Karnataka Bank Interview Questions, Process, and Tips

Banking aptitude, Reasoning, and English

Q1. What is Banking ?
Ans. 
Banking is a financial service industry that deals with managing money, providing loans, and facilitating transactions.
• Banking involves accepting deposits from customers and lending money to individuals and businesses.

• Banks provide various financial services such as savings accounts, checking accounts, loans, and credit cards.

• They also facilitate electronic transactions, wire transfers, and currency exchange.

• Banking in...read more
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Q2. What are all the products available in our bank ?
Ans. 
Our bank offers a wide range of products including savings accounts, checking accounts, loans, credit cards, and investment options.
• Savings accounts

• Checking accounts

• Loans

• Credit cards

• Investment options
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Guesstimate on pre approved personal loan

Q1. Guesstimate on pre approved pl
Ans. 
I would estimate the pre-approved PL based on historical data, market trends, and current economic conditions.
• Consider the average pre-approved PL amounts from previous years

• Analyze the current market trends and interest rates to predict potential PL amounts

• Take into account the economic conditions and potential changes in lending policies

• Consult with financial experts or analysts for more accurate estimations
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Q2. Gues on pre approved pl
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Q1. Cultural fitment round done
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Q2. Cultural fitment round done over here
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Q1. Explain yourself
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Statistics tally Excel

Q1. Questions related to accounts ledger trial balance balance sheet banking related knowledge then questions about csr activities
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Q2. What is trial balance
Ans. 
Trial balance is a statement that lists all the general ledger accounts and their balances to ensure they are in balance.
• Trial balance is prepared at the end of an accounting period.

• It includes all the accounts from the general ledger, such as assets, liabilities, equity, revenues, and expenses.

• The purpose of a trial balance is to check the accuracy of the recorded transactions and ensure that debits equal credits.

• If t...read more
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Q3. Journal entry of purchase and sale
Ans. 
A journal entry of purchase and sale records the transactions related to buying and selling of goods or services.
• Journal entry of purchase and sale is a common accounting practice.

• It involves recording the details of purchases and sales in the general ledger.

• The entry includes the date, description, amount, and accounts affected.

• For example, a purchase journal entry may include the debit of an inventory account and the...read more
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Q1. Accounts ledger trial balance balance sheet related questions
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