Bank interview Common questions
Role of Po in Banks
A Bank Probationary Officer (PO) in the bank is the starting level appointment for bank officers. The position has healthy promotional prospects with work being the defining limit for the candidate's success. The job profile of PO (Probationary Officer) is General Banking, administration work and any other work assigned by the Bank from time to time.Probationary Officer being the first entry point for a job in bank, makes it a viable option especially for fresh graduates & those without prior experience. The PO will report to their immediate senior officer, who will closely monitor & evaluate the performance of the PO for a certain duration.
A Bank PO would be expected to perform all kinds of banking duties until the end of the probationary period. These include accounting, finance, marketing, billing as well as investment.
The bank Po also works on other domains as well which include loan department, mortgage and finance divisions of the bank. They also handle customer complaints and address their queries and doubts. Good communication and tactful handling of customers are important qualities for a PO.Usually after the confirmation the Bank PO is made an Assistant Bank Manager. He or she may be posted in any branch across the country to handle daily customer transaction like passing a cheque, cash management, draft issuance etc.
After some years of experience with suitable talent they can be further promoted to occupy upper levels of management to be involved in planning, marketing, budgeting, processing of loan, investment management decisions etc.
Private bank Jobs or Public Bank Jobs
People who want to make a career in the banking sector are often perturbed by the fact if they should applying for a private or public sector bank. There are quite a lot of differences between the two sectors. For starters private sector banking recruits mainly through campus placements but also advertise for vacancies in newspapers and websites. While Nationalized banks have currently gone on a major recruitment drive and are recruiting large numbers of people. They usually do this by advertising in papers and then conduct All India exams which are held at various centres across India.A key difference between the two is in Public Banks you are assured of a more secure job than in private banks. Private Banks tend to be very performance based and if you are unable to meet targets, there are chances it may lead to job termination. Public Banks on the other provide their employees considerable lengths of time to pick upon the nuances of the jobs and are rarely fired unless the employee is considered totally unfit for the job. Moreover public jobs offer a lot of perks to their employees. These include steady income, pension benefits, availability of loans at lower interests and higher interest for deposits.
Private Banks in spite of some its drawbacks offer higher salaries than public sector banks. Even though every private banking organization has its own set of rules they tend to be more flexible than public banks. This ensures faster growth and greater pay hikes which is also often performance based. Whereas the pay structure in Public Banks are lesser and the pay hikes tend to be gradual. Growth in the organization is usually according to the level of seniority. This means in spite of good performances one cannot always expect a promotion if he or she does not have the right seniority level. Hence Both the private and public sector bank jobs come with their own advantages and disadvantages, therefore a person needs to prioritize their needs, skills, preferences and take a decision accordingly.
How to Prepare for PO Exam
A Bank Probationary Officer (PO) in the bank is the starting level appointment for bank officers. The position has healthy promotional prospects with work being the defining limit for the candidate's success. The job profile of PO (Probationary Officer) is General Banking, administration work and any other work assigned by the Bank from time to time.The procedure for recruiting Probationary Officers in India is usually done through conducting a written test and then a round of interview. Most banks conduct interviews to recruit fresher’s for the above position and they have similar test formats. The details of the test are first advertised on the major newspapers across India, so students kindly keeping looking through the papers on an everyday basis to get to know the dates.
As said earlier the candidates are selected on the basis of written test & interview. Almost every bank has same pattern of written test. It consists of objective test & descriptive test.
The Objective Test generally carries of 200 – 250 marks & duration is for 2 – 3 hrs. The questions are on the basis of reasoning aptitude, general awareness, English language & quantitative aptitude. Also there will be negative marking for each wrong answer.
The Descriptive Test is of 1hr generally & questions are essay type based on comprehension in English.
The following should be taken care of while preparing for the PO exam:
- Reasoning Aptitude: In this section, questions are basically of diagrams, analysis, statements etc. You should show presence of mind & carefully attempt the questions by using your sense of logic and reasoning capacities. You can brush through and solve previous years question papers to get a hang of the format.
- General Awareness: For preparing this section, the best is to read the newspaper daily & find out the current affairs in banking sectors, global business, money markets and also other general knowledge subjects like politics, sports etc.
- English language: This section covers questions on English grammar. Vocabulary, synonyms, antonyms etc. The simple grammar book is sufficient for preparation.
- Quantitative Aptitude: In this, maths of Xth Std will be asked like algebra, profit loss, percentage etc. Class Xth maths book is the source to prepare for it.
- R. S. Agarwal series on arithmetic, reasoning and Basic English.
- BSC series of reasoning and English.
- Bank PO Exam Preparation by Aditya Publications.
- Quantitative Aptitude for competitive exams from Abhijit Guha.
Books Recommended For AIEEE 2011
Physics- Bright’s AIEEE Physics
- H.C Verma Concepts of Physics Vol 1 & 2
- I.E Irodov Problems in General Physics
- Halliday, Resnick & Walker Fundamentals Of Physics
- Sears and Zemansky University Physics
- Nelkon and Parker Advanced Level Physics
- A.A Pinsky Problems in Physiscs
- S.S Krotov Aptitude Test Problems in Physics
- V.Zubov & V.Shalnov Problem in Physics
- L.A Sena A collection of questions and problems in Physics
- S.L Loney Elements Of Dynamics Part 1 & 2
- S.L Loney Dynamics of a Particle & of Rigid Bodies
- R.P Feynman The Feynman Lectures on Physics Vols 1 & 2
- Bright’s AIEEE Chemistry
- NCERT Chemistry XI & XII Basic Text Books
- P.Bahadur Physical Chemistry
- O.P Agarwal IIT Chemistry
- Ebbing General Chemistry
- J.D Lee Concise Inorganic Chemistry
- R.T Morrison, R.N Boyd Organic Chemistry
- R.C Mukhrjee Numerical Chemistry
- Francis Carey Organic Chemistry
- I.L Finar Organic Chemistry Vol 1
- Bahal & Bahal Organic Chemistry
- Sienko & Plane Chemistry Principles & Applications
- P.W Atkins Physical Chemistry
- Bruce H. Mahan University Chemistry
Mathematics
- Bright’s AIEEE Mathematics
- S.L Loni Plane Trigonometry
- S.L Loni Co-ordinate Geometry
- Hall & Knight Higher Algebra
- I.A Maron Problems in Calculus of One Variable
- Vectors By Shanti Narayan
- V Govorov, P. Dybov, N. Miroshin, S.Smirnova. Problems in Mathematics
- Bernard & Child Higher Algerbra
- Dr. Gorakh Prasad Co-ordinate Geometry
How to Prepare for PO Exam
A Bank Probationary Officer (PO) in the bank is the starting level appointment for bank officers. The position has healthy promotional prospects with work being the defining limit for the candidate's success. The job profile of PO (Probationary Officer) is General Banking, administration work and any other work assigned by the Bank from time to time.The procedure for recruiting Probationary Officers in India is usually done through conducting a written test and then a round of interview. Most banks conduct interviews to recruit fresher’s for the above position and they have similar test formats. The details of the test are first advertised on the major newspapers across India, so students kindly keeping looking through the papers on an everyday basis to get to know the dates.
As said earlier the candidates are selected on the basis of written test & interview. Almost every bank has same pattern of written test. It consists of objective test & descriptive test.
The Objective Test generally carries of 200 – 250 marks & duration is for 2 – 3 hrs. The questions are on the basis of reasoning aptitude, general awareness, English language & quantitative aptitude. Also there will be negative marking for each wrong answer.
The Descriptive Test is of 1hr generally & questions are essay type based on comprehension in English.
The following should be taken care of while preparing for the PO exam:
- Reasoning Aptitude: In this section, questions are basically of diagrams, analysis, statements etc. You should show presence of mind & carefully attempt the questions by using your sense of logic and reasoning capacities. You can brush through and solve previous years question papers to get a hang of the format.
- General Awareness: For preparing this section, the best is to read the newspaper daily & find out the current affairs in banking sectors, global business, money markets and also other general knowledge subjects like politics, sports etc.
- English language: This section covers questions on English grammar. Vocabulary, synonyms, antonyms etc. The simple grammar book is sufficient for preparation.
- Quantitative Aptitude: In this, maths of Xth Std will be asked like algebra, profit loss, percentage etc. Class Xth maths book is the source to prepare for it.
- R. S. Agarwal series on arithmetic, reasoning and Basic English.
- BSC series of reasoning and English.
- Bank PO Exam Preparation by Aditya Publications.
- Quantitative Aptitude for competitive exams from Abhijit Guha.
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