Interview Experience:
Venue: BOM, Fort, Mumbai
Date: 23-01-2016
Time: 8:30
Background : Worked as
clerk in Electronic Data Processing for 19 Months. Currently working as
Assistant In Market Surveillance Division, CO, RBI. Given Three PO Interview (
IBPS PO III- Failed in Interview, IBPS PO IV- Even not in waiting List, SBI PO 2015- Not selected low marks in GD)
( 4 Panel Members 3 Male M1,M2,M3 and 1 female F1)
M2: Hello Kaustubh, Have a sit. Introduce yourself.
Me: Told about Education and Work Exp.
M3 (He Knows My Boss DGM in RBI): In which dept. you are working and who is your CGM?
Me: Told
then M3 asked about my previous DGM and where is he whether he is promoted or not etc.
Me: Told Everything
M3: Why you want to join ECGS from RBI
Me: Told about only one type of working up to next promotion and very slow promotion chances etc.(m3 looks satisfied)
M3: what are the functions of ecgc?
Me: Told some 2-3 functions
M1: What you know about bank? means what is banking not central banking
Me: Told
M1: What are the types of deposits?
Me: Told
M1: What are the types of advances ?
Me: Told
M1/M2: Which vehicle comes under Priority Sector Lending? Car bus, trcuk,..ect
Me: I am not sure.. Some.Vehicle loans come under Retail Loans
M1: okay. so tell me about TD and VRD
Me: Told about period min investment. and interest obtained etc.I told in RD There is no TDS .
M1: No there is TDS in RD as well .You say there is Quarterly Interest paid in TD ? What about 7 days TD/
Me: i told it is 7 days only and smiled ( M1 also smiled and say its 7 days only)
M3: Okay kaustubh you are looking after FPI Investment in Debt so tell me about current FPI Investment in Debt?
me: Told about current utilization and then about trends in g-sec etc.
M3 sir has lot of market knowledge . he knows about FPI and all that.
M3: Do You know about last FII auction held at 4 th January when new limits opened in G-Sec. There was bids of about 14000 cr. and auctioned 7300 crore ..Still they have utilized only 4000 crore what is reason behind that?
Me: I told about china crisis and world economic growth and oil prices as some reasons
M3: You say that our economy is stable ? how our iip is reduced from 9% to 3.5 % in just 6 months
Me: Yes sir. but for that Our govt. is taking efforts and launched many schemes like make in india startup india etc. and investment of fpi depends on market sentiments they are worried about economic situations in world may affect India . but our governor said it is only for some period this effect will remain. soon investors come to india for investment etc.
M3: rupee is also depreciating ? why RBI is not looking after that.. previously saw in 2013 . RBI is very active for the same /
Me: sir we have major imports of oil. as oil prices are decreasing and currently at the level where it is at 12years low price so we still are in profit from 1 USD_INR 68. and may be RBi si looking for some better opportunity to intervene in market.
M3: so do you feel rupee may go to 70 ?
Me: Yes sir there might be chances as oil prices will decrease investors again fear and will sell the investment in India and suddenly demand of doller will increase ..
F1 M1 M3 loom satisfied //
M3: okay kaustubh all the best:
Me: Thanks sir.
End of the Interview
don't know how was it
but at least that disaster of 1st April 2014 should not repeat when IBPS say ( when i log in to check allotment )
"Thanks for applying. We re-grate to convey you that you have not got minimum qualified marks in Interview 40 for General."
P.S: Sorry for long post