SBI PO Interview Questions
Aspirants who are looking for SBI PO Interview Questions and their tricky answers, they may check it out through this page. It is compulsory for the candidates to clear the interview phase for the final selection. So go through the Mostly Asked Questions in SBI PO Interview round from here.
SBI PO Interview Questions 2019
The most difficult phase of recruitment process is Interview as random questions generally confuse intelligent people. Some of the candidates also get confused with simple questions which lead to their failure in the Interview.
One needs to be very careful while answering in front of the interviewers. Our banking experts have come up with some most common questions one should prepare for the interview round.
SBI PO Interview Mostly Asked Questions With their Answers:
Question1: Introduce / Describe yourself?
Answer: Your answer should include the following details: Personal Information, Education, Work Experience, Additional qualification or achievements, your hobby.
Question2: Why do you want to Join Banking Sector?
Answer: In our country Banking is considered as one of the fastest growing sectors. It can offer several career opportunities.
Question3: What are your career goals? Where do you see yourself five years from now? Ten years?
Answer: I plan things methodically. I don’t know that in which bank I will get placed, so at present, it’s tough to tell you the meticulous description. But after 10 years, whatever position I will be having, you can see me learning something new.
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Question4: How do you Handle Pressure?
Answer: Show your level of handling pressure with an example you have faced in the past. Make sure you would be able to make a good impact on the interviewer.
Question5: How you manage your work? Explain your management style?
Answer: I keep information regarding the prestige of work done by me and my subordinates on systematic basis. I finish the assigned work within the allotted deadline.
Question6: Why should we hire you?
Answer: If you hire me, I will be able to present my skills in front of you. I guarantee you that whatsoever goals our association will set, I will complete them within the itemized time.
Question7: What do you mean by FDI?
Answer: Foreign direct investment (FDI) is an investment in a business by an investor from another country for which the foreign investor has control over the company purchased.
Must Read: How to Prepare For an Interview
Question8: What is a Demand Draft?
Answer: Demand Draft is a negotiable instrument that is used for effecting transfer of money. Since it’s a banker’s check, it can’t be dishonored.
Question9: What do you know about RBI?
Answer: The Reserve Bank of India is the central bank of India. On the recommendation of Young Hilton Committee, it was established on 1st April,1935 in accordance with Reserve Bank of India Act, 1934.
Question10: What is Indian Constitution?
Answer: Indian Constitution is the highest law of India that lays down the context defining essential political principles, establishes the structure, procedures, powers, and duties of government institutions, directive principles and the duties of citizens.
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Question11: Do you know about Accounts?
Answer: Accounts can be understood as a record or statement of financial spending and revenues relating to a specific period or purpose.
Question12: Do you know about E-payment?
Answer: E-payment or Electronic Payment is a monetary exchange that takes place online between buyers and sellers.
Question13: What is Bank Rate?
Answer: Bank rate a.k.a discount rate, is the interest rate at which the central bank (RBI) charges loans and advances to commercial banks and other financial intermediaries. Bank rate is yet another tool at the disposal of the central bank (RBI) to effectively control the money supply.
Question14: What is PLR?
Answer: The Prime Interest Rate is the interest rate that a bank charges to it’s most financially sound (or high credit worthy) customers. This rate remains basically the same for most banks.
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Question15: What does BREXIT mean?
Answer: It is a word that that has been used as a shorthand way of saying the UK leaving the EU – merging the words Britain and exit to get Brexit.
Question16: Tell us about Fintech companies!
Answer: Fintech companies are those companies that use new expertise and modernization to influence available resources in order to compete in the marketplace of traditional financial institutions and intermediaries in the delivery of financial services.
Question17: What is Deposit Rate?
Answer: Interest Rates paid by banks or other financial institutions on the cash deposited with them by the customer.
Question18: What are Basis Points?
Answer: BPS is an acronym for basic points and is used to indicate changes in rate of interest and other financial instruments.
Question19: What is SLR Rate?
Answer: SLR (Statutory Liquidity Ratio) is the percentage of it’s NDTL (Net Demand and Time Liabilities), a commercial bank has to maintain as liquid assets such as cash, gold or govt. approved securities before lending to its customers.
Question20: What is LAF?
Answer: Liquidity adjustment facility (LAF) is a financial policy tool which allows banks to borrow money, and adjust their daily liquidity mismatches, through repurchase agreements.
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SBI PO Interview Round:
Candidates after qualifying SBI Prelims and SBI PO Mains now will have to appear for SBI PO Interview. So before appearing for Interview Round, candidate must check Mostly Asked Questions in Interview and Their Tricky Answers on this page.
SBI is one of the most demanded banking organizations among the today’s youth as it provides good opportunities and waivers to its employees. Candidates must be wondering about the type of the questions that can be asked by the interview panel.
So to solve your queries, the team of recruitmentresult.com is hereby providing you Mostly Asked SBI PO Interview Questions and the ways to answer such questions. So have a look on above segment of this page…
SBI PO Interview Questions provided on this page might be helpful to you to crack interview. If you have any queries regarding interview questions in SBI PO, then you can type your comment in below provided Comment box. Our experts will soon solve your queries.
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