Ans : NBFCs lend and make investments and hence their activities are akin to that of banks; however there are a few differences as given below:NBFC cannot accept demand deposits;
Showing posts with label bank interview. Show all posts
Showing posts with label bank interview. Show all posts
Tuesday, 1 April 2014
Bank Interview Quesiton : What is difference b/w banks & NBFCs
Ans : NBFCs lend and make investments and hence their activities are akin to that of banks; however there are a few differences as given below:NBFC cannot accept demand deposits;
Bank Interview Question : What is a NBFC ?
Ques) What is a Non-Banking Financial Company (NBFC)?
Ans : A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of
shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. A non-banking institution which is a company and has principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions or in any other manner, is also a non-banking financial company (Residuary non-banking company).
Ans : A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 engaged in the business of loans and advances, acquisition of
shares/stocks/bonds/debentures/securities issued by Government or local authority or other marketable securities of a like nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal business is that of agriculture activity, industrial activity, purchase or sale of any goods (other than securities) or providing any services and sale/purchase/construction of immovable property. A non-banking institution which is a company and has principal business of receiving deposits under any scheme or arrangement in one lump sum or in installments by way of contributions or in any other manner, is also a non-banking financial company (Residuary non-banking company).
Bank Interview Question : Wat is difference b/w Cheque & Demand Draft?
Ans : Cheque: Cheuqe is a negotiable instrument instructing a bank to pay a specific amount from a specific account held in the maker/depositor name with that Bank.
Tuesday, 17 December 2013
How to answer Question Tell me about Yourself during Job Interview
How to Give reply of the very first question " Tell Me about Yourself " :
Good morning sir/madam.
First I would like to thank you for given this opportunity to introduce myself in front of you,
Myself Geeta kagithala. I have completed my graduation in chemistry from andhra university,
My native place is srikakulam and coming to my family I am elder daughter to by parents. By father is a farmer and my mother is home maker,
Coming to my hobbies reading competitive books and listening music,
My strength is my confident,
My goal to become a good public servant,
That is about myself thanking you sir/madam.
Saturday, 14 December 2013
IBPS Bank PO Interview Preparation and Interview Questions
In IBPS PO interview, the candidate might face questions from various fields. The questions can be asked by candidate On personal nature, on qualifications of the candidate, on past experiences, questions on banking awareness.
Friday, 14 June 2013
Crack Bank Interviews General Questions Behaviour Questions
Banking Interviews ;
Banking Interviews are meant to gauge the potential of the candidates to see if he / she has the skills to be placed in any suitable post in the bank . Banking Interview questions are meant to measure attitude , skill and adjustability of the candidate , t draw a conclusion on his / her suitability in the bank . The interviewers will ask as many questions they think is necessary before recruiting any candidate as they are concerned with the fact the quality and the skills of the employees will determine the future of the bank.
General Questions :
- Why did you choose banking as your profession ?
- Do you have any previous experience ?
- Why you left your previous job ?
- Why do you want to work for us ?
- How long will you stay with us ?
- where you see yourself in another five years ?
Behavior Questions :
- Do you think you have leadership quality ?
- Can you explain a situation in which you displayed leadership quality ?
- Do you think you can perform well in a group ?
- what is your most noted accomplishment ?
- What are your positive traits or weaknesses?e bank which other people can't ?
- Explain an example when you had a personal conflict and how to resolved it ?
- Tell a time when you had an ethical dilemma and how to resolved it .
- What type of person do you find difficult to get along with ?
Interview Cracker Tips For Facing The Bank Interview
Interview :
- An interview is a conversation between two or more people where questions are asked by the interviewer to obtain information from the interviewee .