Interview questions asked in bank PO

Interview questions asked in bank PO

Institute of Banking Personnel Selection (IBPS) plays a pivotal role in selecting candidates for the prestigious position of Probationary Officer (PO). The IBPS PO interview is a crucial phase in the selection process, serving as the final step for candidates who have successfully navigated through written examinations. Aspiring to join the esteemed ranks of public sector banks in India, candidates must be well-prepared to face a diverse array of interview questions that assess not only their technical knowledge but also their interpersonal skills, decision-making abilities, and overall suitability for a leadership role in the banking sector. In this article, we delve into the intricacies of the IBPS PO interview, exploring the common themes and specific questions that candidates can anticipate, while also offering valuable insights and tips to help them navigate this crucial stage with confidence and finesse.

Basic questions–

Tell about yourself.
Reason to join banking sector
Hobbies
Where do you see yourself in few years?
Why we should hire you?
What is your inspiration?
What is your strength and weakness?
Role of PO in bank
How your subject will help in banking sector?

Question related to bank and economy-

RBI and its functions.
Bank and its functions, types of banks.
Types of bank accounts.
Types of loans.
NPA- non performing asset and how to overcome it?
PCA- prompt corrective action.
PSL- priority sector lending.
MSME- micro, small and medium enterprises.
Repo rate, Reverse repo rate, base rate, bank rate.
CRR- cash reserve ratio and SLR- statutory liquidity ratio and why these need to maintain?
KCC- Kisan credit card
Mudra loans
why banks are nationalised?
KYC- know your customer
SHG- self help group
NPCI- National payment corporation of india.
NEFT- National electric fund transfer and RTGS- Real time gross settlement.
What is Narrow banking?
Difference between Credit Card and Debit Card?
Difference between EQ and IQ.
Indemnity
ANBC- Adjusted net bank credit.
CTS- Cheque Truncation System
Relationship between bank and its customer with respect to locker service?
IMPS- Immediate payment service
What is inclusive growth?
LOC- letter of credit, difference between LOC and BG( Bank Guarantee).
Payment method in interest banking.
MCLR- Marginal Cost Of Funds Based Lending Rate.
MSF- Marginal Standing Facility
Demand loan
Which account is best for a businessman?
Social Security Scheme.
SGB- Sovereign Gold bond and its benefits.
Problem in banking sector?
Current problem in Indian Economy and its reason.
Margin Money.
Inflation and deflation.
Money Laundering.
Full form of some terms i.e. CAPTCHA, CHIPS, NEWS, NITI Aayog, SWIFT etc.
Bancassurance.
Primary Security and Collateral security.
Cash book, Trial balance, balance sheet.
Cheque and its types.
Clean note policy.
DBT- Direct Benefit Transfer.
Credit Rating.
NBFC- Non banking finance companies and its types.
Measure to be taken to control the money.
Stock exchange and Index.
NIFTY and Sensex.
Refinance.
Payment Aggregator and Payment Gateway.
PLR-Prime lending rate.
Basic knowledge of ADB, WB, SIDBI, NABARD, SEBI etc.