Banking Interview Questions and Answers, Essays (high school) of Business

Download Banking Interview Questions and Answers and more Essays (high school) Business in PDF only on Docsity! +Interview questions Yamen ahmed 11c 1. Brief me about yourself? introduce yourself starting with your name, qualification and all the other required information that is important for an interviewer to know. 2. Why do you want to join the banking sector? Banking is a lucrative career option that offers a range of benefits, including job security, career growth opportunities, attractive compensation, diverse job roles, exposure to the latest technologies, and opportunities for professional development 3. What are the types of accounts in a bank? 1.checking account 2.money market account 3.saving account 4. What are the necessary documents a person requires to open an account in a bank? Age 16 to 21 years old:A valid national ID, university ID (in case the customer is a university student), and guardian's proof of income. Age 21 and above: A copy of your valid National ID, or valid passport for foreigners. Recent original utility bill (electricity or gas) 5. What are the types of Commercial Banks? 1. Retail or Consuming Bank 2. Non- traditional Options 3. Securities and Investment Banking 6. What is the annual percentage rate (APR)? APR is known as the Annual percentage rate. It is a charge or interest that the bank imposes on their customers for using their services like loans, credit cards etc. The interest is calculated annually. 7. What is the debt to income ratio? Debt to income ratio is calculated by dividing a loan applicant’s total debt payment by his gross income. 8. What do you mean by Co-Maker?