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SBI PO Interview - Questions asked on 21 October

Published on Saturday, October 25, 2014
One of my reader shared his interview experience with me along with various questions asked in his SBI PO interview on 21st October. Here is list of questions asked :- 

1 How the bonus shares are issued

New shares issued to existing shareholder in the ratio of their shareholding

2 What is govt's current policy for oil pricing, What are the changes in petrol and diesel prices. 

Prices are deregulated now. Fuel prices are now aligned with international oil prices. This has helped government to use money in infrastructure development. 

3 Who is nicknamed punter in cricket ?

Ricky Ponting from Australia

4. Name the methods of depreciation, which is better and why ?

Straight line method - A fixed amount depreciation is charged every year. 
Written down method - Depreciation rate is charged on residual value of asset each year. For example is rate is 10% and value of asset is Rs 10,000. Then Depreciation charged will be 
1st year - Rs 1000
2nd year - Now value of asset is Rs 9000, depreciation charged will be Rs 9000  

Written Down Value method is better as in reality value generation of an asset decreases so depreciation charged should be based on the value of asset and value it is generating. WDV method depicts a clear picture.

5. What is the difference between an SWO and a clerk.

Answer -

6. When the budget is declared, What is declared by the fin min before the day on which budget is declared. 

Pre-Budget discussions

These were the questions which I couldn't answer, I was asked about 16 Questions. Reat of them were rightly abswered probably. I am working as an assistant manager in Baroda Gujarat gramin bank, will this add any marks. I am quite scares and confused. Please help me for this

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