Bank Interview Questions and Answers for Clerks , PO’s and Specialist Officers

Bank Interview Questions and Answers for clerk , po , specialist officers, ibps, sbi,icici

Here are the collection of some important and rarely asked bank interview questions and answers Bank PO Interview Questions and Answers | PO | Clerk. Read more … » , hope it will be useful for the candidates who are attending bank interviews conducted by IBPS and SBI and other banks.

Bank Interview Questions with Answers.

Q1) Why do you want to enter banking sector or banking field?

Ans) Banking Sector is one of the fastest growing sectors in India with more stable and high growth and more over providing wide range of career opportunities for desired graduates and post graduates. So, I want to make my career in Banking Sector

Q2) Do you know the difference between Demand Draft and Cheque?

DD (Demand Draft) and Cheque, both are used for transfer the amount between two accounts of same or different Banks.Cheque is given by an individual and withdrawn from the account whereas DD is issued by a bank where you have to pay before issuing.

Q3)What are NBFCs and difference between NBFCs and Bank?

NFBC Non-bank financial companies are financial institutions that provide banking services, but do not have a banking license. NBFCs do offer all types of banking services, like credit facilities and loans , retirement planning, money markets, and merger activities. These institutions are not allowed to take deposits from the public.

Q4). What is Private Banking?

Banking services offered to HNWI (Full form of HNWI is high net-worth individuals). Private banking institution
assists the HNWI in investing his/her money in exchange for commissions and fees. The term “private” refers to the customer service being rendered on a more personal basis.

Q5). What is the Use of Computers in a Bank?

Computers are used for many purposes in banks like:

  • Account Information of Customers are stored.
  • Mathematical operations can be solved in fraction of seconds.
  • For User Authentication.
  • Easy Online Transactions with other banks.
  • When you use an ATM, you are using a networked computer terminal. It’s easier to access/update the information.
  • An employee can also check a customer’s account balance instantly.
  • Computers help a bank save time and money, and can be used as an aid to generate profits.

Q6).What is recession? What is the cause for the present recession?

Q7). What is Sub-prime crisis?

Q8). What is a Repo Rate?

Q9). What is Reverse Repo Rate?

Q10) What is CRR Rate?

Q11) What is SLR Rate?

Q12.) What is Bank Rate?

Q13.) What is Inflation?

Q14.) What is Deflation?

Q15.) What is PLR?

Q16.) What is Deposit Rate?

Q17. What is FII?

Q18 ). What is FDI?

Q19) What is IPO?

Q21. What is Fiscal Deficit?

Q22) What is Revenue deficit?

Q23). What is GDP?

Q24. What is GNP?

Q25. What is National Income?

Q26 . What is Per Capita Income?

Q27 . What is SEZ?

Q28 Functions of RBI?

Q29 What is monetary policy?

Q30. What is Fiscal Policy?

Q31 What is bank and its features and types?

Q32 What is Right to information Act?

Q33 What is Cheque?

Q34 What is demand Draft?

Q35 What is a NBFC?

Q36 What is NABARD?

Q37 What is SIDBI?

Q38 What is SENSEX and NIFTY?

Q39 What is SEBI?

Q40 What are Mutual funds?

Q41 What are non-perfoming assets?

Q42 What is Recession?

Q43 What is foreign exchange reservers?

Q44. What is the difference between Nationalized bank and Private Bank ?

Q45. What is CRM?

Q46. What is dematerialisation ?

Q47. What is Derivative ?

Q48. What is Bancassurance ?

Q49. What is LAF ?

Q50. What is Money Laundering ?

SSC CHSL Tier I exam 2017 answer keys released, check them here

ssc chsl key 2017 tier 1
Updated on : 15th March,2017

SSC CHSL Tier I exam 2017 answer keys released, check them here

The (SSC) Staff Selection Commission released the Combined Higher Secondary Level (CHSL) Tier-I exams 2017 tentative answer keys on Wednesday on its official website for the examinations which were held from January 7th 2017 to February 8th 2017.

To check the answer keys Click here ; a login page appears . as shown below

ssc chsl key 2017 tier 1

Enter the same user id and password which were used during the SSC CHSL examination and select the exam date on which you have attended and click on submit.
The answer keys will be displayed on the screen.
Candidates can raise objections to the answer keys from 15th March to 5pm on 20th March , 2017 on payment of Rs100/- per answer.
Any representation received after the due date will not be entertained.

SSC Higher Secondary Level Exam 2016 -SSC CHSL Recruitment

SSC CHSL Recruitment 2016 : Staff Selection Commission SSC has announced a notification for the Combined Higher Secondary Level (10+2) CHSL Exam and invites online applications from the eligible Indian citizen to fill up the vacancies of 5134 DEO, LDC, Sorting Assistants, Court Clerks and Postal Assistant Vacancies through this recruitment. Know more details about SSC Higher Secondary Level Exam 2016 Notification below.

Details of SSC Higher Secondary Level Exam 2016 Notification | SSC CHSL 2016

Examination Conducted : Staff Selection Commission

Vacancies to be filled by this recruitment : 5134

Name of the examination : SSC Combined Higher Secondary Level Exam or CHSL or (10+2)

Name of the post : Postal Assistant / Sorting assistant

No.of of Vacancies : 3281

Name of the post : Data Entry Operator – DEO

No.of Vacancies : 506

Name of the post : Lower Divisional Clerk – LDC

No.of Vacancies : 1321

Name of the post : Court Clerks

No.of Vacancies : 26

Age Limit:

Candidate must be between 18-27 years* as on 1st Jan, 2017, and age relaxation as per GOI rules.

Educational Qualification

Candidates who are applying for the SSC CHSL exam must passed the Intermediate or 12th Class or equivalent from a recognized board.

Selection Procedure

Through Tier-I, Tier-II Examination.

Application fee for SSC CHSL Exam 2017

Fee exempted for Women/SC/ST/PWD and Exsm candidates and all the others must pay Rs.100/- . Application fee can be paid through Online mode using credit/debit cards or netbanking or through SBI Challan

How to apply for Staff Selection Commission Higher Secondary Level Exam 2017

Candidates are suggested to read the official advertisement carefully and check for the eligibility required , if you are eligible to apply for this exam, you need to visit the official website of

There will be two parts for registration , Part I consists of basic information of the candidates to be filled appropriately and submit it by paying application fee Online/ Offline. After successful completion of Part I , candidates have to fill the part II by uploading scanned Photograph and Signature and other details to complete registration process.

Candidates are advised to take a print out of successfully completed registration form, and must enter working email and mobile numbers wherever it is necessary

Important dates for CHSL Exam by SSC 2017

Last Date for applying : 7th Nov,2016
Date of Computer Based Examination (Tier-I): 07th Jan,2017, 5th Feb,2017
Date of Tier-II (Descriptive Paper): 9th April,2017

Important Links (Sources)

Official Website :

Apply online : Click Here