Banking Interview Preparation Set – 3

Banking Interview Preparation Set 3

Get Regular Updates On a Daily Basis

[wysija_form id=”1″]

[do_widget “Recent Posts”]

Hello Readers,

With Banking interviews are now scheduled to take place in coming days we are here with important reading material important for Banking Interview. We will be publishing 11 set of materials in this section. All are very important for banking interview

What are non-performing assets (NPAs)?

Non-performing assets, also called non-performing loans, are loans made by a bank or finance company, on which repayments or interest payments are not being made on time. A debt obligation where the borrower has not paid any previously agreed upon interest and principal repayments to the designated lender for an extended period of time. The nonperforming asset is therefore not yielding any income to the lender in the form of principal and interest payments.

What is Recession?

A true economic recession can only be confirmed if GDP (Gross Domestic Product) growth is negative for a period of two or more consecutive quarters.

What are foreign exchange reserves?

Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits and bonds held by central banks and monetary authorities. However, the term in popular usage commonly includes foreign exchange and gold, SDRs and IMF reserve positions.