IBPS CWE PO/MT V (2015-16)

Basel 3 Explanation (May need some correction)

After the 2008 recession! In Jan 2010 The Basel Committee for Banking Supervision (BCBS) met again to discuss and make some changes to the preceding Basel 2 Norms

The Report came out in Dec 2010, the norms were very much similar to Basel 2 but with some differences

Basel 3 norms

3 risk - Credit, Market, Operational

3 Pillars - Minimum Capital Requirement, Supervisory Review and Market Transparency 

CAR >= 8% (9% in case of India)

CAR = Total Capital/Total Risk Weighted Assets

Total Capital = Tier One (Equity) + Tier Two (Debt)

Now here is the difference from Basel 2, Tier 1 must be 7% or more of the total capital and tier 2 must be 5.5% or more

The deadline for the world is 31st march, 2018 but for India its 31st March, 2016

Inorder to implement Basel 3 norms, Indian Banks needs 2.41 lakh as and govt has contributed 14,200 crore rupees for implementing Basel 3

Incase someone finds a mistake here please feel free to correct me, i guess there are quite a few 

INTERVIEW experience

Venue: TIRUPATI SV commerce college

time: 8:30am

my interview reporting timing 8:30 but i reached the venue very very early(7'o clock, becoz of 1st inetrview excitement and i didn't see that venue), i entered the premises but no one is there but 1 attender came at that time, he arranging chairs for the 24 candidates in my panel. after some time all candidates are coming one by one, and report verification started at 8:30 am, they check obc caste certificate of all the candidates after that they called for the biometric verification( i mistakenly done the left thumb impression with ink on my call letter, the he said that u have to done thumb impression after biometric verification).any way i done my verification and my number is 15th in that panel,

my interview started at 1:10pm

board members ( 2M 2F)

i asked the permission and get into the interview room confidently( with hesitation and tension  inside)

i wish the all members, but they didn't respond well due to lunch time i think

M1: are u from

me:obc caategory sir ( he is shocked for a while)

M1: I'M ASKING Place

me: i tod my native place he ask some questions on that

M1: what is banking?

me: started with bank is a financial institution and he stopped me, 

M1: why all people started like that?

me: i said sorry and  told it circulating capital from surplus sectors of the economy to the deficit sectors of economy

M1: what are the different types of banks?

me: answered

M1:what are the different types of commercial banks?

me:answered

M1: what is the difference b/w scheduled and non scheduled bank?

me: sorry sir, i think its under rbi regulation act 1949 bla bla......not satisfied

M1: why u prefer ECGC, EXIM? what are the functions? are these different from banks?

me: answered.

M1: what is ur father?

me: he is a weaver.

M1: what is the process we called  it as  silk coming from mulbery?

me: sorry sir i dont know( he said sericulture) and M1 asking 2 more questions from my fathers profession

M2: what is EMI ?

me: Equated Monthly Installment

M2: how do u calculate EMI?

me: not answered

M2:what is mortgage?

me: answered

F1:how do u connet laptop?

me: through modem ( but she said NIC network interface card)

F1: what is CBS ?

me: answered?

F1: what is CTS ?

ME ANSWERED

F2: what is the capital of andhra pradesh? and ur MP and speciality of ur place etc.?

me: answered.

M1:capital of chattisgarh?

me: i said ranchi confidently but it is raypur, but the interviewer didnt tell UR WRONG, they just listen what i said.

M1: ok beta , u can go now.

me: wish once again and leave the room

INTERVIEW goes around 15 to 20mins.

overall interview went very well. ALL THE BEST to my all friends.



Hi everyone...this is my interview experience ...this is the 3rd interview experience...first time SBI ,second ibps 2014 ,and now ibps 2015....I can say I am quite experienced now at least in attending interviews which is not a desirable experience....so cutting to the chase ...interview center-syndicate bank training center ,Bangalore...date -jan 19 ,time- morning 8 30...I am b tech in e and c engg

Questions

1.why banking? 

2.what are your strengths and weaknesses?

3.what is black market?

4.and some personal questions related to  family background ,hobbies, role model 

5 my answers criticised by panelisists 

All went on for 20 mins ...finally they said that they liked me and also said my conversation with them was enjoyable for them and told me that I can become a banker depending on my performance in online exam ,courtesy of marks given by them(panelist), and will of god....

There's a little difference in my mother's name as written on 10th marksheet and on my graduation crtfct....will that cause any problen...plz reply asap...

SC category attempts?

  • 120- above
  • 100-110
  • 110-120
  • 60-80
  • 80-100

0 voters

We buy gold bond by cash or by depositing gold.?

We buy gold bond by cash or by depositing gold.?

guys  i scored 80.7 in graduation but gave 80.8 in the application form, is there any problem for interview?

i dnt have passing certificate of class 12

will it create any prob???

for those who applied for railways....others ignore...we want to reach more ppl..hence posted here.

GUYS WE WANT TO CHECK HOW MANY PPL APPLIED FOR WHICH RRB HENCE....PLEASE POST

UR LAST 7 DIGIT OF ROLL-NO+

THE RRB U APPLIED

. THANKS.............

I have Provisional Degree Certificate issued by the university. Is it enough or all sem marks cards are also required? (Please don't get annoyed if this question is answered in this forum n times in past)

INTERVIEW QUESTION: Instead of trying this job, as an engineer why dont u intiate start ups which is encouraged by the government?

please post your replies

for those whose first preference is ECGC prepare about it. my first preference is ECGC they asked question related to it, check this it might be useful

http://ibps2020.blogspot.in/2016/01/export-credit-guarantee-corporation-of.html

how electrical engineering helpfull to bank ? what culd be diplomatic answer

can any one explain basel III and diff bw basel II and basel III

Please explain friends difference between financial inclusion and financial deepening?

synd manipal admit card out


http://ibps.sifyitest.com/syndcjan15/cloea_jan16/login.php?appid=fb682640ddf10397e2ba5e0cccbb1c58

GK Update - Accessible India Campaign

Dear Readers,

The Accessible India Campaign was recently in the news and could be important for your exams.

Prime Minister Narendra Modi launched the Sugamya Bharat Abhiyan on December 3, 2015, on the occasion of International Day of Persons with Disabilities. The scheme aims to create a barrier-free environment so that Persons with Disabilities (PwDs) can gain access to government buildings, public transport, airports, railway stations, emergency services, etc with greater ease.

Background

· The Department of Empowerment of Persons with Disabilities (DEPwD), Ministry of Social Justice and Empowerment, launched this nationwide flagship campaign.

· It works towards helping PwDs live independently, have equal opportunities, and be productive citizens of an inclusive society.

Key Features

· The Government of India has launched this campaign with abovementioned aims to ensure holistic growth and development of PwDs.

· A multi-dimensional plan will be adopted for this campaign comprising the following key components: (i) mass awareness (ii) leadership endorsements of the movement (iii) interventions in the form of a legal framework and ample resource generation (iv) workshops for capacity-building and (v) leverage corporate initiatives in a Public-Private Partnership.

· The programme will target three domains for achieving universal accessibility - built environment, transportation and information and communication ecosystem.

· To achieve the set goals within the defined timelines and improve awareness, the campaign will use IT and social media tools.

· The Department has asked state governments to pick 50-100 public buildings in premier cities and identify public websites that are citizen-centric.

· Organisations with the requisite expertise will then conduct "Access Audit" of the selected buildings and websites. Facilities like retrofitted ramps, disabled-friendly lifts, toilets as well as Braille symbols and auditory signals would be made available in these buildings.

· As per the audit results, various tasks will be undertaken by different government departments. This will be aided by the Scheme of Implementation of Persons with Disabilities Act (SIPDA), the umbrella programme run by the DEPwD to implement initiatives for the socio-economic empowerment of PwDs.

· This will be supported by the Scheme of Implementation of Persons with Disabilities Act (SIPDA), an umbrella scheme run by the Department of Empowerment of Persons with Disabilities (DEPwD) for implementing various initiatives for social and economic empowerment of PwDs.

Goals and Timeline of the Scheme

· To conduct accessibility audit of at least fifty important government buildings and make them fully accessible by July 2016 in 26 cities.

· To make 50% of government buildings in the national Capital and state capitals fully accessible by July 2018.

· To make 25% of public transport vehicles disabled-friendly by mid-2017.

· To conduct accessibility audit of all the international airports and make them full accessible by mid-2016.

· To conduct accessibility audit of all the domestic airports and make them full accessible by March 2018.

· To ensure that 50% of railway stations are made fully accessible by March 2018.

· To make 25% of government-owned public transports fully accessible carriers by March 2018.

· To train and develop 200 additional sign language interpreters by March 2018.

· To develop and adopt national standards on sign language interpretation and captioning in consultation with national media bodies by July 2016.

· To ensure that by March 2018, 25% of television programmes aired by government channels meet these standards.

· A new special university will also be set up for PwDs with a budget of Rs.1700 crore. It will begin functioning in the next academic year.

· To develop a mobile application in English, Hindi and all regional languages to enable PwDs locate nearby accessible places across India.

These are some major points on Accessible India Campaign. If you can understand these well, you can easily attempt questions pertaining to it.

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panel -3, UCO bank, Ashok nagar, bhubaneswar

me- may i come in plz

m3 - come in (i wished them)

they offered me the seat. i said  thank u & sat on the chair

m3 - introduce ur self

me - introduced

m1 - explain digital india & make in india

me - answered in short.. (3-4 lines on each subject)

m1 - what is clean india policy

me - siad about swach bharat (she smiled at my answer..seemed satisfied)

m2 - what is ur view on micro industries

me - answered..( i'm not satisfied with my answer but he smiled and said ok)

m2 - another question regarding corporate sector..

me - answered ...but my answer was not pin pointed..( still he smiled & his expression was very satisfactory )

m5 - what is ur view on pathankot terrorist attack ( my hobby was watching debate & discussion )

me - explained everything

m5 - whether  lawmaker ( mla & mps ) required any educational qualification or not ?

me - explained ..& said it depends on the personal strength . if someone has the strength he needn't require any educational certificate . give example of  modi..

m4 - what is saving

me- explained

m4 - what will happen if there will be no bank ?

me - explained 

m5 - why people are keeping there money with bank ?

me - said

m5 - (situation based question) if u r posted in a rural area & people fight with u to give them loan without any proper documentation.

me - i will explain them regarding the protocols (explained rules) 

m5 - if they  fight with u

me - smiled & said ..in that case i will call the police ..

they said thank u .. u can go now

#OffTopic #Delhi - Anybody knows if I can get bus/auto/taxi from Huda/Iffco Metro stations morning at 7 am. I have my exam center at Bilaspur Chowk, NH-8. Thank You