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🔥 PLATINUM SERIES 2.0 | VOL. 191

📅 8 OCTOBER 2026 | THURSDAY

🎯 TARGET: IBPS PO • IBPS Clerk/CSA • IBPS RRB • BANKING ASPIRANTS

⏱️ TIME: 15 MINUTES

📝 QUESTIONS: 20

🎯 MARKS: 20

❌ NEGATIVE MARKING: 0.25 MARK FOR EACH WRONG ANSWER

🧠 IBPS PRELIMS INTELLIGENCE MOCK

Q1. What is the new policy repo rate announced by the RBI after the October 2026 MPC meeting:

A. 5.50%

B. 5.25%

C. 5.75%

D. 5.00%

E. 6.00%

Q2. What policy stance did the RBI's Monetary Policy Committee adopt in October 2026:

A. Neutral

B. Calibrated tightening

C. Accommodative

D. Withdrawal of accommodation

E. Expansionary

Q3. According to the RBI's October 2026 Monetary Policy Statement, India's real GDP growth for 2026–27 is projected at:

A. 6.8%

B. 6.9%

C. 7.1%

D. 7.5%

E. 7.8%

Q4. After the October 2026 increase in the Bank Rate, what penal interest rate applies when the rate is linked to Bank Rate plus 5 percentage points:

A. 8.50%

B. 9.75%

C. 10.25%

D. 10.75%

E. 11.00%

Q5. The Credit Risk-o-Meter introduced by SEBI is primarily associated with:

A. Equity mutual funds

B. Foreign exchange transactions

C. Insurance policies

D. Agricultural commodities

E. Debt securities

Q6. The ratio of two numbers is 3:5 and their sum is ₹6,400. What is the larger number:

A. ₹4,000

B. ₹3,600

C. ₹3,800

D. ₹4,200

E. ₹4,500

Q7. A bank employee purchases an article marked at ₹8,000 after receiving a discount of 15%. What amount does the employee pay:

A. ₹6,600

B. ₹6,800

C. ₹7,000

D. ₹7,200

E. ₹7,400

Q8. The average of five consecutive multiples of 3 is 42. What is the largest number:

A. 42

B. 45

C. 48

D. 51

E. 54

Q9. What amount will be payable after 2 years on a principal of ₹12,000 at 7.5% simple interest per annum:

A. ₹13,500

B. ₹13,600

C. ₹13,700

D. ₹13,800

E. ₹14,000

Q10. A train covers a distance of 450 km in 6 hours. What is its average speed:

A. 65 km/h

B. 70 km/h

C. 72 km/h

D. 74 km/h

E. 75 km/h

Q11. Five persons P, Q, R, S and T are standing in a row. S is at the extreme left. Q is immediately right of S. R is immediately right of Q. T is immediately right of R. Who is standing at the extreme right:

A. P

B. Q

C. R

D. S

E. T

Q12. Statements:

All managers are employees.

Some employees are officers.

Conclusions:

I. All managers are employees.

II. Some managers are officers.

Which conclusion logically follows:

A. Only II

B. Only I

C. Both I and II

D. Neither I nor II

E. Either I or II

Q13. If each letter of a word is shifted two positions forward in the English alphabet, BANK is coded as DCPM. Using the same rule, how will LOAN be coded:

A. MQBO

B. NPBO

C. NQCP

D. NQBP

E. MPAN

Q14. A is the sister of B. B is the father of C. How is A related to C:

A. Mother

B. Sister

C. Grandmother

D. Aunt

E. Daughter

Q15. A person walks 10 metres north, then 6 metres east, and finally 10 metres south. In which direction is the person from the starting point:

A. North

B. South

C. North-East

D. West

E. East

Q16. Identify the part of the sentence that contains an error:

“Each of the bank branches have received the circular.”

A. have received

B. Each of the

C. the bank branches

D. the circular

E. No error

Q17. Choose the word most similar in meaning to “meticulous”:

A. Careless

B. Thorough

C. Impulsive

D. Negligent

E. Casual

Q18. Fill in the blank with the most appropriate preposition:

“The bank is committed ___ providing efficient customer service.”

A. for

B. with

C. to

D. by

E. at

Q19. Identify the part of the sentence that contains an error:

“The manager as well as the officers were present at the meeting.”

A. The manager as well as

B. the officers

C. at the meeting

D. were present

E. No error

Q20. Choose the correctly spelt word:

A. Accomodation

B. Acommodation

C. Accommadation

D. Accomodation

E. Accommodation

ANSWER KEY

Q1. A

Q2. B

Q3. C

Q4. D

Q5. E

Q6. A

Q7. B

Q8. C

Q9. D

Q10. E

Q11. A

Q12. B

Q13. C

Q14. D

Q15. E

Q16. A

Q17. B

Q18. C

Q19. D

Q20. E

🎯 QUICK RECALL

Repo Rate: 5.50%

SDF: 5.25%

MSF: 5.75%

Bank Rate: 5.75%

RBI Stance: Calibrated Tightening

FY27 GDP Projection: 7.1%

FY27 CPI Inflation Projection: 5.2%

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✅ Current Affairs & RBI Regulatory Updates

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🎯 Don't just read current affairs — practise them in exam format.

👉 Join IBR Premium Learning & Practice and strengthen your preparation every day.

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🎯 TODAY'S ACTION

Attempt this mock in 15 minutes without referring to notes.

Then check your score and identify your weakest section.

IBR — Read • Revise • Practise • Perform.

🌾 INDIAN BANKING RADAR

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