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Bank PO Commonly Asked Questions And Answers – Best Tips & Strategies

Bank PO Commonly Asked Questions and Answers

Dear Visitors, if you are preparing for a PO exam of bank and want to clear it in first attempt then you are at right place. We are providing you some Bank PO Commonly Asked Questions and Answers which you should go through properly during your preparation. Furthermore, you are recommended to put in action some Best Tips & Strategies for PO Preparation which are mentioned in the below segment to clear the PO exam with a good score in your first attempt only.

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This Page Includes-

  • Bank PO Questions and Answers
  • Best Tips & Strategies

Before giving the relevant information related your curious topic you must have known about Bank PO. A Bank Probationary Officer (PO) is the very first level stage to be an officer in the bank.  The work of a Bank PO is generally based on operations in banking, administration and other important work given by the bank.

Career in Banking Sector

Bank PO plays a vital role in the growth of the bank business in all aspects. He/ She have to take care of loan department and all input and output finance of the bank. Another responsibility of Bank PO is to settle down the complaints and any issue related to accounts of its customers as early as possible.

When PO joins the bank he/she has to complete two years probation period to confirm for his/her job without any leave.Salary of a Bank (PO) lies between Rs. 10000-18240 which increases after successful completion of probation.

Bank PO Questions and Answers

1. Who was the first Governor of RBI?

(a) Hilton Young

(b) Paul Samuelson

(c) C. D. Deskmukh

(d) O.A Smith

Ans. (d) O.A Smith

 2. Who was the Governor of RBI at the time of nationalization?

(a) O.A Smith

(b) J.B Taylor

(c) C.D. Deshmukh

(d) K. C. Neogy

Ans. (c) C.D. Deshmukh

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 3. In which year the RBI was nationalized?

(a) 1949

(b) 1956

(c) 1959

(d) 1947

Ans. (a) 1949

4. The general superintendence and director of the bank is charged to central board of directors of:

(a) 10 members

(b) 20 members

(c) 25 members

(d) 30 members

Ans. (b) 20 members

5. Under which act the paper currencies of our country are issued by RBI?

(a) Section 22 of the RBI act 1934

(b) Section 24 of the RBI act 1934

(c) Section 28 of the RBI act 1934

(d) None of these

Ans. (a) Section 22 of the RBI act 1934

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 6. Whose signature bears one rupee currency notes?

(a) PM

(b) President of India

(c) Governor of RBI

(d) Finance Secretary of India

Ans. (d) Finance Secretary of India

 7. Whose signature bears ten rupees notes?

(a) President

(b) Finance Minister

(c) Secretary of Ministry of finance

(d) Governor of RBI

Ans. (d) Governor of RBI

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8. Which of the following is the banker of the banks?

(a) IDBI

(b) SBI

(c) RBI

(d) UTI

Ans. (c) RBI

 9. In which of the following banks one can’t open a personal account?

(a) Co-Operative Banks

(b) Commercial banks

(c) Regional Rural Banks

(d) RBI

Ans. (d) RBI

 10. Which bank is the banker to the government?

(a) SBI

(b) SEBI

(c) RBI

(d) IRDA

Ans. (c) RBI

Best Preparation Tips & Strategies for Bank PO:

Get Exam Pattern and Syllabus:

First of all, you need to get the pattern and syllabus of the PO exam prior to preparation. The exam is online based that consists of objective type questions. These objective type questions are asked from the 4 sections namely English, Quantitative Aptitude, Reasoning and General Awareness.

How to Prepare for Written Examination

Plan and Prepare:

You need just a proper planning before you start your preparation. Firstly, cover those topics that you find easy to prepare. Give regular time to Maths and Reasoning sections because they require a regular practice and effort . The sections like English and General Awareness can be prepared with one day gap.

Proper Concentration:

Your most eminent effort lies in the fact that how much attention you have given on each subject. Studying 3 hours a day with proper concentration will give better results than studying for the whole day without any focus and attention on the topic.

Practice Solved Sample Papers:

Start Practicing Solved Sample papers besides your preparation to enhance your performance during the Exam. This will assist you to increase your speed, efficiency and confidence while attempting the exam. Most of the questions asked in an Exam are from solved sample papers.

Written Exam Techniques

Revise well:

Proper Revision is essential to make you give your best during an Exam. Make a quick review of all the prepared topics in relevant sections two to three days before the exam since the complete syllabus can’t be revised in one day.

All the above tips and strategies should be strictly followed to get the best results. Hard work is the key to success. Work hard, prepare well and give your best. We wish you good luck for your exam.

Something That You Should Put An Eye On

Eligibility for Bank JobsBank Salary
Bank Preparation MaterialBank Online Test
Bank PO Commonly Asked QuestionsBank PO Exam Preparation Tips
Bank Interview Que & AnsBank Clerk Study Material
Bank Exam PatternBank Placement Papers
Bank Coaching InstitutesBank Syllabus

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