banking interview

Banking Interview

Kalpak Academy, Aurangabad.

Interview Day 1

You will get most benefits from this slides if you approach reading it with pen and paper to hand. This slides contain questions and you start your interview preparation by writing out how would you respond to them.

Read each question carefully. Pause it and write your answer then play for next page.

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You will get most benefits from this slides if you approach reading it with pen and paper to hand. This slides contain more questions and you start your interview preparation by writing out how would you respond to them.

1

Interview

Kalpak Academy, Aurangabad. - 7276 70 2758

The word interview means sight between or view between. It is an encounter or meeting between two parties, the employer and the candidate in the present context. It is a med at giving the recruiter an opportunity to have a view or sight of the employer. The employers purpose during the interview is to find out how and what extent an applicant can be useful to him and his company.

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Interview


On the other hand, the applicant has an opportunity during the interview to know how the employer and his company can serve his interests in terms of salary, allowances, job-satisfaction, future promotions etc. the employer is interested to know your aptitude, qualification, experience, motivation, ambitions, confidence etc

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Interview


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An intervies is a candidates personality test when the interviewers try to assess the interviewees physical aspects, attitudes, aptitude, common intelligence, general knowledge etc.

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Purpose of the interview is to gather information about you, so they can determined weather or not you are best person for job.

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Preparation for the interview


You should put your heart, soul and body into the preparation. Time is treasure, it is money, may be more than money, and so not a moment should be wasted.

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The Interview Scales


Qualification

Skills,

Experience

Strengths

Confidence,

Motivation, Trustworthy, Culture, Communication,

leadership, Interpersonal skills

Other candidate

Gaps

, CV,

Score

Reasons why you may not be selected.

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Questions on Banking Terms


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2. Type of Banks?

What is bank?

Bank is financial institution which accept deposit from the public for the purpose of lending.


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Type of Banks

Nationalized Bank

Private Banks

Foreign Banks

Regional Rural

Bank s

Co-operative Banks

Industrial Banks

Q.3 What is nationalized Bank?

Bank which are owned and run by government of India are called as nationalized Bank.

Example: Canara Bank, Syndicate bank, Vijaya bank etc.

There are 20 nationalized banks.

State bank of India has got 7 subsidiaries they are State bank of Hyderabad, State bank of Mysore, State bank of Travancore, State bank of Indore, State bank of Sourashtra, State bank Bikaner, State bank of Jaipur.

Q.4 When banks are nationalized

Ans. In 1969: 14 banks were nationalized.

In 1980:6 banks were nationalized.


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Q.5 What is private Banks?

Bank which are owned and run by individuals are called private banks.

Example: karnataka bankm karuruysya bank, lakshmivilas bank etc.

Q. 6 What are foreign Banks?

Bank which are foreign originated (based) are called foreign banks. Ex. Citi bank, Yes bank etc.


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7. What is RBI, when it is established and what are its functions?

Ans: RBI means Reserve Bank of India

RBI established in 1935, its head office in mumbai. Present Governor of RBI ________________

Its Functions:

Issues currency notes

Acts as bankers bank

Maintains foreign exchange reserves

Maintains CRR and SLR

RBI is also called as bankers bank, because all banks will a/c with RBI. It provides funds to all banks hence it is called as Bankers Bank


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8. What is RRBs (Regional rural banks?)

Ans. Main purpose of RRBs is to improve banking habit in rural areas and save formers from money lenders.

RRBs works under supervision of NABARD(National Bank for agriculture and Rural Development).

NABARD head office is at MUMBAI.

Example of RRBs: Pragathi grameena bank, Rayalaseema grameena bank etc.

Every grameena bank is soponsered by a nationalised bank.

Example: Pragathi grameena bank is sponsored by canara bank

Share capital in RRBs

Central government: 50%

Sponsored bank:35%

State government:15%


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9. What are co-operative banks?

Ans. The main purpose of co-operative banks is to co-operate small scale industries, and to provide small loans.

10. What are industrial banks?

Ans. The main purpose of industrial banks is to provide big loans to large scale industries.

Example: IDBI bank, Industrial bank of india etc.


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11. Types of accounts in banks?

Savings Bank account [SB A/C] :The main purpose of SB a/c is to encourage small saving from the public. Interest paid on SB a/c is 3 percent. Any individual can open SB a/c. An Indian residing at abroad can open a NRI a/c. NRI represents non resident Indian.

Current account [C a/c]: its running and active account. No interest is paid on current a/c. current account can be opened on firm names. Even individuals can also open current a/cs. But on firm names you cannot open SB a/c.

Fixed Deposit account[FD a/c]: amount is kept for fixed period. Higher rate of interest will be paid on this a/c.

Recurring deposit account [RD a/c]: A fixed amount can be deposited in monthly installment interest rate same as fixed deposit.


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Accounts in Banks

SB a/c

C. a/c

FD a/c

RD a/c

12. What is check?

Ans. Check s a negotiable instrument containing conditional order to pay sum of money to the person mentioned on it or to the bearer of the instrument.


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13. What is crossing?

Ans. Two parallel lines drawn on the top left corner of the check.

14. What is account payee check?

Ans. Account payee check can be routed only through accounts.

15. What is post dated check?

Ans. The date on the check beyond todays date then check become post dated.


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16. What is stale check?

Ans. Check is valid for six months. If the date on the check is before six months, then c


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Which bank is called as central bank?

Ans. RBI is also called as central bank.

What is Reverse Repo rate?

Ans the rate at which RBI pays interest to the banks.

Present Reverse Repo rate ____%.

What is internet banking?

Ans.: Banking through internet.


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What is credit card?

Ans. Credit card is plastic instrument that can be used for purchase of goods and services. You can buy the services and then pay the cash the bank. Limits will be fixed based on the net worth of the customer.

Leading credit cards: VISA, Master

What is debit cum ATM card?

Ans. The customer can deposit and withdraw cash by means of magnetic ATM card.

What is ATM?

Ans. Automatic Teller Machine.


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What is an NRI a/c?

Ans. NRI stands for Non Resident Indian. An Indian who is residing in abroad can open an SB a/c in indian banks. These accounts are called NRI a/c.

What is CRR and SLR?

Ans. CRR: Cash Reserve Ratio - it is the ratio of physical cash that every bank has to keep with RBI.

SLR: Statutory Liquidity Ratio It is the ratio of liquid assets that every bank has to keep with RBI

What is PLR and BPLR

Ans. PLR Prime lending Rate

BPLR Basic Prime Lending Rate

What is inflation?

Ans. It is state where money loose the value hence prices will go up or Decreasing the value of Money.

What is deflation?

Ans. It is opposite to inflation. Money will have more vale. Here the products looses the value.


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What is RTGS and NEFT?

Ans. RTGS: Real time Gross Settlement.

NEFT: National Electronic Fund Transfer.

These two are the two methods through which funds can be transferred from one bank to another bank.

What is NPA?

Ans. NPA:Non Performing Asset: When a loan becomes bad then it become NPA.

What is online banking?

Ans. Nothing but any where banking. A customer can operate his account from any branch of a particular bank.

Know about the bank for which you are attending the interview


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What excite you?

What important to you about your career?

Why you applied for this job?

What do you know about this bank (IBPS Group etc)?

What suggestion do you have for our company?


What motivates you?


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It is important that you develop your own answer based on your experiences and achievement.


General Questions

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Why do you choose banking as your career?

_____________________________________

_____________________________________

_____________________________________

Are you ready to work in rural place?

_____________________________________

_____________________________________

What are your strengths and weaknesses?

_____________________________________

_____________________________________

Pause it and write your answer then play for next page.


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Ten years down the line where would you see yourself?

Do you read news paper? What is todays news?

Why should we give this job to you?



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It is important that you develop your own answer based on your experiences and achievement.


Personal


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Personal

Where were you born?

What is your most interesting childhood memory?

Who has influenced you the most?

Who is your political/historical hero or role model?



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Personal

What is your ambition as professional?

What is the most memorable experience of your life?

Of your parents who has more influence and impression on you, your mother or father?

Pause it, think it and write your answer then play for next page.


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Please introduce yourself. OR tell me something about yourself.


Name

Place

Graduation (If you first class or above)

Computer Certificates

Work experience

Notable achievement

Should not Mention : Hobby, family members & their occupation etc.

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What is the meaning of your name?


Prepared in advance

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Background

Which state do you belong to?

Give some cultural highlights of your state?

Which city/town do you belong to?

What is your capital city famous for?

What are the main current problems of your state?



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Education


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Education


Which school/college did you attend?

____________________________________________

What were your subjects?

____________________________________________

What has been your favorite subject and why?

____________________________________________

What has been your specialization?

____________________________________________

What were your optional subjects at degree level?

____________________________________________

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Education


What is your idea of ideal teacher?

____________________________________________

____________________________________________

Were you ever punished rightly or wrongly by your teacher? Should such punishment continue in school?

____________________________________________

Do you think it is proper to link degrees to employments.

____________________________________________

____________________________________________

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Education


Which game did you play in school/college?

____________________________________________

How do extra curricular activities help in the development of a students personality?

____________________________________________

____________________________________________

What should be done to promote business and product

____________________________________________

____________________________________________

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Verbal Communication


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Communication

Verbal Communication

Spoken wordsWords as Express eg. TonesFasical expression7.0000000000000034E-20.380000000000000620.55000000000000004

Dos & donts of Body Language


Handshake

Facial Expression

Upright posture

Open body Language

Visible hands

Eye Contact

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Dos & donts of Body Language


Dont pay any attention to interviewers body language

Determined your personal brands

Do a quick body languages check during the interview.

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Punctuality


Late signifies a lack of professionalism

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Social media


Our social brand is our social media presence.

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Strategies for managing nerves

Purposeful Visualization

Closed your eyes, imagine, as best you can, every aspect of the interview.

You know what you will wearing to the interview

You know how to traveling to interview

You may know where the interview being held, so you can visualize yourself walking into the building or room.

so on

Pause it, think it and then play for next page.


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Refocusing on mind

What is the best can happen?

____________________________________________

____________________________________________

____________________________________________

Whats like happen?

____________________________________________

____________________________________________

____________________________________________

____________________________________________

Pause it, think it and write your answer then play for next page.


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How can I learn from this?

____________________________________________

How can I enjoy this experience?

____________________________________________

How can I motivation during the interview?

____________________________________________

How can I remain confidant, yet relaxed throughout the interview?

____________________________________________



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How to overcome Fear

Be optimistic, think positive and prepare well; have mock interview before a sample board. Think that the panelists on the board are expert, knowledgeable, experienced and people like you.

Pause it, think it and write next question then play for next page.


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They are there to evaluate your saleability, personality, qualifications in order to offer you the job and not to find fault with you, or pick holes in your coat.

They are human being.

They have to be patient, tolerant and hear the answer and viewpoints of the candidates.

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(Positive Thinking)

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English or Hindi

Go for Mock Interview

. . .

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(Dress)

Kalpak Academy,

Aurangabad. - 7276 70 2758

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(Well fitting) . , , . . .

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Appearance & Grooming


Be relaxed and natural and have a good rest on the day before the interview.

Pay proper attention to your personal appearance, dress, manners etc.

Have your hair cut at least a week before the interview.

See that your finger nails are properly pared be smart, matching, neat and clean.

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(Dress)


:-

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.

,

.

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(Dress)


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(Hobby)


.

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Changing the thinking habit requires conscious efforts.

During an interview, it is not just what you say, but how you say that is important.


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Best of Luck

For Guidance/Feedback contact to us - 07276 70 2758

New Osmanpura, Near Sant Ekanth rang mandir, Aurangabad

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learn the next step tomorrow

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