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I got an admit from the Indian School of Business, Hyderabad for their PGP Class of 2020.Many people have asked me why MBA right now? You were so interested in Civil Services for the last 05 years and why are you suddenly shifting to the Corporate sector now ? Are you after money? Don’t you want to do govt service anymore or work for the public, that you have advocated so much for half a decade?I have got a lot of accusations, of being money minded, this and that in the PMs in Quora.This is an answer to everyone, an answer which would describe my thought process in taking this particular decision.Before, starting with that, let us understand the structure of the Government’s Bureaucracy. That will help us have more clarity, in understanding my decision.The Government is divided into Levels, according to the 7th Central Pay Commission. There are totally 18 levels, with 03 entry points.Level 01 - 05 - Lower Services - Peons, Constables, Stenos, Clerks etc.Level 06 - 09 - Middle Services - Inspectors, Section Officers, DSPs, Block Officers etc.Level 10 - 18 - Upper Services - IAS, IPS, IRS, Undersecretary etc.Now, I have always aspired for the upper civil services, usually conducted by the UPSC, which deals with the upper management of the Government.This is where most of the “thinking” is done, this is where policies are “ideated” and this is where public policies are “drafted”.An IAS joins at Level 09 during training, and then starts off from Level 10, and has the possibility of having more than 07 promotions in his career of 35 years.This is where I wanted to be, join the bureaucracy, and then rise high enough to shape the policy-making. (Usually around Level 13 or so)Now, I have been working with the MHA for the last two years, at Level 07.This is the middle management services.This is where the policies which are “drafted” by the top echelons are “implemented” on-ground.Working in rural Bihar for the last 02 years, I have understood the exact ground realities, of where exactly it is going wrong, and how the policy drafting needs a bit change, by someone who has actual on-ground realistic experiences.But, a Level 07 employee can grow upto max of Level 10 or 11, where you start competing with junior IAS officers when you are about to retire. (Example Promoted SP vs IPS SP)So, in a span of 35 years, I will get only 3–5 promotions, and that too will be still stuck in middle management, and never reach the “ideation” and “policy-drafting” stages.So, how do I make a shift from “Policy Implementation” to “Policy Drafting” now? Which is where I really want to be.I am not able to clear the UPSC exam. I have tried.I am stuck in middle management, away from home, with an unstable life, mediocre salary, erratic transfers and postings, very few promotions and very slow career growth and strained personal relationships.If I get married to anyone soon, she would want to work in a city, which would again increase long distance and put more strain on the family.So, how do I make a shift from “Policy Implementation” to “Policy Drafting” considering all these factors?The answer came here - Lateral Entry from the Corporate - Lateral entry: Over 6,000 private sector specialists apply for 10 joint secretary posts in governmentAnd this privatization of the Government by bringing in external specialists is going to increase a lot in the next two decades or so.And they are getting Joint Secretary posts directly, which is a Level 15 post. A direct jump from Level 07 to Level 15, and if I stay I would retire by Level 10.I had to think.I had a plan.A long-term plan, with lots of risks and possibilities of failing.Get into the corporate sector.The lateral entry needs 15 years of total work-ex. I already have 05 years work-ex (Startup, Sabre and MHA)I need to work for 10 years, a decade in the corporate sector, after which I can make a shift to upper civil services - Level 15 in a very short time.And I have seen the 6000 applicants - Some are good, some are okay, not that stellar - I know my work ex in the Central Government in rural Bihar would stand out and would get a chance to interview for the Joint Secretary posts - This is 10 years later I am talking about - 2030 - When I am around 38 years old.So, how do I jump into the corporate sector?Some private job which deals with Public Policy or Development Consultancy or Social Impact or Public Administration jobs ?Also, I need a post-graduation, ensuring all the educational qualifications are in place.So, I made a list of colleges/schools/institutes which would get me a Post Grad and a job in the public policy sector domain.Tata Institute of Social Sciences, Mumbai - M.A. in Public Policy - This has good curriculum and good placements in the public sector, But, intake is just 40 - Lots of high competition.Indian Institute of Public Administration, New Delhi - This has become more of a training ground to IAS, IFoS than to freshers, so nope.Indian School of Business, Hyd - MBA with Public Policy Specialization - This has an intake of 880 students, with average age of 27 years, and has around 40 job opportunities in the public sector domain.And I wanted to apply for Indian schools only - Not, US, UK, Asian, etc. No INSEAD, NUS, LBS, nah - They don’t align with my goals.I could have tried CAT for the IIMs PGDM, but I am too old for that, with 5 years of work ex, I wouldn’t get much of public policy related jobs.I could have tried for IIMs Executive MBA, the PGPX and EPGP, again they don’t specialize in Public Policy analysis that well.ISB made the perfect sense to me.ISB has a specialization/major in Public Policy - Govt of Andhra, Telangana, Dalberg, Cargill - All working in PP sector come for placements. I could try for management consulting for govt sector or development consulting roles - Which are around 200 jobs in total.Work for 10 years in the Corporate sector with Public Policy.Higher pay, urban life, faster promotions, happy family life - And most importantly, I can focus on public policy ideation.And a decade later, apply for the lateral entry to the Government as Joint Secretary posts.And then see what will happen.I know it is a long shot. But a plan had to be formed.And that is why the MBA. At this juncture.I am 27 years old. Time is running out.A One-Year flagship ISB MBA made sense to me, which will plunge me to the upper public policy analysis sector of the corporate world.And that is why the Indian School of Business, Hyderabad.It is not the money or the getting suited up or anything.I had the goal of Govt Policy ideation and drafting 05 years ago. UPSC was the best way to do it. It didn’t happen.So, now will try the second best way to reach the goals.The ends are the same. Only the means have changed.ISB - IITM - MHA - GoI - Quora - Rural Bihar.All are dots that are now being connected.As I said, my story hasn’t ended yet.It has only begun.

This is exceedingly important, and if you are a US citizen, it is nothing less than your duty to understand the full significance of these text messages. If you only read one of my answers this year, I would like this to be the one. I can’t remember another answer I have written on a matter of graver importance.First, we need to introduce a few characters.Kurt Volker. Career diplomat. He’s worked for the CIA, State Department, and National Security Council. He has also been the United States Permanent Representative to NATO. Most recently, he was the Special Representative for Ukraine from July 2017 to his resignation in late September 2019.Andriy Yermak. Friend and aide to Ukrainian president Volodymyr Zelensky. He is the man entrusted to negotiate both with the US and with Russia.Gordon Sondland. Hotel tycoon. Republican donor. Currently, he is the United States Ambassador to the European Union. He has been in the news in the past couple of days because he was supposed to appear for a closed-door deposition to which he had been summoned because Republican Senator Ron Johnson stated to the Wall Street Journal that Sondland had told him back in August that the military aid passed by the US Congress and blocked by the Trump administration would only be released if Ukraine agreed to the investigation Trump wanted.[1] Trump instructed Sondland not to cooperate, so the deposition did not happen as scheduled. Sondland has now been subpoenaed.[2]Bill Taylor. West Point and Harvard graduate. Career diplomat. Former ambassador to Ukraine. Currently the Chargé d'affaires for Ukraine since 2019.All right. Now that we have our cast of characters, let’s proceed to examine the most important exchanges.July 19 2019.[7/19/19, 4:49:42 PM] Kurt Volker: Can we three do a call tomorrow—say noon WASHINGTON?[7/19/19, 6:50:29 PM] Gordon Sondland: Looks like Potus call tomorrow. I spike [sic] directly to Zelensky and gave him a full briefing. He’s got it.[7/19/19, 6:52:57 PM] Gordon Sondland: Sure![7/19/19, 7:01:22 PM] Kurt Volker: Good. Had breakfast with Rudy this morning-teeing up call w Yermak Monday. Must have helped. Most impt is for Zelensky to say that he will help investigation—and address any specific personnel issues—if there are anyThe American diplomats have talked to the Ukrainian president in anticipation of a phone call between the US and Ukrainian presidents, and the most important thing the US side is asking for is help with the investigation into the US president’s rival.July 21 2019.[7/21/19, 1:45:54 AM] Bill Taylor: Gordon, one thing Kurt and I talked about yesterday was Sasha Danyliuk’s point that President Zelenskyy is sensitive about Ukraine being taken seriously, not merely as an instrument in Washington domestic, reelection politics.[7/21/19, 4:45:44 AM] Gordon Sondland: Absolutely, but we need to get the conversation started and the relationship built, irrespective of the pretext. I am worried about the alternative.The US diplomat in Ukraine is conveying the message that the Ukrainian president doesn’t want to be a mere tool in the reelection of the US president. He wants Ukrainian issues—namely the fact that there is a Russian military intervention in Eastern Ukraine—to be taken seriously.There would be no need to state that Zelensky doesn’t want to be a tool in US reelection politics if this wasn’t what was happening.Sondland replies that he is in agreement [that Ukraine and Zelensky need to be taken seriously] but he sees getting a relationship and conversation established between Trump and Zelensky as really important. And if this request for an intervention is what it takes, so be it. Otherwise, the alternative will be an isolated Ukraine, left to fend for itself against Russia.July 25, 2019, day of the famous phone call.[7/25/19, 8:36:45 AM] Kurt Volker: Good lunch - thanks. Heard from White House—assuming President Z convinces trump he will investigate / “get to the bottom of what happened” in 2016, we will nail down date for visit to Washington. Good luck! See you tomorrow- kurtQuid pro quo.Quid: Zelensky convinces Trump he will investigate the Crowdstrike conspiracy theory.[3]Quo: Zelensky gets to visit Washington.Why is visiting Washington such a big deal for Zelensky? He gets to show the world—and Russia—that there is no daylight between Kiev and Washington.It is important to note the contrast between what the two countries are negotiating for. Zelensky wants something for the benefit of Ukraine. Trump wants something for the benefit of Trump. He wants a personal favor.Favor… let’s return to that word in the infamous July 25 phone call:Zelensky is talking about cooperation “in the area of defense”:[4]I would also like to thank you for your great support in the area of defense. We are ready to continue to cooperate for the next steps. specifically we are almost ready to buy more Javelins from the United States for defense purposes.Trump immediately replies:I would like you to do us a favor though because our country has been through a lot and Ukraine knows a lot about it. I would like you to find out what happened with this whole situation with Ukraine, they say Crowdstrike... I guess you have one of your wealthy people... The server, they say Ukraine has it. There are a lot of things that went on, the whole situation. I think you’re surrounding yourself with some of the same people. I would like to have the Attorney General call you or your people and I would like you to get to the bottom of it.Yes, yes, I know you want to talk about getting assistance from us in your fight against Russia-backed separatists in Eastern Ukraine, but I need you to do me a favor, though… I would like you to investigate this conspiracy theory about Crowdstrike.Also…The other thing, There’s a lot of talk about Biden’s son, that Biden stopped the prosecution and a lot of people want to find out about that so whatever you can do with the Attorney General would be great. Biden went around bragging that he stopped the prosecution so if you can look into it... It sounds horrible to me.What is clear, here, is that this wasn’t a spontaneous Trumpian outburst. Trump had been using the US diplomatic apparatus to request help—not for anything related to US interests, but for his personal campaign.After the phone call, still on July 25, we get this exchange:[7/25/19, 10:15:06 AM] Andrey Yermak: Phone call went well. President Trump proposed to choose any convenient dates. President Zelenskiy chose 20,21,22 September for the White House Visit. Thank you again for your help! Please remind Mr. Mayor to share the Madrid’s dates[7/25/19, 10:16:42 AM] Kurt Volker: Great —thanks and will do!The Ukrainians think they’ve got an agreement, and they’re selecting dates for a meeting. But there’s no deal yet, as they will soon find out.August 9, 2019[8/9/19, 11:27 AM] Kurt Volker: Hi Mr Mayor! Had a good chat with Yermak last night. He was pleased with your phone call. Mentioned Z making a statement. Can we all get on the phone to make sure I advise Z correctly as to what he should be saying? Want to make sure we get this done right. Thanks!Gordon Sondland: Good idea Kurt. I am on Pacific time.Rudy Giuliani: Yes can you call now going to Fundraiser at 12:30The Trump team wants Zelensky to make a public statement about investigating Crowdstrike and Biden. Volker wants to get on the phone to tell the Ukrainian president what he needs to say to satisfy Trump.Later on the same day.8/9/19, 5:35:53 PM] Gordon Sondland: Morrison ready to get dates as soon as Yermak confirms.[8/9/19, 5:46:21 PM] Kurt Volker: Excellent!! How did you sway him? :)[8/9/19, 5:47:34 PM] Gordon Sondland: Not sure i did. I think potus really wants the deliverable[8/9/19, 5:48:00 PM] Kurt Volker: But does he know that?[8/9/19, 5:48:09 PM] Gordon Sondland: Yep[8/9/19, 5:48:37 PM] Gordon Sondland: Clearly lots of convos going on[8/9/19, 5:48:38 PM] Kurt Volker: Ok—then that’s good it’s coming from two separate sources[8/9/19, 5:51:18 PM] Gordon Sondland: To avoid misundestandings, might be helpful to ask Andrey for a draft statememt (embargoed) so that we can see exactly what they propose to cover. Even though Ze does a live presser they can still summarize in a brief statement. Thoughts?[8/9/19, 5:51:42 PM] Kurt Volker: Agree!Trump wants “the deliverable.” He doesn’t just want a promise that Ukraine will help with his pet investigation; he wants to see “a draft statement” of a public declaration by the Ukrainian president.Can we all dispense with the notion that Trump is seeking to fight corruption in Ukraine? There is nothing demanded of the Ukrainians that would do anything about corruption in general. There are only 2 issues of concern to Trump:The idiotic conspiracy theory about Crowdstrike.Digging up dirt on Biden and his son.Let’s remember for a moment that Sondland, one of the people involved in this travesty of diplomacy, told a Republican Senator that this was the reason why military aid was being held from Ukraine.August 10 2019[8/10/19, 4:56:15 PM] Andrey Yermak: Hi Kurt. Please let me know when you can talk. I think it’s possible to make this declaration and mention all these things. Which we discussed yesterday. But it will be logic to do after we receive a confirmation of date. We inform about date of visit and about our expectations and our guarantees for future visit. Let discuss it[8/10/19, 5:01:32 PM] Kurt Volker: Ok! It’s late for you—why don’t we talk in my morning, your afternoon tomorrow? Say 10am/5pm?[8/10/19, 5:02:18 PM] Kurt Volker: I agree with your approach. Let’s iron out statement and use that to get date and then PreZ can go forward with it?[8/10/19, 5:26:17 PM] Andrey Yermak: Ok[8/10/19, 5:38:43 PM] Kurt Volker: Great. Gordon is available to join as well[8/10/19, 5:41:45 PM] Andrey Yermak: Excellent[8/10/ 19, 5:42:10 PM] Andrey Yermak: Once we have a date, will call for a press briefing, announcing upcoming visit and outlining vision for the reboot of US- UKRAINE relationship, including among other things Burisma and election meddling in investigations[8/10/19, 5:42:30 PM] Kurt Volker: Sounds great!Negotiation over the quid pro quo. Ukraine wants to get a meeting date first, then collaborate on drafting a statement with the Trump team to publicly mention Trump’s pet investigations. The Trump diplomats want:Draft the statement first.Show the draft statement to Trump so get him to agree to a specific meeting date.It goes without saying that they would not be doing so if he hadn’t instructed them to. This is certainly not standard diplomatic procedure.August 13, 2019: the Trump diplomats discuss the draft statements they will propose to the Ukrainians:[8/13/19, 10:26:44 AM] Kurt Volker: Special attention should be paid to the problem of interference in the political processes of the United States especially with the alleged involvement of some Ukrainian politicians. I want to declare that this is unacceptable. We intend to initiate and complete a transparent and unbiased investigation of all available facts and episodes, including those involving Burisma and the 2016 U.S. elections, which in turn will prevent the recurrence of this problem in the future.[8/13/19, 10:27:20 AM] Gordon Sondland: Perfect. Lets send to Andrey after our callAugust 17, 2019.[8/17/19, 3:06:19 PM] Gordon Sondland: Do we still want Ze to give us an unequivocal draft with 2016 and Boresma?[8/17/19, 4:34:21 PM] Kurt Volker: That’s the clear message so far ...[8/17/19, 4:34:39 PM] Kurt Volker: I’m hoping we can put something out there that causes him to respond with that[8/17/19, 4:41:09 PM] Gordon Sondland: Unless you think otherwise I will return Andreys call tomorrow and suggest they send us a clean draft.Again, the Ukrainians have still not gotten a meeting date. They can’t get a meeting (quo) until they submit a draft statement (quid) showing that their president will publicly pledge to pursue Trump’s pet investigations.On August 28, a story appears in Politico explaining that Trump is withholding the Congress-approved military aid package to Ukraine. [5]The same day, we get these messages:[8/29/19, 2:28:19 AM] Andrey Yermak: Need to talk with you[8/29/19, 3:06:14 AM] Andrey Yermak: https://www.politico.com/story/2019/08/28/trump-ukraine-military-aid-russia- 1689531[8/29/19, 6:55:04 AM] Kurt Volker: Hi Andrey - absolutely. When is good for you?The Ukrainians are understandably not too happy about this. Presumably this is what the talk will be about. This is also the moment when Senator Ron Johnson, who is supportive of military assistance to Ukraine, is seeking answers from Sondland and Trump about why exactly the aid package is being delayed. Sondland tells him it’s about the investigations requested by Trump. Trump denies it when confronted. [6]August 30, 2019[8/30/19, 12:14:57 AM] Bill Taylor: Trip canceled[8/30/19, 12:16:02 AM] Kurt Volker: Hope VPOTUS keeps the bilat – and tees up WH visit...[8/30/19, 12:16:18 AM] Kurt Volker: And hope Gordon and Perry still going…[8/30/19, 5:31:14 AM] Gordon Sondland: I am going. Pompeo is speaking to Potus today to see if he can go.The trip where Trump and Zelensky were supposed to meet is canceled.September 1, 2019[9/1/19, 12:08:57 PM] Bill Taylor: Are we now saying that security assistance and WH meeting are conditioned on investigations?[9/1/19, 12:42:29 PM] Gordon Sondland: Call meBill Taylor almost sounds incredulous. Not only the White House meeting but also the military assistance depend on Ukraine acceding to Trump’s demands.This isn’t just a quid pro quo; it’s extortion. Trump is holding the official US foreign policy financed by the US Congress hostage to his electoral priorities.Sondland doesn’t think it prudent to reply via text.September 8, 2019[9/8/19, 11:20:32 AM] Gordon Sondland: Guys multiple convos with Ze, Potus. Lets talk[9/8/19, 11:21:41 AM] Bill Taylor: Now is fine with me[9/8/19, 11:26:13 AM] Kurt Volker: Try again—could not hear[9/8/19, 11:40:11 AM] Bill Taylor: Gordon and I just spoke. I can brief you if you and Gordon don’t connect[9/8/19, 12:37:28 PM] Bill Taylor: The nightmare is they give the interview and don’t get the security assistance. The Russians love it. (And I quit.)Bill Taylor, the top diplomat in Ukraine, is worried that even if Ukraine complies with releasing the statement Trump wants, they still might not get the military assistance approved by Congress. Russia would be thrilled. And Taylor would quit in protest.September 9, 2019[9/9/19, 12:31:06 AM] Bill Taylor: The message to the Ukrainians (and Russians) we send with the decision on security assistance is key. With the hold, we have already shaken their faith in us. Thus my nightmare scenario.[9/9/19, 12:34:44 AM] Bill Taylor: Counting on you to be right about this interview, Gordon.[9/9/19, 12:37:16 AM] Gordon Sondland: Bill, I never said I was “right”. I said we are where we are and believe we have identified the best pathway forward. Lets hope it works.[9/9/19, 12:47:11 AM] Bill Taylor: As I said on the phone, I think it’s crazy to withhold security assistance for help with a political campaign.[9/9/19, 5:19:35 AM] Gordon Sondland: Bill, I believe you are incorrect about President Trump’s intentions. The President has been crystal clear no quid pro quo’s of any kind. The President is trying to evaluate whether Ukraine is truly going to adopt the transparency and reforms that President Zelensky promised during his campaign I suggest we stop the back and forth by text If you still have concerns I recommend you give Lisa Kenna or S a call to discuss them directly. Thanks.Bill Taylor is again worried that the US-Ukraine relationship has been jeopardized with the withholding of the funds earmarked for security assistance, which Ukraine rightly sees as a problem of the utmost importance.“I think it’s crazy to withhold security assistance for help with a political campaign.”Sondland denies it over text, but it’s hard to take his denial seriously unless you’re already committed to voting for Trump:It’s the exact opposite of what he told Senator Johnson.It has the exact air of a man saying “I want to make it crystal clear that this is NOT a shakedown” even as he shakes you down.So, let’s recapitulate.The US Congress adopted as its official foreign policy the provision of military assistance to Ukraine, a US ally battling a Russian-backed separatist war in its Eastern territory.The president of the United States, with no good explanation, failed to release the appropriated funds to the Ukrainian government.The president of the United States used the machinery of US diplomacy to request assistance with pet investigations meant for his personal benefit.The Crowdstrike story is a conspiracy theory so idiotic that it is a scandal in itself that a president of the US could have believed in it. It is yet one more piece of evidence that rather than obtaining his information from security briefings, Trump gets his information from right-wing conspiracy media outlets.The Ukrainian prosecutor who was fired was fired not because Biden was trying to protect his son but because the EU, the IMF, the US, and Ukrainian reform advocates demanded his departure precisely because he wasn’t doing enough to fight corruption.[7]The president made both a meeting with his Ukrainian counterpart and the release of Congress-approved military assistance contingent on having the Ukrainian president provide him with assistance in his reelection campaign.Irrespective of your own opinion on the matter, this is precisely how both the top US diplomat on the ground and the Ukrainian president saw it.This man must be removed from office. He is a malignant cancer to the norms of good governance. His subversion of the machinery of diplomacy to the furtherance of his own purposes is completely unacceptable.Footnotes[1] Trump, in August Call With GOP Senator, Denied Official’s Claim on Ukraine Aid[2] Democrats subpoena Gordon Sondland after Trump intervenes[3] Trump seized on a conspiracy theory called the 'insurance policy.' Now, it's at the center of an impeachment investigation.[4] Full Document: Trump’s Call With the Ukrainian President[5] Trump holds up Ukraine military aid meant to confront Russia[6] Trump, in August Call With GOP Senator, Denied Official’s Claim on Ukraine Aid[7] Why Was Ukraine's Top Prosecutor Fired? The Issue At The Heart Of The Dispute Gripping Washington

Selected interview questionsCandidate: 00101.What do you mean by off balance sheet items?02.What do you mean by letter of credits?03.What is the difference between Repo rate and Reverse repo rate?04.When a customer wants to avail loan from the bank for the purchase of machinery, the banker demands margin money and what do you mean by margin money and why it is required ?05.What do you mean by green shoe option and red herring prospectus?06.What do you mean by current assets in the case of balance sheet of any firm?07.What do you mean by insolvency?08.In the case of a bank becoming insolvent, what is the insurance amount paid by DICGC to the depositors?09.What do you mean by IFSC code and MICR code?10.What do you mean by garnishee order and income tax attachment order?Candidate: 00201.What do you mean by the different income tax slab rates as at presentWhat is called as negotiability?02.Which are non negotiable instruments which are handled in banks?03.What do you mean by allonge?04.What is known as pink revolution, grey revolution, red revolution and silver revolution?05.What is known as gross block and net block?06.What is known as demat accounts and demat accounts are opened with whom in our country?07.What do you mean by sundry debtors in the case of the balance sheet of any firm?08.What is known as NIFTY and how it is calculated?09.What do you mean by below par, at par and above par?10.What is known as reverse mortgage scheme and who is eligible to avail such loan?Candidate: 00301.What are the different kinds of loan facilities provided by a bank to their customers?02.What do you mean by retail lending?03.What do you mean by term loan ?04.What do you mean by depositories and in our country how many depositories are available?05.What is the difference between call money, notice money and term money?06.What is known as TOD?07.What is known as nomination?08.What do you mean by limitation period?09.Which do you call as liquid assets?10.What are the different kinds of risks which face today?Candidate: 00401.What is the difference between a cheque and demand draft?02.What are the different parties to a cheque?03.Mention three negotiable instruments which are in use at banks?04.What do you mean by EEFC account?05.What is known as monetary policy?06.What is known as safe custody service?07.What is the relationship between the banker and customer in the case of safe custody service?08.What do you know by MUDRA scheme?09.What do you know by MSME and what are the services provided by MSME to new entrepreneurs?10.Which is the largest bank in the country and what is the criteria by which the size of the bank is decided?Candidate: 00501.What do you mean by public sector bank and which are public sector banks in our country?02.Who is known as Non Resident Indian and as per which act?03.What is the difference between FERA and FEMA?04.What do you mean operation risk faced by any bank?05.What do you mean by priority sector advances?06.What do you know by DRI advance?07.What do you know by RUPAY/08.Who is the best central bank governor as at present in the world?09.Who is the CEO of SBI, ICICI Bank?10.Name six women chief ministers of the countryCandidate: 006:01.What do you know by inoperative account and unclaimed deposits?02.What do you know by PURA and who is responsible for implementing the above strategy?03.What are the salient features of MGNREGA?04.What do you know by LPG and who has presented the guidelines regarding LPG in the country?05.Which is the first new generation bank to get licence to conduct banking in the country?06.Which is the first new generation bank to open a bank branch in the country?07.Which bank was opened recently in our country?08.What are the salient features of small bank and payment bank?09.Which individual who is connected with cricket was awarded with BHARAT RATHNA award in the country?10.What is the difference between general reserve and capital reserve?Candidate: 007:01.What do you know by financial year and banks are closing their books of accounts on which day at the end of financial year?02.What is known as concurrent audit conducted by banks in the country?03.Which are financial intermediaries in the country?04.What are the different kinds of loans provided as direct agriculture advances?05.What are the different kinds of loans provided as indirect agriculture advances?06.What is the difference between CRR and SLR?07.What do you mean by base rate?08.How can you differentiate Repo rate, Marginal standing facility and Bank rate?09.What are the different kinds of treasury bills and who issues treasury bills in the country?10.What is the difference between debit card and credit card?Candidate: 008:01.What do you mean by plastic money and plastic currency?02.What do you mean by PIN and PAN?03.Explain NEFT and RTGS?04.What are the salient features of RTGS?05.What do you mean by real time and gross settlement ?06.What do you mean by CTS and in what way CTS code helps fraudulent encashment of cheques through collection?07.What are the kinds agriculture loans provided to individual farmers?08.What is meant by TDS?09.What are the salient features of partnership deed?10.What are the different retail lending schemes provided by banks as at present?Candidate: 009:01.What do you mean by EMI?02.What is known as teaser rate?03.What is known as consortium finance?04.What is known as marginal standing facility?05.What do you know by Nostro, Vostro and Loro?06.How a minor can open a deposit account?07.What is the difference between order cheque and bearer cheque?08.Explain the salient features of Bharath Nirman scheme?09.What are the different kinds of loan facilities to exporters?10.What do you know by preshipment finance and postshipment finance?Candidate: 010:01.What do you know by devaluation of currency ?02.What are the salient features of drip irrigation and springler irrigation?03.What do you know by green revolution?04.What is the purpose of bank nationalization?05.Which banks are having their headquarters at Kolkatta?06.Which banks are having their headquarters at New Delhi?07.What do you know by horizontal merger?08.Provide examples of horizontal merger in the case of nationalized banks and recent horizontal merger in the case of private sector bank?09.What do you know by arbitrage?10.Who is known as arbitrator and in the case of banking sector how he is understood?Candidate: 011:01.Who was the first governor of RBI?02.Who was the first governor of RBI by an Indian national?03.Who was the predecessor to the present governor?04.What do you know by selective credit control measures?05.What is meant by dear money policy?06.What is meant by Initial Public Offer?07.What is the difference between mortgage and hypothecation?08.What are the salient features of trust?09.In case of forged currency note presented to the bank, what is the duty of the banker?10.What is the definition for NPA in the case of term loan and working capital?Candidate: 012:01.What are the different kinds of export credit facilities available to a customer from the bank?02.What is the difference between commercial bank and development bank?03.Explain about three development banks in the country and their functions?04.What is the difference between consortium banking and syndication of credit?05.What are the various parties in respect of bills of exchange?06.What are the functions of NABARD?07.What do you mean by IE code and from whom it is obtained and for what purpose?08.In the case of housing loan what is the relationship between customer and banker?09.What are the differences between primary market and secondary market?10.What is the difference between equity capital and preference capital?Candidate: 013:01.What do you know by ASBA?02.What is the difference between NIFTY and SENSEX?03.What do you know by float and outstanding capital?04.What do you mean by market capitalization and EPS?05.What is meant by narrow bank, universal bank and Islamic bank?06.What do you know by assurfinance and bankassurance?07.What types of investments are eligible for getting IT rebate?08.What are the salient features of Recurring deposit scheme?09.What is the difference between FCNR and RFC accounts?10.What are the salient features of EEFC account?Candidate: 014:01.What do you mean by break even point?02.What do you know by pay in slip and withdrawal slip?03.What is the difference between collateral security and prime security?04.What is meant by money laundering and what are the steps taken by RBI in order to counter money laundering in banks?05.What do you mean by special crossing and general crossing?06.When a cheque is presented for payment, what are the features to be examined in the cheque before making payment?07.Who is a holder and holder in due course in the case of cheque?08.What is known as mutual fund?09.Who is called as appraiser?10.Whether gold coins can be accepted while granting gold loans and what are the conditions while granting loans against gold coins?Candidate: 015:01.What do you know by bullion?02.What is the difference between safe custody of articles and safe deposit locker?03.What do you know by executor and administrator?04.What do you know by balance sheet and profit and loss account?05.What do you know by BOT?06.What do you know by DRT?07.What is the difference between black money and illegal money?08.What do you mean by gross domestic product and gross national product?09.What do you know by gold monetization scheme and gold deposit scheme?10.In what way, the increase or decrease in REPO rate affects the money supply in the country?Candidate: 016:01.What do you mean by SWIFT?02.What is understood by SARFAESI act?03.What is known as insider trading?04.Where is the headquarters of OTCEI and in what way OTCEI differs from the functions sof SENSEX and NIFTY?05.What is known as PDI?06.What do you mean by gilt edged securities and why they are called as gilt edged securities?07.What is known as cheque bouncing and what are the reasons by which cheques are returned by the banker?08.What is the difference between natural guardian and guardian?09.What is known as material alteration ? Site some examples for material alteration10.What do you mean by ways and means advances?Candidate: 017:01.What do you know by intangible assets and site some examples for intangible assets?02.What are the different kinds of debentures issued by a company?03.What is the difference between off balance sheet items and on balance sheet items?04.What do you know by authorized capital, issued capital, subscribed capital and paid up capital?05.What are the functions of DICGC?06.What are the functions of ECGC?07.What is the difference between executor and administrator?08.What do you mean by NAV?09.Mention the relationship between the customer and banker in the case of deposit account, loan account, housing loan account, vehicle loan account , loan against fixed deposit and loan against insurance policy?10.Which picture has been printed in the currency notes of value – Rs. 500; Rs. 20 and Rs. 10?Candidate: 018:01.What is known as break even point?02.Explain IFSC code and its importance?03.Explain MICR code and its importance?04.What do you mean by Imperial Bank?05.What do you mean by authorized persons?06.Which are called as financial intermediaries and what are their functions?07.Explain the first and second stage of nationalization of banks in the country?08.How RRBs are sponsored and how many RRBs are functioning in Tamilnadu?09.What is the difference between pay in slip, withdrawal slip and a cheque?10.What is known as POS?Candidate: 019:01.What do you mean by asset liability management and its importance?02.What do you mean by factoring and forfeiting?03.Holidays in banks are declared according to which act?04.Explain call money, notice money and term money05.What are the salient features of PMIEGP?06.What do you know by payment bank, small bank and correspondent bank?07.What is known as gross block and net block?08.What are the recovery steps taken by a bank for the purpose of recovering non performing asset?09.What are the different kinds of NPA and why it is so called?10.Explain the salient features of MGNREGA?Candidate: 020:01.What are the salient features of SARFAESI act?02.Explain CAMELS03.What are the different kinds of guarantees?04.In the case of financial guarantee, who is called as the principal debtor, surety and beneficiary?05.Explain letter of credit and the parties involved in the case of letter of credit06.What are the documents requiring for opening NRI account?07.What is known as soft bank?08.What is known as tatkal banking?09.What are the various forms of retail lending schemes available in any commercial bank?10.Explain non life insurance companies owned by GOI in the countryCandidate: 020:01.What are the principles of insurance?02.What do you mean by subrogation in the case of insurance?03.What is known as sundry creditors and sundry debtors when it comes to the balance sheet of any firm?04.What do you know by BITCOIN?05.What is known as balance of payment and balance of trade?06.Differentiate demand deposits and term deposits07.Explain savings bank account08.What is the procedure to be followed by the bank while opening an account in the name of blind person?09.What is known as subsidy and how subsidy is disbursed to the borrower by the bank?10.Explain the different kinds of parties involved in the case of any cheque?Candidate: 021:01.What is the difference between simple interest and compound interest?02.What are the salient features of PMJDY scheme?03.What do you know by service tax and what is the rate at present?04.Explain the standard deduction limits permitted for the public under three categories when it comes to income tax calculations?05.What do you know by reconstitution of any partnership firm?06.When a partnership firm is dissolved?07.What do you know by working hours and business hours for any bank?08.What is the difference between NEFT and RTGS in regard to payment of money?09.What is the procedure to be followed by any customer, when he is approaching banking ombudsman while addressing a complaint?10.What do you know by CIBIL?Candidate: 022:01.Explain deferred payment guarantee issued by any bank?02.What is known as sabbatical leave?03.Explain a business loan, personal loan and SSI loan04.What do you know by bill of lading?05.What do you know by promissory note?06.What do you know by NBFC?07.What is known indigenous bank?08.In what way payment bank differs from small bank?09.What is the procedure in regard to payment of an order cheque when it is presented in the counter for payment?10.Explain the important document which is required at the time of opening NR account and what are the important features to be noted in such document?