AU Small Finance Bank Banker Interview Questions and Answers

Maths, reasoning, general awareness and banking news, english and computer. I joined through IBPS in 2016. At present IDBI conducts exam Separately of assistant managers and executives.

Q1. Difference between fixed cost and variable cost
Ans. 
Fixed cost remains constant regardless of production while variable cost changes with production.
• Fixed cost is a cost that remains constant regardless of the level of production or sales. Examples include rent, salaries, insurance, and property taxes.

• Variable cost is a cost that changes with the level of production or sales. Examples include raw materials, labor, and utilities.

• Total cost is the sum of fixed and variabl...read more
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Q2. What is smart city ?
Ans. 
A smart city is a city that uses technology and data to improve the quality of life for its citizens.
• Smart cities use sensors and data analytics to manage resources efficiently.

• They prioritize sustainability and reduce environmental impact.

• Smart transportation systems, such as self-driving cars and bike-sharing programs, are common in smart cities.

• Examples of smart cities include Singapore, Barcelona, and Amsterdam.
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Q3. Name four deputy governors of RBI
Ans. 
Four deputy governors of RBI are BP Kanungo, MK Jain, MD Patra, and Rajeshwar Rao.
• BP Kanungo is in charge of currency management, payment systems, and information technology.

• MK Jain is responsible for banking regulation and supervision.

• MD Patra oversees monetary policy and research.

• Rajeshwar Rao is in charge of financial markets, internal debt management, and international operations.
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Q4. What is intangible asset?
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Intangible asset is a non-physical asset that has no intrinsic value but holds value due to its legal or intellectual property rights.
• Intangible assets are not physical in nature and cannot be touched or seen.

• They include patents, trademarks, copyrights, goodwill, brand recognition, and intellectual property.

• Intangible assets are valuable because they provide a competitive advantage and generate revenue for the company...read more
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Q5. Where intangible assets are shown in balance sheet?
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Intangible assets are shown in the balance sheet under non-current assets.
• Intangible assets are assets that lack physical substance, such as patents, trademarks, and goodwill.

• They are shown separately from tangible assets on the balance sheet.

• Intangible assets are usually amortized over their useful life.

• Examples of intangible assets include brand recognition, customer lists, and software licenses.
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