INDIAN BANKING RADAR (IBR) - IBPS PRELIMS + BANKING INTELLIGENCE MOCK

🔥 PLATINUM SERIES 2.0 | VOL. 184

📅 1 OCTOBER 2026 | THURSDAY

⚡ DAILY 15-MINUTE INTELLIGENCE TEST

🎯 TARGET: IBPS PO • IBPS CLERK/CSA • RRB

🏦 20 QUESTIONS | 20 MARKS | 15 MINUTES

❌ NEGATIVE MARKING: 0.25 MARK FOR EACH WRONG ANSWER

⭕ NO PENALTY FOR UNATTEMPTED QUESTIONS

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Q1. The revised RBI framework on interest rates on deposits comes into effect from:

A. 1 September 2026

B. 15 September 2026

C. 30 September 2026

D. 1 October 2026

E. 15 October 2026

Q2. The Bankers' Books Evidence Act, 2026 replaces which earlier legislation:

A. Bankers' Books Evidence Act, 1891

B. Banking Regulation Act, 1949

C. Reserve Bank of India Act, 1934

D. Indian Evidence Act, 1872

E. Negotiable Instruments Act, 1881

Q3. According to NPCI's August 2026 statistics, UPI transaction volume was approximately:

A. 22,716 million

B. 23,658 million

C. 24,509 million

D. 25,310 million

E. 21,945 million

Q4. India's Index of Industrial Production growth in August 2026 was:

A. 7.4%

B. 8.0%

C. 8.5%

D. 6.7%

E. 9.0%

Q5. The current RBI Standing Deposit Facility rate is:

A. 4.75%

B. 5.25%

C. 5.50%

D. 4.50%

E. 5.00%

Q6. The current RBI policy Repo Rate is:

A. 4.75%

B. 5.00%

C. 5.50%

D. 5.25%

E. 6.00%

Q7. The total OMO sale programme announced by RBI for September 2026 amounted to:

A. ₹1 lakh crore

B. ₹75,000 crore

C. ₹1.25 lakh crore

D. ₹50,000 crore

E. ₹90,000 crore

Q8. ECLGS 5.0 envisages additional credit flow of up to:

A. ₹1.50 lakh crore

B. ₹2.00 lakh crore

C. ₹2.55 lakh crore

D. ₹3.00 lakh crore

E. ₹1.75 lakh crore

Q9. TReDS primarily facilitates:

A. Foreign-exchange trading

B. Financing of trade receivables

C. Retail payment settlement

D. Government securities trading

E. Insurance premium collection

Q10. The proposed aggregate Ways and Means Advances limit for State Governments is:

A. ₹61,008 crore

B. ₹65,000 crore

C. ₹70,000 crore

D. ₹75,000 crore

E. ₹67,839 crore

Q11. A sum of ₹24,000 is divided between A and B in the ratio 7:5. What amount does A receive:

A. ₹14,000

B. ₹12,000

C. ₹15,000

D. ₹13,000

E. ₹16,000

Q12. A sum of ₹1,20,000 is invested at simple interest of 8.5% per annum for 18 months. What is the interest earned:

A. ₹12,750

B. ₹14,400

C. ₹15,300

D. ₹16,200

E. ₹18,000

Q13. The average of six numbers is 35. If five of the numbers are 27, 31, 34, 39 and 50, the sixth number is:

A. 29

B. 28

C. 30

D. 31

E. 32

Q14. Find the missing number in the following series: 3, 7, 15, 31, 63, ?

A. 125

B. 127

C. 129

D. 126

E. 128

Q15. If every letter of the word BANK is shifted two positions forward in the English alphabet, how will it be coded:

A. CBOL

B. DCPN

C. CBNM

D. EDRQ

E. DCPM

Q16. A person walks 8 metres north, turns right and walks 6 metres, then turns right and walks 8 metres. In which direction is the person from the starting point:

A. West

B. North

C. South

D. East

E. North-East

Q17. Statements: All auditors are officers. Some officers are managers. No manager is a trainee. Conclusions: I. Some officers are managers. II. Some officers are not trainees. III. All auditors are managers. Which conclusion(s) logically follow:

A. Only I

B. Only II

C. I and III only

D. I and II only

E. II and III only

Q18. Banks closely monitor liquidity conditions ________ they influence short-term interest rates:

A. although

B. unless

C. because

D. whereas

E. despite

Q19. Identify the part containing an error: Each of the branches / have submitted its report / to the controlling office / before the prescribed deadline.

A. Each of the branches

B. have submitted its report

C. to the controlling office

D. before the prescribed deadline

E. No error

Q20. The committee recommended that banks should ________ adequate liquidity buffers against unexpected funding pressures:

A. maintaining

B. maintained

C. maintains

D. maintenance

E. maintain

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🔑 ANSWER KEY

Q1.D

Q2.A

Q3.C

Q4.B

Q5.E

Q6.D

Q7.A

Q8.C

Q9.B

Q10.E

Q11.A

Q12.C

Q13.A

Q14.B

Q15.E

Q16.D

Q17.D

Q18.C

Q19.B

Q20.E

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🎯 IBR PLATINUM EXAM INTELLIGENCE

📌 TODAY'S MUST-REMEMBER FACTS

• Revised deposit-rate framework → 1 October 2026

• Bankers' Books Evidence Act → 2026

• Earlier Act → 1891

• August IIP → 8.0%

• August UPI volume → 24,508.96 million

• Repo Rate → 5.25%

• SDF → 5.00%

• MSF → 5.50%

• Bank Rate → 5.50%

• CRR → 3.00%

• SLR → 18.00%

• September OMO sales → ₹1 lakh crore

• ECLGS 5.0 → ₹2.55 lakh crore

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📚 1. PREPARATION TIPS

🎯 TIP 1 — MASTER THE RBI RATE CORRIDOR

SDF 5.00% < Repo 5.25% < MSF 5.50%

🎯 TIP 2 — DISTINGUISH LIQUIDITY TOOLS

SDF → Absorbs liquidity

VRRR → Absorbs liquidity

Repo → Injects liquidity

OMO Sale → Absorbs durable liquidity

OMO Purchase → Injects durable liquidity

🎯 TIP 3 — FOLLOW THE 15-MINUTE RULE

⏱️ 20 Questions | 15 Minutes

🚫 No Google

🚫 No calculator

After the test, review:

❌ Wrong answers

⚠️ Guessed answers

📚 Forgotten concepts

🎯 TIP 4 — MAINTAIN AN ERROR BOOK

Question → Mistake → Correct concept → Revision date

🎯 TIP 5 — CONVERT NEWS INTO QUESTIONS

For every major banking development:

WHO → WHAT → WHEN → AMOUNT/RATE → WHY IT MATTERS

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📊 2. SELF-ASSESSMENT

🟢 17–20 → Excellent

🟡 14–16 → Strong

🟠 11–13 → Needs more practice

🔴 Below 11 → Revise & retry

⭐ Accuracy matters more than blind attempts.

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🚀 3. YOUR DAILY IBR CHALLENGE

Before tomorrow's mock:

☑ Revise today's banking facts

☑ Rework every wrong answer

☑ Practise Quant

☑ Practise Reasoning

☑ Revise one RBI/Economy topic

☑ Attempt tomorrow's IBR Intelligence Mock

20 QUESTIONS × 30 DAYS = 600 QUESTIONS

Consistency beats occasional long study sessions.

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🔥 NEW: CIVIL SERVICES PRELIMS — DAILY 20

20 Questions • 20 Marks • 20 Minutes

Current Affairs + Static GS + UPSC-style MCQs

👉 Register with your email ID and start your 90-day FREE Premium access.

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▶️ 5. IBR YOUTUBE

🎥 SHORT • SHARP • EXAM RELEVANT

RBI • Banking • Economy • Fraud Awareness • Financial Literacy

👉 Subscribe to the IBR YouTube Channel.

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🌾 INDIAN BANKING RADAR (IBR)

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START TODAY.

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