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Axis Bank
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
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I applied via Walk-in and was interviewed in Mar 2022. There were 2 interview rounds.
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I was interviewed in Jan 2025.
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Example Question (Numerical Ability):
Question:
If 15% of a number is 45, what is 30% of that number?
Solution:
1. Find the number:
If 15% of a number is 45, then
\text{Number} = \frac{45}{0.15} = 300.
2. Calculate 30% of the number:
Now, 30% of 300 is
0.30 \times 300 = 90.
Answer:
30% of the number is 90.
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Additional Example (Simple Interest):
Question:
A bank offers a simple interest rate of 5% per annum on a deposit of Rs.20,000. What will be the interest earned in 3 years?
Solution:
1. Use the simple interest formula:
\text{Simple Interest} = \frac{P \times R \times T}{100}
= Principal amount = Rs.20,000
= Rate of interest = 5%
= Time = 3 years
2. Calculate the interest:
\text{Interest} = \frac{20000 \times 5 \times 3}{100} = 3000.
Answer:
The interest earned in 3 years is Rs. 3000.
1. Quantitative Aptitude
Q: A sum of ₹10,000 is invested at 10% per annum simple interest. What is the interest after 3 years?
A: Interest = (P × R × T) / 100 = (10,000 × 10 × 3) / 100 = ₹3,000
2. Reasoning Ability
Q: If A is the father of B, but B is not the son of A, what is B’s relation to A?
A: Daughter
3. English Language
Q: Choose the correct sentence:
a) She don’t like coffee.
b) She doesn’t like coffee.
A: b) She doesn’t like coffee.
4. General Awareness (Banking GK)
Q: What does RBI stand for?
A: Reserve Bank of India
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Example Question (Numerical Ability):
Question:
A bank offers a simple interest rate of 6% per annum. If a customer deposits Rs. 25,000 for 4 years, what is the total simple interest earned over that period?
Solution:
1. Identify the formula for Simple Interest (SI):
\text{SI} = \frac{P \times R \times T}{100}
is the principal (Rs. 25,000)
is the rate of interest (6%)
is the time period (4 years)
2. Substitute the values into the formula:
\text{SI} = \frac{25000 \times 6 \times 4}{100}
3. Calculate the interest:
\text{SI} = \frac{25000 \times 24}{100} = \frac{600000}{100} = 6000.
Answer:
The total simple interest earned over 4 years is Rs. 6,000.
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Additional Example (Logical Reasoning):
Question:
In a sequence of numbers representing daily bank transactions, the amounts follow an arithmetic progression: 105, 115, 125, ... What will be the 8th transaction amount?
Solution:
1. Identify the first term and common difference:
First term,
Common difference,
2. Use the formula for the nth term of an arithmetic progression:
a_n = a_1 + (n - 1)d
3. Substitute :
a_8 = 105 + (8 - 1) \times 10 = 105 + 70 = 175.
Answer:
The 8th transaction amount is 175.
posted on 11 Jan 2025
I applied via Newspaper Ad and was interviewed in Dec 2024. There were 5 interview rounds.
I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
The best opportunity in my opinion is to leverage technology to streamline operations and improve customer experience.
Implementing a new CRM system to better track customer interactions and improve communication
Introducing online banking services to make it easier for customers to manage their accounts remotely
Utilizing data analytics to identify trends and opportunities for growth
Investing in employee training and dev
I applied via Referral
Challenges in banking sector include regulatory compliance, cybersecurity threats, competition, and technological advancements.
Regulatory compliance: Banks must adhere to strict regulations which can be complex and constantly changing.
Cybersecurity threats: With the increase in digital banking, banks are vulnerable to cyber attacks and data breaches.
Competition: Banks face competition from traditional banks as well as ...
ICICIBANK is a leading private sector bank in India known for its innovative products and services.
ICICIBANK offers a wide range of banking products and services including savings accounts, loans, credit cards, and investment options.
The bank has a strong presence in both urban and rural areas, catering to a diverse customer base.
ICICIBANK is known for its digital banking initiatives and user-friendly mobile app, makin...
I manage my stress through regular exercise, meditation, and setting boundaries.
Regular exercise helps me release tension and clear my mind.
Meditation allows me to relax and focus on the present moment.
Setting boundaries helps me prioritize tasks and avoid feeling overwhelmed.
Taking short breaks throughout the day to recharge and refocus.
Seeking support from colleagues or a mentor when needed.
posted on 7 Apr 2024
I applied via Company Website and was interviewed in Mar 2024. There were 2 interview rounds.
Banking products are financial instruments offered by banks to customers, such as savings accounts, credit cards, loans, and investment products.
Savings accounts: A type of account where customers can deposit and withdraw money while earning interest.
Credit cards: A payment card issued by a bank that allows the cardholder to borrow funds for purchases.
Loans: Financial products where a bank lends money to a customer wit...
Demonetization is the act of stripping a currency unit of its status as legal tender.
Demonetization is usually done to curb corruption, black money, and counterfeit currency.
It can lead to temporary economic disruption and inconvenience to the public.
India implemented demonetization in 2016 by invalidating high-denomination currency notes.
The goal was to move towards a cashless economy and reduce the circulation of bla
Banking products are financial instruments offered by banks to customers, such as savings accounts, loans, credit cards, and investment products.
Savings accounts: allow customers to deposit money and earn interest
Loans: provide customers with funds that must be repaid with interest
Credit cards: allow customers to make purchases on credit and pay back later
Investment products: such as mutual funds, stocks, and bonds, he
Assets are resources owned by a company, while liabilities are obligations or debts owed by a company.
Assets are things of value that a company owns, such as cash, inventory, equipment, and property.
Liabilities are obligations that a company owes to others, such as loans, accounts payable, and accrued expenses.
Assets are listed on the left side of the balance sheet, while liabilities are listed on the right side.
The di...
I was interviewed before Feb 2024.
I was interviewed in Dec 2024.
I applied via Recruitment Consulltant
My knowledge is reasoning ,G.k and hindi
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