Bharat Financial Inclusion
20+ Vedic Security Interview Questions and Answers
Q1. What Type of statistics used In earlier organization to analyse and build models
The organization used descriptive and inferential statistics to analyze and build models.
Descriptive statistics were used to summarize and describe the data, such as mean, median, and standard deviation.
Inferential statistics were used to make predictions and draw conclusions about the population based on the sample data, such as hypothesis testing and regression analysis.
The organization may have also used time series analysis, clustering, and classification models.
Examples ...read more
Q2. Because, Current month expenses paid in next month then expenses showing in current month in provision.
Expenses paid in next month but shown in current month provision explained.
Expenses are recorded in the month they are incurred, not when they are paid
Provision is made for expenses that are expected to be incurred but not yet paid
If an expense is paid in the next month, it will still be recorded in the current month's provision
This is done to ensure accurate financial reporting and forecasting
Q3. How familar with python,SQL,and ml models
I am very familiar with Python, SQL, and ML models.
I have extensive experience using Python for data analysis and machine learning tasks.
I am proficient in writing SQL queries to extract data from databases.
I have worked with a variety of ML models, including regression, classification, and clustering.
I am familiar with popular ML libraries such as scikit-learn, TensorFlow, and Keras.
I have experience with data preprocessing, feature engineering, and model evaluation.
I am con...read more
Q4. If someone is repeatedly mailing you about some work, when it will take a stipulated time for that work, then what will you do?
I would communicate with the person and provide updates on the progress of the work.
Acknowledge the person's emails and provide an estimated timeline for completion.
Regularly update the person on the progress of the work.
If there are any delays or issues, communicate them to the person and provide a new estimated timeline.
Ensure that the person feels heard and valued throughout the process.
Q5. Which rules of accounts for using in daily entries?
The rules of accounts for daily entries include the principles of double-entry bookkeeping, accrual accounting, and the matching principle.
Double-entry bookkeeping: Every transaction should have equal debits and credits to maintain the balance.
Accrual accounting: Revenue and expenses should be recorded when earned or incurred, regardless of when the cash is received or paid.
Matching principle: Expenses should be matched with the revenue they generate in the same accounting pe...read more
Q6. Ara u comfortable in this job
Yes, I am comfortable in this job.
I have extensive experience in managing branches and leading teams.
I am confident in my ability to handle the responsibilities and challenges of the role.
I have a track record of success in achieving targets and driving growth.
I am familiar with the industry and have a strong understanding of market trends.
I am adaptable and able to handle changing priorities and situations.
I have excellent communication and interpersonal skills, which are es...read more
Q7. 8.The outcome of Projection Meeting Process
The outcome of Projection Meeting Process is a detailed plan for the project's timeline, budget, and resources.
Finalized project timeline with key milestones
Approved budget allocation for the project
Allocated resources and responsibilities to team members
Identified potential risks and mitigation strategies
Established communication plan for stakeholders
Q8. How you handle data when outliers are in data
Outliers can significantly impact analysis. It's important to identify and handle them appropriately.
Visualize the data to identify outliers
Consider the source of the outliers and whether they are valid data points
Remove outliers if they are invalid or use robust statistical methods that are less sensitive to outliers
Document any handling of outliers in the analysis report
Q9. Whya are you pass provision entry in month end?
Provision entry is passed in month end to account for expenses incurred but not yet paid.
To ensure accurate financial statements
To avoid understating expenses
To comply with accounting standards
To facilitate budgeting and forecasting
Q10. Ml Classification models including type of metrics
ML classification models use various metrics to evaluate performance.
Common metrics include accuracy, precision, recall, F1 score, and AUC-ROC.
Accuracy measures the proportion of correct predictions.
Precision measures the proportion of true positives among all positive predictions.
Recall measures the proportion of true positives among all actual positives.
F1 score is the harmonic mean of precision and recall.
AUC-ROC measures the area under the receiver operating characteristi...read more
Q11. What is internal Audit
Internal Audit is a process of evaluating and improving an organization's operations, risk management, and internal controls.
Internal Audit is an independent and objective assurance activity that helps organizations achieve their objectives.
It involves evaluating the effectiveness of an organization's risk management, control, and governance processes.
Internal auditors provide recommendations for improving operations, reducing risks, and enhancing internal controls.
They asses...read more
Q12. What is BRS
BRS stands for Bank Reconciliation Statement.
BRS is a financial statement that compares the bank's records with the company's records of cash transactions.
It helps identify any discrepancies or errors in the bank account or cash book.
The statement includes details of deposits, withdrawals, bank charges, and outstanding checks.
By reconciling the two sets of records, BRS ensures the accuracy of the company's financial transactions.
Example: If the company's cash book shows a bal...read more
Q13. Latest news of the show
I'm sorry, I need more information about which show you are referring to.
Q14. What will happen by working
Working can lead to personal growth, financial stability, and professional success.
Working allows individuals to develop new skills and knowledge.
Working provides a source of income and financial stability.
Working can lead to career advancement and professional success.
Working fosters personal growth and self-improvement.
Working offers opportunities for networking and building relationships.
Working contributes to the overall economy and societal development.
Q15. What is the microfinance
Microfinance is a financial service that provides small loans and other financial services to low-income individuals and groups.
Microfinance is aimed at providing financial services to those who are unable to access traditional banking services.
It involves providing small loans, savings accounts, insurance, and other financial services to low-income individuals and groups.
Microfinance institutions (MFIs) are organizations that provide microfinance services to their clients.
Th...read more
Q16. How to apply V-look up
V-look up is a function in Excel used to search for a specific value in a table and return a corresponding value.
Select the cell where you want the result to appear
Go to the 'Formulas' tab and click on 'Lookup & Reference'
Select 'VLOOKUP' from the dropdown menu
Enter the value you want to search for in the 'Lookup_value' field
Select the table range in the 'Table_array' field
Enter the column number of the value you want to return in the 'Col_index_num' field
Choose whether you w...read more
Q17. How to handling women client
Handle women clients with respect, empathy, and understanding to build trust and rapport.
Listen actively to their needs and concerns
Communicate clearly and effectively
Show empathy and understanding
Respect their opinions and decisions
Provide personalized solutions tailored to their preferences
Follow up regularly to ensure satisfaction
Q18. what is vendor management
Vendor management is the process of managing relationships with suppliers and vendors.
Identifying and selecting vendors
Negotiating contracts and pricing
Monitoring vendor performance
Managing vendor relationships
Ensuring compliance with contracts and agreements
Q19. Tell me abt urself
I am a dedicated HR professional with 5 years of experience in recruitment, training, and employee relations.
Experienced in conducting interviews and onboarding new employees
Skilled in developing training programs and conducting performance evaluations
Strong background in handling employee relations issues and conflict resolution
Q20. CURRENT CTC EXPECTED CTC
My current CTC is X and I am looking for a competitive offer based on my experience and skills.
My current CTC is X
I am looking for a competitive offer based on my experience and skills
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