Current Affairs July 2010(Short Answers)

·        Head of the Committee instituted by RBI to look into the interest rates and bank fees, charges & services – M Damodaran.

·        Which committee recommended 15-20% variable component in the salary package for PSB employees, instituted by Finance minister – A K Khandelwal.

·        RBI has revised the norms for __________ for giving loans to the housing and real estate segment – Urban Cooperative Banks(UCBs).

·        SEBI has announced that MF distributors and agents will now need a NISM certificate to sell policies. What is the full form of NISM - National Institute of Securities Market.

·        RBI has advised all banks to print IFSC on cheque leaves issued to customers. IFSC stands for- Indian Financial System Code.

·        India has emerged as the ___ most preferred destination for retailers in the world - 39^th.

·        India’s first Anti-submarine warfare Corvette – INS Kamorta.

·        _____ banks are recently allowed by the RBI to open ATM’s at places other than their branches without prior approval – Urban Cooperative banks.

·        National Florence Nightingale Award 2010 was given to – A P Subhadra.

·        Government has fixed FRP of Sugarcane for the year 2010-11 at Rs. 139.12 per quintal. FRP stands for - Fair and Remunerative Price.

·        India’s trade deficit during 2009-10 - $102.1 billions.

·        Asian Banker Achievement award given to – SBI.

·        Who is the head of the committee for comprehensive review of National  Small Savings Fund(NSSF) structure , interest rates, tenor and other administrative matters – Shyamala Gopinath.

·        ____ company offered  to provide cloud computing solutions t Rural Banks – Polaris.

·        Chairman of RBI working group on BPLR on the basis of which Base Rate System is slated to switch over by the banks – Deepak Mohanty.

Bank PO Interview Questions - 2010

Corporation Bank Interview Experience(28-06-10) - I

·        The list of Questions that were asked in the three Men Interview

·        Tell me something about yourself apart from the details given in the Bio-Data

·        Why do you want to join bank?

·        What is Banking? How is it different from Saving Bank of Post Office?

·        Difference between Karnataka and Jharkhand Economy? (as I am from Jharkhand)

·        Today’s Headlines?

·        Similarity between USA and India in-terms of Economy?

·        How many bank exams have you appeared for?

·        Do you know the costing of Civil Engineering?

·        What are your hobbies?

·        What is NEFT?

·        What is the difference between million and a billion?

·        What is the buzzing word of India’s economy?

·        What action is the RBI taking? What is the final impact on the Economy?

Submitted by Alfred.

Corporation Bank Interview Experience – II

·        You have done Chemical Engg and worked in RIL, then why do you want to join a bank?

·        What do you know about Corporation Bank?

·        What are the functions of RBI?

·        Do you have any account in any bank. Which type of account and what is the interest rate payable on it?

·        What is the difference between Savings account and Current Account?

·        What are your strengths and weaknesses?

·        What is a debit card and what all can be done with it?

·        What is your family background?

·        Are you willing to work anywhere in India?

Allahabad Bank PO Interview Experience

·        Tell me something about yourself?

·        Why do you want to join a bank as you are a chemical engineer and worked in 2 good companies?

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

·        What is a Bank?

·        What are various activities and functions in a bank?

·        What is Distillation?

·        What is Coal Tar?

·        Your Hobby is reading Bhagavad gita. What do you read in it?

·        Cite some slokas from Bhagvad Gita?

·        How can you say that banking sector is fast growing?

Submitted by Karun Dhamija.