Current Affairs PDF

IBPS PO V Interview Experience shared by Viraj

AffairsCloud YouTube Channel - Click Here

AffairsCloud APP Click Here

Hi friends! Our reader Viraj  shared interview experience that he had during IBPS PO Interview. You can learn from his experience and find a way for yourself as well in the upcoming days.




  • DATE: 20/01/2016
  • TIME: 8.30AM

I reached the venue at 8:15am and document verification started at 9:00am. Everything went nice.

There were 3 panels who were taking interviews and in each panel there were 20 candidates. I was in “Panel-1”. My No was 8.  Waited for 2 hrs and my turn came at 11.15am.

Me: May I come in, Sir.

M1: NO, just a minute. (Don’t know what to say was very scared just waited. Then bell rang and the guy who was assisting us told me to go inside.)

Me: May I come in sir?

M1: Please come in, have a seat.

Me: Wished them good morning. There were 5 members ,4 male and 1 female. Only one of them was wearing suit, I think he was chairman of the panel.

M1 : Viraj. At last! We got a commerce student.  Fed up with these engineering students.

(I think they must have had a bad experience about earlier students who were before me.) I was in heaven felt so good can’t explain….

M1: Don’t know why so many engineering students want to join bank.

Me: With a smile, I don’t know sir, maybe there are no jobs in their field.

M2: And why so few commerce?

Me: Again with smile, I don’t know sir, I think they are not aware about banking jobs.

M1, M2, M3 were discussing among them self about engineering student. Just kept listening .

M3 said to M1 that there is nothing wrong for engineers to join bank. There are few jobs and that too they are not secured. M2 interrupted him and said but sir these commerce students don’t need any special training .

I was on cloud 9. God I was feeling so happy. Their conversation stopped. Then

M1: Viraj in commerce economics must be one of your subjects, so tell me what is micro economics and micro economics?

(Not at all expected. Didn’t even ask for introduction)

Me: Sir, micro is a small term trade between retailer and consumer, and micro economics means trade between countries. (I think they were not convinced. M1 made me repeat this 2 times. He still didn’t get it.)

M1: Micro means

Me: small

M1: and macro means

Me: large (I think he still didn’t get it. Made me spell micro and macro.)

M1: what is difference between hypothecation and pledge?

Me: Sir, if you get loan for car or bike and if you default on payment then bank takes away your car or bike, that is pledge. Oh no sorry sorry.. sir that is hypothecation. And pledge is where you keep collateral for loan.

M1: Then what is mortgage?

Me: Sir it is for immovable property like house ,factory

M1: What is LLP ?

Me: I don’t know sir. (Only god knows what LLP is.. Later found out after interview that LLP means limited liability partnership.)

M1: What is contingent liability?

Me: Sir, these are not liabilities. M1 interrupted then why it is called liability ? Sir they are not actual liabilities but can become a liability in future. Sir if a person make a claim of say Rs.5000 on company and that case is pending in court, the court may give any decision so this Rs.5000 is uncertain. That 5000 is contingent liability.

M1: Where it appears in balance sheet?

Me: Sir, it doesn’t appear in balance sheet. It is only added as a foot note in balance sheet.

M2: What is MSP?

Me: Sir, its minimum support price which govt decides for certain agricultural product.

M2: What product?

Me: Sir, rice , wheat pulses.

M2: And cotton

Me: I don’t now sir

M2: What about sugarcane, who decides their price?

Me: Don’t know sir. I think economics affairs dept. (M2 Didn’t look happy)

M3: What is GDP?

Me: Told

M3: What does balance sheet contain?

Me: Told , assets, liabilities etc. etc.

M2 again: wWhen you completed your graduation?

Me: Sir 2012

M2: Then what were you doing for so many years?

Me: Sir, preparing for competitive examination.

M1, M2: Started laughing for 3 yrs you are studying?

Me: sir, competition is very tough.

M2: I see you have worked for wipro bpo, for 1 ½ years .why did you left your job ?

Me: sir the process which I was working got shifted to manila- phillipines , also I have to work at night. 8 pm to 6 am. Also it is not a secured job.

M2: Then why did you join a bpo if you know they have night shifts?

Me: sir, when I was completing my graduation the was a big craze about bpo , where these companies used to come to our campus and hire young under graduated. You earn 15- 16K at such young age your lifestile changes. Easy money…….that’s why I joined bpo.

Madam: Exactly what you used to do in wipro?

Me: Told, used to work for airlines process.

Madam: There must be passengers who shout at you if their flight get canceled, then what you do, how you handle such passengers?

Me: Mam, I first apologise them tell them the reason why flight is canceled. Find some other option what I can do, also sometimes we can’t do anything, but still I pretend that I am helping them. Make them fill that someone helping them.

M4: Can you tell me names of deputy governors?

Me:  Told.

M1: ok viraj, you can go now , all the best.

THANK YOU Viraj for sharing your Interview Experience with us.

All the Best :)