State Bank of India Credit Risk Analyst Interview Questions and Answers

Q1. Experience with Cloud services
Ans. 
I have experience working with cloud services such as AWS, Azure, and Google Cloud.
• Managed data storage and processing on AWS S3 and EC2 instances

• Utilized Azure Machine Learning for predictive modeling

• Implemented Google Cloud Platform for real-time data analytics
Answered by AI
Add your answer
Q2. Familiarity with PySpark
Ans. 
PySpark is a Python API for Apache Spark, used for big data processing and analytics.
• PySpark is a Python API for Apache Spark, a distributed computing system.

• It allows for parallel processing of large datasets using Spark's distributed framework.

• PySpark provides high-level APIs in Python for Spark programming, making it easier to work with big data.

• Example: PySpark can be used for data preprocessing, machine learning,
Answered by AI
Add your answer

Q1. In which type of industry you had your articleship experience
Add your answer

It was a promotion exam.
Banking operations related questions

Q1. Banking operations related questions
Add your answer

Q1. What are different rates in bank like Repo rate, reverse Repo, CRR
Ans. 
Repo rate, reverse repo rate, and CRR are different rates used by banks to manage liquidity and control inflation.
• Repo rate is the rate at which the central bank lends money to commercial banks, and is used to control inflation by increasing or decreasing the cost of borrowing.

• Reverse repo rate is the rate at which the central bank borrows money from commercial banks, and is used to manage liquidity in the banking syst...read more
Answered by AI
Add your answer
Q2. What is money laundering?
Ans. 
Money laundering is the process of making illegally obtained money appear to be legitimate.
• It involves disguising the source of the money through a series of transactions.

• The purpose is to make the money usable without raising suspicion.

• Examples include buying and selling assets, creating shell companies, and using cash-based businesses.

• It is often associated with organized crime and terrorism financing.

• Money launderin
Answered by AI
Add your answer
Q3. What do you understand by RBI
Ans. 
RBI stands for Reserve Bank of India, the central banking institution of India.
• RBI is responsible for regulating the monetary policy of India.

• It issues currency and manages the foreign exchange reserves of the country.

• It supervises and regulates the banking sector in India.

• RBI also acts as a banker to the government and provides credit to various sectors of the economy.

• It was established in 1935 and has its headquarter...read more
Answered by AI
Add your answer
Q4. Who is current RBI governor?
Ans. 
The current RBI governor is Shaktikanta Das.
• Shaktikanta Das was appointed as the 25th Governor of the Reserve Bank of India in December 2018.

• Prior to his appointment as Governor, he served as a member of the 15th Finance Commission of India and as the Economic Affairs Secretary to the Government of India.

• He has also worked in various capacities at the Ministry of Finance and the Planning Commission of India.

• Under his l...read more
Answered by AI
Add your answer
Q5. What is full form of UPI?
Ans. 
The full form of UPI is Unified Payments Interface.
• UPI is a real-time payment system developed by NPCI.

• It allows users to transfer money between bank accounts instantly.

• UPI is based on the Immediate Payment Service (IMPS) infrastructure.

• It can be used for various transactions such as bill payments, online shopping, and more.

• Some popular UPI apps include Google Pay, PhonePe, and Paytm.
Answered by AI
Add your answer

Q1. What is the difference between credit card and debit card?
Ans. 
Credit cards allow users to borrow money from the card issuer, while debit cards deduct funds directly from the user's bank account.
• Credit cards allow users to borrow money up to a certain limit set by the issuer, while debit cards only allow spending up to the available balance in the linked bank account.

• Credit cards charge interest on the borrowed amount if not paid in full by the due date, while debit cards do not i...read more
Answered by AI
Add your answer
Q2. Why do you want to work in Finance?
Add your answer