Interview Questions

Q:

Which Bank has obtained RBI approval to open representative offices in Kuwait and Singapore?

A) SBI B) Federal Bank
C) HDFC D) ICICI
 
Answer & Explanation Answer: B) Federal Bank

Explanation:

Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.

The bank has been the preferred banker for NRI's and the NRI friendly measures have resulted in increasing inflow of foreign remittances.

The bank already has its representative offices in Abu Dhabi and Dubai and it has tied up with 110+ overseas banks/remittance partners.

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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

When will you define a method as static?

Answer When a method needs to be accessed even before the creation of the object of the class then we should declare the method as static.
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Subject: Java

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Q:

What is difference between baseband and broadband transmission?

Answer

In a baseband transmission, the entire bandwidth of the cable is consumed by a single signal. In broadband


transmission, signals are sent on multiple frequencies, allowing multiple signals to be sent simultaneously.

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Q:

Selecting and managing marketing channels :

On what criteria can channel members be evaluated for their proper selection?

Answer

The SCPCA method can be used to evaluate channel members.


a) Sales (S): How much sales each channel member can give within a cetain time frame


b) Cost(C): How much cost would be incurred for each channel?


c) Profitability(P): Which channel can give better profitability to the company?


d) Control(C): Whether company can have better control over its channel members or not.


e) Adaptability (A): Whether the channel alternatives are flexible enough to any changes or not. The channel meeting the objectives of the company is selected

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Q:

What is accumulated loss?

Answer

A loss (or losses) from previous years carried forward in order to offset future earnings. This reduces the tax burden for the years with profit as the accumulated losses are deducted from the taxable profit.

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Subject: Accounts Payable

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Q:

The threshold limit upto which coins can be issued as per the Coinage Act 2011 ? 

A) 100 B) 200
C) 500 D) 1000
 
Answer & Explanation Answer: D) 1000

Explanation:
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Filed Under: Bank Interview
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

Who is responsible for maintaining the Accounts receivable in an organization?

Answer

Accountants... in big organization there will be a department to maintain AR department.

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Q:

What is the table that is used for aging bucket report, what is the main purpose of this report?

Answer

Time periods you define to age your debit items. Aging buckets are used in the Aging reports to see both current and outstanding debit items. For example you can define an aging bucket that includes all debit items that are 1 to 30 days past due.


Normal table used for this Report is < 30 days 30-60 days 60-90 days 90-180 days and >180 days

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