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1. What is a Bank? How does a Bank earn profit?

Types of banks in India with explanation &


examples? Functions of different banks? Bank is the Backbone of our Economy-why?
Objectives of setting up the RRBs?
1. Retail Banking, Relationship Banking, Investment Banking, Overseas banking, Personal
Banking?
2. Detailed roles & functions of RBI? How does RBI control our Economy? Name of Governor &
Deputy Governors of RBI. (Dont forget to put SIR before name of the Governor)?
3. Monetary Policy of RBI (both Quantitative & Qualitative measures)? Clear conception of
different Ratios i.e. SLR, CRR, Repo, Reverse Repo, MSF, Bank Rate & relations between them?
Effects on our Economy if RBI changes (increase & decrease both) these ratios?
4. Objectives & Act related to Nationalization in 1969 & 1980?
5. Names of H.O, CMD & Taglines of 10 Public Sector, 5 Private Sector, 5 Foreign banks in
India?
6. Differences (must have clear conceptions & detail knowledge of each n every term)
PUBLIC & PVT SECTOR BANKS, SAVINGS & CURRENT A/C, FIXED & RECURRING
DEPOSIT A/C, WPI & CPI, LAF & MSF, NEFT & RTGS, GDP & GNP, GROSS & NET NPA,
WORLD BANK & IMF, SECURED & UNSECURED LOANS, DEMAND LOAN & TERM LOAN,
OVER DRAFT & CASH CREDIT, CAPITAL MARKET & MONEY MARKET, SHARE v/s BOND v/s
DEBENTURES, CHEQUE & DEMAND DRAFT, LIBOR & MIBOR, FISCAL POLICY &
MONETARY POLICY, DEBIT & CREDIT CARD, FISCAL & REVENUE DEFICIT, FOREIGN
DIRECT INVESTMENT & FOREIGN INSTITUTIONAL INVESTOR, INITIAL PUBLIC OFFERING
& FOLLOW ON PUBLIC OFFERING, VOTE ON ACCOUNT & INTERIM BUDGET, SENSEX &
NIFTY, NBFC & BANK, WHITE & BROWN LEVEL ATM, DIRECT & INDIRECT TAX, GENERAL
& LIFE INSURANCE, LIMITED & PVT LTD COMPNAY, EXCISE & CUSTOMS, TIER 1 & TIER 2
CAPITAL.
7. What is a Loan? Pledge, Hypothecation & Mortgage, Reverse Mortgage, 5C? What is NPA?
Types of NPA? Internal & External causes of NPA? Preventive measures before & after
sanctioning a loan/ How do you control the NPA of your bank as an Officer? Fundamentals of
Asset Reconstruction Company, SARFAESI Act , Corporate Debt Restructuring, Lok Adalat &
Debt Recovery Tribunal? Priority Sector Lending? Sectors coming under it? Limit of Home &
Education Loan under this sector?
8. Highlights of NI Act1881? What are the Negotiable Instruments a/c to NI Act 1881 (Cheque,
CP & Bills of Exchange)? Under which section of NI Act1881, bouncing of a cheque is a criminal
offence? General & Special Crossing, Endorsement & different types of Cheque (Order, Bearer,
Crossed etc)?
9. Know Your Customer norms of RBI & Anti Money Laundering, PMLA 2006? Financial
Inclusion- Kisan Credit Card, BSBDA, PMJDY, Relaxation in KYC Norms?
10. Demat, Dormant, Inoperative & Unclaimed Accounts?
11. MSME- Ranges of amount for manufacturing and Service sector? MSMED Act 2006?
12. Line of Credit, Letter of Credit, Bank Guarantees, Garnishee Order?
13. Explain a Balance Sheet? What are the Asset & Liability products are there in a Balance
Sheet of a Commercial Bank?
14. Important TerminologiesALM, BULL & BEAR, REER, CAMELS, CRAR, NDTL, CSR, ASBA, CURRENCY CHEST, FEMA,
LIQUIDITY, REVERSE MORTGAGE, WMA, CASA, CBS, CTS-2010 & CTS-2010 CHEQUES

Features, TREASURY BILL, DEPOSITORY RECIEPT, I-BANKING , M-BANKING, E-BANKING,


ECS, EFT, DICGC, IFSC, MICR, SWIFT, IMPS, INFLATION, DEFLATION, STAGFLATION,
RECESSION, DISINVESTMENT, DEVALUATION, SDR, SEZ, CORPORATE GOVERNANCE, EGOVERNANCE, OPEN MARKET OPERATIONS, POP, POS, MUTUAL FUNDS, SHG/JLG,
BANCASSURANCE, BANKING OMBUDSMAN, BASIS POINT SYSTEM, BPLR/BASE RATE,
NOSTRO, VOSTRO, DEMAT A/C, MATERIAL ALTERATION, TDS, PLASTIC MONEY,
BITCOINS, SDR, SUB PRIME CRISIS, FOREX (FOREIGN EXCHANGE RESERVE)
U can Refer FAQ section of RBI website for comprehensive concepts
INDIAN ECONOMY & GK
1. CURRENT ACCOUNT DEFICIT (CAD)- Balance of Trade & Balance of payment?
2. Rupee Depreciation & Appreciation? Its causes? Preventing measures? As the Finance
Minister of the Union or RBI Governor how do you control it? Causes for fluctuating price of gold
& petroleum products?
3. Eurozone Crisis? Basel Accords- Objective & Features of Basel I, II, III?
4. Highlights of RBI Act, Banking Regulation Act & Indian Coinage Act?
5. Design of Indian Currency notes, who has invented the design & where? Under which act RBI
issues Coins & Currency Note? Notes & Coins production plants of RBI? Why Govt of India
issues 1 Rupee Note & Coin?
6. Objectives of CRISIL, ICRA, CIBIL, CARE, ONICRA (Credit rating agencies)?
7. Existing CAD, WPI, CPI, GDP percentage? Indias growth forecast by IMF, WORLD BANK,
ADB etc?
8. Highlights of Union Budget, Railway Budget, Economic Survey Report of India (2014-15)?
9. PAN, NPS, PDS, ADHAAR, CENSUS & Women Empowerment in India?
10. Planning Commission of India- Current Chief, Objectives/ Functions ?
11. 5 YEAR PLANS of India? Highlights of Current 5 YEAR PLAN?
12. Head Quarters, Current Chiefs & Functions/ Operations of IBA, SEBI, NABARD, IRDA,
PFRDA, UIDAI, FMC , SIDBI, FICCI, CII, ASSOCHAM, NASSCOM, ICC, NSDL, NPCI, NSEL,
MCX-SX, MCX, NMCE, FATF, ADB, WTO?
13. Names of Chief Information, Election & vigilance Commissioner, Chief Justice, Solicitor
General, Attorney General of India, National Security Advisor, Finance Secretary, Comptroller &
Auditor General, Chiefs of Army, Navy, Air Force, Coast Guard, BSF, CBI, RAW, IB, ITBP, NIA,
NSG, CRPF, CISF, BARC, ISRO, DRDO, CBDT?
14. Comparative ranking of officers and different types of salutes in Indian Army, Navy & Air
Force, Coast Guard?
15. Capitals of all States & Union Territories of India? Name of Important Cabinet Ministers of the
Union & States? Name of Governors & Chief Ministers (cover all female CMs) of important
States? Top & least States and Union Territories of India in terms of Population, Area, Literacy,
Sex ratio (try to memorize the figures)?
16. Elections in India? Parliament of India? Seats in Lok & Rajya Sabha? How MP, MLA,
Governor, Chief Minister, Prime Minister & President of India are elected? Salary of PM, CM,
President, Governors, Chief Election/Information Commissioner & Chief Justice of India?
17. Gather some knowledge about our National Anthem, National Flag & Indian Constitution?
18. G-20, G-5, SAARC, BRICS, ASEAN, UNO, NATO, US Federal Reserve, Capital & Leaders of
Super power Countries around the world like Russia, Japan, China etc?
Collect as much as information about India, West Bengal & specially Kolkata & your locality from

Wikipedia, memorize some figures like Population, Area, all India rankings, symbolic birds,
flowers, animal of Bengal etc.
HR & OTHERS
2. Introduce yourself (not more than 1.30 minutes, emphasize on what r your positive
achievements so far)? Family background? Strength, Weakness, Hobby (be very very very
specific & informative in these 3 questions)?
3. Why Banking? Why banking after B.Tech/B.Sc/MCA/M.Sc/any other Technical Degree? Why
should i select you as we have options fromB.Com, MBA, CA? How does ur Technical
Knowledge will help our Banking Sector?
4. How will u handle your rural posting? How do you manage your co-workers? How do you
handle a customer shouting at you & even abusing you? How would you sell our Schemes,
Products to our Customers? Explain Customer Relationship Management?
5. Significance of your Name, Surname, Date of Birth, Locality & resemblance with famous
persons?
6. 5 or 10 yrs down the line where do you expect yourself?
7. Some examples of your past leadership quality, some memorable & successful moments?
8. What are the Job responsibilities of a PO? Gross Emoluments & Basic pay of a PO (JMGS-I)?
Promotional hierarchy of Officers in a PSB starting from Asst Manager to CMD?

Banking website:
www.insightsonindia.com
www.bankersadda.com
www.mrunal.org
www.newsonair.com
www.nirdeshak.com
www.jagranjosh.com
www.gktoday.in
http://www.affairscloud.com/
http://www.bankexamstoday.com/
http://currentaffairs-businessnews.com/
http://marketbusinessnews.com/
What is Basel Norms ?

Bureau of International Settlement (BIS) headquarters at Basel, Switzerland has


appointed a committee to supervise and to set some standards for International
Banks. This committee is known as Basel Committee on Bank Supervision (BCBS).
The rules and regulations for Banks issued by this committee were called Basel
Norms / Accords. There are three Basel Norms, namely Basel I, II and III.
Basel I Accord : This was issued in 1988. This accord focused on the capital
adequacy of financial institutions. Banks that operate internationally are required to
have a risk weight of 8% or less. India adopted Basel I Norms in the year 1999.
Basel II Acord : This is the second of the Basel Accords, published in the year 2004.
This consists of the recommendations on Banking Laws and Regulations issued by
BCBS.
Basel - II norms are based on 3 pillars:
a.)Minimum Capital - Banks must hold capital against 8% of their assets, after
adjusting their assets for risk
b.)Supervisory Review - It is the process whereby national regulators ensure their
home country banks are following the rules.
c.)Market Discipline - It is based on enhanced disclosure of risk.
Basel III Accord : Basel III guidelines were released in the year 2010. This is to
enhance the banking regulatory framework. It builds on the Basel I and Basel II
documents and seeks to improve the banking sector's ability to deal with financial
and economic stress, improve risk management and strengthen the banks'
transparency.
It is widely felt that the shortcoming in Basel II norms is what led to the global
financial crisis of 2008. That is because Basel II did not have any explicit regulation
on the debt that banks could take on their books, and focused more on individual
financial institutions, while ignoring systemic risk. To ensure that banks don't take on
excessive debt, and that they don't rely too much on short term funds,
Basel III norms were proposed in 2010. - The guidelines aim to promote a more
resilient banking system by focusing on four vital banking parameters viz. capital,
leverage, funding and liquidity. - Requirements for common equity and Tier 1 capital
will be 4.5% and 6%, respectively. - The liquidity coverage ratio(LCR) will require
banks to hold a buffer of high quality liquid assets sufficient to deal with the cash
outflows encountered in an acute short term stress scenario as specified by
supervisors. The minimum LCR requirement will be to reach 100% on 1 January
2019. This is to prevent situations like "Bank Run". - Leverage Ratio > 3%:The

leverage ratio was calculated by dividing Tier 1 capital by the bank's average total
consolidated assets