I thinks One person is properly raiding he is achieve thev banking relates pi. Hi need more information about ,Home loans 2 CASA account and demat account ,Have to prepare for basic knowledge for interviews. Box , Park Rapids, MN I am about to ssf start receiving my monthly pension payments and I would like to use them for automatic monthly payments for an installment loan. Can I do this? Sorry, banking illiterate. Sir, I want to ask that for preparing for government bank job. Then how he can prepare for that.
Which book you will revommend. And what is the best way for preparing bank job. Is their any college or hostel for that. Pz tell me….. If a bank of Zambia buys dollars in the foreign exchange market but does not sterilize the intervention, what will be the impact on international reserves, the money supply and exchange rate.
Now I have little bit knowledge about banking and I have no fear to go for an interview. Thank so much for ur guidance. My Bank account branch change after my monthly salary my account without informing salary department so I receive my salary my account yes or no. Thanks you so much and these really help me a lot and I can now go to interview without any fearing.
Tomorrow is my interview in a bank and I find all these questions crucial for my pre interview and I really appreciate admin for share such a important contents. Thank for all your clarity Please send me further qn and ans for me to gate more information about banking sectors qn and to join the sector. My bank is refusing to pay my cash back. At least this has given me some knowledge on how banking interview goes.
But my question is, as a maths and statistics student what kind of question can be directed to me according to my fielf of study by the interviewers. Me and my 3 siblings sold our family home. How will this affect her taxes? Your email address will not be published.
Skip to content. Download PDF. Please help me by helping in answering above answers. Thanks, RajKumar. Sir what is CBS in banking system syndicate bank. Sir need more questions for interview and plz give information abt whats the civil score? Always pay your dues on time as lenders view late payments negatively. Keep your balances low, do not use too much credit, and control your utilisation.
Plz help me to understand bank information and account when we are bank form. I have done Bba these questions are really gud to crack the interview thanku. Thanks a lot for tips and some more will help to brush up our knowledge. Its very good idea and relevant information about bank interview.
Sir, I am attending the bank interview how can I prepare for interview sir. It was good and helpful all concepts were cleared. Thanks for the your guidance. We need to more information about Bank and other financial institutions. I need some more basic information about bank and back office. It is very usefully information actually I am going apply bank job.
What are the likely question they will ask an IT student??? It is very nice, i have got a lot of knowledge and hint about bank. Leave a Reply Cancel reply Your email address will not be published.
Web Expand child menu Expand. Javascript Expand child menu Expand. Question 4: What are the necessary documents a person requires to open an account in a bank? The primary document that is needed to open an account are photographs, proof of identity proof like Aadhar card or Pan Card etc.
Answer : APR is known as the Annual percentage rate. It is a charge or interest that the bank imposes on their customers for using their services like loans, credit cards etc. The interest is calculated annually. Answer : Amortization refers to the repayment of the loan by instalment to cover principal amount with interest whereas, negative amortization is when the repayment of the loan is less than the loans accumulated interest, then negative amortization takes places.
Answer : Loan grading is the classification of the loan based on various risks and parameters like repayment risk, borrowers credit history etc. The system places a loan on one to six categories, based on the stability and risk associated with the loan.
The borrower can withdraw the amount at any moment and pay the interest only on the amount withdraw. The bank guarantees the payment, and the payment is made from the bank's funds. The cashier signs this cheque.
These cheques are commonly required for real estate and brokerage transactions and issued when rapid settlement is necessary. A home equity loan is also known as an equity loan, home equity installment loan, or second mortgage. It is a type of consumer debt. Home equity loans allow the owners to borrow money against the value of equity in your home. The loan amount is based on the difference between the home's current market value and the homeowner's mortgage balance due.
For example, if the value of your home is and you have paid 50, The balance owed on your mortgage is Now, your paid is equity, which is the difference between the home's actual value and what you owe to the bank. Now, you can get the loan based on your equity. It is an electronic fund transfer between banks or financial institutions. The convertibility clause is a provision for the borrower in which the bank can change the rate of interest from fixed to variable and vice versa for certain types of loans.
It is an average interest rate offered for the U. S dollar or Euro deposited between groups of London banks. It is an international interest rate set by world economic conditions and used as a base rate by banks to set interest rates.
The charge off is a lender's declaration to a borrower not to pay the remaining amount when the borrower badly falls into debt. The unpaid amount is settled as a bad debt. JavaTpoint offers too many high quality services. Mail us on [email protected] , to get more information about given services. Please mail your requirement at [email protected] Duration: 1 week to 2 week. All Interview. Most asked Top Banking Interview Questions and Answers The banking sector is considered one of the esteemed employers, where many people like fresher and experienced professionals prefer to work.
Here is a list of top banking interview questions: 1 What is the definition of a bank? Following are some functions of a commercial bank: Accept Deposits: The commercial banks accept deposits from their customers as saving deposits, fixed deposits FD , and current deposits. Provide Loans: These are the most important functions of a commercial bank.
They provide loans to their customers, individuals, organizations etc. Provide locker facilities: Commercial banks provide locker facilities to customers who want to keep their valuable items safely. Dealing in foreign exchange: Commercial banks provide foreign exchange to individuals or companies that export or import goods from foreign countries. The banks which have the license to deal in foreign exchange can do such transactions. Exchange of Securities: Commercial banks also trade in bonds and securities.
Commercial banks are commonly categorized into three types: Public Sector Banks: Public sector banks are the type of financial institutions that are owned by Governmentment. Governmentment holds a very good part of shares of these types of banks. In India, the Reserve Bank of India acts as a central bank, making guidelines for the public sector banks. Private Sector Banks: Private sector banks are registered as companies with limited liabilities. Individuals or private businesses hold a bigger part of the share capital of such banks.
Foreign Banks: Foreign banks are situated in a foreign nation and operated overseas. After the financial reforms in , many foreign banks have made their offices on Indian soil.
These banks are essential for the economic development of a nation. Most of the Indian banks provide the following account types: Savings accounts Checking accounts Money market accounts Certificates of deposit CDs Retirement accounts Saving Account: This is the most common type of bank account that consumers choose to keep their aside money safe for future uses.
The most common bank accounts are classified into four different types. Following are the main banking software applications used in the Indian banking industry: Core Banking System: Core banking system is a service provided by networked bank branches. This service facilitates bank customers to withdraw money from any bank branch where the customer has an account. Some ATM facilitates customers to deposit money also.
Internet Banking System: Internet banking facilitates account holder individuals and financial institutions to make an online transaction using banks or financial institute website. Loan Management System: The bank's database stores all the information and keeps track of the customers who take a bank loan. Credit Management System: A credit management system is used to handle credit accounts, assess risks, and determine how much credit to offer to a customer. Investment Management System: This is a management system used to process and manage money, including investments, banking, budgeting and taxes.
What is unlevered free cash flow. How do you calculate it? DDM is the dividend discount model of valuing a company. Which is higher - the cost of equity or the cost of debt, and why? The cost of equity is almost always higher than the cost of debt. This is mostly because debt holders have less risk than equity holders of not getting their money back and are therefore willing to accept lower returns.
If a company goes bankrupt, debt holders receive proceeds of the liquidation ahead of equity holders. And debt holders receive interest on their investment in all situations whereas equity holders are only paid dividends if the company is doing well. It helps too that debt is tax deductible. Why should a company prefer equity finance to debt finance?
Equity financing is less risky you won't have to pay it back. You'll have more cash on hand. You won't have to channel profits into loan repayment. Your equity investors will have a longer term view. Your company will have more credibility. And you might get to tap your investors' network to help you develop the business.
Tell me about a technology company. Now tell me who they should acquire and why. Tell me about a recent deal you were interested in. How did they decide the ratio of cash to stock in the deal you like. What kinds of synergies were they looking at? Walk me through the four valuation methods. Now ranking them in order of your preference. Explain why you've done this. Which is more accretive? How do you use a leveraged buyout LBO to value a company?
A leveraged buyout LBO acquires when a company is acquired using predominantly debt funding. The acquirer is usually a private equity firm which will invest a small amount of equity and use debt to finance the rest of the acquisition. The private equity fund relies upon the company's cash flow and or asset sales to finance the debt.
The value of the company is therefore the amount the private equity fund can afford to pay and still finance this debt. Click here for a good description of the process. How do you account for stock-based compensation when valuing a company? How do you boost returns in an LBO? The key levers are: a lower purchase price, a higher exit price when the company is sold on , increased leverage. What's a net operating loss NOL? How is this used? This is when a company's allowable tax deductions are greater than its income.
An NOL can be carried backwards or forwards f or accounting purposes. How do you account for convertible bonds when you're calculating enterprise value? A convertible bond is a bond that can be converted into a predetermined number of shares, at the option of the bond holder. Enterprise value is a company's market capitalization plus debt, minority interest and preferred shares, minus total cash and cash equivalents.
If the convertible bonds are in-the-money ie the conversion price of the bonds is below the current share price , they count as additional dilution to the Equity Value; if they're out-of-the-money , just count the face value of the convertibles as debt.
What's the Treasury Stock Method? The treasury stock method is used to calculate the net increase in shares outstanding if in-the-money options and warrants were to be exercised. Click here f or a fuller description of how it works. Talk to me about a recent merger you have followed? What was the price paid for the target? Why did the acquiring company decide to buy at that price?
If you were part of that deal team, what would you have done differently? Name me two companies that you think should consider merging. How would you value an apple tree? How would you value an established industrials company vs. The technical markets questions:. Talk me through options pricing. Options derive their prices from the value of other assets and are contingent upon specific events. The value of the option will depend on factors including: the value of the underlying asset; the variance in the value of the underlying asset, the strike price at which the option comes into effect, the time to the option's expiration and the riskless interest rate relating to the option's life.
Click here for a detailed guide. Walk me through how you might derive the Black-Scholes formula by using a real options approach.
Argue for the right discount rate to apply to related amortization tax shields. Does it matter if the shares are purchased before or after the dividend is declared? Does it matter if the shares are purchased before or after the dividend is paid? The culture questions. When have you worked in a bad team? Which steps did you take to make it better? What is the most ethical decision you've ever had to make?
Give me an example of a person you think has integrity and explain why. Give me an example of a person you think is credible and explain why. How would you describe your leadership style? What would you do if you did not have to work for money?
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