100+ Free IIFCL Grade A Practice Questions

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2026 Statistics

Key Facts: IIFCL Grade A Exam

150 Q

Online objective questions (200 marks)

IIFCL Advt. IIFCL/HCM/2026/04

120 min

CBT duration (60 + 60 minutes)

IIFCL Advt. IIFCL/HCM/2026/04

1/4

Negative marking of marks assigned

IIFCL Advt. IIFCL/HCM/2026/04

40:60

Online exam : Interview merit weightage

IIFCL Advt. IIFCL/HCM/2026/04

₹600 / ₹100

Application fee others / SC-ST-PwBD

IIFCL Advt. IIFCL/HCM/2026/04

IIFCL Grade A CBT is 150 MCQs / 200 marks / 120 minutes (Test I aptitude 100 Q; Test II domain 50 Q at 2 marks each) with 1/4 negative marking. Interview weightage is 60% of final merit (40:60 with CBT). Fees: ₹600 / ₹100 (SC/ST/PwBD).

Sample IIFCL Grade A Practice Questions

Try these sample questions to test your IIFCL Grade A exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1In a certain code, FINANCE is written as GJOBODF. How is CREDIT written in that code?

A.DSFEJU

B.DQDDSU

C.BQDDIU

D.DSFEIT

Explanation: Each letter shifts one place forward: C→D, R→S, E→F, D→E, I→J, T→U, giving DSFEJU — the same +1 pattern that turns FINANCE into GJOBODF.

2Find the next term in the series: 7, 10, 16, 28, 52, ?

A.100

B.94

C.88

D.76

Explanation: Each term ≈ previous × 2 − 4: 7×2−4=10, 10×2−4=16, 16×2−4=28, 28×2−4=52, 52×2−4=100.

3Pointing to a photograph, Ravi says, 'She is the daughter of my grandfather's only son.' How is the person in the photograph related to Ravi?

A.Sister

B.Cousin

C.Mother

D.Aunt

Explanation: Ravi's grandfather's only son is Ravi's father; that man's daughter is Ravi's sister.

4If SOUTH is coded as 19-15-21-20-8, how is NORTH coded using the same letter-position rule?

A.14-15-18-20-8

B.13-15-18-20-8

C.14-14-18-20-8

D.14-15-17-20-8

Explanation: Letters map to alphabetical positions: N=14, O=15, R=18, T=20, H=8.

5Statements: All bonds are securities. Some securities are equity. Conclusions: I. Some bonds are equity. II. Some securities are bonds. Which follows?

A.Only II follows

B.Only I follows

C.Both follow

D.Neither follows

Explanation: All bonds are securities ⇒ some securities are bonds (II). 'Some securities are equity' does not force any bond to be equity (I fails).

6A is taller than B but shorter than C. D is shorter than B but taller than E. Who is the tallest?

A.C

B.A

C.B

D.D

Explanation: Order: C > A > B > D > E, so C is tallest.

7Five friends sit in a row facing north. P is to the immediate left of Q. R is at one end. S sits between Q and T. R is immediate neighbour of P. Who sits in the middle?

A.Q

B.P

C.S

D.T

Explanation: End R next to P, then Q, then S, then T: R-P-Q-S-T. The middle seat is Q.

8Which number should replace the question mark? 2, 6, 12, 20, 30, ?

A.42

B.40

C.36

D.44

Explanation: Differences are +4, +6, +8, +10, so next +12 → 30+12=42 (also n(n+1): 1×2, 2×3, …, 6×7=42).

9If the day before yesterday was Thursday, what day will it be the day after tomorrow?

A.Monday

B.Sunday

C.Tuesday

D.Saturday

Explanation: Day before yesterday = Thursday ⇒ yesterday Friday ⇒ today Saturday ⇒ tomorrow Sunday ⇒ day after tomorrow Monday.

10In a queue, A is 12th from the front and 18th from the rear. How many people are in the queue?

A.29

B.30

C.28

D.31

Explanation: Total = position from front + from rear − 1 = 12 + 18 − 1 = 29.

About the IIFCL Grade A Exam

The IIFCL Assistant Manager (Grade A) online examination is Phase I of recruitment for officers at India Infrastructure Finance Company Limited, a wholly owned Government of India company that provides long-term finance for viable infrastructure projects. Per Advt. No. IIFCL/HCM/2026/04, the CBT is a single paper of 200 marks in two timed tests: Test I (100 Q / 100 marks / 60 minutes) covering Reasoning, Quantitative Aptitude, English Language, and Current Affairs related to the Financial Sector (25 each), and Test II Domain Knowledge (50 Q / 100 marks / 60 minutes) on project finance, corporate banking/treasury, management, risk, governance, accounting/taxation, Indian economy, banking/FIs, and RBI/SEBI/NBFC/NPA topics. Wrong answers attract 1/4th of the marks assigned to the question. Shortlisted candidates face a technical and behavioural interview (100 marks); final merit uses Online Examination : Interview weightage of 40:60. Application fee is ₹600 for others and ₹100 for SC/ST/PwBD.

Assessment

Test I (60 min): Reasoning 25, Quantitative Aptitude 25, English Language 25, Current Affairs related to Financial Sector 25 — 100 Q / 100 marks (1 mark each). Test II (60 min): Domain Knowledge 50 Q / 100 marks (2 marks each). Negative marking 1/4th of marks assigned. Interview (Phase II) 100 marks; Online Exam : Interview = 40:60.

Time Limit

120 minutes (60 + 60)

Passing Score

Aggregate cut-off for interview shortlist decided by IIFCL each cycle; candidates must also rank sufficiently high after 40:60 CBT+interview merit

Exam Fee

₹600 (UR/EWS/OBC); ₹100 SC/ST/PwBD (intimation charges) (India Infrastructure Finance Company Limited (IIFCL), a wholly owned Government of India enterprise)

IIFCL Grade A Exam Content Outline

17%

Reasoning Ability

Coding-decoding, series, syllogism, seating, ranking, directions, and logical deduction aligned to Test I Reasoning (25 Q official)

17%

Quantitative Aptitude

Percentages, ratio, interest, averages, time-work, speed-distance, mensuration, and related arithmetic for Test I Quant (25 Q official)

16%

English Language

Grammar, vocabulary, error spotting, idioms, and sentence skills for Test I English (25 Q official)

17%

Current Affairs — Financial Sector

RBI/SEBI/NBFC, monetary policy, AIFIs, NPA basics, and IIFCL/infrastructure awareness for Test I CA (25 Q official)

33%

Domain Knowledge

Project finance, corporate banking/treasury, risk, governance, accounting/taxation, Indian economy, banking system, and regulatory topics for Test II (50 Q / 100 marks official)

How to Pass the IIFCL Grade A Exam

What You Need to Know

Passing score: Aggregate cut-off for interview shortlist decided by IIFCL each cycle; candidates must also rank sufficiently high after 40:60 CBT+interview merit
Assessment: Test I (60 min): Reasoning 25, Quantitative Aptitude 25, English Language 25, Current Affairs related to Financial Sector 25 — 100 Q / 100 marks (1 mark each). Test II (60 min): Domain Knowledge 50 Q / 100 marks (2 marks each). Negative marking 1/4th of marks assigned. Interview (Phase II) 100 marks; Online Exam : Interview = 40:60.
Time limit: 120 minutes (60 + 60)
Exam fee: ₹600 (UR/EWS/OBC); ₹100 SC/ST/PwBD (intimation charges)

Keys to Passing

Complete 500+ practice questions
Score 80%+ consistently before scheduling
Focus on highest-weighted sections
Use our AI tutor for tough concepts

IIFCL Grade A Study Tips from Top Performers

1Treat Test II as half the CBT marks — every domain question is worth 2 marks versus 1 mark in Test I.

2Practise under separate 60-minute clocks for Test I and Test II; do not rely only on untimed topic drills.

3Account for 1/4 negative marking: skip low-confidence guesses, especially on 2-mark domain items.

4Build a financial-sector CA notebook covering RBI policy tools, SEBI basics, NBFC scale-based regulation, and AIFIs.

5For project finance, master SPV, DSCR, escrow waterfalls, PPP/concessions, and take-out financing vocabulary.

6Remember final merit is 40% CBT + 60% interview — technical depth and behavioural readiness matter as much as mocks.

7Read the latest IIFCL advertisement for your stream's education/experience cut-offs before applying.

Frequently Asked Questions

What is the IIFCL Assistant Manager (Grade A) exam?

It is the Phase I online objective examination used by India Infrastructure Finance Company Limited to shortlist candidates for Assistant Manager (Grade A) posts, followed by a technical and behavioural interview.

What is the IIFCL Grade A exam pattern?

Test I: 100 questions / 100 marks / 60 minutes (Reasoning, Quant, English, Financial Current Affairs — 25 each). Test II: Domain Knowledge 50 questions / 100 marks / 60 minutes. Total 150 questions, 200 marks, 120 minutes.

Is there negative marking?

Yes. Advt. IIFCL/HCM/2026/04 states negative marking of 1/4th of the marks assigned to the question for wrong answers in the online examination (1 mark questions lose 0.25; 2 mark domain questions lose 0.5).

How much is the application fee?

Others (including UR/EWS/OBC) pay ₹600 (examination fee and intimation charges). SC/ST/PwBD candidates pay ₹100 (intimation charges only).

What is the interview weightage?

The interview is of 100 marks. Final merit uses Online Examination (Phase I) : Interview (Phase II) weightage of 40:60.

What topics are in Domain Knowledge?

Indicative syllabus includes project finance; corporate banking and treasury; general management; risk management; corporate governance in banking; accounting and taxation; Indian economy; financial/banking system and institutions; latest RBI/SEBI circulars and NBFC/NPA/project-finance guidelines; and IIFCL/infrastructure sector awareness.

Who conducts IIFCL recruitment?

India Infrastructure Finance Company Limited (IIFCL), a wholly owned Government of India enterprise set up in 2006 for long-term infrastructure finance. Applications and updates are published on www.iifcl.in.

Is there a fixed passing percentage?

No single published pass mark. Candidates must secure minimum aggregate marks as prescribed by IIFCL for interview shortlisting and then rank high enough on the combined 40:60 merit list.

Where do I apply?

Applications are accepted online through the IIFCL website (www.iifcl.in) during the dates given in the advertisement.