Federal Bank Probationary Officer Interview Questions and Answers

Faced a performance issue in a React Native app due to heavy data processing, resolved by optimizing state management and using memoization.

• Identified performance lag during data rendering in the app.

• Used React's useMemo and useCallback hooks to optimize component re-renders.

• Implemented pagination to load data in chunks instead of all at once.

• Conducted thorough testing to ensure the app remained responsive.

The governor is the head of the state government and is responsible for implementing state laws and policies.

• The governor is elected by the people of the state

• The governor has the power to veto legislation passed by the state legislature

• The governor is the commander-in-chief of the state's National Guard

• Examples: Governor Gavin Newsom of California, Governor Greg Abbott of Texas

Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which the central bank borrows money from commercial banks.

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

• Reverse repo rate is used to absorb excess liquidity in the market.

• For example, if the repo rate is increased, it becomes more expensive for banks to ...read more

Primavera P6 is a project management software used for planning, scheduling, and controlling large-scale projects.

• Primavera P6 helps in creating detailed project schedules with activities, resources, and timelines.

• It allows for tracking project progress, monitoring costs, and analyzing project performance.

• The software enables collaboration among team members and stakeholders, ensuring effective communication and c...read more

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

• Repo rate stands for 'repurchase rate'.

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

• When the repo rate is high, borrowing from the central bank becomes expensive, leading to a decrease in liquidity and inflation.

• When the repo rate is low, borrowing from the central bank becomes cheaper, lea...read more

CRR stands for Cash Reserve Ratio, which is the percentage of deposits that banks have to keep with the central bank.

• CRR is a monetary policy tool used by the central bank to control inflation and liquidity in the economy.

• Currently, the CRR in India is 4%.

• If the central bank increases the CRR, banks will have to keep more money with them, which reduces the amount of money available for lending and can lead to a de...read more