Dena Bank Po IBPS Cut Off for Interview

Dena Bank Po IBPS Cut Off  for  Interview List

Recruitment of Probationary Officer - Notification of shortlisted candidates for interview and Interview schedule

Download Notification of shortlisted candidates for interview


Download Center-wise interview Schedule

Interview Experience (6) :

Ashish Sharma

I ENTERED THE INTERVIEW with a good morning wish to all the interviewers. Good

Morning Madam. Good Morning Sirs (looking at all 3 males and wishing them together). They were a panel of 4 Bank Managers. They told me to take my seat and the interview went as follows-

Q.1 Hello, Introduce yourself briefly?

A 1 My name is Ashish Sharma from Chandigarh. I am pursuing

B.Com III year from SD College, Chandigarh.

Q.2 What are your hobbies?

A 2 My hobbies are Playing Cricket & Singing Songs.

Q.3 What kind of song do you sing?

A 3 I like Bollywood songs & Indianpop.

Q.4 What were your Subjects last year?

A 4 Sir, I studied Cost Accounting, Corporate Accounting etc.

Q.5 OK, Tell me, what is cost?

A 5 Cost is basically study of costs in manufacturing industry, like various aspects of costs are studied & each element is individually shown which a part of cost of product becomes.

Q.6 Have you studied about FIFO & LIFO?

A 6 FIFO basically is a method of recording stocks in Books. It states first in & first out, i.e. the stock which was stored in warehouses first those are to be withdrawn first, where as LIFO is just opposite LAST IN FIRST OUT i.e. the stock recently added to warehouse will be withdrawn first.

Q.7 What is basic difference between debit card & credit card?

A 7 Sir, you can withdraw amount in excess of your account balance with credit cards but debit card limits your withdrawal to extent of your account balance.

Q.8 Tell me about your family?

A 8 I live with my mother. My brother is living abroad & my sister is working in Axis Bank in Delhi.

Q.9 You have scored so well in exam & studying in best college of Chandigarh. Don’t waste your talent, go for MBA.

A 9 Sir, Banking sector is fastest growing and will provide me with a lot of learning opportunities. Moreover it is a respectable job. I would love to be a part of India’s fastest growing sector & I can use my intelligence in my future & benefit of bank.

Q.10 You said you are living alone with your mother. So if you are posted away from your home, how will you manage?

A 10 Sir, as such there is no problem, my mother only insisted me to go for banking sector & she will be happy if I work in this sector & our society is very safe. I can come home on weekends.

Q.11 Do you study news paper?

A 11 Yes Sir. I study Times of India

Q.12 Recently, which country honored Mrs. Indira Gandhi recently?

A 12 Sir, Bangladesh, for active participation in its Independence.

Q.13 Is your mother okay with your job? Have you asked for

her consent?

A 13 Yes Sir. She also wants me to work and become independent.

Be The Best In Your Interview-How ? SomeTips

1. a few days before the interview, prepare yourself properly. read all the material about the bank and your subject

2. a few days before start meditation to battle stress

3. at least 3 days before the interview, stop eating heavy, fatty and greasy food.

concentrate on having high protein and lot of water.

4. try to take a proper 8hrs sleep.

if you are very apprehensive and not getting sleep.

wake up, have a class of milk, write down your worries on a piece of paper.  take 10 deep breaths..and then go to sleep

5. in the morning, before leaving for the interview make sure everything is checked up.

Your  documents, your letter, wallet, mobile phone,

6. try reaching the interview place at least 30min before time. this gives you scope to relax.

7. once u reach the venue relax. take some deep breaths.

if u a smoker.. make sure u carrying a lot of mint, to avoid bad breath

if u not a smoker.. .avoid smoking or standing next to a smoker as it can lead to bad odour from you.

8. before the interview, say a little prayer.. as this will calm ur

mind.  also imagine how u gonna behave from the moment u enter.

9. as u enter the room, make sure u have eye to eye contact with those sitting, and maintain a smile on your face. greet everyone.

10. most important.. never create an image in your mind that this is the only option.

remember you can always succeed.

IBPS CLERK INTERVIEW PRACTICE -13 : RELATED TO BANKING

1. What is Core Banking Solutions?

Core banking is a general term used to describe the services provided by a group of networked bank branches. Bank customers may access their funds and other simple transactions from any of the member branch offices. It will cut down time, working simultaneously on different issues and increasing efficiency. The platform where communication technology and information technology are merged to suit core needs of banking is known as Core Banking Solutions.

2. What is bank and its features and types?

A bank is a financial organization where people deposit their money to keep it safe.Banks play an important role in the financial system and the economy. As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner. Regional Rural Banks were established with an objective to ensure sufficient institutional credit for agriculture and other rural sectors. The RRBs mobilize financial resources from rural / semi-urban areas and grant loans and advances mostly to small and marginal farmers, agricultural labourers and rural artisans. The area of operation of RRBs is limited to the area as notified by GoI covering one or more districts in the State.

ii. Banking services for individual customers is known as retail banking.

iii. A bank that deals mostly in but international finance, long-term loans for

companies and underwriting. Merchant banks do not provide regular banking

services to the general public

iv. Online banking (or Internet banking) allows customers to conduct financial

transactions on a secure website operated by their retail or virtual bank.

v. Mobile Banking is a service that allows you to do banking transactions on your

mobile phone without making a call , using the SMS facility. Is a term used for

performing balance checks, account transactions, payments etc. via a mobile

device such as a mobile phone.

vi. Traditional banking is the normal bank accounts we have. Like, put your money in the bank and they act as a security and you will get only the normal interests (decided by RBI in our case, FED bank in US).

vii. Investment banking is entirely different. Here, people who are having so much money (money in excess which will yield only less interest if in Banks) will invest their money and get higher returns. For example, If i have more money instead of taking the pain of investing in share market, buying properties etc. I will give to investment banks and they will do the money management and give me higher returns when compared to traditional banks.

3. What is E-Governance?

E-Governance is the public sector’s use of information and communication technologies with the aim of improving information and service delivery, encouraging citizen participation in the decision-making process and making government more accountable,transparent and effective.

4. What is Right to information Act?

The Right to Information act is a law enacted by the Parliament of India giving citizens of India access to records of the Central Government and State overnments.The Act applies to all States and Union Territories of India, except the State of Jammu and Kashmir – which is covered under a State-level law. This law was passed by Parliament on 15 June 2005 and came fully into force on 13 October 2005.

5. Credit Rating Agencies in India ?

The credit rating agencies in India

mainly include ICRA and CRISIL. ICRA was formerly referred to the Investment Information and Credit Rating Agency of India Limited. Their main function is to grade the different sector and companies in terms of performance and offer

solutions for up gradation. The credit rating agencies in India mainly include ICRA and CRISIL(Credit Rating Information Services of India Limited)

IBPS CLERK INTERVIEW PRACTICE -11 : RELATED TO BANKING

Q:What is the main use of SLR?

SLR is used to control inflation and propel growth. Through SLR rate tuning the money supply in the system can be controlled efficiently

Q:What is a Bank rate ?

The interest rate charged by a central bank to commercial banks for very short term loans.

Q:What is Balance on current account ?

A country's receipts minus payments for current account transactions. Equals the balance of trade plus net inflows of transfer payments

Q:What is Balance of Payments?

A list, or accounting, of all of a country's international transactions for a given time period, usually one year. Payments into the country (receipts) are entered as positive numbers, called credits; payments out of the country (payments) are entered as negative numbers called debits. A single number summarizing all of a country's international transactions: the balance of payments surplus

IBPS CLERK INTERVIEW PRACTICE -10 : RELATED TO BANKING

Q:Monetary Policy ?

The actions taken by Reserve Bank of India, which is the monetary authority, to control the economy is collectively called Monetary Policy. Time to time RBI makes changes in the various rates like CRR, Repo Rate, Reverse Repo Rate, SLR etc. to maintain the supply of money that is liquidity in the system.

Q:Custom Duty ?

The custom duty in India is regulated by Customs Act of 1962. This duty is imposed on the imported and exported goods in the country. This duty is one of the most important duty because it hampers illegal import and export of goods

Q:Excise Duty ?

According to Central Excise act 1944 and the Central Excise Tariff Act 1985, every manufacturer of the goods in the country has to pay Excise duty. Most of the products attract 16% excise duty But in case of some products it more than that.

Q:What is Service Tax?

Service tax is tax paid on the services provided in the country. According to Finance Act 1994, all service provider of the country except in the Jammu and Kashmir have to pay service tax. This tax comes under Indirect Tax. Currently 10% tax is surcharged as service tax.

Q:Direct Taxes ?

As the name suggests Direct tax means the tax which is directly paid to the government by individuals and the companies.

Ex: Corporate Tax, Personal Income Tax, Securities Transaction Tax, Banking Cash Transaction Tax, and the Fringe Benefit Tax

Q:Indirect Taxes ?

As the name suggests Indirect Taxes are those taxes which are paid indirectly to government by the individuals or the companies.

Ex: Sales Tax, Service Tax, Custom and Excise Duties, VAT and Anti-Dumping Duties

IBPS CLERK INTERVIEW PRACTICE -9 : RELATED TO BANKING

Q:. What is Black Money ?

Black Money is the unaccounted money concealed from the tax authorities. The black money runs a parallel economy adversely affecting the distribution of wealth & income in the economy. The total amount of black money globally is estimated between $2.1 and 2.5 trillion. This is roughly about seven percent of the world’s GDP.

Q. What is a Black Market?

A black market is an illegal market, in which something is bought and sold outside of official government-sanctioned channels. Black markets tend to arise when a government tries to fix a price without itself providing all of the necessary supply or demand. Black markets in foreign exchange almost always exist when there are exchange controls

Q:What is a direct Tax?

A direct tax is that which is paid directly by someone to taxing authority. Income tax 

and property tax are examples of direct tax. They are not shifted to somebody else.

Q. What is an Indirect Tax?

This type of tax is not paid by someone directly to the authorities and it is actually passed on to the other in the form of increased cost. They are levied on goods and services produced or purchased. Excise tax, Sales tax, VAT are indirect taxes.

Q:What is CRR Rate in India?

Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with RBI. If RBI decides to increase the percent of this, the available amount with the banks comes down. RBI is using this method (increase of CRR rate), to drain out the excessive money from the banks

IBPS CLERK INTERVIEW PRACTICE -8 : RELATED TO BANKING

Q. What is Plastic Money?

With the increasing use of credit, debit cards for withdrawal of cash from ATMs, the use of the term plastic money is common. These cards being of plastic facilitating availability of cash or money to the card holder, have come to be referred commonly as plastic money.

Q:Give some examples of Functions of Finance?

Determination of the financial requirements of the firm, obtaining necessary finance from the necessary sources at minimum possible cost & allocation of finance in different assets. In simple terms the finance functions are raising of funds, planning for funds and allocation & control of funds.

Q: What is Lead Bank Scheme?

Lead bank scheme was introduced around 40 years ago and recently it was in the news as a high level committee chaired by RBI Deputy Governor Usha Thorat was constituted to review and revitalize this scheme. The scheme aims at facilitating credit delivery to the farfetched areas of India. There are members of the committee from NABARD and SIDBI. Thus the scheme focuses upon financial inclusion.

The Opinion of this committee is that full financial inclusion is possible only if it makes a facility of opening of no frill accounts backed by other specialized services.

Q. What are Nostro & Vostro Accounts ?

A nostro account is maintained by an Indian Bank in the foreign countries for a facility of easy clearing of their transactions. For instance, if the bank pays a demand drawn on it by its correspondent bank, there is no delay because the foreign corresponded bank would already have credited the nostro account of the paying bank while issuing the demand draft.

A vostro account is maintained by a foreign bank in India with their corresponding bank.

BANKING TERMINOLOGY DEFINITIONS FOR PO INTERVIEW -3

1. What major factors drive mergers and acquisitions?

mergers and acquisitions are the tool of corporate restructuring ...... so any company before opting for this mechanism considers .......tax benefits, market capitalisation, synergy, technological advancement ,quality employee, goodwill, profit sharing ratio, etc........valuation  of shares is important part.

2.What is goodwill? How does it affect net income?

ANS-goodwill is an intangible asset....means they don’t have physical existence but plays an important role in calculating companies worth........for finding the amount of goodwill ....

for eg----  company  A wants to buy company B now .........B have assets worth rs 1 lakh and liabilities worth 50000.....so net assets becomes 1 lakh -- 50k===50k but company A paid rs 75k.......so this means the differnec ie 75 k-- 50 k ====25 k is amount of goodwill.

(OR)

Goodwill can be defined as a process, or set of tools a business has used over the years to distinguish itself in the marketplace, to generate sales and to produce top-quality items consistently .e.g If you conduct a survey to figure out where customers stand on things such as product quality, customer service and corporate perception, the company that tops the list generally has high customer goodwill. Net income, also known as bottom line, is the number a company shows at the bottom of its statement of profit and loss, also known as a statement of income. Goodwill affects net income through amortization, the practice that gradually spreads the value of goodwill ( or any intangible assets). Non-physical assets include patents, copyrights and exclusivity rights.i.e amortization reduces the value of net income.

3)"WHAT DO YOU UNDERSTAND BY CAPITAL ADEQUACY RATIO,CRAR,BASEL II AND III?

ANS-Capital adequacy rato is the risk capital means it is to kept by bank in case of any risk so that bank don’t collapse like that happened in usa......basel 2 is concerned with risk managment and car was developed there only

(OR)

Capital Adequacy ratio is the amount of capital a bank should have as a percentage of the total risk weighted assets. Its (tier I capital+ tier II capital)/risk weighted assets *100. Basel is the name of the place where the Basel Committee for Banking Supervision holds its meetings. The BCBS has G10+G20 and some countries like Luxemburg as members. Basel II is the current regulation. Was mandated in India in 2008(though banks had applied the rules much earlier than 2008). Basel II introduced the three pillars of CAR, assessment of CAR and the mandatory disclosures. Basel III was organised after the global crisis of 2008, and some of the measures it has recommended includes increased reqdmnt for common equity for 2% to 4.5% (basel II to Basel III), Tier I capital from 4% to 6%, and a new mandatory buffer for capital conservation; plus an optional cyclical buffer of 2.5%. OECD has forecasted  that Basel II recommendations will slow down the global economy's growth rate.

 Tier I capital is Common stocks plus retained profits. Tier II is Undisclosed profits, total perpetual shares, 

subordinated loans, provisions, investment fluctuations, andrid debt capitals.

BANKING TERMINOLOGY DEFINITIONS FOR PO INTERVIEW-2

1) " WHAT IS MONEY MARKET ..... AND DEFINE ITS DIFFERENT INSTRUMENTS "

ANS- Money Market is a market for short-term finance. Short-term is understood as less than one year. However, most of the money market activity is concentrated in between overnight and one week.

 Money market includes Debt instruments like:

1.Call Money Market

2.Treasury Bills

3.Commercial Papers and Certificates of Deposits.

 CALL MONEY MARKET:

---Commercial Bill market borrows call money for short period to discount commercial bills

---Banks borrow in call market to fill the 'temporary gaps',' meet the CRR', meet the sudden demand for funds which may arise due to large payments and remittances.

TREASURY BILLS:

---raised to meet the short-term funds required by government   of India

---T-bills enable RBI to perform Open Market Operations which indirectly regulate the money supply

T -bills are issued in the form of 'Promissory Note'

Investors prefers T-bills because of high liquidity, assured returns, no default risk.

---T-bills comprises of maturity period of 91day,364 day.

COMMERCIAL PAPER AND CERTIFICATES OF DEPOSITS:

---Commercial Paper is an unsecured money market instrument issued in the form of promissory note.

---CD is a negotiable Promissory note, secured and short-term in nature.

(OR)

Money market is a market where short term obligations such as

treasury bills, commercial papers and banker’s acceptances are bought and sold. Its instruments are:

 1) Treasury Bills (T-Bills): Treasury Bills, one of the safest money market instruments, are short term borrowing instruments of the Central Government of the Country issued through the Central Bank (RBI in India). They are zero risk instruments, and hence the returns are not so attractive.

2)Repurchase Agreements: Repurchase transactions, called Repo or Reverse Repo are transactions or short term loans in which two parties agree to sell and repurchase the same security. They are usually used for overnight borrowing. Repo/Reverse Repo transactions can

be done only between the parties approved by RBI and in RBI approved securities viz. GOI and State Govt Securities, T-Bills, PSU Bonds, FI Bonds, Corporate Bonds etc.

 3)Commercial Papers: Commercial paper is a low-cost alternative to bank loans. It is a short term unsecured promissory note issued by corporates  and financial institutions at a discounted value on face value.

 4) Certificate of Deposit: It is a short term borrowing more like a bank term deposit account. It is a promissory note issued by a bank in form of a certificate entitling the bearer to receive interest. The certificate bears the maturity date, the fixed rate of interest and the value. It can be issued in any denomination

 5)Banker’s Acceptance: It is a short term credit investment created by a non financial firm and guaranteed by a bank to make payment. It is simply a bill of exchange drawn by a person and accepted by a bank. It is a buyer’s promise to pay to the seller a certain specified amount at

certain date.

2)" ARE YOU HAPPY TO SIGN BOND WITH US ...... WHAT IF WE GIVE YOU OPTION NOT NO SIGN BOND ..... WHAT WILL YOU DO "

ANS-sir/ madam, signing a bond 4rm Hr point of view is 2 retain employees with the org, so as 2 fight employee turn over rate. AND untill I work on a job for about 1or 2 yrs, I will not gain complete knowledge about it. n there is no risk in signing the bond either. Also, there is no point in jumping 4rm 1 job 2 another. must stick with a job 4 sometime atleast 2 gain the relevant knowledge. Hence, if Im given a choice, i'l sign a bond(my choice!!)

3) "If in a rural branch in which you are posted, someone asks you for loan or money on gunpoint what will you do?"

ANS-SIDDARTH SIR'S DAD HAD FACE THIS IN REAL ,sir's dad reply to this was,"Friends my dad faced this question and he bravely said that he has got 2 brothers who are there to do last rituals of his parents. So he will not be bogged down by threats and told them to do whatever they wanted but he will not give them single penny. seeing his guts those robbers left and never came back"

4)"DO YOU HAVE ANY QUESTIONS FOR ME?"

ANS-Thank you very much sir/madam for this golden opportunity. It was wonderful experiance to know all of you.I would like to know the areas you found where I should brush up.......thanks a lot for your feedback. I will definetly improve myself as per your suggestions. I would like to hear from you very soon.

BANKING TERMINOLOGY DEFINITIONS FOR PO INTERVIEW -1

Negotiable instruments- an instrument which contains the feature of negotiability is known as a negoitable instrument.In business sense it is the credit instrument which can be transferred from one person to another in settlement of debts or settlement of trade transactions. The negotiation of such instrument can be by delivery and endorsement. Section 13 of Negotiable Instrument Act defines it as "a negotiable instrument means a promissory note , bill of exchange and cheque payable either to order or to bearer

Bill of exchange-A bill of exchange, popularly known as a bill, as defined under sec 5 of the Indian Negotiable Instrument Act means, "an instrument in writing containing an unconditional order, signd by the maker, directing a certain person to pay a certain sum of money only to, or order of a certain person, or to the bearer of the instrument." Features-1. A bill of exchange must be in writting. 2. It must contain an order(and not a request) to make a payment. 3. The order must be unconditional. 4. The amount of bill of exchange must be definite. 5. The date of payment must be a fixed one. 6. It must be signed by the maker(drawer) of the bill. 7. It must be signed by the acceptor(drawee)

Promissory Note- PN is a written promise made by one person to pay certain sum of money due to another person or any other legal-holder of the document. According to Indian Negotiable Instrument Act, " A Promissory Note is an instrument in writing(not being a bank note or a currency note) containing an unconditional undertaking signed by the maker to pay a certain sum of money to, or to the order of, a certain person." Features- 1. It must be in writing. 2. There must be a promise to pay a certain sum of money in it. 3.The amount to be paid must be specified(definite). 4. It must be signed by the maker or promisor. 5.The name of the payee must be mentioned in it. 6.the pn cannot be made payable to a bearer.

Bank's Liabilities

 Bank's liabilities constitute five major items. The share capital, the contribution which shareholders have contributed for starting the bank. Reserve funds are the money, which the bank has accumulated over the years from its undistributed profits. Deposits are the money owned by customers and therefore it is a liability of a bank. There can be various kinds of deposits and recurring deposits. Apart from these items a bank can borrow from central and other commercial banks. These borrowings are also treated as bank's liabilities.

Bank's Assets

 Bank's assets comprises cash, money at short notice, bills and securities discounted, bank's investments, loans sanctioned by the bank, etc. Bank's cash in hand, cash with other banks and cash with central bank (RBI) are its assets. When a bank makes money available at short notice to other banks and financial institutions for a very short period of 1-14 days it is also treated as bank's asset. Apart from these items bank always make money available to people on the form of loans and advances. They are also become bank's assets.

SOMEONE INTERVIEW Experience -2

The documents verification was over by 10.00am.out of 11 candidates 8 were present for the interview.

There were 5 members in the panel. 4 men and women.

I get inside after taking permission.

The first question was

what is the meaning of your name?

I answered that there is no such meaning for it and resemblance of the name of my brother was the reason for putting the name.

Then the same person asked to tell about my parents and siblings.

The third question, what is my hometown famous for?

I answered as it as for cashew factory and coir factory.

The same member asked me the names of the two famous bank coaching centres in my hometown and whether i studied there.

i told the names of the institutes and said that i didn't studied there.

Then the panel head asked me that are you that much confident?

I replied that yes sir, i am confident.

Then one other man from the panel asked the price of cashew nut?

answered as 360/kg.

Then he asked that how many factories are there in kollam?

I said that i don't know the exact number of factories. by the time everybody in the panel were smiling.

The same person again told the name of two persons and asked whether i know them.

I said straightly that i don't know.

Then he explained me who they are.

I replied, thank you for the information.

Suddenly one from the panel told that,'what is this'?

Then the panel head smiled and replied that he is just doing his business.

Then the panel head asked that do you know ratan tata?

I replied that he is the former cmd of tata industries.

Then he asked me the name of the low cost car they launched?

nano.

Then again he asked where was tata first planned to start the nano plant?

replied with confidence as singur and that now it is in gujarat.

Then he asked the reason for shifting of the plant?

I told that it was due to problems created by the locals there.

Then he asked the name of the one who led it?

After thinking, i replied that i cant recall it.

Then he told that why cant you recall the name of west Bengal chief minister mamata banerjee.

The panel head told me thanks and left the room after saying thanks and have a nice day.

SOMEONE INTERVIEW Experience -1

pnb PO  interview 2011

me: May i come in sir

(i saw 4 person sitting in panel. p1 file mein dooba hua tha..p2 mujhe dekh raha tha, p3 chup tha, p4 was sardar uncle)

p2: yes come in come in...

me: good morning sir...

(p1 still seeing in file and was away from rest of world)

p4: plz have a seat...

p2:mr xxx right.

me: yes sir

p2: tell me something about yourself

me: sir i am.....(started)

p1 p2 hearing it carefully p4 seeing me

p2:xxx is ur mba of 3 year...

(actually wanted to ask me why the gap of one year between be and mba)

me: sir my mba is of 2 years and i have recently completed it....i have a gap of one year between graduation and pg

p4:why was there a gap?

OOPS

me: sir i falled sick

p4: okok

p3:(finally bola to sahi)...u have done be in biotechnology and mba....hmmm???

me: yes sir i always want to do a government jobs(((face turned ...boring reply)))i quickly analyzed)) but i was not clear to enter banking field...but later on seeing a good career i can devlope in this i have done my mba in finance...

p4:you can get a government job in biotech too..then why banking..

me:sir surely u are saying right but most of the jobs in biotech sectors is for phd candidates having 5 to 10 years of experience....there is no scope for b.e. candidate ...in govt jobs.

p4:k...

p2:what are main industries in rajasthan?

me:cattle,dairy,gems, marbles,textiles....

p3: ganganagar kisne basya tha?

me: sir i do not have any idea...

p3:why is bharatpur famous?

me; sir i cant recall

p2: yaar aap ko yaad nhi bharatpur have bird santury

me:yes sir sir.sir we know very less about where we reside..

p4:what were your subjects in mba?

(p1 abhi bhi khayalo mein gum)

me: management of banks & financial institution, value merger and corporate control,commodity markets and derivatives,portfolio management and security analysis

p2:what is corporate governance?

me: sir in finance it means doing everything for increasing profit, risk control...

p2:yaar ye to nhi hota...

p4:what is csr

(yaar koi ratio hota hai kya?)

me:sorry sir(i have hesitated to answer)

p2:so xxx what should we ask tou?

me:sir you may ask me something about banking

p4:yaar wo to aap padh k aaye ho(mba subjects they ask...one of subject was banking)

p4:aur kuch...

p2:what is corporate social responsibility

me:(finallly kuch aata hai) sir corporate social responsibilty is used by companies to create a goodwill among customers...etc etc

p3:is there any legal legislature about corporate social responsibility?

me:sir i dont have any idea...but many organization going 4 csr for goodwill..etc..

p2:what is the amount above which income tax is charged on saving account?

me:1 lakh

p2:r u sure?

me:not sure sir

p4:have u seen any banner ad of pnb?

me;yes sir

p4:

what u have seen in that?

menb logo and tagline...

p4:yaar logo to hoga hi...aur kya dekha ye hi dekha...?hum itna ad lagate hai paise lagate hai..it means no impact?

me:

sir ye hi dekha...aajkal bank innovative banking kar rahi hai....(yaar yaad nhi actually what i replied exactly)

p2,p4k xxx.you may go

(p4 makes ishara to p2)

(he said naa..he not sure---p4 sid to p2)

me:thankyousir,have a nice day

p4:nice day nice day

some Common questions for interview bank po & clerk set -6

1.family background and educational qualification?

2.what is a debit card?

3.one quality in you which would be beneficial for the bank.

4.what is interpersonal skills

5.what do you mean by body language?

6.how will you sell product to customer?

some Common questions for interview bank po & clerk set -5

1. What is Financial Inclusion, how many villages are covered, eligibility of village and its committee.

2. What is Swabhiman.

3. Where one can open saving account except bank. Ans. Post Office.

4.RBI and its functions.

5.Question from subject; English-  Shakespeare  and Midsummer night dream. New Indian Authors .

6.Diff, between credit card and debit card

some Common questions for interview bank po & clerk set -4

1.How u think ur professional knowledge will help u here.

 2,what all current happenings in agricultural sector.

3.tell me reasons for farmers suicide.

4.How u think banks can help agricultural people.

5.They started asking about money lenders..asked if banks provide loan if farmers don repay how u will react as an officer.

6.Tell about  banking  Ombudsman

7.How u will take actions for reducing further complaints

SOME IMPORTNT TOPIC / Group Discussion FOR BANK INTERVIEW

1.Diff.  between  Public Sector Banks and Nationalised Banks.

2.What is CASA? Why banks are giving much emphasise on CASA nowadays?

3.What is Cost of deposit and Yieald on Advance.

4.What is NIM & NII.

5.Is there any maximum ceiling of investment in SLR for banks.

6. What is the benefit of ASBA facility which is being offered by Public sector banks  recently.

SHG-Bank Linkage Program in India

Under the SHG-bank linkage programme, NGOs and banks

interact with the poor, especially women, to form small homogenous groups. These small groups are encouraged to meet frequently and collect small thrift amounts from their  members and are taught simple accounting methods to enable  them to maintain their accounts. Although individually these poor could never have enough savings to open a bank account, the pooled savings enable them to open a formal bank account in the name of the group. This is the first step in establishing links with the formal banking system. Groups then, meet often and use the pooled thrift to impart small loans to members for meeting their small emergent needs. This saves them from usurious debt traps and thus begins their empowerment through group dynamics, decision-making, and funds management.

Gradually the pooled thrift grows and soon they are ready to receive external funds in multiples of their group savings.

Bank loans enable the group members to undertake incomegenerating activities. Through the SHG-bank linkage program the RBI and NABARD have tried to promote relationship banking, i.e.,

improving the existing relationship between the poor and bankers with the social intermediation of NGOs.


more : http://ifmr.ac.in/cmf/mrap/wp-content/uploads/2009/04/shg-bank-linkage-program.pdf

some Common questions for interview bank po & clerk set -3

1.Difference  between Islamic and Indian banks?

2.Terms like bank rate,repo rate,reverse repo,CRR,SLR and their signifance and why each of them used by RBI ?

3. What is disaster management? How its applicable in banking  ?

4. discuss abt Regulation Act of 1972

5. Tell me about indian economy? What would be your answer?

POST YOUR ANS FOR PRACTICE 

some Common questions for interview bank po & clerk set -2

1 . What is your philosophy towards work?

2. What do mean By PO, Do u know working of PO?

3. Tell me about your dream job?

4. What are you looking for in a job?

5.What kind of person would you refuse to work with?

6. Why do you think you would do well at this job?

7. what kind of interest u looking in the job.

Lets post your answer 

My ans is later finalised