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Institute of Banking Personnel Selection49 Questions
Banking and Financial Services Recruitment MCQs
Practice Banking and Financial Services Recruitment multiple-choice questions for Institute of Banking Personnel Selection competitive exams. Each question includes the correct answer and a short explanation, and past-paper questions are marked so you can revise both repeated and fresh material in one place.
Brother
Sister
Father
Cousin
ExplanationSince A is the brother of B and B is the sister of C, they are all siblings. Therefore, A is the brother of C.
48
64
40
36
ExplanationThe series follows the pattern of multiplying the previous number by 2 (2x2=4, 4x2=8, 8x2=16, 16x2=32, 32x2=64).
3 km
5 km
8 km
13 km
ExplanationHe moves in a rectangular path. Since he moved 5 km East and then 5 km West, he is vertically aligned with the start, exactly 3 km away.
10
13
7
14
ExplanationThe pattern involves adding 3 and then subtracting 2 (7+3=10, 10-2=8, 8+3=11, 11-2=9, 9+3=12, 12-2=10).
CJSE
CJTE
DISE
CISD
ExplanationEach letter is shifted one position forward in the alphabet (F->G, I->H, S->J, H->I). Applying this to BIRD gives CJSE.
Apple
Banana
Potato
Orange
ExplanationPotato is a vegetable that grows underground, while the others are fruits that grow on trees/plants.
His father's
His own
His son's
His nephew's
ExplanationSince he has no siblings, 'my father's son' is himself. The statement becomes 'that man's father is me', meaning the person in the photo is his son.
Logical progression
Consistent pattern
Random distribution
Incremental growth
ExplanationA sequence requires a logical pattern or progression; random distribution lacks this structure.
20
25
30
35
Explanation15% of 200 is calculated as (15/100) * 200 = 15 * 2 = 30.
50
60
70
80
ExplanationAverage speed is distance divided by time. 120 km / 2 hours = 60 km/h.
100 rupees
96 rupees
104 rupees
110 rupees
ExplanationCost Price = Selling Price / (1 + Profit%). 120 / 1.20 = 100.
60
70
80
90
ExplanationEach number is multiplied by 2.
3 days
4 days
12 days
2 days
ExplanationThis is an inverse proportion. (4 * 6) / 8 = 3 days.
500 rupees
1000 rupees
1500 rupees
2000 rupees
ExplanationSimple Interest = (Principal * Rate * Time) / 100. (5000 * 10 * 2) / 100 = 1000.
15
16
17
17.5
ExplanationTotal sum = 5 * 20 = 100. New sum = 100 - 30 = 70. Remaining count = 4. Average = 70 / 4 = 17.5.
22 cm
44 cm
14 cm
154 cm
ExplanationCircumference = 2 * pi * r = 2 * (22/7) * 7 = 44 cm.
Opaque
Clear
Dark
Rough
Explanation'Transparent' means allowing light to pass through so that objects behind can be distinctly seen, which is synonymous with 'Clear'.
He go to the store yesterday.
He went to the store yesterday.
He gone to the store yesterday.
He going to the store yesterday.
ExplanationThe sentence requires the past tense 'went' to agree with the time indicator 'yesterday'.
Courageous
Cowardly
Bold
Fearless
ExplanationCowardly is the opposite of brave.
He go to school daily.
He goes to school daily.
He going to school daily.
He gone to school daily.
ExplanationThe subject 'He' is singular, so it requires the verb 'goes'.
for
since
in
at
Explanation'Since' is used to denote a specific starting point in time.
Beautiful
Believe
Recieve
Necessary
ExplanationThe correct spelling is 'Receive'.
Lazy
Indifferent
Keen
Dull
ExplanationKeen means having or showing great interest or enthusiasm, which is synonymous with eager.
Pack
Herd
Pride
School
ExplanationA group of lions is referred to as a pride.
Reserve Bank of India (RBI)
Institute of Banking Personnel Selection (IBPS)
State Bank of India (SBI)
National Bank for Agriculture and Rural Development (NABARD)
ExplanationIBPS is the autonomous body specifically set up to handle the selection of personnel for banks through the Common Recruitment Process.
Dr. Manmohan Singh
Dr. A. S. Deshpande
Shri Rajneesh Karnatak
Shri Harideesh Kumar B
ExplanationDr. Manmohan Singh served as the first Chairman of the Governing Board of IBPS.
Issuing currency
Selling groceries
Providing medical insurance
Constructing roads
ExplanationThe RBI is the central bank of India and is the sole authority responsible for issuing currency notes.
Companies Act, 2013
Societies Registration Act, 1860
Banking Regulation Act, 1949
RBI Act, 1934
ExplanationIBPS exists as a society registered under the Societies Registration Act, 1860, and as a public trust.
SBI
NABARD
NIBM
SEBI
ExplanationThe Personnel Selection Services (PSS) Unit was part of the National Institute of Bank Management (NIBM) before becoming an independent body in 1984.
Dr. Manmohan Singh
Dr. A. S. Deshpande
C. Rangarajan
Bimal Jalan
ExplanationDr. Manmohan Singh served as the first Chairman of the IBPS Governing Board while he was the Governor of the RBI.
To increase exam fees
To prevent organized crime and unfair means
To promote only online exams
To privatize all public services
ExplanationThis Act aims to curb malpractices and unfair means in public examinations conducted by authorized bodies like IBPS.
SEBI
IRDAI
PFRDA
RBI
ExplanationThe Insurance Regulatory and Development Authority of India (IRDAI) regulates the insurance sector.
RAM
Hard Drive
CPU
Monitor
ExplanationThe Central Processing Unit (CPU) is known as the brain of the computer because it processes all instructions.
Uniform Resource Locator
Universal Retrieval Language
Unified Request Link
United Resource Location
ExplanationA URL is the address used to access resources on the internet.
Random Access Memory
Read Access Memory
Random Application Memory
Read And Move
ExplanationRAM is the primary volatile memory in a computer.
Hard Disk
Monitor
CPU
Keyboard
ExplanationThe Central Processing Unit (CPU) performs the primary arithmetic, logic, and control operations of a computer.
A hardware component
Software that manages computer resources
An internet browser
A type of printer
ExplanationThe operating system acts as an interface between user software and computer hardware.
Monitor
Printer
Mouse
Speaker
ExplanationA mouse is used to provide input by clicking or moving a pointer.
.exe
.pdf
.png
.mp3
ExplanationPDF stands for Portable Document Format.
A virus scanner
A physical hardware barrier
A network security system
A graphical interface
ExplanationA firewall monitors and controls incoming and outgoing network traffic based on predetermined security rules.
To increase the number of questions
To ensure fairness and consistency across different test sessions
To speed up the exam process
To reduce the number of exam centers
ExplanationEquipercentile equating is a statistical method used to maintain comparability of scores across multiple versions or sessions of an examination.
Managing office security
Processing payroll
Designing and developing ability tests and answer keys
Handling legal matters
ExplanationThe D&A division is responsible for developing tests, validating items, and finalizing answer keys for result processing.
Managing office finances
Designing and developing test items
Maintaining building security
Handling legal matters
ExplanationThe D&A division is responsible for creating and validating test batteries and finalizing answer keys.
Increase the test difficulty
Ensure fairness across multi-session exams
Reduce the number of exam centers
Make the paper easier to read
ExplanationEquipercentile equating helps ensure that candidates are evaluated fairly even if different test sessions have varying difficulty levels.
Client Relations
Research & Development
Technology Support Services (TSS)
Administration
ExplanationTSS handles online application data, examination processing, and result generation.
Money, Fame, Power
Speed, Accuracy, Confidentiality
Innovation, Hard work, Luck
Service, Profit, Growth
ExplanationThese are the traditional core values established by the founder Director Dr. A.S. Deshpande.
Paper-based basic math tests
Simulation-based assessments and Assessment Centres
Physical fitness tests
Language translation services
ExplanationThe R&D division focuses on managerial potential through simulation-based tools like Group Exercises and Assessment Centres.
Technology Support Services
Financial & Allied Services (F&AS)
Client Relations
Administration
ExplanationThe F&AS division includes a section dedicated to coordinating candidate grievance redressal.
Director of IBPS
Chairman of IBA
Governor of RBI
Finance Secretary
ExplanationThe Director of the Institute is the Executive Head and Member Secretary of the Governing Board.
Frequently Asked Questions
Are these Banking and Financial Services Recruitment MCQs free?
Yes. Every Banking and Financial Services Recruitment MCQ on this page is free to practice, including the correct answer and explanation.
Do these include past-paper questions?
Yes — questions sourced from past papers are clearly marked with a "Past Paper" badge, alongside fresh practice questions.
Which exams do these Banking and Financial Services Recruitment MCQs help with?
They are aimed at Institute of Banking Personnel Selection and related Pakistani competitive exams that test Banking and Financial Services Recruitment.
How should I practice subject-wise MCQs?
Attempt each question first, then reveal the answer and read the explanation. Short, focused sessions on one subject work better than long unstructured reading.