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Canara Bank Accountant Interview Questions and Answers

Updated 29 Jun 2021

Canara Bank Accountant Interview Experiences

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Accountant Interview Questions & Answers

user image Anonymous

posted on 29 Jun 2021

I applied via Recruitment Consultant and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. What is golden rules of accounts?
  • Ans. 

    The golden rules of accounts are basic principles that guide the recording of financial transactions.

    • The golden rules include the Personal Account, Real Account, and Nominal Account.

    • Personal Account: Debit the receiver, credit the giver. For example, when cash is received from a customer, debit the cash account and credit the customer's account.

    • Real Account: Debit what comes in, credit what goes out. For example, when ...

  • Answered by AI
  • Q2. What is modern rules of accounts?
  • Ans. 

    Modern rules of accounts refer to the updated accounting standards and practices that are used in the current business environment.

    • Modern rules of accounts are based on the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

    • They emphasize on transparency, accuracy, and consistency in financial reporting.

    • Modern rules of accounts also include the use of technology in ac...

  • Answered by AI
  • Q3. What is modern rules of balance sheet?
  • Ans. 

    Modern rules of balance sheet include presenting assets and liabilities in order of liquidity.

    • Assets are listed in order of liquidity, with the most liquid assets listed first.

    • Liabilities are also listed in order of liquidity, with the most immediate liabilities listed first.

    • The balance sheet must balance, with total assets equaling total liabilities and equity.

    • Intangible assets must be disclosed separately from tangib...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - N

Interview questions from similar companies

Round 1 - HR 

(2 Questions)

  • Q1. Why should we hire you?
  • Q2. My Qulficition

Interview Preparation Tips

Interview preparation tips for other job seekers - I am inter

I appeared for an interview before Apr 2021.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Assignment 

Yes

Interview Preparation Tips

Interview preparation tips for other job seekers - Market yourself. ...
Apply even if you're not fully qualified. ...
Job search like it's your job. ...
Use informational interviews to network. ...
Set yourself apart with letters of recommendation. ...
Know yourself and what you want. ...
Pump yourself up and stay positive.
More items...

Accountant Interview Questions & Answers

HDFC Bank user image Abraham's Seed

posted on 22 Aug 2020

I applied via Recruitment Consultant and was interviewed in Jul 2020. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. Distinguish between Harding working and smart working
  • Ans. 

    Hard working is putting in a lot of effort and time, while smart working is finding efficient ways to achieve goals.

    • Hard working involves dedicating long hours and putting in a lot of effort.

    • Smart working involves finding innovative and efficient ways to complete tasks.

    • Hard working may lead to burnout if not balanced with smart working.

    • Smart working focuses on prioritizing tasks and utilizing resources effectively.

    • Hard...

  • Answered by AI
  • Q2. Are you faithfull in your work
  • Q3. Yes I am faithfull in my work
  • Q4. Because "faithfulness" is not attitude faithfulness is the personality
  • Q5. Faithfulness is inbuild in me

Interview Preparation Tips

Interview preparation tips for other job seekers - It was great

Interview Questionnaire 

7 Questions

  • Q1. Why are you banking secter
  • Q2. What is bank
  • Ans. 

    A bank is a financial institution that accepts deposits from individuals and businesses and provides loans and other financial services.

    • Banks provide a safe place for individuals and businesses to deposit their money.

    • They offer various types of accounts such as savings accounts, checking accounts, and certificates of deposit.

    • Banks provide loans to individuals and businesses for various purposes such as buying a house o...

  • Answered by AI
  • Q3. Bank is the institution which accept deposit from the people for the perpas of landing
  • Q4. Why are you here me
  • Q5. I can fit in beautiful and be a great addition to the term
  • Q6. Why ate you capibel this job
  • Ans. 

    I am capable for this job due to my strong accounting background, attention to detail, and ability to analyze financial data effectively.

    • I have a Bachelor's degree in Accounting and have completed relevant internships to gain practical experience.

    • I have a strong attention to detail, ensuring accuracy in financial reports and statements.

    • I am proficient in analyzing financial data and identifying trends to make informed ...

  • Answered by AI
  • Q7. Yes capibel this job properly dial with customers I love to interact with new people and there solve problem too
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in May 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Accounting taxation
  • Q2. Gst and income tax

Interview Preparation Tips

Interview preparation tips for other job seekers - This Is my first interview on this banking accounting but my experience in accounting and taxation in above 2 years
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(3 Questions)

  • Q1. Account related
  • Q2. GST
  • Q3. TDS
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is account
  • Ans. 

    An account is a record of financial transactions for a specific entity, used to track income, expenses, assets, and liabilities.

    • An account is used to track financial transactions for a specific entity

    • It includes records of income, expenses, assets, and liabilities

    • Accounts are typically organized in a chart of accounts for easy reference

    • Examples of accounts include cash, accounts receivable, inventory, and accounts paya

  • Answered by AI
  • Q2. GSTR-1 AND GSTR 3B
Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. How many types sales invoice
  • Ans. 

    There are two main types of sales invoices: proforma and commercial.

    • Proforma invoice is a preliminary bill of sale sent to buyers before delivery of goods or services.

    • Commercial invoice is the final bill of sale issued after the transaction is completed.

    • Other types include credit memo, debit memo, and mixed invoice.

    • Sales invoices can also be categorized based on payment terms, such as advance payment invoice or install

  • Answered by AI
Interview experience
1
Bad
Difficulty level
-
Process Duration
Less than 2 weeks
Result
-

I applied via Walk-in and was interviewed in Jan 2024. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What is your current CTC.
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Job Fair and was interviewed in Jun 2024. There was 1 interview round.

Round 1 - Accounting 

(3 Questions)

  • Q1. Accounting maintain and the account details create
  • Q2. Accounting submitted
  • Q3. Manage the every account for account holder's
  • Ans. 

    Managing every account for account holders involves maintaining accurate financial records, providing timely updates, and addressing any inquiries or concerns.

    • Maintain accurate financial records for each account holder

    • Provide timely updates on account balances and transactions

    • Address any inquiries or concerns from account holders

    • Ensure compliance with financial regulations and policies

    • Offer personalized financial advic

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Advice of the job's like than carefully and perfectly doing a work

Canara Bank Interview FAQs

What are the top questions asked in Canara Bank Accountant interview?

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Canara Bank Accountant Salary
based on 5 salaries
₹1.1 L/yr - ₹3.2 L/yr
24% less than the average Accountant Salary in India
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Canara Bank Accountant Reviews and Ratings

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1.8/5

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1.8

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2.6

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1.8

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