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Old June 25th, 2016, 06:13 PM
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Join Date: May 2011
Default Re: Corporation Bank Clerk Interview Questions

As you are asking I am providing Corporation Bank Clerk Interview Questions
Which asking mostly:


1)Where was the Head Quarters of Corporation Bank located ?
A) Mangalore in karnataka state

2)Who is the Chairman of Corporation Bank ?
A) Shri Ramnath Pradeep appointed on Sept 1st 2010.

3) When did the bank came into existence ?
A) Established on 12th march 1906 at the temple town of UDIPI in karnataka state.

4) What was the coporation bank initial name?
A) Initially the name was “Canara Banking Corporation (Udipi) Limited” later In 1939, the Bank’s name changed from Canara Banking Corporation (Udipi) Ltd., to “Canara Banking Corporation Ltd.,” with the motto-“ Sarve Janah Sukhino Bhavantu” which means “Prosperity to All ” .The second change in the name of the Bank occurred in 1972, from ‘Canara Banking Corporation Ltd.’ to ‘Corporation Bank Limited.’ and finally ‘Corporation Bank’ following its nationalization on 15th April,1980.

5) When was nationalised corporation bank?
A) 15th April, 1980

6) Corporation bank “Corporate Vision”?
A) ” The Most Preferred Bank with Global Standards ”

7) could you tell about Network of Corporation bank?
A) The Bank with a Network of 1176 Branches,1159 ATM centers,and 1408 Grameen vikas kendras as on 30th Sept 2010 .with 10 million coustomers across india.

8) Why do you choose clerk job as your career ?
A)You just say, “Job Security and Job in Corporation bank is a privilege and it is a service to nation”

9)What do you think of the responsibilities / duties of a clerk job in the banking sector ?

10)How do you prove yourself as a successful employee ?

11)Tell us about yourself ?
A)Introduce yourself , your education, your current job,etc in a short and sweet manner.

12)Tell us about your schooling background ?

13)Tell us about your academic career ?

14)What are your hobbies ?

15)What are the primary functions of a commercial bank ?
A)The primary functions of a commercial bank include:
a) accepting deposits; and
b) granting loans and advances

16)What are the salient features of Indian Banking Sector ?

17)Can you explain the reforms that taken place in the Indian banking industry ?
A) The Narasimham Committee laid the foundation for the reformation of the Indian banking sector. Constituted in 1991, the Committee submitted two reports, in 1992 and 1998, which laid significant thrust on enhancing the efficiency and viability of the banking sector.

18)What are the functions of Reserve Bank of India ?
A)Mainly the functions of RBI are classified as follows:
Bank of Issue
Banker to Government
Bankers’ Bank and Lender of the Last Resort
Controller of Credit
Custodian of Foreign Reserves
Supervisory functions
Promotional functions

19)Tell some of the Qualitative methods used by RBI for credit control in the country ?

20)Tell some of the Quantitative methods used by RBI for credit control in the country ?

21)What is Bank rate ?
A) A Bank rate is the interest rate that is charged by a country’s central or federal bank on loans and advances to control money supply in the economy and the banking sector. This is typically done on a quarterly basis to control inflation and stabilize the country’s exchange rates. A fluctuation in bank rates triggers a ripple-effect as it impacts every sphere of a country’s economy. For instance, the prices in stock markets tend to react to interest rate changes. A change in bank rates affects customers as it influences prime interest rates for personal loans.

22)What is Cash Reserve Ratio – CRR?
A)The Cash Reserve Ratio (CRR) refers to the liquid cash that banks have to maintain with the Reserve Bank of India (RBI) as a certain percentage of their demand and time liabilities. For example if the CRR is 10% then a bank with net demand and time deposits of Rs 1,00,000 will have to deposit Rs 10,000 with the RBI as liquid cash.

23)What is Statutory Liquidity Ratio – SLR ?
A)Statutory Liquidity Ratio refers to the amount that the commercial banks require to maintain in the form of cash, or gold or govt. approved securities before providing credit to the customers. Statutory Liquidity Ratio is determined and maintained by the Reserve Bank of India in order to control the expansion of bank credit.

24)What is Repo rate ?
A)Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.The Reverse repo rate is the rate at which the central bank borrows from the banks, while the Repo rate is the rate at which the banks borrow from the central bank.

25)Can you explain the terms National bank, Scheduled bank, Commercial bank, Cooperative bank, Private bank, Foreign bank ?

26)What Is Inflation?
A)Inflation is increase in price of products & decrease in value of money.

27) Difference between Repo rate and Bank rate?
A)The Main difference between Repo rate and Bank rate is that Repo rate is the discounting offered by the RBI on the monetary bill hold by the Banks
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