Bank PO Questions


Q:

What do you do to improve your knowledge?

Answer

When an interviewer asks "What do you do to improve your knowledge", because it reflects the major thought process of a person and the way a person gains knowledge and the level to which one is accustomed to the current happenings in the world.


In my sense knowledge is not very much obtained through books or any websites. We can give some exercise to the brain so that we can gain knowledge.


It is essential to update oneself in order to cope up with this competitive world. First of all you should keep yourself updated with the new technological developments so that if the interviewer asks something concerning the current affairs, you can answer them.You can say that you visit various forums, blogs to keep yourself updated and improve your knowledge. It will be helpful if you have experience of such forums or blogs from before so that you can create a better impression in the minds of the interviewers.


It is said that interacting with people of different ages, different communities and different education levels a person can fetch huge knowledge.

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Q:

A profit maximizing firm will

A) Use less of an input B) Operates where marginal revenue equals marginal cost.
C) Increase in production D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

A firm maximizes profit by operating where marginal revenue equals marginal cost. They use less of an input in producing more products to increse their profits.

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Filed Under: Manufacturing
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 889
Q:

How do you inspire others to be better ?

Answer

Inspiration is powerful, but it isn’t easy. If you want to be a positive influence, capable of inspiring your loved ones to become better versions of themselves, please consider these:
- Be a good example.
- Read them.
- Care about others.
- Encouragement.
- Be inspired yourself.
- Share your own experience.
- Share your success as well as your failures.
- Be a good mentor.
- Make them to trust you.

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Subject: Motivation Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO

1 881
Q:

When have you had to adapt to change in the workplace?

Answer

Being able to adapt to change in the workplace is an essential skill to possess because change is inevitable. The interviewer would like to know about a time you were required to adapt to change in the workplace. 


Sample answer in my view is to be "In my current management position, it was a lot of change to handle in a short time, especially being unsure of who to report to ahead of others and it took a little while to adjust. The training component of my staff was not easy either. However, in the end, it was worth it to secure such a high profile."

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Q:

Why are you the best candidate for this position?

Answer

I am a fast learner, as I had to learn a totally new operating system in my last job and I was up and running within a couple of weeks.


 


As you require someone who can perform wide range of administrative work, I have a track record of carrying different tasks efficiently and effectively.


 


I have the right combination of skills and experiance for this job. I also bring the additional quality of strong analytical and problem solving ability as shown by my introduction of a more efficient work flow system at some company.

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Q:

What is cash budget ?

Answer

Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.

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Subject: Accounting and Finance Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

2 795
Q:

What are the qualities to be independent ?

Answer

The qualities that a person need, to be independent are:


- Have a mind of your own.
- Have the confidence to challenge accepted wisdom when required.
- Can effectively work alone when necessary.





 

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