IBPS PO V- Expected Interview Questions with answers

By Neeraj Mishra|Updated : January 15th, 2016


Qs 1. What is the difference between Bank Rate and Repo Rate?

Sample Answer – As given by Shanmukhapriya V

Bank rate is the rate at which banks usually borrow money from Reserve bank of India when they have shortage of funds. The bank rate is used for long term purposes that are from 90 days to one year; whereas repo rate is the rate at which banks borrow from RBI for a short time period that is one day to 90 days.


As given by Vikash3282

Bank rate and repo rate is one of the tools of RBI to control monetary policy and control cash flow of the market.

Repo rate is a rate at which RBI lends money to bank to meet the short term goal of bank. For the loan bank have to give security to RBI on the basis of that security RBI Lend money to bank (That security is not from SLR security Quota). Duration for this loan – 2 days to 90 days. Bank rate is a rate at which RBI lends money to bank for long term goal of bank without any security provided by bank. Its duration is 90 days to 180 days. Repo rate is Policy rate and on bank rate RBI is taking interest 1% more than repo rate.

Qs 2. What role does a Bank play in empowerment of woman?

Sample Answer – As given by abhi1103

These days bank is not limited to a profitable organization but it also endeavors for the upliftment of social status of weaker section and women empowerment. As there are many schemes being proposed by bank to empower women and to bring them in mainstream of economy. E.g. lending rates for women customers are comparatively low

Setting up special bank for women which main goal is to bring more women to banking stream and provide them loans so that they can start up their own enterprises in the quest of becoming financially independent. Bhartiya Mahilla bank is the bank dedicated to the women mainly. Moreover CEO and chairperson of many banks are women which definitely project the firm image of the women in society. Mrs. Arundhati Bhattacharya, chairperson of SBI, has been ranked as the most powerful women in India followed by Mrs. Chanda Kocchar CEO of ICICI Bank.

Usha Ananthasubramanian, Shikha Sharma, Naina Lal Kidwai are the examples of women empowerment in the banking institution in India.


As given by $urv!vor:)

Bank plays a pivotal role in helping women achieve economic independence. It promote women development in a big way by extending them financial support right from their early days by providing various schemes for girl child (like Sukanya Samridhi Yojna) & theneducation loan & various job opportunities in the later stages .Apart from this providing various schemes to strengthen women entrepreneur like Self Help Group. All this not only make them financially strong but also build a self confidence in themselves, that despite the numerous constraints & challenges faced by them they can not only run a family effectively but also can run their professional life as well.

Qs 3. What are your views on Yuan’s inclusion in SDR?

Sample Answer – As given by ##Ni*kS##

Introduction of Yuan in currency basket will reduce the dependence of Indian rupee on US dollar. With the increasing corporate activities and ties between China and India, this will benefit India. Also the trade between India and China will make a SDR currency to come in our foreign reserve and make our economy stronger.


As given by Divaker

China is the world’s second largest economy and its share in global trade is rising.

1- The inclusion of the Renminbi will enhance the attractiveness of the SDR by diversifying the basket and making it more representative.

2-China now has five offshore Yuan trading centers viz., Hong Kong, London, Singapore, Taiwan and Sydney.

3- In 2013, the Yuan overtook the euro as the world’s second-most used currency in traditional trade finance.


All the Best



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