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IBPS PO Interview Questions 2016–2017 CWE–PO/MT PDF With Answers Online

IBPS PO Interview Questions

IBPS PO Interview QuestionsCracking the interview of IBPS become more difficult when you don’t have any idea that what are the top IBPS PO Interview Questions 2016. So here we introduce you the online CWE–PO/MT question answers which are sufficient to guide you in cracking the IBPS PO interview round. Applicants, who want to apply for IBPS CWE for PO (Probationary officer) / MT (Management Trainee) positions, may get update IBPS PO Interview Questions 2017, through our web portal.

Institute of Banking Personnel Selection firstly conducts CWE (Common Written Examination) at various locations in the country. The main motive to conduct this exam to recruit well qualified and career oriented applicants for concerned position. Large numbers of candidates participates in this examination every year to fulfill their dream to become PO. Candidates who pass in written exam they have to go for interview round. After cracking the interview candidates are appointed in IBPS associated banks. So here on this page we are providing you IBPS PO Interview Questions with answers.

IBPS PO Interview Questions

Q1. Tell me about yourself?

A1. First of all I would like to thank you for given me opportunity to introduce myself in front of you. You have to tell about your background, personal information, qualification, work experience and other details with this question. Many interviewers use answer of this question to ask second question.

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Q2. Why do you want to enter banking sector?

A2. I want to join banking sector because this sector provides an excellent platform where we can learn new things and improve our knowledge and of course make our future bright and safe.

Q3. Where do you see yourself in the next 5 years?

A3. I see myself at the most responsible position where my organization treats me as ab assets of the organization.

Q4. What are you strength?

A4. My strength are hardworking, motivated and I can easily adapt any environment.

Q5. What is CRR?

A5. Cash Reserve Ratio is percentage of customer’s deposits with commercial banks that they need to deposit with RBI. Right now it’s 4%.

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Q6. What is SLR?

A6. Statutary Liquidity Ratio is the percentage of liabilities and time deposits that commercial banks need to keep with them in form of Cash, Gold or Government approved securities. Right now SLR is 22%

Q7. What are various services provided by a commercial bank?

A7. There are many services provided by commercial banks that are mentioned below:

  • Lockers
  • Safe custody of funds
  • Advancing loans
  • Fund transfers
  • Periodic payments
  • Underwriting of shares
  • Dealing in foreign exchange
  • Discounting of loans
  • Overdraft

Q8. Who invented ATM?

A8.  John Shepherd-Barron invented ATM.

Q9. Who is Governor of RBI?

A9.  Dr. Raghuram Rajan

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Q10. What is national income?

A10. It is a total amount of money earn by the county.

Q11. What is the difference in Current account and Savings accounts?

A11. Current Account — this account is open for business propose and bank pay no interest on the balance held therein. There is no binding of numbers of transaction in such types of accounts.

Savings account — this account is open for saving purpose and bank pay interest on the balance held therein. There is some restrictions of transactions in such types of accounts.

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Q12. What is Cheque?

A12. Cheque is a traversable instrument containing uncertain order to pay sum of money to the individual declared on it or to the holder of the instrument.

Q13. What is commercial bank?

A13. A commercial bank is a financial institution. It provides various facilities to the customer like deposits, making business loans, and offering basic investment products. The fundamental aim of this bank is to provide loan to the general public and business.

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Q14. What is ‘prime rate’?

A14. Prime rate is a lowest rate of interest at which money may be borrowed.

Q15. What is bank?

A15. It is a financial institute that accepts money, give interest, provide loans and provide other financial services to the customers.

Q.16 what is RBI?

A.16 RBI is the central bank of India. It was formed in 01st April 1935 in accordance with reserve bank of India act, 1934.

Q.17 what is repo rate?

A.17 A rate in which RBI gives money to commercial banks. Whenever the commercial banks need money so, it can borrow money from RBI.

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Q.18 what is reserve repo rate?

A.18 A rate in which commercial banks gives money to RBI. Whenever RBI needs money so, it can borrow from commercial banks.

Q.19 what is deserve rate?

A.19 deserve rate is the Interest rate paid by a bank and other institution on the cash on deposit by the customers.

Q.20 what is inflation?

A.20 In the Indian economy when demand of goods and services increases than the supply of goods it this situation prizes of goods increases this is called inflation.

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Q.21 what is deflation?

A.21 when the demand of goods and services decreases than the supply of goods. In this situation prize of goods decrease this is called deflation.

Q.23 what is GDP?

A.23 The gross domestic product is the primary indicators used to measure the health of a country’s economy. mainly, GDP is used as a comparison to the previous quarter or year situation of the country.

Q.24 what are the functions of RBI?

A.24 Functions of RBI are follows as:

  • Custodian of Cash Reserves of Commercial Banks
  • Issue of Bank Notes
  • Controller of Credit
  • Custodian of Cash Reserves of Commercial Banks
  • Banker to Government
  • Forbidden Business

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Q.25 what is Treasury bill?

A.25 it is a short term bill issued by a national (federal) government usually less than one year, typically three months.

Q.26 what is commercial papers?

A.26 Commercial paper is an short-term debt instrument issued by a meeting short-term liabilities usually 270 days. The debt is usually issued at a discount, reflecting prevailing market interest rates.

Q.27 What is SENSEX and NIFTY?

A.27 SENSEX is basically sensitive index which was established in1986. This is directly associated with Bombay Stock Exchange. This sensitive index shows the 30 most traded stocks of BSE. NIFTY is the index of National Stock Exchange which represent the 50 most traded stocks of NSE.

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Q.28 What is FDI?

A.28 FDI stands for Foreign Direct Investment. It is an investment which is made by a company from one country to another country.

Q.29 What is GNP

A.29 GNP stands for Gross national product. It represents the market value of entire products and services produced by labour and property supplied by the citizens of a country, in one year.

Q.30 What is Demand Draft

A.30 Is it used for transfer of money and basically it is banker’s check which cannot be dishonored.

DO’s or Don’ts in interview

  • Candidates need to prepare your resume yourself with our knowledge don’t write unnecessary information in the resume.
  • Candidates have to appear for interview on time. Don’t be late.
  • Applicants should have a confidence and high energy level and don’t be over confidence.
  • You have to express yourself clearly with a strong voice and good communication.
  • Do switch off your phone.
  • Don’t treat the interview casually.
  • Don’t disagree with yourself in responses.
  • Maintain good eye contact during an interview.
  • Dress appropriately for the industry.

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We hope that these IBPS PO Interview Questions and Answers will help you for cracking the interview for banking sector so must prepare all these questions with their suitable answers. Visitors may gather further upcoming details about IBPS PO Interview Questions 2017 by visiting our web portal www.recruitmentinboxx.com. You can also join us with Facebook or Google plus to attain complete information directly at your time line and also can subscribe this web portal for getting information direct in your mailbox.

You May Also Like To Check This Section

IBPS PO Previous Question Papers Best Books for IBPS PO CWE Exam
IBPS PO Admit Card IBPS PO Results
IBPS PO Exam Preparation Tips IBPS PO/MT Exam Application Form
IBPS PO Salary Package IBPS PO Challan Form
IBPS Study Material IBPS PO Eligibility Criteria
IBPS Online Mock Test  IBPS Sample Paper

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