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Reserve Bank of India Assistant Interview Questions and Answers

Updated 18 Jun 2017

Reserve Bank of India Assistant Interview Experiences

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Assistant Interview Questions & Answers

user image Anonymous

posted on 18 Jun 2017

I was interviewed in Nov 2016.

Interview Questionnaire 

7 Questions

  • Q1. Questions were related to hobbies
  • Q2. Questions were related to Banking and Finance
  • Q3. Roles of Reserve Bank of India
  • Ans. 

    The Reserve Bank of India (RBI) plays a crucial role in the Indian economy.

    • Formulating and implementing monetary policy

    • Regulating and supervising the banking system

    • Issuing and managing the Indian currency

    • Managing foreign exchange reserves

    • Promoting financial stability and development

    • Conducting research and analysis on economic and financial matters

  • Answered by AI
  • Q4. About its website
  • Q5. Banking technologies
  • Q6. Policy rates
  • Q7. Some questions were related to my graduation subjects

Interview Preparation Tips

Round: Test
Experience: I tried to attempt maximum number of questions from all the sections with a good accuracy
Tips: It is the game of speed and accuracy only
Duration: 2 hours
Total Questions: 200

Round: Technical Interview
Experience: I answered all the questions in a specific manner. I did not speak in an elaborated way as the questions were to be answered directly without mentioning other information. I had explained the things in the most simpled manner. I took a little time for framing a decent answer. Lots of other questions were also asked during the the discussion.
Tips: Candidates must have sound banking knowledge and should be aware of current happenings in the nation and the world. Confidence is checked in the interview so answers should be in a simplified way. A facused planning is very much required to face RBI's interview.

College Name: Shaheed Sukhdev College of Business Studies

Interview questions from similar companies

Interview Preparation Tips

Round: Test
Experience: National Level Exam for the selection of banking assistants

Skills: Banking, General Knowledge
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Consist of Five round Aptitude,Reasoning,English,Marketing and General Knowledge

Round 2 - Group Discussion 

Situation based Group discussion

Round 3 - Documentation 

(2 Questions)

  • Q1. MARKSHEET EVUALTION
  • Q2. Marks should be more than 60%
Round 4 - Personal Interview 

(2 Questions)

  • Q1. Are you ready to relocate
  • Q2. Stress Interview
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed before Apr 2023.

Round 1 - Aptitude Test 

Reasoning, numerical ability, Management ability

Round 2 - One-on-one 

(4 Questions)

  • Q1. State head interview
  • Q2. About years of experience
  • Q3. Process level check
  • Q4. Market anayalsis
Round 3 - One-on-one 

(4 Questions)

  • Q1. Regional head interview
  • Q2. WHY OFFER THIS POST??
  • Q3. HOW FAMILIAR WITH THAT MARKET
  • Ans. 

    I am very familiar with the market and have extensive experience working in this industry.

    • I have worked in this market for X years

    • I have a strong network of contacts in this industry

    • I have successfully launched multiple products in this market

    • I am aware of the current trends and challenges in this market

  • Answered by AI
  • Q4. PAST COMPANY PERFORMANCE AND RATINGS

I was interviewed in Mar 2022.

Round 1 - Aptitude Test 

Prelims consisting of English (30 Ques.), Quants (35 Q) and Reasoning (35Q)

Total 100 marks and 20 minutes for each section

Round 2 - Aptitude Test 

Mains of 225 marks
1) Quants
2) Reasoning
3) English
4) General Awareness
5) Descriptive Writing

Total duration 3 hrs + 30 mins.

Round 3 - One-on-one 

(7 Questions)

  • Q1. My name is Yash so aisa Yash laayak maine kya kaam kiya hai apne jeevan me
  • Q2. About my father's work as he work in RRB so some questions from RRB
  • Q3. Banking related questions 1) DD & cheque 2) MICR, IFSC, SWIFT 3) Allonge 4) OD and Cash credit 5) RBI governor 6) MPC Etc etc.
  • Q4. Why banking after engineering?
  • Ans. 

    Banking offers a challenging and dynamic career path with opportunities for growth and development.

    • Engineering provided a strong foundation in analytical and problem-solving skills.

    • Banking offers a diverse range of roles and responsibilities.

    • The banking industry is constantly evolving and offers opportunities to learn and adapt.

    • Banking provides a platform to contribute to the growth and development of the economy.

    • Perso

  • Answered by AI
  • Q5. Hobby related 3 questions
  • Q6. My preference order in choosing banks and justify the bank I chose at first and at last
  • Q7. Skills I acquired in pandemic
  • Ans. 

    During the pandemic, I developed skills in adaptability, remote communication, and time management.

    • Adaptability: I learned to quickly adjust to changing circumstances and work from home.

    • Remote communication: I became proficient in using video conferencing tools and communicating effectively with colleagues and clients remotely.

    • Time management: I learned to prioritize tasks and manage my time effectively while working f

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be honest and I literally mean it.
Those people are much much much experienced.

1) If they ask you why did you choose your graduation field then just tell the honest answer. Never lie to them or else they will ask you many questions from your graduation field and plenty of them to justify its relevancy with bank.

In my case I told that time it was my parents who took this decision considering Smart India Mission was on a roll and was good opportunity for civil engineering but later by the years as my cognitive thinking developed, I realised there were better options with a good pay that matches my skills.

See its true. Banking is rarely the first option for any aspirant during his initial days but accept it that banking welcomes you and provide you with good pay and opportunities apart from working for the people.

Be honest about it and the interview panel will understand and appreciate it because they all went through it and second thing the eligibility criteria is open to all otherwise they would have only gone for commerce students.


Remember the qualities of a banker-
a) Be honest (to your staff, to the customers, etc.)
b) Have a presence of mind
c) Be neutral (this can be known by the fact they'll ask you some controversial topics like Ukraine-Russia conflict, Sri lanka bankruptcy, etc). Tell them your answer but keeping in mind that you have to dodge the blame game.
d) Be confident while answering
e) Don't lie if you do not the know answer just tell them politely but do not do a guesswork because it will show that as a banker you may lie in future.

See all these questions are to check the certain qualities along with your courteousness and perseverance.

All the best to all. If there are more questions related to syllabus or interview related, feel free to msg on instagram- yash.sinha23


Thank you all and best of luck👍🏼

I was interviewed in Mar 2022.

Round 1 - Aptitude Test 

Prelims test of IBPS PO of 100 marks containing 3 sections; English, Quant, reasoning respectively.

Round 2 - Aptitude Test 

Mains examination containing 4 sections; Quant, reasoning, English, Banking Awareness.
And than was descriptive test where we have to write 1 essay and 1 application.

Round 3 - One-on-one 

(1 Question)

  • Q1. The questions were mostly asked from the resume itself and few question were related to current events.

Interview Preparation Tips

Interview preparation tips for other job seekers - This exam requires a 6 months of 3-4 hours per day study. Timetable will depends on individual 's capacity. But just little smart work will be a great advantage for an aspirants.
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via IBPS and was interviewed before Nov 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Banking related questions were more
  • Q2. General awarness question were also asked

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident. If you dont know the answer just dont be afraid because u cannot know everything. All ur brain power is tested by the 1st two phase of exam so try to be urself. And be confident in whatever you speak. Even if it is a NO . Try not to tell wrong answer.

Interview Questionnaire 

1 Question

  • Q1. Why do you like Banking?
  • Ans. 

    I like banking because it offers a dynamic work environment, opportunities for growth, and the chance to help individuals and businesses achieve their financial goals.

    • Dynamic work environment with new challenges every day

    • Opportunities for career growth and advancement

    • Ability to help individuals and businesses with their financial needs

    • Interest in financial markets and economic trends

  • Answered by AI

Interview Preparation Tips

Round: HR Interview
Experience: I have completed graduation in Maths , Likes calculation work hence Bank

Skills: Banking, General Awareness
College Name: Hindu College, University Of Delhi
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed in Apr 2024. There were 3 interview rounds.

Round 1 - Aptitude Test 

Numerical , general questions, Mcq online mode

Round 2 - Group Discussion 

5-6 person group discussion conducted online

Round 3 - One-on-one 

(1 Question)

  • Q1. What is repo rate and reverse repo rate
  • Ans. 

    Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which the central bank borrows money from commercial banks.

    • Repo rate is used by the central bank to control inflation and liquidity in the economy.

    • Reverse repo rate is used to absorb excess liquidity in the market.

    • For example, if the repo rate is increased, it becomes more expensive for banks to borro...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Nothing to scared off. Just give a shot
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Based on your resume

Interview Preparation Tips

Interview preparation tips for other job seekers - Process is best in the market but policy is not soo good you have to be over self motivated to perform in open market personal loan department.

Pros -process
Culture- NBFC

Reserve Bank of India Interview FAQs

What are the top questions asked in Reserve Bank of India Assistant interview?

Some of the top questions asked at the Reserve Bank of India Assistant interview -

  1. Roles of Reserve Bank of In...read more
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