Federal Bank Relationship Manager Interview Questions and Answers

My specialty is in electronics and gadgets.

• I have extensive knowledge of the latest electronic products and trends.

• I am skilled in troubleshooting and repairing electronic devices.

• I have experience in managing inventory and ordering new products.

• I am familiar with various brands and can recommend the best products for customers.

• Examples of products I specialize in include smartphones, laptops, and gaming consoles.

Basic knowledge about banking

• Banking involves financial transactions such as deposits, withdrawals, loans, and investments

• Banks offer various types of accounts such as savings, checking, and money market accounts

• Banks also provide services such as credit cards, online banking, and mobile banking

• Banks are regulated by government agencies such as the Federal Reserve and FDIC

• Banking industry is constantly evolving with ne...read more

NEFT and RTGS are electronic funds transfer systems used in banking.

• NEFT stands for National Electronic Funds Transfer and RTGS stands for Real Time Gross Settlement.

• NEFT is used for transferring funds up to a certain limit, typically with a time delay, while RTGS allows for immediate and real-time transfer of large amounts.

• NEFT operates in hourly batches, while RTGS operates continuously throughout the working hours o...read more