Gerenal Awareness Realted To Agriculture

1.Which of the following condition support Rice cultivation?

[A]Minimum rainfall 100 cm to 200 cm

[B]Temperature range from 16°C – 27°C

[C]Land located near river delta

[D]All of the above

2.Which of the following is Horticulture Crop?

[A]Paddy

[B]Wheat

[C]Mango

[D]Bajara

3.HD 2967 is the new high yielding variety of -

[A]. Rice

[B] Maize

[C]. Mustered

[D]. Wheat

4.Which crop requires water-logging for its cultivation?

[A]. Tea

[B]. Coffee

[C]. Rice

[D]. Mustard

5.The Black rust of disease of wheat is caused by-

[A]. Xanthomonas graminis

[B]. Puccinia graminis

[C]. Puccinia recondita

[D] None of these

6.Which one of the following makes a case for intensive, modern farming?

[A]. Cropping pattern

[B]. Higher output using organic method

[C]. Remunerative price

[D] None of these

7.Which gas is released from paddy fields?

[A]. CO2

[B]. H2S

[C]. CH4

[D] NH3

8.Vector of phyllody disease is -

[A]. Thrips

[B]. Mite

[C] White fly

[D]. Jassid

9.Ratna is a variety of--

[A]. Wheat

[B]. Barley

[C]. Maize

[D]. Rice

10.Water use efficiency is the highest is case of--

[A]. Border irrigation

[B]. Drip irrigation

[C]. Sprinkler irrigation

[D] Flood irrigation

Answer

1.[D]  2.[C]  3.[D]  4.[C]  5.[B]  6.[A]  7.[C] 8.[A]  9.[D]  10.[B]

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Important Interview Question And Answer For Bank Exam

Q-1 What is meant by development Oriented banking?
Taking up the task of development of the economy by providing support to under privileged sections of the society.

Q-2 The term "BSR' refers to:
BSR code is unique for a branch of a bank.Hence all the branches of any Bank will have its unique BSR ( Basic Statistical Return) Code. This will help to recognize the bank's branch detail it will be also helpful for a pensioner who retires from GOVT. OF INDIA ( Central Govt.employee)to get their pension, they have to intimate their Bank A/C No. along with the BSR CODE,which is very much available with the bank.

Q-3. What is a Third party buyer?
 A third-party transaction is a business deal involving a buyer, a seller and a third party. The third party's involvement varies with the type of business transaction.  A seller offers a good or service, and a buyer uses a credit card entered through the PayPal payment service. The payment is run through a third party, and is therefore a third-party transaction.
 
Q-4 What you know about  " A veteran banker Vinay Baijal "?
 A veteran banker of about forty five years, Mr. Vinay Baijal retired from the Reserve Bank of India as the Chief General Manager (CGM) after working there for 35 long years. He primarily dealt with the regulatory framework for foreign banks in India, with emphasis on International banking and Anti-Money Laundering. Mr. Baijal was also the founding CEO of Banking Codes and Standards Board of India (BCSBI). He also worked as a member of the SEBI “Committee on Mis-selling of Mutual Funds” in 2011-12. In conversation with MFIN, Mr. Vinay Baijal, Board Member, MFIN shares his experiences about the industry environment and how MFIN fits into the landscape

Q-5What is Soft Loan and Hard Loan?
 A soft loan is a loan with a below-market rate of interest. This is also known as soft financing. Sometimes soft loans provide other concessions to borrowers, such as long repayment periods or interest holidays. Soft loans are usually provided by governments to projects they think are worthwhile. The World Bank and other development institutions provide soft loans to developing countries.This contrasts with a hard loan, which has to be paid back in an agreed hard currency, usually of a country with a stable robust economy

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Important Interview Question And Answer For Bank Exam

1.What is shipping guarantee?
Shipping Guarantee refers to a written guarantee, issued by the bank which will bear joint liability, and is presented by the importer to the carrier or its agent for picking up the goods in the case of arrival of cargo prior to the shipping documents.

2.What is the relationship between RBI and the Bank maintaining the currency chest .?
Principal and Agent.

3.What is share?
 he capital of a company is divided into shares. Each share forms a unit of ownership of a company and is offered for sale so as to raise capital for the company.Shares can be broadly divided into two categories - equity and preference shares.
On the other hand, preference shares earn their holders only dividends, which are fixed, giving no voting rights. Equity shareholders are regarded as the real owners of the company. When the shares are offered for sale directly by the company for the first time, they are offered in the primary market, whereas the trading of shares takes place in the secondary market.

4.Sources of Income of Bank Except Interests?

There are two common measures of the income banks generate from sources other than interest: the non-interest income level and the fee income level.Different banks have very different sources of income. This in turn means they have different profit drivers.

5.RBI directives on clean note policy ?
.The Reserve Bank of India (RBI) on 14 May 2013 directed banks to follow the Clean Note Policy strictly and issue clean currency notes to public. RBI issued a notification that also asked the banks to do away the process of stapling the currency notes and to secure the note packets with paper bands.

In its notification to the banks, the RBI also directed to sort notes into re-issuable and non-issuable notes and to withdraw soiled notes from circulation in the market. Banks have also been asked to stop writing of any kind on watermark window of bank notes as it disfigures the watermark impression and recognition becomes difficult

As per RBI, on an average 20 percent of notes is disposed off after getting soiled every year and in the fiscal year 2012-13 that ended on 31 March 2013 the number of such soiled currency bills stood at over 13 billion units.

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Important Interview Question And Answer For Bank Exam

1.what is bearer cheque?
When the words "or bearer" printed on the cheque is not cancelled, the cheque is called a bearer cheque. A bearer cheque is made payable to the bearer i.e. it is payable to the person who presents it to the bank for encashment. However, such cheques are risky, this is because if such cheques are lost, the finder of the cheque can collect payment from the bank. Bearer cheque can be transferred by mere delivery; they need no endorsement. In simple words a cheque which is payable to any person who presents it for payment at the bank counter is called ‘Bearer cheque’.

.2.What is Balance of Trade ?
 The commercial balance or net exports, is the difference between the monetary value of exports and imports of output in an economy over a certain period, measured in the currency of that economy. It is the relationship between a nation's imports and exports.

3.What is trade surplus and trade deficit?
A positive balance is known as a trade surplus if it consists of exporting more than is imported; a negative balance is referred to as a trade deficit or, informally, a trade gap. The balance of trade is sometimes divided into a goods and a services balance. 

4.What is public sector company?
If a public company is a corporation whose stock is traded on a stock exchange it is said that the stock is publicly traded or that the company is a publicly-traded corporation. Public sector refers to government-owned organizations and government-provided services

5.What is Bank insurance? 
The bank insurance model (BIM), also sometimes known as bancassurance, is the partnership or relationship between a bank and an insurance company whereby the insurance company uses the bank sales channel in order to sell insurance products, an arrangement in which a bank and an insurance company form a partnership so that the insurance company can sell its products to the bank's client base. 
 

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Important Interview Question And Answer For Bank Exam

1..What is CRR?
Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks comes down. The RBI uses the CRR to drain out excessive money from the system.  Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with the RBI. If the central bank decides to increase the CRR, the available amount with the banks comes down. The RBI uses the CRR to drain out excessive money from the system.


2.What is the role of the Reserve Bank in currency management?
The Reserve Bank manages currency in India. The Government, on the advice of the Reserve Bank, decides on the various denominations. The Reserve Bank also co-ordinates with the Government in the designing of bank notes, including the security features. The Reserve Bank estimates the quantity of notes that are likely to be needed denomination-wise and places the indent with the various presses through the Government of India. The notes received from the presses are issued and a reserve stock maintained. Notes received from banks and currency chests are examined. Notes fit for circulation are reissued and the others (soiled and mutilated) are destroyed so as to maintain the quality of notes in circulation. The Reserve Bank derives its role in currency management on the basis of the Reserve Bank of India Act, 1934.


3.Who decides on the volume and value of bank notes to be printed and on what basis?
The Reserve Bank decides upon the volume and value of bank notes to be printed. The quantum of bank notes that needs to be printed broadly depends on the annual increase in bank notes required for circulation purposes, replacement of soiled notes and reserve requirements


4.Who decides on the quantity of coins to be minted?
The Government of India decides upon the quantity of coins to be minted.



5.What is currency chest?
To facilitate the distribution of notes and rupee coins, the Reserve Bank has authorised selected branches of banks to establish currency chests. These are actually storehouses where bank notes and rupee coins are stocked on behalf of the Reserve Bank. At present, there are over 4422 currency chests. The currency chest branches are expected to distribute notes and rupee coins to other bank branches in their area of operatio


6.Why are Re1, Rs.2 and Rs.5 notes not being printed?
Volume-wise, the share of such small denomination notes in the total notes in circulation was as high as 57 per cent but constituted only 7 per cent in terms of value. The average life of these notes was found to be around a year. The cost of printing and servicing these notes was, thus, not commensurate with their life. Printing of these notes was, therefore, discontinued. These denominations were, therefore, coinised. However, it has been decided that notes in the denomination of Rs.5 be re-introduced so as to meet the gap between the demand and supply of coins in this denomination.

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Interview Question And Answer for Bank Exam

1.what is mutual fund?
Mutual funds raise money by selling shares of the fund to the public, much like any other type of company can sell stock in itself to the public. Mutual funds then take the money they receive from the sale of their shares  and use it to purchase various investment  such as stocks, bonds and money market instruments. In return for the money they give to the fund when purchasing shares, shareholders receive an equity position in the fund and, in effect, in each of its underlying securities. For most mutual funds, shareholders are free to sell their shares at any time, although the price of a share in a mutual fund will fluctuate daily, depending upon the performance of the securities held by the fund.

2.What is NEFT?

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Under this Scheme, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporate having an account with any other bank branch in the country participating in the Scheme.

3. Who can transfer funds using NEFT?  Individuals, firms or corporates maintaining accounts with a bank branch can transfer funds using NEFT. Even such individuals who do not have a bank account  can also deposit cash at the NEFT-enabled branches with instructions to transfer funds using NEFT. However, such cash remittances will be restricted to a maximum of Rs.50,000/- per transaction. Such customers have to furnish full details including complete address, telephone number, etc. NEFT, thus, facilitates originators or remitters to initiate funds transfer transactions even without having a bank account.

4.What is IFSC? Ans : IFSC or Indian Financial System Code is an alpha-numeric code that uniquely identifies a bank-branch participating in the NEFT system. This is an 11 digit code with the first 4 alpha characters representing the bank, and the last 6 characters representing the branch. The 5th character is 0 (zero). IFSC is used by the NEFT system to identify the originating / destination banks / branches and also to route the messages appropriately to the concerned banks / branches.

5.What is PE Ratio?  
PE ratio is one of the most widely used tools for stock selection. It is calculated by dividing the current market price of the stock by its earning per share (EPS). It shows the sum of money you are ready to pay for each rupee worth of the earnings of the company.                  

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Bank Interview Question And Answer

                                        INTERVIEW SPECIAL
1. What is SMS Banking?
SMS Banking is a service that allows customers to access their account information via mobile phone. SMS
banking services are operated using both push and pull messages. Push messages are those that the bank
chooses to send out to a customer's mobile phone, without the customer initiating a request for the information.Pull messages are those that are initiated by the customer, using a mobile phone, for obtaining information or performing a transaction in the bank account.


2.What do you know about New India Assurance Corporation Limited?
New India Assurance Co Ltd, today, is a 100 % Govt owned multinational general insurance company operating in 27 countries and headquartered at Mumbai, India. Founded by Sir Dorabji Tata in 1919, we have been market leaders in India in non-life business for more than 40 years.CRISIL has reaffirmed its ' AAA/STABLE ' rating on The New India Assurance Company Limited indicating that the company has the Highest degree of Financial strength to honor its Policyholders obligations"

3.What is private sector company?
The private sector is the part of a country's economic system that is run by individuals and companies, rather than the government. Most private sector organizations are run with the intention of making profit.

4.What is privatization?
.privatization is the process of transferring an enterprise or industry from the public sector to the private sector. The public sector is the part of the economic system that is run by government agencies. Privatization may involve either sale of government-held assets or removal of restrictions preventing private individuals and businesses from participating in a given industry.

5.What is DICGC?
Deposit Insurance and Credit Guarantee Corporation ( DICGC) is a subsidiary of Reserve Bank of India. It was established on July 15, 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities

6. What is the maximum deposit amount insured by the DICGC?

Each depositor in a bank is insured upto a maximum of Rs.1,00,000 (Rupees One Lakh) for both principal and interest amount held by him in the same right and same capacity as on the date of liquidation/cancellation of bank's licence or the date on which the scheme of amalgamation/merger/reconstruction comes into force.

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Banking Terms are Frequently Asked in all the Bank Interviews.

The basic banking terms are frequently asked in all the Bank Interviews.
Arbitrage:
       Buying a financial instrument in one market in order to sell the same instrument at a higher price in another market.

Anytime Banking
         With introduction of ATMs, Tele-Banking and internet banking, customers can conduct their business anytime of the day and night. The 'Banking Hours' is not a constraint for transacting banking business.

Annuity :
        A life insurance product which pays income over the course of a set period. Deferred annuities allow assets to grow before the income is received and immediate annuities (usually taken from a year after purchase) allow payments to start from about a year after purchase.

ATM:
      ATMs are Automatic Teller Machines, which do the job of a teller in a bank through Computer Network. ATMs are located on the branch premises or off branch premises. ATMs are useful to dispense cash, receive cash, accept cheques, give balances in the accounts and also give mini-statements to the customers.

Bank Ombudsman:
         Bank Ombudsman is the authority to look into complaints against Banks in the main areas of collection of cheque / bills, issue of demand drafts, non-adherence to prescribed hours of working, failure to honour guarantee / letter of credit commitments, operations in deposit accounts and also in the areas of loans and advances where banks flout directions / instructions of RBI. This Scheme was announced in 1995 and is functioning with new guidelines from 2007. This scheme covers all scheduled banks, the RRBs and co-operative banks.

Bancassurance: 
         Bancassurance refers to the distribution of insurance products and the insurance policies of insurance companies which may be life policies or non-life policies like home insurance - car insurance, medi-policies and others, by banks as corporate agents through their branches located in different parts of the country by charging a fee.

Bouncing of a cheque:
        Where an account does not have sufficient balance to honour the cheque issued by the customer, the cheque is returned by the bank with the reason "funds insufficient" or "Exceeds arrangement”. This is known as 'Bouncing of a cheque’.

 Credit ratings
        An assessment of the likelihood of an individual or business being able to meet its financial obligations. Credit ratings are provided by credit agencies or rating agencies to verify the financial strength of the issuer for investors.

Core Banking Solutions (CBS):
              Core Banking Solutions is a buzz word in Indian banking at present, where branches of the bank are connected to a central host and the customers of connected branches can do banking at any breach with core banking facility

Demat Account:
              Demat Account concept has revolutionized the capital market of India. When a depository company takes paper shares from an investor and converts them in electronic form through the concerned company, it is called Dematerialization of Shares. These converted Share Certificates in Electronic form are kept in a Demat Account by the Depository Company, like a bank keeps money in a deposit account. Investor can withdraw the shares or purchase more shares through this demat Account.

EFT - (Electronic Fund Transfer):
          EFT is a device to facilitate automatic transmission and processing of messages as well as funds from one bank branch to another bank branch and even from one branch of a bank to a branch of another bank. EFT allows transfer of funds electronically with debit and credit to relative accounts.

KYC Norms:
          Know your customer norms are imposed by R.B.I. on banks and other financial institutions to ensure that they know their customers and to ensure that customers deal only in legitimate banking operations and not in money laundering or frauds.

Letter of Credit:
      A document issued by importers bank to its branch or agent abroad authorizing the payment of a specified sum to a person named in Letter of Credit (usually exporter from abroad). Letters of Credit are covered by rules framed under Uniform Customs and Practices of Documentary Credits framed by International Chamber of Commerce in Paris.

Marginal Standing Facility Rate:
        MSF scheme has become effective from 09th May, 2011 launched by the RBI. Under this scheme, Banks will be able to borrow upto 1% of their respective Net Demand and Time Liabilities.  The rate of interest on the amount accessed from this facility will be 100 basis points (i.e. 1%) above the repo rate. This scheme is likely to reduce volatility in the overnight rates and improve monetary transmission.

Plastic Money:
    Credit Cards, Debit Cards, ATM Cards and International Cards are considered plastic money as like money they can enable us to get goods and service

Priority Sector Advances :
           It consist of loans and advances to Agriculture, Small Scale Industry, Small Road and Water Transport Operators, Retail Trade, Small Business with limits on investment in equipments, professional and self employed persons, state sponsored organisations for lending to SC/ST, Educational Loans, Housing Finance up to certain limits, self-help groups and consumption loans.

Safe Custody:
           When articles of value like jewellery, boxes, shares, debentures, Government bonds, Wills or other documents or articles are given to a bank for safe keeping in its safe vault, it is called safe custody.. Bank charges a fee from its clients for such safe custody.
Stock Splits: Wholesale changes in the number of shares. For example, a two for one split doubles the number of shares but does not change the share capital.

Universal Banking :
        When Banks and Financial Institutions are allowed to undertake all types of activities related to banking like acceptance of deposits, granting of advances, investment, issue of credit cards, project finance, venture capital finance, foreign exchange business, insurance etc. it is called Universal Banking.

Window Dressing:
        Financial adjustments made solely for the purpose of accounting presentation, normally at the time of auditing of company accounts.

Zero Coupon Bond: 
    A bond with no coupon that is sold at a deep discount from par value.


 

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Interview Question for Bank Exam

Expected interview questions;

• • Introduce Yourself/Family Background
  • What is the aim of your life?
  • What is the economy & culture of your city?
  • What is Finance?
  • Why do you want to join Bank industry,why not any job related to your subject?
  • What is the role of banking in our economy?
  • Who regulates the indian banking?
  • What is the role of development officer?
  • How will you generate business for Bank?
  • What are KYC norms and what are the necessary document for KYC?
  • Is your career matched up with what you wanted to become in your childhood and what you are now?
  • What is the functions of RBI?
  •   What are bank rate,repo rate,reverse repo rate?
  • Why RBI increases or decreases these rates?
  • What is narrow banking,.moblie banking& internet bankng?
  • If you are appointed in a rueal area, than how can you manage yoursef

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Interview Question And Answer

What is E-Banking ?

E-banking refers to electronic banking. It is like e-business in banking industry. E-banking is also called as "Virtual Banking" or "Online Banking".
E-banking is a result of the growing expectations of bank's customers

Tell about Popular services covered under E-Banking

1. Automated Teller Machines,
2. Credit Cards,
3. Debit Cards,
4. Smart Cards,
5. Electronic Funds Transfer (EFT) System,
6. Cheques Truncation Payment System,
7. Mobile Banking,
8. Internet Banking   
9. Telephone Banking, etc.

Advantages of E-Banking

1. The operating cost per unit services is lower for the banks.
2. It offers convenience to customers as they are not required to go to the bank's premises.
3. There is very low incidence of errors.
4. The customer can obtain funds at any time from ATM machines.
5. The credit cards and debit cards enables the Customers to obtain discounts from retail outlets.
6. The customer can easily transfer the funds from one place to another place electronically.

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