Bank Interview Questions and Answers:
Every Bank Conducts written exam to select the suitable candidates for the required position. A large number of aspirants can take part in this exam. After the exam, Bank organizes a Interview for the selection of talented applicants. Job Seekers find some questions and answers which are asked in Interview for Freshers and Experienced.Here we present some Bank Interview Questions and Answers that are relevant, suitable, and effective in impressing the selection panel.
Some Important Bank Interview Questions and Answers
Question1: Say something about yourself?
Answer1: Thank you for showing interest in me. I am <personal details>. I have two brothers, etc., <family details>. My father works at <background>. I studied at <academic details>. I like <interesting and useful hobbies>
Question2: How much does your Father earn every year?
Answer2: My father is a distinguished <job profile>. He earns <Salary estimate>
Question3: Why Banking Jobs?
Answer3: Indian economy is developing at a rapid pace, and the banking sector provides challenging job opportunities in this scenario. Banking services are the backbone of any economy, and even small startups rely on banks for their seed capital. Banks play a significant role in national development, and the jobs are diverse and enterprising. <Give latest figures, facts, job titles, etc.,>
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Question4: What are your strengths?
Answer4: I am an enthusiastic person with academic and professional aspirations. I pursued <education degree> with the objective of working in a modern organization with a challenging work environment. I try to test myself, and succeed by effectively applying my talent and knowledge in achieving predefined goals. I am physically and mentally very strong, and I can withstand pressure and deadlines. I assess myself regularly and try to overcome by drawbacks by putting in more effort, etc.,
Question 5: What are your weaknesses?
Answer5: I watch TV and use the mobile phone and internet technologies a little too much. However, I am willing to comply by the bank rules and stay away from digital dependency.
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Question 6: What is a Cheque?
Answer6: A cheque is a recognizable and valid bill of exchange that specifies account number, payable amount, date, and signature. The bank has to honour legitimate cheques, and pay the customer during working hours. However, The bank has the right to verify the legitimacy of the cheque and reject payment on the basis of insufficient funds, inaccurate date, illegible writing, or inability of the customer to display ID proof such as Aadhar Card, Voter Id, Bank Passbook, Passport, mobile phone number details, etc.,
Question7: What is Money Laundering?
Answer7: Money laundering is an illegal process in which unaccounted or unaccountable money is presented as legitimate. A false chain of sources is created to hide true ownership. By law, people who launder money, either knowingly or unknowingly can be punished with imprisonment, property confiscation, and penalties.
Question 8: What are the functions of RBI?
Answer8: The Reserve Bank of India is the central bank that was established during British rule on 1st April, 1935. The Young Hilton Committee submitted a set of recommendations in 1926, and RBI came into force 9 years later on the basis RBI act of 1934. The main functions of RBI include –
- RBI is the banker to the Central Government of India.
- It regulates the issue, cancellation, and circulation of banknotes of various denominations.
- It supervises banking activities in private and public sector banks.
- RBI is controller of credit, and lender of last resort.
- Foreign Reserves of India are in the custody of RBI.
Top Bank Interview Questions And how to Answer PDF – Download Banking Related Questions
Note: Make sure you understand the meaning of banking terms, and use them appropriately as suitable to the context.