Answer / deepika

Hai Neha,
The questions which u have asked were already discussed by
pankaj and others, i think u did not check it out, 104
questiion, do not worry i am pasting the same over here.

Repo Rate is the rate at which the RBI buys government
securities from the market to infuse liquidity in the
system.

Reverse Repo rate is the rate at which the RBI absorbs
excess bank funds by selling government securities in the
market.

Cash Reserve Ratio is the percentage of bank deposits which
are statutorily parked with the RBI as reserve.

What is Repo Rate?
Ans:- Whenever the banks have any shortage of funds they can
borrow it from RBI. Repo rate is the rate at which our banks
borrow rupees from RBI. A reduction in the repo rate will
help banks to get money at a cheaper rate. When the repo
rate increases borrowing from RBI becomes more expensive.

2. What is Cash Reverse Ratio?
Ans:- Cash reserve Ratio (CRR) is the amount of funds that
the banks have to keep with RBI. If RBI decides to increase
the percent of this, the available amount with the banks
comes down. RBI is using this method (increase of CRR rate),
to drain out the excessive money from the banks.

3. What is Reverse Repo rate?
Ans:- Reverse Repo rate is the rate at which Reserve Bank of
India (RBI) borrows money from banks. Banks are always happy
to lend money to RBI since their money are in safe hands
with a good interest. An increase in Reverse repo rate can
cause the banks to transfer more funds to RBI due to this
attractive interest rates. It can cause the money to be
drawn out of the banking system.
Due to this fine tuning of RBI using its tools of CRR, Bank
Rate, Repo Rate and Reverse Repo rate our banks adjust their
lending or investment rates for common man.

4. What is Inflation?
Ans:- Inflation is defined as an increase in the price of
bunch of Goods and services that projects the Indian
economy. An increase in inflation figures occurs when there
is an increase in the average level of prices in Goods and
services. Inflation happens when there are less Goods and
more buyers, this will result in increase in the price of
Goods, since there is more demand and less supply of the goods.

5. What is a Bank Rate?
Ans:- Bank rate is the rate at which RBI gives to the
commercial banks. Whenever RBI increases its rates, the
effect will be shown on the commercial banks. In this case,
the commercial banks have to increase the interest rates for
their profits.

Ok, prepare well.

Answer / writing_student

Hello Neha,
Same here. I have done B.Tech Computer Science Engg.-going
for this interview- as I still have a couple of papers left
in my 'credit'.I have interview on 17th. I will certainly
let you if they ask questions on computer.
All the Best!

Answer / mohan

but our written was for 200 marks. then what is 65

Answer / neha

no it's not oficially declrd but i came to know through a frnd

Answer / harish

i dont think that is rank .how can u say that 2990 is ur
rank

Answer / deepika

Hahahahahahah.........
It is not a rank it is the sorted out list of our
applications, ur number is 2990 that means there are 2990
candidates who are qualified before u and it is according to
our application number series.

Answer / deepika

Hai Neha,

Is it clearrrrrrrrrrrr. Do not worry about that 4 dig
number it is simply the number inorder to make thier process
more easy. So leave that and prepare well for the interview.


Best of luck.

Byeeeeeeeeee------------------

Answer / piyush moyade

Hi neha, This is piyush,how was ur interview?Which type of
question they asked?i have to attend on 22....

Answer / neha

hello frnds ystrdy i gave my intrvw
they are just cool and aked just general questions
1. crr
2. chairman of sbi
3.it in banking
4. 1 gb
5.economic crisis
6.my current emoloyer
7.what is banking

so frnd don't be nervous and good luck

Answer / deepika

Hai Lnramesh,

This is Deepika here again, I belong to Andhrapradesh, my 4 digit number is 1718, belong to OBC, female and I gave my interview on 13 the very first day of the schedule.

Any one can tell me thatwhen will the results of selection declared for Stata Bank of India.My EMAIL ID is deepgsan@yahoo.com.Please send me some reasonable answer

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