Banking Interview Questions -4
• How is the importance of insurance sector? What are the growth drivers.
• What is the role of RBI
• What are SMEs?
• What is the role of IRDA?
• How does a bank earn its profit?
• What are the various kind of business undertaken by Banks
• What do you understand from “overdraft”
It is the loan facility on customer current account at a bank permitting him to overdraw up to a certain agreed limit for a agreed period ,interest is payable only on the amount of loan taken up.
• What are NBFC’s?
• Name few famous NBFC’s in India?
• What’s the role of NBFC’s In India?
• How a project is appraised?
• Which organizations regulates NBFC’s
• What are dated securities
• What is NPA?
• What is RR(Repo rate)?
Under repo transaction the borrower places with the lender certain acceptable securities against funds received and agree to reverse this transaction on a predetermined future date at agreed interest cost. Repo rate is also called (repurchase agreement or repurchase option).
