Candidates can effectively enhance their preparation by utilizing the IDBI Executive Interview Questions PDF and Answers which is accessible here. The Industrial Development Bank of India has initiated a recruitment process to discover qualified individuals for the executive position. The selection process for this recruitment will be done based on a written exam, document verification, personal interview, and pre-medical recruitment test. The online written exam has been successfully completed, and the interview is set to take place from the last week of December 2024 until January 6, 2025.  We have compiled a set of IDBI Executive interview questions and answers PDF, aimed at facilitating candidates' preparation for their imminent interviews. These questions aim to introduce you to the various types of questions that you might face throughout the interview process. Involving yourself with the IDBI Executive Interview Questions and Answers page can profoundly enhance your performance in the interview that awaits you.

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IDBI Executive Interview Questions and Answers

IDBI Executive Interview Questions and Answers PDF: Here, you will find a compilation of the most common questions that candidates are likely to face during interviews for IDBI Executive positions. The purpose of these questions is to offer you a clear insight into the various types of questions you might face, thereby enhancing your preparation efforts.

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1) Tell me about yourself.

Ans: Basically this is the first question every interviewee will face. To answer this, Give a brief introduction of yourself including your name, family profession, and family members, about your education and professional qualifications, experience,e and Field of interest.

2) What is your Father? And some questions about your family? 

Ans: You do not exaggerate things and this question will interrogate your current financial Status. Be genuine as this determines whether you are a stable employee for an organization.

3) What is your hobby?

Ans: Mention your hobbies carefully because the next question would be according to the one what you said. You must be well known with the facts your hobbies are related to. Mentioning a hobby just for the sake of doing it without a proper knowledge about it will be disastrous

4) What is your Strength and Weakness? 

Ans: Ans: Answer 2 or 3 which is related to your banking career and correlate your weakness with strength. Never give any negative answer which affects your results.

5) What is special about your hometown?

Ans: Be conscious while answering. Don’t answer unknowingly as the next question will be related the answer you give. You must be aware of the history and the famous items or famous places from your home town. You can also explain the crops cultivated from your hometown. The answer can be related to food, clothes, famous places, Industries etc.

6) Where do you see yourself in next five years?

Ans: This question mainly focuses on your career goals within this position. They will be intended to know that the position will satisfy you and that you will work hard and stay with the company for a long time. Give the practical answer from your side.

7) What have you been doing after graduation?

Ans: Be honest as your employment record is easy to check. If you have Gap in your academics due to preparation of Government Job. Be Ready with an appropriate Answer related to your gap, Specially Candidates with Technical background.

8) Why did you choose banking?

Ans: You can answer as it is one of the fastest growing sector and provides stable career oppurtunities with good growth prospects. But your answer should be straight answer without making it too dramatic.

9) Why should we hire you?

Ans: For this question, your answer must be relevant to your skills, qualification and knowledge. 

10) What is a Bank?

Ans: A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans.

11) What are the types of Banking?

Ans:

• Branch Banking
• Retail Banking
• Wholesale Banking
• Mixed Banking
• Unit Banking
• Relationship Banking
• Narrow Banking
• Para Banking
• Virtual Banking
• Chain Banking
• Correspondent Banking
• Rural Banking
• Islamic Banking
• Social Banking

12) What are the types of Accounts in banks? 

Ans:

• Savings Account
• Current Account
• Fixed Deposits
• Recurring Deposits

13) What is FDI?

Ans: Foreign direct investment (FDI) is when a company takes controlling ownership in a business entity in another country.

14) What is FPI?

Ans: Foreign portfolio investment (FPI) consists of securities and other financial assets held by investors in another country. It does not provide the investor with direct ownership of a company's assets and is relatively liquid depending on the volatility of the market 

15) What are the types of Cheque? 

Ans:

• Bearer Cheque
• Open Cheque
• Crossed Cheque
• Stale Cheque
• Post Dated Cheque
• Mutilated Cheque
• Order Cheque
• Anti Dated Cheque
• Travellers cheque

15) Difference between Payer and Payee. 

Ans: 

Payee: A person to whom money is paid or is to be paid, especially the person to whom a cheque is made payable.
Payer: A person or organization that gives someone money that is due for work done, goods received, or a debt incurred.

16) What do you mean by Overdraft?

Ans: An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. 

17) What is CBS?

Ans: CBS stands for Core Banking Solution, which is the networking of various bank branches through a robust IT infrastructure. It allows the customers to operate their bank accounts and avail the banking services with a centralized network.

18) What is meant by Non performing Assets?

Ans: A non performing asset (NPA) is a loan or advance for which the principal or interest payment remained overdue for a period of 90 days.

19) What are the functions of RBI? 

Ans:

• Banker's bank
• Issue of Bank Notes
• Banker to Government
• Custodian of Cash Reserves of Commercial Banks
• Custodian of Country’s Foreign Currency Reserves
• Lender of Last Resort
• Central Clearance and Accounts Settlement
• Controller of Credit

20) What is Repo Rate?

Ans: Repo rate is the Rate at which Reserve Bank of India lends money to commercial banks in India if they face a scarcity of funds.

FAQs - IDBI Executive Interview Questions 

Q. When is the IDBI Executive Interview 2024 scheduled to be conducted?

The IDBI Executive Interview 2024 is scheduled to be conducted from the last week of December 2024 to the 6th of January 2025.

Q. Can I get the IDBI Executive Interview Questions PDF and Answers?

Yes, you can get the IDBI Executive Interview Questions and Answers PDF provided above in this article.