Thread: What should I do to clear the interview?

View Single Post #3 Friday, June 11, 2010 Join Date: Sep 2007 Location: Karachi Posts: 1,845 Thanks: 1,978 Thanked 3,179 Times in 1,286 Posts

Raz Senior Member

AOA Dear Members: Equip yourselves with following questions: 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 demerits? 37. Yes or no to WB? Why? Alternatives? 38. WTO and Globalization? Opportunities and threats for Pakistan? GAAT? 39. Pakistans 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 birds 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) Maslows 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?

Regards __________________ "Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna." "Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain"

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Thursday, June 10, 2010 Join Date: Nov 2009 Location: Karachi, Pakistan Posts: 54 Thanks: 1 Thanked 36 Times in 21 Posts

fahadeng Member

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!!! __________________ "To err is human, to forgive is divine" - Alexander Pope

#2 Thursday, June 10, 2010 Join Date: Sep 2007 Location: Karachi Posts: 1,845 Thanks: 1,978 Thanked 3,179 Times in 1,286 Posts

Raz Senior Member

Go through topics/concepts as per following link: http://www.cssforum.com.pk/191160-post16.html

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. __________________ "Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna." "Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain"

The Following User Says Thank You to Raz For This Useful Post: s malik (Friday, June 11, 2010) #3 Friday, June 11, 2010 Join Date: Sep 2007 Location: Karachi Posts: 1,845 Thanks: 1,978 Thanked 3,179 Times in 1,286 Posts

Raz Senior Member

AOA Dear Members: Equip yourselves with following questions: 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. Pakistans 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 birds 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) Maslows 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?

Thread: Young Professional Induction Program Result Announced View Single Post #16 Wednesday, June 09, 2010 Join Date: Sep 2007 Location: Karachi Posts: 1,845 Thanks: 1,978 Thanked 3,179 Times in 1,286 Posts

Raz Senior Member

Quote:

Originally Posted by samkhan @ RAZ bhai some members from css forum have qualified YPIP. kindly give us some guide lines for interview. It is also confirmed by SBP officials that there will no GD, there will only interviews conducted by them. so i thnk interviews will gonna be tough for qualified canidates.... No one can predict the exact nature of questions but following list can help you in your interview preparation: 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? 4. Visit SBP website and collect brief information about all the departments of BSC and their functions. 5. Difference between Holding and subsidiary companies? 6. No. of subsidiaries of SBP? Their functions?

7. Major functions of SBP? Brief history of SBP 8. Current monetary policy statement? Discount rate and its mechanism? 9. Tools of monetary policy? their usage in credit control? Mechanism of money supply and demand? What is contractionary policy/ tightening monetary policy? what is expansionary / loosening monetary policy? 10. What do you mean by credit crunch? What do you mean by depression? Recession? 11. 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? 12. 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? 13. What do you know about WTO? GAAT? IMF? 14. How do you see borrowing from IMF? Merits and de-merits? 15. Define BOP? What is difference between BOP and BOT? 16. Memorize some terms: GDP, GNP, Inflation, 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. 17. What are the principles of currency issuance? which principle is applied in SBP? 18. Denominations of prize bonds? Importance of prize bonds for government borrowing? 19. FIB, PIB? 20. Location of printing press? Location of coins production? 21. No. of BSC offices across the country? 22. Current Governor of SBP? First Governor of SBP? First lady governor of SBP? inauguration date of SBP? who inaugurated SBP? 23. Which bank was performing monetary matters before SBP? 24. No. of commercial banks in Pakistan? 25. Name commercial bank having largest branch network? 26. Present Nationalized banks? when was nationalization started? when was privatization started? which bank was the first bank to be privatized? 27. No. of Islamic banks? Name any two 28. No. of Micro finance banks? Name any two 29. Difference between currency depreciation and currency devaluation? 30. Methods to curtail inflation? 31. Define fiscal policy? Difference between direct tax and indirect tax? Some examples of direct taxes and indirect taxes? 32. Economic problems of Pakistan? Energy crisis? How can SBP help in

solving energy crisis and poverty reduction? 33. Initiatives taken by SBP for agriculture sector? Initiatives taken for poverty reduction? 34. Distinctions to NBP as compared to other commercial banks? Which are these functions and when are these exercised?

Regards __________________ "Tumhary nafs ki qeemat Janat hay isy Janat say kam qeemat pey na bechna." "Jiyo to istarh ky log tum sy milny ko tarsy; maro to istrah k log tumharee mot par royain" Last edited by Raz; Wednesday, June 09, 2010 at 03:41 PM.

The Following 4 Users Say Thank You to Raz For This Useful Post: jadoon khan (Wednesday, June 09, 2010), s malik (Wednesday, June 09, 2010), samkhan (Wednesday, June 09, 2010), shanking12 (Tuesday, July 06, 2010)