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Old Friday, January 11, 2013
hasniali hasniali is offline
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Default Interview

(Courtesy of the senior members of this forum)

General areas to be focused by candidates of all the disciplines:
1. Revise major concepts of your Master's subjects
2. Memorize Key economic indicators
3. Memorize major figures of current budget
4. Memorize key figures of Economic Survey
5. Prepare some general questions which are always asked in all type of interviews like: why do you want to join this organization? Why do you think that you deserve this position? How can you contribute in this organization? any reforms for this organization? Weaknesses and strengths of this organization?
6. Current Governor of SBP? First Governor of SBP? First lady Governor of SBP? Inauguration date of SBP? Who inaugurated SBP?
7. Brief History of SBP and major functions?
8. SBP Act year? Companies ordinance year? AML ordinance year? BCO year?
9. Visit SBP website and collect brief information about all the departments of central bank along with their major functions.
10. What are the principles of currency issuance? Which principle is applied in SBP?
11. No. of subsidiaries of SBP and their functions?
12. Monetary policy and its tools? Current monetary policy statement? Discount rate and its mechanism? Usage of monetary tools in credit control? Mechanism of money supply and demand? What is contractionary policy/ tightening monetary policy? What is expansionary / loosening monetary policy?
13. What do you mean by credit crunch? What do you mean by depression? Recession?
14. What is exchange rate? Current rate of USD? What is the mechanism of exchange rate determination? What is the impact of exchange rate on our imports and exports?
15. What do you mean by import quota? Which are the import embargoes? What is tariff? What is subsidy? How do tariffs and subsidies affect international trade? What is globalization? Why do developed countries demand discontinuation of subsidy and tariffs? What will be effect on developing countries if they follow the guidelines of globalization?
16. Memorize some terms: GDP, GNP, NNP, SDRs, FMU, AML, STRs, KYC, Cross cheque, dishonored cheque, PLS current and BBA accounts, DD (Difference between DD and Pay order), SWIFT, NIFT, Clearing, MT, TT, ATM, CIB, FIB, PIB
17. Denominations of prize bonds? Importance of prize bonds for government borrowing?
18. Location of printing press? Location of coins production?
19. No. of BSC offices across the country?
20. Which bank was performing monetary matters before SBP?
21. No. of commercial banks in Pakistan?
22. Name commercial bank having largest branch network?
23. Present Nationalized banks? When was nationalization started? When was privatization started? which bank was the first bank to be privatized?
24. No. of Islamic banks? Name any two
25. No. of Micro finance banks? Name any two
26. Distinctions to NBP as compared to other commercial banks? Which are these functions and when are these exercised?
27. Initiatives taken by SBP for agriculture sector? Initiatives taken for poverty reduction?
28. Difference between currency depreciation and currency devaluation?
29 Define fiscal policy? Difference between direct tax and indirect tax? Some examples of direct taxes and indirect taxes? Examples of direct tax and indirect tax?
30. VAT? Pros and Cons?
31. Economic problems of Pakistan? Energy crisis? How can SBP help in solving energy crisis and poverty reduction?
32. Define inflation? CPI? SPI? WPI? Methods to curtail inflation?
33. Define BOP? What is difference between BOP and BOT?
34. Ways to improve BOP? Ways to address budget deficit?
35. Level of current reserves? Their importance?
36. Yes or no to IMF? Why? Alternatives? How do you see borrowing from IMF? Merits and de-merits?
37. Yes or no to WB? Why? Alternatives?
38. WTO and Globalization? Opportunities and threats for Pakistan? GAAT?
39. Pakistan’s debt burden figure? And remedial measures?
40. NFC

Specialized questions may be asked from each discipline based on their degrees. For such questions you may consider following list to revise just definitions and concepts. You need not peep into the details of these questions. Just have a bird’s eye view of these:


Questions for MBAs and MPAs:
1) Difference between public administration and business administration?
2) Difference between administration and management?
3) Span of control? Unity of command? Job analysis? Job evaluation? Job description? Job specification?
4) Maslow’s hierarchy in motivational theories?
5) What is PMS? And its effectiveness in performance appraisal?
6) What is MBO? Its practical usage? What is Management by exceptions?
7) Define budget? What is zero based budgeting? Difference between zero based budgeting and incremental budgeting?
8) COGS? Balance sheet equation? Bad Debts? Good will? Intangible Assets?
9) Prime Cost?
10) Cost of conversion?
11) FIFO, LIFO, HIFO
12) Differentiate: Depreciation, depletion, and amortization?
13) Common Stock? Preferred stocks? Pari Passu?
14) Face value? Book value? Market value?
15) Working Capital? Liquid assets? Liquidity and solvency?
16) Leverage? Current Ratio?
17) MOA and AOA?
18) SDLC? DBMS?
19) Stereotyping? Grapevine communication? Helicopter factor? Halo effect?
20) Define economics?
21) Crowding out effect?
22) Examples of direct tax and indirect tax?
23) Barter?
24) Competitive edge and absolute edge in international trade?
25) Ad Valorem Tax
26) Research question and hypothesis? Research methodology?
27) Dependent variable and independent variable? Discrete variable and continuous variable? Primary data and secondary data?


Questions for Candidates having Economics background:
1) Define economics? Positive and normative economics?
2) Opportunity cost? Implicit vs Explicit Costs?
3) Elasticity of demand and elasticity of supply?
4) Market mechanism/price mechanism?
5) Indifference curve?
6) Consumer surplus?
7) Inflation? Methods to curtail inflation?
8) Cost push and demand pull inflation? Core inflation? Head line inflation? Stagflation?
9) Quantity theory of Money?
10) Difference between growth and development?
11) HDI?
12) Motives for money demand?
13) Nominal and real value of money?
14) Equation of National Income? Circular flow of income? Methods of NI calculation?
15) Open economy? Closed economy? Mixed economy?
16) PPP theory?
17) PPF?
18) Barter?
19) Economic externalities?
20) Economies of scale?
21) Competitive edge and absolute edge in international trade?
22) Monopoly? Duopoly? Oligopoly? Monopolistic competition? Perfect competition? Major features and differences.
23) Price Cartel? Kinked demand curve?
24) Ad Valorem Tax
25) Crowding out effect?
26) Trickledown effect?
27) Monetary aggregates?
28) Monetary hang out? Economy heat up?
29) Research question and hypothesis? Research methodology?
30) Dependent variable and independent variable? Discrete variable and continuous variable? Primary data and secondary data?

Questions for Marketing Students:
1) Define marketing?
2) Marketing Mix? Ps n Cs?
3) Marketing Research? Market intelligence?
4) SWOT analysis?
5) Target marketing? Market segmentation?
6) Core product? And augmented services?
7) Types of products? Shopping? Convenience? Staple? Etc.
8) Research question and hypothesis? Research methodology?
9) Dependent variable and independent variable? Discrete variable and continuous variable? Primary data and secondary data?

Questions for Stats and Maths Candidates:
1) Mean: arithmetic, geometric, harmonic? Mode? Median? Variance? Standard deviation?
2) Data Collection methods? Histogram?
3) Regression analysis? Scattered graph?
4) Sets?
5) Sampling? Sample space? Census vs Population? Cluster sampling? Stratified sampling? Random sampling?
6) Hypothesis and estimation techniques?
7) Chi Square?
8) Probability distributions? Normal, geometric, etc.
9) Conditional probability?
10) Permutation and Combination?
11) Operation Research?
12) Game theory?
13) Heuristic model?
14) Linear programming?


Some very technical questions expected from extra ordinary candidates of finance:1) Derivatives? Options? Put and call option?
2) Arbitrage? Interest Rate swap?
3) Futures?
4) Securitization?
5) Sterilization?
6) Debt monetization?


Why sbp didn't change its key policy rate in the last monetary policy,
What is the relationship between Inflation and growth, what is current account and how is it different from balance of payment, what is the ratio of current account today compared with that of june last year,
What is comparative advantage in trade
Current socio economic situations, most preferable the current global crisis.
Islamic banking-myth or reality

Computer related(having Computer Science majors):

Why do you want to join banking sector especially when you don't have any banking related subject of study?
what is computer virus?
what is database system? is it used in banks? if yes where?
difference between central and distributed database systems?
define networking
differece between networking devices like routers and switches etc.
what is artificial intelligence. Explain its process
what is robotics.
what is the differecne between coaxial cable, fibre optics cable and wireless communication.
what is computer program and algorithm?
what are programming languages?
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highroller (Saturday, January 12, 2013), HUMAIRASATTAR (Saturday, January 12, 2013), Ms kazmi (Friday, January 11, 2013), mudasr (Friday, January 11, 2013), MUZAFFAR MAHMOOD (Tuesday, January 15, 2013)