Some Important Question For Viva Or Interview

What is Cheque?
Cheque is a negotiable instrument instructing a Bank to pay a specific amount from a specified account held in the maker/depositor's name with that Bank.A bill of exchange drawn on a specified banker and payable on demand.“Written order directing a bank to pay mone
Fixed Deposit: When a bank account is opened for a certain period of time, it is 
called fixed deposit. A fixed deposit account can usually be opened for a period 
of one month, three months, six months, one year, two years, five years etc. In 
such an account high rates of interest is offered but a client cannot withdraw 
his/her money. However, the client may be allowed to withdraw money before 
the period ends if urgently needed, but in such a situation he/she will not be able 
to get any interes
Savings Accounts: The account in which money can be deposited any time, but 
withdrawn twice a week or in such regulated frequency is called savings 
account. Usually fixed income people who are not involved in business open
such accounts. A small rate of interest is offered for such accounts. However, 
now days some banks don’t impose any restrictions in frequency of depositing 
or withdrawing money.
Current Account: The kind of account that facilitates a client to deposit and 
withdraw money whenever a client wants is called a current account. This type 
of account is more suitable for businesspersons and usually no interest is offered 
for such an account. More than deposited amount of money can be withdrawn in 
such an account
Fixed Deposit: When a bank account is opened for a certain period of time, it is 
called fixed deposit. A fixed deposit account can usually be opened for a period 
of one month, three months, six months, one year, two years, five years etc. In 
such an account high rates of interest is offered but a client cannot withdraw 
his/her money. However, the client may be allowed to withdraw money before 
the period ends if urgently needed, but in such a situation he/she will not be able 
to get any interest.

Capital Adequacy Ratio (CAR) :A ratio of total capital divided by risk-weighted assets and risk-weighted off-balance sheet items. A bank is expected to meet a minimum capital ratio specifically prescribed by the Regulator.
Excise duties: Duties levied on items manufactured within the country and paid by the 
manufacturer
Letter of Credit (LC): A formal document issued by a bank on behalf of a customer, stating the 
conditions under which the bank will honour the commitments of the customer.
Prime Lending Rate(PLR) :The rate of interest charged on loans by banks to their most creditworthy customer.
What is SLR Rate?A SLR (Statutory Liquidity Ratio) is the amount a commercial bank needs to maintain in the 
form of cash, or gold or govt. approved securities (Bonds) before providing credit to its 
customers. SLR rate is determined and maintained by Bangladesh Bank in order 
to control the expansion of bank credit. SLR is determined as the percentage of total demand 
and percentage of time liabilities. Time Liabilities are the liabilities a commercial bank liable to 
pay to the customers on their anytime demand. SLR is used to control inflation and propel 
growth. Through SLR rate tuning the money supply in the system can be controlled efficiently.
What is demand Draft?
A demand draft is an instrument used for effecting transfer of money. It is a Negotiable 
Instrument. Cheque and Demand-Draft both are used for Transfer of money. You can 100% 
trust a DD. It is a banker's check. A check may be dishonored for lack of funds a DD can not. 
Cheque is written by an individual and Demand draft is issued by a bank. People believe banks 
more than individuals.
Difference between banking & Finance?
Finance is generally related to all types of financial, this could be accounting, insurances and policies. Whereas banking is everything that happens in a bank only.The term Banking and Finance are two very different terms but are often associated together. These two terms are often used to denote services that a bank and other financial institutions provide to its customers.
What is foreign exchange reservers?
Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits and bonds held by central banks and monetary authorities.However, the term in popular usage commonly includes foreign exchange and gold,SDRs and IMF reserve positions
.
GDP: GDP is the total value of all goods and services produced by a country in a fiscal year, excluding the total income from foreign countries.
Capital market:Capital market is the market where long term debts or equities are traded... For example.. Stock exchanges... And money market is the market for short term loans are traded ... For example.. Bank