Wednesday, February 16, 2011

Interview Qts - Bank/BPO - 7

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