Banks FAQs

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    Frequently Asked Bank Interview Questionso Tell me something about yourself?

    Have a short statement prepared in your mind

    Introduce your qualifications, good work habits, etc.

    Keep it mostly work and career related.

    You may, however, start with a very brief about your family(just your parents ).

    SBI bank interview questions (may be suitable for any bank job interview questionlike bank of maharashtra interview, canara bank interview etc.)o Why are you interested in this job? or Why are you interested in working SBI (or any other

    bank)?

    Tell them what you need to do be doing in the bank job.

    Relate how you are genuinely interested and are good at doing the work mentioned above.

    o Why should we hire you?

    Point out how your skills meet what the organization needs.

    Do not mention any other candidates to make a comparison.o Why did you leave your last job?

    Talk about leaving for a positive reason.

    Never speak ill of supervisors, co-workers or the organization

    Bank po interview questions-situational questionso Tell me about a time when you had to adjust to a classmates or colleagues working style in

    order to complete a project or achieve your objectives.

    This will check how adaptable you are to the situation in front of you. E.g. when you will

    be working in a bank with your colleagues or seniors you may need to adapt to their

    attitudes.

    Tell about any project work that you had done in a team and how you were adaptable.o Tell me about a situation where you had to solve a difficult problem. What did you do? What

    was your thought process? What was the outcome? What do you wish you had done differently?

    As is clear, this question tests your problem solving skills. E.g. when CBS was introduced

    in banks-certain people were made part of the implementing team for each bank, who were

    thought leaders and problem solvers.

    Be prepared with a situation where you solved a practical problem in college/previous job

    and be clear about your approach and the outcome.

    o Tell me about a goal that you set that you did/didnt reach. What steps did you take? What

    obstacles did you encounter? How did it make you feel?

    This is to determine how well you can go on to achieve goals that are set. E.g. officers areresponsible to give loans of certain amount (say 10lakh) within a specific time period (say

    6 months).

    Tell about realistic goals, preferably, related to work or a practical task or a project.

    o Tell me about a time when you were forced to make an unpopular decision.

    This is to test your honesty. E.g. there is a lot of corruption when it comes to sanctioning

    loans etc, so integrity and honesty are very important.

    You may try to recall such an incident or try and cook up something then and there. Dont

    be blank.

    o How do you determine priorities in scheduling your time? Give examples.

    This is to test your time management. E.g in banks, there may be work that has

    simultaneous deadlines. It is, therefore, very important to manage and prioritize your work.

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    Narrate a situation where in you managed your time effectively and completed tasks on

    time.

    o Will you be ready to move to a different location?

    This way the interviewer will come to know if the person is willing to transfer.

    Do not say yes just to get the job if the real answer is no.

    Be true-if you do not want to take transfers-politely refuse the offer.

    o What do you know about this organization?

    This question is very specific to the bank you are applying for.

    Be thorough with no. of branches, major events in its history since it was established,

    major clients (corporate or tie ups, if any), major products etc. Research the site well.

    o Are you willing to work overtime? Nights? Weekends?

    This is up to you- be honest and true.

    o Is there anything you want to ask?

    Always have some questions prepared. E.g. What type of projects will I be able to assist

    on?

    Explain About yourself?

    Intimately, we all hump that this is the most radical reflect that is asked in any

    interview, not with standing, an fabulous salutation to this topic is same

    successful half the attempt. This ponder can impart to the interviewers your

    confidence and agony for the energy. In regards to the tell to this subject, you can

    advert virtually your strengths and formal aspects of your personality. You can

    also tell your hobbies and areas of primary interest.

    Your Educational qualifications?

    This inquiring can be answered by summarizing your pertain areas since your

    cultivate life. You must scuttle but virtually your educational qualifications. Stretch

    examples of difficult projects that you handled piece excavation in economics

    set.

    Explain about your goals?

    This is one of those economics converse questions that can easily solve aboutyour progression contrive and how you are with tenderness to your business. In a

    response to this challenge,

    What are steps to succeed your goals?

    This method is an excellent way to attain your potential employers judge that you

    are really involved in this advancement. This is one of the most intriguing

    economics interview questions that moldiness be answered with confidence.

    Finance Interview Questions for finance jobs that are mentioned as follows:

    [These Questions Asked in major interviews like TCS Finance Interview, Gen pact Finance

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    Interview and other interviews : Deloitte Finance Interview Questions, Quant Finance

    Interview Questions, Genpact Finance Interview Questions]

    How you will take challenges?

    Parameters to be consider for choosing the stock?

    Explain about debt and equity financing? in a firm?

    Factors that impact in mergers and acquisitions?

    Explain interest on capital?

    What is your main strengths in finance?

    Explain about success and failures in finance?

    Advantages and disadvantages of different accounting packages that uses

    by you?

    Tell about cash flow statement using pipeline theory?

    Explain about accumulated depreciation?

    What is fictitious assets?

    What is a trail balance?

    Suggest some famous accounting packages that works more effectively?

    Why finance job as your career?

    Explain about Purchase Order?

    Tell about Bank Reconciliation Statement?

    Explain about company code?

    What is sundry creditors?

    Differences between accounts and finance?

    What is fixed cost, variable cost and marginal cost?

    What is Break Even Point? how it is calculated

    How goodwill affect to your firms economy?

    Current event that affects the fiance market?

    Explain about the recession and factors for causing?

    What is the odd things between pay slip and pay check ?

    Relate I-banking and Private Equity?

    Magazines that you prefer for business news?

    Newspapers that you prefer to read for financial news?