Bank PO Interview Experience - 2010

I present the Interview Experience of a candidate in Central Bank of India for the post of Probationary Officer (PO) whose name is ‘Akash, who completed his B-tech in Computer Science in 2008.

Þ    Why banking?

I am interested in banking and my father is also a banker.

Þ    In which bank your father will work?

He works in State bank of India as a clerk in Hyderabad.

Þ    If you are interested in Banking, then why you have done B-tech? and what you have done after the completion of your graduation?

Actually I had a plan to do MBA after my graduation, but due to financial problems I can’t do it, so i postponed to do my MBA until I get a job. In the mean time I have been preparing for banks.

Þ    How many banks have you appeared so far?

So far I have written five exams in that I cleared two exams one is this bank & another is Canara Bank and I didn’t cleared the interview round in Canara Bank.

Þ    What do you think the reason behind for not clearing the interview round(Canara Bank)?

I didn’t prepare well at that time.

Þ    Where is the Headquarters of this bank?

Mumbai.

Þ    What is the Use of Computers in a Bank?

Computers are used for many purposes in banks like:

Computer store details of customers account information.

Computers can solve billions of complex mathematical operations in fractions of a second.

Computers can be used for user authentication.

Computers can be used on a network to instantly contact other branches. When you use an ATM, you are using a networked computer terminal.

It's easier to access/update the information.

An employee can also check a customer's account balance instantly.

Computers help a bank save time and money, and can be used as an aid to generate profits.

Þ    What is recession? What is the cause for the present recession?

It can be defined as if country’s GDP growth is negative for two or more consecutive years and the main cause for the present recession is Sub-Prime crisis where it started in US.

Þ    What is Sub-prime crisis?

The current Subprime crisis is due to sub-prime lending. These are the loans given to the people having low credit rating.

Þ    Why India is affected? Which sectors are affected?

Bcoz many of the Indian companies have major outsourcing deal from the US and moreover India is one of the largest exporter to US. Almost all sectors are affected majorly Industrial, Real estate and IT sectors.

Þ    Why Indian Banks are much not affected?

Why bcoz RBI has adjusted some key rates like CRR, Repo rate, bank rate( that in turn decreases interest rates that in turn increases money supply and that in turn increases Investment) and also Indian’s bank are less interested in giving sub prime loans.

Þ    What is CRR?

It is defined as the Cash Reserve Ration. It is the amount of funds that the banks have to keep with RBI.

Þ    How much amount that banks have to keep with RBI?

Five percent of the total amount.

Þ    What is Social Banking?

It is a banking process that caters specially to the development needs of the poor in sharp contrast with conventional commercial banking, which has marginalized the poor.

Þ    What is Federal Reserve?

It is the Central Bank of US like what we have RBI in our country.

Þ    Where you will be in five years from now if you are selected?

In the same bank with one or two promotions.

Note: Almost all the questions and answers are taken from Akash except for the question: Use of Computers in banks and Social Banking.

General Knowledge Quiz 2010 - 52

1.      The 2009 World Food Summit held in __________?

a)Jakarta    b)Moscow   c)Istanbul   d)Rome   e)India

2.      The Central Government has decided to spend 15,000 crores to make the river Ganga pollution free in the next ________ years?

a)5    b)8   c)10   d)12   e)15

3.      Recently government approved to give ‘Maharatna’ status to the CPSE’s. Which among the following does not come under this status?

a)ONGC   b)SAIL   c)NTPC   d)Indian Oil   e)All of these come under this status

4.      Where is the headquarters of Insurance Regulatory Development  Authority(IRDA)?

a)Hyderabad    b)Mumbai   c)Delhi    d)Kolkata   e)Chennai

5.      Global Zero is an international initiative launched in 2008 to promote the elimination of ______________?

a)Heart Diseases     b)Nuclear Weapons    c)Terrorism    d)Greenhouse gases   e)none

6.      A/c to the new Investment Index released by World Bank, India is among the _____ best nation to invest in among 21 developing nations?

a)1^st   b)2^nd   c)3^rd   d)4^th   e)5^th

7.      Which among the following cities is the largest e-commerce hub in India?

a)Mumbai    b)Ahmedabad   c)Hyderabad   d)Delhi   e)Pune

8.      India has overtaken ________ as the fastest growing telecom market in the World?

a)US    b)Germany    c)China   d)Canada   e)Japan

9.      A/c to a report released on Dec 18, 2009, India’s mergers and acquisition (M & As) crossed over _________ with a total of 267 deals for the period of Jan-Dec(13^th Dec) 2009?

a)$8 billion    b)$15 billion    c)$10 billion   d)$15 billion   e)$ 20 billion

10. With which country NTPC has signed an agreement for setting up the Amochhu Reservoir?

a)Bhutan    b)Nepal   c)Bangladesh    d)Myanmar   e)Srilanka

11. Which bank has first introduced ATM’s in India?

a)SBI   b)ICICI Bank   c)Canara Bank   d)HSBC   e)HDFC

12. How many Stock Exchanges are there in India?

a)2   b)3   c)21    d)23   e)none of these

13. Who is head for the Committee formed by Central Government on Telangana issue?

a)R K Tyagi    b)Sri Krishna    c)V.K Duggal   d)Ravinder Kaur   e)none of these

14. The 7^th edition of ‘BioAsia-2010’ held in __________?

a)New Delhi    b)Chennai    c)Hyderabad   d)Mumbai   e)Bangalore

15. Which country hosted the World’s leaders Conference held in January 2010?

a)UK   b)India    c)US   d)France   e)Afghanistan

16. Which Committee recommended a hike of Rs.6 a litre for Kerosene and Rs.100 for LPG cylinder?

a)Sunderashan committee   b)Parekh committee  c)Sunderdevan committee  d)R K Tyagi Committee   e)Kirit Parikh committee

17. Recently which country launched a satellite ‘Kavoshgar 3’ into space?

a)Russia   b)China   c)Iran   d)India   e)none of these

18. Who is the President of NASSCOM?

a)Pramod Bhasin    b)Som Mittal    c)Narayana Murthy   d)Ramadorai   e)none]

19. Where is the headquarters of IAEA(International Atomic Energy Agency)?

a)Belgium   b)Switzerland    c)US   d)Austria   e)France

20. Which country is the largest producer of sugar in the world?

a)India   b)China    c)Thailand   d)Mexico   e)Brazil

General Knowledge 2009 - 35

1. Which Country has honoured the International Freedom Award to ‘Dalai Lama’?

a)US   b)India    c)Russia   d)UK   e)none of these

2. The Minimum Support Price(MSP) for Common variety Paddy is ____?

a)850    b)900    c)950   d)1050    e)1080

3. Who has been presented the ‘2009 Golden Pen of Freedom Prize’?

a)Najam Sethi   b)Xavier Vidal-Folch   c)Rajdeep Sardesai   d)Vikram Chandra   e)none

4. US has decided to quit Afghanistan by the Year ________?

a)2011    b)2012   c)2014   d)2015   e)2017

5. Who has been awarded the ‘Golden Ball Award’for the year 2009?

a)Cristiano  Ronaldo   b)Lionel Messi   c)Kaka   d)Ronaldinho   e)Fabio Cannavaro

6. The First International Cruise Ship launched in which of the following places in India?

a)Vishakhapatnam   b)Mumbai   c)Kochi   d)Goa   e)none of these

7. The amalgamation of RRB’s is recommended by ______________ Committee?

a)Rangarajan Committee   b)Rakesh Mohan    c)Pranab Mukherjee    d)Vyas    e)none of these

8. Sonia Gandhi Placed at which place in the World’s 100 most powerful women compiled by Forbes Magazine?

a)3^rd    b)7^th    c)9^th    d)11^th    e)13^th

9. The Nobel Peace Prize winner Kim Dae-jung died on August 2009. He was the former president of which Country?

a)Japan   b)South Korea    c)North Korea   d)China   e)Myanmar

10. Who has been appointed an honorary member of the Order of Australia?

a)Adam Gilchrist   b)Sourav Ganguly   c)Ricky Pointing   d)Brain Lara   e)SteveWaugh

11. Who wrote the book “India : From Midnight to the Millennium and Beyond”?

a)V S Naipaul    b)Chetan Bhagat    c)Shashi Tharoor    d)Amartya Sen   e)Abdul Kalam

12. Who won the Montreal Masters Final 2009?

a)Andy Murray    b)Andy Roddick   c)Rafael Nadal    d)J M Del Potro   e)Novak Djokovic

13. Which of the following statement is not true?

a)England defeated Australia to win the Ashes Series

b)Sonia Sotomayor was the first Hispanic Supreme Court Justice of  U.S.A

c)Barcelona won the the UEFA Super Cup

d)Sunita Narain has been chosen for 2009 Raja Lakshmi Award

e)All are Correct.

14. A/c to 2001 Census, which state had the largest percentage of Hindus?

a)Andhra Pradesh    b)Uttar Pradesh    c)Himachal Pradesh   d)Madhya Pradesh   e)none

15. Recently Brad Hodge has announced his retirement from International Cricket. He belongs to which country?

a)England   b)New Zealand   c)Australia   d)South Africa   e)none

16. At Which of the following Places is the Indian Standard Time(IST) is determined?

a)New Delhi   b)Allahabad    c)Mumbai   d)Hyderabad   e)Kolkata

17. Which Country won the Hockey Series against India in August 2009?

a)South Korea    b)Pakistan   c)Germany    d)England   e)Syria

18. Which of the following countries had handed over Macau to China?

a)Russia    b)Japan    c)South Korea   d)Portugal   e)Germany

19. Which of the following cities is considered as the easiest city to do Business a report by International Finance Corporation?

a)Ludhiana    b)Hyderabad    c)Bhubaneswar    d)Jaipur    e)Guwahati

20. Who is the only Finance Minister to become the President of India?

a)Zakir Hussain    b)R Venkataraman    c)Fakhruddin Ali Ahmed    d)Shankar Dayal Sharma   e)Sarvepalli Radhakrishnan