Top 32 Bank Clerk Interview Questions You Must Prepare 21.Apr.2024

NPA stands for Non-Performing Assets. Bank gives lo and advances to it is customers. These lo and advances are bank's assets. When the customers don't repay back the bank's money they do not perform. Such assets are known as Non-Permoerming Assets.

Insurance Regulatory And Development Authority (IRDA) is the sole authority to regulate the insurance industry in India , to ensure the growth of insurance industry and protect the interest of policy holders.

Commercial paper is a short term unsecured debt instrument.

Buying and selling of government securities and bonds in open market by Government to maintain desired liquidity levels.

  1. Lockers
  2. Safe custody of funds
  3. Advancing lo
  4. Fund trfers
  5. Periodic payments
  6. Underwriting of shares
  7. Dealing in foreign exchange
  8. Discounting of lo
  9. Overdraft

NABARD is the apex institution for the development of farm sector , cottage industries and small scale industries in rural areas.

Sensex is the index of top 30 stocks in Stock Exchange(SE). Value of Sensex is calculated using "Free Float Market Capitalization" method.

Free float ratio is number of outstanding shares available for general public to trade.


  • Number of deposits per year - 1 to 12
  • Minimum deposit - Rs 500
  • Interest received is tax free
  • Investment is exempted under section 80(c)

In Derivative market the value of the instruments bought and sold is based on value of the underlying asset. The value of the instrument is 'derived' from the value of the underlying asset and hence it is known as Derivatives.

Gross Domestic Product is the sum of all the goods and services produced within physical borders of a country in within a specific period of time.

Among the most common tractions are receiving deposits, cashing checks, and handling withdrawals. To perform such operations, clerks need to perform client identification and ensure validity of signature on documents and checks.

Banks are computerized. Clerks are required to operate basic computer applications, including the banking program that the bank is using. The job might involve some walking to consult other staff members or manipulate documentation. Otherwise, the job is sedentary and requires care and patience.

Government revenue generation and spending policies that impact the macro economy.

Statutary Liquidity Ratio is the percentage of liabilities and time deposits that commercial banks need to keep with them in form of Cash, Gold or Government approved securities.

Put option is An option which gives right to the Option Holder to sell a certain stock at specified time and specified date.

Bank clerks should be highly aware of their position as the first point of contact for most customers. Clerks are the face of the company, they are presentable and professional in demeanor. They wer all queries clearly and politely.

Rate at which RBI lends money to commercial banks without any security.

Call option is an option which gives right to the Option Holder to buy a certain stock at specified time and specified date.

Demat account is the process of converting the physical share certificates into equivalent number of electronic holdings.

As competition in banking exams in fierce, I was preparing for bank exams and a job could distract me from my mission. I concentrated on bank exams preparations only.

Public Provident Fund is a tax saving investment for individuals.

Because this industry is growing steadily and there would be no limit to my career growth. Further I need stability in my career.

Policy by which a central authority attempts to control liquidity and interest aimed high growth rate and price stability.

An Option give right to Option Holder to buy or sell a commodity during a certain period of time or on a specific date.

Not a surprising question to ask a bank clerk. Reliability implies the ability to maintain confidentiality and never disclose any banking information to unauthorized persons outside work. Reliability and work ethics also imply the ability to perform customer operations honestly and with care.

GNP = GDP + Income of residents overseas income of foreigners within the borders of domestic economy.

  • Fixed deposit (5 years)
  • PPF
  • Equity mutual funds
  • ELSS
  • EPF and VPF
  • NSCs (National Saving Certificate)
  • ULIPs
  • NPS (Pension pl)
  • Life insurance

Financial messaging network which exchanges messages between banks and financial institutions.

  1. Government's banker and performs banking functions for the central and the state governments. 
  2. Bankers of banks
  3. Maintain liquidity in the economy
  4. Regulator of country's financial system
  5. Regulates and facilitates foreign trade advisor to the Government of India
  6. Issue currency notes.

Fiscal deficit is an excess of government expenditure over revenue.

Cash Reserve Ratio is percentage of customer's deposits with commercial banks that they need to deposit with RBI.

Besides being presentable in both appearance and demeanor, a bank clerk must be responsible, a quick and efficient worker, and committed to flawless performance. Clients are easily annoyed by mistakes when it comes to their bank accounts and money tractions.