Bank Clerk Exam Interview Questions

I am looking for Bank Clerk Exam Interview Questions, will you please provide here???

[Kiran Chandar]

You are looking for Bank Clerk Exam Interview Questions, I am giving here:

Tell me about yourself.
What is your weakness
Do you have any actual work experience?
Why don’t you join some private company?
Will you relocate?
Why do you want to work in the Banking industry?
How is your professional knowledge useful for our organization?
What will you do if you get a better offer?
Are you a team player?
What are your short-term goals?
Aren’t you over qualified for this position?
Tell us about your extracurricular activities.
Do you have any plans for further education?
What other career options do you have?
Why are you interested in our company?
Do you have any location preferences?
What is your long-term objective?
What is a Bank?
Tell us about your education?
What goals do you have in your career?
How do you plan to achieve these goals?
What have you been doing after graduation?
Where do you see yourself, five years from now?
When did you decide on Banking career?
Why did you choose this career?
Why should I hire you?
What do you know about banking?
Q’s related to your achievements?
What are your hobbies?
What do you know about our company? (Should have an idea about important products from various banks, tag lines etc…)
How will your professional knowledge be helpful in the Banking career?
What is your greatest strength?
Why are you leaving your current position? ( for working professionals)
Do you handle pressure well?
Who is your role model?

Sir I want to do preparation for the Bank Clerk Exam Interview so can you please gie me some interview questions

[Shaleen]

Here I am giving you some for the most important Bank Clerk Exam Interview Questions


What is CRR
Cash Reserve Ratio is percentage of customer's deposits with commercial banks that they need to deposit with RBI. Right now it's 4%.

What is SLR
Statutary Liquidity Ratio is the percentage of liabilities and time deposits that commercial banks need to keep with them in form of Cash, Gold or Government approved securities. Right now SLR is 22%



What are various services provided by a commercial bank ?
Lockers
Safe custody of funds
Advancing loans
Fund transfers
Periodic payments
Underwriting of shares
Dealing in foreign exchange
Discounting of loans
Overdraft
Must read - Functions of Banks
What is PPF
Public Provident Fund is a tax saving investment for individuals.

Features :-
Number of deposits per year - 1 to 12
Minimum deposit - Rs 500
Interest received is tax free
Investment is exempted under section 80(c)

What are various investments under section 80(C) of Income Tax act
Fixed deposit (5 years)
PPF
Equity mutual funds
ELSS
EPF and VPF
NSCs (National Saving Certificate)
ULIPs
NPS (Pension plans)
Life insurance

Minimum lock-in period for Tax saving Fixed Deposit
5 years


What are NPAs
NPA stands for Non-Performing Assets.

Bank gives loans and advances to it's customers. These loans and advances are bank's assets. When the customers don't repay back the bank's money they don't perform. Such assets are known as Non-Permoerming Assets.

Read more about NPA's here

What was the purpose of setting up NABARD

NABARD is the apex institution for the development of farm sector , cottage industries and small scale industries in rural areas.
What are various functions of RBI
Government’s banker and performs banking functions for the central and the state governments.
Bankers of banks
Maintain liquidity in the economy
Regulator of country's financial system
Regulates and facilitates foreign trade advisor to the Government of India
Issue currency notes
Must read - RBI Bits

What is Bank rate

Rate at which RBI lends money to commercial banks without any security.

What are open market operations
Buying and selling of government securities and bonds in open market by Government to maintain desired liquidity levels.

What is Sensex and how it is calculated
Sensex is the index of top 30 stocks in Bomaby Stock Exchange(BSE)

Value of Sensex is calculated using "Free Float Market Capitalization" method.

Free float ratio is number of outstanding shares available for general public to trade.

Formula to calculate Sensex :-




What is CP ?
Commercial paper is a short term unsecured debt instrument.


What is IRDA and what are it's functions

Insurance Regulatory And Development Authority (IRDA) is the sole authority to regulate the insurance industry in India , to ensure the growth of insurance industry and protect the interest of policy holders.