In our previous blog, we had covered 16 interview questions related to banking and its structure. The list of probable questions that can be asked in interview does not end there. Below are the questions and topics you should also prepare for the banking interview.
The obvious must do thing for any aspirant sitting in IBPS common interview is to understand the definition of
- Repo rate
- Bank rate
- Reverse repo rate
We have explained the definition of these terms in our blog here.
The other questions a banking aspirant should prepare are:
- Who controls/supervises all the banks?
- Who controls money supply?
- What are the functions of RBI?
Refer our blog RBI and its role in the economy for answers to the above questions.
- Can banks decide saving bank interest rate?
- What is current account?
- What is savings account?
- What is term deposit?
- What is CASA ratio?
- Why banks put more emphasis on CASA A/Cs?
Again answers to questions no. 3 to 8 can be obtained from our blog Bank Deposits & Accounts.
- What is balance sheet? Why is it prepared?
- What is the difference between trial balance and balance sheet?
- Can we find out any company profit by its balance sheet?
- What are assets and liabilities?
- What is cash flow statement?
Above questions have been answered in our blog Financial Accounting for IBPS Common Interview.
Other questions that should be prepared for IBPS Common Interview are:
- What is money market and capital market?
- What is interest?
- What is SARFAESI?
- What is the difference between cheque and draft?
- What are the technologies used in banking?
- What is CBS?
- What are RTGS and NEFT? Difference between RTGS and NEFT?
- What is mutual fund?
- What is SENSEX?
- What is primary and secondary market?
- Name some stock exchanges?
- What is inclusive growth?
- Difference between FDI & FII?
- What is inflation? What is RBI role in controlling it?
- What is KYC?
- What is PLR?
- Why capital is shown on liability side in the balance sheet?
- What is SEBI?
- What are BASEL norms? What is BASEL III?
- What is GDP?
- How is GDP different from GNP?