The present study investigates the information needs of university students engaged in preparing for competitive examinations. Investigating the format and kinds of information sources highly considered by competition inclined students the study identifies the factors the library should consider while selecting information sources from the perspective of competition inclined students. Collecting data using a structured questionnaire, the study reveal that the majority of the respondents consider both print and electronic format of information sources. The competition inclined students use books the most, followed by newspapers, magazines and scholarly journals, Similarly, the most considerable challenges emerged to be ‘relevant information scattered in several information sources’, ‘unavailability of required material in the library’ and ‘expensive cost of information sources’ by respondents. The study has implications for the academic librarians involved in designing the collection development policy and helps them in improving the understanding about the challenges faced by the competition inclined students.