My interview is at 1pm. What time it's expected to get over?? Including document verification etc.
Boys n Girls those who have attended Carrier Power Interviews classes plz plz want ur suggestions n help..Is these classes r worth 4 money as fees r Rs3000 in Mumbai. Sessions were valuable enough n also especially Mock interviews...waiting 4 ur valuable reply guys..Thanks in Advance.
Kiska kiska ibps po interview lucknow main hai.. date n venue...
Yr...3 panel tha...mera panel 1 tha...dey just asked about me,my family..2 Qs on state,2 on banking ,den hobbies & dats all..( it hardly went for 5 mins..at d same tym panel 2 were taking intrvw for 20 mins & asking very deeply.& my 2-3 frnds hoping 125+ gave interview to panel 2..I am xpctn very low in written. It seems like dey categorized...
Anyone having interview at Jaipur.?
Is there anyone who is from Biotech field... what type of questions we can expect in interview ...??
Basics for IBPS PO Interview Preparation, Part 1.
IBPS calls candidates in a ratio of 3:1 for each post for IBPS PO, which means that there will be three candidates interviewed for each vacant post. So, in-order to crack the IBPS PO exam, you need to score very well in your interview. Here is what you need to know in-order to plan and implement your strategy to crack the IBPS PO interview 2016
Panel of Interviewers:
- Your interview will be conducted by a panel comprising 5-6 IBPS officials.
- The panel will consist of a main interviewer, who will ask questions based on your personality and aspirations. She/he will be the judge of your personality.
- One of the panel members with technical expertise will ask questions about banking and your decision to pursue a career in this field.
- Another member will analyse your profile/CV and ask questions based on facts mentioned in the same.
The questions asked in the interview can be grouped into some of the following major categories:
Personal Questions
- Questions based on your hobbies, interests & activities.
- Family background
- Strengths & weaknesses
- Profile-based Questions
- Questions based on your academic background and qualifications, job role and work experience
- Basic definitions & concepts related to your field of education
- Recent developments related to your field of your education/job
- Personality Test & Decision-making Questions
- Questions to check your EQ & IQ
- Situation & behavior-based questions to assess your managerial skills and decision-making ability.
- Questions based on Banking Awareness, Current Affairs and Computer Awareness.
- Questions like “Why do you want to join the Banking Sector?” or “Why do you want a government job?” may also be asked.
IBPS PO Interview Preparation:
- Firstly, list out all the possible questions that can be asked based on the major categories we have enumerated above.
- Prepare standard and comprehensive answers to each of the questions.
- Then, critically analyse these answers and note down questions that may arise from the answers. Prepare answers for these questions also. You can take help from your friends, parents or seniors for this exercise.
- Also, try to modify your original answers to eliminate inaccuracies.
- Make a flow chart of all the questions & sub-questions in-order to clearly understand the direction of the interview. A flow chart will also help to cover all the areas that you may have missed.
- Before appearing for the real interview, practice by giving mock interviews to your friends or parents. It will help you analyse your performance and boost your confidence.
https://www.pagalguy.com/news/crack-the-ibps-po-interview-what-questions-to-expect-and-how-to-answer-them-6682750511742976Will publish an article with question and answers for IBPS PO interview.
How to ANSWER DEBATABLE (OPINIATED) Questions. Watch a mock interview of a banking aspirant for IBPS PO, along with expert comments.
Hello Puys, here are the most expected questions and their answers for IBPS PO Interview https://www.pagalguy.com/news/ibps-po-interview-2017-most-expected-questions-and-their-answers-6357801876062208
Expected Economic and Banking related questions with answers for IBPS PO Interview https://www.pagalguy.com/news/questions-asked-in-ibps-po-interview-2017-4645576924725248
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Must know Questions and Answers for IBPS PO Interview 2017
Hello Puys,
Here is a list of the most expected questions from Economics and Banking Awareness section with their answers to help you clear the IBPS PO interviews 2017.
What is monetary policy? Who controls India’s monetary policy?
- The RBI determines India’s monetary policy. It is a method by which the central bank maintains sufficient money supply in the economy by controlling interest rates and other instruments in order to ensure price stability and high economic growth.
- What are Open Market Operations? Open Market Operations refer to the purchase or sale of government securities in the open market by the RBI.
When the RBI sells securities in the market, money gets transferred from commercial banks to the RBI. This decreases money supply in the system. Shortage of money in the economy helps to control spending by individuals/corporates and keep inflation in check. When the RBI purchases securities from the market, money gets transferred from RBI to the commercial banks, thereby increasing the money supply. This is done if economic growth is sluggish.
- What is Repo rate? Repo rate is the rate at which the RBI lends money to commercial banks in case of any shortage of funds.
It is the rate of interest charged on short-term (3-90 days) loans. It is used by monetary authorities to control inflation.
- What happens when the RBI increases or reduces the Repo rate? When the repo rate increases, borrowing from the RBI becomes more expensive. In other words, the RBI would charge a higher rate of interest for money provided to various commercial banks. The banks would thus be forced to charge their customers a higher rate of interest on home and auto loans in order to balance the impact of the rate hike. Thus, while on the one hand, inflation is under control as there is less money to spend, growth suffers as companies avoid taking loans at high rates. This leads to a drop in production and expansion. When the repo rate is reduced banks get money from the RBI at a cheaper rate of interest. Banks thus charge their customers a low rate of interest on home, auto and other types of loans.
- What is Bank rate? It is the rate of interest implemented by the RBI when it lends money to a public sector bank on a long-term basis, i.e. from a period ranging from 90 days to 1 year. By this definition, bank rate and repo rate seem to be similar terms as both are interest rates at which RBI lends money to banks.
- What is Marginal Standing Facility (MSF)? It is the rate at which banks borrow funds overnight from the RBI against approved government securities. MSF was implemented in May 2011. Under MSF, banks can avail funds from the RBI on overnight basis against their excess statutory liquidity ratio (SLR) holdings.
- What is Cash Reserve Ratio (CRR)? It is the reserve of funds that banks have to mandatorily keep with the RBI, and is a percentage of the deposits held by the bank. The RBI uses CRR to remove excessive money from the system. If the central bank decides to increase the CRR, the amount available with the banks reduces. Example: If a bank account holder deposits Rs. 1,000 in his account, the bank can use it to lend money to others, but has to deposit a percentage of that amount with the RBI. If the CRR is 4%, the bank will deposit Rs.40 with RBI and will have Rs.960 left at its disposal.
- What is Statutory Liquidity Ratio (SLR)? It is the amount a commercial bank needs to maintain in the form of cash, gold, or government-approved securities (bonds) before lending credit to its customers. SLR is determined by the RBI in order to control the expansion of bank credit.
- How is SLR determined? SLR is calculated as the percentage of total demand and time liabilities, which a commercial bank is liable to pay to customers on their demand.
- Why is SLR needed? With SLR, the RBI can ensure solvency (creditworthiness) of a commercial bank. It also helps to control expansion of bank credits. By altering SLR rates, the RBI can increase or decrease bank credit expansion.
- What is liquidity adjustment facility (LAF)? LAF is a monetary policy tool which allows banks to borrow money through repurchase agreements. LAF aids banks to address liquidity pressures i.e. cash shortages and is used by the government to ensure stability in financial markets. LAF comprises repo and reverse repo transactions.
Himachal m bhi hai kisi ka PO ka interview center??? Actually I am from HP but my interview center is in Punchkula hariyana ??
Hyderabad, 4th Feb, 1pm Andhra bank saidabad ..... Anyone??
Rrb officer scale 1 .. 19.01.17.kolkata. 8:30 .. Document verification went smooth.. my turn came at no 6.. 4 male and one female. Me: gm mam ..gm sirs P1: please sit Me : thnk u sir. P1 : so mr subhajit chakraborty .. u r a brahmin. Me : yes sir. P1 : tell me about urself. Me : told name.. place.. btech in ee p1 interrupted P1: where is ur clg ? Why is this place famous ? Me: told P2: what are u doing now ? Me : sir i m 2016 passout and currently preparing for banking exams P2 : oo good... what is banking ? Me : told P2: do u know vijay mallya ? Why is he famous ? And where is he now ? Me: told P3 : what is npa ? How can it affect the bank and how it can be recovered ? Me : told P4 : what is cibil and crisil ? Me : told P5 : what is cts ? Advantages ? Me : told P5 : thnk u subhajit. Me: thank u sir thnk u mam. It lasted for 15 mins.. i answered all the questn ..there were lots of cross questions.. so have an overall knowledge .. they were smiling all the time and it was very comfortable for me.. i maintained the smiling face and a positive attitude..
Dear IBPS PO Aspirants,
A lot of Banking aspirants who have recently gone through interviews were asked questions about Non-Performing Assests.Hence, we are providing you this article on Non-Performing Assets, which can be helpful in your interview preparation.If the status of NPAs in banks is not controlled, banks can go bankrupt. The entire credit distribution structure of the economy can be destructed and the country could be in a major financial turmoil.
About NPA - An asset (loan), including a leased asset, becomes non performing when it stops generating income for the bank.
Note: Once the borrower has failed to make interest or principle payments for 90 days the loan is considered to be a non-performing asset. It had been decided to adopt the '90 days' overdue' norm for identification of NPA, from the year ending March 31, 2004.
NPAs can be classified in three categories:
Sub_standard Assets: With effect from March 31, 2005, a substandard asset would be one, which has remained NPA for a period less than or equal to 12 months.
Doubtful Assets: With effect from March 31, 2005, an asset would be classified as doubtful if it has remained in the sub_standard category for a period of 12 months.
Loss Assets - A loss asset is one where loss has been identified by the bank or internal or external auditors or the RBI inspection but the amount has not been written off wholly. In other words, such an asset is considered uncollectible and of such little value that its continuance as a bankable asset is not warranted although there may be some rescue or recovery value.
Reasons for Occurrence of NPAsNPAs can be termed as "Bad Loans" or defaults. It is the failure to meet financial obligations, non-payment of a loan installment. These loans can occur due to the following reasons:
(i) Normal banking operations
(ii) Bad lending practices(iii) Incremental component (due to internal bank management, like credit policy, terms of credit, etc...)(iv) Competition banks are enormously selling unsecured loansThe Problems caused by NPAs: NPAs do not just reflect badly in a bank's account books, they adversely impact the national economy.
Following are some of the impacts of NPAs:1. Depositors do not get rightful returns and many times may lose uninsured deposits. Banks may begin charging higher interest rates on some products to compensate Non-performing loan losses
2. Bank shareholders are adversely affected
3. Bad loans imply redirecting of funds from good projects to bad ones. Hence, the economy suffers due to loss of good projects and failure of bad investments
4. When bank do not get loan repayment or interest payments, liquidity problems may ensue.
Result of NPAs on an organization
1. Decrease profitability.
2. Reduce capital assets and lending limits.
3. Increase loan loss reserves.
How to reduce NPA? - Non Performing Assets can be reduced by taking some major steps by the banks. Some steps are as follows by which bank can reduce NPA -
1. SARFAESI ACT 2002The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) empowers Banks / Financial Institutions to recover their non-performing assets without the intervention of the Court.The Act provides three alternative methods for recovery of non-performing assets, namely:
i. Securitisation
ii. Asset Reconstruction
iii. Enforcement of Security without the intervention of the Court.The provisions of this Act are applicable only for NPA loans with outstanding above Rs. 1.00 lac. NPA loan accounts where the amount is less than 20% of the principal and interest are not eligible to be dealt with under this Act.Non-performing assets should be backed by securities charged to the Bank by way of hypothecation or mortgage or assignment. Security Interest by way of Lien, pledge, hire purchase and lease not liable for attachment under sec.60 of CPC, are not covered under this Act
The Act empowers the Bank:(i) To issue demand notice to the defaulting borrower and guarantor, calling upon them to discharge their dues in full within 60 days from the date of the notice.
(ii) To give notice to any person who has acquired any of the secured assets from the borrower to surrender the same to the Bank.
(iii) To ask any debtor of the borrower to pay any sum due or becoming due to the borrower.
(iv) Any Security Interest created over Agricultural Land cannot be proceeded with.If on receipt of demand notice, the borrower makes any representation or raises any objection, authorised officer shall consider such representation or objection carefully and if he comes to the conclusion that such representation or objection is not acceptable or tenable, he shall communicate the reasons for non acceptance WITHIN ONE WEEK of receipt of such representation or objection.A borrower / guarantor aggrieved by the action of the Bank can file an appeal with DRT and then with DRAT, but not with any civil court. The borrower /guarantor has to deposit 50% of the dues before an appeal with DRAT.
If the borrower fails to comply with the notice, the Bank may take recourse to one or more of the following measures:
(i) Take possession of the security
(ii) Sale or lease or assign the right over the security
(iii) Manage the same or appoint any person to manage the same
2. Lok Adalats: Lok Adalat is for the recovery of small loans. According to RBI guidelines issued in 2001, they cover NPA up to Rs. 5 lakhs, both suit filed and non-suit filed are covered.
3. Compromise Settlement: It is a scheme which provides a simple mechanism for recovery of NPA. It is applied to advances below Rs. 10 Crores.
4. Credit Information Bureau: A Credit Information Bureau help banks by maintaining a data of an individual defaulter and provides this information to all banks so that they may avoid lending to him/her.
5. DEBT RECOVERY TRIBUNALS: The debt recovery tribunal act was passed by Indian Parliament in 1993 with the objective of facilitating the banks and financial institutions for speedy recovery of dues in cases where the loan amount is Rs. 10 lakhs and above.
If you feel that any other topic should be covered in-depth which will help you in IBPS PO Interview, then do comment below.
All the Best !!!!
***COPIED*** मैं ही वो हूँ जो रिजल्ट के इन्तजार के बावजूद फिर से उसी काम में जुट जाता हूँ , न प्री देखता हूँ ,न मेंस । मैं जो अपने घर के मोड़ तक नहीं जाता ,उसे हड़प्पा से लेकर नील नदी की घाटी घुमाते हो । मुझे आलू टमाटर छांटने की तमीज़ नहीं ,और इनमे कौन सी बिमारी लगती है ,ये याद करवाते हो । जिसने पुलिस को देखकर रास्ता बदल लिया हो ,उसको राष्ट्रपति के निर्वाचन से लेकर मूल अधिकार रटवाते हो । जी हाँ पहचाना मुझे ,मैं हूँ एक स्टुपिड प्रजाति जो अक्सर छोटे शहरों जैसे इलाहाबाद , इन्दौरआदि में अक्सर परजीवी के रूप में पाया जाता है । अनेक अनेकार्थी शब्दों को जानने के बावजूद इसके लिए कोई एक कॉमन नाम नहीं । हाँ पर्यायवाची बहुत हो सकते हैं -अभ्यर्थी,प्रतियोगी ,aspirant, छात्र ,परीक्षार्थी ,कैंडिडेट वगैरह वगैरह कहीं कहीं तो लोकल नाम भी प्रचलित है। मैं कैसे भी सो सकता हूँ जैसे चलती ट्रेन में ,बस में ,किसी भी सेंटर में कैसी भी सड़ी जगह हो वहां मैं सोने का ठिकाना ढूंढ ही लेता हूँ । मुझ पर किसी भी मौसम का कोई प्रभाव नहीं पड़ता ,क्योंकि मैं इतना बड़ा underdog (नीचकुत्ता मेरे द्वारा अनुवादित है ) हूँ कि कहीं भी कुछ भी खा सकता हूँ । झाँसी हो ,इन्दौर हो ,या गोरखपुर , रोड किनारे हो या नाले के किनारे मैं अपना मजमा जमा ही लेता हूँ । ये मत समझना कि मैं इतवारों में सिनेमा देखता हूँ ,या महिला मित्रों के साथ पिकनिक मनाता हूँ ,ये सब तुम्हारे चोंचले हैं । हमें तो सातो दिन एक समान । ये मत समझना हम तारीखों में कच्चे हैं । हमें याद रहते हैं -नोटिफिकेशन की डेट ,फॉर्म भरने की लास्ट डेट ,प्री की ,मेंस की ,इंटरव्यू की ,u.p.,m.p.,राजस्थान ,उत्तराखंड ,,,,आदि आदि । और सबसे बड़ी बात हम क्या खोते हैं ,या खोने की कगार पर रहते हैं ,,, आत्मविश्वास ,हंसी ,खुलकर बोल सकना । हमारे दोस्त धीरे धीरे छूटते जाते हैं । या तो हम उनसे मिलना नहीं चाहते या वे हमे किनारे लगा देते हैं । हम जलन के बावजूद उदारता का स्वांग रचते हैं । अपने रिज़ल्ट से पहले दोस्त का रिज़ल्ट देखते हैं । पहले कटऑफ कितनी गयी होगी इसका आश्वस्त करके फिर पीडीएफ पर घबराते और कलेजा मुहँ में रखते हुए कभी सीधे लाइन से नहीं ,बल्कि जल्दी जल्दी में अपना नाम खोजते हैं । अगर रिज़ल्ट अनुकूल तो मिल गया मोक्ष ,मुक्ति । नहीं तो जाति ,सरकार ,व्यवस्था ,सीट ,पेपर ,आरक्षण से लेकर उस दोस्त की खोज में ,जिसके साथ ग़मों का लेनदेन किया जाय और,जिसका भी सेलेक्शन न हुआ हो । असफल लोगों की चक्कलस और बैठकों के आनंद व् रस के लिए देवता तरसते हैं । बड़े भाग से यह नसीब होता है । तुम क्या जानो ,.अवरुद्ध.....बाबू । लेकिन हारकर जीतने वाले को बाजीगर कहते हैं ,,हम जीतते हैं उदास दिनों से ,अकेली रातों से ,अपने लिए दूसरों की आँखों में नकारापन समझे जाने के भाव से ,,भले ही वो ऐसा न समझता हो । जब सब हमारी हँसी उड़ाते प्रतीत होते हैं ,,तो हमी अपने अहम को छोटा करके खुद को जीवन की गति से संतुलित करते हैं । हम बुद्ध पढ़ते पढ़ते मध्यममार्गी बन जाते हैं । फिर से नया मेला लगता है ,फिर शहर शहर घूमते हैं कहीं अपने टिकाने वाले अंग से छोटी कुर्सी पर बैठकर ,कहीँ खुद का सेंटर खोजते ,दूसरों को सेंटर बताते । और कभी लौटते हुए टेम्पो न मिलने पर डाला में लदकर आते हुए । नए अपरिचित मिलते हैं ,फिर बिछड़ते हैं । किन्तु हर बार हमारी प्रजाति के बीच खासकर उस दिन ,इतवार के दिन मानवता का अपरिचित सौंदर्य दिखता हैं । हम साक्षी बनते हैं उस समानता के जो किताबों में ही दिखाई देती है । बाकी तो जो है सब मोह माया है
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