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Future Bankers || ibps 2015 Interview Tips || Whatsapp Group

Whatever we share in the WhatsApp group will be reflected here for preparation, as we don't have time to scroll back in the WhatsApp to reading all the messages we will be having all the content related to the interview here also for quick revision. Day by day all the content will be updated. Start preparing today to rock in the interview to have a leading position in the interview.

updated as on || 10-01-2021||11:50 pm

We will discuss the recent questions asked in BANKING INTERVIEW IBPS and RRB interview 2020:

TOPIC::Payment and Settlements System

For improving the economy of the country.
offline: cheques
Online: phone banking, internet banking, SMS alerts from the bank all these come under the payment and settlement system. RBI is the  apex body that undertakes payment and settlement system under the ACT 2006 PSS

Topic::Functions of Regional Rural Bank

  1. Rural banks encourage rural and semi-urban people to save their money with the bank.
  2. It attracts rural people with low-interest rates
  3. If there is no commercial bank in any rural area then RRB's services are offered at the doorsteps. That means they visit each customer's house in the rural area.
  4. RRB gives loans to farmers and hard-working daily agricultural workers.
  5. It helps small business entrepreneurs to have loans and expand their business in the rural area

Topic:: Banking Regulation ACT 1949

Banking regulation involves all about the companies which make money transactions with the banks. These companies should undergo the Banking Regulation Act of 1949. This act applies to SBI, Nationalised banks, and Banking Regulation Act 1949 does not have any power in co-operative land mortgage banks and agricultural societies.

Topic::Why SIDBI established
  1. Small industries and development bank of India is established for the promotion of employment in the industrial sector.
  2. It monitors subsidy schemes such as for textiles, food processing industry.
  3. It helps the startups by providing seed capital and technical support to them.