State Bank of Mauritius Manager Interview Questions and Answers

Bank financial statements are crucial for evaluating the financial health of a bank.

• Bank financial statements provide information on the bank's assets, liabilities, income, and expenses.

• They help investors and analysts evaluate the bank's financial health and performance.

• Key financial ratios such as return on assets (ROA) and return on equity (ROE) can be calculated using information from the financial statements.

• Examp...read more

Forwards, futures, and options are financial derivatives used for hedging and speculation.

• Forwards are contracts between two parties to buy or sell an asset at a specified price and date in the future.

• Futures are similar to forwards but are traded on exchanges and have standardized contract terms.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price and date in the futu...read more

Spot, TOM, Cash deals and Forex overview explained.

• Spot deals involve immediate delivery of currency at the current market rate.

• TOM deals involve delivery of currency the next day after the trade is executed.

• Cash deals involve delivery of currency within two business days after the trade is executed.

• Forex overview includes analysis of currency pairs, market trends, and economic indicators.

• Spot deals are commonly used f...read more

Z rule of cheque is a banking practice that requires the drawer to draw a line on the cheque after the amount to prevent any alteration.

• Z rule is also known as the 'not negotiable' rule.

• It is a security measure to prevent fraud and unauthorized alterations.

• The line should be drawn from the end of the amount to the end of the line.

• The line can be straight or zigzagged, but it must be continuous.

• If the cheque is crossed,...read more

Cheques and currency have various security features to prevent counterfeiting and fraud.

• Cheques may have watermarks, holograms, or special inks to prevent alteration or duplication.

• Currency may have security threads, microprinting, or color-shifting ink to deter counterfeiters.

• Both cheques and currency may have serial numbers or other unique identifiers to track authenticity.

• Advanced security features like biometric au...read more