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Showing posts with label Interview: Topper. Show all posts
Showing posts with label Interview: Topper. Show all posts

{Interview} Topper's Experience-Bank: Anonymous

Written By VOICEEE on Monday, December 31, 2012
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Why do you want to enter banking?
Banking is one of the fastest growing sectors in India with more stable and high growth and more over providing wide range of career opportunities for graduates. So I want to take an opportunity to join in a bank.

Have you applied to any other areas apart from banking?
No.

What is the difference between Cheque and Demand Draft?
Both are used for transfer the amount b/w two accounts of same or different Bank. Cheque is written by an individual and withdrawn from the account whereas Demand draft is issued by a bank where you have to pay before issuing.

What are NBFCs and difference between NBFCs and Bank?
Non-bank financial companies (NBFCs) are financial institutions that provide banking services, but do not hold a banking license. NBFCs do offer all sorts of banking services, such as loans and credit facilities, retirement planning, money markets, underwriting, and merger activities. These institutions are not allowed to take deposits from the public.

What is Free Market economy?
A market economy based on supply and demand with little or no government control is said to be free market economy.

What are the functions of Nabard?
National Bank for Agriculture and Rural Development(NABARD) is one of the premiere agency to provide credit in rural areas. It provides credit flow for the development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts.

Is there any specialized company for home finance in India?
National Housing Bank (NHB)

Do you think that you are over qualified for this position?
No, I don’t think so, but I am very well qualified for this position.

2 years down the line if you would be offered 50k or 70k by other organization, Will you leave this organizations? If not why?
Answered

What is National Electronic Fund Transfer system (NEFT)? What is the difference between RTGS and NEFT?
National Electronic Fund Transfer (NEFT) is an online system for transferring funds of Indian financial institution (especially banks). This facility is used mainly to transfer funds below Rs. 1,00,000. The Reserve Bank of India has instructed banks that they should not use RTGS for amounts below Rs 1 lakh.
The key difference between RTGS and NEFT is that while RTGS is on gross settlement basis, NEFT is on net settlement basis. The minimum transaction value for RTGS is Rs. 1,00,000, whereas there is no minimum value for NEFT.

What is Private Banking?
Banking services offered to high net-worth individuals. Private banking institution assists the high net-worth individual in investing his/her money in exchange for commissions and fees. The term "private" refers to the customer service being rendered on a more personal basis.

What is an Investment Bank and Commercial Bank and what is the difference between them?
Investment Bank: A financial institution that deals primarily with raising capital, corporate mergers and acquisitions, and securities trades. It aids companies in acquiring funds.
Commercial Bank: An institution which accepts deposits, makes business loans, and offers related services. Commercial banks also allow for a variety of deposit accounts, such as checking, savings, and time deposit. These institutions are run to make a profit and owned by a group of individuals.
A Commercial bank is commonly referred to as simply a bank. The term ‘Commercial’ is used to distinguish it from an investment bank. The term ‘Commercial’ is used to refer to any banking organization or division that deals with the deposits and loans of business organizations.
Difference: Traditionally, banks either engaged in commercial banking or investment banking. In commercial banking, the institution collects deposits from clients and gives direct loans to businesses and individuals. Through investment banking, an institution generates funds in two different ways. They may draw on public funds through the capital market by selling stock in their company, and they may also seek out venture capital or private equity in exchange for a stake in their company. Examples of Investment Banks: Bank of America, J P Morgan Chase, Citigroup.



{Interview} Topper's Experience-Bank: Alfred & Karun Dhamija

Written By VOICEEE on Sunday, December 30, 2012
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Name: Alfred
Graduation: Civil Engineering
Interview Experience: Corporation Bank PO
Date: 28-06-10

  • Tell me something about yourself apart from the details given in the Bio-Data?
  • Why do you want to join bank?
  • What is Banking? How is it different from Saving Bank of Post Office?
  • Difference between Karnataka and Jharkhand Economy? (as I am from Jharkhand)
  • Today’s Headlines?
  • Similarity between USA and India in-terms of Economy?
  • How many bank exams have you appeared for?
  • Do you know the costing of Civil Engineering?
  • What are your hobbies?
  • What is NEFT?
  • What is the difference between million and a billion?
  • What is the buzzing word of India’s economy?
  • What action is the RBI taking? What is the final impact on the Economy?

Name: Karun Dhamija
Graduation: Chemical Engineering
Interview Experience: Corporation Bank PO

  • You have done Chemical Engg and worked in RIL, then why do you want to join a bank?
  • What do you know about Corporation Bank?
  • What are the functions of RBI?
  • Do you have any account in any bank?
  • Which type of account and what is the interest rate payable on it?
  • What is the difference between Savings account and Current Account?
  • What are your strengths and weaknesses?
  • What is a debit card and what all can be done with it?
  • What is your family background?
  • Are you willing to work anywhere in India?


Name: Karun Dhamija
Graduation: Chemical Engineering
Interview Experience: Allahabad Bank PO 

  • Tell me something about yourself?
  • Why do you want to join a bank as you are a chemical engineer and worked in 2 good companies?
  • If in a rural branch in which you are posted, someone asks you for loan or money on gunpoint what will you do?
  • What is a Bank?
  • What are various activities and functions in a bank?
  • What is Distillation?
  • What is Coal Tar?
  • Your Hobby is reading Bhagavad gita. What do you read in it?
  • Cite some slokas from Bhagvad Gita?
  • How can you say that banking sector is fast growing?




{Interview} Topper's Experience-Bank: Akash


Name: Akash
Graduation: B-tech in Computer Science in 2008.
Interview Experience: Central Bank of India

Why banking?
I am interested in banking and my father is also a banker.

In which bank your father will work?
He works in State bank of India as a clerk in Hyderabad.

If you are interested in Banking, then why you have done B-tech? and what you have done after the completion of your graduation?
Actually I had a plan to do MBA after my graduation, but due to financial problems I can’t do it, so i postponed to do my MBA until I get a job. In the mean time I have been preparing for banks.

How many banks have you appeared so far?
So far I have written five exams in that I cleared two exams one is this bank & another is Canara Bank and I didn’t cleared the interview round in Canara Bank.

What do you think the reason behind for not clearing the interview round (Canara Bank)?
I didn’t prepare well at that time.

Where is the Headquarters of this bank?
Mumbai.

What is recession? What is the cause for the present recession?
It can be defined as if country’s GDP growth is negative for two or more consecutive years and the main cause for the present recession is Sub-Prime crisis where it started in US.

What is Sub-prime crisis?
The current Subprime crisis is due to sub-prime lending. These are the loans given to the people having low credit rating.

Why India is affected? Which sectors are affected?
Bcoz many of the Indian companies have major outsourcing deal from the US and moreover India is one of the largest exporter to US. Almost all sectors are affected majorly Industrial, Real estate and IT sectors.

Why Indian Banks are much not affected?
Why bcoz RBI has adjusted some key rates like CRR, Repo rate, bank rate (that in turn decreases interest rates that in turn increase money supply and that in turn increase Investment) and also Indian’s bank are less interested in giving sub-prime loans.

What is CRR?
It is defined as the Cash Reserve Ration. It is the amount of funds that the banks have to keep with RBI.

How much amount that banks have to keep with RBI?
Five percent of the total amount.

What is Social Banking?
It is a banking process that caters specially to the development needs of the poor in sharp contrast with conventional commercial banking, which has marginalized the poor.

What is Federal Reserve?
It is the Central Bank of US like what we have RBI in our country.

Where you will be in five years from now if you are selected?
In the same bank with one or two promotions.

{Interview} Topper's Experience-Bank: Madhav Joshi


Interview Experiences of Mr. Madhav Joshi:
Please find below my interview experience at Union Bank of India. I hope it will help bank PO aspirants in some ways.
My Education: BE + MBA
Present Job: Currently working as a PO in an SBI sponsored RRB.
Interview location: Mumbai
First thing to be noted is that UBI people were in haste to wind up all interviews. Most of the interviews held before mine hardly lasted for more than 5 minutes. In few cases, they merely asked candidates 'tell me about yourself' and after getting answer, replied, "OK you may go now."
My turn was at 12 pm and I reached the venue at 11:20 am. Document verification process went on for few minutes and my turn came around 12:15 pm.
I entered the room, there were three members. (1 of them was an IAS officer, as per other candidates)

{Interview} Topper's Experience-Bank: Himanshu Kumar


Name- Himanshu Kumar
Qualification- MBA-IB from Amity University, Noida
IBPS CWE Score- 173
Category- General
Total Interviews- Union Bank, SBI Associate, Syndicate Bank, Bank of India, Allahabad Bank, UCO Bank
Final Selection- State Bank of Mysore (SBI Associate)
Strategy for Learning- I have started preparation for Bank PO with my friend. We both studied together as i think Group Study is best. This came fruitful as my friend selected already as PO in Bank of Baroda in Zonal Office, New Delhi. We have focused each subject individually. I was weak in English and GK was nightmare for her. We help each other and now we both are PO in Public Sector banks. We have used “Economic Times” and “Pratiyogita Darpan” for GK and “Objective General English, by R S Aggarwal” for English.
We have used “Economic Times” and “Pratiyogita Darpan” for GK and “Objective General English, by R S Aggarwal” for English. I would also used to say that PRACTICE 1 SET of PO daily is very necessary.
*********************************************

{Interview} Topper-CSE: Mr. Karthikeyan (IRS, AIR 361, CSE 2008)

Written By VOICEEE on Saturday, December 22, 2012
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Name: Mr. Karthikeyan IRS

Qualification: MBBS
Hobbies: Reading Magazine, Blogging
Optionals: Geography, Psychology
Board: Smt. Shashi Uben Tripathi
Total Mark: 1197
Interview Mark: 198
Rank: 361 (2008), 127(2007) allotted to IFS in 2007 did not joined 

I was the last candidate for the morning session and was called in around 1pm. I wished the members ‘good afternoon’ and they wished me back, then I was asked to sit down by the chairperson.

CHAIR PERSON: Dr. Karthikeyan, what are you doing now?
Me: Ma’m now I am working as a duty doctors in a private hospital in Chennai.

CP: What kind of hospital it is?
Me: Ma’m it’s a multi-specialty hospital and they concentrate in OG and pediatrics.

CP: When did you work as a tutor?
Me: Ma’m, I was working as a tutor in pharmacology in manakula vinayakagar medical college, pondicherry last year.

M1: Your hobbies are reading magazine and blogging right?
Me: Yes, sir

M1: I suppose you read newspapers too.
Me: Yes sir, I do read newspapers.

M1: What newspapers you read?
Me: Sir, I read The Hindu, Economics Times and at times Indian Express and Times of India too.

M1: ok. Hindu, Times of India etc. Who is the editor of hindu?
Me: Mr. Ram, sir.

M1: Hindu has become famous in south India in recent times but it was not the case 30 years before ago, why?           
Me: (I started to answer but he interrupted me and said that it was not due to standard of news reporting as it was almost the same in all English papers of that times but still only a elite few were reading hindu at that time)

Me: Sir, has always been in a higher standard of English compared to newspapers like Indian Express. 30 years back, only few people had such high standard of English and were able to comprehend fully. Whereas the other newspapers like Indian Express use simple English and people find them easier to read, but now since the literacy levels have gone up and people’s command over English being high especially in urban areas, the readership of hindu risen.

M1: (nodded his head) ok, what are the magazines of hindu?
Me: Sir, The Frontline and a sports magazine called Sports Star.
M2: You are a doctor, right?
Me: Yes, sir.

M2: Why do you medicos come into civil services, I think you can be better of as a Doctor than coming into civil services. Any way, its just a suggestion and you have anyway chosen to be a civil servant. So you need not explain it. Now explain me anti Brahmin movements in Tamilnadu?
Me: Sorry sir, it was not a movement against Brahmin but Brahmanism. E.V. Ramasamy otherwise called the Periyar headed the anti Brahmanism movement and it was directed against caste oppression, superstitious beliefs and rituals and anti women practices. So it was directed against such customs and not against individuals. It has led to the upliftment of lower castes as such.

M2: is the movement still there in Tamilnadu?
Me: Yes sir, his organization still continues under the name “Dravidar kazhagam” headed by Mr. Veeramani.

M3: Is it truly ethical for a doctor to come into civil service especially in a country like India where the doctor population ratio is quite less compared to developed countries?
Me: I won’t let my medicine knowledge to go for a waste and would make sure I use it wherever applicable and moreover (he interrupted at this point and asked can you do more to the society as a administrator? Is it still ethical?)

Me: Sir, wherever it is ethical depends on the individual as an administrator I will be able to address the multi faceted problems of the downtrodden rather than focusing on health alone as a doctor. I want to widen my reach too and I assure you that I would contribute to my society more as an administrator to the fullest of my abilities.

M3: ok, how will you address those problems if you don’t become an IAS and suppose you become an IPS officers? (I had not given any preference to IPS, and initially I thought of telling him that, but later chose to give him an answer)

Me: The problem with downtrodden and low class people is that they have in inherent fear to approach the government being it any departments, this arises due to their low level of literacy and ignorance about their rights and benefits extended to them by the government as an IPS officers, I would make sure the administration, that is the police, under me becomes truly people friendly and make people comfortable in approaching my department. Moreover I will make sure that nobody is victimized based on their low privilege status in society.

M3: Ok, you said something about class, is it possible to root out Varnashram system from our society?
Me: ( I couldn’t get his pronunciation, and so I asked him to pronounce it again) he then asked, What is Varnashram again (now I got it) sir, it is system of division of the society into four major classes.

M3: Do you think it is possible to make a class less society?
Me: It is quite difficult, bit we have to strive for it

M3: Ok, you mentioned about multi faceted problems? What are they?
Me: Sir, there are many and the important ones among them are illiteracy, poverty, under nourishment, political under empowerment, low awareness, fear….

M3: Ok. fear, awareness about what?
Me: sir, fear to approach the government and claim their rights, they are basically unaware of the various government programs and benefits extended to them.
(I realised that this member was putting me under stress, so I tried to remain cool)

M4: Dr. Who is the first president of India?
Me: Sir, Mr. Rajendra Prasad.

M4: How is the president elected?
Me: Sir, he is elected by an electoral college comprising of the elected members of the parliament, both Lok Sabha and Rajya Sabha and the elected members of the state legislative assemblies of the state.

M4: Then how is vice-president elected?
Me: Sir, he is elected by an electoral college comprising of the members of the pariliament only.

M4: What is the other difference between the two elections?
Me: Sir, in president election only the elected members votes whereas in the vice president’s election both elected and nominated members vote.

M4: Do you know about bicameral legislature?
Me: Yes sir, its present in few states where doth legislative assembly and legislative council exist.

M4: How many states have it?
Me: Sir, I am not sure, can I make guess?

M4: Yeah, tell me
Me: I think it is six states
M4: Yes, right. What are the states?
Me: Sir, it is in Uttar Pradesh, Bihar and others I don’t know sir.
And again M3 took over.

M3: Why did you teach pharmocology instead of practising as a doctor in that medical college?
Me: Sir, I liked pharmocology a lot even during my college days and I also like teaching thats why I took up the job of a tutor.

M3: But don’t you think a doctor teaching pharmocology is actully wasting his medical talent in an area which can be handled by teachers from non medical background like those from Msc well?
Me: I would like to differ from you sir. A doctor with a practtical knowledge of using nedicines to treat patients will be in a more favourable position to teach the practical aspects of pharmacology in a more detailed manner than a non-medical teacher, that’s why even the medical ouncil of India has made it mandatory for the heads of the departments in a medical college to be from medical background only?

M3: But all pharmacy colleges are run with non medical heads very efficiently
Me: Pharmacy colleges generally teach only the theoritical aspects of pharmacy, whereas in a medical college there is a need to teach the practical aspects as well, that’s why I think doctors are needed there sir.
Then M4 interrupted.

M4: Did the management force you to take up tutor job?
Me: No sir, its actually the reverse they wanted me to work in the clinial side and I had to convince them to give me the tutor job.
Atlast the chairperson again took over.

CP: (looking through my bio-data) I think you are alloted a service last year. Ok first what are your preference last year?
Me: Ma’m, last year my first preference was IAS and I couldn’t get it to my rank, my second one was IPS and I was rejected on medical grounds and so I was allotted IFS.

CP: On what medical reason?
Me: Ma’m they rejected me on the account of flat feet.

CP: ok. Why din’t you take IFS?
Me: Ma’m, IAS has always been my dream job, though I like IFS too for the kind of job profile it offers, I interestingly felt that my heart always lies with IAS. I always wanted to be a part of the job system which has direct impact on the everyday life of a common man, moreover (she interrupted saying its ok and put the next question)

CP: As a bureaucrat how will you maintain neutrality in your work?
Me: Ma’m, as a bureaucrat I will make sure that I take decision after comprehensively analysing the problem with the rational mindset and also make sure that such decision are not altered due to external pressure in short my decision will be based on rationality and justice and will be unbiased.

CP: What you specifically mean by political neutrality?
Me: Ma’m, for me political neutrallity means working on behalf of the government and not on behalf of any political party, its about working in the interest of people alone.

Then she said good luck. And thus my interview ended.
(Overall the board was very cordial, around 20 to 25 minutes, since I was the last canditate to be interviewed in that session, it couldn’t have lasted longer)   

{Interview} Topper-CSE: Miss. R. Lalitha (IAS, AIR 12, CSE 2008)

Rank: 12 (CSE 2008)
Name : Miss. R. Lalitha IAS
Qualification : BE Civil Engg. 
Board: SHRI. K.K PAUL
Hobbies : Reading books, Badminton
Optional Subject : 
  1. History
  2. Public Admin

CHAIRMAN: What is your name and roll number?

Me: I answered.


CHAIRMAN: So, you were working for 2 years with Airports Authority of India. What was your job profile and duties?

Me: I was Junior Executive (Engg.- Civil). I was posted as officer on special duty to General Manager (Southern Region) and was responsible for preparing the weekly progress report to be sent to Central Head Quarter, Delhi. I was also responsible for the monitoring and compilation of expenditures in southern region.


CHAIRMAN: What is your opinion on the allegation that PSU’s are a burden on the exchequer? How far do you support the privitisation of PSU’s?

Me: Sir, I am not in favour of irrational privitisation. First, we have to look at the reason why any organisation is not performing. Then only we can decide what steps have to be taken. PSU’s have been the backbone of development in past. In the era of liberalisation they have been instrumental in avoiding cartel formation by private companies and ensuring aim of social welfare.


CHAIRMAN: What is the difference between ‘Tender’ and ‘Quotation’?

Me: Tenders are openly published where any company fulfilling the basic qualification can compete whereas in quotation the oragnisation selects a few companies based on various criteria and asks the rates of the work.


CHAIRMAN: Your hobby is reading books. What types of books do you read and what is the last book you read?

Me: I read fiction novels. The last book i read was Anita Desai’s “In Custody” which focused on the story of perusal of an young professor to interview his favourite old Urdu poet.


CHAIRMAN: What is the relation between Kiran Desai and Anita Desai?

Me: Kiran Desai is Anita Desai’s daughter.


CHAIRMAN: So daughter has accomplished more than mother?

Me: Kiran Desai has won Booker prize but Anita Desai has also accomplished a lot. Though she has not won booker prize but she was shortlisted 3 times. In addition she has won Sahitya academy award and various other awards. Moreover, i found her books to be too much rooted in Indian scenarios especially women issues and their pathetic condition which make her my favourite.


MEMBER 1: Where all you have done your schooling?

Me: Sir, I have done my schooling all over India. I’ve studied in J&K, Assam, Nagaland, Delhi, Pune and Trichy.


MEMBER 1: It seems you have travelled a lot! What is the difference between the present problem in Nagaland and Kashmir?

Me: The problem in Nagaland is basically ethenic where the tribes don’t like being rules by others and that’s why they demand a greater Nagaland. Whereas in Kashmir the problem is largely on religious lines and fostered entirely by foreign forces.


MEMBER 3 (Lady): What is your favourite area in public administration and why?

Me: My favourite area is welfare administration where we study the effective implementation of any scheme. It shows the change in the mindsets of govt. which has changed from direct disbursement of needs to make the people skilled to fulfill their needs.


MEMBER 3 (Lady): You are giving a heavily loaded statement! Can you justify?

Me: Madam, for example if we take the problem of unemployment and poverty earlier we used to simply supply money to unemployed and food. Now in addition to traditional steps we mainly concentrate on skill development through centres like DIC, encourage them to form SHG’s and make entrepreneurs’.

MEMBER 3 (Lady): You seem to be too much interested in solving the problem from grass root level.. that’s good! For further knowledge on North East you can read the Vision document 2020.


MEMBER 4: What are Ecologically Sustainable buildings?

Me: Ecologically Sustainable buildings are the buildings which use less material, consume less water, use energy efficiently, produce less waste and provide a healthy environment for its occupants. In such buildings recycled materials are used for construction, energy is minimised by techniques like increasing the window area, using grey water for gardens and indoor air quality is improved by using green plants etc.


MEMBER 4: Are such buildings capable of withstanding emergencies such as earthquake or tsunami?

Me: Sir, these buildings are not constructed differently but only natural aspects are incorporated more. These building are structurally strong and special provisions of earthquake resistance can be ensured by structural design or methods like base isolation. These buildings are strong but in addition are also healthy and sustainable.


MEMBER 4: How is a Runway different from Highway?

Me: Runway is a high class runway. An aircraft can land even on a mud road but a smooth ride requires a smooth landing strip and that’s what a runway provides. A runway is a highway with high strength and standards.


MEMBER 4: How is the corruption scenario in AAI and what mechanisms are there to control it?

Me: Sir, corruption level in AAI is very low. The organisation has a sound vigilance mechanism in place. The department has a strong vigilance department in addition to regular internal and external audits and in extreme cases CVC do step in.


Observations:
Most of the questions are asked from bio-data or leads to the questions are taken from the bio-data. Members generally have the summary sheet and chairman has the full application form. Boards are very cordial and try to make the candidate speak and express himself/herself. Attending mock interviews is essential to gain confidence.


The Hindu Article: Click here.

 
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