What should I do to clear the interview?
 

Dear Brother @RAZ, I need your help.

ALHAMDULILAH, I've cleared SBOTS 17 written test. I did it in the 15th batch too but couldnt qualify the interview stage. Since I am a Marketing majors, I am afraid of the interview process esp. with regards to finance questions. It happened last time too that most of the questions were of finance nature. I couldnt answer them and didnt clear the interview. Plz advise me what should I do to clear the interview. A friend of mine was asked only basic questions related to his family and he qualified.

Need your guidance!!!

Go through topics/concepts as per following link:

[url]http://www.cssforum.com.pk/191160-post16.html[/url]

In addition to these linked questions revise some basic concepts of statistics like: Standard Deviation, coefficient of correlation, variances, regression analysis, probability, normal distribution, sampling, hypothesis, averages / mean (simple arithmetic, geometric, harmonic), mode, median.

Just understand these concepts and you should be able to define these terms along with their practical usage. You would not be required to solve any problems or narrate formulae.

AOA Dear Members:

Equip yourselves with following questions:

[B]General areas to be focused by candidates of all the disciplines:[/B]
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 questioned 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:


[B]Questions for MBAs and MPAs:[/B]
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?


[B]Questions for Candidates having Economics background:[/B]
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?

[B]Questions for Marketing Students:[/B]
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?

[B]Questions for Stats and Maths Candidates:[/B]
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?


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


Regards

[B][I][COLOR="Sienna"]Sir! That's indeed a remarkable work for the candidates apearing for interview. The interview for YPIP 2013 are approaching. For that if we prepare these questions mentioned in post #3, would that be sufficient ?
Will the interview for YPIP be the same as it is that of SBOT?
As I have my Masters in Literature, what other areas do i need to prepare ?
[/COLOR][/I][/B]

Thanks a lot Sir Raz. I am a recent graduate in Economics and have an internship experience as well in SBP BSC Lahore itself. These days I am preparing for OG-1 interviews. I am equipping myself with articles from dawn that relate to the economy, as well as the business and finance sections. What would be the level of difficulty? Would the internship project too be discussed?

Sir, your presence at another thread for OG-1 3rd batch is requested at this link.
[url]http://www.cssforum.com.pk/other-competitive-examinations/banking-finance/97007-3rd-batch-og-1-officers-state-bank-pakistan-2014-a-26.html[/url]

[QUOTE=Raz;191563]AOA Dear Members:

Equip yourselves with following questions:

[B]General areas to be focused by candidates of all the disciplines:[/B]
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 questioned 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:


[B]Questions for MBAs and MPAs:[/B]
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?


[B]Questions for Candidates having Economics background:[/B]
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?

[B]Questions for Marketing Students:[/B]
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?

[B]Questions for Stats and Maths Candidates:[/B]
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?


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


Regards[/QUOTE]

Add some more questions:

1) Off balance sheet items, contingent assets and liabilities.
2) Difference between contingency and commitment?
3) What is financial inclusion? Difference between Financial Inclusion and Financial deepening?
4) What is sub prime mortgage?
5) What is financial intermediation?
6) What is Risk Based Supervision?
7) What is stress testing?
8) Issues being faced by Islamic Banking?
9) What is FATF?
10) Heard about Basel?
11) What is moral Hazard?
12) [FONT="Calibri"]What is FATCA?[/FONT]
[FONT="Calibri"]13) Relationship of FATCA with money laundering? Tax evasion?[/FONT]
[FONT="Calibri"]14) What is financial stability?[/FONT]
[FONT="Calibri"]15) What is LIBOR ? What is KIBOR and how is it calculated?[/FONT]
[FONT="Calibri"]16) What is Financial Safety Net (FSN)?[/FONT]
[FONT="Calibri"]17) Vision and mission of SBP?[/FONT]
[FONT="Calibri"]18) Core values of SBP?[/FONT]
[FONT="Calibri"]19) Current CRR, SLR requirements for banks, DFIs, and MFBs?[/FONT]
[FONT="Calibri"]20) [FONT=Calibri] [/FONT]Define Too Big To Fail (TBTF) institutions.[/FONT]
[FONT="Calibri"]21) Define Conduct Supervision.[/FONT]
[FONT="Calibri"]22) Supervisory colleges[/FONT]
[FONT="Calibri"]23) [FONT="Calibri"]What is a 'Discount House'?[/FONT][/FONT]
[FONT="Calibri"][FONT="Calibri"]24)[FONT=Calibri] [/FONT]Corporate governance definition?[/FONT][/FONT]
[FONT="Calibri"][FONT="Calibri"]25) What is FPT?[/FONT][/FONT]
[FONT="Calibri"][FONT="Calibri"]26) Diluted EPS and normal?[/FONT][/FONT]
[FONT="Calibri"][FONT="Calibri"]27) Difference between Compliance, Inspection, Internal Audit and External Audit[/FONT][/FONT]
[FONT="Calibri"][FONT="Calibri"]28) What is insider trading?[/FONT][/FONT]
29) What is shadow banking?
30) What is window dressing?
31) What is parallel banking?
32) What is tipping off?
33) What is siphoning of funds?
34) Difference between Regulation and Supervision?
35) Difference between Supervision and surveillance?
36) Financial Soundness vs Financial Stability? Tools to measure financial soundness?
37) Financial System vs Financial Markets vs Financial infrastructure?
38) What are shell companies?
39) Who is statutory Auditor?
40) What is scheduled bank?
41) Define systemic risk?
42) Tell us something about deposit protection scheme?
43) Do you know something about Exim Bank?
44) What is moratorium? How and why it is imposed?
45) What is PRI?
46) Parent Company /holding company, subsidiary, associated concern, sister concern?
47) Company limited by guarantee vs Company limited by shares? Unlimited liability?
48) Minimum and maximum number of directors in a Public ltd. company and Pvt. Ltd. company?
49) What do we mean by quorum in a meeting of committee?
50) What do we mean by Terms of References (TORs) in a committee?
51) Hundi Hawala?
52) Powers of Banking Muhtasib?
53) Define Good will, patent, trade mark, copy rights?
54) Define "Poor"?
55) What is "Write off" of a loan?
56) Define negotiable instrument? Cross cheque?
57) Difference b/w Islamic and Conventional Banking?
58 ) What are SIFIs [FONT="Times New Roman"][B](Systemically Important Financial Institutions)?[/B][/FONT]
59) Why do governments require foreign currency?
60) How do governments know the required level of foreign currency reserves?
61) Current level of Pakistan foreign currency reserves?
62) What is crowding out effect?
63) interest rate impact on banking?
64) Why CRR and SLR are maintained?



Regards

[FONT="Times New Roman"][/FONT]