Bank PO Exam/Interview Kit

Bank Entrance Exam Preparation Kit, provides you a wide range of questions that are generally asked in any Bank's exam, whether Government or Private Bank.
In short, a complete set of exam/interview questions, for preparing PO, SO, IBPS, Clerk, MT exams.
Key Features:
1. More than 1500 questions that enhances all your skills including Banking Terms, GA, Computer, Reasoning, English etc.
2. Categorization of questions in different areas.
3. Every question has different options which allows user to think and guess his/her choice. Later on user can also verify his/her answer.
4. Every question has its answer defined.
5. Self-Answerable questions.
6. A tips section which lets the user to know about do's and dont's before and after the interview.
7. It's FREE.Identifying the need for a mobile based education solution for Indian students and with the growing android market, GeekApp has launched an android app that enables students to prepare for Bank exams at their finger tips over their mobile phones.
Download the android app on your mobile and take a step forward in your PO/MT/SO/Clerk/IBPS exams preparation.SAMPLE QUESTIONS

Practice Question on General Awareness (Banking Industry) for IBPS Exams

Banking Industry as a part of General Awareness section has been recently added for bank exam. It emphasizes on applicants’ knowledge of current affairs with special reference to banking industry.

 

 

 

 

 

General Awareness (Banking Industry) Question Bank for Practice

1. Which of the following bodies tightened the norms for foreign exchange risk cover in India mentioning that only companies with a networth of Rs 200 crore can use derivatives to hedge against risk of volatility in currency rates?
a. IMF
b. Reserve Bank of India
c. SEBI
d. Union Ministry of Finance
Ans: b
2. Which body in India finally provided tax exemption on the 9.5 per cent interest income on PF deposits for 2010-11?
a. Reserve Bank of India
b. Income Tax Department
c. Employees’ Provident Fund Organisation
d. Corporate Affairs Ministry
Ans: b
3. (1) The report on Customer Service in Banks by a committee chaired by M. Damodaran, former Chairman of the Securities and Exchange Board of India (SEBI) that was released on 3 July 2011 recommended an increased deposit insurance cover of Rs.5 lakh so as to encourage individuals to keep all their deposits in banks.
(2) The panel also suggested blocking of lost ATM cards through SMS and immediate restoration of funds in case of non-dispensation of cash at an ATM within 5 working days.
Which of the above is not true?
a. Only 1
b. Only 2
c. Both 1 & 2
d. None of the above
Ans: b
4. The Reserve Bank of India (RBI) in a bid to tame inflationary pressure hiked the short-term indicative policy rate (repo rate) by 50 basis points on 26 July 2011. The repo rate currently stands at what percentage?
a. 7%
b. 7.5%
c. 8%
d. 8.5%
Ans: c
5. Which bank posted a 99 per cent drop in net profit at Rs 21 crore for the fourth quarter ended 31 March 2011 against Rs 1867 crore during the corresponding period in 2010?
a. Indian Overseas Bank
b. State Bank of India
c. Bank of India
d. United Bank of India
Ans: b
6. Who did global payments processing company MasterCard appoint as the General Manager, South Asia and Country President, India?
a. T. V. Seshadri
b. Vicky Bindra
c. Tunde Lemo
d. Ajay Banga
Ans: a
7. Government of India on 19 July 2011 appointed Usha Ananthasubramanian, former general manager of Bank of Baroda (BoB) as executive director of which public sector lender?
a. Central Bank of India
b. Punjab National Bank
c. United Bank of India
d. Gramin Bank
Ans: b
8. Name the public sector lender that selected Metlife as its partner for a proposed foray into the life insurance segment.
a. Syndicate Bank
b. Punjab National Bank
c. Corporation Bank
d. United Bank of India
Ans: b
9. Which bank signed a memorandum of understanding with Dewan Housing Finance Corporation (DHFL) under which DHFL will distribute home loans to Yes Bank's customers?
a. Canara Bank
b. ABN Amro bank
c. Yes Bank
d. HSBC
Ans: c
10. Which life insurance company in India launched a new non-linked health insurance plan, Jeevan Arogya?
a. HDFC Standard Life Insurance Co. Ltd
b. Life Insurance Corporation of India
c. IDBI Fortis Life Insurance Company Ltd.
d. SBI Life Insurance Co. Ltd
Ans: b
11. Which of the following public sector banks in November 2011 froze its lending to the power sector?
a. State Bank of India
b. Allahabad Bank
c. Punjab National Bank
d. United Bank of India
Ans: b
12. Which Indian bank on 10 May 2011 raised benchmark prime lending rate 75 basis points to 14% following raising of interest rates by RBI by basis points on 3 May 2011?
a. State Bank of India
b. Union Bank
c. Punjab National Bank
d. Bank of Baroda
Ans: a
13. The Reserve Bank of India on 26 April 2011 fined 19 banks, including the country's top private and foreign banks for violating its guidelines on derivatives. Which is the only public sector bank on the list of banks to be fined?
a. State bank of India
b. Punjab National Bank
c. Bank of India
d. Indian Bank
Ans: a
14. The Reserve Bank of India on 25 August 2011 released its Annual Report for 2010-11. Which of the following was not discussed in the Annual Report the Central Board of the RBI?
a. assessment of the macroeconomic performance during 2010-11
b. prospects for 2011-12
c. working and operations of the Reserve Bank and its financial accounts
d. role of regulatory bodies in controlling the financial markets
Ans: d
15. Reserve Bank of India (RBI) panel headed by headed by Usha Thorat, Director, Centre for Advanced Financial Research and Learning (CAFRAL) on 29 August 2011 came up with suggestion on non-banking finance company (NBFC). Which of the following related to this statement is not true?
1. The panel suggested the central bank to insist on a minimum asset size of more than Rs.25 crore for registering any new non-banking finance company (NBFC)
2. Transfer of shareholding, direct or indirect, of 25 per cent and above, change in control, merger or acquisition of any registered NBFC will require prior approval of the Reserve Bank.
3. Tier-I capital for capital to risk weighted assets ratio (CRAR) purposes would be specified at 12 per cent to be achieved in three years for all registered deposit-taking and non-deposit-taking NBFCs.
4. NBFCs would be subject to regulations similar to banks while lending to stock brokers and merchant banks and similar to stock brokers, as specified by the Securities and Exchange Board of India (SEBI)
a. 1 & 4
b. 2 & 4
c. Only 4
d. Only 1
Ans: d
16. Which Indian PSU bank in tune with its plans to expand its retail division in the UK entered the mortgage market in the country for the first time?
a. Punjab National Bank
b. Oriental Bank of Commerce
c. State bank of India
d. Indian Overseas Bank
Ans: c
17. Which of the following banks set up two loan processing centres for the small and medium enterprise (SME) segment on a pilot basis in Bangalore & in New Delhi in September 2011?
a. Corp Bank
b. United Bank of India
c. Syndicate Bank
d. Bank of Baroda
Ans: c
18. The government suspended M Ramadoss for alleged violations in issuing insurance cover to an airline during his stint as head of another state-run insurer. To which insurance group did he belong to?
a. New India Assurance
b. LIC
c. GIC
d. ICICI Insurance
Ans: a
19. Which of the following banks in early May 2011 entered into a tie-up with non-banking finance companies such as Future Capital, Bajaj Finance, and Reliance Capital to grow its retail portfolio?
a. Central Bank of India
b. State Bank of India
c. Bank of India
d. HDFC Bank
Ans: a
20. Which are the two Gujarat-based cooperative sector lenders on which Reserve bank of India imposed a financial penalty of Rs 1 lakh each for violation of various rules, including anti-money laundering guidelines?
1. Shree MahalaxmiMercantile Co-operative Bank
2. Rander People's Co-operative Bank
3. Abad District Co Op Bank
4. Ahd Mercantile Co-Op Bank Ltd
a. 1 & 2
b. 2 & 3
c. 1 & 4
d. 3 & 4
Ans: (a)

IBPS PO Common Interview 2013 (Tips and Strategy-How to Face Bank Interview)

IBPS is ready to conduct Common Interview for the candidates who have successfully qualified Common Written Examination for PO Recruitment. The written examination was conducted in October 2013. On the basis of scores in IBPS PO Exam 2013, the commission will conduct common interview of the candidates. The qualified candidates have to face interview boards for getting employment in Public Sector Banks. Every candidate gets nervous initially that ultimately affects his/her performance. Here are some steps and guidelines to reduce nervousness and perform well in interview sessions.

Interview
Interview is a face to face interaction between interviewer and interviewee. It is very useful in judging candidate’s fine qualities. It helps in discovering candidate’s initiative tacts, mental alertness, self confidence etc.

First Impression
The most impressive part of interviewee is his personality and behavior. Some points will help the candidates in impressing the board members, which are as follows:

• Simple and formal dress
• Walking and sitting in proper posture
• Relaxed behavior
• Smiling when entering and leaving the interview room
• Looking at the interviewer while talking
• Shaking hands when invited firmly and briefly
• Speaking clearly and loudly
• Adhering to point of discussion
• Logical approach
• 
  Undesirable Mannerism
• Giving monosyllabic answers: It tends to give an impression that the candidate does not have sound knowledge on the subject
• Do not give the answers in low pitch, which is not audible to the board. This causes displeasure. It is advisable to speak clearly and loudly.

Avoid Too Many Hand Gestures
It is advisable to the candidate to not use too many hand gestures as this creates bad impression in the minds of the board members.

IBPS PO Common Interview 2013 (Tips and Strategy-Points to Remember)

In this present era, the academic achievement is not only the considering factor for getting selection in an interview. There are some other important points, which the candidates should follow while going for bank interview.

• Please remember that the interviewers are well read and experienced person. They know all the details and full information about the job for which you are called.
• While entering the interview room, no sound ought to be created. The candidate should open and close the door very gently.
• The candidate should look a composed man; he/she should display no hurry or haste, nervousness, or any fear complex.
• Wish the interviewers in such a manner as you are used to or as you think propers. The accepted manner of salutation is to say, good morning/ afternoon Sir/Madam.
• You should take your seat only when you are asked to do so and take the seat with saying thanks to the interviewers.
• The candidate should not show any sign of nervousness or trying moving his hand unnecessarily or touching the things placed on the table.
• The candidate should answer question answer the questions in a calm and composed manner. He should listen with full attention every question and answer the same with complete confidence.
• The candidate should be cautious about his standing position at the end of the interview.
• He/she should politely thank the interviewers and leave the room without looking back to them.

(jagranjosh.com)

IBPS PO Common Interview 2013 (Tips and Strategy - Questions Asked in Bank Interview)

IBPS will conduct Common Interview for the candidates who are successful in Common Written Examination for PO Recruitment. The written examination was conducted in October 2013. On the basis of scores in IBPS PO Exam 2013, the commission will conduct common interview of the candidates. The qualified candidates have to face interview boards for getting employment in Public Sector Banks. All candidates nervous while interview, which affects his/her performance. Here are some questions that are generally asked in the interview.

Q1. Introduce yourself?
Q2. Introduce yourself in one minute ?
Q3. Define yourself in one word?
Q4. Define yourself in one line?
Q5. Describe yourself?
Q6. Meaning of your name, Who named you and why?
Q7. Any namesake?
Q8. What is your father's name & his job profile?
Q9. Your family background?
Q10. Where you come from?
Q11. Tell me/us about your native place/city/state?
Q12. For what it is famous?
Q13. What are your hobbies and interests?
Q14. What is the use of your hobbies in this organisation?
Q15. If you will not get success this time then what will you do ?
Q16. Your Educational background ?
Q17. Your previous acheivements?
Q18. Any extra curricular activity?
Q19. Why do you want to join Banking sector?
Q20. What qualities one should posses to be a Bank officer? Do you think you have these qualities?
Q21. Tell me about this organisation ?
Q22. Who is the founder of this bank?
Q23. When was this bank nationalized ?
Q24. Current financial position of this bank?
Q25. Who is your ideal or a person who inspired you most?
Q26. How is your subject helpful in banking sector?
Q27. Why there is a Gap in your studies?
Q28. Your strong and weak points?
Q.29. As a student of Science/Art/Commerce, why did'nt you go for higher studies?
Q30. Newspapers and magazine which you prefer to read? Name the Editor of Newspaper?
Q31. Why we should select you?
Q32. Why do you want to be a Officer?
Q33. Are you married ?
Q34. If you marry after competing this examination may I hope you will be mopping up huge money as dowry ?
Q35. Any girl friend? If not then why?
Q36. What is your idea of life?
Q37. What is the importance of hobby in our life?
Q38. What about those who have no hobbies? Are they not creative?
Q39. As you are from Hindi medium, but we are sorry to say that we have vacancies in South only and as you said you like to talk in Hindi. If we appoint you, how will you adjust yourself in South, where only a few people know Hindi?
Q40. I don't know Hindi, I know English and specially south based languages, as I am from south, whenever talk to me, please speak in English.
Q41. Which officer gave you the certificate for, being a caste certificate/character certificate?
Q42. Why could you not get success yet?
Q43. Have you been cleared any exam before it?
Q44. If you don't get final selection in this examination too what would you do?
Q45. How many members are in your family?
Q46. What does your mother do or whether she is a house wife or in job?
Q47. Where did you spend your childhood?
Q48. Why don't you join your family business?
Q49. Your ideal person, leader, party and why?
Q50. Does anybody serve in the banking industry from your family? if yes then who they are and in which bank they are serving?

(jagranjosh.com)

IBPS Clerk Common Interview 2013 (Tips and Strategy-How to Face Bank Interview)

IBPS will conduct Common Interview for recruitment to the post of Clerical Cadre in Public Sector Banks. The common written examination was held in Month of December 2013. The results of Common Written Exam were declared on 2 January 2014. On the basis of performance in written, candidates will be called for interview that will commence from February 2014. The successful candidates should be ready to face interview boards for getting employment in Banking Sector. Jagranjosh.com has come up with some valuable tips for the candidates appearing for clerk interview and enables them to perform well for interview.

Interview Session
Interview Session is considered as face to face interaction between candidate and interviewer. This round is conducted to judge the qualities of the candidates including candidate’s initiative tacts, mental alertness, self confidence etc.

First Impression should always be Good
The most notable part in the interview session is the personality and behavior of the candidate. The candidates should go through the following points that will help him in impressing the board members that are as follows:

• Simple and formal dress
• Walking and sitting in proper posture
• Relaxed behavior
• Smiling when entering and leaving the interview room
• Looking at the interviewer while talking
• Shaking hands when invited firmly and briefly
• Speaking clearly and loudly
• Adhering to point of discussion
• Logical approach

Detrimental traits

• Giving monosyllabic answers: It tends to give an impression that the candidate does not have sound knowledge on the subject
• Do not give the answers in low pitch, which is not audible to the board. This causes displeasure. It is advisable to speak clearly and loudly.

(jagranjosh.com)

IBPS Specialist Officers Exam 2014 (Time Management Tips)

Institute of Banking and Personnel Selection (IBPS) is all set to conduct Common Written Examination for recruitment to the post of Specialist Officers.The examination will be held on 8 February and 9 February 2014. Managing time in proper way is extremely important for the candidates who are preparing for the upcoming IBPS CWE SO Exam 2013.

Before appearing in the examination, the candidates must have to review below mentioned important tips and manage time in better way.
• Reach the examination venue, 30 minutes prior of scheduled time to avoid any discomfort
• Pre-Plan your travel to avoid delay
• If the candidate live far from the exam venue than reach the destination before two or a day before.
Carry valid ID proof such as Passport/PAN Card/ Driving License/Voter’s Card/Bank passbook with photograph/Photo Identity Proof issued by a Gazetted Officer (on official letterhead) or Photo Identity Proof issued by a People’s Representative (on official letterhead)/Identity card issued by a recognized college/University/Aadhar card with photograph/Employee ID in original as well as a photocopy
• Call letter with your recent passport size photograph
• Bring all the necessary things along like ball point pen for rough work and other documentation works.
When START signal for Test is given, do not waste your time in first reading all the questions as is done in the School/College/University examinations.

(jagranjosh.com)

IBPS Specialist Officers Exam 2014 (Do’s & Don’ts for Exam)

Institute of Banking and Personnel Selection (IBPS) is all set to conduct Common Written Examination for recruitment to the post of Specialist Officers. The examination will be held on 8 February and 9 February 2014. Jagranjosh.com has come up with Do’s & Don’ts for Exam for helping the candidates in avoiding last minute rush.

Punctuality is essential requisite for every candidate in examination. The candidate should be present at the examination hall before half an hour of commencement of the examination

Documents to Carry
• The candidate attending the examination should affix their resent colored passport size photograph in the space provided in the call letter.
• They should also keep the Xerox copy of the photo identity proof along with call letter for verification purposes.
• Also, the candidate is required to put their signature and thumb impression in the space provided on the call letter in the presence of the invigilator in the exam hall

Don’ts of Examination Hall
• Avoid using any unfair means during the online test
• Do not Impersonate or procure impersonation by any person
• Do not Misbehave at the examination venue
• Avoid Obtaining support of his/her candidature by any means
• The candidate will be disqualified from online test permanently for specific period from any examination or selection by the Bank if found guilty
• Do not bring calculator inside examination hall

Usage of Mobile Phones
Mobile Phones / pagers / calculator / Books / Notes or any such devices is banned inside examination hall. Any infringement of these instructions shall entail cancellation of candidature and disciplinary action including ban from future examinations.

(jagranjosh.com)

Tips and Strategy-Questions Asked in Bank Interview (IBPS Clerk Common Interview 2013)

IBPS is conducting Common Interview for the candidates who are successful in Common Written Examination for Clerical Cadre Recruitment. The written examination was held on 13 November 2013, 01 December 2013, 07 December 2013, 08 December 2013, 14 December 2013, and 15 December 2013. On the basis of scores in IBPS Clerk Exam 2013, the commission will conduct common interview of the candidates. The qualified candidates have to face interview boards for getting employment in Public Sector Banks. Here are some questions that are generally asked in the interview.

Q1. Introduce yourself?
Q2. Introduce yourself in one minute?
Q3. Define yourself in one word?
Q4. Define yourself in one line?
Q5. Describe yourself?
Q6. Meaning of your name, who named you and why?
Q7. Any namesake?
Q8. What is your father's name & his job profile?
Q9. Your family background?
Q10. Where you come from?
Q11. Tell me/us about your native place/city/state?
Q12. For what it is famous?
Q13. What are your hobbies and interests?
Q14. What is the use of your hobbies in this organisation?
Q15. If you will not get success this time then what will you do ?
Q16. Your Educational background ?
Q17. Your previous acheivements?
Q18. Any extra curricular activity?
Q19. Why do you want to join Banking sector?
Q20. What qualities one should posses to be a Bank officer? Do you think you have these qualities?
Q21. Tell me about this organisation ?
Q22. Who is the founder of this bank?
Q23. When was this bank nationalized ?
Q24. Current financial position of this bank?
Q25. Who is your ideal or a person who inspired you most?
Q26. How is your subject helpful in banking sector?
Q27. Why there is a Gap in your studies?
Q28. Your strong and weak points?
Q29. As a student of Science/Art/Commerce, why did'nt you go for higher studies?
Q30. Newspapers and magazine which you prefer to read? Name the Editor of Newspaper?
Q31. Why we should select you?
Q32. Why do you want to be an Officer?
Q33. Are you married ?
Q34. If you marry after competing this examination may I hope you will be mopping up huge money as dowry ?
Q35. Any girl friend? If not then why?
Q36. What is your idea of life?
Q37. What is the importance of hobby in our life?
Q38. What about those who have no hobbies? Are they not creative?
Q39. As you are from Hindi medium, but we are sorry to say that we have vacancies in South only and as you said you like to talk in Hindi. If we appoint you, how will you adjust yourself in South, where only a few people know Hindi?
Q40. I don't know Hindi, I know English and specially south based languages, as I am from south, whenever talk to me, please speak in English.
Q41. Which officer gave you the certificate for, being a caste certificate/character certificate?
Q42. Why could you not get success yet?
Q43. Have you been cleared any exam before it?
Q44. If you don't get final selection in this examination too what would you do?
Q45. How many members are in your family?
Q46. What does your mother do or whether she is a house wife or in job?
Q47. Where did you spend your childhood?
Q48. Why don't you join your family business?
Q49. Your ideal person, leader, party and why?
Q50. Does anybody serve in the banking industry from your family? if yes then who they are and in which bank they are serving?

IBPS Specialist Officers Common Interview 2014: Tips and Strategies: Basics of Interview

Institute of Banking and Personnel Selection (IBPS) is all set to conducts interviews of the candidates successful in Common Written Examination for Specialist Officers Recruitment. The qualified candidates have to face interview boards for getting employment in Public Sector Banks. Here are some basics of interview, which will be helpful for the candidates preparing for Bank Interview.

Question: How do bank interviews are conducted?
Answer: In interview, the candidate is subject to questioned by the panel of members, which is generally called Interview Panel. The questions could be from variety of fields from which candidate is associated.

Question: What is the duration of typical interview conducted by banking body for selection?
Answer: Interview last anywhere from 5-6 minutes to 30-40 minutes. It depends on interview panel that how much time they are taking in taking the interview. But you should not come to any conclusion about your chances based on duration of interview.

Question: Role of interview in selection process in banks.
Answer: Interview is considered as integral part of a selection process for almost all the departments. Banks have different weightage for different component of selection process. The final selection is based on the combined score in all components together.

Question: Should the candidates carry all the certificates with them to the interview?
Answer: Some selection bodies will specifically ask the candidates to bring all the certificates to the interview. Although, it is always a good practice to carry all the original certificates with you when you go for interview.

Question: What type of personality and behavior is required for bank interview?
Answer: First Impression should always be good

The most notable part in the interview session is the personality and behavior of the candidate. The candidates should go through the following points that will help him in impressing the board members that are as follows:

• Simple and formal dress
• Walking and sitting in proper posture
• Relaxed behavior
• Smiling when entering and leaving the interview room
• Looking at the interviewer while talking
• Shaking hands when invited firmly and briefly
• Speaking clearly and loudly
• Adhering to point of discussion
• Logical approach
(jagranjosh.com)