Successful Interviews What questions to expect…

Successful Interviews

What questions to expect…

www.empowercareer.com

Personal Questions

Introduce yourself (Prepare it real good!)Meaning of Name Hobbies (can go in detail; like “What is the

length of a basketball court?” !) Family background (“Why didn’t you join

your father’s business?”)


Personal Questions

Understanding of local geography (“What is your city famous for?”)

Details of your current / last job, if employed

Whether appeared / shortlisted / selected earlier?


Personal Questions

Ready for rural posting? How will you adjust?

How will you go about marketing various products of this bank?

Why bank? (esp if your background is not commerce)

Strengths / Weaknesses (not very likely)


Questions on Banking

Short forms: Full forms and short explanationAMC, ASBA, ATM, CAR, CASA, CBS, CC, CPI, CRR, CTS, FD, FDI, FII, GDP, GNP, IFSC, IMF, IRDA, KYC, L/C, LIBOR, MIBOR, MICR, MoU, MSF, NABARD, NAV, NBFC, NEFT, NPA, NRE, NRI, NRO, OD, PIN, PLR, RBI, RRBs, RTGS, SEBI, SLR, SME, TDS, VAT, WPI, WTO



Bank Operations: What is a bank? What are its main operations? Why KYC? What all different operations can I do at an

ATM? Who can open a Savings Account or Current

Account?



Bank Operations: What is an at-par cheque? What is the difference between a

cheque, a demand draft and a banker’s cheque?



Bank Operations: What is Net Banking? What is mobile

banking? What is E-corner (kiosks set up by

SBI) What is Microfinance?



Bank Operations: What are the risks of Internet Banking? How is technology useful in Banking? What are the different types of loans? What is a Secured Loan? Unsecured loan? What is the difference between Fixed

Deposit and Recurring Deposit?



Bank Operations: How is NPA calculated? What are the

norms for NPA? Are there types of cheques? How is Bio-metrics used at ATMs? CRR, SLR: How will changes in these two

affect the banking operations?



Bank Operations: Difference between Joint Account holder

and nominee? Who is a minor? Can a minor open or

operate an account? What are the activities of a bank apart

from deposits and loans? Explain difference: RTGS and NEFT



Bank Operations: What is plastic money? What is proxy banking? What is the maximum period for which a

cheque / DD is valid? What is a stale cheque? What is the difference between a Credit

Card and a Debit Card?


Other Questions

What is the role of the RBI in the banking industry?

Can I open an account in the RBI? What is a clearing house in banks? What is a Repo Rate? Why the name

“Repo”? What is a Reverse Repo Rate?


Other Questions

How can public sector banks compete

with private sector banks? What is monetary policy? Who prints the currency notes? What are the security features of a

currency note?


Other Questions

What is financial inclusion?What is Banking Ombudsman?How does a Credit Card actually work?Does a Credit Card make any profit for the

bank? What is money laundering?


Other Questions

What is Forex? What is Sensex? What is Balance of Trade? What is a budget? Major provisions in the

latest budget? Visits by VIPs to India and from India


Miscellaneous GK

Names of top officialsPrime Minister, President, Vice-President,

CM of your state, Education minister, Finance Minister, Defence Minister, Home Minister (State + India), RBI Gov and Dy Gov, SEBI, IRDA and other bank heads, Finance Secretary, Mayor of your city,


Personal Questions

Not commonly asked What is your goal in life? Do you think your goal in life will be

achieved by working with a bank? How? How would handle the pressure of

counting notes when you are a cashier? What is your experience with your bank?


This was just an indicative list and not exhaustive. Prepare as much you can.

Hard work and faith can move mountains!


Best of luck!


Documents

Successful Interviews What questions to expect…