GUD Quality..

1. Syndicate Bank PO Interview Questions :
1)Where was the Head Quarters of Syndicate Bank located ?
A) SyndicateBank Head Office Post Box No.1,MANIPAL 576 104 (Udupi Dist),Karnataka, INDIA
2)Who is the Chairman of Syndicate Bank ?
A) Shri Basant Seth, Chairman & Managing Director of Syndicate Bank
3) When did the bank came into existence ?
A) Syndicate Bank was established in 1925 in Udupi.karnataka
4) What was the Syndicate bank initial name?
A)On 10.11.1925, the business of the Bank commenced in Udupi with the name “Canara Industrial and Banking
Syndicate Ltd.,”a joint Stock Company with just one employee.Name of the Bank changed from “Canara
Industrial &Banking syndicate Ltd.” to “Syndicate Bank Limited”. Head Office was shifted to Manipal on
19.4.1964.
5) When was nationalised Syndicate bank?
A) Bank was nationalised on 19th July 1969
6) Syndicate bank line ?
A) “Your faithful and friendly financial partner”
7) could you tell about Network of Syndicate bank?
A) the total network of branches to over 2300.
8)Why do you choose po job as your career ?
A)You just say, “Job Security and Job in Syndicate bank is a privilege and it is a service to nation”
9)What do you think of the responsibilities / duties of a PO job in the banking sector ?
10)How do you prove yourself as a successful employee ?
11)Tell us about yourself ?
A)Introduce yourself , your education, your current job,etc in a short and sweet manner.
12)Tell us about your schooling background ?
13)Tell us about your academic career ?
14)What are your hobbies ?
15)What are the primary functions of a commercial bank ?
A)The primary functions of a commercial bank include:
a) accepting deposits; and
b) granting loans and advances
16)What are the salient features of Indian Banking Sector ?
17)Can you explain the reforms that taken place in the Indian banking industry ?
A) The Narasimham Committee laid the foundation for the reformation of the Indian banking sector. Constituted
in 1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the
efficiency and viability of the banking sector.

2. 18)What are the functions of Reserve Bank of India ?
A)Mainly the functions of RBI are classified as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions
19)Tell some of the Qualitative methods used by RBI for credit control in the country ?
20)Tell some of the Quantitative methods used by RBI for credit control in the country ?
21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to
control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control
inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts
every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate
changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.
22)What is Cash Reserve Ratio – CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of
India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a
bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.
23)What is Statutory Liquidity Ratio – SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash,
or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is
determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.
24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at
which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money
at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The
Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at
which the banks borrow from the central bank.
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative bank, Private bank,
Foreign bank ?
26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.
27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on
the monetary bill hold by the Banks
28))Important Terms?
SLR – Statutory liquidity ratio
CRR – Cash reserve ratio
Repo rate – It is the rate at which RBI lends money to Banks.
Reverse Repo Rate – It is the rate at which Banks park their funds with RBI

3. Bank Rate – It is the rate at which RBI lends money to Banks.
Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger
Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques
Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and
services by the card holder within specified limits and according to terms and conditions of the issuer Bank
without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the
account associated with it for financial transactions.
Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.
Merchant Bank provides capital to firms in the form of shares rather than money.
Investment Banks tend to provide investment to firms.
Corporate Banking looks after the needs of big firms, companies, business entities.
Business Banking looks after needs of medium level business firms, entities, individuals.
Retail banking focuses to provide services to individuals.
Private banking focuses to provide services to high net worth individuals.
Lead Banking focuses on providing all type of financial services.
Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and to
borrow and lend money. It is an institution for receiving, keeping, and lending money.
The viewers are expected to share their PO interview experiences of Syndicate bank in the comment section for
the mutual benefit of would be employ community.
Bank of india clerk interview questions :
1)Where was the Head Quarters of Bank of india located ?
A)Bandra (East),Mumbai.
2)Who is the Chairman of Bank of india ?
A) Shri. Alok Kumar Misra
3) When did the bank came into existence ?
A) 7th September, 1906
4) What was the Bank of india initial name?
A)
5) When was nationalised Bank of india?
A) July 1969
6) Bank of india Line ?
A) “Banking services with an attitude of care and concern for the customers and patrons”
7) could you tell about Network of Bank of india?
A) The Bank has 3101 branches in India spread over all states/ union territories including 141 specialised
branches. These branches are controlled through 48 Zonal Offices . There are 29 branches/ offices (including three
representative offices) abroad.
8)Why do you choose clerk job as your career ?
A)You just say, “Job Security and Job in Bank of India is a privilege and it is a service to nation”

4. 9)What do you think of the responsibilities / duties of a clerk job in the banking sector ?
10)How do you prove yourself as a successful employee ?
11)Tell us about yourself ?
A)Introduce yourself , your education, your current job,etc in a short and sweet manner.
12)Tell us about your schooling background ?
13)Tell us about your academic career ?
14)What are your hobbies ?
15)What are the primary functions of a commercial bank ?
A)The primary functions of a commercial bank include:
a) accepting deposits; and
b) granting loans and advances
16)What are the salient features of Indian Banking Sector ?
17)Can you explain the reforms that taken place in the Indian banking industry ?
A) The Narasimham Committee laid the foundation for the reformation of the Indian banking sector.Constituted in
1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the
efficiency and viability of the banking sector.
18)What are the functions of Reserve Bank of India ?
A)Mainly the functions of RBI are classified as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions
19)Tell some of the Qualitative methods used by RBI for credit control in the country ?
20)Tell some of the Quantitative methods used by RBI for credit control in the country ?
21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to
control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control
inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts
every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate
changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.
22)What is Cash Reserve Ratio – CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of
India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a
bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.
23)What is Statutory Liquidity Ratio – SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash,

5. or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is
determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.
24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at
which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money
at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The
Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at
which the banks borrow from the central bank.
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative bank,
Private bank, Foreign bank ?
26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.
27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on
the monetary bill hold by the Banks
28))Important Terms?
SLR – Statutory liquidity ratio
CRR - Cash reserve ratio
Repo rate - It is the rate at which RBI lends money to Banks.
Reverse Repo Rate – It is the rate at which Banks park their funds with RBI
Bank Rate – It is the rate at which RBI lends money to Banks.
Call money rate - It is the rate of interest charged by the banks for temporary borrows among banks Ledger
Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques
Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and
services by the card holder within specified limits and according to terms and conditions of the issuer Bank
without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the
account associated with it for financial transactions.
Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.
Merchant Bank provides capital to firms in the form of shares rather than money.
Investment Banks tend to provide investment to firms.
Corporate Banking looks after the needs of big firms, companies, business entities.
Business Banking looks after needs of medium level business firms, entities, individuals.
Retail banking focuses to provide services to individuals.
Private banking focuses to provide services to high net worth individuals.
Lead Banking focuses on providing all type of financial services.
Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and to
borrow and lend money. It is an institution for receiving, keeping, and lending money.
Canara bank clerk interview questions:
1)Where was the Head Quarters of Canara Bank located ?
A)Canara Bank, Head Office, Bangalore
2)Who is the Chairman of Canara Bank ?
A) Mr S Raman

6. 3) When did the bank came into existence ?
A) July 1906, at Mangalore
4) What was the Canara bank initial name?
A) Initially the name was ‘Canara Bank Hindu Permanent Fund’Later changed as ‘Canara Bank Ltd.’ in 1910 and
became Canara Bank in 1969 after nationalization.
5) When was nationalised Canara bank?
A) Nationalization in the year 1969
6) Canara bank Line ?
A) “Global Bank with Best Practices”
7) could you tell about Network of Canara bank?
A) Canara bank with 3057 branches and over 2000 ATMs, catering to all segments of an ever growing clientele
base of over 37.5 million.
8)Why do you choose clerk job as your career ?
A)You just say, “Job Security and Job in Canara bank is a privilege and it is a service to nation”
9)What do you think of the responsibilities / duties of a clerk job in the banking sector ?
10)How do you prove yourself as a successful employee ?
11)Tell us about yourself ?
A)Introduce yourself , your education, your current job,etc in a short and sweet manner.
12)Tell us about your schooling background ?
13)Tell us about your academic career ?
14)What are your hobbies ?
15)What are the primary functions of a commercial bank ?
A)The primary functions of a commercial bank include:
a) accepting deposits; and
b) granting loans and advances
16)What are the salient features of Indian Banking Sector ?
17)Can you explain the reforms that taken place in the Indian banking industry ?
A) The Narasimham Committee laid the foundation for the reformation of the Indian banking sector.Constituted in
1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the
efficiency and viability of the banking sector.
18)What are the functions of Reserve Bank of India ?
A)Mainly the functions of RBI are classified as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions

7. 19)Tell some of the Qualitative methods used by RBI for credit control in the country ?
20)Tell some of the Quantitative methods used by RBI for credit control in the country ?
21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to
control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control
inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts
every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate
changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.
22)What is Cash Reserve Ratio – CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of
India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a
bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.
23)What is Statutory Liquidity Ratio – SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash,
or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is
determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.
24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at
which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money
at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The
Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at
which the banks borrow from the central bank.
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative bank,
Private bank, Foreign bank ?
26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.
27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on
the monetary bill hold by the Banks
28))Important Terms?
SLR – Statutory liquidity ratio
CRR – Cash reserve ratio
Repo rate – It is the rate at which RBI lends money to Banks.
Reverse Repo Rate – It is the rate at which Banks park their funds with RBI
Bank Rate – It is the rate at which RBI lends money to Banks.
Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger
Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques
Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and
services by the card holder within specified limits and according to terms and conditions of the issuer Bank
without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the
account associated with it for financial transactions.
Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.
Merchant Bank provides capital to firms in the form of shares rather than money.
Investment Banks tend to provide investment to firms.
Corporate Banking looks after the needs of big firms, companies, business entities.

8. Business Banking looks after needs of medium level business firms, entities, individuals.
Retail banking focuses to provide services to individuals.
Private banking focuses to provide services to high net worth individuals.
Lead Banking focuses on providing all type of financial services.
Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and to
borrow and lend money. It is an institution for receiving, keeping, and lending money.
Canara bank investment officerinterview questions:
1)Where was the Head Quarters of Canara Bank located ?
A)Canara Bank, Head Office, Bangalore
2)Who is the Chairman of Canara Bank ?
A) Mr S Raman
3) When did the bank came into existence ?
A) July 1906, at Mangalore
4) What was the Canara bank initial name?
A) Initially the name was ‘Canara Bank Hindu Permanent Fund’Later changed as ‘Canara Bank Ltd.’ in 1910 and
became Canara Bank in 1969 after nationalization.
5) When was nationalised Canara bank?
A) Nationalization in the year 1969
6) Canara bank Line ?
A) “Global Bank with Best Practices”
7) could you tell about Network of Canara bank?
A) Canara bank with 3057 branches and over 2000 ATMs, catering to all segments of an ever growing clientele
base of over 37.5 million.
8)Why do you choose investment officer job as your career ?
A)You just say, “Job Security and Job in Canara bank is a privilege and it is a service to nation”
9)What do you think of the responsibilities / duties of a Investment Officer job in the banking sector?
10)How do you prove yourself as a successful employee ?
11)Tell us about yourself ?
A)Introduce yourself , your education, your current job,etc in a short and sweet manner.
12)Tell us about your schooling background ?
13)Tell us about your academic career ?
14)What are your hobbies ?
15)What are the primary functions of a commercial bank ?
A)The primary functions of a commercial bank include:

9. a) accepting deposits; and
b) granting loans and advances
16)What are the salient features of Indian Banking Sector ?
17)Can you explain the reforms that taken place in the Indian banking industry ?
A) The Narasimham Committee laid the foundation for the reformation of the Indian banking sector.Constituted in
1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the
efficiency and viability of the banking sector.
18)What are the functions of Reserve Bank of India ?
A)Mainly the functions of RBI are classified as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions
19)Tell some of the Qualitative methods used by RBI for credit control in the country ?
20)Tell some of the Quantitative methods used by RBI for credit control in the country ?
21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to
control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control
inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts
every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate
changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.
22)What is Cash Reserve Ratio – CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of
India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a
bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.
23)What is Statutory Liquidity Ratio – SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash,
or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is
determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.
24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at
which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money
at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The
Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at
which the banks borrow from the central bank.
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative bank,
Private bank, Foreign bank ?
26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.

10. 27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on
the monetary bill hold by the Banks
28))Important Terms?
SLR – Statutory liquidity ratio
CRR - Cash reserve ratio
Repo rate – It is the rate at which RBI lends money to Banks.
Reverse Repo Rate – It is the rate at which Banks park their funds with RBI
Bank Rate – It is the rate at which RBI lends money to Banks.
Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger
Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques
Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and
services by the card holder within specified limits and according to terms and conditions of the issuer Bank
without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the
account associated with it for financial transactions.
Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.
Merchant Bank provides capital to firms in the form of shares rather than money.
Investment Banks tend to provide investment to firms.
Corporate Banking looks after the needs of big firms, companies, business entities.
Business Banking looks after needs of medium level business firms, entities, individuals.
Retail banking focuses to provide services to individuals.
Private banking focuses to provide services to high net worth individuals.
Lead Banking focuses on providing all type of financial services.
Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and to
borrow and lend money. It is an institution for receiving, keeping, and lending money.
corporationbank interview questions for clerks :
1)Where was the Head Quarters of Corporation Bank located ?
A) Mangalore in karnataka state
2)Who is the Chairman of Corporation Bank ?
A) Shri Ramnath Pradeep appointed on Sept 1st 2010.
3) When did the bank came into existence ?
A) Established on 12th march 1906 at the temple town of UDIPI in karnataka state.
4) What was the coporation bank initial name?
A) Initially the name was “Canara Banking Corporation (Udipi) Limited” later In 1939, the Bank’s name changed
from Canara Banking Corporation (Udipi) Ltd., to “Canara Banking Corporation Ltd.,” with the motto-“ Sarve
Janah Sukhino Bhavantu” which means “Prosperity to All ” .The second change in the name of the Bank occurred
in 1972, from ‘Canara Banking Corporation Ltd.’ to ‘Corporation Bank Limited.’ and finally ‘Corporation Bank’
following its nationalization on 15th April,1980.
5) When was nationalised corporation bank?
A) 15th April, 1980
6) Corporation bank “Corporate Vision”?
A) ” The Most Preferred Bank with Global Standards ”

11. 7) could you tell about Network of Corporation bank?
A) The Bank with a Network of 1176 Branches,1159 ATM centers,and 1408 Grameen vikas kendras as on 30th
Sept 2010 .with 10 million coustomers across india.
8) Why do you choose clerk job as your career ?
A)You just say, “Job Security and Job in Corporation bank is a privilege and it is a service to nation”
9)What do you think of the responsibilities / duties of a clerk job in the banking sector ?
10)How do you prove yourself as a successful employee ?
11)Tell us about yourself ?
A)Introduce yourself , your education, your current job,etc in a short and sweet manner.
12)Tell us about your schooling background ?
13)Tell us about your academic career ?
14)What are your hobbies ?
15)What are the primary functions of a commercial bank ?
A)The primary functions of a commercial bank include:
a) accepting deposits; and
b) granting loans and advances
16)What are the salient features of Indian Banking Sector ?
17)Can you explain the reforms that taken place in the Indian banking industry ?
A) The Narasimham Committee laid the foundation for the reformation of the Indian banking sector. Constituted
in 1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the
efficiency and viability of the banking sector.
18)What are the functions of Reserve Bank of India ?
A)Mainly the functions of RBI are classified as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions
19)Tell some of the Qualitative methods used by RBI for credit control in the country ?
20)Tell some of the Quantitative methods used by RBI for credit control in the country ?
21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to
control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control
inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts
every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate
changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.

12. 22)What is Cash Reserve Ratio – CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of
India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a
bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.
23)What is Statutory Liquidity Ratio – SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash,
or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is
determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.
24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at
which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money
at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The
Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at
which the banks borrow from the central bank.
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative bank, Private bank,
Foreign bank ?
26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.
27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on
the monetary bill hold by the Banks
28))Important Terms?
SLR – Statutory liquidity ratio
CRR - Cash reserve ratio
Repo rate - It is the rate at which RBI lends money to Banks.
Reverse Repo Rate – It is the rate at which Banks park their funds with RBI
Bank Rate – It is the rate at which RBI lends money to Banks.
Call money rate - It is the rate of interest charged by the banks for temporary borrows among banks Ledger
Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques
Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and
services by the card holder within specified limits and according to terms and conditions of the issuer Bank
without having any account.Debit card is e-Cheque which can be used within the limits of the credit in the account
associated with it for financial transactions.
Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.
Merchant Bank provides capital to firms in the form of shares rather than money.
Investment Banks tend to provide investment to firms.
Corporate Banking looks after the needs of big firms, companies, business entities.
Business Banking looks after needs of medium level business firms, entities, individuals.
Retail banking focuses to provide services to individuals.
Private banking focuses to provide services to high net worth individuals.
Lead Banking focuses on providing all type of financial services.
Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and to
borrow and lend money. It is an institution for receiving, keeping, and lending money

13. Indian bank clerk interview questions:
1)Where was the Head Quarters of Indian Bank located ?
A)Chennai,Tamilnadu
2)Who is the Chairman of Indian Bank ?
A)Shri T.M. Bhasin
3) When did the bank came into existence ?
A)Established on 15th August 1907 as part of the Swadeshi movement
4) What was the indian bank initial name?
A)
5) When was nationalized indian bank?
A)
6) indian bank Line ?
A)’Taking Banking Technology to the Common man’
7) could you tell about Network of indian bank?
A)Core Banking Solution(CBS) in all 1801 branches,1059 Automated Teller Machines(ATM), 57000 ATMs
under shared network.
8)Why do you choose clerk job as your career ?
A)You just say, “Job Security and Job in indian bank is a privilege and it is a service to nation”
9)What do you think of the responsibilities / duties of a clerk job in the banking sector ?
10)How do you prove yourself as a successful employee ?
11)Tell us about yourself ?
A)Introduce yourself , your education, your current job,etc in a short and sweet manner.
12)Tell us about your schooling background ?
13)Tell us about your academic career ?
14)What are your hobbies ?
15)What are the primary functions of a commercial bank ?
A)The primary functions of a commercial bank include:
a) accepting deposits; and
b) granting loans and advances
16)What are the salient features of Indian Banking Sector ?
17)Can you explain the reforms that taken place in the Indian banking industry ?
A) The Narasimham Committee laid the foundation for the reformation of the Indian banking sector.Constituted in
1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the
efficiency and viability of the banking sector.

14. 18)What are the functions of Reserve Bank of India ?
A)Mainly the functions of RBI are classified as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions
19)Tell some of the Qualitative methods used by RBI for credit control in the country ?
20)Tell some of the Quantitative methods used by RBI for credit control in the country ?
21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to
control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control
inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts
every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate
changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.
22)What is Cash Reserve Ratio – CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of
India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a
bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.
23)What is Statutory Liquidity Ratio – SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash,
or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is
determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.
24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at
which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money
at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The
Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at
which the banks borrow from the central bank.
25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative bank,
Private bank, Foreign bank ?
26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.
27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on
the monetary bill hold by the Banks
28))Important Terms?
SLR – Statutory liquidity ratio
CRR – Cash reserve ratio
Repo rate - It is the rate at which RBI lends money to Banks.
Reverse Repo Rate – It is the rate at which Banks park their funds with RBI
Bank Rate – It is the rate at which RBI lends money to Banks.

15. Call money rate – It is the rate of interest charged by the banks for temporary borrows among banks Ledger
Tender Money – Currency issued by RBI Optional Money – Cheques, DDs, Bankers Cheques
Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-form for buying goods and
services by the card holder within specified limits and according to terms and conditions of the issuer Bank
without having any account. Debit card is e-Cheque which can be used within the limits of the credit in the
account associated with it for financial transactions.
Core Banking – Networking of Banks for providing any where any time Banking is called Core Banking.
Merchant Bank provides capital to firms in the form of shares rather than money.
Investment Banks tend to provide investment to firms.
Corporate Banking looks after the needs of big firms, companies, business entities.
Business Banking looks after needs of medium level business firms, entities, individuals.
Retail banking focuses to provide services to individuals.
Private banking focuses to provide services to high net worth individuals.
Lead Banking focuses on providing all type of financial services.
Narrow Banking focuses on a particular sector like Mortgage, Auto Finance etc.
29)What is a bank?
A) A bank is a financial institution whose primary activity is to act as a payment agent for customers and to
borrow and lend money. It is an institution for receiving, keeping, and lending money.