16 Financial Terms For Preparation on Interview Board

16 Financial Terms For Preparation on Interview Board

These are given below:-

1.Finance
2.Capital Budgeting
3.Capital Structure
4.Capital Rationing
5.Cost of Capital:
6. Pay Back period
7.Average Rate of Return
8.Net Present Value(NPV)
9.Internal Rate Of Return
10.Profitable Index
11.The capital asset pricing model (CAPM)
12.Risk
13.Return
14.Uncertainty
15Business Risk
16.Financial Risk 

Explanation of Financial Terms For Preparation on Interview Board

1. Finance:'Finance' has been originated from the Latin word"Finis".Finance is the combination of different activities like raising of funds, investments of funds, and management of funds to accomplish the objects of an individual or of a firm. Finance is called the lifeblood of an organization.
2.Capital Budgeting: Capital budgeting is the functions related to the long term investment decisions of a firm.
3.Capital Structure: Capital Structure is the composition of long-term liabilities, specific short-term liabilities like banknotes, common equity, and preferred equity which make up the funds with which a business firm finances its operations and its growth.
4.Capital Rationing: Capital rationing is a process of allocation of funds to viable projects to ensure the maximum utility of funds.
5.Cost of Capital: Cost of capital means the minimum required rate of return of a firm.
6. Pay Back period: Payback period is a capital budgeting technique that measures the number of years required for the CFAT to pay back the original outlay required in an investment proposal.
7. Average Rate of Return: The average rate of return(ARR), method of evaluating proposed capital expenditure, is also known as the accounting rate of return method.
Or
The average rate of return is measured to divide the average income after tax by the average investment.
8.Net Present Value(NPV): Net present value constitutes the difference between the present value of its cash inflows discounted by the firm's cost of capital and the initial investment of the firm.
9.Internal Rate Of Return

10. Profitable Index: Profitable Index, another technique of capital budgeting, is the ratio of the present value of future cash inflows at the required rate of return, to the initial outlay.
11. The capital asset pricing model (CAPM): The capital asset pricing model is a model that provides a framework to determine the required rate of return on an asset and indicates the relation between return and risk of the asset.
12. Risk: Risk can be called as the disagreement in the actual returns originating from an investment over its working life, in relation to the measured return as forecast at the time of the initial capital budgeting decision.
13.Return: Return is the expectation or the achievement from an investment over a period of time.
14.Uncertainty: Uncertainty, unavoidable, and unmeasurable, is called when the unknown accident occurs.
15 Business Risk: Business risk means the possibility to reduce future profit in business.
16. Financial Risk:  Financial risk, avoidable, and measurable, is the possibility of failing to pay interest and principal in the future for using debt.

#Financial Terms,#Preparation on Interview Board,
#16 Financial Terms For Preparation on Interview Board

17 Essential Good Qualities of an Interviewee

17 Essential Good Qualities of an Interviewee

These are given below:-

1.Proficiency in Communication
2. Work with Honestly
3.Sufficient Knowledge To The Post
4.Knowledge About the Organization
5.Determination to Your Speech
6.Outstanding Personality
7.Decorate Yourself
8.Psychological Maturity
9.Problem-solving Attitude
10.Easily Adaptation
11.Control Anger Emotional and Arrogance
12.Listening and then Reply
13.Trusted Person
14.Creativity
15.Calm and Quiet
16.Quick Decision
17.Physical Stamina

Interviewer and interviewee, Good Qualities of an Interviewee

Difference between interviewer and interviewee.

Interviewer: Who takes viva on the interview board is called interviewer.

Interviewee: Who takes part in the interview board is called interviewee. Applicant or candidate is called the interviewee. 

The vivid description of 17 Essential Good Qualities of an Interviewee

1.Proficiency in Communication: Fast and foremost good qualities of an interviewee, proficiency in communication must be followed in every day to day life. We have to communicate proficiently in various people through multiple ways such as phone, land phone, email, face to face meet, and so on. Carefully listening and fluently speaking must in the interview board. Give feedback timely.

2. Work with Honestly: In your personal life, you have to make oneself honesty. Every employer wants to know honesty. Your service will be done honestly. In the interview board, every interviewee must expose that you are to honesty to your service. That’ create a good impact on the employer. So it another essential good quality of an interviewee.

3.Sufficient Knowledge To The Post: Sufficient knowledge among the good qualities of interviewee, efficient performance in the interview board must have to know about the post. You have to know the activities, duties, responsibilities, and nature of the post. So, sufficient knowledge to post the post must for every interviewer.

4.Knowledge About the Organization: Sufficient knowledge about the organization must for every interviewee. In the interview board, the interviewer asks for the organization and its mission and vision. It also wants to know the establishment and activities. To be a good performance in the interview board you have to search in Google to know the organization.

5.Determination to Your Speech: Another essential Good quality of an interviewee, What are you saying in the interview board to be full of confidence and determination. Your confidence and determination are the power of success in the interview board. You have to confident that you will do best for the post.

6.Outstanding Personality: Personality, Another essential Good quality of an interviewee, means the combination of attitude, patience, behavior loyalty, and some environmental factors. Great personality makes you the best performance in the interview board. But personality doesn’t create one-day it comes from childhood and environmental basis. So be good at your natural and psychological factors.

7. Decorate Yourself: Your appearance is your face value in the interview board. So decorate yourself as handsome and comfortable. But you shouldn’t be stylish and nastic. It creates a negatives impact on the interview board. Decorate yourself like polite and modest.

8.Psychological maturity: In an interview board, you have to psychologically mature and modest.Your speech and movement of the body will expose your psychological maturity. So a sound mind and sound knowledge can bring you the perfect performance in the interview board.

9. Problem-solving Attitude: An interviewee must be a problem-solving attitude in the interview board. Organization activities are changing day to day work. The new problem comes to solve by the staff. The interview board tries to know problem-solving quality. Get the job you have to be problem-solving quality and be sound to the analytical ability.

10.Easily Adaptation: In the interview board you have to be easily adaptable. You won’t be created as an unknown person in front of the interviewer. Be cool and expose that you don’t come the first time. Everyone is known to you. After that, you will answer the interviewer questions easily and properly. Quickly adaptation is very essential for the interview board.

11.Control Anger Emotional and Arrogance: In the interview board, you have to think that you have come to get the job and don’t expose anger, arrogance, and emotion. These will create a bad impact on the interviewer. To control anger and arrogance in the interview board.

12.Listening and then Reply: Do not talk too much on the interview board. Careful about what interviewer wants to know from you. So listening first and give an answer as they want to know.

13.Trusted Person: Every interviewer justifies your trust to the work and the organization. An untrusted person cannot’ get a better post. The interviewer shows the quality of trust to other people and the organization. Be careful to talked-about the important issues.

14.Creativity: Your creativity, another essential good quality of an interviewee is another power of the professional field. In the interview board, the interviewer will test your creativity or ready wit knowledge. Which questions are the kinds of you have taken quickly?

15.Calm and Quiet: Always be calm and quiet in personal life. In the interview board, you have to face some critical solving problem issues then are calm and quiet.

16.Quick Decision: In the interview board, you have to face some analytical quick decision to an interviewer.

17.Physical Stamina: Physical stamina is another important good qualities for the interviewee in the interview board. Without stamina, the interviewer feels sick and be worried. So don’t be exited in the interview board

Read again and again to perform your best as you wish. If you like this, please share and comment.

Bangladesh Bank Assistant Director Viva Experience 2017

What do you mean by Contingent liabilities ?
Answer:The liabilities which are not actual liabilities on the date of balance sheet but may be actual liabilities later on are called Contingent liabilities.
Question: Is "Bill of Exchange" a contingent liabilities ?
Answer:A bill of exchange is a non-interest-bearing written order used primarily in international trade that binds one party to pay a fixed sum of money to another party at a predetermined future date
Question:What are the basic functions of non bank financial institution?
Answer:Raising funds from surplus unit throgh issuing share and invest this funds into govt. and non-govt. Securities.

Important Term About Bank In Bangladesh

1. Total Bank =64 (State Owned Commercial Banks (SBL, JBL, ABL, RBL, BDBL& Basic): 6 + Specialized Banks (BKB & RAKUB): 2 + Private Commercial Banks (PCBs): 40+ Foreign Commercial Banks (FCBs): 9 + Central Bank BB: 1= 64)

2. Schedule Bank =57

3. Non Schedule bank= 6 (Ansar VDP Unnayan Bank, Karmashangosthan Bank, Grameen Bank, Jubilee Bank, Probashi Kollyan Bank, Palli Sanchay Bank)

4. Islamic Bank = 8

5. Trust Bank

6.Simanto Bank

8. First private commercial bank - AB Bank Ltd.(1982)

9. Islami Bank of Govt - Agrani Bank Limited

10. Ministry of Finance controlled by Bank & NBFI

11. NBFI =34 Last – Alliance Finance Ltd

12. Credit Rating agency - 8

13. CB & NBFI are controlled by BB

14. Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972)

15. The pioneer of BB - Shafiul kader

16. BB Total branch - 10 last -Mymensingh

17. The pioneer of GB & CSR - Dr. Atiur Rahman

18. BB first governor - A N M Hamidulalllah

19. Present governor- Fazle Kabir ( 11th)

20. Governor duration - 4 years

21. Total Note - 9

Bank Note - 6 (10,20,50,100,500,1000)

Govt Note - 3 (1,2 & 5)

22. Bank note Signed by Governor - Fazle kabir

23. Government Note signed by Secretary of Finance - Hedayetullah Al Mamoon

24. Minister of Finance - Abul Maal A Muhith

25. State Minister of Finance - M A Mannan, MP

26.Secretary of Finance - Hedayetullah Al Mamoon

27.Economic Affairs Adviser - Mashiur Rahman

28. First Mobile banking - DBBL

29. First Telebanking - SCBL

30. First Agent banking - Bank Asia (private) & Agrani Bank (govt)

31.First ATM - DBBL

32.First Master Card - SCBL

33. Per capita income _ $1602

34. per capita GDP- $1358

35. GDP growth rate __ 7.24%

36. Expected GDP -7.4%

37. Inflation rate __ 5.57% ( E -5.5% FY -2017-18)

38. Bank rate __5%

39. CRR __6.5%

40. SLR__13% Conventional Banks. 5.5% for Islami Banks

41. call money rate - 3.83%

42. Repo rate - 6.75

43. Reverse repo rate- 4.75

44. FBCCI president - Md. Shafiul Islam (Mohiuddin)

45. BGMEA President - Md. Siddiqur Rahman

46. BKMEA President - A.K.M. Salim Osman, MP

47. IDRA - Insurance development & Regulatory Authority -Chairman - Shafiq Ahmed

48. Total insurance company - 78

49. Foreign operating company - Met life (USA)

TO GET MORE CLICK ON IT

Suitable Question And Answer on viva Or Interview

Why Do You Choose Banking As Your Career?

What Will Be Suitable Answer?

 *Banking Sector Is One Of The Most Growing Sectors
 * High Remuneration
 *Smart Working Environment
 * Academic Background
 *Well Training Program
 *Effective Networking
 *To Be Banker Is My Dream
 *Social Recognition etc.
Examples:-
1.Banking Is Called The  Blood Circulation Of Economy. Without Development Of Banking Sector, Development Of Economy Can't Be Possible. And I Will Feel Proud If I  Make Any Contribution To Our Banking Sector As Well As To Our Economy.

2.As A Developing Country, We Need More Stable Money Market, More  Investment In Proper Way. I Think Banking Sector Is One Of Best Platform  To Serve My Country As It Works To Ensure Proper Utilization Of Limited  Resources.

3.Bank Is Not Only Linited To Deposit Collection And  Credit Disbursement But Also It Has Expanded Its Scope To Raise Social  Awareness,  Helps To Spread Quality Education, Remittances Collection,  Business Expansion, Policy Making, International Business, Green  Economy, Financial Inclusion, Monetary Policy Implementation,  Utility  Bill Payment & Collection, Women Empowerment, Agriculture  Development etc. And This Indicates That There Is Huge Scope For Learning

Why Should We Select/Hire/Buy You?

Generaly See to Answer From Applicant:-
- Leadership
 - Hardworking
 - Dedicated To Works
 - Well Theoretical Knowledge
 - Good Team Player
 - Innovative
 - Can Work Under Pressure
 - Positive Attitude To Challenges
 - Self Motivated
 - Extrovert
 - Confident
 - Having Good Intuition Power
 - Analytical Ability
 - Dynamic
Examples:-
1.Banking Sector Is One Of The Fast Growing  Industry In The World. The Policy, Structure, Nature Of Services,  Technology Etc. Are Always Changing With The Demand Of Time. I Think, In  This Regard I Can Make A Contribution To Your Bank Because I Am  Innovative, Adaptable With The Changes, And Keep Always Update Myself  About What Is Happening Around The World

2.The  Success Of Bank Depends On Effective Team Work. In Broad Sense, No One  Is More Or Less Important In Team Work. In This Regard, I Can Say  I Am A  Good Team Player. I Always Values Others Opinion, Thought,  Contribution. Besides I Am Disciplined And Obedient What Can Help To  Accomplish The Success Of My Team
3.Banking Job Is Much  Challenging Than Other Job. I Have A Positive Attitude To Challenges, I  Am Hardworking In Nature And Will Be Dedicated To My Works. I Can Also  Work Under Pressure. So There Is A Good Possibility Of Flawless Outcome  From Me.
4.Only Fresher:Sir, I Am Fresher And I Have No Prior Job  Experience. But I Have Good Theoretical Knowledge. I Am Sincere And  Passionately Curious To Learn New Things. If You Give Me The Opportunity  To Work In Your Esteem Bank, In Sha Allah I Will Prove Myself In  Positive Way

What's The Reason To Remain Unemployed Or Jobless In Spite Of Completing Graduation/Post-Graduation?
Examples:-Sir, I Am Determined To Be A Banker.  I Never Try For Any Job Opportunity Except To Be Banker. I Always Try  My Level Best To Get Employed Any Esteem Bank Like You. There Is No Lacking Of My Dedication, Hardworking, Confidence To Fulfill My Dream.  After All I Had Some
Weaknesses (Mention Some Real Weaknesses Of You)  For Which I Couldn't Be Success Earlier. But I Never Gave Up My  Patience, My Dream. I Am Always Trying To Find Out My Limitations And Overcome These Limitations. Now, I Think I Have Brought My Weakness At  Minimal Level And Hope For Getting The Opportunity To Work At Your  Organization. Another Important Question 
Great Man Whose Name  Is Close To Your Name?
Ans: Search In Google.

Most Asked Common Questions in interview Or Viva

1.Tell me something about yourself?
2.Describe yourself
3.Tell me something about yourself apart from the details given in the bio-data.
4.Where are you from?
5.What can you tell us about your home town?
6.What is your family background?
7.What do your siblings do?
8.Tell me about your relatives.
9.Where do you live?
10.Tell us about an English novel you have read recently
11.Where do you see yourself after 20 years?
12.What does your name means?
13.Today’s headlines
14.What are your hobbies?
15.What are your strengths and weaknesses?
16.Why gap in education (if there is gap)?
17.What have you been doing since now after education?
18.How many bank exams (or) interviews have you attended so far?
19.Are you willing to work anywhere in Bangladesh?
20.Why do you want to join in banking sector?
21.Why should we select you?
22.What do you know about our bank?
23.Authors of some common English novels
24.Do you read any English magazines? Can you name some of them?
25.News in today's paper
26.Why would u like to join this bank?
27.Current matters and affairs in World and Bangladesh
28.Brunches, ATMs, Profit, Total Assets of that Bank
29.Chairman & MD of the bank
30.How would you take it if you were not selected for this position?
31.How can you say that banking sector is fast growing?
32.Did you take preparation for the interview?
33.Have you gone through our website?
34.What is missing in the design of our website compared to the website of other banks?
35.Have you applied for any other banks?
36.What is banking? How is it different from saving bank of post office?
37.Similarity between USA/India and Bangladesh in-terms of economy
38.What is the difference between million and a billion?
39.Do you have any account in any bank? Which type of account and what is the interest rate payable on it?
40.What is the difference between savings account and current account?
41.What is a debit card and what all can be done with it?
42.If in a rural branch in which you are posted, someone asks you for loan or money on gunpoint what will you do?
43.What is a bank?
44.What are various activities and functions in a bank?
45.Tell me about the current political scenario of Bangladesh?
46.What is GDP? What is the current growth rate of GDP of Bangladesh?
48.Difference between GDP and GNP
49.What is inflation? What its rate right now?
50.What is banking?
51.What is budget? Who presents it? Where? When?
52.What is fiscal deficiency?
53.What is vat?
54.What is financial inclusion?
55.Describe your work experience (if there is ...)?
56.Why have you left your previous job?
57.Why are you switching your career?
58.What are the good qualities required for a probationary officer?
59.What are the commercial and economic functions of the bank?
60.What are the types of banks?
61.What is the repo?
62.What is the difference between inflation and deflation in Bangladesh?
63.How to measure fiscal deficit in Bangladesh?
64.Who is the governor of Bangladesh bank?
65.What is the bank rate?
66.What are the differences between direct and indirect tax?
67.What is the concept of sustainable development?
68.What is a bank & who operates it? ☺ A situation was given & was asked how would you react to it
69.What is nationalization act?
70.3-4 questions were asked from major subjects.
71.If you get the job will you be ready to work anywhere in Bangladesh?
72.Do you think your parents will allow you to work anywhere across Bangladesh?
73.What is your ambition in life?
74.Why are you applying for the post of PO?
75.Don’t you think you are over qualified for this simple job?
76.Do you have any bank account?
77.Where and why?
78.What type of bank account do you have?
79.What are the types of bank accounts?
80.What all details you need to fill up while withdrawing cash from the bank?
81.What do you mean by international trade?
82.What is balance of payment?
83.What are the main differences you see in a private bank and public bank?
84.Have you heard about basel 2?
85.What is the importance of basel 2 in the present banking environment?
86.Bangladesh and its functions
87.Various banking terms
88.popular personalities, books, authors, sportsmen etc
89.The works and functions of a PO in a bank
90.Various Definition of bank & its function
91.BANKING TERMS WHICH MAY BE ASKED IN BANK INTERVIEW QUESTIONS:
#Repo Rate;
#Reverse Repo Rate;
#Bank Rate;
#Current rates;
#Cash Reserve Ratio;
#All Ratios;
#Nationalization;
#Scheduled Bank;
#Nationalized Bank;
#Why Banks Are Nationalized;
#Poverty Line;
#Asset;
#PrivatizationBank;
#Banking;
#Deposits;
#Fixed Time Deposits;
#Demand Deposits;
#Inflation;
#Limited Liability;
#Demand Draft;
#Mutual Funds;
#Consumer Credit Card;
#Debit Card