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Hi Amreen,
The qualification and marks obtained does matter in every sphere of career.
Banking is a career that offers opportunities to students from all streams, be it humanities, commerce or science. However, to make a career in banking, you must be good at analyzing numbers, that is, your mathematics must be strong enough to interpret and analyse numerical data. You must be prepared for the Banking Entrance Exams and for the interviews that follow these entrance examinations.
An undergraduate degree is essential to kick start your career in banking.
Thereafter, you can sit for Bank PO exams or go ahead with higher education-
MBA Banking & Finance
PG Diploma in Banking & Operations
M.COM
PG Diploma in Financial Planning and Wealth Management
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The notification from G.O.I, Ministry of Power says.
Qualifications for Electrical Inspectors.-
(1) No person shall be appointed to be an Electrical Inspector unless -
(a) he possesses a Degree in Electrical Engineering or its equivalent from a recognized University or Institution; and
(b) he has been regularly engaged for a period of at least fifteen years in the practice of electrical engineering, of which not less than one year has been spent in an electrical or mechanical engineering workshop or in generation or transmission or distribution of electricity, or in the administration of the Act and these rules, in a position of responsibility :
(2) The person appointed as Electrical Inspector shall undergo such training as the Central Government may consider it necessary for the purpose and such training shall be completed to the satisfaction of the Appropriate Government.
However, The amount of education required of electrical inspectors varies from state to state. Electrical inspectors are generally required to have a high school diploma or GED. A college degree is not always required, because electricians often receive a large amount of on-the-job training. The Bureau of Labor Statistics points out, however, that an increasing number of electrical inspectors are entering the field with a college degree. Degrees in engineering, building inspection and construction technology are especially helpful, as are courses in mathematics and blueprint reading. Electrical inspectors must continue their education throughout their career in order to stay abreast of industry shifts and local electrical code changes.

Dear Siddhesh,
There is no as such basic difference among the two as both are Masters level degree. The only major difference between the two is that Master of Engineering (M.E.) is a course based master's degree. It is a purely academic qualification, predominantly a lecture based programme which is accredited by one of the professional engineering bodies like IMechE, IEE, etc.
Whereas, the Master of Technology (M.tech) is two years postgraduate program. The program emphasises more on practical skills with sufficient theory to develop in them the power of systematic thinking and reasoning, practical approach and exposition and also to understand the principles involved in the application.
For more, I would request Govind_S to share his valuable inputs.
Thanks
All The Best!