IBPS RRB PO 2022 INTERVIEW TIPS

IBPS RRB PO 2022 INTERVIEW PREPARATION TIPS
RRB PO 2022 INTERVIEW PREPARATION TIPS

First of all, main advice to all the students who are going to attend the interview is that irrespective
of your Mains marks, if you perform well in the interview with full confidence, you can surely crack
the job. While preparing for interview just give your 100% to it and don’t let the low/high Mains
marks thing to come to your mind. Just give your best and you will also get the best results.
Make ready of all the documents whichever is needed for the interview.
If you don’t have any of the document or you forget to take it to interview, don’t get tensed in the
interview venue. They will give you some time to submit the left-out documents after your selection
process is over. But try to take all the documents whichever they had mentioned in the interview call
letter.
Make sure you are taking the same passport size photograph which you have submitted for both
prelims and mains examination.
Necessary Documents
a) Your call letter printout and Application form printout. (Reach the center 1 hour before the
reporting time)
b) Date of Birth Certificate or Xth Board certificate
c) Id proof (Aadhaar/PAN Card/Driving License etc) - In case there is some mismatch in your
original name and Aadhar or spelling error in father name or anything, apply online for the
rectification and carry the acknowledgement that you will receive or make an affidavit. Take PAN
card with you as well.
d) Class Xth and XIIth Certificate + Marksheet. (In case any one of it is missing, make an affidavit
regarding the same that you will give the original/duplicate copy before joining and take a printout of
digital marksheet- self attested)
e) Graduation: Degree Certificate + All semester marksheet and consolidated marksheet. If original
degree is not there, use provisional degree. If any of your marksheet is lost, download it online,
make an affidavit and self-attest the downloaded copy and if you can get a letter from your college
on the college letter head that you have cleared all semester, that will be great.
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f) Caste certificate
g) NOC: In case you have mentioned in Application form about working somewhere you will need it,
else there is no need.
h) Disability Proof if any
i) If you are an Ex-serviceman Candidate, has to produce a copy of the service certificate from a
competent authority
j) Passport size photographs
k) Any extra qualification or extra-curricular activities certificate if mentioned in application
l) Character certificate - 2 (For SBI)
m) Bio-data Fom (For SBI – Take 4-5 photocopies of it) – Fill all the details carefully as all the panel
members would be having your bio data form and ques will be asked based on that data. Generally
panel members try to find something unique so that every candidate interview is somewhat
different. So, it is of utmost importance.
n) Identity Certificate (For SBI)
Before Interview:
1. Make sure you have prepared well about your personal questions like your family background,
educational qualification, about your native place etc.
2. Go through the current affairs of the past one month.
3. Get relaxed on the previous day of your interview and sleep well.
4. Make sure that have taken all the certificates.
On the day of interview:

1. Make sure you reach the place of venue before one hour.
2. Arrange the documents in the order which they have displayed on the board.
3. Feel and stay relaxed until you are called inside the interview room. Because this is the crucial
time, we have to be more confident and stay cool and calm.
Greeting and Entry inside the Room

1. If the door is closed, knock and ask for permission to enter. After reaching inside, greet the
panel members. First greeting should be towards the female member and then the male members.
2. If you forget to greet the female member first, there itself you will be trapped. You will get
some questions based on women empowerment and so on. So, it is very important.
3. Like for e.g. Good Morning/Evening Ma’am and Good Morning/Evening Sirs. But note, don’t sit
unless they ask you to do so.
4. Sit straight and don’t fold your leg. Keep your back and hands straight on the thighs and have
a smile on your face.
5. Even if you don’t know the answer don’t start making any faces or say the words umm/uhh like
that, this creates a negative impact of yours. Kindly reply Sir, I don’t have enough knowl edge on this
particular topic. I will surely update knowledge regarding this topic.
6. Always remain calm and composite and keep a smiling face throughout the interview.
Sometimes panel members try to put you in a difficult situation just to test your patience level. The
interview is surely to check your attitude, decision making, handling difficult situations. It is not a
place to check your knowledge. Therefore, stay cool and relaxed. They are checking whether you
are eligible for this post or not. So, try to give them convincing answers.
7. Language will not be a barrier. If you are not able to convey the answers in English clearly,
they will give to chance to talk in your mother tongue. But it will be better if you deliver the answers
in English.
8. Don’t make any arguments with the panel members. If they something that what you said is
not correct, reply them “Ok sir, I will update my knowledge”.
9. Try to maintain eye contact with all the panel members.
10. While answering too, do turn your head towards all of the members so that they don’t feel left
out. This shows confidence
11. After the interview is over say ‘Thank You Sir/Mam’ and close the door gently.
IF YOU SCORE HIGH MARKS IN INTERVIW, THERE WILL BE HIGH CHANCES OF GETTING
THE POST.SO FORGET ABOUT THE MAINS MARKS AND PRPEARE FOR INTERVIEW.
DRESS CODE FOR INTERVIEW

MALES:
• Light color shirts (White/ light blue or any other color)
• Dark Trousers (Black, Navy Blue, Brown)
• Well-polished shoes (black or brown)
• Tie (optional – Better to wear it to get a professional look, if you wear a tie the collar button
should be closed and should not be left loose)
• Blazer (optional – Better to wear it to get a professional look, you can ace the interview without
it as well)
• Never try a new look before going to the interview. Take hair cut at least 3-5 days ago. Do not
sport a beard for interview, it is advised that you shave and present yourself in a neat and
formal look.
• The belt should be dark in colour too. Avoid wearing any material with a glossy finish to the
interview.
• Wear dark socks with mid-calf length so that no skin is visible even when you sit down.
FEMALES:
• Light color Kurta (White/ Pink/ Sky Blue or any other color) [Avoid wearing dark shades or
sparkling clothes]
• Trouser/Leggings (black or grey preferable)
• Salwar Kameez (if not wearing Kurta Trouser)

• Dupatta (optional – better to wear as it will give a complete look to your dress)
• Saree (if you are able to handle it properly)
• Shoes (Belly/ Sandals – prefer flat ones over inches ones)
• Jewelry (Small Earrings [not long ones and not with too much glamour], sobber chains/
bangles can be worn)
• Keep the make-up conservative. Use a little make-up just to give a polished look. Avoid
wearing dark colour lipstick or nail colours.
DOs AND DON’Ts OF INTERVIEW

DOs
• Be punctual and make sure that you are 10 minutes early.
• Dress in formals appropriately. Extremes in fashion or very casual clothes should generally be
avoided. Look neat and clean.
• Bring a copy of all relevant documents, so you can refer to them if necessary. Read the
instructions of the interview call letter carefully and bring the necessary things mentioned in it.
• Make eye-contact. Remember to talk to the person/ interview panel (not the walls or ceiling of the
room or at their shoes).
• Make sure you fully understand the question and query any point about which you may be doubtful
and express yourself and your views clearly.
• If you are being interviewed by a panel, ensure that you direct your answer to the person who
asked the question, while still including the other interviewers by making brief eye contact.
• Ask questions when the interviewer asks you if there is any query in your mind. But that shouldn't
be vague.
• Show enthusiasm for the company and the position.
• Make sure that you always present your skills in a positive light. Even when describing your
weaknesses, you should always show them what you are doing to rectify it.
• Make sure that you have an idea about where you want to be in the future and can relate the
future goals to your application for the present position. You must be able to answer the question
"Where do want to be in five years’ time?" or "How do you plan to become successful in this job?"
• If some questions is asked regarding central government/ state government or some political
related questions, try to give neutral answers. Don’t say the answers which is supporting particularly
one party/government.
If you are not knowing answers for some of the questions, some of the panel members will help you
by giving some hints. Try to make answers from their hints.
DON’Ts
• Don't assume that an invitation to a job interview means that you have a job offer “in the bag.”
That’s wrong and a big mistake and the farthest thing from the truth! You should be confident but
NOT Overconfident.
• Do not mention anything in your introduction that you don’t want the interviewer’s
thoughts to be redirected at and asked questions upon.
• Try not to answer questions with a simple “yes” or “no.” Explain whenever possible. Describe
those things about yourself that showcase your relevant talents, skills, and determination. Give
detailed examples of your accomplishments.
• Never respond to an unexpected question with an extended pause or by saying something like,
“wow, that’s a good question.” A short pause before responding is okay. Ask for a clarification if you
don’t understand the question or want guidance on what is an appropriate response. Remember
these are elder professionals in interview panel; you should be respectful, humble and polite with
your opinions.
• Don't wear too much perfume, makeup or aftershave. Your appearance shouldn't be too flashy or
unique. Wear strictly formal clothes
• Don’t bluff your answers in front of the panel members. Answer only truth and if you don’t know
any answer Simply say Sorry Sir/Mam I don’t know about this but I will definitely read about it later.
• Avoid showing any nervousness reflexes such as nail biting, shivering, stammering, and trembling.
• Don’t fidget and try not to use too many hand gestures.
What all is being assessed?

• First and foremost, your Body Language & your etiquettes as soon as you enter theroom in which
the Interview panel is sitting.
• Greet them appropriately. Take a note of time and wish accordingly Good Morning/Good Afternoon.
Be soft but be audible and clear.
• Next thing is your level of confidence and clarity of thoughts. How well you canarticulate your
thoughts and knowledge that you have.
• Your personality is assessed by asking questions on your family background, youracademic
performances and any extra-curricular activities that you had indulgedyourself in during your school
and college years. These things give them theknowledge of how active and consistent you had been
in your past and also throwssome light on way you had handled things.
• In SBI, the panel members will be having your Bio data form and panelist will try to look for an
information that makes you unique from other candidates and very rarely they ask for Intro rather
they will look if you have done something great at your academics or have any distinct certificates or
have some unique hobby. So, if you want to lead the interview then you can work on something that’s
your USP (Unique Selling Point).
Q1. Tell me something about yourself?
Give a brief introduction of yourself in about 1-2 minutes talking about your which city you belong,
graduation, post-graduation (if any), work experience (if any), about family, about your hobbies.
When asked to introduce yourself, make it a point to always state your full name first. Say it with a
smile and confidence as if it is the most wonderful name, you have ever heard. Avoid saying “Myself
Shreya Sharma” as it is grammatically incorrect, instead simply say, “I am Shreya Sharma” or “My
name is Shreya Sharma”.
Try to be honest and give short and crisp introduction so that panel members don’t feel like you are
unnecessarily exaggerating the things.
Ans: I am xxx, hailing from yyy city. I have done BTech in Electronics and Communication which got
completed in June 2018. From August 2018, I am working as a Technical Analyst in TCS. Coming
to my family, my father is a Junior Engineer in Haryana PWD. My Mother is a home maker and my
elder brother runs a garment shop.
[Note: a) Here the graduation mentioned is B-tech which is totally different to banking so there’s a
high possibility of cross questioning.
b) Work experience is mentioned so cross questions about what was your role there, why don’t you
pursue your career in that field only, why switch to banking.]
[Don’t just abruptly stop talking with an ambiguous pause after you are finished introducing yourself
to the interviewer. You can conclude by saying, “Well, that was a brief introduction of my journey so
far.” Have a smile on your face when you say it.]
Q2. What is the meaning of your n ame?
This is a very common and basic question that a candidates may face at a bank interview. You must
know the meaning of your name and mythological importance of your name. If your name is peculiar
then there’s definitely a chance that panel members will ask for the meaning.
Q3. You hail from yyy…. yyy is famous for? Or any historical significance of this place?
This calls for a background knowledge of the city or state from where you belong. Do prepare for
things which are popular about your city/state. The areas that you must focus are popular crops,
language spoken, tribes if any, recently in news for, national parks or sanctuary, industrial areas,
vegetation, boundaries of your states and names of states that touches your state, literacy rate [due
to National educational policy], sex ratio etc.
Ans: My town Budge Budge is located on the banks of river Hooghly. It is known as one of the most
important industrial hubs of West Bengal. Industrial units like IOCL, BPCL, HP are located there. It
is the hub of several jute mills of our state and also the main thermal plant of CESC is located here
which provides electricity connection to Kolkata and other sub-urbs.
Q4. You graduated in 2017/2018/2019 and this is 2021 now. Why this gap? What were you doing
all those years?
This answer can be subjective as some of you might have been preparing for other government
exams or you were perhaps handling family business or working in Pvt. Sector. Whatever is the
story. Be truthful about it and tell that. They have enough experience to judge if you bluff it.
In case you were preparing this whole time, then below can be a suitable answer.
Sir, after my graduation I started preparing for competitive exams and with such a huge competition,
continuously changing pattern, adapting to the new changes took little time. It was unfortunate for
me that at times I missed pre by whisker and some times mains disappointed me. Despite these I
continued my preparation because I have invested my time here and I won't go barehanded and
today I am here. Meanwhile all this time, I was giving tutions to support myself financially and not
become a burden to my family.
Remember an honest answer goes a long way
Q5.How can you be a value addition to our bank?
Try to connect your qualification and relevant experience with the organization. The candidates from
fields like engineering, science etc. also apply for the bank job. These candidates can relate their
qualifications or subject they studied in their graduation with the banking sectors. Try to show a little
banking knowledge here. Show that you are interested in this job from several years with a valid
reason.
Ans: Sir/ Mam, Although my knowledge or experience might not have direct connection with
banking but qualities like: thinking out of the box, working in teams, leadership skills, handling work
pressure, continual assessments that I have developed in my engineering and job are surely going
to be a plus point with which I will be easily able to handle things and bring business to bank and
add value in the bank.
Q6. So, you are an engineer/maths graduate/ physics grad/ arts/BSc/literature etc. Tell me why
banking as a career?
Use the points given below to frame your answers:
1. Being a fresher and engineer at the same time, we have lesser career options to get into. These
days good companies are recruiting through Employee Referrals and if you are lucky
enough to get one, then they offer very less to freshers which may not be sufficient enough for a
person to survive in a Metro city.
2. I was an average student during engineering. Being from a non IIT college, it is pretty hard to get
into a good company. There are some companies which provide jobs to fresher but they ask you to
work for BPO division and then after a year or two, you may apply for internal positions in any other
division.
3. Banking is the only sector that has the fastest recruitment process and where freshers have an
equal opportunity to grab the Social as well as the Financial status of a Bank Officer.
Answers provided are for various streams
Economics Graduate:
Since I am from an economics graduate and banking is all about economy hence, I think there
should not be any better combination than this. My background and knowledge would me to judge
every economic aspect related to the sector and work accordingly. I can make an impact in the
organizational agendas with my economic ideas and solutions which can help my organization
better off in every field.
For all those streams which don't directly relate to banking. This can be a good answer as for these
questions. [For BSC, Arts, Physics, Maths Grad,]:
Sir to be honest, every graduate aspires to have a well settled job where promotional aspects are
better and at the same time offer job security. So, after judging various job profiles, I finally chose
banking owing to its quick recruitment process and coming from BSc/Maths/Art field I am well
versed with the aptitude part of the test that gave me an extra edge while preparing. Again, better
promotional policies and dynamic and demanding nature of the job makes this sector one of the
most sought-after field by aspirants and I was no exception. That's it.
For English/Literature Graduate:
Thanks to my graduation in English literature that my communication skills are good and I can very
well interact with customers belonging to South India or NRIs. I can very well present various
policies and programmes to public during fieldwork. Also, I am a good speaker and can lead my
bank whenever I will get a chance. Etc. Public administration knowledge will help in providing
insights regarding how to implement a particular program effectively for the masses, ensuring
equality and social welfare. Also, during policy framework, I can give good insights on areas such as
social development, inclusive growth etc. (Do prepare some insights, as follow up questions will be
there)
Also, indirectly, my background in English Literature or for that matter Literature of any language
teaches you about human emotions which in turn will help you connect with the people and
empathies with them. In banking, the more you understand the customer and their needs, the more
you can benefit both your organization as well as the customer.
A follow-up question for CSE/ECE/IT candidates:
Why not SO but PO ?
Looking at the job profile of SO, it is mainly concerned with software and all (dig a little into the
profile), so it's According to me a reserved area. Whilst I want to be versatile. PO gives you
opportunity to have good knowledge in real banking and interact with lot many people to create a
large social impact and is a challenging one while SO would mainly be like a kind of desk job. And I
being a CSE/ECE/IT graduate I can help in work of SO also if required.
Q7.What are your hobbies?
Hobbies give an insight into your personality. So, mention them carefully and once you have
mentioned them, you must know well about them. For example: if the candidate says that playing
cricket is his/her hobby, then the candidate must know about the number of players, rules and
regulations, about the recent cricket match, a little about cricket players also and all current news
related with it.
[Note: Mentioning a hobby just for the sake of doing it without a proper knowledge about it will be
disastrous.]
Ans: In my free time I love to make some meaningful things from the waste materials basically doing
crafting. On my father’s birthday I made a happy birthday writing each word with an old calendar
and decorating it with pictures of my family.
This year on Diwali I collected all the left-over candles of previous years to make candles of my own
designed shape by making candle stands of shapes I like with other waste materials.
Q8. How do you feel you would be a good probationary officer?
Ans: As per me A good PO should have the following qualities:-
a) Managerial abilities
b)Leadership quality
c)should be polite, well-versed and a good listener.

d)must be calm and tactful to handle any kind of stress.
e) should be a team man and know the optimum way to achieve the maximum etc.
f) Also he should possess quick learning ability so as to cope with technological advancements in
the banking operations
g) should be able to take new initiatives for the betterment of the people and bank.
[Note: Here you can try to relate your educational background also if it is of agriculture field that you
will able to understand rural people needs better, you can mention your previous work experience
like you know how to manage a team, how to handle stress and long working hours, your
achievements if any related to work to create a positive impact]
Q9. Suppose you got posted to a remote area far away from home where the day-to-day facilities
are not that good. What will be your mindset then?
Ans: If i get posted to an extremely remote area where facilities are not that good then first my
priority would be to adapt myself to what is available to me there because I can’t get everything
everywhere and execute properly to perform to my maximum ability for my organization there.
Q10. What is the future of banking sector in India as per you?
Ans: India being the 2nd most populated nation in the world requires a robust and giant-sized
banking system to fulfill govt's agenda of banking services to all. Being a developing country in the
global arena banks have a key role to play in the economic development of our nation. What is
required is an efficient and strict management for controlling the banks so that they don’t fall prey to
bad administrative decisions.
Q11. What's on your take on loan waiver of farmers? Is it b eneficial for the country?
Ans: It is beneficial to some extent for regrowth or rejuvenation of dilapidated farmers, which in turn
help economy to grow. But this is a temporary solution. Govt. should look for new policies and
should also introduce policies to improve the condition of farmers so that they can implement better
irrigation methods, suitable fertilizers and also cold storage in every village should be made. This
way they will be able pay all their dues in future.
Negative side of this is, Farmers may think that the next loan which they will take will be waived
some day by government, hence they may not pay dues thereby increasing NPAs for banks.
Q12. What are your views about work-life balance? / Would you be willing to take your work home?
Ans: According to me, work-life balance is when you give equal importance to your work and
personal life. Because, I believe personal life is also important as our work. If we are not happy
inside, then how we can give our 100% to our work. Well, i will try to complete my task at office. But
if there is any situation to complete the work near deadline. Then i will bring work to my home.
Afterall, I will give first priority to my work.
Q13. Why has the government come up with different institutions for facilitating financial inclusion
and support to small industries like payment banks, small finance banks, micro finance institutions,
lead bank scheme, etc. and why not just one consolidated bank that offers all the services?
Ans: The foremost reason is “to avoid monopoly, increase efficiency and reduce burden from one so
and so bank”. The other points is “To effectively tackle each and every class of Indian economy
separately. Different banks for different purpose give everyone a chance to participate in the
economy. And as far as the need is concerned, Payment’s bank can't be popular in technologically
backward area but micro finance is for handling those areas effectively, similarly micro finance
institutions can't be a solution for corporate loan of big business houses.
Q14. What is the government logic behind the merger of banks ?
Ans : The merger will lead to a substantial rise in:
1. customer base
2. market reach
3. operational efficiency
4. Wider bouquet of products services for customers
• Employees interests will be protected.
• Brand equity to be preserved.
• All three banks are on Finacle CBS Platform.
• Capital support will be ensured.
Q15. What is disinvestment and contrast it with privatization and your personal take on it?
Ans: Disinvestment refers to transferring of one's shares over any material object/commodity to
another person/entity/group of individuals. Privatization refers to complete withdrawal of one's
stakes in any material object to such a limit that he/she losses ownership power over it.
Disinvestment is good to some extent to bring efficiency, competitiveness in any organization
whereas privatization occurs only when someone/govt is in huge need of money or when the
concerned org/object is underperforming.
Q16. What do you understand by the GDP of the country?
Ans: The final value of all the goods and services produced under the geographical area of a
country is the Gross Domestic Product of that country. GDP is calculated at consumption,
investment and exports and imports are subtracted from the sum of these three.
Q17. How can you prove yourself as a valuable asset to the bank?
Ans: Consider your unique perspective, your enthusiasm, your work ethic, and your ability to
collaborate. Additionally, you can use some examples of characteristics and skills to demonstrate
your value to a company.
Q18. Will you leave this job if you get a better Job opportunity?
Ans: You should tell the interviewer, "For now I am not looking forward to changing jobs, because I
want to work where I can work for a longer period of time and achieve both my personal and
organizational goals. But if in future, I believe that changing jobs will expose me to new challenges
and opportunities, I will be looking forward to that also.” In these kinds of questions, candidates
outrightly deny the possibility of changing jobs, but it is not the ideal case. Because it is human
nature, that when we get better opportunities, we switch jobs and careers.
Q19. What qualities should one possess to be a Bank officer? Do you think you have these qualities?
Ans: You can talk about different qualities that you think a bank PO should have. Here is a list of
qualities that we consider is essential for a Bank PO.
• Organized mind.
• Good Communication Skills.
• Efficient.
• Good mathematical ability
• Friendly and Cooperative Nature.
• Quick Learning ability.
• Leadership
• Management
• Team player
• Alert & Awareness
• Honesty & Integrity
You can mention some of these qualities, and also mention how you possess them.
Q20. Do you care for the society? / What are the social issues you care about? / Do you do anything
about them?
Ans: Yes, I do care about society. I believe in giving back to society. If we have more than enough
then it is our duty to share it with unprivileged ones. I mostly care about the illiteracy & hate on the
based on caste, religion etc. I think by giving proper education to the underprivileged section of the
society both the problem can be solved. We distribute clothes, provide books and stationaries to
kids in orphanage and even provide food on some special occasions at leprosy home and old age
home. Spending time with them and bringing smiles on their face really it's so blissful.
Q21. Do you have any questions for us? / Would you want to ask the panel something before you
leave?
Ans: Thank you sir for giving me this chance. In the end I would like to say only one thing that it was
nice and memorable experience with you. I wish to meet you again in future with my dream job.
There is not any question from my side which I can ask you. Thank you sir. Have a nice day.
GK EXERCISE
Q. Who is the chairperson for our bank/organisation?
Q. Where is the headquarters of our organisation situated at?
Q. How many branches do we have?
Q. What is the tagline of our bank?
Q. What is SBI old name?
Q. What do you know about banks mergers?
Q. Express your views regarding privatisation of banks in India.
Q. In which bank do you have an account?
Q. What type of account do you have and what are different types of bank accounts?
Q. Where are the headquarters of that bank and who is the chairperson?
Q. How RBI controls the Foreign Reserve?
Q. What is CAD- Current Account Deficit? .
Q. Information about Credit Rating Agency?
Q. What is Plastic Money?
Q. Why have you opened an account in that particular bank?
Q. How many digits are there in your bank account?
Q. What is IFSC Code, where your bank’s nearest branch to your residence is and what is its IFSC
code?
Q. What is KYC?
Q. What is the tagline/moto of your bank?
Q. What is the logo of the bank you have an account in?

Q. Do you have any Fixed or Recurring deposits? What are the current interest rates in your bank?
Q. Does you bank/ our bank was recently in news related to any topic? If Yes, then elaborate.
Q. Have you taken education or any other type of loan? Or have your parents taken any sort of
loan?
Q. What are different types of loan?
Q. What is the interest rate of the loan you’ve taken?
Q. Does the bank you have an account in have any overseas branch?
Does our bank have any overseas branch?
Q. What are payment banks? Have you yet opened an account in any payment bank?
Q. How many payment banks are there?
Q. You belong to a different state (ABC) and wish to join as RRB PO in XYZ, Justify your reasons?
Q. Which states are situated in the boundary of state where you apply? Like for Bihar, Boundary of
bihar..
Q. What do you know about XYZ state? (This question will come only when you are applying from
other states)
Q. What type of crops are famous in xyz states (Xyz = state where you filled)
Q. What is meant by Agriculture and allied activities and what role does NABARD play?
Q. You seems to come from a urban background, how will you cope up with Rural posting?
Q. We think you will join IBPS OR SBI later on. So why RRB?
Q. Mention some of the qualities of PO ? Or some work performed by PO in RRBs.
Q. Name some famous personalities from xyz state. Or Name some famous players from xyz state.
Q. What is your hobby and prepare extra questions relating your hobby and state. Like if you like
playing cricket, then cricketers from xyz etc..
Q. How will you improve the condition of RRBs?
Q. How can you educate villagers regarding the products of the bank and gain their trust?
Q. 5 ways to improve rural banking or 5 problems while working in Rural banks and how will you
solve them ?
Q. You were working in a MNC (only for working candidate ) , so there was prospect of going
abroad. Then why RRBs?
Q. Some basic banking awareness questions like (What is banking, types of accounts etc..)
Q. What is difference between mergers, acquisitions and takeovers?
Q. How is GDP Calculated. Is GDP calculation flawed?
Topic 1: RESERVE BANK OF INDIA (RBI) & ITS FUNCTIONS
• RBI established on April 1, 1935 under RBI Act 1934(recommendations of John Hilton Young
Commission 1926 –called Royal Commission on Indian Currency & Finance), is the central bank of
the country & was nationalized w.e.f Jan 01,1949.
• Originally it was a shareholders’ bank which was taken over by the Central Govt. under
Reserve Bank (Transfer of Public Ownership)Act 1948 (paid up capital Rs. 5 cr).
• RBI’s central office is in Mumbai.
• RBI is not expected to perform the function of accepting deposits from the general public.
• RBI has its headquarters at Mumbai.
• RBI decides the following rates namely; Bank rate, repo rate, reverse repo rate & cash reserve
ratio.
• The quantitative instruments of RBI are – bank rate policy, cash reserve ratio & statutory
liquidity ratio.
• The objective of monetary policy of RBI is to control inflation; discourage hoarding of
commodities & encourage flow of credit into neglected sector.
• When RBI is lender of the last resort, it means that RBI advances credit against eligible
securities.
• The method which is used currently in India to issue currency note– minimum reserve system.
For issuing notes, RBI is required to hold the minimum reserves of Rs. 200 crore of which note less
than Rs.115 crore is to be held in gold.
Topic 2: FUNCTIONS OF RBI
Tools used in Currency Management
• Four printing presses print and supply banknotes. These are at Dewas in Madhya Pradesh,
Nasik in Maharashtra, Mysore in Karnataka, and Salboni in West Bengal.
• The presses in Madhya Pradesh and Maharashtra are owned by the Security Printing and
Minting Corporation of India (SPMCIL), a wholly owned company of the Government of India. The
presses in Karnataka and West Bengal are owned by the Bharatiya Reserve Bank Note Mudran
Private Limited (BRBNMPL), a wholly owned subsidiary of the Reserve Bank.
• Coins are minted by the Government of India. Reserve Bank is the agent of the Government
for distribution, issue and handling of coins. Four mints are in operation: Mumbai in Maharashtra,
Noida in Uttar Pradesh, Kolkata, and Hyderabad.
Banker & Debt Manager to the Government
• Managing the government's banking transactions is a key RBI role. Reserve Bank of India has
undertaken the traditional central banking function of managing the government’s banking
transactions. The Reserve Bank of India Act, 1934 requires the Central Government to entrust the
Reserve Bank with all its money,
• remittance, exchange and banking transactions in India and the management of its public
debt. The Government also deposits its cash balances with the Reserve Bank.
• RBI by agreement, act as the banker and debt manager to State Governments. Currently, the
Reserve Bank acts as banker to all the State Governments in India (including Union Territory of
Puducherry), except Sikkim. For Sikkim, it has limited agreement for management of its public debt.
• As a banker to the Government, RBI receives and pays money on behalf of the various
Government departments. It also undertakes to float loans and manage them on behalf of the
Governments.
• It provides Ways and Means Advances – a short-term interest bearing advance – to the
Governments, to meet temporary mismatches in their receipts and payments. Besides, like a
portfolio manager, it also arranges for investments of surplus cash balances of the Governments.
• It acts as adviser to Government, whenever called upon to do so, on monetary and banking
related matters.
• Under the administrative arrangements, the Central Government is required to maintain a
minimum cash balance with the Reserve Bank. Currently, this amount is Rs.10 crore on a daily
basis andRs.100 crore on Fridays, as also at the annual account closing day of the Centre and the
Reserve Bank (end of March and June).
• All the State Governments are required to maintain a minimum balance with the Reserve
Bank, which varies from state to state depending on the relative size of the state budget and
economic activity. To tide over temporary mismatches in the cash flow of receipts and payments,
the Reserve Bank provides Ways and Means Advances/Overdraft to the State Governments. The
WMA scheme for the State Governments has provision for Special Drawing Facility(SDF) and
Normal WMA. A State Government account can be in overdraft for a maximum 14 consecutive
working days with a limit of 36 days in a quarter.
Banker to Banks
• Banks need their own mechanism to transfer funds and settle inter-bank transaction-such as
borrowing from and lending to other banks-and customer transactions. RBI fulfills the role of
banker's bank.
• Banks are required to maintain a portion of their demand and time liabilities as cash reserves
with the Reserve Bank. For this purpose, they need to maintain accounts with the Reserve Bank.
• In order to facilitate a smooth inter-bank transfer of funds, or to make payments and to receive
funds on their behalf, banks need a common banker. By providing the facility of opening accounts
for banks, the Reserve Bank becomes this common banker, known as ‘Banker to Banks’ function.
The function is performed through the Deposit Accounts Department (DAD) at the Reserve Bank’s
Regional offices.
• RBI monitors operations of these accounts to ensure that defaults do not take place. It also
facilitates remittance of funds from a bank’s surplus account at one location to its deficit account at
another. Such
• transfers are electronically routed through a computerised system called e-Kuber.
• RBI also introduced the Centralised Funds Management System (CFMS) to facilitate
centralised funds enquiry and transfer of funds across DADs. This helps banks in their fund
management as they can access information on their balances maintained across different DADs
from a single location.
• As Banker to Banks, it provides short-term loans and advances to select banks, when
necessary, to facilitate lending to specific sectors and for specific purposes. These loans are
provided against promissory notes and other collateral given by the banks.
• As a Banker to Banks, the Reserve Bank also acts as the ‘lender of the last resort’. It can
come to the rescue of a bank that is solvent but faces temporary liquidity problems by supplying it
with much needed liquidity when no one else is willing to extend credit to that bank. The Reserve
Bank extends this facility to protect the interest of the depositors of the bank and to prevent possible
failure of the bank, which in turn may also affect other banks and institutions and can have an
adverse impact on financial stability and thus on the economy.
RBI’s Monetary Policy
What is Monetary Policy?
Monetary policy refers to the policy of the central bank with regard to the use of monetary
instruments under its control to achieve the goals specified in the Act. Reserve Bank of India (RBI)
is vested with the responsibility of conducting monetary policy. This responsibility is explicitly
mandated under the Reserve Bank of India Act, 1934.
Objective of Monetary Policy

• The primary objective is to maintain price stability while keeping in mind the objective of
growth. In May 2016, RBI Act, 1934 was amended to provide a statutory basis for the
implementation of the flexible inflation targeting framework.
• The amended RBI Act also provides for the inflation target to be set by the Government of
India, in consultation with the Reserve Bank, once in every five years. Accordingly, the Central
Government has
• notified in the Official Gazette 4 per cent Consumer Price Index (CPI)inflation as the target for
the period from August 5, 2016 to March31, 2021 with the upper tolerance limit of 6 per cent and the
lower
• tolerance limit of 2 per cent.
• The monetary policy framework aims at setting the policy (repo)rate based on an assessment
of the current and evolving macroeconomic situation; and modulation of liquidity conditions to
anchor money market rates at or around the repo rate.
What is MPC?
Section 45ZB of the amended RBI Act, 1934 provides for an empowered six-member monetary
policy committee (MPC) to be constituted by the Central Government. The Members of the current
MPC are as follows:
1. Governor of RBI – Chairperson - Shaktikanta Das
2. Deputy Governor of RBI, in charge of Monetary Policy – Member - Michael Debrata Patra
3. One officer of RBI to be nominated by the Central Board – Member - M K Saggar
4. Dr. Shashanka Bhide
5. Dr. Ashima Goyal
6. Prof. Jayanth R. Varma
(Members referred to at 4 to 6 above, will hold office for a period of four years or until further orders,
whichever is earlier.)
The MPC determines the policy interest rate required to achieve the inflation target. RBI's Monetary
Policy Department (MPD) assists the MPC in formulating the monetary policy. Financial Markets
Operations Department (FMOD) operationalises the monetary policy, mainly through day-to-day
liquidity management operations.
Instruments of Monetary Policy
Repo Rate: The (fixed) interest rate at which the Reserve Bank provides overnight liquidity to banks
against the collateral of government and other approved securities under the liquidity adjustment
facility (LAF).
Reverse Repo Rate: The (fixed) interest rate – at which the Reserve Bank absorbs liquidity, on an
overnight basis, from banks against the collateral of eligible government securities under the LAF.
The LAF consists of overnight as well as term repo auctions. The aim often is repo is to help
develop the inter-bank term money market, which in turn can set market based benchmarks for
pricing of loans and
deposits, and hence improve transmission of monetary policy.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow
additional amount of overnight money from the Reserve Bank by dipping into their Statutory
Liquidity Ratio (SLR) portfolio up to a limit [currently two per cent of their net demand and time
liabilities deposits (NDTL)] at a penal rate of interest. This provides a safety valve against
unanticipated liquidity shocks to the banking system.
Bank Rate: It is the rate at which the Reserve Bank is ready to buy or rediscount bills of exchange
or other commercial papers. The Bank Rate is published under Section 49 of the Reserve Bank of
India Act, 1934.This rate has been aligned to the MSF rate and, therefore, changes automatically as
and when the MSF rate changes alongside policy repo rate changes.
Cash Reserve Ratio (CRR): The average daily balance that a bank shall maintain with the Reserve
Bank as a share of such per cent of its NDTL that the Reserve Bank may notify from time to time in
the Gazette of India.
Statutory Liquidity Ratio (SLR): The share of NDTL that banks shall maintain in safe and liquid
assets, such as, unencumbered government securities, cash and gold. Changes in SLR often
influence the availability of resources in the banking system for lending to the private sector.
Open Market Operations (OMOs): These include both outright purchase and sale of government
securities for injection and absorption of durable liquidity, respectively.
Market Stabilisation Scheme (MSS): This instrument for monetary management was introduced in
2004. Surplus liquidity of a more enduring nature arising from large capital inflows is absorbed
through sale of short-dated government securities and treasury bills. The cash so mobilised is held
in a separate government account with the Reserve Bank.
Other Points to look at
Under the amended RBI Act, the monetary policy making is as under:
a) The MPC is required to meet at least four times in a year.
b) The quorum for the meeting of the MPC is four members.
c) Each member of the MPC has one vote, and in the event of an equality of votes, the Governor
has a second or casting vote.
d) Once in every six months, the Reserve Bank is required to publish a document called the
Monetary Policy Report to explain:
i. the sources of inflation; and
ii. the forecast of inflation for 6-18 months ahead.
Topic 3: FISCAL POLICY
Fiscal policy deals with the government policy concerning changes in the taxation and expenditure
overheads and components, while Monetary policy, deals with the changes in the factors and
instruments that affect the supply of money in the economy and the rate of interest. The government
of India deals with fiscal policy (through Annual Budget and other timely interventions), while RBI is
responsible for execution of monetary policy.
Capital and Revenue Expenditure:
Capital Expenditure of the Government refers to that expenditure which results in creation of fixed
assets. They are in the form of investment. They add to the net productive assets of the economy.
Capital Expenditure is also known as development expenditure as it increases the productive
capacity of the economy. It is investment expenditure and a non-recurring type of expenditure.

Revenue expenditures are current or consumption expenditures incurred on civil administration,
defense forces, public health and, education, maintenance of Government machinery etc. This type
of "expenditure is of recurrent type which is incurred year after year.
Topic 4: FINANCIAL INCLUSION
Financial inclusion involves
1) Give formal banking services to poor people in urban & rural areas.
2) Promote habit of money-savings, insurance, pension-investment among poor-people.
3) Help them get loans at reasonable rates from normal banks. So they don’t become victims in the
hands of local moneylender.
Some Important initiatives for Financial Inclusion
• Lead banking scheme (LBS).
• No frills account.
• BSBDA
• Business Correspondents (BC) system.
• Swabhiman Campaign
• PMJDY
Lead Bank Scheme
• The Lead Bank Scheme, introduced towards the end of 1969, envisages assignment of lead roles
to individual banks (both in public sector & private sector) for the districts allotted to them.
• A bank having a relatively large network of branches in the rural areas of a given district&
endowed with adequate financial & manpower resources has generally been entrusted with the lead
responsibility for that district. Accordingly, all the districts in the country have been allotted to
various banks.
• The lead bank acts as a leader for coordinating the efforts of all credit institutions in the allotted
districts.
No Frill Account
• 'No Frills 'account is a basic banking account. Such account requires either nil minimum balance
or very low minimum balance. Charges applicable to such accounts are low.
• The RBI in 2005-06 called upon Indian banks to design a ‘no frills account’ – a no precondition, low
‘minimum balance maintenance’ account with simplified KYC (Know Your Customer) norms.
• But all the existing ‘No-frills’ accounts opened were converted into BSBDA in compliance with the
guidelines issued by RBI in 2012.
BSBDA
In 2012, RBI introduced BSBDA. Some important points are:
• This account shall not have the requirement of any minimum balance.
• The services available in the account will include: deposit & withdrawal of cash at bank branch as
well as ATMs; receipt/credit of money through electronic payment channels or by means of
deposit/collection of cheques drawn by Central/State Government agencies & departments;
• While there will be no limit on the number of deposits that can be made in a month, account
holders will be allowed a maximum of four withdrawals in a month, including ATM withdrawals.
• Facility of ATM card or ATM-cum-Debit Card.
Business Correspondent
• Business correspondents are bank representatives. They personally go to the area allotted to
them & carry out banking. They help villagers to open bank accounts, in banking transactions etc.
• Business Correspondents get commission from bank for every new account opened, every
transaction made via them, every loan application processed etc.
A Brief on BSBDA-Small Accounts:
• In BSBDA, banks are required to provide free of charge minimum 4 withdrawals, through ATMs
• Total credits in such accounts should not exceed 1 lakh rupees in a year.
• Maximum balance in the account should not exceed 50,000 Rs at any time
• The total of debits by way of cash withdrawals and transfers will not exceed 10,000 rupees in a
month
• Foreign remittances cannot be credited to Small Accounts without completing normal KYC
formalities
• Small accounts are valid for a period of 12 months initially which may be extended by another 12
months if the person provides proof of having applied for an Officially Valid Document.
Topic 5: FINANCIAL INSTITUTIONS in INDIA
National Bank for Agriculture & Rural Development
• Established on 12th July 1982 on the recommendation of CRAFICARD committee (also called as
Sivaraman Comittee)
• For Agricultural finance, NABARD is the apex organization.
• Chairman:
• Head Quarters: Mumbai
• Rural Infrastructure Development Fund (RIDF) is operated by NABARD, instead in April 1995.
• NABARD is the "Micro-Finance Regulatory Authority"
Small Industries Development Bank of India (SIDBI)
• Small Industries Development Bank of India (SIDBI in short) was established in the year 1990
(Date: 2nd April 1990) under the Small Industries Development Bank of India Act 1989 as a
subsidiary of
Industrial Development Bank of India.
• Chairman-
• Head Quarters: Lucknow
Securities & Exchange Board of India (SEBI)
• It is the regulator for the securities market in India. SEBI was initially established as a non-
statutory body in April 1988, to regulate the working of stock exchange. Later it was given a
statutory status on
April 1992 via SEBI Act, 1992with the following objectives.
• Chairman- Ajay Tyagi
Regional Rural Bank (RRB)

• Regional Rural Bank Were Set Up by An Ordinance In 1975, Later Replaced By Rrbs Act, 1976 As
Pre Banking Commission Recommendation In 1975.
• Father Of RRB is M. Swaminathan.
• The Govt. Of India had appointed a working group on rural banks under the chairmanship of Mr.
M. Narasimhan in 1975.
• First RRBs were set up on 2nd oct.
• Share Holder Contribution In %: Government Of India - 50%, Sponsor Bank - 35% and State
Government 15%.
[Note: Carefully read about all the facts and figures of the sponsor bank of your RRB as panel
members may ask questions about it also.]
EXIM BANK
• The Export-Import (EXIM) Bank of India is the principal financial institution in India for coordinating
the working of institutions engaged in financing export & import trade.
• It is a statutory corporation wholly owned by the Government of India.
• It was established on January 1, 1982 for the purpose of financing, facilitating & promoting foreign
trade of India.
• Chairman- Yaduvendra Mathur
Banking Awareness for Bank Interview
Q. What is a Bank?
Ans. Bank is a financial institute where we deposit the money. The bank accepts this money for the
purpose of lending and repays it on demand.
Q. What is the major functions of any bank?
Ans. Major Functions of bank are:-
• Accepting deposits from public or firm.

• Lending money to public.
• Transferring money from one place to another.
• Credit creation.
• Act as trustee.
• Keep valuables in safe custody.
Q. In how many types you may categorize the bank in India?
Ans. We can categorize the banks into five categories:
• Central bank (RBI)
• Public sector banks
• Private sector banks
• Co-operative sector banks
• Development bank or financial institution
9. What is NPA ?
Ans : Some insights that will help in all the questions regarding NPA. Non Performing Asset (NPA)
NPA is the acronym for NON PERFORMING ASSET. It is the assets of the banks which do not
bring any return.
Types of Assets:-
1. Standard Asset:- The assets which generate regular income are called standard assets.
2. Sub-standard Asset:- The asset which is overdue for a period of more than 90 days but less than
12 months.
3.Doubtful Asset:- The asset which is overdue for a period of more than 12 months.
4. Loss Assets:- The assets which are doubtful and are considered as non-recoverable by banks.
Out of these types Sub-standard, Doubtful and Loss Assets are included under NPAs.
Causes of NPAs:-
1. Willful Defaults:- The Indian Public Sector Banks are worst hit by these defaults. It is a default in
repayment obligation. Kingfisher Airlines Ltd. Is one among many of those willful defaulters. Other
are Beta Napthol, Winsome Diamonds & Jewellery Ltd., Rank Industries Ltd., XL Energy Ltd. etc.
2. Industrial Crisis:- Industries depend on banks to fulfill their projects. If industry is in crisis, it is
bound to hit the banking sector and their NPA will rise.
3. Credit distribution Mis-management:- Often ill-minded borrowers bribe bank officials to get loans
with an intention of default.
4. Lenient Lending Norms:- One of the main reasons of rising NPAs is the lenient Lending Norms
especially for corporate honchos where their financial status and credit rating is not analysed
properly.
Impact of NPA:-
1. Bank’s profit will come down which they earn in the form of interest.
2. Banks will become reluctant to lend thus affecting their borrowers.
3. Affects the liquidity position of banks.
4. Service to good customers may get affected.
5. Adversely affect the bank balance sheet.
Solution to NPA:-
1. SARFAESI Act:- The act improves the banks/Financial Institutions (FIs) t0 recover their NPA
through acquiring and disposing of the secured assets in NPA account with outstanding amount of
Rs. 1 Lakh and above.
2. DRT Act:- The act provides setting up of Debt Recovery Tribunals and Debt Recovery Appellate
Tribunals for expedition and exclusive disposal of suits filed by banks/FIs for recovery of their dues
in NPA account with outstanding amount of Rs. 10 Lakh and above.
3. Lok Adalat:- Lok Adalat mechanism offers mutually acceptable way of settlement of disputes.
Govt has advised PSBs to utilize this mechanism to its fullest potential for recovery in NPA cases.
From time to time many Norms have been framed to get a hold over rising NPA. And these Norms
have been proved to be beneficial. But out of all these, SARFESI Act, 2002 and DRT Act proved to
be most beneficial among all.
Q Why the government is infusing money in public sector banks? What is the need?
Ans : 1. To draw them out of the NPA losses and strengthen them.
2. To maintain credit flow in economy.
3. To maintain capital as per the Basel 3 accord

Q How bank earns profit?
Ans : The bank earns profit in various ways
a) Banking value chain
b) Accepting deposit
c) Providing funds to borrowers on interest
d) Interest spread
e) Additional charges on services like checking account maintenance, online bill payment, ATM
transaction
Q What do you mean by term “CASA” related to bank?
Ans: CASA stands for Current Account Savings Account. The CASA ratio shows how much deposit
a bank has in the form of current and saving account deposits in the total deposit. A higher CASA
ratio means better operating efficiency of the bank because on current account there is no interest
payable whereas on savings account a tiny 3.5% interest is payable by the bank. CASA ratio shows
how much of the deposit of the bank comes from the current and savings deposit
Q What are the parts of banks’ capital?
Ans: Bank has following parts of capital:-
• Tier 1 capital:- Paid up capital (core capital) + Reserves (owners or promoters’ fund)
• Tier 2 capital:- Secondary Capital (borrowed funds) + general loss reserves + subordinated term
debts + undisclosed reserves (can’t be maintained in India)
• Tier 3 capital: - same as tier 2 capital but with a higher amount in order to face the market risks of
the bank
Q What points are covered in the “Annual Financial Statement”?
Ans: The “Annual Financial Statement” consists of:
• Statements of expenditure.
• Ways and means to raise the revenues.
• An analysis of the actual receipts and expenditure of the closing year.
• The causes of any surplus or deficit in relation to such year.

• An explanation of the economic policy.
• Spending program of the government for the coming year.
• Prospects of revenue.
Q. What is e-KYC? How does e-KYC work?
Ans : e-KYC refers to electronic KYC. e-KYC is possible only for those who have Aadhaar numbers.
While using e-KYC service, you have to authorize the Unique Identification Authority of India
(UIDAI), by explicit consent, to release your identity/address through biometric authentication to the
bank branches/business correspondent (BC). The UIDAI then transfers your data comprising your
name, age, gender, and photograph electronically to the bank. Information thus provided through e-
KYC process is permitted to be treated as an ‘Officially Valid Document’ under PML Rules and is a
valid process for KYC verification.
Q. What are the documents to be given as ‘proof of identity’ and ‘proof of address’?
Ans : The Government of India has notified six documents as ‘Officially Valid Documents’ (OVDs)
for the purpose of producing proof of identity. These six documents are Passport, Driving License,
Voters’ Identity Card, PAN Card, Aadhaar Card issued by UIDAI and NREGA Job Card. Customers
need to submit any one of these documents as proof of identity. If these documents also contain
your address details, then it would also be accepted as ‘proof of address’. If the document
submitted by him for proof of identity does not contain address details, then you will have to submit
another officially valid document which contains address details.
Q. What if the customer don’t have above documents , can he not open an account?
Ans: Yes. He can still open a bank account known as ‘Small Account’ by submitting your recent
photograph and putting your signature or thumb impression in the presence of the bank official.
Q. Is there any difference between such ‘small accounts’ and other accounts?
Ans : Yes. The ‘Small Accounts’ have certain limitations such as: balance in such accounts at any
point of time should not exceed Rs.50,000 total credits in one year should not exceed Rs.1,00,000
total withdrawal and transfers in a month should not exceed Rs.10,000 Foreign remittances cannot
be credited to such accounts. Such accounts remain operational initially for a period of twelve
months and thereafter, for a further period of twelve months if the holder of such an account
provides evidence to the bank of having applied for any of the officially valid documents within
twelve months of the opening of such account.
Q. What is the difference between ‘Cheque’ and ‘Demand draft’?
Ans : Both are used for the transfer of the amount between two accounts of same banks or different
bank. ‘Cheque’ is issued by an individual who holds the account in a bank, while ‘Demand draft’ is
issued by the bank on request, and will charge you for the service. Also, demand draft cannot be
cancelled, while cheques can be cancelled once issued.
Q. What is the denomination and tenure of Treasury bills?
Ans: Denomination: Minimum amount of face value Rs. 25000 & in multiples thereof. There is no
specific amount/limit on the extent to which these can be issue or purchased.
Maturity: 91 days, 182 days & 364 days
Q. What are the Risks in Banking Sector?
Ans: Credit risk: It usually occurs because of inadequate income or business failure. Credit risk
signifies a decline in the credit assets’ values before default that arises from the deterioration in a
portfolio or an individual’s credit quality.
Market risk: Basel Committee on Banking Supervision defines market risk as the risk of losses in
on- or off-balance sheet positions that arise from movement in market prices. Market risk is the most
prominent for banks present in investment banking.
Operational risk: Basel Committee on Banking Supervision defines operational risk “as the risk of
loss resulting from inadequate or failed internal processes, people & systems or from external
events. Operational risk, the risk in all banking transactions
Liquidity risk: Liquidity risk is the risk of a bank not being able to have enough cash to carry out its
day-today operations. Reputational risk—when banks lose the public’s trust: It is the risk of damage
to a bank’s image & public standing that occurs due to some dubious actions taken by the bank.
Business Risk: Business risk is the risk arising from a bank’s long-term business strategy. It deals
with a bank not being able to keep up with changing competition dynamics, losing market share
over time, & being closed or acquired.
Q. What do you mean by D -SIBs?
Ans: D-SIB means that the bank is too big to fail. According to the RBI, some banks become
systemically important due to their size, cross-jurisdictional activities, complexity and lack of
substitute and interconnection. Banks whose assets exceed 2% of GDP are considered part of this
group.
Significance: Should such a bank fail, there would be significant disruption to the essential services
they provide to the banking system and the overall economy. The too-big-to-fail tag also indicates
that in case of distress, the government is expected to support these banks. Due to this perception,
these banks enjoy certain advantages in funding. It also means that these banks have a different
set of policy measures regarding systemic risks and moral hazard issues.
Classification: RBI has to disclose names of banks designated as D-SIB. It classifies the banks
under five buckets depending on order of importance. Based on the bucket in which a D -SIB is, an
additional common equity requirement applies
Q. What is BPS (Basis Points)?
Ans: BPS (Basis point) : - BPS is an acronym for basic points is used to indicate changes in rate of
interest and other financial instrument.
1 BASIC POINT IS EQUAL TO 0.01% So when we say that repo rate has been increased by 25
bps, it means that the rate has been increased by 0.25%
Q. What are the Subsidiaries of RBI?
• Deposit Insurance and Credit Guarantee Corporation of India (DICGC)
• Bharatiya Reserve Bank Note Mudran Private Limited (BRBNMPL)
• Reserve Bank Information Technology Private Limited (ReBIT)
• Indian Financial Technology and Allied Services (IFTAS)
SOME IMPORTANT BANKING TERMINOLOGY

1. Inflation - Inflation refers to a general increase in the price of goods and services. This occurs
when demand for these items grows faster than the supply. The result is more money chasing fewer
goods, and therefore prices increase. Ensuring that your client's investments outpace the rate of
inflation over the long haul is one of the major challenges for an IA.
The most important measure of inflation is the Consumer Price Index (CPI). The stock and bond
markets are very sensitive to changes in the CPI because when inflation rises, purchasing power is
eroded. The ensuing drop in consumer spending has a negative effect on stock and bond prices.
The rate of inflation tends to increase during economic expansions and decrease during recessions.
Inflation tends to be moderate during expansions, and high inflation rates tend to hasten the
transition from peak to recession. Deflation is rare and occurs only during recessions.
2. Deflation - Deflation is a general decline in prices, often caused by a reduction in the supply
of money or credit. Deflation can also be caused by a decrease in government, personal or
investment spending. The opposite of inflation, deflation has the side effect of increased
unemployment since there is a lower level of demand in the economy, which can lead to an
economic depression. Declining prices, if they persist, generally create a vicious spiral of negatives
such as falling profits, closing factories, shrinking employment and incomes, and increasing defaults
on loans by companies and individuals. To counter deflation, the Federal Reserve (the Fed) can use
monetary policy to increase the money supply and deliberately induce rising prices, causing
inflation. Rising prices provide an essential lubricant for any sustained recovery because
businesses increase profits and take some of the depressive pressures off wages and debtors of
every kind.
This is the opposite of inflation, which is characterized by rising prices (do not confuse deflation with
disinflation, which is simply a slowing of inflation). To many economists, deflation is more serious
than inflation because deflation is more difficult to control

3. Stagflation - This is a condition of slow economic growth and relatively high unemployment - a
time of stagnation - accompanied by a rise in prices, or inflation. Stagflation occurs when the
economy isn't growing but prices are, which is not a good situation for a country to be in. This
happened to a great extent during the 1970s, when world oil prices rose dramatically, fueling sharp
inflation in developed countries. For these countries, including the U.S., stagnation increased the
inflationary effects.
4. Recession - In economics, a recession is a business cycle contraction which results in a
general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic
product), investment spending, capacity utilization, household income, business profits, and inflation
fall, while bankruptcies and the unemployment rate rise. In the United Kingdom, it is defined as a
negative economic growth for two consecutive quarters. Recessions generally occur when there is a
widespread drop in spending (an adverse demand shock). This may be triggered by various events,
such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an
economic bubble. Governments usually respond to recessions by adopting expansionary
macroeconomic policies, such as increasing money supply, increasing government spending and
decreasing taxation
5. IFSC (Indian Financial System Code) - Indian Financial System Code is an alpha-numeric
code that uniquely identifies a bank-branch participating in the NEFT system.
• This is an 11-digit code with the first 4 alpha characters representing the bank, The 5th character
is 0 (zero).and the last 6 characters representing the bank branch.
• IFSC is used by the NEFT system to identify the originating / destination banks / branches and
also to route the messages appropriately to the concerned banks / branches.
• For ex: SBIN0015986:
i. First 4-character SBIN – refers to State Bank of India.
ii. 0 is a control number.
iii. last six characters (015986) represents the SBI branch Jail Road, Hari Nagar New Delhi.
6. MICR (Magnetic Ink Character Recognition) - MICR stands for Magnetic Ink Character
Recognition. MICR Code is a 9-numeric digit code which uniquely identifies a bank branch
participating in the ECS Credit scheme.
• MICR code consists of 9 digits e.g 400229128
i. First 3 digits represent the city (400)
ii. Next 3 digits represent the bank (229)
iii. Last 3 digits represent the branch (128)
Note: The MICR Code allotted to a bank branch is printed on the MICR band of cheque leaves
issued by bank branches.
7. Cheque Truncation System (CTS) - Truncation is the process of stopping the flow of the
physical cheque issued by a drawer at some point by the presenting bank en-route to the paying
bank branch. In its place an electronic image of the cheque is transmitted to the payi ng branch
through the clearing house, along with relevant information like data on the MICR band, date of
presentation, presenting bank, etc. This effectively eliminates the associated cost of movement of
the physical cheques, reduces the time required for their collection and brings elegance to the entire
activity of cheque processing.
• Cheque Truncation speeds up the process of collection of cheques resulting in better service to
customers, reduces the scope of loss of instruments in transit, lowers the cost of collection of
cheques, and removes reconciliation-related and logistics-related problems, thus benefitting the
system as a whole.
• Reserve Bank of India has therefore decided to focus on improving the efficiency of the cheque
clearing cycle. Offering Cheque Truncation System (CTS) is a step in this direction.
8. CORE BANKING SOLUTIONS - Core stands for Centralized Online Real-time Exchange.
Core Banking Solutions(CBS) or Centralised Banking Solutions is the process which is completed
in a centralized environment i.e. under which the information related to the customer’s account (i.e.
financial dealings, profession, income, etc.) is stored in the Central Server of the bank (that is
available to all networked branches) instead of the branch server.
9. MMID - MMID stands for Mobile Money Identifier. MMID is a 7-digit code issued by the bank to
their customers for availing IMPS.
10. *99# Service - *99# service launched by NPCI, which works on Unstructured Supplementary
Service Data (USSD) channel. This service was launched in 2014. Banking customers can avail the
service by dialing *99#, a “Common number across all Telecom Service Providers (TSPs)” on their
mobile phone & transact through an interactive menu displayed on the mobile screen.
11. NPCI - National Payments Corporation of India (NPCI) is an umbrella organization for all retail
payments system in India. NPCI was incorporated in December 2008 & the Certificate of
Commencement of Business was issued in April 2009. The authorized capital was pegged at Rs
300 crore &paid up capital was Rs 100 crore.
Products of NPCI:
• National Financial Switch (NFS)
• Immediate Payment Service (IMPS)
• Unified Payment Interface (UPI)
• National Automated Clearing House (NACH)
12. NACH - NPCI implemented “National Automated Clearing House (NACH)” for Banks, Financial
Institutions, Corporates & Government, is a web based solution to facilitate interbank, high volume,
electronic transactions which are repetitive & periodic in nature. NACH System can
be used for making bulk transactions towards distribution of subsidies, dividends, interest, salary,
pension etc. for bulk transactions towards collection of payments pertaining to telephone, electrici ty,
water, loans, investments in mutual funds, insurance premium etc.
NACH’s Aadhaar Payment Bridge (APB) System, developed by NPCI has been helping the
Government & Government Agencies in making the Direct Benefit Transfer scheme a success.
13. BBPS - Bharat Bill Payment System (BBPS) will function as a tiered structure for operating the
bill payment system in the country under a single brand image. National Payments Corporation of
India (NPCI) will function as the authorized Bharat Bill Payment Central Unit (BBPCU), which will be
responsible for setting business standards, rules & procedures for technical & business
requirements for all the participants. Payments may be made through the BBPS using cash,
transfer cheques, & electronic modes.
14. UPI- Launched in 2016
• Unified Payments Interface is an instant payment system developed by NPCI. UPI is built over the
IMPS infrastructure & allows you to instantly transfer money between any two parties' bank
accounts.
• UPI-PIN is a 4-6 digit pass code you create/set during first time registration with this App.
• At present, the upper limit per UPI transaction is Rs. 1 Lakh.
15. BHIM - Bharat Interface for Money is an app that lets you make simple, easy & quick payment
transactions using Unified Payments Interface (UPI). This can be done using just Mobile number or
Virtual Payment Address (VPA). Currently it is available in 12 languages.
• A Virtual Payment Address (VPA) is a unique identifier which you can use to send & receive
money on UPI
16. CRAR - CAPITAL TO RISKWEIGHTED ASSEST RATIO
The Reserve Bank of India had made a norm that every bank has to maintain an adequate amount
of capital on continuous basis and this adequacy of capital is measured in terms of CRAR
17. CASH CREDIT - CASH CREDIT is the system formed by the banks which allows the borrower
to draw amount up to the specified limit.
18. OVERDRAFT - OVERDRAFT is the facility granted by bank to the customers of current
account by which they draw the amount more than the credit balance in their account
19. Consolidated Fund - It is the most important of all government funds. All government
expenditures are made from this fund except the items met from ‘Contingency fund’ and ‘Public
Account Fund’. No money can be withdrawn from this fund without Parliament’s approval.
20. Contingency Fund - Any urgent expenditure is met from this fund. Rupees 500 crore fund is at
the disposal of the president. If any unforeseen expenditure is incurred from this fund requires
approval from the parliament and amount withdrawn is returned to the fund from consolidated fund.
21. PCA - Prompt Corrective Action or PCA is a framework under which banks with weak financial
metrics are put under watch by the RBI. The PCA framework deems banks as risky if they slip
below certain norms on three parameters — capital ratios, asset quality and profitability.
22. Bancassurance - Bancassurance means selling insurance products through banks. Banks and
insurance company come up in a partnership wherein the banks sells the tied insurance company’s
insurance products to its clients.
23. Insolvency- Insolvency is a financial state where an entity is not able to repay its debt that it
owes to its financial or operational creditors.
• Insolvency is a financial status: your debts are greater than the fair market value of your
assets & you're unable to pay your debts as they generally become due.
• State of being not able to pay back the liabilities.
• Condition of having more debts (liabilities) than total assets.
24. Bankruptcy - Bankruptcy is a legal procedure for liquidating a business or property owned by
an individual, which can't fully pay its debts out of its current assets.
• Bankruptcy is a legal status: it's a legal procedure whereupon an insolvent person files for
protection from her creditors so that they cannot commence or continue legal proceedings (like a
wage garnishment) against her to recover their debts.
• In return for this protection, she surrenders her assets to the bankruptcy trustee who becomes
the legal owner of her assets. The trustee then sells her assets and distributes the sale proceeds
amongst her creditors.
• And if she has no assets in the first place, her creditors end up getting nothing. They then write
off their debts against her as a business loss.
25. Balance of payment - It is the difference between a country’s exports and imports.
26. Initial Public Offering (IPO) - An initial public offering is when a private company or corporation
raises investment capital by offering its stock to the public for the first time.
27. Market Capitalisation - It is the aggregate valuation of the company based on its current share
price and the total number of outstanding stocks. It is calculated by multiplying the current market
price of the company’s share with the total outstanding shares of the company.
28. Neo Banking - Neo bank is a virtual bank. A bank without any branches. A bank that is entirely
online rather than being physical. Neo banks are cheaper, faster and they can integrate the entire
financial portfolio in one single platform.
29. Open Market Operations - It is the sale and purchase of government securities and treasury
bills by RBI. The objective of OMO is to regulate the money supply in the economy. When the RBI
wants to increase the money supply in the economy, it purchases the government securities from
the market and it sells government securities to suck out liquidity from the system.
FREQUENTLY ASKED QUESTIONS RRB PO INTERVIEW
1. Tell me about yourself.
2. Meaning of your name.
3. Speciality of your home town.
4. Crops grown in your locality
5. Father and mother occupation related questions.
6. Why you left your previous job?
7. Why banking after Engineering/B.Tech/B.Sc?
8. Strength and Weakness (Tell your weakness in positive manner)
9. How will you adapt yourself to rural area?
10. Your hobbies
11. Previous job profile
12. Huge gap between graduation and job?
13. How is your education useful for RRB?
14. Where do you see yourself in 5 years from now?
15. What will you do if you get some better jobs?
FAQ’S WITH ANSWERS
1. BANK: A bank is a financial institution that accepts deposits from the public and creates a
demand deposit and provide loans with the aim of making profit.
2. RRB: Regional Rural Banks (RRBs) are government owned scheduled commercial banks of
India. They were created to serve rural areas with basic banking and financial services.
3. RRB are formed under NARASIMHAN COMMITTEE.
4. RRB was formed in the year 1975 under RRB ACT - 1976.
5. Capital structure of RRB: Central Government-50%, State Government-15% and Sponsor Bank-
35%
6. Who monitors RRB?
• RRB are regulated by RBI.
• NABARD provides the support system for RRB.
• Sponsor bank looks after the day today activities of RRB.
7. Whether SLR is maintained in RRB or not?
Yes, SLR is maintained in RRB’s.
8. Main function of RRB?
RRB provides deposit schemes and loan schemes as like all other banks. As RRB are mainly
concerned for rural areas, their main focus is on rural development by helping rural people by
providing basic banking facilities.
9. What is Agriculture?
The science, art, or practice of cultivating the soil, producing crops, and raising livestock.
10. What are Crop loans?
Crop loan is a short-term advance that is given to the farmers and agriculturists by banks and co-
operative societies. The loan amount can be used to purchase improved seeds, fertilizers,
machinery etc. The crop loans are provided as agriculture is a priority sector.
11. What is Kisan Credit card (KCC)?
KCC are issued to:
• meet the short-term credit requirements of the farmer.
• To meet the post-harvest expenses.
• For marketing and consumption expenses.
• Working capital for maintenance of farm assets.
12. Impact of Merger in RRB?
The proposed RRB merger and bringing down their tally from the existing 56 to 36 will usher in
better scale-efficiency, higher productivity, robust financial health of such banks, improved financial
inclusion and greater credit flow to rural areas. Besides, the move will enable RRBs to minimise
their overhead expenses, optimise the use of technology, enhance the capital base and area of
operation.
13. Can Current account be opened in RRB?
Yes, CA can be opened in RRB’S.
14. What types of problems are faced by farmers nowadays?
• Major problem faced by farmers nowadays is getting right price for their produce.
• Due to low inflation and depressed demand of goods, farmers are not getting right price for
their produce. This again affects the repaying capacity of the farmer.
• Some other problems faced by the farmers are not getting adequate water supply,non
availability of fertilizer etc.
• Because of the problems faced by the farmers, banks are unable to collect the dues from the
farmers because their income leviate getting reduced.
15. How RRB develop rural areas?
If we develop the income level of the rural masses, it will lead to rural development. Therefore,
RRB should help the people to get incremental income, then the rural development will
automatically happen. Banks should help them to create some financial assets, which will lead to
the incremental income of the rural people.
16. Cropping seasons in India
In India cropping year is from July to June.
Cropping season are Kharif, Rabi and Zaid(Summer).
17. Why rural financing is important?
Most of the population of the country is dependent on Rural income. If we want to improve the GDP
of our country, we need to improve the income levels of the rural people. Therefore the rural
financing is important.
More consumption will lead to more production which will improve the GDP of the country.
18. Who appoints chairman of RRB?

By Sponsor Bank
19. What is Scale of Finance?
Scale of finance is the finance required for raising a crop per unit cultivated area, i.e. acre or
hectare.
20. Parties involved in Cheques?
Generally, there are two parties to a cheque. These include the drawer and the drawee. While the
drawer is the person who draws the cheque, the drawee is the banker on whom it is drawn. Apart
from these, there can also be a payee who is liable to pay the amount on the cheque.
21. Types of Cheques?
Bearer Cheque Open Cheque Crossed Cheque Stale Cheque Post Dated Cheque
Mutilated Cheque Order Cheque Anti Dated Cheque
22. PAN?
Permanent Account Number. It is a ten digit number issued by Income Tax department.
23. AADHAR?
Is a 12 digit number issued by UIDAI.
24. Functions of RBI?
• Issue of Bank Notes.
• Banker to the Government.
• Custodian of the Cash Reserves of Commercial Banks.
• Custodian of country’s forex reserves.
• Lender of last resort.
• Controller of credit.
25. Functions of NABARD?
• Providing by way of refinancing.
• Help in Building infrastructure in rural areas.
• Preparing credit plans annually at the district level.
• Guiding the banking sector in completing their credit targets.

• Regulates regional rural banks (RRBs) and cooperative banks.
26. Types of Account in Bank?
1)Current Account.
2) Savings Account.
3) Recurring Deposit Account.
4) Fixed Deposit Account
27. Types of Banking?
Branch Banking Retail Banking Wholesale Banking Mixed Banking Unit Banking
Relationship Banking Narrow Banking Para Banking Virtual Banking Chain Banking
Correspondent Banking Rural Banking Islamic Banking Social Banking
28. Can a farmer directly get loans from NABARD?
No, farmer cannot get loans directly from NABARD.NABARD will give loans to banks, farmers can
get loans from the bank.
29. PMFBY? Prathan Mantri Fasal Bima Yojana
PMFBY aims to provide a comprehensive insurance cover against failure of the crop thus helping in
stabilising the income of the farmers.
30. Revolution in Agriculture?
Yellow Revolution Oil seed Production
Black Revolution Petroleum products
Blue Revolution Fish Production
Golden Fiber Revolution. Jute Production
Brown Revolution Leather / Cocoa / Non-Conventional Products
Golden revolution Fruits / Honey Production / Horticulture Development
Pink Revolution Onion Production / Pharmaceuticals / Prawn Production.
Evergreen Revolution Overall Production of Agriculture.
Silver Revolution Egg Production / Poultry Production
Red Revolution Meat Production / Tomato Production
Round Revolution Potato.

Green Revolution Food Grains
White Revolution (or Operation Flood) Milk Production
31. Who regulates the insurance industry?
Insurance Regulatory and Development Authority of India (IRDAI), is a statutory body formed under
an Act of Parliament, i.e., Insurance Regulatory and Development Authority Act, 1999 (IRDAI Act
1999) for overall supervision and development of the Insurance sector in India.
32. Financial inclusion?
Financial inclusion is defined as the availability and equality of opportunities to access financial
services. It refers to a process by which individuals and businesses can access appropriate,
affordable, and timely financial products and services. These include banking, loan, equity, and
insurance products.
33. MSME?
MSME loans are a type of business loan through which individuals, MSME, SMEs, and Startups can
get credit. Various financial institutions offer these loans. Company owners and companies primarily
utilize MSME loan schemes to satisfy their working capital needs, manage or boost cash fl ow, and
expand their businesses, among other things. Most banks and non-bank financial institutions
(NBFCs) make SME and MSME loans without collateral or security from borrowers. Therefore,
MSME/SME loan is the best way to expand business.
34. Vermiculture?
Vermiculture is the process in which the composting of the garden is done by the usage of worms.
35. Difference between credit card and debit card?
Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit
cards allow you to borrow money from the card issuer up to a certain limit in order to purchase items
or withdraw cash.
36. KYC (KNOW YOUR CUSTOMER)?
KYC means Know Your Customer and sometimes Know Your Client. KYC or KYC check is the
mandatory process of identifying and verifying the client’s identity when opening an account and
periodically over time. In other words, banks must make sure that their clients are genuinely who
they claim to be.
37. PMJDY?
• One basic savings bank account is opened for unbanked person.
• There is no requirement to maintain any minimum balance in PMJDY accounts.
• Interest is earned on the deposit in PMJDY accounts.
• Rupay Debit card is provided to PMJDY account holder.
• Accident Insurance Cover of Rs.1 lakh (enhanced to Rs. 2 lakh to new PMJDY accounts
opened after 28.8.2018) is available with RuPay card issued to the PMJDY account holders.
• An overdraft (OD) facility up to Rs. 10,000 to eligible account holders is available.
• PMJDY accounts are eligible for Direct Benefit Transfer (DBT), Pradhan Mantri Jeevan Jyoti
Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY), Atal Pension Yojana
(APY), Micro Units Development & Refinance Agency Bank (MUDRA) scheme.
38. Banking ombudsman?
• The Banking Ombudsman Scheme is an expeditious and inexpensive forum for bank
customers for resolution of complaints relating to certain services rendered by banks. The Banking
Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI
with effect from 1995.
• Banking Ombudsman Scheme is a mechanism created by RBI to address the complaints
raised by bank customers.
• It is run by the RBI directly to ensure customer protection in the banking industry.
39. Nationalized bank?
Nationalisation of banks means to take the banks under government undertaking. Banks after
nationalisation comes directly under Banking regulation Act 1949. RBI (Reserve bank of India),
India’s Central bank become the first nationalised banks in India after the indian independence. RBI
later become the regulatory authority for banking in India. At that time most of the banks are private
control, but later it pulled few of the banks under its control to finance India’s growing fi nancial
needs.
40. Sericulture?
Sericulture, or silk farming, is the cultivation of silkworms to produce silk.
CENTRAL SILK BOARD is situated in Bangalore.
41. Difference between FERA and FEMA?
FERA was an act promulgated, to regulate payments and foreign exchange in India, on the contrary
FEMA is an act to promote orderly management of the foreign exchange in India.
42. Cash crops?
Cash crops are grown for direct sale in the market, rather than for family consumption or to feed
livestock. Coffee, cocoa, tea, sugarcane, cotton, and spices are some examples of cash crops.
43. What is commercial bank?
Commercial bank is owned by the group of individuals or by a member of Federal Reserve System.
The commercial bank offer services to individuals, they are primarily concerned w ith receiving
deposits and lending to business. Such bank earns money by imposing interest on the loan
borrowed by the borrower. The money that is deposited by the customer will be used by the bank to
give business loan, auto loan, mortgages and home repair loans.
44. Mudra loan?
Pradhan Mantri MUDRA Yojana (PMMY) is a scheme for providing loans up to 10 lakh to the non -
corporate, non-farm small/micro enterprises. These loans are classified as MUDRA loans under
PMMY. These loans are given by Commercial Banks, RRBs, Small Finance Banks, MFIs and
NBFCs.
Under the aegis of PMMY, MUDRA has created three products namely ‘Shishu’, ‘Kishore’ and
‘Tarun’ to signify the stage of growth / development and funding needs of the beneficiary micro unit /
entrepreneur and also provide a reference point for the next phase of graduation / growth.
Shishu : covering loans upto 50,000/-
Kishor : covering loans above 50,000/- and upto 5 lakh.
Tarun : covering loans above 5 lakh and upto 10 lakh.
45. Pledge?
Pledge means bailment of goods as security against the loan.

Movable (Gold, Jewellery, Stock, NSC)
Remains with lender.
Section 172 of the Indian Contract Act
46. Hypothecation?
Hypothecation is creation of charge on movable property without delivering them to the lender.
Movable (Vehicles, Stock and debtors.
Remains with Borrower.
Section 2 (n) of Securitization and Reconstruction of Financial Assets and Enforcement of Security
Interest (SARFESI) Act.
47. Mortgage?
It is transfer of an interest in specific immovable property as security against loan. (Example: house,
land, building or any property which is permanently fixed to the earth or attached to the land)
Remains with Borrower
Section 58 of the Transfer of Property Act 1882.
48. SIDBI?
SIDBI is the Primary Financial Institution for promoting, developing and financing MSME (Micro,
Small and Medium Enterprise) sector. The bank provides several schemes and also offers financial
services and products for meeting the individual’s requirement of various businesses.
49. SEBI?
SEBI is a statutory regulatory body established on the 12 th of April, 1992. It monitors and regulates
the Indian capital and securities market while ensuring to protect the interests of the investors,
formulating regulations and guidelines. The head office of SEBI is at Bandra Kurla Complex,
Mumbai.
50. NPA?
A non performing asset (NPA) is a loan or advance for which the principal or interest payment
remained overdue for a period of 90 days.
Banks are required to classify NPAs further into Substandard, Doubtful and Loss assets.
51. Self Help Groups?

SHGs are self help groups. They are formed in rural part of the country among poor people. This
policy is implemented to provide self help from others and help others too. People form groups,
especially women, and one person collects the whole wages from others and then give it to the
needy one.
52. Joint Liability Groups?
A Joint Liability Group (JLG) is an informal group comprising of 4-10 individuals coming together for
the purpose of availing bank loan on individual basis or through group mechanism against mutual
guarantee. The members would offer a joint undertaking to the bank to enable them to avail loans.
53. CIBIL Score?
CIBIL Score is a three-digit numeric summary of your credit history. The score is derived using the
credit history found in the CIBIL Report (also known as CIR i.e Credit Information Report). A CIR is
an individual’s credit payment history across loan types and credit institutions over a period of time.
54. Types of ATM?
• Onsite ATM: These ATMs are inside the bank compound and hence are known as Onsite
ATMs.
• Offsite ATM: These ATMs are located in various places except inside the bank premises and
thus named as Offsite ATMs.
• White Label ATM: These ATMs are set up & owned by Non-Banking Financial Companies and
offer all the services are known as White Label ATMs.
• Yellow Label ATM: These ATMs are mainly installed to provided for E-Commerce facility.
• Brown Label ATM: These ATMs are not owned by the bank instead they are taken on lease to
provide the service to the customer.
• Orange Label ATM: These ATMs are used in the share transaction.
• Pink Label ATM: These ATM are meant only for Women.
• Green Label ATM: These ATMs are installed for the transaction related to agriculture.
55. What is plastic money?
When we use any type of ATM card for the transaction at the place of hard cash, this card is known
as plastic money and the transaction resulting from it is called cashless payment. It can be done via
any ATM, Visa Card, or RuPay Card.
56. Difference between Rupay Card and Visa card?
1. RuPay Card is an Indian Domestic Debit Card.
2. Visa is an International System debit card.
The main difference between RuPay and Visa Debit Card is the operating costs. Since every
transaction through RuPay will take place within India, the banks will have to pay less service
charges to the payment gateway as compared to Visa.
3. Visa is an American company and when we use its card, then for data processing and
verification, the server goes to the company’s server, which reduces processing. Whereas RuPay
card is used for data processing and verification in India only so, its processing is fast.
Note: As mentioned above, a RuPay card has been created for domestic use, so it cannot be used
at international level transactions as Visa.
4. Banks are required to pay a quarterly fee for joining a foreign payment network such as Visa
Debit Card but do not have to do so in RuPay Card. Any bank can join the RuPay network at no
charge.
5. There are some limitations of using the RuPay card because it provides only debit card for
online transactions, whereas Visa provides both the debit and credit card.
6. As, compared to international card, RuPay cards are more secure because its operations are
limited within India only. Therefore, data is shared between national gateways only. But using Visa
Debit Card , the customer’s data are processed internationally and hence the risk of data theft is
high.
In case of international cards, banks have to pay entry fee to be a part of their network which is not
the case with RuPay card i.e. no joining fee for the banks.
56. Why RBI stopped Mastercard?
The Reserve Bank of India (RBI) has barred Mastercard from issuing new cards as the company
failed to comply with the central bank’s data localisation policy.
57. Direct Benefit Transfer (DBT)?
Direct Benefit Transfer or DBT is an attempt to change the mechanism of transferring subsidies
launched by Government of India. This program aims to transfer subsidies directly to the people
through their bank accounts.
58. Fund Transfer Methods?
The three different methods by which money can be transferred online are mentioned below:
• Immediate Payment Service (IMPS)
• National Electronic Funds Transfer (NEFT)
• Real-Time Gross Settlement (RTGS).
59. Benefits of Digital Banking?
• The convenience of banking from the comforts of home.
• 24*7 availability of access to banking functions.
• Paperless banking.
• Enables set up of automatic payments for regular utility bills.
• Facilitates online payments for online shopping etc.
• Extends banking services to remote areas.
60. Financial literacy?
Financial literacy is the ability to understand and effectively use various financial skills, including
personal financial management, budgeting, and investing. Financial literacy is the foundation of your
relationship with money.
61. How do bank make money?
The main source of income for banks is the difference between interest rate charged from
borrowers and what is paid to depositors. After keeping a portion of deposits as reserves banks lend
to people who demand money as loan and bank charges interest from them.
62. Balance sheet?
Balance Sheet is the financial statement of a company which includes assets, liabilities, equity
capital, total debt, etc. At a point in time. Balance sheet includes assets on one side, and liabilities
on the other.
63. What is the difference between bank guarantee and letter of credit?
There is not much difference between bank guarantee and letter of credit as they both take the
liability of payment. A bank guarantee contains more risk for a bank than a letter of credit as it is
protecting both parties the purchaser and seller.
64. HUF - Hindu Undivided Family
65. Assets and Liabilities?
Assets of the bank: Loans which they borrow to the people.
Liability of the bank: Current Account, Savings Account, RD, FD.
66. Bad Bank?
A bad bank is a special type of financial institution that buys bad debtors of a bank at a mutually
agreed value and attempts to recover the debts or associated securities by itself. The bad bank
takes over a portion of the debts that are recognised as non-performing assets (NPAs).
67. Role of lead bank:(Know the lead bank of your area /district)?
For coordinating the activities in the district, a particular bank is assigned ‘Lead Bank’ responsibility
of the district. The Lead Bank is expected to assume a leadership role for coordinating the efforts of
the credit institutions and the Government.
68. Currency Chest?
Currency chests are branches of selected banks authorised by the RBI to stock rupee notes and
coins. The responsibility for managing the currency in circulation is vested in the RBI. The central
bank advises the Centre on the number of notes to be printed, the currency denominations, security
features
69. Priority Sector Lending?
Priority Sector means those sectors which the Government of India and Reserve Bank of India
consider as important for the development of the basic needs of the country and are to be given
priority over other sectors. The banks are mandated to encourage the growth of such sectors with
adequate and timely credit.
Categories under PSL:

• Agriculture
• Micro, Small and Medium Enterprises
• Export Credit
• Education
• Housing
• Social Infrastructure
• Renewable Energy
• Others
70. Rural Infrastructure development fund?
The Government of India set up RIDF for financing ongoing rural infrastructure projects. The funds
released under RIDF are maintained by the National Bank for Agriculture and Rural Development
(NABARD). The main objective of the fund is to provide loans to State Governments and State-
owned corporations to enable them to complete ongoing rural infrastructure projects. These funds
are provided on a year-to-year basis by the Government of India.
KEY HIGHLIGHTS OF THE ECONOMIC SURVEY 2021-22
• 9.2 PERCENT GROWTH EXPECTED IN REAL TERMS IN 2021-22

• GDP PROJECTED TO GROW 8.0-8.5 PERCENT IN 2022-23
• PANDEMIC: GOVERNMENT’s SUPPLY SIDE REFORMS PREPARING
• ECONOMY FOR SUSTAINED LONGTERM EXPANSION
• CAPEX GROWS BY 13.5 PERCENT (YoY) DURING APRILNOVEMBER, 2021
• FOREIGN EXCHANGE RESERVES TOUCH US$ 633.6 BILLION ON 31stDECEMBER, 2021
• MACROECONOMIC STABILITY INDICATORS SUGGEST ECONOMY WELL PLACED TO
TAKE ON CHALLENGES OF 2022-23 MASSIVE GROWTH IN REVENUE RECEIPTS
• SOCIAL SECTOR: EXPENDITURE ON SOCIAL SERVICES AS PROPORTION OF GDP
INCREASES TO 8.6 PERCENT IN 2021-22 (BE) AS COMPARED TO 6.2 PERCENT IN 2014-
15
• WITH REVIVAL OF ECONOMY, EMPLOYMENT INDICATORS BOUNCED BACK TO PRE-
PANDEMIC LEVELS DURING LAST QUARTER OF 2020-21
• MERCHANDISE EXPORTS AND IMPORTS REBOUND STRONGLY AND
• SURPASS PRECOVID LEVELS
• BANK CREDIT ACCELERATES TO 9.2 PERCENT AS ON 31st DECEMBER,
2021
• Rs 89,066 CRORE RAISED VIA 75 IPOs; SIGNIFICANTLY HIGHER THAN IN
ANY YEAR IN LAST DECADE
• CPI-C INFLATION MODERATES TO 5.2 PERCENT IN 2021-22 (APRILDECEMBER)
• FOOD INFLATION AVERAGES AT A LOW OF 2.9 PERCENT IN 2021-22
(APRIL-DECEMBER)
• EFFECTIVE SUPPLY SIDE MANAGEMENT KEEPS PRICES OF MOST ESSENTIAL
COMMODITIES UNDER CONTROL
• AGRICULTURE: GVA REGISTERS BUOYANT GROWTH OF 3.9% IN 2021-22
• RAILWAYS: CAPITAL EXPENDITURE SEES SUBSTANTIAL INCREASE TO
Rs. 155,181 CRORE IN 2020-21; BUDGETED TO FURTHER INCREASE TO
Rs. 215,058 CRORE IN 2021-22, A FIVE TIMES INCREASE COMPARED TO
2014 LEVEL
• PER DAY ROAD CONSTRUCTION INCREASES TO 36.5 KMS IN 2020-21 – RISE OF 30.4
PERCENT COMPARED TO THE PREVIOUS YEAR
• SDGs: OVERALL SCRORE ON NITI AAYOG DASHBOARD IMPROVES TO 66 IN 2020-21
The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman presented the
Economic Survey 2021-22 in Parliament today. The highlights of the Economic Survey are as follows:
State of the Economy:

• Indian economy estimated to grow by 9.2 percent in real terms in 2021-22 (as per first
advanced estimates) subsequent to a contraction of 7.3 percent in 2020-21.
• GDP projected to grow by 8- 8.5 percent in real terms in 2022-23.
• The year ahead poised for a pickup in private sector investment with the financial system in
good position to provide support for economy’s revival.
• Projection comparable with World Bank and Asian Development Bank’s latest forecasts of real
GDP growth of 8.7 percent and 7.5 percent respectively for 2022-23.
• As per IMF’s latest World Economic Outlook projections, India’s real GDP projected to grow at
9 percent in 2021-22 and 2022-23 and at 7.1 percent in 2023-2024, which would make India
the fastest growing major economy in the world for all 3years.
• Agriculture and allied sectors expected to grow by 3.9 percent; industry by 11.8 percent and
services sector by 8.2 percent in 2021-22.
• On demand side, consumption estimated to grow by 7.0 percent, Gross Fixed Capital
Formation (GFCF) by 15 percent, exports by 16.5 percent and imports by 29.4 percent in
2021-22.
• Macroeconomic stability indicators suggest that the Indian Economy is well placed to take on
the
• challenges of 2022-23.
• Combination of high foreign exchange reserves, sustained foreign direct investment, and rising
export earnings will provide adequate buffer against possible global liquidity tapering in 2022-
23.
• Economic impact of “second wave” was much smaller than that during the full lockdown phase
in 2020- 21, though health impact was more severe.
• Government of India’s unique response comprised of safety-nets to cushion the impact on
vulnerable sections of society and the business sector, significant increase in capital
expenditure to spur growth and supply side reforms for a sustained long-term expansion.
• Government’s flexible and multi-layered response is partly based on an “Agile” framework that
uses feedback-loops, and the use of eighty High Frequency Indicators (HFIs) in an
environment of extreme uncertainty.
Fiscal Developments:
• The revenue receipts from the Central Government (April to November, 2021) have gone up
by 67.2 percent (YoY) as against an expected growth of 9.6 percent in the 2021-22 Budget
Estimates (over 2020- 21 Provisional Actuals).
• Gross Tax Revenue registers a growth of over 50 percent during April to November, 2021 in
YoY terms.
• This performance is strong compared to pre-pandemic levels of 2019-2020 also.
• During April-November 2021, Capex has grown by 13.5 percent (YoY) with focus on
infrastructure intensive sectors.
• Sustained revenue collection and a targeted expenditure policy has contained the fiscal deficit
for April to November, 2021 at 46.2 percent of BE.
• With the enhanced borrowings on account of COVID-19, the Central Government debt has
gone up from 49.1 percent of GDP in 2019-20 to 59.3 percent of GDP in 2020-21, but is
expected to follow a declining trajectory with the recovery of the economy.
External Sectors:
• India’s merchandise exports and imports rebounded strongly and surpassed pre-COVID levels
during the current financial year.
• There was significant pickup in net services with both receipts and payments crossing the pre-
pandemic levels, despite weak tourism revenues.
• Net capital flows were higher at US$ 65.6 billion in the first half of 2021-22, on account of
continued inflow of foreign investment, revival in net external commercial borrowings, higher
banking capital and additional special drawing rights (SDR) allocation.
• India’s external debt rose to US $ 593.1 billion at end-September 2021, from US $ 556.8 billion
a year earlier, reflecting additional SDR allocation by IMF, coupled with higher commercial
borrowings.
• Foreign Exchange Reserves crossed US$ 600 billion in the first half of 2021-22 and touched
US $ 633.6 billion as of December 31, 2021.
• As of end-November 2021, India was the fourth largest forex reserves holder in the world after
China, Japan and Switzerland.
Monetary Management and Financial Intermediation:
• The liquidity in the system remained in surplus.
• Repo rate was maintained at 4 per cent in 2021-22.
• RBI undertook various measures such as G-Sec Acquisition Programme and Special Long-
Term Repo Operations to provide further liquidity.
• The economic shock of the pandemic has been weathered well by the commercial banking
system:
• YoY Bank credit growth accelerated gradually in 2021-22 from 5.3 per cent in April 2021 to 9.2
per cent as on 31 December 2021.
• The Gross Non-Performing Advances ratio of Scheduled Commercial Banks (SCBs) declined
from 11.2 per cent at the end of 2017-18 to 6.9 per cent at the end of September, 2021.
• Net Non-Performing Advances ratio declined from 6 percent to 2.2 per cent during the same
period.
• Capital to risk-weighted asset ratio of SCBs continued to increase from 13 per cent in 2013-14
to 16.54 per cent at the end of September 2021.
• The Return on Assets and Return on Equity for Public Sector Banks continued to be positive
for the period ending September 2021.
• Exceptional year for the capital markets:
• Rs. 89,066 crore was raised via 75 Initial Public Offering (IPO) issues in April-November 2021,
which is much higher than in any year in the last decade.
• Sensex and Nifty scaled up to touch peak at 61,766 and 18,477 on October 18, 2021.
• Among major emerging market economies, Indian markets outperformed peers in April-
December 2021.
Prices and Inflation:

• The average headline CPI-Combined inflation moderated to 5.2 per cent in 2021-22 (April-
December) from 6.6 per cent in the corresponding period of 2020-21.
• The decline in retail inflation was led by easing of food inflation.
• Food inflation averaged at a low of 2.9 per cent in 2021-22 (April to December) as against 9.1
per cent in the corresponding period last year.
• Effective supply-side management kept prices of most essential commodities under control
during the year.
• Proactive measures were taken to contain the price rise in pulses and edible oils.
• Reduction in central excise and subsequent cuts in Value Added Tax by most States helped
ease petrol and diesel prices.
• Wholesale inflation based on Wholesale Price Index (WPI) rose to 12.5 per cent during 2021-
22 (April to December).
• This has been attributed to:
• Low base in the previous year,
• Pick-up in economic activity,
• Sharp increase in international prices of crude oil and other imported inputs, and
• High freight costs.
• Divergence between CPI-C and WPI Inflation:
• The divergence peaked to 9.6 percentage points in May 2020.
• However, this year there was a reversal in divergence with retail inflation falling below
wholesale inflation by 8.0 percentage points in December 2021.
• This divergence can be explained by factors such as:
• Variations due to base effect,
• Difference in scope and coverage of the two indices,
• Price collections,
• Items covered,
• Difference in commodity weights, and
• WPI being more sensitive to cost-push inflation led by imported inputs.
• With the gradual waning of base effect in WPI, the divergence in CPI-C and WPI is also
expected to narrow down
Sustainable Development and Climate Change:

• India’s overall score on the NITI Aayog SDG India Index and Dashboard improved to 66 in
2020-21 from 60 in 2019-20 and 57 in 2018-19.
• Number of Front Runners (scoring 65-99) increased to 22 States and UTs in 2020-21 from 10
in 2019-20.
• In North East India, 64 districts were Front Runners and 39 districts were Performers in the
NITI Aayog North- Eastern Region District SDG Index 2021-22.
• India has the tenth largest forest area in the world.
• In 2020, India ranked third globally in increasing its forest area during 2010 to 2020.
• In 2020, the forests covered 24% of India’s total geographical, accounting for 2% of the world’s
total forest area.
• In August 2021, the Plastic Waste Management Amendment Rules, 2021, was notified which
is aimed at phasing out single use plastic by 2022.
• Draft regulation on Extended Producer Responsibility for plastic packaging was notified.
• The Compliance status of Grossly Polluting Industries (GPIs) located in the Ganga main stem
and its tributaries improved from 39% in 2017 to 81% in 2020.
• The consequent reduction in effluent discharge has been from 349.13 millions of litres per day
(MLD) in 2017 to 280.20 MLD in 2020.
• The Prime Minister, as a part of the national statement delivered at the 26 Conference of
Parties (COP 26) in Glasgow in November 2021, announced ambitious targets to be achieved
by 2030 to enable further reduction in emissions.
• The need to start the one-word movement ‘LIFE’ (Lifestyle for Environment) urging mindful
and deliberate utilization instead of mindless and destructive consumption w as underlined.
Agriculture and Food Management:
• The Agriculture sector experienced buoyant growth in past two years, accounting for a
sizeable 18.8% (2021-22) in Gross Value Added (GVA) of the country registering a growth of
3.6% in 2020-21 and 3.9% in 2021-22.
• Minimum Support Price (MSP) policy is being used to promote crop diversification.
• Net receipts from crop production have increased by 22.6% in the latest Situation Assessment
Survey (SAS) compared to SAS Report of 2014.
• Allied sectors including animal husbandry, dairying and fisheries are steadily emerging to be
high growth sectors and major drivers of overall growth in agriculture sector.
• The Livestock sector has grown at a CAGR of 8.15% over the last five years ending 2019-20.
It has been a stable source of income across groups of agricultural households accounting for
about 15% of their average monthly income.
• Government facilitates food processing through various measures of infrastructure
development, subsidized transportation and support for formalization of micro food
enterprises.
• India runs one of the largest food management programmes in the world.
• Government has further extended the coverage of food security network through schemes like
PM Gareeb Kalyan Yojana (PMGKY).
Industry and Infrastructure:
• Index of Industrial Production (IIP) grew at 17.4 percent (YoY) during April-November 2021 as
• compared to (-)15.3 percent in April-November 2020.
• Capital expenditure for the Indian railways has increased to Rs. 155,181 crores in 2020-21
from an average annual of Rs. 45,980 crores during 2009-14 and it has been budgeted to
further increase to Rs. 215,058 crores in 2021-22 – a five times increase in comparison to the
2014 level.
• Extent of road construction per day increased substantially in 2020-21 to 36.5 Kms per day
from 28 Kms per day in 2019-20 – a rise of 30.4 percent.
• Net profit to sales ratio of large corporates reached an all-time high of 10.6 percent in in July-
September quarter of 2021-22 despite the pandemic (RBI Study).
• Introduction of Production Linked Incentive (PLI) scheme, major boost provided to
infrastructure-both physical as well as digital, along with measures to reduce transaction costs
and improve ease of doing business, would support the pace of recovery.
Services:
• GVA of services crossed pre-pandemic level in July-September quarter of 2021-22; however,
GVA of contact intensive sectors like trade, transport, etc. still remain below pre-pandemic
level.
• Overall service Sector GVA is expected to grow by 8.2 percent in 2021-22.
• During April-December 2021, rail freight crossed its pre-pandemic level while air freight and
port traffic almost reached their pre-pandemic levels, domestic air and rail passenger traffic
are increasing gradually – shows impact of second wave was much more muted as compared
to during first wave.
• During the first half of 2021-22, service sector received over US$ 16.7 billion FDI – accounting
for almost 54 percent of total FDI inflows into India.
• IT-BPM services revenue reached US$ 194 billion in 2020-21, adding 1.38 lakh employees
during the same period.
• Major government reforms include, removing telecom regulations in IT-BPO sector and
opening up of space sector to private players.
• Services exports surpassed pre-pandemic level in January-March quarter of 2020-21 and
grew by 21.6 percent in the first half of 2021-22 - strengthened by global demand for software
and IT services exports.
• India has become 3 largest start-up ecosystem in the world after US and China. Number of
new recognized start-ups increased to over 14000 in 2021-22 from 733 in 2016-17.
• 44 Indian start-ups have achieved unicorn status in 2021 taking overall tally of unicorns to 83,
most of which are in services sector.
Social Infrastructure and Employment:
• 157.94 crore doses of COVID-19 vaccines administered as on 16 January 2022; 91.39 crore
first dose and 66.05 crore second dose.
• With revival of economy, employment indicators bounced back to pre-pandemic levels during
last quarter of 2020-21.
• As per the quarterly Periodic Labour Force Survey (PFLS) data up to March 2021,
employment in urban sector affected by pandemic has recovered almost to the pre-pandemic
level.
• According to Employees Provident Fund Organisation (EPFO) data, formalization of jobs
continued during second COVID wave; adverse impact of COVID on formalization of jobs
much lower than during the first COVID wave.
• Expenditure on social services (health, education and others) by Centre and States as a
proportion of GDP increased from 6.2 % in 2014-15 to 8.6% in 2021-22 (BE)
• As per the National Family Health Survey-5:
• Total Fertility Rate (TFR) came down to 2 in 2019-21 from 2.2 in 2015-16
• Infant Mortality Rate (IMR), under-five mortality rate and institutional births have improved in
2019-21 over year 2015-16
• Under Jal Jeevan Mission (JJM), 83 districts have become ‘Har Ghar Jal’ districts.
• Increased allotment of funds to Mahatma Gandhi National Rural Employment Guarantee
Scheme (MNREGS) to provide buffer for unorganized labour in rural areas during the
pandemic.
Interview tips
• One has to be meticulous when preparing for an interview. Because every tiny detail matters! The
thing of utmost importance is, RESEARCH.
1. Know the Bank Better- Before appearing for an interview, you should make sure that
you have a good knowledge of the bank, of their work culture and recent news related
to that bank (if any).
2. Know YOURSELF better- What we mean to say is that you should know what your
strengths and weaknesses are. You should be able to come up with real life stories that
are indicative of those strengths. You should know why you made certain career
decisions. Hence, an introspection is a must!
• How to answer the questions you don’t know answer to:
▪Calm Down: Do not panic! Our first response is to fall into mental despair about
not knowing the answer. Sometimes we might just blank out, despite knowing the
topic somewhere at the back of our mind. In such cases, the silence that follows
the question becomes excruciating for the candidates and they start to panic.
This further triggers a reaction that makes them say the first thing that comes to
their mind, just to kill the silence even though it makes no sense. This should be
avoided at all costs. Calm down and take a deep breath. A stress response won’t
make the situation any better. Understand that if the interviewer has asked you
such a question, he probably knows the effect it might have on you and just wants
to see how you react under stress. Don’t simply blurt out “I don’t know.”
▪Acknowledge The Question: Now, you obviously cannot be silent, so the question
arises, what do I say when I don’t have an answer. Start with acknowledging the
question. Something as simple as, “That’s a good question.”, would do the trick. This not
only kills that silence, but it also buys you time to think. Or if you don’t understand the
question or a part of the question, ask the interviewer to clarify. tips
▪Thinking Out Loud (Approach 1): This is by far the most effective way of tackling such
a situation. And most of the time, your prospective employer will ask you such a
question only to understand your way of thinking. So after you’ve taken a few minutes
to gather your thoughts on the question, state them out loud in a logical manner. Explain
what you think, how you think and why you think so.
▪Redirect (Approach 2): No matter how hard you try to attempt such a question; it may
seem that you’re only beating around the bush. Here, one should try to bring in similar
topics you’re thorough with. Try to tell them what you do know but at the same ti mebring up other
topics that you are more familiar with. For instance, you are asked a
question about ‘Net Neutrality in India’ and you just know the very basic answer, that
internet access (for all sites) won’t be free. Now, both you and the interviewer know that
this is not enough. So, what you can do is say what you know and then start talking about
how it will impact the economy’s growth especially when India is a developing country
and how access to the Internet is crucial for the same. This way, you have redirected the
question to a topic you know a good deal about without really giving away that you
didn’t know the answer to the question asked in the first place. Remember that you have
the power to steer an interview in the direction you want based on what you say.
▪ Know the right time to be upfront and admit not knowing the answer: Though, in the
first point we warned you against blurting out an outright, “I don’t know.”, there is an
exception to this. If the answer is such that you’ll know only through memorization and
there’s no way you can deduce it then you should go ahead and admit the same. This can
be a formula, some English phrase or a GK question. You are clear that you have not
read up on this, you can inform them the same. At times, the interviewer might offer you
an alternative question. Even if they don’t, they will certainly appreciate your honesty.
Note: Above all, learn from each one of your interview experiences. And remember
that regardless of what question you get, understand what the hiring manager is.
THESE ARE SOME OF THE FREQUENTLY ASKED QUESTIONS. OTHERS QUESTIONS WILL
BE FROM CANDIDATE FAMILY BACKGROUND, EDUCATIONAL BACKGROUND AND SELF
RELATED QUESTIONS FROM THEIR GRADUATION DETAILS.

IBPS RRB PO 2022 INTERVIEW TIPS

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IBPS RRB PO 2022 INTERVIEW PREPARATION TIPS

RRB PO 2022 INTERVIEW PREPARATION TIPS

prelims and mains examination.

b) Date of Birth Certificate or Xth Board certificate

card with you as well.

digital marksheet- self attested)

else there is no need.

h) Disability Proof if any

j) Passport size photographs

k) Any extra qualification or extra-curricular activities certificate if mentioned in application

l) Character certificate - 2 (For SBI)

different. So, it is of utmost importance.

n) Identity Certificate (For SBI)

educational qualification, about your native place etc.

2. Go through the current affairs of the past one month.

4. Make sure that have taken all the certificates.

On the day of interview:

time, we have to be more confident and stay cool and calm.

Greeting and Entry inside the Room

unless they ask you to do so.

a smile on your face.

particular topic. I will surely update knowledge regarding this topic.

9. Try to maintain eye contact with all the panel members.

out. This shows confidence

DRESS CODE FOR INTERVIEW

• Dark Trousers (Black, Navy Blue, Brown)

• Well-polished shoes (black or brown)

should be closed and should not be left loose)

• Trouser/Leggings (black or grey preferable)

• Salwar Kameez (if not wearing Kurta Trouser)

• Saree (if you are able to handle it properly)

• Shoes (Belly/ Sandals – prefer flat ones over inches ones)

bangles can be worn)

wearing dark colour lipstick or nail colours.

DOs AND DON’Ts OF INTERVIEW

• Be punctual and make sure that you are 10 minutes early.

avoided. Look neat and clean.

room or at their shoes).

and express yourself and your views clearly.

• Show enthusiasm for the company and the position.

by giving some hints. Try to make answers from their hints.

detailed examples of your accomplishments.

unique. Wear strictly formal clothes

What all is being assessed?

Q1. Tell me something about yourself?

name is Shreya Sharma”.

unnecessarily exaggerating the things.

elder brother runs a garment shop.

high possibility of cross questioning.

pursue your career in that field only, why switch to banking.]

far.” Have a smile on your face when you say it.]

Q2. What is the meaning of your n ame?

to National educational policy], sex ratio etc.

which provides electricity connection to Kolkata and other sub-urbs.

all those years?

become a burden to my family.

Remember an honest answer goes a long way

Q5.How can you be a value addition to our bank?

add value in the bank.

Use the points given below to frame your answers:

person to survive in a Metro city.

Answers provided are for various streams