Important Questions and Answers for IBPS PO V Interviews – 1/4



Hello and welcome to ExamPundit. Here are some Important Questions with Answers for IBPS PO V Interviews which was asked in our LIVE Q&A 1st Session of 4.

[Q] If a customer without any documents should
get bank a/c ?
Answer:
Small accounts can be opened for persons who do not have KYC docs but these are
valid for 12 months only.
[Q] Small a/c means?
Answer:
It is a type of a/c for those who do not have Officially Valid KYC documents.
.There are many restriction in this
It can be can be converted to Regular Savings Account
after submitting KYC documents. 
These are primarily meant for poorer sections of society
to encourage them to start saving without any burden of charges or fees.
[Q] What motivates you the most ?? Possible
answers for this question
Answer:
What exactly motivates you the most. Don’t make up stuffs which determines your
personality.
[Q] I have 4 years gap after my BTech.. should
i say i have been preparing since 3 years ?? I attended 3 interviews before
this and always a question regarding gap
Answer:
Be honest. Say! It shows that you did not give up, and it also shows you will
not leave them after a few months.
[Q] Difference between t-bill, commercial paper
and certificate of deposit. In easy words
Answer:
T-Bill – Treasury Bills are short term (up to one year) borrowing instruments
of the Government of India which enable investors to park their short term
surplus funds while reducing their market risk. They are auctioned by Reserve
Bank of India at regular intervals and issued at a discount to face value.
To give a boost to the money market and for reducing the
dependence of highly rated corporate borrowers on bank finance for meeting
their working capital requirements, corporate borrowers were permitted to
arrange short term borrowings by issue of Commercial Paper (CP) with effect
from Ist January, 1990.
A certificate issued by a bank to a person depositing
money for a specified length of time at a specified rate of interest.
[Q] What changes will you make to your branch
after becoming a PO to improve the branch business?
Answer:
Focus on the current topics, for eg. Creating Awareness about Money Laundering,
Fraud Calls, Digital Banking, Encourage people about Govt Schemes, Long Term
Investments.
[Q] Will you relocate to different state or you
want same city posting??
Answer:
“I’m flexible with both” should be your ans.
After selection you can again give your 1st three places
of pref 🙂
[Q] Explain Debenture in easy words?
Answer:
Debentures are a corporate or government bond not secured by any specific
assets or property/ It is a debt instrument used by large companies to borrow
money, at a fixed rate of interest.
In corporate finance, a debenture is a medium- to
long-term debt instrument used by large companies to borrow money, at a fixed
rate of interest.
[Q] 1) If your Branch Manager is torturing you,
what would you do?
2) If your clerk
is not working, what action would you take or what would you do??
Answer:
Both of the question determine your Communication, Managerial and Diplomatic
Skills. One is about someone above your position, one lower. In both the cases,
just make sure you show your tolerance, diplomatic and problem solving
attitude.
1) I will try to do the work given by the BM to my extent
and if not satisfied then will take the matter to higher officials.
2) I will try to speak to clerk about the problem and
resolve it and if not resolved then will take the issue to higher authorities.
[Q] Difference between bond & equity?
Answer:
Bonds and stocks are both securities, but the major difference between the two
is that stockholders have an equity stake in the company (i.e. they are
investors), whereas bondholders have a creditor stake in the company (i.e. they
are lenders).
[Q]
What is Near Field Communication Technology Banking?



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