ESAF Small Finance Bank Officer Interview Questions and Answers

Q1. How many nominee required to open account
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Q2. Soild note how to identify
Ans. 
Solid notes can be identified by their clear and concise information, organized structure, and relevance to the topic.
• Look for notes that are well-organized with headings, bullet points, or numbered lists.

• Check if the notes contain key information related to the topic or subject matter.

• Solid notes should be easy to read and understand, with important points highlighted or emphasized.

• Avoid notes that are messy, disorgan...read more
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Q3. What the difference between Repo rate & reverse repo rate
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Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which commercial banks can park their excess funds with the central bank.
• Repo rate is used by the central bank to control inflation and liquidity in the economy.

• Reverse repo rate is used by the central bank to absorb excess liquidity from the market.

• Repo rate is higher than reverse repo rate.

• Example: ...read more
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Q1. Difference between cheque and dd
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Cheque is a negotiable instrument where the payment is made directly from the payer's account, while a demand draft is a prepaid instrument where the payment is guaranteed by the issuing bank.
• Cheque is drawn by the account holder on his own account, while a demand draft is issued by the bank on behalf of the payer.

• Cheque can bounce if there are insufficient funds in the account, while a demand draft is prepaid and guar...read more
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Q2. About Mutual funds
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Q1. General question Tell me about yourself
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Q1. About Accounts Debitor creditor
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Q2. Mutual funds types
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Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.
• Mutual funds can be categorized into equity funds, bond funds, money market funds, and balanced funds.

• Equity funds invest primarily in stocks, offering potential for high returns but also higher risk.

• Bond funds invest in fixed-income securities like government or corpor...read more
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Q3. What is mutual funds
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Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.
• Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

• Investors can buy shares of mutual funds, which represent a portion of the holdings in the fund.

• Mutual funds offer diversification, liquidity, and professiona...read more
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Q4. Explain in deep
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The question is asking for a detailed explanation of a topic or concept.
• Provide a thorough analysis of the topic, including background information, key points, and examples

• Break down complex ideas into simpler terms for better understanding

• Use visuals or diagrams to aid in explanation if necessary
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Multiple choice questions

Q1. Tell me abt urself,Why SCB, educational background
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