#1
June 8th, 2016, 02:12 PM
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Karnataka Vikas Grameena Bank Interview
Hello sir, I am Surjeet. I am from Bangalore. I want you to help me by providing me iwht the interview questions for the preparation of Karnataka Vikas Grameena bank interview. Can you help me?
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#2
June 8th, 2016, 02:27 PM
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Re: Karnataka Vikas Grameena Bank Interview
As you have asked for the interview questions for the preparation of Karnataka Vikas Grameena bank interview, I am giving you information about it, check below for the details What attracts you to a career in banking? What kind of lifestyle do you expect to have in banking? Why have you chosen banking over consulting? Do you know what you’re letting yourself in for? What would you be doing if you weren’t in finance? Do you know about the investment banking lifestyle? Why do you want to join banking sector? What is a Bank? What is a Cheque? What is a Demand Draft? What is KYC? What is Money Laundering ? What are the functions of RBI? What is a Monetary policy? What is Fiscal Policy? Why don’t you have a problem with it? What is a Repo Rate? Ans. Repo Rate is the rate at which RBI lends money to commercial banks. Whenever any bank faces shortage of funds, it can borrow from RBI. Decreasing Repo Rate will help banks avail more money at a cheaper rate. V What is Reverse Repo Rate? Ans. Reverse Repo rate is the rate at which RBI borrows money from banks. RBI uses this tool to drain excess money circulating in the banking system. Banks have absolutely no qualms about lending money to RBI since their money is in safe hands; not to mention a good interest, too. What is LAF ? What is Bank Rate? What is SLR Rate? What is PLR? Ans. The Prime Interest Rate is the interest rate that a bank charges to it’s most financially sound (or high credit worthy) customers. This rate remains basically the same for most banks. |
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