IBPS PO INTERVIEW QUESTIONS FACED BY ONE OF THE CANDIDATES ON 15.01.2013

1. Why do you want to shift from software to Bank Industry?
2. What do you mean by Basket of currencies?

Answer: A currency basket is a portfolio of selected currencies with different weight ages.   A currency basket is commonly used to minimize the risk of currency fluctuations.  An example of a currency basket is the European Currency Unit that was used by the European Community member states as the unit of account before being replaced by the euro. Another example is the special drawing rights of the International Monetary Fund.

3.  Who is the Governor of Tamil Nadu?

4.  Who is the Governor of Andhra Pradesh?

5.   Repo – Effect there of -   (Injection of funds by RBI)

6.   Reverse Repo   (Absorption of Funds by RBI)

7.  If you are posted in a counter (front line in SB or Current account etc) how do you attend the incoming customer.

8. If you are posted in Rajasthan how will you be able to serve there?

      9. We are opening many rural branches under financial inclusion, are you ready to work in rural areas?