#Top50_Banking_InterviewQuestions & Answers
1) What is bank? What are the types of banks?
A bank is a financial institution licensed as a receiver of cash deposits. There are two types of banks, commercial banks and investment banks. In most of the countries, banks are regulated by the national government or central bank.
2) What is investment banking?
Investment banking manages portfolios of financial assets, commodity and currency, fixed income, corporate finance, corporate advisory services for mergers and acquisitions, debt and equity writing etc.
3) What is commercial bank?
Commercial bank is owned by the group of individuals or by a member of Federal Reserve System. The commercial bank offer services to individuals, they are primarily concerned with receiving deposits and lending to business. Such bank earns money by imposing interest on the loan borrowed by the borrower. The money that is deposited by the customer will be used by the bank to give business loan, auto loan, mortgages and home repair loans.
4) What are the types of Commercial Banks?
a) Retail or consumer banking
It is a small to mid-sized branch that directly deals with consumer’s transaction rather than corporate or other banks
b) Corporate or business banking
Corporate banking deals with cash management, underwriting, financing and issuing of stocks and bonds
c) Securities and Investment banking
Investment banking manages portfolios of financial assets, commodity and currency, fixed income, corporate finance, corporate advisory services for mergers and acquisitions, debt and equity writing etc.
d) Non-traditional options
There are many non-bank entities that offer financial services like that of the bank. The entities include credit card companies, credit card report agencies and credit card issuers
5) What is consumer bank?
Consumer bank is a new addition in the banking sector, such bank exist only in countries like U.S.A and Germany. This bank provides loans to their customer to buy T.V, Car, furniture etc. and give the option of easy payment through instalment.
6) What are the types of accounts in banks?
a) Checking Account: You can access the account as the saving account but, unlike saving account, you cannot earn interest on this account. The benefit of this account is that there is no limit for withdrawal.
b) Saving Account: You can save your money in such account and also earn interest on it. The number of withdrawal is limited and need to maintain the minimum amount of balance in the account to remain active.
c) Money Market Account: This account gives benefits of both saving and checking accounts. You can withdraw the amount and yet you can earn higher interest on it. This account can be opened with a minimum balance.
d) CD (Certificate of Deposits) Account: In such account you have to deposit your money for the fixed period of time (5-7 years), and you will earn the interest on it. The rate of interest is decided by the bank, and you cannot withdraw the funds until the fixed period expires.
7) What are the different ways you can operate your accounts?
You can operate your bank accounts in different ways like
a) Internet banking
b) Telephone or Mobile banking
c) Branch or Over the counter service
d) ATM ( Automated Teller Machine)
8) What are the things that you have to keep in concern before opening the bank accounts?
Before opening a bank account, if it is a saving account, you have to check the interest rate on the deposit and whether the interest rate remains consistent for the period. If you have the checking account, then look for how many cheques are free to use. Some banks may charge you for using paper cheques or ordering new cheque books. Also, check for different debit card option that is provided on opening an account and online banking features.
9) What is ‘Crossed Cheque’ ?
A crossed cheque indicates the amount should be deposited into the payees account and cannot be cashed by the bank over the counter.
#Invite https://t.me/OdeeffannooBeeksisaaHojii

Debre Tabor University 

Debre Tabor University invites qualified and experienced applicants for the positions stated below. The interested applicants can apply before the closing date of the application. For more information please read the full article.

Organization overview

Organization Name:  Debre Tabor University
Organization size:   8000-10000+ employees
Headquarters: Addis Ababa, Ethiopia
Official website: www.dtu.edu.et

Jobs position overview

Hiring in position:  Various positions (122 -positions 0 EXP )
Jobs type: Permanent
Salary: As per the school Scale
Workplace: Debre Tabor, Amhara Region, Ethiopia
Postdeadline: November 10, 2021
Take a few minutes and share the post with your friend to create equal jobs opportunities for all in Ethiopia.
NB: shola jobs are an online jobs search engine for jobs seekers in Ethiopia. If you are looking latest jobs in Ethiopia you’re in the right place. Just remember to visit the official website for the latest jobs vacancy.

Job Summary

Place of work or Location: Debre Tabor, Amhara Region, Ethiopia
Professions: adult-health-nursing, anesthetist, anthropology, archeology-and-heritage-management, biostatistics, botanical-sciences, cardiology, child-health, civics, civil-engineering, computer-science, counseling-psychology, education-psychology, electricity, English-teacher, ent- specialist, environmental-health, epidemiology, ethical-education, fetomaternal-medicine, gynecologist, health-economics, health-science, information-technology, internist, law, linguistics, management, mechanical-engineering, medical-microbiology, midwife-nurse, natural-resource-management, neurologist, nurse, nutrition, obstetrician-specialist, pediatric-nursing, pharmacist, physics-teacher, psychology, reproductive-health, social-work, sociology, software-engineering, soil-science, special-need-education, sport-science, statistics, zoology.

For more detailed information wait for the image to fully load (or long-press the image and open in a new tab for zoom in and out views)

#How to apply?

Interested applicants should submit their CVs as prescribed in the employment notification. Along with supporting documents (educational) in-person to Debera Tabor University HRM office.
For more information:- 0581410529
https://t.me/OdeeffannooBeeksisaaHojii