Interview Cracker  (English, Paperback, Kumar Rakesh)

Before & During Interview

• Why Interview?
• Preparing for Interview
• During Interview

Behavioral Questions

• Tell me something about yourself?
• Tell us little about your past experiences/work?
• What are your strengths?
• Explain difference between smart worker and hard worker?
• Tell me on the basis on which strength should we select you?
• What are your weaknesses?
• Based on which weakness, we should not select you?
• Can you work under pressure?
• What is your short term Goals?
• What is your long term Goals?
• Where do you see yourself five years down the line?
• Why should we employ/hire you?
• What kind of salary are you expecting? 
• Why do you want to join banking sector?
• Have you applied to any other sector apart from banking?
• Tell me about an experience in which you had to use tact?
• Who are our major competitors and what differences  do you notice in our products?
• What significant trends do you see in the future for
• our industry (related to banking sector)?
• Why do you want to leave your current job?
• Do you prefer to work in a team or as an individual?
• Why did you choose your major?
• Why didn’t you pursue a career in your major?
• Why do you want to work with us?
• Are you willing to relocate or travel?
• Are you willing to take risk?
• What do you know about this company?
• Why you want to join bank? Why not teaching job?
• What do you expect from this job?
• How do you evaluate success?
• Is anything else that we should know about you that  would impact our decision?
• What will you do if you are asked to give a bribe?
• If your boss is taking all the credits for your work, what will you do?
• How do you think you conducted or performed during this interview?
• If after sometime you start disliking the job? What would you do?
• What Salary Are You Expecting?
• How much do you expect?
• How much do you think you are worth?
• What kind of a culture are you comfortable with?
• Which is more important to your salary, perks or growth  opportunities?

Banking Related Questions

• What is Bank? Explain type of banks and banking in India?
• Difference between Banking and Finance?
• Describe role of Banking?
• Explain briefly the financial instruments- cheque, Banker’s  cheque, Demand draft, Travellers cheque, Money order, Postal order?
• What are Assets and Liabilities of bank?
• Explain Money Market and Capital Market?
• List down and explain the instruments of Money market and Capital Market?
• What is negotiable instrument?
• What is Sub-prime loan?
• What is ROC?
• What is difference between forward and reverse mortgages?
• Explain RTGS and NEFT?
• What is MBB (Multi-Branch Banking)?
• What is Tatkal Draft facility?
• Explain SLR and CRR?
• How is SLR determined?
• What is the Need of SLR?
• What is the main use of SLR?
• What is CRR Rate in India?
• What is a Repo?
• Explain Repo rate and Reverse Repo rate?
• What is a Bank rate
• What is the difference between Bank Rate and Repo Rate?
• Explain Demand liabilities and Time liabilities?
• Difference between bank account balance & credit card balance?
• Explain Capital Adequacy Ratio (CAR)?
• Explain Basel I and Basel II norms?
• Explain Balance of trade and Balance of payments?
• What is a favorable balance of trade?
• What is Balance of payments adjustment mechanism?
• Difference between Banks and moneylenders?
• What is the difference between a Customer ID Number and a  Personal Identification Number (PIN)?
• What is IVR?
• What is automated clearing house (ACH) facility & how does it work?
• What is Gold Standard?
• What is the role of the Reserve Bank of India in currency management?
• What are Bonds and types of Bonds?
• What is ‘Mortgage and types of mortgages?
• What does Credit Rating mean? List down the Credit rating agencies in India?
• Explain Money supply and types of money?

Economy Related Questions

• What are GDR, GDP and CPI?
• Explain ‘Recession’ and ‘Depression’?
• What is “Economic Crisis”?
• Explain FDI and FII?
• What are Fiscal deficit and its components?
• What is inflation - define causes and role of inflation in an economy?
• Explain “Cost-Push Inflation” and “Demand-Pull Inflation”? What’s the Difference between the two?
• What is relation between Inflation and Bank interest Rate?
• What is Deflation?
• What is Deflationary Spiral?
• What is a Barter economy?
• What is a fiscal deficit?
• What is Balance on capital account?
• What is Balance on current account?
• What is a balanced budget?
• What is balanced growth of an Economy?
• What are Middle Income Countries?
• What is MFN?

Stock Market Related Questions

• What is Equity/Shares?
• What is a blue chip company? Why ‘Blue’ word is used for such companies?
• What are G-Sacs (Government Securities)?
• Account Related Questions -
• Explain Golden rule of accounting?

What is accounting?

• What is difference between Bookkeeper and Accountant?
• Explain debit and credit with an example?
• Explain Assets, Liabilities, Equity, Income and Expenses?
• Explain Balance sheet, Ledger, Journal?
• Explain Cash basis and Accrual basis accounting?

Tax Related Questions

• What is a direct Tax?
• What is an Indirect Tax?
• What is Black Money?
• What is a Black Market?

Miscellaneous Questions

• What is a Beggar thy neighbor policy?
• What is a Bill of Lading?
• What is the use of color boxes in WTO category of subsidies?
• What is Policy of Laissez Faire?
• What is the difference between Monopoly and Monopsony?
• What is Monopolistic Competition?
• What is PERT and CPM?
• Explain Planning commission and functions of Planning Commission?
• Explain Finance commission and functions 

Punch Lines and Significance of Logos of Nationalized Banks
Overview of the Nationalized Banks
Important Government Schemes
Banking Terminology
Economy Terminology
Stock Market Terminology
Abbreviations