(Ibps) Interview Preparation (Part 3 of 5) Banking, Economy, Current Affairs, HR and GK Related Questions For Bankpo/Mt
(Ibps) Interview Preparation (Part 3 of 5) Banking, Economy, Current Affairs, HR and GK Related Questions For Bankpo/Mt
(Ibps) Interview Preparation (Part 3 of 5) Banking, Economy, Current Affairs, HR and GK Related Questions For Bankpo/Mt
Economy
Current
Articles
Studyplans
Downloads
1.
Prologue
2.
2.
Banking Theory
3.
4.
Banking Current
5.
3.
Economy related
4.
5.
HRM
6.
GK questions
Prologue
Total five articles on how to prepare for IBPS Bank Interviews
1.
Stop Feeling Guilty and Tell me about yourself, Stupid cutoffs and
Insecurities about Profile
2.
Why BankPO? Preparing the Sales Pitch: Career growth, job satisfaction,
negative factors, work-profile, Promotion, hierarchy, Sample Answers
3.
4.
5.
2.
Most important: What if youre posted in remote area far away from
your hometown? Are you ok with that? Will you be comfortable posted in
rural or naxal areas? Who will look after your family?
3.
What is guarantee that youll not leave banking sector? You seem too
young and confused to handle the job pressure here. (Yes, theyve asked this
in past!)
4.
If youre a branch manager, how will you increase the profit of the branch?
How will you attract more customers? (Hint: Branch manager is not a door to
door salesman. his strategy has to be bigger.)
5.
If bank introduces a new home loan product, how will you sell it? (Hint:
Contact builders and real estate developers of the city, free publicity through
social networking site, pamphlets etc.etc.)
6.
7.
What are three points that make you better banker than people sitting
outside?
8.
What is the most recent bank related advertisement youve seen. And
what do you think about it? Was it attractive or was it poorly designed?
9.
10.
11.
Assume that you have been selected and after you probation period you
are posted somewhere in India as a Branch Manager and Branch is in not a
good position. What steps you will take to bring it on right path?
12.
13.
A poor person has come, he has no documents for KYC form but he
wishes to open account.
b.
c.
1.
That is RBI.
Name of CMD.
b.
c.
d.
e.
Banking Theory
First revise all the Banking topics that you had already prepared for the IBPS
written exam. List is given here:
http://mrunal.org/2013/09/studyplan-ibps-cwe-pomt-general-awareness-gabanking-awareness-computer-awareness-priority-topics-trendanalysis.html#min
2.
3.
4.
[Economy] Cash Reserve Ratio (CRR) Controversy between SBI & RBI:
meaning, implication on Economy Explained
5.
6.
7.
8.
9.
10.
11.
12.
After this, if time is left, you can go through remaining summaries of Economy
surveys, IIP, Fiscal deficit, GAAR, DST and many other topics related to finance
and taxation. Available on Mrunal.org/Economy
Banking Current
List is long, but you need to have some idea on following hot topics:
1.
2.
3.
Banking licensing for new banks. its impact on public sector banks. GK
things like committee is headed by the former RBI Governor Bimal Jalan.
4.
5.
6.
All India womens bank and GK related to it (e.g. dress code is yello-blue
saree, Usha Ananthasubramanian is chairperson, what is the corpus, how
much % owned by government etc.)
7.
That in December, RBI did not change policy rates despite rise in inflation.
Was it the right decision?
8.
That recently Axis banks FDI limit is raised to 62%. Is this good / bad for
banking sector? Are we risking a sub-prime crisis situation like in USA?
2.
3.
What are the two main problems banks are facing today? and What
should be done to solve them?
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
2.
3.
Who is NRI? Can a NRI open an account in a bank as a normal citizen? Can
PIO open an account in Indian bank as a normal citizen? What are the
documents required for opening an NRI Account? Can a student studying
abroad be termed as an NRI?
4.
5.
6.
CBS, SWIFT, NEFT, RTGS. What are their full forms, features and benefits?
7.
8.
All the basics: RBI, its functions, repo, reverse repo, CRR, SLR and their
impact on bank.
9.
10.
11.
Apart from currency issue and supervision of banks what other functions
RBI performs?
12.
13.
14.
15.
Top 5 foreign banks, top 5 private banks, and ranked on what basis.
16.
17.
What is refinance?
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
Car Loan, Personal Loan, student loans, home loans, education loans (and
what are their on going approx. interest rates?)
28.
29.
30.
31.
What is POS terminal? How bank gets benefited from POS? What amount
bank charge from shopkeepers for POS terminals?
32.
33.
34.
35.
36.
37.
38.
39.
What is money laundering? What has the government done to prevent it?
Whats Banks role in preventing money laundering?
40.
41.
42.
43.
Have you ever used an ATM? What is the full form of ATM? Can you Name
some ATM Manufacturer Companies? What are the other uses of an ATM?
Balance Enquiry, Cash Withdrawal, Pin Change, Mini Statement.
Finance related
Finance related questions are usually not asked as such, unless youre from
B.Com/BBA/MBA. But still doesnt hurt preparing a few basic things just to be
safe.
Some questions asked in past:
1.
2.
3.
4.
5.
What is DEMAT account? What is PAN card? Are they same thing?
Economy related
As such more questions are from banking sector, than from Economy
topics.
Within Economy, most stuff is related to static / theory portion. but you
need to have some rough idea of the current Issues such as rupee
weakening, inflation indexed bonds, FDI, NSEL crisis etc.
What provisions did this years budget have for the banking sector?
2.
What if government asks RBI to print more currency notes and uses it for
development and infrastructure projects? How will it affect the middle class?
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
Why there is so much furor over FDI in retail? Are you in favour of FDI?
18.
19.
But still some brief awareness is necessary just to be safe and to avoid
stress interview.
since very few days left before interview, there is no time for full-fledged
revision of current affairs from Jan to December.
HR Related
If you will improve this weakness then will you become a perfect man?
(Hint: no.)
2.
What is the meaning of excellence to you? When will you consider yourself
a successful person?
3.
Do you consider yourself a creative person? If yes, how will find job
satisfaction in banking sector, where rules and procedures have to be
adhered strictly?
4.
5.
What are the qualities of a good leader? Suppose, you are made a leader
of a team unknown to you, there you find somebody who is already a leader
there and even better than you. What will you do?
GK questions
Few GK based questions may be asked. At the moment, there is no point in
preparing this because GK=infinite and time is short. Youre better off investing
your time in banking sector and graduation related topics.
Here are some samples asked in previous interviews:
1.
2.
3.
4.
5.
6.
7.
8.
This list can run long. So, just leave it in the hands of god.
In the next article, well see some Graduation related questions asked in IBPS
Bank interviews click me.
For more on IBPS, visit Mrunal.org/IBPS
Mrunal recommends
SBI/IBPS Bank Exams
UPSC Civil Service
SSC CGL: Staff selection
CDS: Defense Services
CAT/IIM MBA Entrance
ACIO Intel Officer
REPLY
Agni Ghosh
What can be the possible answer to the question What will you do to
attract more customers as a branch manager?? Thank you for doing this
wonderful job..
1.
REPLY
Advait
In my opinion, if they ask such a question, they are just trying to gauge
your understanding and creativity with respect to marketing and business
development. How fast and how different you can think on your feet
would be the idea behind asking such a question.
The answers could be: Identifying a key area of competence and
developing it (like friendlier customer service, faster transaction through
more counters, tying up with corporate houses or colleges, organising
financial literacy seminars etc.)
Hope I helped! Cheers
2.
REPLY
Saurabh
Hi Mrunal Sir, my interview is scheduled on 10th January. I have passed
class 12th from NIOS. After that I did engineering and passed in 2013 and
have a decent academic record besides having many extra-curricular
activity certificates. I am a bit sceptical about my class 12th open schooling
certificate whether it is going to hamper my chances in anyway in this
interview and further. Anybody please solve my problem.
3.
REPLY
anu
sir, i am qualified in csb po exam..please give me imp topics thay may cme
in GD aswellas interview too..please help me..how to prepare for
this.this is my first interview
4.
REPLY
Kapil
Sir i have cleared CWE Clerk got 86 cutoff was 74, i am belong to SC
category in Rajasthan,what topic should i cover for interview and i am also
a MCA passout will this be any problem for over-qualification and what
could be the chances
5.
REPLY
REPLY
REPLY
SUMIT
my score in ibps clerk-iii is 123 in general category.what minimum
percentage of score will be good for final selection?
1.
REPLY
anju
which state?
1.
REPLY
SUMIT
west bengal
1.
REPLY
anju
good score. you have good chances. is it your first attempt? my score is
111 (west bengal). what are my chances?
1.
SUMIT
yeah this is my first attemptwhen is your interview scheduled?
2.
anju
my interview scheduled on 19th.. when is yours??
3.
anju
how many questions you attempted?
4.
SUMIT
my interview is on 18th.is it your first attempt?if you have any prev
interview experience please shareby the way i attempted 140 question..
5.
anju
this is my first attempt. i dont have any previous bank interview
experience.. actually i attempted 157 questions with almost 90%
accuracy according to me, bt got a big shock after getting the score. dnt
SUMIT
6.
thanks and same to you..
8.
REPLY
anju
Mrunal Sir,
Please give me the reply that, Rbi in december did not change the policy
rates despite inflation. was it right decision? and why did Raghuram Rajan
did so?
Plz sir rply. u can also mail me.
Thank you
1.
REPLY
anju
can anyone answer me this question?
1.
REPLY
satya
@abhi read it from RBI website policy review december they have
explained everything
2.
REPLY
satya
@anju read it from RBI website policy review december they have
explained everything
1.
REPLY
reema
can you provide the link for this question?
9.
REPLY
vihal
please provide ans for banking ques
10.
REPLY
Shrikant
hey i have scored 108 in general caategory from Rajasthan. Is der any
chance of selection. my interview is scheduled on 19 feb.
11.
REPLY
reema
can anyone answer, why reverse repo rate is 100 basis points less than
repo rate? plz
12.
REPLY
bharat
Pls Tell me.. the name of all depty governor of rbi
13.
REPLY
hiresh
hello, sir
i m preparing for the ibps po iv n very confusing regarding preparation of
banking chapter.please help me to improve this section.
14.
REPLY
saumya
For those candidates who are at the cusp of things: Waiting for 2014 pre
result and appearing for SBI GD PI, how are u planning to tackle questions
related to your UPSC plans? If I fail to clear pre, then thers no problem, i
can bluff by saying i failed, so this is it, Banking gets the vote. But if I clear
pre, do i lie about it? Wont that be easy? Because, no matter how
diplomatic you are about your UPSC plans, they know you will leave Bank
for upsc if you get selected.
15.
REPLY
SAKSHI
HOW STOCK MARKET RELATES WITH THE BANKING INDUSTRY?? PLEASE
ANYONE HELP ME WITH THIS QUESTION.
16.
REPLY
Aswin
Stock market participants are majorly consisted of various publicly listed
companies, Banking Industry is just one of the many industries which
issues stock for raising capital and hence comprise as a part of the stock
market. There is no so called special relation to the banking industry
compared to the other industries.
mubeena
sir, i did my graduation in 2013 . but am going to attend the interview in
2015 jan . in this two year i did nothing , just prepared for competative
exams . is this create any negtive impression in interview. what i have to
say if they ask about gap.
please reply sir .
thanking you.
18.
REPLY
mili
As I dont know to speak fluently in Marathi ..Will any questions be asked
in interview regarding knowledge of local language?
19.
REPLY
Nishant
Mrunal sir,
I just want to know that, Public Sector Bank Job is central government job
or not?
please confirm ASAP.
Post Message
Search B4 Asking
-0 Days : GUJ-DySO
-0 Days : CSIR-JRF
7 Days : CMS-15
21 Days : CAPF-15
49 Days : SSC CGL15
63 Days : CSAT-15
104 Days : IBPS-PO-15
167 : IBPS-Clerk-15
180 Days : Mains-15
Recent Comments
TEJAS { Pls tell me sir which magazine should I read to cover fully
syllabus for upsc for current affairs without the Hindu...???? Last time
when exam... } [Economy Lecture] GS2: UNFCCC Lima Summit, Paris
Summit Post-2020...
Vacancies
Entire List shifted to bottom. Scroll down
Mega Jobs
17-Aug: IGNOU PG Admission
13-Jul: SSC 10+2
09-Jul: APFC Provident Fund Comm.
09-Jul: Punjab Corp Engineer
09-Jul: Punjab Corp Clerks
07-Jul: RBI Assistants (504)
02-Jul: FCI MT (1Lakh Bond,3yr)
01-Jul: Haryana Health Services
30-Jun: LIC ADO (25k Bond,4yr)
24-Jun: Haryana Gramin Bank Assiatant
24-Jun: Haryana Gramin Bank PO
24-Jun: IDBI Manipal Banking Admission
22-Jun: Kendriya Vidhyalaya
22-Jun: Raj. Asst.Prosecutor(275)
19-Jun: IFS Forest 2015 (100+)
19-Jun: IAS/IPS 2015 (1100+)
17-Jun: Dena Gujarat RRB
IT Jobs
20-Jul: CDAC Noida
15-Jun: CDAC Mumbai
Engineers
02-Jul: FCI Engg.Trainee
26-Jun: RBI JE
26-Jun: Bharat Dynamics
25-Jun: Raipur Civil Engg
25-Jun: MP Electricity
24-Jun: KRIBHCO Noida
22-Jun: BEL Engg
21-Jun: Lucknow Metro Engg.
17-Jun: UP Power
17-Jun: UP Civil Engg (66)
16-Jun: BSF Engineers
15-Jun: Powergrid
Legal
10-Jun: AAI Law
Specialists
31-Jul: IIIT Allahabad Gr. A & B
20-Jul: NISER APO
15-Jul: Jammu Univ.
Medics
30-Jun: HAL Medical officer
15-Jun: ESIC Medical
ParaMedics
10-Jun: BHEL Jhansi Paramedics
20-Jun: NITRD Paramedics
Deskjobs
05-Aug: NBE Assistants
31-Jul: IIIT Allahabad Gr.C
20-Jul: NISER Clerks
15-Jul: Jammu Univ.
07-Jul: NBCC Building
01-Jul: NIELIT Deskjobs
13-Jun: Bank Note Press
30-Jun: Lucknow Law univ.
30-Jun: Rashtriya Sanskrit Sansthan
24-Jun: SJVN (PH)
22-Jun: IIT Rajasthan
22-Jun: Himachal Central Univ.
21-Jun: SSC Raipur
12-Jun: JIPMER clerks
12-Jun: CDRI Asst.
08-Jun: NOIDA Authority
Faculty
31-Jul: IIIT Allahabad
20-Jul: Raipur Univ.
15-Jul: NIT Puducherry
15-Jul: Jammu Univ.
10-Jul: NITTTR Chandigarh
07-Jul: Palampur, Himachal asst.
06-Jul: PEC Chandigarh
03-Jul: SKHM Government Medical College
30-Jun: Ambedkar Uni. Delhi
30-Jun: NEIGRIHMS
30-Jun: Lucknow Law
Uniform
15-Jul: Army Dental (23)
10-Jul: Army 10+2
30-Jun: BSF Constable
15-Jun: Navy Sailers (SSR)
15-Jun: Daman Diu Constables
B.Com,CA,HR,MBA
01-Jul: NIELIT Accounts
25-Jun: MP Electricity Accounts
21-Jun: Lucknow Metro Accounts
RESULT /MARKSHEET
SSC 2014 T2
NCLAT
Hotel Management
TENTATIVE NOTIFICATIONS
IAS-IPS-IFoS: 16 May
IES: 7 Feb
SSC CGL: 2 May
SSC 10+2: 6 June
SSC Sub insp: 28 Mar
CAT: Aug 2015
RBI Officer / Assistant: ??
IBPS PO / Clerk / RRB: ??
ACIO 2015: ??
1. Online Form Part-I stops few days before deadline, so don't wait till last
date. Dont forget reg.id & roll no.Note'em in Google Drive
2. I usually update vacancies every Monday.Purple link= newly added,Blue=
existing.Last updated Mon. Jun 15, at 9:30AM
HOME
ECONOMY
DOWNLOAD
CONTACT ME
The work of Mrunal is under the Creative Commons AttributionNon Commercial-ShareAlike 4.0 License .Permissions beyond the
scope of this license may be available at Mrunal.org/contact .