Sbi Po Exam Tips

8/10/2019 Sbi Po Exam Tips

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As you all know, Interviews of State Bank ofshall be conducted for "# marks $%" marks

shall be %#marks. At the end, merit will be caBut to compete with others, securin the ma

hat to prepare for Interview/ Althou h, prto be touched by panelists durin an intervie

Bank interviews are basically based on si

1. Your C.V.2. Banking Knowledge3. GK (Current !!airs" a nd Co#$uter Kno%. Current &ecruit#ent (i! any".'. )y Banking *ector+

,. )y Govt. -ob+

1. Your C.V. 1or any interview preparatioplace of birth, places where you have styour family etc.

2. Banking Knowledge + If you are oin fterms will help the candidate.

3. Current !!airs Be thorou h with cu0uestions, State &overnors and 6hief min

Co#$uter Knowledge Be thorou h wit

If you have any certificate, it will be an ad

%. Current &ecruit#ent (i! any" If you ar

'. )y Banking *ector+ / 2his 0uestionsimply they want to know, why you want

If you are oin for Bank 6lerk interviebe headin in your way+1. hy you want to 5oin as a 6lerk with t2. Aren9t you over0ualified for 6lerk post

,. )y Govt. -ob+ / hen you are oin foovt. sector.

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*B0 2 1% 4xa# 0nterview Ca$sule

India for the post of Probationary Officer are coor &' ( %" marks for Interview)and the minimu

lculated in the ratio *"+%", out of which *" is fromimum score is important, which can be achieved b

dictin e act 0uestions is not possible, there are.

areas.

ledge (Basics"

n, a candidate should prepare a detailed bio data oudied, your hobbies, e tra activities, achievemen

r bank interviews basic bankin knowled e is ne

rrent affairs from past three months. 3ecent aisters, 6ountries, 6apitals, 6urrencies etc..,.

h basic computer terminolo y. - ample+ hat is

ded advanta e to the candidate.

employed anywhere, you must be asked about th

is very important and has been asked in intervieto 5oin bankin sector.

with 4BA846A8 4.S68 42ech de rees/ If yes, ei

chnical de ree//

r any ovt. 5ob interview, you have to very clear in

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mencin from ! th October %#


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0nterview :uestions !or Banking1. &B0 Current olicy 7 &eserve &ates

3epo 3ate !J3everse 3epo *J633 =J

S:3 %%J4S1 KJ Bank 3ate KJ

2. )at is Bank+Ans. Bank is financial institution which accepts deposits from the public for the purpose of lendin .

3.


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&ecurring de$osit ?& aFc@ A fi ed amount can be deposited in monthly installments. Interest rate is same as fi ed deposits.

H. )at is Inclai#ed e$osit ccount+ ns ulti city c)eDue A che0ue which is payable in any branch of a particular bank.

11. )at is e#and ra!t A demand draft is an instrument used for effectintransfer of money. It is a ne otiable instrument.

i!!erence bFw a C)eDue and a de#and dra!ti. A che0ue is issued by an individual whereas a demand draft is issued by a bank.

ii. A che0ue is drawn by an account holder of a bank, whereas a draft is drawn byone branch of a bank on another branch of the same bank.iii. In a che0ue, the drawer and the drawee are different persons. But in a draftboth the drawer and the drawee are the same bank.iv. A che0ue is defined in the ;e otiable Instrument Act,

hereas a draft cannot be dishonoured.Fence there is certainty of the payment inthe case of a demand draft.vi. Payment of a che0ue can be stopped by the drawer of the che0ue, whereas, thepayment of a draft cannot be stopped.vii. A che0ue can be made payable either to a bearer or order. But a demand draft is always payable to order of a certain person.

12. )at is C)eDue


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1%. )at is C&& and *L&+Ans. C&& Cas) &eserve &atio It is tthat every bank has to keep with 3BI. Cu

*L& *tatutory LiDuidity &atio It is

that every bank has to keep with 3BI. Cu

6eed o! *L& ith the S:3, the 3BI canthe Bank credits. By chan in S:3 rates,commercial banks to invest in the overn

>ain use o! *L& S:3 is used to controlcontrolled effectively.

1'. )at is >arginal *tanding 9acility (>of India $ &B0) a ainst approved overnmii. 2his came into effect in may 2 11 . @overni ht basis a ainst their e cess statu

iii. Additionally, they can also avail fund'emand and 2ime :iabilities $ 6 *9" is it reDuired Banks borrliability mismatch. 2his does not carry acrore thereafter.

1,. bout KYC nor#s+ ns 2he full form of QD6 is Qnow Dour2he components of QD6 Identity proof ,2he ob5ective of QD6 uidelines is to prQD6 day is celebrated on 1irst workin

1E. bout B *4 & *9 + 4inimum amount of &s.

6ustomer QD6 uidelines was introduced by 3BIaddress proof , photo raphsvent banks from criminal money launderin activi

day of au ust every year

est rate of a bank below which it cannot lend to pue)was introduced in the year %##H 2he BP:3o introduced w.e.f.


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Ans. 6redit card is a plastic instrument that can be used for the purchase of oods and services. Dou can buy the services andthen pay the cash to the bank. :imits will be fi ed based on the net worth of the customer.Leading credit cards V0* A > *arket 6apital market is a market for long;ter# debt and e0uity shares.In this market, the capital funds comprisin of both e0uity and debt are issued and traded. 2his also includes private placementsources of debt and e0uity as well as or ani7ed markets like stock e chan es.

2E. Co##ercial a$er (C "+ ns 6ommercial Paper $6P) is an unsecured #oney #arket instrument issued in the form of a promissory note.


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6orporate, primary dealers $P's) and the all?India financial institutions $1Is) that have been permitted to raise short?termresources under the umbrella limit fi ed by the 3eserve Bank of India are eli ible to issue 6P.

eriod 6P can be issued for maturities between a minimum of E days and a #axi#u# u$ to one year !ro# t)e date o! issue.

2H. Certi!icate o! e$osit (C " ns 6ertificate of 'eposit $6') is a negotiable #oney #arket instrument and issued in demateriali7ed form or as a @sancePromissory ;ote, for funds deposited at a bank or other eli ible financial institution for a specified time period.

eriod + Banks can issue 6's for maturities from E days to one a year whereas eli ible 1Is can issue for maturities < year to Hyears.

2J. )at is Bancassurance 2he sale of insurance and other similar products throu ha bank. 2his can help the consumer in some situations for e ample, when abank re0uires life insurance for those receivin a mort a e loan the consumercould purchase the insurance directly from the bank.

3 . )at is 09*C (0ndian 9inancial *yste# Code"+

i. Indian 1inancial System 6ode is an alpha?numeric code that uni0uely identifies abank?branch participatin in the ;-12 system.ii. 2his is an


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4ake an eye contact with all the participants. It creates more room for conversation. Also keep noddin , when others speak,it shows receptivity

Be an active and dynamic participant. 2he e aminer wants to hear you speak. So do put forth your views Be positive and prepare your thou hts well but do not be over?confident 2hink well before you speak. Dou are bein heard and 5ud ed upon hen raisin an ob5ection to a point kept by another speaker, back it up with a solid reason to et the point across @se 0uotes, facts and fi ures, statements, everyday life e amples to e press a clear chain of thou hts. Also it mi ht leave a

ood impression on the e aminer and help you score well.

*o#e 0#$ortant


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>1 $I uess the Panel Fead)+ 4ayank you worked for 3eliance &eneral Insurance for H years. hy you left it in %#e Sir I had to come back to my native town for a couple of months for some family reasons. I had no sufficient leaves and thatwasn9t a very ood time considerin the recession period. I was iven an option to work with A ra Branch at a salary cut and Idecided a ainst it. So I was left with no other option but to resi n from the services.

>1 hich roup did your company belon to. Fave 3eliance applied for Bankin :icence />e Sir A'A&, Anil Ambani roup. ;o sir because they haven9t because they have interest in stock market throu h 3eliance 4oneyand as per 3BI9s uidelines they cannot apply. 2he Panel then chatted about latest 3BI uidelines. Fe asked what does 3eliance4oney do and how are they related to stock market. And I replied.>1 hat is the difference between :ife Insurance and &eneral Insurance/>e Sir risk covered in :ife insurance is the life of an individual where as in eneral insurance, one can cover his vehicle, propertyhealth, etc. Basically eneral insurance is also termed as non?life insurance and that is the basic difference. 4< said with a smile. Desnon?life..>1 then asked me what happens in case of 2sunamis, etc and I said they aren9t covered in a policy as they are deemed to be Act of&od. Fe then said 1orce 4o5ure. I was clueless and he e plained it9s a latin term for Act of &od. I smiled and said 2hank you sir for theinformation, I wasn9t aware of it.2hen he passed it on to other member of the roup>2 hat are the other businesses 3eliance A'A& roup have interest in/

>e Sir, they have varied businesses like 3eliance 6ommunication, 3eliance 6apital which in turn has different subsidiaries like3eliance :ife, 3eliance :ife, etc, then they have 3eliance Power, 3eliance -ner y..>2 Fow are 3eliance Power and 3eliance -ner y different/4e $took a small pause, thou h and uessed)+ Sir 3eliance Power is into Power production $I should have said &eneration) and3eliance -ner y into Power transmission and distribution.-veryone in the panel said, hmm, Power 'istribution.. $2eer nishane pe la aya ?))>2 ;ame some power plants.I mentioned 'adri and 3o 5a $run by 3eliance) in Sha5ahanpur. Fe asked if they are oil based I said no sir they are thermal based. Fenodded and said coal.>2 here does Oil drillin takes place in India/>e Sir mostly in Bombay Offshore re ion and Q& Basin. $I missed to mention Ramna ar, &u5arat.)2hen 4< asked about 1'I in Insurance and I answered it is % J at present however &overnment is considerin it to increase it to=KJ. Fe asked where it is held up and I said, the proposal is stuck at &overnment level and if the insurance lobby has its way they

would like to even e tend it to 1 hich forei n co. does 3eliance have tie up with/>e I replied it9s a 1 'oes SBI have an Insurance arm/>e Des sir. SBI &eneral Insurance.>1 'o you know when they started their operations/>e Sir in %#1 hat advanta e does SBI have in startin insurance co./>e I started and was about to mention about the hu e customer base that they can etadvanta e of but I was stopped in between and asked if I know about bancassurance. I

replied.4< then passed to 4H>3 Fow many public insurance co. are there/>e = sir.>3 'o you know about 3einsurance/>e Des Sir. $I replied)>3 Fow many insurance co9s are in profit/>e $By this time I was unsure as they were askin from a domain which I have left Hyears back in %#1 Are they Old eneration or new eneration co9s which are makin profit/>e Sir, while I was workin I used to read the statistics about the industry but now Idon9t follow it. I am sorry I9m not so sure about it sir.>1 Fow lon does it take for an insurance co. to start makin profits/

>e I am not so sure sir but as far as I know it takes at least "? years before one canbreak even in this industry and sometimes even more.


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At this 4< put his hands in his pockets and insurance industry.

2he 4< asked if I9ve heard the name of :loydInsurance co. or 3einsurance co.. I said 3einshe asked 4H to ask a ain and he said he9s don

Over to 4= who ave me a situation>% 4ayank, you have mentioned you workdetailed plan/>e 2ried to ive &yaan like approachinconvince him. In the hindsi ht, I think I could>3 'o you know the 4arket share of 3elian>e I feel it was a trap 0uestion and they e pinsurers hardly have a market share in &endistributed amon other 1 Ok hat type of course it was and is it w>e; Des sir it was an online course and an e? l

>1 2hat is very nice, as it free or you paid>e; Sir, it was free of cost, it was initiative ofcountries.>1 :et us come to &eo raphy now. ;ervous>e; ;o Sir, I am comfortable with &eo raphy>1 hat is population of India/>e; Sir as per %##< census or %#1 6an you tell me both/>e; Sir as per 6ensus %##< it was 1 Ok tell me most populous state.>e; @ttar Pradesh>1 %nd rank/>e; 4aharashtra

>1 Hrd/>e; Sir Bihar

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estured yes you are ri ht. One really needs to hav

s. I replied yes Sir, they are considered to be fatherurance $a ain a uess) and he said yes they are thee.

ed in sales also. If you have to market an educati

ducational institutes, print media advertisementhave iven a lot better plan than thise eneral/cted a random H#?H"J answer from me. I said Sirral Insurance. Around #?*#J market share is wrs. I6I6I :ombard and Ba5a5 Allian7 continue to b

hare of more than ?!J in the circumstances. Fe she affairs of Insurance industry. I said I3'A. ith

o know.

Hth of Ruly at SBI :earnin 6enter 2halte5, Ahre were


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>1 =th/>e; est ben al>1 ok ok ok, thats enou h.;ow 4%>2 Dou are workin with 2ribal development department and your address ismentioned as Birsa 4unda Bhavan, who was he/

>e; Birsa 4unda was a rebel leader and led a rebellion a ainst British.>2 Des, he was the leader of first rebellion, still many people don9t know about him.6an you tell me his location at that time/>e; Sir, present Rharkhand and some parts of Odisha.>2 Odisha or Orissa/>e; Sir, Odisha.;ow a ain 41 Ok you are handlin a riculture Pro5ect in 2ribal 'epartment, tell me about cotton

rowin states, where cotton is rown, tell me at least H states out of top "/>e; Sir, &u5arat, Pun5ab and Faryana.>1 ;ot 4aharashtra/>e; Des Sir 4aharashtra, Its %nd lar est producer in India. >1 2ell me about most su arcane producin state/

>e; Sir @P>1 Are you sure/ I think its 4aharashtra.>e; Sir I am confident about my answer, it9s @P.>1 3i ht.;ow 4H4H was Findi speakin person and asked about Findi lan ua e and I mentioned readin philosophy as my hobby.>3 ho is called A3IFA;2/>e; :ord 4ahaveera.>3 4eanin of A3IFA;2 />e; I am not sure sir but can i uess/>3 I will ive you H chances.Ans. sir, it is bein close to odliness>3 ;o

>e; Sir Uhant9 means killin or harmin , so maybe who does not harm anybody, this matches with Rain philosophy so I said this.>3 ;o, ;O A3IFA;2GA3I P:@S FA;2 A3I P:@S FA;2>e; A3I 4eans enemy and FA;2 means killin , so spot on A3IFA;2 means the Uenemy killer9.>3 Des its ri ht Hrd 2ime.>1 Oh sorry to interrupt you but Rains do not believe in Ahimsa.>e; Sir, 4ahaveera had killed all enemies, enemies means :obh kaam krodh maya. So that9s why A3IFA;2.>1 Ok>3 Dour name is PA;QAR QA43A, tell me about QA43A; committee. It9s very very old committee.>e; Sir, I have not heard of Qamran committee.>3 Old name Of Indonesia/>e; Bali;ow 4=>% Bali is island in Indonesia, i t is not old name.

>e ; I only know this.>% 6apital of Indonesia/>e; Rakarta.>% Dou have written you had worked for P3A2FA4, ;&O workin in -ducation sector, ho founded P3A2FA4/>e; 4adam i didn9t work for P3A2FA4. I was volunteer and 5ust worked for


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I had my interview on < th Ruly %#


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1inally don9t miss the BIO?'A2A part as definitely there will be 0uestion on it.

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&reenFouse -ffect 3a5endra Pachauri and IP66 6han e of leadership in Pakistan and it9s impact on India Fow can we make administration and overnance better in lar e states, if division is not a feasible option. hy do I want to leave my current 5ob $I am a Senior software en ineer with Infosys :imited) Euit India 4ovement omen President of I;6, pre?independece Qar il war, Li5ay 'iwas ;obel Pri7e 4a saysay Award 4ohd. Dounis $;obel pri7e winner from Ban ladesh) 'ifference between ;-12 and 32&S 'ifference between 6he0ue and '' 6ause of rupee downfall

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put durin e am. 1urther, make note of your test centre as it was also bein asked to test the authenticity of the candidate in0uestion.

)ase 2 After the verification, we were taken to a conference room and then the panel arrived. 2hey ave us a topic and ave %minutes time to ponder over the issue. 2hen each person is iven a % minute duration to convey his points. After one round, they

ave each of us one more minute to conclude8add upon our discussion if any. 2hen , the panel left and we were kept waitin in thehall . Our &' topic was 2here should be a moratorium on strikes and bandhs for


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hat are the measures to improve the state of rural India/ nswer Improve literacy rate, improve state of a riculture, financial inclusion to eradicate rural indebtedness, improveinfrastructure of rural India and also health status of the rural people.

:ater he started askin me how you as an individual can help people, the moment I started to say spread awareness of education,financial literacy. Fe interrupted sayin will you o and teach each villa er individually, fill up their forms individually/ 1or which Isaid a 0uote of Baba Amte? It9s better to teach a hun ry man to catch a fish than to feed him a fish everydayC. It ended thereVV

2hen Hrd member took over. Euestions were more on -conomy

Base 3ate Fow can Base rate affect an economy 'eficit financin . I41 and its historical si nificance.

I was able to answer all these 0uestions comfortably

Overall it was a very ood e perience and all other candidates were very friendly and the panel was also cordial.

LL B 9 >0LYPPP

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