Banking Interview Questions -7
• Whats the difference between RTGS and NEFT
• What are the possibilities of a public sector bank to compete with private sector banks.
• Define Prime Lending Rate
It is the rate at which commercial banks give loan to its prime customers.
• What is the understanding on RTI act?
• How intangible assets are entered in balance sheet?
• name 5 private sector insurance companies
• what is parallel economy
• Define sub-prime crisis
• What is currency of Russia?
• What is the difference between bearer and ordered cheque
• What are intangible net worth
• What is your understanding on financial Inclusion.
• What is your understanding on capital markets
• What are the different accounts in banks and/or other financial institutions.
o Deposit account
Checking accounts or current account
Savings accounts
Money market deposit account:
Time deposit
o Personal account
o Sweep account
o Transactional account or demand accounts or demand deposit accounts