Canara Bank Accountant Interview Questions and Answers

Q1. What is accounting
Ans. 
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Involves recording financial transactions

• Summarizing financial data in financial statements

• Analyzing financial information to make business decisions

• Reporting financial results to stakeholders

• Examples: preparing balance sheets, income statements, cash flow statements
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Q2. What is liability
Ans. 
Liability refers to the legal obligation or responsibility to pay debts or settle financial obligations.
• Liabilities are recorded on the balance sheet and represent what a company owes to others.

• Common examples of liabilities include accounts payable, loans, and bonds payable.

• Liabilities can be classified as current liabilities (due within one year) or long-term liabilities (due after one year).
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The question will be your answer to mine

Q1. Self Introduction interview
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Q2. Education and Work Experience Questions
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Q1. Accounting maintain and the account details create
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Q2. Accounting submitted
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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
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Questions paper about the bank

Q1. About myself about Education growth
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Q1. Salary expectations
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Q1. Bank details account
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Q2. Bank details otherswise
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Q3.  any information relating to the Account including without limitation the account number, account balance or value, gross receipts, withdrawals and payments from the account.
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Q4. Name as in the account (b) Bank Name and IFSC code for the branch (c) Account number.
Ans. 
The account name is John Doe, bank name is ABC Bank, IFSC code is ABCD1234567 and account number is 1234567890.
• Account name: John Doe

• Bank name: ABC Bank

• IFSC code: ABCD1234567

• Account number: 1234567890
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