Bank Interview questions and Their Answers Recruitment 2014 Here we are listing some topics that are being asked in the currently on-going Interviews of IBPS qualified candidates for PO and Clerical Posts. As per response received from our readers, we are listing common questions being asked frequently in Interviews.. *.There are severe important questions that might be asked based upon feedback from previous interviews. Some are - *.If you are working, why you want to leave your current job ? *.Why banking sector and how you are the right person for it ? *.What is your father's Job Background ? *.What are NPA (Non-Performing Assets), how can u use technical knowledge in correcting the balance sheet? *.How Can NPA be reduced ? *.For unemployed people, which plans are addopted by government ? *.Tell us About your native place and famous places near to it. *.What was the Headline in Today's Newspaper?(Main Page and Financial Page Both). *.What are functions of Banks and How does banking effect the economy of the country? *.Difference between Fiscal and Moinetary Policy ? *.Number of Districts in Your and Nearby States ? Governor, Chief Minsiter and Other Ministers of Your State (Like Education, Tourism Ministers )? *.Latest Noble Prize Winners, Padam Awards Winners, Miss India, Miss World Miss Universe Etc. *.How is Future growth of commercial banks in India and any hurdles to it ? *.Banks VS NBFCs (Non Banking Finance Companies) ? *.Questions About Budget 2013 - 14 and current five year plan. *.Difference between Cheques, DD, Bill of Exchanges and Certificate of Deposit ? *.Direct and Indirect Taxes In India. *.Important People of India - Chief of Planning Commission and Election Commission Etc. CM and Governors of All States. *.Where you want to see yourself after 5 Years? *.Your Strengths and Weakness ? *.RBI's Role in Economy. *.If you get a better job in Public Sector (IAS/PCS Etc.), will you leave us ? *.Important Banking Terms - *.GAAR (General Anti - Avoidance Rule) and GST (Goods and Service Tax) *.CAR (Capital Adequacy Ratio) *.Balance Sheet and NPA ? *.BASEL Norms (Basel 1,2,3) *.Banking Regulation Act, Money Laundering, Financial Inclusion *.SARFAESI ACT (The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act) *.Roles of RBI, NABARD, SEBI, IRDA. *.Bank Account Types and Rate of Interests on Them *.CTS (Cheque Truncation System ) *.What is INFLATION ? It is good or Bad ?and how can it be controlled ? *.What is FDI ?Is it Good or Bad ? Limit of FDI in various Sectors in India ?How is it Different From FII ? *.What is Stock Exchange ? How many are there in India ? Number of Shares on NSE and BSE ?