Here’s a mock test (practice set) tailored for the Central Bank of India SO Recruitment 2026 to help you prepare for the online exam:
📊 Section 1: Professional Knowledge (Risk / IT / Finance)
Q1. What is Value at Risk (VaR)?
A. Measure of expected profit
B. Maximum loss over a period at given confidence level
C. Average return of portfolio
D. Risk-free return
👉 Answer: B
Q2. Basel III norms are related to:
A. Accounting standards
B. Banking regulation and capital adequacy
C. Taxation rules
D. Insurance policies
👉 Answer: B
Q3. Which of the following is used in Credit Risk Measurement?
A. Duration
B. Probability of Default (PD)
C. Sharpe Ratio
D. Beta
👉 Answer: B
Q4. In Cybersecurity, what does “Phishing” mean?
A. Data encryption
B. Fraudulent attempt to obtain sensitive information
C. Firewall protection
D. Secure login
👉 Answer: B
Q5. Asset Liability Management (ALM) deals with:
A. Marketing strategy
B. Balance between assets and liabilities
C. HR management
D. Customer service
👉 Answer: B
🧠 Section 2: Reasoning Ability
Q6. Find the missing number: 2, 6, 12, 20, ?
A. 28
B. 30
C. 32
D. 36
👉 Answer: B (Pattern: +4, +6, +8, +10)
Q7. Statement: All banks are institutions. Some institutions are risky.
Conclusion: Some banks are risky.
A. True
B. False
C. Cannot be determined
D. None
👉 Answer: C
Q8. Coding: BANK → DCQN, then RISK → ?
A. TKUM
B. TJSN
C. SKTL
D. UJTL
👉 Answer: A
📝 Section 3: English Language
Q9. Choose the correct sentence:
A. He don’t know the answer
B. He doesn’t knows the answer
C. He doesn’t know the answer
D. He not know the answer
👉 Answer: C
Q10. Synonym of “Mitigate”
A. Increase
B. Reduce
C. Ignore
D. Expand
👉 Answer: B
📈 Section 4: Banking & Finance Awareness
Q11. Repo Rate is decided by:
A. SEBI
B. RBI
C. NABARD
D. SBI
👉 Answer: B
Q12. NPA stands for:
A. Net Profit Asset
B. Non-Performing Asset
C. National Public Asset
D. Net Performing Asset
👉 Answer: B
⏱️ Mini Case-Based Question
Q13. A bank faces liquidity risk when:
A. It has too many customers
B. It cannot meet short-term obligations
C. It earns high profits
D. It reduces interest rates
👉 Answer: B
🎯 How to Use This Mock
Attempt within 15–20 minutes
Don’t check answers while solving
Analyze mistakes after completion
📌 Pro Tip
For the Central Bank SO exam, Professional Knowledge carries the highest weightage, so focus more on:
Risk Management concepts
Banking regulations (Basel norms)
IT & Cybersecurity basics