Hi friends! Our reader Vinay shared interview experience that he had during IBPS PO V Interview. You can learn from his experience and find a way for yourself as well in the upcoming days.
- Name: Vinay Kumar Sah (Disqus name- jini)
- Venue: Guwahati, Assam
- Time: 1:00 pm
- Panel Members : 5(4M, 1F)
Interview started around 3:30pm. (oldest member while going through my papers) started with INTRO.
M1: Qualification(2012 pass out so what you did 3 years and currently what are you doing)
M2: Father’s occupation
Me: (went in detail of everything)
M1: Natural resources of Assam?
ME: Oil and Tea (First oil refinery of India is near to my home only n Assam is full of tea gardens.. I answered him with place names)
M1: So, how govt receives taxes from them?
Me: In oil, taxes goes to both centre as well as state…(as soon as i finished my ans he said good but for TEA privatization is happening so it ll be different na) for tea, as privatization is happening so, govt. receives indirect taxes..
M1: Indirect taxes…good
ME: Direct Benefit Transfer, explained with LPG subsidy example and advantages of DBT.
M1: Current Repo rate?
M3: Repo rate definition?
M3: How customers are benefited?
ME: REDUCTION IN INTEREST RATES.
L: How banks are benefited?
ME: banks transfers only a part of reduction(of repo) to its customers.. so both bank as well as gets benefited..
M3: SARFAESI act?
ME: Answered full form with its use and year of implementation.
M1: Banking act (actually he wanted to ask banking regulation act)?
ME: Blank, no idea. (i thought he is asking for RBI act and said 1934 but he answered its 1949… had little conversation on this)
M4: Financial inclusion?
ME: Answered in detail with PMJDY with all its stats…..
Oldest member…. Ok thank you Vinay. All the best.
Thank You Vinay for sharing your Interview Experience with us.
All the Best :)