The IBPS Clerk exam is a competitive test conducted by the Institute of Banking Personnel Selection to recruit clerical staff for various public sector banks in India. It assesses candidates on subjects like reasoning, English language, quantitative aptitude, and general awareness. Successful candidates are placed in roles that involve customer service, account management, and administrative tasks within banks. The exam is held annually, and aspiring candidates must meet specific eligibility criteria, including educational qualifications and age limits, to apply.