Interview Questions.

Latest Syndicate Bank question papers, test pattern and Placement papers


Latest Syndicate Bank question papers, test pattern and Placement papers

Q1. What Are The Functions Of Reserve Bank Of India ?

Mainly the functions of RBI are categorized as follows:

Bank of Issue

Banker to Government

Bankers’ Bank and Lender of the Last Resort

Controller of Credit

Custodian of Foreign Reserves

Supervisory features

Promotional functions

Q2. What Is Repo Rate ?

Whenever the banks have any shortage of finances they could borrow it from the significant bank. Repo fee is the charge at which our banks borrow foreign money from the valuable bank. A reduction within the repo charge will assist banks to get Money at a less expensive rate. When the repo rate increases borrowing from the principal financial institution turns into extra pricey.The Reverse repo price is the fee at which the valuable bank borrows from the banks, at the same time as the Repo rate is the price at which the banks borrow from the vital bank.

Q3. Could You Tell About Network Of Syndicate Bank?

The general network of branches to over 2300.

Q4. Where Was The Head Quarters Of Syndicate Bank Located ?

Syndicate Bank Head Office Post Box No.1,MANIPAL 576 104 (Udupi Dist),Karnataka, INDIA

Q5. Why Do You Choose Po Job As Your Career ?

You simply say, “Job Security and Job in Syndicate financial institution is a privilege and it is a carrier to country”

Q6. What Is Bank Rate ?

A Bank rate is the interest fee this is charged by way of a rustic’s critical or federal bank on loans and advances to manipulate money supply within the economy and the banking quarter. This is commonly done on a quarterly foundation to govern inflation and stabilize the usa’s change fees. A fluctuation in bank costs triggers a ripple-effect because it affects each sphere of a country’s economic system. For example, the charges in inventory markets generally tend to react to hobby fee changes. A trade in bank quotes affects customers as it affects top interest charges for non-public loans.

Q7. What Is Inflation?

Inflation is boom in fee of merchandise & lower in price of money.

Q8. When Was Nationalised Syndicate Bank?

Bank was nationalised on nineteenth July 1969

Q9. When Did The Bank Came Into Existence ?

Syndicate Bank changed into mounted in 1925 in Udupi.Karnataka

Q10. What Was The Syndicate Bank Initial Name?

On 10.11.1925, the commercial enterprise of the Bank began in Udupi with the call “Canara Industrial and Banking Syndicate Ltd.,”a joint Stock Company with just one worker.Name of the Bank changed from “Canara Industrial &Banking syndicate Ltd.” to “Syndicate Bank Limited”. Head Office became shifted to Manipal on 19.Four.1964.

Q11. What Is A Bank?

A bank is a financial group whose primary activity is to act as a charge agent for customers and to borrow and lend money. It is an organization for receiving, maintaining, and lending money.

Q12. Important Terms?

SLR – Statutory liquidity ratio

CRR – Cash reserve ratio

Repo fee – It is the charge at which RBI lends money to Banks.

Reverse Repo Rate – It is the price at which Banks park their price range with RBI

Bank Rate – It is the fee at which RBI lends cash to Banks.

Call money rate – It is the rate of hobby charged by using the banks for temporary borrows among banks Ledger

Tender Money – Currency issued by means of RBI Optional Money – Cheques, DDs, Bankers Cheques

Plastic Money – Credit card, Debit card Credit card is ready made overdraft in e-shape for purchasing items and services by the card holder within detailed limits and in line with terms and conditions of the issuer Bank without having any account. Debit card is e-Cheque which may be used within the limits of the credit inside the account related to it for monetary transactions.

Core Banking – Networking of Banks for supplying any in which any time Banking is referred to as Core Banking.

Merchant Bank affords capital to companies in the form of stocks rather than cash.

Investment Banks tend to provide investment to corporations.

Corporate Banking appears after the desires of massive firms, organizations, business entities.

Business Banking looks after wishes of medium degree enterprise firms, entities, people.

Retail banking focuses to provide services to individuals.

Private banking focuses to offer services to excessive net well worth people.

Lead Banking specializes in supplying all type of monetary services.

Narrow Banking makes a speciality of a selected zone like Mortgage, Auto Finance and so on.

Q13. Syndicate Bank Line ?

“Your faithful and pleasant monetary associate”

Q14. What Are The Primary Functions Of A Commercial Bank ?

The primary features of a industrial financial institution encompass:

a) accepting deposits; and

b) granting loans and advances

Q15. Difference Between Repo Rate And Bank Rate?

The Main distinction between Repo rate and Bank price is that Repo fee is the discounting supplied by means of the RBI at the economic bill maintain via the Banks

Q16. Can You Explain The Reforms That Taken Place In The Indian Banking Industry ?

The Narasimham Committee laid the muse for the reformation of the Indian banking region. Constituted in 1991, the Committee submitted two reports, in 1992 and 1998, which laid sizable thrust on enhancing the efficiency and viability of the banking quarter.