Question and Answers in IBPS PO 3 Interview

Question and Answers in IBPS PO 3 Interview

Name : Karthik

Qualification : BTech IT

Venue : IOB Regional office, Chennai

Date : 03-jan-2014

Time : 8.30

My PO Interview was in chennai and i was the first one to bat ...After verification of My document i entered the room saying excuseme sirs. The Panel consist of 4 Members (M1,M2,M3 n M4)

(M1)

1Q---->Technical Q from Database?
1A---->thinking^^^ sry sir I have to Re-Collect

(M2)

2Q---->what is Banking?
2A----> Banking is financial institute which accepts deposit from the public at lower interest rate and lend the same to the public with much higher interest rate for certain profit .banking regulation act 1949 define banking as " accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and with drawable by cheque, draft, order or otherwise"

3Q---->why Banking?
3A----> job opportunity is more as well as career advancement in banking sector, we can Balance our time to the family and to the work, secure job, nowadays banking is driven with technology so i can handle front-end process with the understanding of the back-end process
4Q you said bank gives lesser interest , there are cases where bank give higher interest rate than lending?can you tell that?
A4--->about term depsit(FD,RD) (M2 -- not that i mean lending ). i said agriculture loan , education loan(M2 'yes like that' he said it with satisfaction but i was confused with my answer )
5Q---->You have taken education loan ?
5A---->yes sir, i have taken

6Q---->Which Bank ?
6A---->SBI , as my father is an EX-Banker

7Q---->What is your father in SBI?
7A---->special assistant (oki(M2) , then i added one info saying that NPA is more on Education load as he was talking about Education loan)

(M3)

8Q---->asked about banks playing role in country development ?
8A---->banks plays a vital role in every sector in India and told about the development bank

9Q----> Who is the governor of RBI?
9A---->Dr.Raguram rajan and strated with deputy Governor(he said its enough)

10Q--->who played the major role in Nationalizing bank?
10A--->Indira Gandhi

11Q--->In which year ?
11A--->In 1969 and 1980 , 14 banks nationalized in 1969 n 6 bank nationalized in 1980

(M4)

12Q--->you know which bank Merged in 1993?
12A--->new bank of india merged with punjab national bank

M2
13Q--->din remember the Q and what i have Ans

14Q--->You told me abt comfort(time management which i told in the beginning) of banking..you know even bank will ask you to work for more hours ?
14A--->yes sir i know but not like IT and gave one real incident (my friend works in an IT company stating that he will return home at 12.00.

15Q--->IT company as good HRD and before it was with regular timing but it has changed ,bank will also do the same coz bank pay is high work is less n said that you can choose IT ?
15--->bank has only one department but IT has 100 technology consist of 100 language (m2 event bank has many dept) bank basic is one, others ore modified form of this but iT has 100 languages (m2 to comp it with the world we have to know the languages n said ur right you have to learn languages)

...................................................................................................................

(M2) you have done your interview well, all the best and gave a handshake ..i thanked n gave a handshake to everyone

Today I'm having a doubt whether he said 'done your interview well' or 'done with your interview' I couldn't recollect the incident :(
All the Best to all