State Bank of India Management Staff Interview Questions and Answers

Credit cards allow users to borrow money up to a certain limit, while debit cards allow users to spend money directly from their bank account.

• Credit cards provide a line of credit, while debit cards use funds directly from a bank account.

• Credit cards charge interest on unpaid balances, while debit cards do not.

• Credit cards offer rewards and benefits, while debit cards do not.

• Credit cards can be used to build credit his...read more

A savings account is a basic account that allows individuals to deposit and withdraw money, while a credit savings account is a type of savings account that offers a line of credit.

• A savings account is primarily used for storing money and earning interest, while a credit savings account combines the features of a savings account and a line of credit.

• In a savings account, individuals can deposit and withdraw money as ne...read more

Confidence is a belief in oneself or one's abilities, while non-confidence refers to a lack of belief or trust.

• Confidence is having faith in oneself and being self-assured.

• Non-confidence is a lack of trust or belief in oneself or others.

• Confidence is often displayed through assertiveness and a positive attitude.

• Non-confidence can lead to self-doubt and hesitation.

• Confidence can be built through experience and success.

• N...read more

The most challenging aspects of this banking job include handling high-pressure situations, meeting strict deadlines, and staying updated on constantly changing regulations.

• Handling high-pressure situations such as dealing with upset customers or resolving complex issues

• Meeting strict deadlines for tasks like processing transactions or preparing reports

• Staying updated on constantly changing regulations and policies to

The first governor of NRB was Tilak Bahadur Khadka and the present governor is Maha Prasad Adhikari.

• First governor of NRB: Tilak Bahadur Khadka

• Present governor of NRB: Maha Prasad Adhikari

The current finance minister of Nepal is Janardan Sharma.

• Janardan Sharma was appointed as the finance minister of Nepal in July 2021.

• He is a member of the Communist Party of Nepal (Maoist Centre).

• Janardan Sharma has previously served as the Minister of Energy, Water Resources, and Irrigation in Nepal.

Types of accounts in banks include savings accounts, checking accounts, money market accounts, and certificates of deposit.

• Savings accounts: Typically used for storing money and earning interest over time.

• Checking accounts: Used for everyday transactions like paying bills and making purchases.

• Money market accounts: Offer higher interest rates than savings accounts but may have higher minimum balance requirements.

• Certif...read more

Clients can operate their accounts through online banking, mobile apps, ATMs, phone banking, and in-person at branches.

• Online banking

• Mobile apps

• ATMs

• Phone banking

• In-person at branches

Investment banking involves providing financial services to corporations, governments, and other institutions, while commercial banks primarily focus on providing services to individuals and small businesses.

• Investment banking involves raising capital for clients through underwriting or acting as an intermediary in mergers and acquisitions.

• Commercial banks accept deposits, offer loans, and provide various financial ser...read more