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June 22nd, 2016, 03:58 PM
Super Moderator
 
Join Date: Mar 2012
Re: Bank of Maharashtra PO Recruitment Interview

As you asking here I am providing some Interview question with their answer for practices of Bank of Maharashtra PO Recruitment Interview session,


Why you want to enter in Banking industry
Because this industry is growing steadily and there would be no limit to my career growth. Further I need stability in my career.

Why are you not working anywhere from past 6 months ?
As competition in banking exams in fierce, I was preparing for bank exams and a job could distract me from my mission. I concentrated on bank exams preparations only.

Can you shift to another city ?
Yes, this job means a lot to me. I can move anywhere.

Why you left your previous job ?
I can see a better and properous career in banking industry.

Why don't you join your father's business ?
He is not making much money so he ordered me to do a job.

Must read - 50 Most Popular bank interview questions

What is CRR
Cash Reserve Ratio is percentage of customer's deposits with commercial banks that they need to deposit with RBI. Right now it's 4%.

==>> Must read - Tools in hands of RBI

What is SLR
Statutary Liquidity Ratio is the percentage of liabilities and time deposits that commercial banks need to keep with them in form of Cash, Gold or Government approved securities. Right now SLR is 22%

What is Bank rate
Rate at which RBI lends money to commercial banks without any security.

What are open market operations
Buying and selling of government securities and bonds in open market by Government to maintain desired liquidity levels.


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