SBI PO Interview Preparation 2017: State Bank of India Probationary Officers’ recruitment process has reached its final leg. After qualifying the SBI PO mains exam, the shortlisted candidates are called for the further round i.e The Interview/ GD. The Group Exercises/Discussions and Interviews (Phase-III) will be conducted from 04th September 2017 at selected centers.
The final phase of the selection process (Phase III) of SBI PO Recruitment Exam 2017 is wound up in an Interview round. Studying for the exam from a pre-determined syllabus can be considered relatively stress-free as we know the topics from which questions can be expected but in the interview, it is practically impossible to predict the questions that can be asked by the panel. In today’s article, we are focusing on the list of Frequently asked interview questions & tips which will help you to prepare for SBI PO 2017 Interview round efficiently.
SBI PO Interview Preparation Tips 2017
A candidate will be asked various questions related to banking, but first and foremost he/she will definitely prepare for the basic ones.
The question is “Tell us something about yourself?”. Almost every aspirant is asked this question and one must try to keep the description short.
- One must not recite the same things as written in the resume as they have already been read by the panel.
- Tell them about your family background, education and other achievements.
- Always pay attention while writing your resume as most of the questions asked by the panel will revolve around on what is written in your resume.
- Be thorough with what you have written to avoid giving wrong answers.
Knowledge About State Bank of India
- Always do your homework and try to gather maximum info about the organization & post that you have applied for before going for an interview.
- Read about the history, main members, objective and future goals. This will illustrate your interest in joining the organization.
- Visit the official website to know more about the organization.
Strengths and Weaknesses
This question is somewhat tricky and can lead you to the problem if not answered carefully.
- Always try to present a strength which is good for a banking job. Never mention wrong details as cross-questioning can land you in trouble.
- You can give an example of your previous work where you were able to portray your strength.
- Be prepared as the panel can also ask you questions on how your qualities will be able beneficial to the bank.
- For weakness, try to answer with a reply that doesn’t give a bad impression. Never say no as this will leave them with an impression that you are not ready to share your weakness with them. And after you mention your weakness, don’t forget to mention on how you are working towards improving yourself.
Why do you wish to opt for a Bank job?
Many aspirants are asked this question who belong to fields that are not related to banking.
- You will come across questions like “Why are you applying for bank job with some other degree?” or, “Aren’t you overqualified for this job?”
- In this case, you must show that you are keen on joining banking industry and not because you didn’t have any other option.
- Also, be prepared to answer questions related to your field.
Where do you see Yourself after 5 years?
This question is typically asked in order to enquire an aspirant’s future apprehensions and his career plans.
- Always analyze the scope and possibilities before answering such a question and reply accordingly.
- Never reply that you want to be in where they are today as this answer isn’t going to impress them.
Why should we Hire you?
- Describe your qualities and qualification and sell them the idea of how these qualities can aid the goodwill of their bank.
- Compare your profile with the post and substantiate that how you can be a better preference for them.
- Cheque and Demand Draft
- Private and Nationalized Bank
- Sensex and Nifty
- Repo Rate and Reverse Repo Rate
- CRR, SLR and Bank Rate
- Challenges faced by banking industry
Important Banking Terms:
- GAAR (General Anti – Avoidance Rule), GDP 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
- Roles of RBI, NABARD, SEBI, IRDA.
- Bank Account Types and Rate of Interests on Them
- CTS (Cheque Truncation System)
- Info about FDI
Here we end up our article on SBI PO Interview Preparation Tips 2017. Stay connected for more information regarding PSB Recruitment 2016. To excel in Bank Examinations, download the Best SBI PO Exam Preparation App for free.