Professional Documents
Culture Documents
Wear Light
shirt (white shirt) and a grey or black pant and black shoes clean polished.
Enter into the interview hall with all your academic documents (certificates)
Tell, May I come in Sir. Once allowed to come in. Greet the Panel as Good
Morning(From 8AM to 12 PM0 or Good Afternoon (From 12 PM to 4 PM) or
Good Evening Sir ( After 4 PM)
Once offered a seat, please tell thank you sir
Please tell us something about yourself?
Please introduce yourself ?
Please a brief introduction about yourself ?
Which area do you belong to? Which college have you done your graduation ?
Where was your schooling from?
5. What was your percentage in Matriculation, 10 + 2 and Graduation.What
subjects you had taken
6. What was your score in the written examination.
7. What do you know about Odisha Gramya bank ?
8. How many nationalized banks are there in India ? In which year did the banks
get nationalized.
9. Is Odisha Gramya Bank a nationalized bank?
10. Where is the head quarters or headoffice of Odisha Gramya Bank?
11. What is bank and what are its functions ?
12. What is the necessity of GRamya Bank when there are so many nationalized
banks in India like SBI, Bank of India, Indian Bank etc
13. How is Gramya bank different from Co-operative society.
14. What is Cash Reserve Ratio.
15. How is a demand draft different from Bankers cheque
16. What are the different types of loans.What is the percentage of interest levied
on them
17. What is a balance sheet /Annual Report/bank statement.
18. Why do you want to join the Odisha Gramya bank?
19. What do you do in your leisure time or what are your hobbies
20. Do you read news papers ? Who is the editor of the news paper ?
21. What is core banking ?
22. What is the difference between RTGS and NEFT?
23. What is Dhan Jan Yojana ? what is PMJBY and PMSBY ?
24. What is retail banking ?
25. What are the different types of loans and deposit schemes in gramya bank?
26. What is OGB Smart card ?
1.
2.
3.
4.
You must need to mention the following points while giving answer:
Personal Information
Educational Qualification
Ans8: A term fixed deposit is an economic instrument offered by banks which gives
investors with a high rate of interest than a normal savings account, until the provided
maturity date. It can or cannot need the creation of a separate account.
Ques 9. What is the difference between credit and debit card?
Ans9. Debit Card: It can be useful when you are going to purchase something and by using
this, amount of money will be deducted from your current account - from funds that you
already have available.
Credit Card: It run up an amount that you will owe in the future, a balance that you will be
necessary to pay back at a afterward date.
Ques 10. What is Net Banking and what are its uses?
Ans10. The term net banking is refer to as a online banking that can be used to make the
transactions electronically. Its major use to sale and purchase the things electronically by
using the online system.
Ques 11. What is CRR?
Ans11: The Acronym of CRR is Cash Reserve Ratio. It is a specific minimum fraction of the
total deposits of customers, which commercial banks have to hold as reserves with the
central bank.
Ques 12. What is exchange rate?
Ans12: The meaning of exchange rate is to change the value of one currency for the
purpose of conversion to another.
Ques 13. What is CBS?
Ans13: CBS stands for Core Banking Solution and it is a network of branches, which allows
Customers to manage their accounts, and gain the benefit of banking services from any
branch of the Bank on CBS network. The customer is no more the customer of a Branch
because he becomes the Bank's Customer.
Ques 14. What is amount and interest rate?
Ans14: The term amount is too treated as a quantity of something like money. The Term
interest rate is a proportion of a loan that is charged as interest to the borrower, typically
expressed as an annual percentage of the loan outstanding.
Ques 15. What is the difference between current account and savings?
Ans15: Current Account is generally created for industry purposes and banks pay no
interest on the balances held therein and Savings Bank account is one in which little
investments can be done and earn small amount of interest.
Sir, before answering to your question I would like to ask you with your kind permission
what salary you provide to new entrants in your organization at this level.
8) Can you give three reasons why would you like to join our Bank?
Ans. Three reasons why I would like to join your company are:
a) Since your company provides a strong core competency, very strong value systems and
best practices so I believe I have a strong vision of viewing me as a project leader in your
company.
b) Your company has one of the fastest growth rates and turnover in the industry and that
would mean a faster growth rate for me as a professional.
c) The practices of your company are more employee and customer oriented.
9) What is Cheque?
Ans. Cheque is a negotiable instrument containing conditional order to pay sum of money to
the person mentioned on it or to the bearer of the instrument.
10) What is Inflation?
Ans. It is a state where money looses the value hence prices will go up (or) Decreasing the
value of money.
11) What is an NRI a/c?
Ans. NRI stands for Non Resident Indian. An Indian who is residing in abroad can open an
SB a/c in Indian banks. These accounts are called NRI a/cs.
12) What is Reverse Repo rate?
Ans. The rate at which RBI pays interest to the banks
1. What is bank?
Ans. Bank is financial institution which accepts deposits from the public for the purpose of
lending.
2. Types of banks?
Ans. Nationalized banks, Private Banks, Foreign banks, Regional rural banks, Co-operative
banks, Industrial banks etc..,
3. What is a nationalized bank?
Ans. Banks which are owned and run by government of India are called as nationalized
banks. There are total 20 nationalized banks. State bank of India has got 7 subsidiaries they
are State bank of Hyderabad, State bank of Mysore, State bank of Travancore, State bank of
Indore, State bank of Sourashtra, State bank of Bikaner, state bank of Jaipur.
4. When banks are nationalized?
Ans. In 1969: 14 banks were nationalized.
In 1980: 6 banks were nationalized.
5. What is a Private bank?
Ans. Banks which are owned and run by individuals are called private banks.
6. What are foreign banks?
Ans. Banks which are foreign originated [based] are called foreign banks
7. What is RBI [Reserve Bank of India], when it is established and what are its functions?
Ans.: RBI established in 1935, its head office in Mumbai. Present Governor of RBI D. Subba
Rao.
Its functions:
1.
2.
3.
4.
RBI is also called as "bankers bank", because all banks will have a/c's with RBI. It provides
funds to all banks hence it is called as BANKERS BANK.
8. What is RRB'S (regional rural banks)?
Ans. Main purpose of RRBs is to improve banking habit in rural areas and save formers from
money lenders.
RRBs works under supervision of NABARD (National Bank for Agriculture and Rural
Development)
NABARD head office is at MUMBAI.
9. What are co-operative banks?
Ans. The main purpose of co-operative banks is to co-operate small scale industries, and to
provide small loans.
Interview
Freshers
Questions
and
Answers
for
Some of the questions those generally being asked by the interviewer with assumed
answers from the interviewee are likely as follows:
1) Tell me about yourself. Use Picture Frame Approach
Suggested Answer - Answer in about two minutes. Avoid details, dont amble. Touch on
these four areas:
How many years, doing what function, Education credentials, Major responsibility and
accomplishments, Personal summary of work style (plus career goals if applicable)
2) Why should we hire you in our Organization?
Suggested Answer - Tell about the strengths and achievements so
interviewers come to know about your fitness for the job. Remember
interviewers are very experienced, so never say something about yourself
you try to outsmart saying something untrue will disqualifies you from job
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions
19)Tell some of the Qualitative methods used by RBI for credit control in the country ?
20)Tell some of the Quantitative methods used by RBI for credit control in the country ?
21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a countrys central or federal bank on loans and
advances to control money supply in the economy and the banking sector. This is typically done on a
quarterly basis to control inflation and stabilize the countrys exchange rates. A fluctuation in bank rates
triggers a ripple-effect as it impacts every sphere of a countrys economy. For instance, the prices in stock
markets tend to react to interest rate changes. A change in bank rates affects customers as it influences
prime interest rates for personal loans.
22)What is Cash Reserve Ratio CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve
Bank of India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is
10% then a bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with
the RBI as liquid cash.
23)What is Statutory Liquidity Ratio SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form
of cash, or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity
Ratio is determined and maintained by the Reserve Bank of India in order to control the expansion of
bank credit.
24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is
the rate at which our banks borrow currency from the central bank. A reduction in the repo rate will help
banks to get Money at a cheaper rate. When the repo rate increases borrowing from the central bank
becomes more expensive.The Reverse repo rate is the rate at which the central bank borrows from the
banks, while the Repo rate is the rate at which the banks borrow from the central bank.
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative
bank, Private bank, Foreign bank ?
26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.
27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by
the RBI on the monetary bill hold by the Banks
28))Important Terms?
SLR Statutory liquidity ratio
CRR - Cash reserve ratio
Repo rate - It is the rate at which RBI lends money to Banks.
Reverse Repo Rate It is the rate at which Banks park their funds with RBI
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and
to borrow and lend money. It is an institution for receiving, keeping, and lending money
Read more: corporation bank interview questions for Clerks www.corpbank.com http://www.freejobalert.com/corporation-bank-interviewquestions/13636/#ixzz3dc6IaIXX
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative
bank, Private bank, Foreign bank ?
26)What Is Inflation?
A) Inflation is increase in price of products & decrease in value of money.
27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by
the RBI on the monetary bill hold by the Banks
28))Important Terms?
SLR Statutory liquidity ratio
CRR Cash reserve ratio
Repo rate - It is the rate at which RBI lends money to Banks.
Reverse Repo Rate It is the rate at which Banks park their funds with RBI
Bank Rate It is the rate at which RBI lends money to Banks.
Call money rate It is the rate of interest charged by the banks for temporary borrows among banks
Ledger
Tender Money Currency issued by RBI Optional Money Cheques, DDs, Bankers Cheques
Plastic Money Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods
and services by the card holder within specified limits and according to terms and conditions of the issuer
Bank without having any account. Debit card is e-Cheque which can be used within the limits of the credit
in the account associated with it for financial transactions.
Core Banking Networking of Banks for providing any where any time Banking is called Core Banking.
Merchant Bank provides capital to firms in the form of shares rather than money.
Investment Banks tend to provide investment to firms.
Corporate Banking looks after the needs of big firms, companies, business entities.
Business Banking looks after needs of medium level business firms, entities, individuals.
Retail banking focuses to provide services to individuals.
Private banking focuses to provide services to high net worth individuals.
Lead Banking focuses on providing all type of financial services.
Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and
to borrow and lend money. It is an institution for receiving, keeping, and lending money.
Prepare well for the interview. Have a hair cut , a clean shave .Wear Light
shirt (white shirt) and a grey or black pant and black shoes clean polished.
Enter into the interview hall with all your academic documents (certificates)
Tell, May I come in Sir. Once allowed to come in. Greet the Panel as Good
Morning(From 8AM to 12 PM0 or Good Afternoon (From 12 PM to 4 PM) or
Good Evening Sir ( After 4 PM)
27. Please tell us something about yourself?
28. Please introduce yourself ?
29. Please a brief introduction about yourself ?
30. Which area do you belong to? Which college have you done your graduation ?
where was your schooling from?
31. What was your percentage in Matriculation, 10 + 2 and Graduation.What
subjects you had taken
32. What was your score in the written examination.
33. What do you know about Odisha Gramya bank ?
34. How many nationalized banks are there in India ? In which year did the banks
get nationalized.
35. Is Odisha Gramya Bank a nationalized bank?
36. Where is the head quarters or headoffice of Odisha Gramya Bank?
37. What is bank and what are its functions ?
38. What is the necessity of GRamya Bank when there are so many nationalized
banks in India like SBI, Bank of India, Indian Bank etc
39. How is Gramya bank different from Co-operative society.
40. What is Cash reserve ratio.
41. How is a demand draft different from Bankers cheque
42. What are the different types of loans.What is the percentage of interest levied
on them
43. What is a balance sheet /bank statement.
44. Why do you want to join the Odisha Gramya bank?
45. What do you do in your leisure time or what are your hobbies
46. Do you read news papers ? Who is the editor of the news paper ?
47. What is core banking ?
48. What is the difference between RTGS and NEFT?
49. What is Dhan Jan Yojana ? what is PMJBY and PMSBY ?
50. What is retail banking ?
51. What are the different types of loans and deposit schemes in gramya bank?
52. What is OGB Smart card ?
Odisha Gramya Bank is established on 7th January 2013 with the amalgamation of
Neelachal Gramya Bank, Kalinga Gramya Bank and Baitarani Gramya Bank as per
the Government of India ,Department of Financial Services,Ministry of
finanace,Notification No. F.1/1/2012-RRB dated 07.01.2013 issued under subsection(1) of section 23A of Regional Rural BankAct 1976(21 of 1976).The share
capital of the Bank is contributed by the Government of India(50%),the
Government of Odisha(15%) and the Indian Overseas Bank(35%) .Indian Overseas
Bank is the sponsor bank.
The Head Office of the Bank is loacated at Bhubaneswar.The bank has 9 regional
offices located at Balasore, Baripada, Cuttack, Chandikhol, Dhenkanal, Jashipur,
Khurda, Keonjhar and Pipli. The bank has a network of 525
branchesspreadover13DistrictsinOdishaStateviz.,Angul,Balasore,Bhadrak,Cuttack,D
henkanal,Jajpur,Jagatsinghpur,
Kendrapada,Keonjhar,Khurda,Mayurbhanj,Nayagarh,Puri.
To provide training to our Staff members a Learning Centre is established at
HO.Bank has set up Central Clearing Office at Bhubaneswar.Bank has a house
magazine called SRUSTI .
Sri B. Nayak
Chairman, Odisha Gramya Bank
Head Office, Gandamunda
PO-Khandagiri
Bhubaneswar-751030
DOC-29.11.2014
Shri T. K. Pradhan
Director,
Institutional Finance & Ex-Officio Additional Secretary to
Government of Odisha,
Finance Department,
Odisha Secretariate,
Bhubaneswar -751001
Odisha