Bank PO Questions


Q:

Which ideas or initiatives you've led and what was the outcome?

Answer

In your answer, you need to show not only that you are capable of coming up with good ideas, but also that you can persuade other people to give you a chance to put them into action. Describe your most unique idea and initiative that gave the best results for the company. Make sure you highlight your creativity, your results, your diligence and your ability to execute.

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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:

What differentiates you from the competition?

Answer

In most cases, you will have no idea who you are competing with for a particular job. So this type of question really gives you a chance to open-up your strengths as a candidate with an emphasis on any assets that might separate you from the typical applicant. Think about what you bring to the table that you truly believe is unique - the easiest way to do is to think of your own personal stories that demonstrate your work ethic, skills, and dedication. Most people have some or all of those skills, but the unique stories are what make people stand out in interviews.

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Subject: Decisiveness Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO , IT Trainer , Project Manager

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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

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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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