840 distinct questions in this set, 330 are written specifically for Banking and 510 are common general-studies questions (reasoning, aptitude, general knowledge, Punjab GK, language and computer basics). Punjab recruitment papers test these common areas at a similar level, so the same reviewed question is used in every exam set where that topic is on the syllabus, rather than being rewritten with small changes.

Exam sets that share the most questions with this one:

What the Banking question set covers

TopicQuestions
Quantitative Aptitude295
Banking Awareness & Terminology292
Reasoning Ability83
Financial & Economic Awareness58
Computer Knowledge & Digital Banking54
Punjab + India General Knowledge40
Mixed and previous-year-pattern practice13
Punjab History, Culture & Heritage4
English1

Key points for Banking aspirants

  • RBI is the regulator.
  • Repo is the short-term policy rate students still meet.
  • NABARD is rural/agri refinance.

Sample Banking questions with answers

A few questions from this set, with the answer and explanation shown. The full set opens in practice mode.

  1. Q1. Security Receipts are issued by Asset Reconstruction Companies to?

    • (a) The Central Government
    • (b) Qualified buyers, against assets acquired
    • (c) Commercial banks
    • (d) Retail depositors

    Answer: (b) Qualified buyers, against assets acquired. SRs represent undivided right in the financial assets acquired for reconstruction.

  2. Q2. SI on Rs 18000 at 7% for 2 years?

    • (a) Rs 2520
    • (b) Rs 2570
    • (c) Rs 2470
    • (d) Rs 2620

    Answer: (a) Rs 2520. Simple interest = P ร— R ร— T / 100 = 18000 ร— 7 ร— 2 / 100 = โ‚น2520.

  3. Q3. CPI is the nominal anchor for?

    • (a) Banking regulation
    • (b) Fiscal policy
    • (c) Trade policy
    • (d) The MPC's inflation targeting

    Answer: (d) The MPC's inflation targeting. India follows flexible inflation targeting based on CPI.

  4. Q4. What does two-factor authentication require?

    • (a) Two different types of credentials
    • (b) A fingerprint
    • (c) A strong password
    • (d) An email address

    Answer: (a) Two different types of credentials. Typically knowledge factor plus possession factor.

  5. Q5. Pointing to a photograph, a man said 'I have no brother or sister but that man's father is my father's son'. Whose photograph is it?

    • (a) His father
    • (b) His brother
    • (c) His own son
    • (d) His nephew

    Answer: (c) His own son. The man's father's son is the man himself; the photograph is of his son.

  6. Q6. Who laid the foundation stone of the Golden Temple?

    • (a) A Mughal Emperor
    • (b) A Sikh Guru
    • (c) Sufi saint Mian Mir
    • (d) A Hindu King

    Answer: (c) Sufi saint Mian Mir. Sufi saint Mian Mir of Lahore laid the foundation stone of the Harmandir Sahib at the invitation of Guru Arjan Dev, symbolizing communal harmony.

How to use this practice set

  1. Read the latest official notification and syllabus for Banking first, so you know the paper pattern and marking.
  2. Work through one topic at a time, starting with Quantitative Aptitude, and read the explanation for every question you get wrong.
  3. Take a timed 50-question mock once a week and track your accuracy, not just your score.
  4. Keep a short notebook of facts you missed and revise it before each mock.

Official information

Dates, eligibility, syllabus and answer keys are decided by the recruiting body. Always confirm them on the IBPS official website or in the latest official notification. PunjabExams is an independent practice site and is not connected with any recruiting body.

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Last reviewed 29 October 2026. Questions are original, unofficial practice items; if you spot an error, use Report / Suggest fix in practice mode. See our editorial policy.