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Federal Bank Assistant Manager Interview Questions and Answers

Updated 4 Feb 2025

5 Interview questions

An Assistant Manager was asked
Q. What is the repo rate?
Ans. 

Repo rate is the rate at which the central bank of a country lends money to commercial banks.

  • Repo rate is used by central banks to control inflation and liquidity in the economy.

  • A higher repo rate means commercial banks will borrow at a higher interest rate, leading to less money in circulation.

  • Conversely, a lower repo rate encourages borrowing and spending, stimulating economic growth.

  • For example, if the repo rat...

An Assistant Manager was asked
Q. What happens if repo or reverse repo rates increase?
Ans. 

Increase in repo or reverse repo rates can lead to higher borrowing costs for banks, impacting liquidity and interest rates in the economy.

  • Higher repo or reverse repo rates can lead to increased borrowing costs for banks, as they have to pay more interest on funds borrowed from the central bank.

  • This can result in a decrease in liquidity in the banking system, as banks may be less willing to lend to each other or t...

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An Assistant Manager was asked
Q. Tell me about your background.
Ans. 

I have a diverse background in management, with experience in team leadership, project coordination, and strategic planning.

  • Over 5 years of experience in team management, leading a team of 10 in a retail environment.

  • Successfully implemented a new inventory management system that reduced stock discrepancies by 30%.

  • Conducted training sessions for new hires, improving onboarding efficiency by 25%.

  • Collaborated with cr...

An Assistant Manager was asked
Q. What is inflation? What should be the measures to curb it by RBI?
Ans. 

Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.

  • Inflation is measured by the Consumer Price Index (CPI) or the Wholesale Price Index (WPI).

  • RBI can curb inflation by increasing interest rates, reducing money supply, and implementing fiscal policies.

  • RBI can also use open market operations, reserve requirements, and exchange rate p...

An Assistant Manager was asked
Q. Meaning of marketing, and customer service
Ans. 

Marketing is the process of promoting and selling products or services, while customer service is the assistance provided to customers before, during, and after a purchase.

  • Marketing involves identifying customer needs and wants, creating products or services that meet those needs, and promoting them through advertising, sales, and other channels.

  • Customer service involves providing assistance to customers before, d...

Federal Bank Assistant Manager Interview Experiences

10 interviews found

Assistant Manager Interview Questions & Answers

user image Shreya Gupta

posted on 16 Dec 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Two-hour test covering aptitude, reasoning, general knowledge, general studies, banking, etc.

Round 2 - Group Discussion 

The topic related to cybersecurity with ten members on the panel.

Interview Preparation Tips

Interview preparation tips for other job seekers - Document verification followed by an interview.

Federal Bank HR Interview Questions

20 questions and answers

Q. What do you consider to be the strongest aspect of your resume?
Q. Are you comfortable with being posted in a remote location if you are from ... read more
Q. How can you excel in your role as an officer?
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Sep 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Quants, LRDI, General Knowledge, Sales Aptitude

Round 3 - Group Discussion 

Situation based topic where they check interpersonal skills

Round 4 - Technical 

(3 Questions)

  • Q1. HR questions and Resume Based
  • Q2. Banking Operations, Banking Awareness, Sales Skill
  • Q3. About lifestyle and health

Interview Preparation Tips

Interview preparation tips for other job seekers - Do panic. Have your basics clear. Communication and clarity of fundamentals are the key elements
Are these interview questions helpful?
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Apti and banking question were asked

Round 2 - Group Discussion 

Very easy group discussion overall

Round 3 - HR 

(2 Questions)

  • Q1. Family background
  • Q2. Are u willing to relocate

Interview Preparation Tips

Interview preparation tips for other job seekers - be calm and composed
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed in Sep 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Moderate level aptitude test

Round 3 - Group Discussion 

Situational based gd topics

Round 4 - HR 

(1 Question)

  • Q1. Tell me about yourself Work experience Relocation issue Behavioural based question

Interview Preparation Tips

Interview preparation tips for other job seekers - Be good and wait for complete the sentence of hr
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview before Feb 2024.

Round 1 - Aptitude Test 

It will contain English ,logically reasoning , and aptitude

Round 2 - Group Discussion 

One topic will be provided and around that topic you need to put your opinion

Round 3 - One-on-one 

(2 Questions)

  • Q1. About the company
  • Q2. Questions around your marketing and sales skills
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Mar 2023. There were 4 interview rounds.

Round 1 - Aptitude Test 

Very detailedabout banking

Round 2 - Group Discussion 

Very tough as every participant is well prepared

Round 3 - Simulation 

(1 Question)

  • Q1. It was pretty interesting and involved a bank branch simulation
Round 4 - One-on-one 

(1 Question)

  • Q1. One on one was very detailed, about personal life, my priorities, sales pitch, about company

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview was very detailed and involved multiple steps
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Sep 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Easy to moderate. Needs little practice before attempting

Round 2 - Group Discussion 

Case study based on decision making in a bank

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Oct 2022. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

Basic LI DI and quants questions

Round 3 - Group Discussion 

Random topics related to everyday news

Round 4 - HR 

(1 Question)

  • Q1. Basic HR round about background
  • Ans. 

    I have a diverse background in management, with experience in team leadership, project coordination, and strategic planning.

    • Over 5 years of experience in team management, leading a team of 10 in a retail environment.

    • Successfully implemented a new inventory management system that reduced stock discrepancies by 30%.

    • Conducted training sessions for new hires, improving onboarding efficiency by 25%.

    • Collaborated with cross-f...

  • Answered by AI
Round 5 - One-on-one 

(4 Questions)

  • Q1. Banking related questions like Repo rates and any new regulations of RBI
  • Q2. What is repo rate?
  • Q3. What happens if repo or reverse repo rates increased?
  • Q4. What is inflation? What should be the measures to curb it by RBI?
  • Ans. 

    Inflation is the rate at which the general level of prices for goods and services is rising, leading to a decrease in purchasing power.

    • Inflation is measured by the Consumer Price Index (CPI) or the Wholesale Price Index (WPI).

    • RBI can curb inflation by increasing interest rates, reducing money supply, and implementing fiscal policies.

    • RBI can also use open market operations, reserve requirements, and exchange rate polici...

  • Answered by AI

I applied via Campus Placement and was interviewed in Nov 2021. There were 3 interview rounds.

Round 1 - Aptitude Test 

General mathematical and ligocal reasoning questions. General english

Round 2 - Group Discussion 

Random topic and you have to share your thoughts within 1 min

Round 3 - HR 

(2 Questions)

  • Q1. Why banking after engineer
  • Q2. What are your strengths and weaknesses

Interview Preparation Tips

Interview preparation tips for other job seekers - Easy interview, be confident and try to answer every questions. Most of the questio would be from general common question like why should I hire you etc. Few questions related to banking.

I applied via Campus Placement and was interviewed before Jan 2019. There were 5 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Meaning of marketing, and customer service
  • Ans. 

    Marketing is the process of promoting and selling products or services, while customer service is the assistance provided to customers before, during, and after a purchase.

    • Marketing involves identifying customer needs and wants, creating products or services that meet those needs, and promoting them through advertising, sales, and other channels.

    • Customer service involves providing assistance to customers before, during...

  • Answered by AI
  • Q2. Why should we hire you
  • Ans. 

    I bring a unique blend of leadership, experience, and a results-driven mindset that aligns perfectly with your team's goals.

    • Proven leadership skills: Successfully led a team of 10 in a project that increased efficiency by 20%.

    • Strong communication: Regularly facilitated cross-departmental meetings to ensure alignment and collaboration.

    • Results-oriented: Achieved a 15% increase in sales through strategic planning and exec...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Always be confident, make eye contact, don't show your NURVESNESS, prepare well

Top trending discussions

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Interview Hub
4d (edited)
anshitanegi
·
ex -
Planet Spark
When HR’s Chinese English made me drop the interview!
So, I talked to the HR yesterday about the interview. I asked Please send me the location But their English… bro I was shocked! It was like talking to someone jisne english nahi kuch ar hi seekh liya ho, if the HR’s English is this I can only imagine the rest of the company I decided to drop the interview with this chinese english😶‍🌫️
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Federal Bank Interview FAQs

How many rounds are there in Federal Bank Assistant Manager interview?
Federal Bank interview process usually has 3-4 rounds. The most common rounds in the Federal Bank interview process are Aptitude Test, Group Discussion and HR.
What are the top questions asked in Federal Bank Assistant Manager interview?

Some of the top questions asked at the Federal Bank Assistant Manager interview -

  1. What is inflation? What should be the measures to curb it by R...read more
  2. What happens if repo or reverse repo rates increas...read more
  3. Meaning of marketing, and customer serv...read more
How long is the Federal Bank Assistant Manager interview process?

The duration of Federal Bank Assistant Manager interview process can vary, but typically it takes about less than 2 weeks to complete.

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Overall Interview Experience Rating

4.3/5

based on 8 interview experiences

Difficulty level

Easy 17%
Moderate 67%
Hard 17%

Duration

Less than 2 weeks 83%
2-4 weeks 17%
View more
Federal Bank Assistant Manager Salary
based on 786 salaries
₹10 L/yr - ₹18 L/yr
53% more than the average Assistant Manager Salary in India
View more details

Federal Bank Assistant Manager Reviews and Ratings

based on 132 reviews

3.6/5

Rating in categories

3.2

Skill development

3.0

Work-life balance

4.1

Salary

4.4

Job security

3.2

Company culture

3.2

Promotions

3.0

Work satisfaction

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