How to prepare for Bank of Baroda PO exam interview

I am going to appear in Bank of Baroda PO interview. So I need to get some interview question. So here can you provide me some questions?

[sumit]

I have many Bank of Baroda PO interview questions. So here I am providing you as you want.


Interview question;

Q. How long were you sitting outside?

Ans. Sir, about two hours.


Q. Have you chatted with the aspirants sitting outside & what did you notice in them?

Ans. Yes Sir, I have conversed with some people & the interesting thing that I found in them was, all have professional courses like MBA, B.E, Chartered Accountants, and Engineering.


Q. So what do you think? How will you compete with those guys, being a plain commerce graduate ?

Ans. Sir, Being a Commerce student I have an upper hand over them as they are aspiring to come into a field which is more related to commerce stream.



Q. So what were your subjects in Commerce?

Ans. I had Direct & Indirect Taxes, Financial Accounting, Management Accounting, Economics etc.



Q. Can you tell me what a Direct tax is?

Ans. Sir Taxes which are directly imposed on the people in the form of Income tax etc.



Q. What is VAT?

Ans. Value Added Tax



Q. Who charges VAT & where it goes finally?

Ans. While state Governments charge VAT , it finally goes to Central Govt.



Q. What is the concept of VAT?

Ans. It is a tax charged over the margin of the producer, wholesaler & retailer which is finally paid by the end user for a product.



Q. What is GDP & what is the meaning?

Ans. GDP is Gross Domestic Product & it means all goods & services that are produced in a country over a period of time.



Q. You are working as a clerk for Corporation Bank.Do you have any idea about latest trends in clearing system?

Ans. Yes Sir.It is Cheque Truncation & it is the concept wherein the image of a cheque is sent through mail to the other bank for faster clearance.



Q. Has your Bank started with the same system?

Ans. Sir, On a trial basis it has been started in parts of New Delhi.It may be implemented across the country by mid of 2013.



Q. What is Sales Tax?

Ans. Sorry Sir. I have gone through it but do not hold proper answer for the same.



Q. You have a good score. Which other PO interviews for PO have you attended?

Ans. Sir this is my second interview because prior to this I was not able to fill applications as most banks placed percentage criteria in graduation.



Q. Which interview you have given before this?

Ans. Sir it was Allahabad Bank



Q. So if you are given an option to join both the banks, which one will you prefer?

Ans. I would love to go with Bank of Baroda.



Q. If you are posted in any rural branch, are you ready for it?

Ans. Yes Sir I am ready for the same.



Interview question;



What is negotiable instruments?

What are the types of negotiable instruments?

What is Monetary Policy?

What is Fiscal Policy?

Repo rate & reverse repo rate?

LAF?

CRR, SLR, Base Rate, Deposit Rate, Basis Points, Treasury Bill, Banking Ombudsman

Scheme, Inflation, Deflation, FDI, FII, GDP etc

Is stamping necessary in bill of exchange?

Does BoB deal in insurance ?

What is KYC?

What is call money? Who issues it ?

What will happen if rates are increased or decreased by RBI?

What is cross selling?

Which area is important for banking rural or urban?

Is insurance should be the prime focus for banking?

What is demand and time liabilities?

What is Money Laundering?

What is RuPay card?

What is SWIFT?