IBPS PO IV interview prep

Bank PO IBPS PO 2018
621

Daily Current Affairs - 20 January 2015 - Tuesday

1. Pahlaj Nihalani chosen as a New Chairman of CBFC

i. Filmmaker and Prdoucer Pahlaj Nihalani appointed as the new Chairman of Central Board of Film Certification (CBFC).

ii. He replaced Leela Samson who resigned last week from her post citing corrupting in Information and Broadcasting ministry.

iii. Pahlaj Nihalani produced some hit movies in 1990s such as Shola Aur Shabnam and Aankehn.

iv. He also created the video for BJP party "Har ghar Modi" nine months ago.

v. Nine others members were also appointed as nine other members of CBFC had resigned from their posts alleging interference from the government.

vi. The other newly-appointed Censor Board members are Mihir Bhuta, Syed Abdul Bari, Ramesh Patange, George Baker, Chandra Prakashh Diwedi, Jeevitha, Vani Tripathi Tikoo, SV Shekhar and Ashok Pandit.

2. Bhutan PM Lyonchhen Tshering Tobgay visited India

i. Prime Minister of Bhutan visited India with his spouse Aum Tashi Douma.

ii. He met Prime Minister Narendra Modi and had discussion on bilateral relations as well as on regional and international issues of mutual interest and concern.

3. India set to surpass China next year: IMF

i. International Monetary Fund (IMF) projected that India will grow 6.5 per cent in 2016 and will surpass China in its latest World Economic Outlook report.

ii. IMF also forecast India growth rate for 2015 at 6.3% which will up from 5.8% in 2014. China's 2014 growth rate was 7.4 per cent.

iii. IMF projected global growth will boss as oil prices are coming down. IMF lower global growth forecast for 2015 to 3.5% and for 2016 at 3.7%.

4. Former PM Manmohan Singh Adopted Pachin Bekeli Gaon

i. Under Sansad Adarsh Gram Yoajana scheme former Prime Minister of India has adopted Pachim Bekeli Gaon Panchyat which is located in kamrpur district in Assam.

ii. Manmohan Singh is the Rajya Sabha member of Parliament from Assam.

About Sansad Adarsh Gram Yojana -

i. Prime Minister Narendra Modi on 15 August 2014 announced Sansad Asarsh Gram Yojana.

ii. It aims to cover 2500 villages by 2019. Under the project, each Member of Parliament (MP) will take up the responsibility of providing infrastructure and developing three villages by 2019.

iii. The objective of the project is to create a holistic development of all adopted villages by the MPs in all aspects -human, personal, social, economic and environmental development, including provision of basic amenities, services, security and good governance.

5. England beat India by 9 wickets

i. England defeated India by 9 wickets in Tri - nation ODI series match at Brisbane

ii. India won the toss and decided to bat and set target for England of 153 runs in 39.3 overs

iii. England pacer Steven Finn bagged 5 wickets for England. Binny was the highest scorer from Indian side he score 44 runs.

iv. England achieved the target and defeated India by 9 wickets.

v. This is was the India second defeat in Tri - nation ODI series, they lost their first match against Australia by 4 wickets.

622


1. Pahlaj Nihalani chosen as a New Chairman of CBFC

i. Filmmaker and Prdoucer Pahlaj Nihalani appointed as the new Chairman of Central Board of Film Certification (CBFC).

ii. He replaced Leela Samson who resigned last week from her post citing corrupting in Information and Broadcasting ministry.

iii. Pahlaj Nihalani produced some hit movies in 1990s such as Shola Aur Shabnam and Aankehn.

iv. He also created the video for BJP party "Har ghar Modi" nine months ago.

v. Nine others members were also appointed as nine other members of CBFC had resigned from their posts alleging interference from the government.

vi. The other newly-appointed Censor Board members are Mihir Bhuta, Syed Abdul Bari, Ramesh Patange, George Baker, Chandra Prakashh Diwedi, Jeevitha, Vani Tripathi Tikoo, SV Shekhar and Ashok Pandit.

2. Bhutan PM Lyonchhen Tshering Tobgay visited India

i. Prime Minister of Bhutan visited India with his spouse Aum Tashi Douma.

ii. He met Prime Minister Narendra Modi and had discussion on bilateral relations as well as on regional and international issues of mutual interest and concern.

3. India set to surpass China next year: IMF

i. International Monetary Fund (IMF) projected that India will grow 6.5 per cent in 2016 and will surpass China in its latest World Economic Outlook report.

ii. IMF also forecast India growth rate for 2015 at 6.3% which will up from 5.8% in 2014. China's 2014 growth rate was 7.4 per cent.

iii. IMF projected global growth will boss as oil prices are coming down. IMF lower global growth forecast for 2015 to 3.5% and for 2016 at 3.7%.

4. Former PM Manmohan Singh Adopted Pachin Bekeli Gaon

i. Under Sansad Adarsh Gram Yoajana scheme former Prime Minister of India has adopted Pachim Bekeli Gaon Panchyat which is located in Kamrup district in Assam.

ii. Manmohan Singh is the Rajya Sabha member of Parliament from Assam.

About Sansad Adarsh Gram Yojana -

i. Prime Minister Narendra Modi on 15 August 2014 announced Sansad Asarsh Gram Yojana.

ii. It aims to cover 2500 villages by 2019. Under the project, each Member of Parliament (MP) will take up the responsibility of providing infrastructure and developing three villages by 2019.

iii. The objective of the project is to create a holistic development of all adopted villages by the MPs in all aspects -human, personal, social, economic and environmental development, including provision of basic amenities, services, security and good governance.

5. England beat India by 9 wickets

i. England defeated India by 9 wickets in Tri - nation ODI series match at Brisbane

ii. India won the toss and decided to bat and set target for England of 153 runs in 39.3 overs

iii. England pacer Steven Finn bagged 5 wickets for England. Binny was the highest scorer from Indian side he score 44 runs.

iv. England achieved the target and defeated India by 9 wickets.

v. This is was the India second defeat in Tri - nation ODI series, they lost their first match against Australia by 4 wickets.

623

My interview experience

My interview venue  is TPS,Shastri nagar,jaipur January 20 , 2015

Panel 3

Time -1.00pm

I am reached there 12.15pm

My document verification started  around 12.30 .and it is completed with in 5 minute .they are just verify photocopies  with  original documents . don't worry about percentage and passing date if you entered wrong in application form .

My number is 5th in list

my interview turn came at 4pm.

I entered in  room there are five members 4 men and 1 lady

First i say Good after noon  mam then good after noon to all of you sir's

They are asked me following  question ?

1. First question about my collage ?

2. Then what are you  doing after graduation ?

I said I am just prepare for competition exams

3. They asked me which exams

I said BANKS and SSC

4. Are you doing job anywhere ?

I said no sir

5. You studied Geography as your optional subject in Graduation then tell us the name of Geographical regional which is disputed between Indian and china ?

I Answered aksai  chin in J&k and some dispute in arunachal pradesh

6. Recently The RBI released guidelines for Issuing licence  for  two types of new banks

       I answered -sir these are "Small and Payment Banks"

7.  Then they Asked me What is the functions of small and payment banks?

Ansered

8. What is NEFT?

Answered

9. What is Bank Rate ?

Answered

10. What is Base rate?

Answered

11. What is CTS ?

Answered

10.what is Inflation?

Answered

11.suddenly lady member  asked me "what is mean by "Gagar me sagar bharna " ?

Itne simple muhavre ka matlab us time mujhe yaad nahi aaya so mene turant kh diya sorry mam is ka matlab mujhe yaad nahi aa pa raha hai

12.Then another member  asked me "You studied political science as your optional subject so can you tell me name of state's which have upper house(Vidhan Parishad )?

Answered

13 Then last they asked me about my family background ?

Then they said Thank you abhishek .then I wished them and came out from room

My interview duration is just 7-8 minute .I answered all question but they didn't ask me any Cross question .  

624

i knw my interview dint go wel but i m sharing my xprnc

me:may i come in
m1 yes
m1:so what is your name 
me:rahul singh
m2:introduce yourself
maine btaya
kehta k tum placed ho toh kyu aare ho
i said k nhi join kia cz jana ni tha it mein,language ni aati.
m1:tum kaise usefull ho bank k lie
maine bola aaj kl technology aari hai neft rtgs imps etc aage b aaengi toh inko main smjh skta hu aur dusro ko smjha skta hu 
m1:but ye sb toh thk hai tum kaam kya aaoge hmare
maine kaha sir i will be po cum engineer to bank(he smiled)
main hr kam kr skta hu jo po krega plus technical knowledge will help the bank.
female lady it shows k tum risk lene wale aadmi o aisa risk kaun leta hai
i said risk lena chaie life mein aage bdne k lie
she said tell me what is financial year and assement year is aid dun knw
then m3: it officer ka form bhre ho
i said no sir nhi bhra as language nhi aati
m2:but beta tumhe pta hai k rural postin b ho skti h tumhari kaise rhoge
i said mera gaon rural area mein main wahan jata rehta hu i knw hoe to adust in rural area
then m3..where is ur village
i said kullu
he said tell me number of district in hp
i said i dun knw as i born in mohali and live hee onli
he siad tell me number of district in india
i said 656 or 76 he said wrong it is 500+ but u r wrong
then madam asked me tell me whta are risk of banks 
btaya npa and cheque bouncing but she said tell something else i said sorry
then ek m1:tell me inflation kya hota hai
btaya k mehngai hoti
kehta aur btao
i said inflation is smthng which effects our economy
kehta aur
uss tym main m3:ko dekh kr ans krne lga toh m1 bola mere aur dekho
maine btaya cost pull and push demand..pta ni tha mujhe but bopl dia
and explqin kr dia he said okie enough
madam said see i told you guys(4 ki aur dekhte hue)
then they said go ty

625

Hi 

My interview experience

New Delhi

5 male members and 1 female

Last person to be interviewed by my panel

Questions asked

My hometown

Foreign Banks

Why do you want to leave your private job?

Why banking?

After convincing then why public sector not private sector?

Balance sheet of any bank and its elements

Contigency liability?

Who controls our market?

Chariman of SEBI?

WHAT IS FINANCIAL LITERACY?

your opinion on it?

Did you take coaching?

No, then why not and how you prepared?

RTGS/NEFT/SWIFT and what does all indicate?

Ready for going to rural sectors?

Remarks: answered all questions and got a chocolate and positive comments from all the panelists 😃

626

Please post bond amount & bond duration for po in different participating psb's in IBPS. Thanx.

627


From

My interview experience from Odisha

As I entered the interview room, I saw five persons including a lady sitting in a row. While I was supposed to greet the lady panelist first, I could not do so as she was at the extreme end (5th panelist from my side).

Me: May I come in.

All: Please, come in. Simultaneously, the chief panelist uttered my name in a loud voice.

I said: Yes sir. In the meantime, I greeted them: Good morning sirs, Good morning maam.

Chief panelist: Be seated.

Me: Thank you sir!

Chief panelist: Tell me something about yourself.

Me: Sir, as you said I am xxx. I come from xxx district.

He interrupted: Tell in detail about your nativity.

I continued: The name of my village is xxx (I should have furnished some more detail like the block name etc, but I don't know why I stopped there)

The chief panelist looked bit dissatisfied and I became nervous 😞

I further continued: I passed from xxx college in xxx year with Economics Honours. So after my graduation, I started working as a journalist and then went on to pursue my higher studies in journalism. I returned to my job after studies. A few months back, I resigned from my assignment to prepare for bank jobs.

Chief panelist: Why did you wish to join banking sector?

Me: Sir, like any other profession, Journalism has its advantages and disadvantages. But, unfortunately, in my case things did not work my way. As my family conditions became tough, I decided to go for a secure and better-paid job.

As I was about to tell why I chose banking, the Chief panelist interrupted: You are a journalist. How can you fit in banks?

Me: Sir, being a graduate in Economics, I studied banking among other subjects that helped me understand the basics of the banking sector. Apart from that, during my stint as a journalist, banking had been one of my prime areas of work. I worked as a business correspondent for xxx newspaper.

Panelist 2: But how these things are going to help in bank? Ok, tell me, what all you did as a journalist?

Me: Sir, for instance, I was in regular touch with SLBC which is situated in this building only. I used to file reports based on the data released by SLBC. I interviewed RBI Deputy Governor Mr. H R Khan a couple of times...and...

Chief panelist interrupted: That is fine! You did these things as you were supposed to do as a journalist.

Lady panelist (while smiling): what is the good! You were interviewing, now you are being interviewed. (It was bit embarrassing I guess 😁 )

Me (politely): Actually, I don't think that way. For me, it is not about what I do, it is about how I do. (Told a few other things, but it could have been better)

Chief Panelist: What is law of equi-marginal utility?

Me: Sorry sir.

Chief panelist: But, you must know. You are an Economics graduate.

Me: Yes sir, I should know. But I know about law of diminishing marginal utility, Sir! (I was like 😁 😁 😁 )

Chief Panelist (smilingly): No, I wanted to know about equi-marginal utility.

Panelist 2: You are a graduate in Economics. Tell how you will use Economics in Banking?

Me: As a banker, I would be accepting deposits, giving loans. As a student of Economics, I have studied the fundamentals of these concepts. I have studied different banking related things like repo rate, reverse repo rate...blah blah..

Panelist 2: What is inflation?

Me: Told

Panelist 2: What is done to decrease inflation?

Me: Sir, the Central Bank of India, that is RBI, takes several measures to rein in inflation.

Panelist 2: What are they?

Me: For instance, the RBI DECREASES repo rate to control inflation.

Chief panelist: what is the logic behind it?

Me: Sir, repo rate is the rate (Interrupted by chief panelist)

Chief panelist: Ok, I got it. Then?

Me: When RBI decreases repo rate, banks also tend to decrease their interest rates.

Chief panelist: Then?

Me: (I was like ohh..shit man!) Sorry sir, it is the opposite. RBI INCREASES repo rate to rein in inflation.

Chief panelist: Yes! (During the whole interaction on repo rate, he was very cooperative. He probably realized I knew it correctly, but told the opposite out of nervousness)

Then starts interview for admission into schools!

Panelist 3: What is the capital of Arunachal Pradesh?

Me: Itanagar.

Panelist 3: What is the capital of Bhutan?

Me: Thimpu.

Now, the school-level interview turns out to be a nightmare!

Lady panelist: who is the vice-president of India?

I was clueless! (kuch paal ka sannata chhagaya 😃 )

Then, I said: Sorry, maam. I went blank.

She started laughing as Chief Panelist said: try..try (He is such a generous man 😃 )

Me: Mr. Hamid Ansari is the vice-president of India. (I could recollect the name thanks to his encouragement)

Chief panelist: Yes! (And it was probably the signature word of my whole interview 😁 )

Chief panelist: Thank you. You may go.

He extended his hand for a hand-shake and I obliged.

While I thanked them all before leaving the room, could not make eye contact with two panelists in my left hand side during that time.

Negatives:

1. I never feel nervous, but initially felt nervous during this interview.

2. Question on 'Journalism-banking connection' and 'why banking' could have been better answered.

3. Could have been better had I made eye contact with all while saying final thank you.

Positives:

1. Stayed true to myself, did not bluff.

2. Probably succeeded in conveying the interviews that I am genuine

3. I remained submissive and polite

My observation: Either I will score very good marks or the opposite!


Thanks!

628

For people working in private company , what all we need to carry with us? Offer Letter, Salary slip? Anything else?

629

Reason for rate cut?

630

Now this is bit serious... I don't have my main degree certificate.. Prov is there n scan copy of main degree is there.. What to do? True copy

631

Yr maine application form me father k name chaudhary ki ye spelling likhi thi..bt in my odr documnts its choudhary..luk at d spelling diffrnce..so wud it be a prblm..plz rply soon as my intrvw z tmrw only..

632

what is a limited company? Plz answer in simple words 

633

hi guys i m working as clerk in bank of baroda but i haven't got noc from bank and my interview is on 24th .will there be any problem?

634

Daily Current Affairs - 21st January 2015 - Wednesday 

1. Jan Dhan Yojna - enters into Guiness World Records

i. Financial inclusion initiative Pradhan Mantri Jan Dhan Yojna has entered into the Guinness Book of World Records, with the opening of nearly 11.50 crore bank accounts in the shortest period of time.

ii.  The Guinness Book of World Records has also recognised the achievements made under PMJDY and has given a certificate stating that the most bank accounts opened in one week as part of the financial inclusion campaign is 1.8 crore.

iii. Finance Minister Arun Jaitely said " Now most of India is included in the banking system".

iv. Prime Minister Narendra Modi congratulate all the state governments, banks & the finance ministry for the great success of the Jan Dhan Yojana.

2. World Economic Forum - Annual Meeting begins today

i. The World Economic Forum's five-day annual Summit began today in Davos, Switzerland.

ii. The Annual Meeting of WEF is being attended by 40 heads of states or governments, including German Chancellor Angel Merkel, France's President Francois Hollande, China's Prime Minister Li Keqiang, Pakistan Prime Minister Muhammad Nawaz Sharif and Swiss President Simonetta Sommaruga.

iii. Heads of different nations gathers to discuss rise and fall in global economy and a time of renewed terror threats after recent strikes in France and other parts of globe.

3. Uttarakhand becomes No. 2 in tiger population

i. Uttarakhand has ranked second among Indian states in terms of tiger population after Karnataka in India.

ii. Uttrakhand has registered 340 tigers rise of 113 tigers since the last census (227) becoming the second state in the country.

iii. Karnataka with 406 tigers became the first state with highest number of tigers in the country.

iv. There was a time when Madhya Pradesh had the highest tiger population in the country.

4. Bibek Debroy appointed as a member of NITI Aayog

i. Bibek Debroy professor of Centre for Policy Research in New Delhi has been appointed as a member of Niti Aayog.

ii. He has previously worked as Director of the Rajiv Gandhi Institute for Contemporary Studies and as a Consultant in Finance Ministry in various capacities.

Note: National Institution for Transforming India (Niti) Aayog has replaced Planning Commission recently.

II. Prime Minister Narendra Modi is the Chairman of Niti Aayog.

5. Netherland & Thailand to help Sikkim in development of floriculture

i. Sikkim has signed an Memorandum of Understanding with Netherlands and Thailand for development of floriculture in the state.

ii. Both countries will provide expertise and technology in the development of Cymbidium and others floriculture.

635



Daily

1. Jan Dhan Yojna - enters into Guinness World Records

i. Financial inclusion initiative Pradhan Mantri Jan Dhan Yojna has entered into the Guinness Book of World Records, with the opening of nearly 11.50 crore bank accounts in the shortest period of time.

ii.  The Guinness Book of World Records has also recognised the achievements made under PMJDY and has given a certificate stating that the most bank accounts opened in one week as part of the financial inclusion campaign is 1.8 crore.

iii. Finance Minister Arun Jaitely said " Now most of India is included in the banking system".

iv. Prime Minister Narendra Modi congratulate all the state governments, banks & the finance ministry for the great success of the Jan Dhan Yojana.

2. World Economic Forum - Annual Meeting begins today

i. The World Economic Forum's five-day annual Summit began today in Davos, Switzerland.

ii. The Annual Meeting of WEF is being attended by 40 heads of states or governments, including German Chancellor Angel Merkel, France's President Francois Hollande, China's Prime Minister Li Keqiang, Pakistan Prime Minister Muhammad Nawaz Sharif and Swiss President Simonetta Sommaruga.

iii. Heads of different nations gathers to discuss rise and fall in global economy and a time of renewed terror threats after recent strikes in France and other parts of globe.

3. Uttarakhand becomes No. 2 in tiger population

i. Uttarakhand has ranked second among Indian states in terms of tiger population after Karnataka in India.

ii. Uttrakhand has registered 340 tigers rise of 113 tigers since the last census (227) becoming the second state in the country.

iii. Karnataka with 406 tigers became the first state with highest number of tigers in the country.

iv. There was a time when Madhya Pradesh had the highest tiger population in the country.

4. Bibek Debroy appointed as a member of NITI Aayog

i. Bibek Debroy professor of Centre for Policy Research in New Delhi has been appointed as a member of Niti Aayog.

ii. He has previously worked as Director of the Rajiv Gandhi Institute for Contemporary Studies and as a Consultant in Finance Ministry in various capacities.

Note: National Institution for Transforming India (Niti) Aayog has replaced Planning Commission recently.

II. Prime Minister Narendra Modi is the Chairman of Niti Aayog.

5. Netherland & Thailand to help Sikkim in development of floriculture

i. Sikkim has signed an Memorandum of Understanding with Netherlands and Thailand for development of floriculture in the state.

ii. Both countries will provide expertise and technology in the development of Cymbidium and others floriculture.

636

Can any individual irrespective of their salary open account under pmjdy?

637

Is it possible to get loan of 100 rupees in normal saving account?

638

what will you do when a drunk customer comes in your branch asks to withdraw all his money?

639

Can you mention some facts about Bank of India (especially the ones that distinguish it from other banks) ?

I have filled it up as my first preference.

640

What is mutual fund? 

(pls explain in hindi or easy english.... in detail)