IBPS PO IV (2014-2015) Written Exam Results Out

Some important protocols to be followed:-

First of all, the candidate must wish the members of the interview board. The candidate must be polite while answering the questions. The candidate must make sure that his answers or, his way of answering does not offend the board members. The introductory question which is most obviously asked to all the candidates should be answered in the best way possible by the candidate. The reason being, this creates the first impression of the candidate.

The candidates are hence advised to answer promptly and politely. They must also be clear in their approach and show excellent communication skills while they answer the questions of the board members. They must answer the questions of the interview board with confidence and a positive body language. Then only, then can easily crack this bank PO personal interview section.

Types of questions in Bank PO Personal Interview

§ The first question asked is usually relating to the introduction of the candidate. The candidate must make his/her introduction briefly and in such a manner that he/she is able to reflect his/her academic background effectively.

§ Questions projected may be from the general awareness section, they may be such as to judge the prudence and test the IQ of the person. The candidates must have a grip on the current issues.

§ The questions may also be related to the personal life of the personal. Questions may be related to the strengths and weaknesses of the person.

§ If you had some experience of any job or, in some project work; the questions may be related to that area too.

§ Questions to test the intelligence of the candidate are most likely to be asked from the banking sector, its development and its impact on the economy.

§ The candidate may be asked to express to express his viewpoint on some of the policies of the RBI, for example.

§ The Interviewer can also ask to you about the guidelines of the bank for whose selection procedure he/ she has applied for.

§ Interviewer can ask you the topic on which is not at all related to the banking sector but is of national importance or any important topic related to country or worldwide.

§ Situation based questions may also be framed to test the practicality of the candidate.

About Bank PO Interview

In general, 10-15 questions are asked in the bank PO personal interview. There may be around 10-15 questions asked during the whole process. Apart from asking the questions, the interview board also monitors the body language and the confidence level of the candidate.

Preparation Tips

There is no fixed rule as far as the preparation for questions the personal interview is concerned. The type and the nature of the questions to be asked cannot be predicted in any way. For the purpose of preparation, candidates however must be aware about the happenings in the banking sectors specifically. The candidate must be thorough with the definitions of the basic terms like repo rate, reverse repo rate because it is directly connect to the banking sector. They must also be aware of the policies and history of RBI, functions generated by RBI to country, profile, statistics related to the bank to which they have applied. Apart from this, the candidates must be aware of the happenings of the field which is not at all related to the sector; considering that the news is of high importance.

Courtesy :- jobresults

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which documents we have to submit at the time of interview?

is income certificate of parents is needed?

friends BA ka gk capsule karne mein kitna time lagta hai approx ?

mera 14th morning ko exam hai aur ab tak gk ka kuch nahi padha...1 din mein ho jayega ? 

any one taking interview coaching from career quest institute???

Answering 64 Interview Questions:(PART-I)

General Guidelines Everyone is nervous in interviews. If you simply allow yourself to feel nervous, you'll do much better. Remember also that it's difficult for the interviewer as well.

In general, be upbeat, positive. Never be negative.

Rehearse your answers and time them. Never talk for more than two minutes straight.

Don't try to memorize answers word for word. Use the answers shown here as a guide only, and don't be afraid to include your own thoughts and words. To help you remember key concepts, jot down and review a few key words for each answer. Rehearse your answers frequently, and they will come to you naturally in interviews.

As you will read in the accompanying report, the single most important strategy in interviewing, as in all phases of your job search, is what we call, " The Greatest Executive Job Finding Secret." And that is....

Find out what people want, and then show them how you can help them get it.

Find out what an employer wants most in his or her ideal candidate, then show how you meet those qualifications.

In other words, you must match your abilities with the needs of the employer. You must sell what the buyer is buying. To do that, before you know what to emphasize in your answers, you must find out what the buyer is buying ... what he is looking for. And the best way to do that is to ask a few questions yourself. You'll see how to bring this off skillfully as you read the first two questions of this report. But regardless of how you accomplish it, you must remember this strategy above all: before blurting out your qualifications, you must get some idea of what the employer wants most. Once you know what he wants, you can then present your qualifications as the perfect "key" that fits the "lock" of that position.

Other important interview strategies:

Turn weaknesses into strengths. (You'll see how to do this in a few moments.)

Think before you answer. A pause to collect your thoughts is a hallmark of a thoughtful person.

As a daily exercise, practice being more optimistic. For example, just as an exercise in your daily life, try putting a positive spin on events and situations you would normally regard as negative. This is not meant to turn you into a Pollyanna, but to sharpen your selling skills. The best salespeople, as well as the best liked interview candidates, come off as being naturally optimistic, "can do" people. You will dramatically raise your level of attractiveness by daily practicing to be more optimistic.

Be honest ... never lie.

Keep an interview diary. Right after each interview, note what you did right, what could have gone a little better, and what steps you should take next with this contact. Then take those steps. Don't be like the 95% of humanity who say they will follow up on something, but never do. About the 64 Questions

You might feel that the answers to the following questions are "canned," and that they will seldom match up with the exact way you are asked the questions in actual interviews. The questions and answers are designed to be as specific and realistic as possible. But no preparation can anticipate thousands of possible variations on these questions.

What's important is that you thoroughly familiarize yourself with the main strategies behind each answer. And it will be invaluable to you if you commit to memory a few key words that let you instantly call to mind your best answer to the various questions. If you do this, and follow the principles of successful interviewing presented here, you're going to do very well.

Good luck...!

QUESTION #1

Tell me about yourself... TRAPS: Beware--about 80% of all interviews begin with this "innocent" question. Many candidates, unprepared for the question, skewer themselves by rambling, recapping their life story, delving into ancient work history or personal matters.

BEST ANSWER: Start with the present and tell why you are well qualified for the position.

Remember that the key to successful interviewing is to match your qualifications to what the interviewer is looking for. In other words, you must sell what the buyer is buying. This is the single most important strategy in executive job hunting.

So, before you answer this or any question, it's imperative that you try to uncover your interviewer's greatest need, want, problem or goal. To do so, make sure you take these two steps:

(1) Do all the homework you can before the interview to uncover this person's wants and needs (not the generalized needs of the industry or company).

(2) As early as you can in the interview, ask for a more complete description of what the position entails. You might say: "I have a number of accomplishments I'd like to tell you about, but I want to make the best use of our time together and talk directly to your needs. To help me do that, could you tell me more about the most important priorities of this position? All I know is what I (heard from the recruiter ... read in the classified ad, etc.)."

Then, ALWAYS follow-up with a second and possibly third question, to draw out his needs even more. Surprisingly, it's usually this second or third question that unearths what the interviewer is most looking for.

You might ask simply, "And in addition to that..." or, "Is there anything else you see as essential to success in this position?"

This process will not feel easy or natural at first, because it is easier simply to answer questions. But only if you uncover the employer's wants and needs will your answers make the most sense. If you practice asking these key questions before giving your answers, the process will feel more natural and you will be light years ahead of the other job candidates you're competing with.

After uncovering what the employer is looking for, describe why the needs of this job bear striking parallels to tasks you've succeeded at before. Be sure to illustrate with specific examples of your responsibilities and especially your achievements, all of which are geared to present yourself as a perfect match for the needs he has just described.

QUESTION #2 What are your greatest strengths?

TRAPS: This question seems like a softball lob, but be prepared. You don't want to come across as egotistical or arrogant. Neither is this a time to be humble.

BEST ANSWER: You know that your key strategy is to first uncover your interviewer's greatest wants and needs before you answer questions. And from Question #I you know how to do this.

Prior to any interview, you should have a list mentally prepared of your greatest strengths. You should also have a specific example or two, which illustrates each strength, an example chosen from your most recent and most impressive achievements.

You should have this list of your greatest strengths and corresponding examples from your achievements so well committed to memory that you can recite them cold after being shaken awake at 2:30 a.m.

Then, once you uncover your interviewers greatest wants and needs, you can choose those achievements from your list that best match up.

As a general guideline, the 10 most desirable traits that all employers love to see in their executives are:

1) A proven track record as an achiever...especially if your achievements match up with the employer's greatest wants and needs.

2) Intelligence ... management "savvy."

3) Honesty ... integrity ... a decent human being.

4) Good fit with corporate culture...someone to feel comfortable with...a team player who meshes well with interviewer's team.

5) Likeability ... positive attitude ... sense of humor.

6) Good communications skills.

7) Dedication ... willingness to walk the extra mile to achieve excellence.

8) Definiteness of purpose . clear goals.

9) Enthusiasm... high level of motivation.

10) Confident ... healthy.a leader.

QUESTION #3

What are your greatest weaknesses?

TRAPS: Beware this is an "eliminator" question, designed to shorten the candidate list. Any admission of a weakness or fault will earn you an "A" for honesty, but an "F" for the interview.

ANSWER: Disguise strength as a weakness.  

Example: "I sometimes push my people too hard. I like to work with a sense of urgency and everyone is not always on that same wavelength.

" Drawback: This strategy is better than admitting a flaw, but it's so widely used, it is transparent to any experienced interviewer.

BEST ANSWER (and another reason it's so important to get a thorough description of your interviewer's needs before you answer questions): Assure the interviewer that you can think of nothing that would stand in the way of your performing in this position with excellence. Then, quickly review your strongest qualifications.

Example: "Nobody's perfect, but based on what you've told me about this position, I believe I'd make an outstanding match. I know that when I hire people, I look for two things most of all. Do they have the qualifications to do the job well, and the motivation to do it well? Everything in my background shows I have both the qualifications and a strong desire to achieve excellence in whatever I take on. So I can say in all honesty that I see nothing that would cause you even a small concern about my ability or my strong desire to perform this job with excellence."

Alternate strategy: (if you don't yet know enough about the position to talk about such a perfect fit):

Instead of confessing a weakness, describe what you like most and like least, making sure that what you like most matches up with the most important qualification for success in the position, and what you like least is not essential.

Example: Let's say you're applying for a sales position: "If given a choice, I like to spend as much time as possible in front of prospects selling, as opposed to shuffling paperwork back at the office. Of course, I long ago learned the importance of filing paperwork properly and I do it conscientiously. But what I really love to do is sell." (If your interviewer were a sales manager, this would be music to his ears.)

QUESTION #4

Tell me about something you did--or failed to do--that you now feel a little ashamed of.

TRAPS: There are some questions your interviewer has no business asking, and this iS one. But while you may feel like answering, "none of your business, " naturally you can't. Some interviewers ask this question on the chance you may admit to something, but if not, at least they'll see how you think on your feet.

Some unprepared candidates, flustered by this question, unburden themselves of guilt from their personal life or career, perhaps expressing regrets regarding a parent, spouse, child, etc. All such answers can be disastrous.

BEST ANSWER: As with faults and weaknesses, never confess a regret. But don't seem as if you're stonewalling either. Best strategy: Say you harbor no regrets, then add a principle or habit you practice regularly for healthy human relations.

Example: Pause for reflection, as if the question never occurred to you. Then say, "You know, I really can't think of anything." (Pause again, then add): "I would add that as a general management principle, I've found that the best way to avoid regrets is to avoid causing them in the first place. I practice one habit that helps me, a great deal in this regard. At the end of each day, I mentally review the day's events and conversations to take a second look at the people and developments I'm involved with and do a double check of what they're likely to be feeling. Sometimes I'll see things that do need more follow-up, whether a pat on the back, or maybe a five-minute chat in someone's office to make sure we're clear on things ... whatever.

"I also like to make each person feel like a member of an elite team, like the Boston Celtics or LA Lakers in their prime. I've found that if you let each team member know you expect excellence in their performance ... if you work hard to set an example yourself...and if you let people know you appreciate and respect their feelings, you wind up with a highly motivated group, a team that's actually having fun at work because they're striving for excellence rather than brooding over slights or regrets."

QUESTION #5 Why are you leaving (or did you leave) this position?

TRAPS: Never badmouth your previous industry, company, Board, boss, staff, employees or customers. This rule is inviolable: never be negative. Any mud you hurl will only soil your own suit.

Especially avoid words like "personality clash," "didn't get along," or others, which cast a shadow on your competence, integrity or temperament.

BEST ANSWER: (If you have a job presently:)

If you're not yet 100% committed to leaving your present post, don't be afraid to say so. Since you have a job, you are in a stronger position than someone who does not. But don't be coy, either. State honestly what you'd be hoping to find in a new spot. Of course, as stated often before, your answer will be all the stronger if you have already uncovered what this position is all about and you match your desires to it.

(If you do not presently have a job:)

Never lie about having been fired. It's unethical and too easily checked. But do try to deflect the reason from you personally. Examples might be your firing was the result of a takeover, merger, and divisionwide layoff.

But you should also do something totally unnatural that will demonstrate consummate professionalism. Even if it hurts, describe your own firing candidly, succinctly and without a trace of bitterness -- from the company's point-of-view, indicating that you could understand why it happened and you might have made the same decision yourself.

Your stature will rise immensely and, most important of all, you will show you are healed from the wounds inflicted by the firing. You will enhance your image as first-class management material and stand head and shoulders above the legions of firing victims who, at the slightest provocation, rip open their shirts to expose their battle scars and decry the unfairness of it all.

For all prior positions:

Make sure you've prepared a brief reason for leaving. Best reasons: more money, opportunity, responsibility or growth.

QUESTION #6

The "Silent Treatment."

TRAPS: Beware--if you are unprepared for this question, you will probably not handle it right and possibly blow the interview. Thank goodness most interviewers don't employ it. It's normally used by those determined to see how you respond under stress. Here's how it works:

You answer an interviewer's question and then, instead of asking another, he just stares at you in a deafening silence.

You wait, growing a bit uneasy, and there he sits, silent as Mt. Rushmore, as if he doesn't believe what you've just said, or perhaps making you feel that you've unwittingly vibrated some cardinal rule of interview etiquette.

When you get this silent treatment after answering a particularly difficult question, such as "tell me about your weaknesses," its intimidating effect can be most disquieting, even to polished job hunters.

Most unprepared candidates rush in to fill the void of silence, viewing prolonged, uncomfortable silence as an invitation to clear up the previous answer which has obviously caused some problem. And that's what they do--ramble on, sputtering more and more information, sometimes irrelevant and often damaging, because they are suddenly playing the role of someone who's goofed and is now trying to recoup. But since the candidate doesn't know where or how he goofed, he just keeps talking, showing how flustered and confused he is by the interviewer's unmovable silence.

BEST ANSWER: Like a primitive tribal mask, the Silent Treatment loses all its power to frighten you once you refuse to be intimidated. If your interviewer pulls it, keep quiet yourself for a while and then ask, with sincere politeness and not a trace of sarcasm, "Is there anything else I can fill in on that point?" That's all there is to it.

Whatever you do, don't let the Silent Treatment intimidate you into talking a blue streak, because you could easily talk yourself out of the position.

QUESTION #7

Why should I hire you?

TRAPS: Believe it or not, this is a killer question because so many candidates are unprepared for it. If you stammer or ad lib, you've blown it.

BEST ANSWER: By now you can see how critical it is to apply the overall strategy of uncovering the employer's needs before you answer questions. Knowing the employer's greatest needs and desires will give you a big leg up over other candidates because you will give him better reasons for hiring you than anyone else.

Whether your interviewer asks you this question explicitly or not, this is the most important question of your interview because he must answer this question favorably in his own mind before you will be hired. So help him out! Walk through each of the position's requirements as you understand them, and follow each with a reason why you meet that requirement so well.

Example: "As I understand your needs, you are first and foremost looking for someone who can manage the sales and marketing of your book publishing division. As you've said, you need someone with a strong background in trade book sales. This is where I've spent almost my entire career, so I've chalked up 18 years experience exactly in this area. I believe that I know the right contacts; methods, principles, and successful management techniques as well as any person can in our industry.

"You also need someone who can expand your book distribution channels. In my prior post, my innovative promotional ideas doubled, and then tripled, the number of outlets selling our books. I'm confident I can do the same for you. "You need someone to give a new shot in the arm to your mail order sales, someone who knows how to sell in space and direct mail media. Here, too, I believe I have exactly the experience you need. In the last five years, I've increased our mail order book sales from $600,000 to $2,800,000, and now we're the country's second leading marketer of scientific and medical books by mail.

" Every one of these selling "couplets" (his need matched by your qualifications) is a touchdown that runs up your score. It is your best opportunity to outsell your competition.

QUESTION #8

Aren't you overqualified for this position?

TRAPS: The employer may be concerned that you'll grow dissatisfied and leave.

BEST ANSWER: As with any objection, don't view this as a sign of imminent defeat. It's an invitation to teach the interviewer a new way to think about this situation, seeing advantages instead of drawbacks.

Example: "I recognize the job market for what it is -- a marketplace. Like any marketplace, it's subject to the laws of supply and demand. So 'overqualified' can be a relative term, depending on how tight the job market is. And right now, it's very tight. I understand and accept that.

"I also believe that there could be very positive benefits for both of us in this match. "

Because of my unusually strong experience in ( ) I could start to contribute right away, perhaps much faster than someone who'd have to be brought along more slowly.

"There's also the value of all the training and years of experience that other companies have invested tens of thousands of dollars to give me. You'd be getting all the value of that without having to pay an extra dime for it. With someone who has yet to acquire that experience, he'd have to gain it on your nickel.

"I could also help you in many things they don't teach at the Harvard Business School. For example ... (how to hire, train, motivate, etc.) When it comes to knowing how to work well with people and getting the most out of them, there's just no substitute for what you learn over many years of front line experience. Your company would gain all this, too.

> my side, there are strong benefits, as well. Right now, I'm unemployed. I want to work, very much, and the position you have here is exactly what I love to do and am best at. I'll be happy doing this work and that's what matters most to me, a lot more than money or title.

"Most important, I'm looking to make a long-term commitment in my career now. I've had enough of job hunting and want a permanent spot at this point in my career. I also know that if I perform this job with excellence, other opportunities cannot help but open up for me right here. In time, I'll find many other ways to help this company and in so doing, help myself. I really am looking to make a long-term commitment.

" NOTE: The main concern behind the "overqualified" question is that you will leave your new employer as soon as something better comes your way. Anything you can say to demonstrate the sincerity of your commitment to the employer and reassure him that you're looking to stay for the long-term will help you overcome this objection.

QUESTION #9

Where do you see yourself five years from now?

TRAPS: One-reason interviewers ask this question is to see if you're settling for this position, using it merely as a stopover until something better comes along. Or they could be trying to gauge your level of ambition.

If you're too specific, i.e., naming the promotions you someday hope to win, you'll sound presumptuous. If you're too vague, you'll seem rudderless.

BEST ANSWER: Reassure your interviewer that you're looking to make a long-term commitment...that this position entails exactly what you're looking to do and what, you do extremely well. As for your future, you believe that if you perform each job at hand with excellence, future opportunities will take care of themselves.

Example: "I am definitely interested in making a long-term commitment to my next position. Judging by what you've told me about this position, it's exactly what I'm looking for and what I am very well qualified to do. In terms of my future career path, I'm confident that if I do my work with excellence, opportunities will inevitably open up for me. It's always been that way in my career, and I'm confident I'll have similar opportunities here."

"""""""""REST YOU CAN EXPECT ON MONDAY NIGHT"""""""""

Bihar ke CM, Manjhi sahab ne suggest kiya hai ke reservation ki limit badha kar 80% kar di jaaye...

.... what a GEM he is.! 

Interview Question..:

how does zero balance account help banks? apart from direct subsidy transfer, and some of the similar in-tangible aspects.. If no money comes in with these accounts, wont this just increase the operational costs of banks as the no. of accounts have increased significantly with this PMJDY.?

What is Merchant Banking....koi simple me bta do.....

Why Rupee One note is not issued by RBI?

The one Rupee Note signifies one unit measure of currency note consisting of 100 paise, and it is determined and decided by the Government of India only. Thus, One Rupee note is issued under the signature of Secretary of Ministry of Finance. The RBI prints currency notes of other denominations using this unit measure. For example, if the RBI wants to print a Rs. 5/- note, it has to accept the determined value of Rs. 5/- as Rs. 1x5. Also as rupee is the currency of our country and only govt. has the authority to issue Indian currency, it has been signed by Ministry of Finance. All other notes are bearer notes which are signed by RBI Governor. So when the note of 2 or more then that says that "I promise to pey the beare the sum of........rupees", it means that the note is actually a promissory note and will be paid using one rupee note or by coins.

Got maths with probs even in clerk could solve only 12 in 30 minutes (100%) accurate total 150+ (90% accuracy)

What could be sectional in maths?

what was sectional in math last year in IBPS CLerk?


649.6875 1299.375 866.25 346.5 99 22 ?

4

7

10

12

Other than those given as options

30 16 10 8 8 9 ?

12.75

13

14

10.5

Other than those given as options


10 18 63 253 1137 5901 ?

39754

35749

37594

35794

Other than those given as options

Answer in case you're bored as hell and vella like me. Yesterday at my clerical exam centre, there were 3-4 candidates who reported at 9:25 when we all were almost ready to begin the test. The invigilator didn't allow them in. Also there were few who didn't have original ID proofs and were denied. They protested, but to non avail. What do you think? Should they have been given a chance? 

Interview ke call letters kab aayenge??

Basel Committee :

 In 1988, the Basel Committee on banking supervision introduced the Basel-I accord or the risk based capital requirements to deal with the weakness in the leverage ratio as a measure for solvency.  IT was the very first attempt to introduce the concept of minimum standards of capital adequacy.

 Basel-I : Basel I addressed only one Credit Risk.

 Basel-II norms : Unfortunately India could not fully implement this but it is now gearing up under the guidance from the Reserve Bank of India to implement it from 1st April 2009.

 Basel II : Basle II addresses 3 major pillars / Risks.

1. Credit Risk - 60%

2. Market Risk - 25%

3. Operational Risk - 15%

 Minimum capital to be maintained by banks under Basle II is 8% 

Basel III norms are effective from 1st January 2013  RBI extended the timeline for full implementation of Basel III norms to 31st March 2019 instead of 31st March 2018.

 Basel III proposes many new capital, leverage and liquidity standards to strengthen the regulation, supervision and risk management of the banking sector.

Why isn't the State Bank of India under the control of the RBI, as all of the other banks of India are?


Lets focus on SBI first.... 

Yes, SBI is a nationalized bank. Nationalized bank is a bank which government has took over and holds maximum share holding. Basically, nationalized bank is a public sector bank which had owner other than government in past. 

SBI's origin traces to British times during 19th century. Its name was not SBI back then. After independence, RBI had majority share holding in SBI. However, recently in 2008, central government took over majority stakes of SBI from RBI. Therefore, Indian government is currently owner of the SBI. 

And now regarding the question,'Control' is a broad based term.

In India, banks are controlled by both, the owners (Board of directors and stake holders) as well as RBI.

Owners are mainly concerned with the day to day operations of the banks. They usually control banking operations such as recruitment, salaries, interest rates for loans and deposits, accounting of daily transactions, opening new branches and other such bank specific activities. 

RBI, on the other hand, acts as a regulator of banks. RBI controls banks through its quantitative (policy rates) and qualitative (moral persuasion) measures. If bank fails to follow the directions of RBI, it risks penalty by paying fines or even license cancellation. 

Anyone who applied for IBPS SO? Are you able to print the application form properly? In A4 size sheets, its not fitting. I set the margins to minimum but that makes it look so cluttered. What to do?

Definition and Meaning of White Label ATM  ?

White Label ATM or White Label Automated Teller Machines or WLAs in India will be owned and operated by Non Bank entities. From such White Label ATM customer from any bank will be able to withdraw money, but will need to pay a fee for the services. These white label automated teller machines (ATMs) will not display logo of any particular bank and are likely to be located in non traditional places.


Description and Meaning of Brown Label ATMs?

'Brown label' ATM are those Automated Teller Machines where hardware and the lease of the ATM machine is owned by a service provider, but cash management and connectivity to banking networks is provided by a sponsor bank whose brand is used on the ATM. The `brown label' has come up as an alternative between bank-owned ATMs and 'white label' ATMs. As in India white label ATMs were not allowed by RBI (in February, 2012, RBI has issued the draft guidelines for introduction of white ATMs, but final approval has yet to come.), the concept of Brown Label ATMs started picking up.

UIIC ka admit card kab aayega ?