Axis Bank Gold Appraiser Interview Questions and Answers

Q1. What were your major findings during the audit?
Ans. 
During the audit, major findings included high levels of overdue accounts, discrepancies in financial records, and inadequate credit risk assessment procedures.
• High levels of overdue accounts were identified, indicating potential cash flow issues.

• Discrepancies in financial records were found, suggesting errors or fraud.

• Inadequate credit risk assessment procedures were noted, increasing the company's exposure to bad deb
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Q2. How do you conduct a fraud investigation?
Ans. 
Fraud investigations involve gathering evidence, analyzing data, interviewing witnesses, and collaborating with law enforcement.
• Start by gathering all relevant documents and data related to the suspected fraud.

• Conduct interviews with employees, customers, and other relevant parties to gather information and potential leads.

• Analyze financial records, transactions, and other evidence to identify any irregularities or sus...read more
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Q3. What is your motivation for seeking an individual role when you are currently in a team position?
Ans. 
I am seeking an individual role to take on more responsibility and challenge myself to grow professionally.
• Seeking new challenges and opportunities for growth

• Desire for more responsibility and autonomy

• Ability to showcase individual skills and contributions

• Personal career development goals
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Q1. How do you manage fraud investigations?
Ans. 
I manage fraud investigations by conducting thorough analysis, utilizing fraud detection tools, collaborating with law enforcement, and implementing preventative measures.
• Conduct thorough analysis of suspicious activities and transactions

• Utilize fraud detection tools and software to identify potential fraudulent behavior

• Collaborate with law enforcement agencies and regulatory bodies to investigate and prosecute fraudst...read more
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Q2. How do you plan to manage the entire Madhya Pradesh state?
Ans. 
I plan to manage the entire Madhya Pradesh state by implementing efficient credit policies, building strong relationships with clients and stakeholders, and closely monitoring credit risk.
• Developing and implementing credit policies and procedures to ensure timely and accurate credit decisions

• Building strong relationships with clients, vendors, and other stakeholders to facilitate smooth credit transactions

• Closely monit...read more
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Q1. Tell me about yourself
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Q2. What are your strengths and weaknesses
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Reasoning, quantitative skills, and English language proficiency.

Q1. How should one prepare for analyzing financial statements, balance sheets, and assessing limits?
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Q1. How do you fund a applicant
Ans. 
Funding an applicant involves evaluating their creditworthiness and determining the appropriate amount and terms of the loan.
• Evaluate the applicant's credit history, income, and debt-to-income ratio

• Determine the appropriate loan amount based on the applicant's financial situation

• Decide on the terms of the loan including interest rate, repayment period, and collateral requirements

• Obtain necessary documentation such as p...read more
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Q2. Ratios analysis , banking analaysis
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IBPS takes test moderate to high

Q1. Assessment of working capital
Ans. 
Assessment of working capital involves analyzing a company's current assets and liabilities to determine its ability to meet short-term financial obligations.
• Calculate working capital by subtracting current liabilities from current assets.

• A positive working capital indicates the company has enough assets to cover its short-term debts.

• A negative working capital may signal financial trouble and the need for additional fu...read more
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Q2. Why do you wan tot join banj
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Q1. Why Bank of Baroda
Ans. 
Bank of Baroda is a reputable and established financial institution with a strong presence in the market.
• Bank of Baroda has a long history of providing reliable banking services to customers.

• The bank has a strong reputation for its ethical practices and customer-centric approach.

• Bank of Baroda offers a wide range of financial products and services to meet the diverse needs of customers.

• The bank has a strong presence bo...read more
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Q2. Why wholesale Banking
Ans. 
Wholesale banking offers exposure to a wide range of industries and financial products, providing a challenging and dynamic work environment.
• Opportunity to work with diverse clients and industries

• Involvement in complex financial transactions and structures

• Exposure to a variety of financial products such as loans, trade finance, and treasury services

• Opportunity for career growth and development in a fast-paced environme
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Credit analysis - analysis of corporate fundamentals

Q1. About your self
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Q2. Work experience
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