Sawaal

 Bank Interview Questions

Popular Latest Rated
Q:

RBI controls the commercial banks through

A) Calling for returns and other information B) Periodic inspection of banks
C) Follow up action D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Bank Interview - Accounting and Finance
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

5 4119
Q:

Which of the following best describes Accounting?

A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business B) is used only for filling out tax returns and for financial statements for various types of governmental reporting requirements
C) records economic data but does not communicate the data to users according to any specific rules D) is of no use by individuals outside of the business
 
Answer & Explanation Answer: A) is an information system that provides reports to its stakeholders regarding economic activities and the condition of the business

Explanation:

Accounting is the systematic and comprehensive recording of financial transactions pertaining to a business. 

Which_of_the_following_best_describes_Accounting1537425183.gif image

Accounting also refers to the process of summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. 

Report Error

View Answer Report Error Discuss

Filed Under: Bank Interview - Accounting and Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 4057
Q:

Which Bank has been given scheduled bank status by RBI  ?

A) Disha B) Suryoday
C) Janalakshmi D) Ujjivan
 
Answer & Explanation Answer: D) Ujjivan

Explanation:

Ujjivan Small Finance Bank Ltd, a wholly-owned subsidiary of Ujjivan Financial Services Ltd, has been given scheduled bank status by RBI.

Report Error

View Answer Report Error Discuss

Filed Under: Bank Interview - Accounting and Finance
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

5 4028
Q:

Explain our business model.

Answer

Banks provide their clients with advice, assistance in arranging financing, and other services, such as access to trading on the markets, investment management, and risk reduction. Their main source of revenue is the fees they charge their clients for these services. Some banks have departments which invest or trade the bank’s own money to generate returns, though the extent to which they can do so has become more limited in recent years.

Report Error

View answer Workspace Report Error Discuss

Subject: Bank Interview - Accounting and Finance

0 3991
Q:

A budget is best described as

A) A master control device B) The most crucial component of a company evaluation process
C) A formal statement of a company's future plans usually expressed in monetary terms D) An informal statement of company future plans usually expressed in monetary terms
 
Answer & Explanation Answer: C) A formal statement of a company's future plans usually expressed in monetary terms

Explanation:

A Budget is a financial plan of expected cash inflows and outflows that a business generates.
It is generally a long-term statement involving ammual updates. It is best described as A formal statement of a company's future plans usually expressed in monetary terms.

Report Error

View Answer Report Error Discuss

Filed Under: Bank Interview - Accounting and Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 3937
Q:

A check returned by the bank marked nsf means

A) Cheque has been forged B) Cheque can't be cashed being illegal
C) There are not sufficient funds in your accoun D) Bank can't verify your identity
 
Answer & Explanation Answer: C) There are not sufficient funds in your accoun

Explanation:

NSF means - Not Sufficient Funds.

Report Error

View Answer Report Error Discuss

Filed Under: Bank Interview - Accounting and Finance
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 3924
Q:

Which small finance Bank is included in the second schedule of the Reserve Bank of India Act, 1934 ?

A) Janalakshmi B) Utkarsh
C) Suryoday D) None
 
Answer & Explanation Answer: C) Suryoday

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Bank Interview - Accounting and Finance
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

4 3902
Q:

What are the different types of Loans offered by banks?

Answer

The different types of loans offered by banks are:


a) Unsecured Personal Loan


b) Secured Personal Loan


c) Auto Loans


d) Mortgage Loans


e) Small business Loans

Report Error

View answer Workspace Report Error Discuss

Subject: Bank Interview - Accounting and Finance

1 3874