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Central Bank of India Chief Internal Auditor Interview Questions, Process, and Tips

Updated 27 Aug 2023

Top Central Bank of India Chief Internal Auditor Interview Questions and Answers

  • Q1. Operational area various types of Deposits acs opening in banks. Deposit saving bank acs and there kyc docs for opening the acs in banks. Acs opening in single name or jo ...read more
  • Q2. Recovery policy various norms for recovery proceeding in non performing loan acs Securitization recovery procedures Compromise in npa loan acs State recovery proceeding i ...read more
  • Q3. Ttechnogy aspects in deposit acs from frauds shoulf be analyzed. Staff shoulf be honest.

Central Bank of India Chief Internal Auditor Interview Experiences

2 interviews found

Interview experience
4
Good
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Feb 2023. There were 2 interview rounds.

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 - No 

(6 Questions)

  • Q1. 1 Questionery in banking scenerio polivy norms snd gen banking difficulty. Security from sibercrime 2 Modern technology aspects for disgital policy aspects .
  • Q2. Ttechnogy aspects in deposit acs from frauds shoulf be analyzed. Staff shoulf be honest.
  • Ans. 

    Technology and staff honesty are both crucial in analyzing deposit frauds.

    • Technology should be used to detect and prevent frauds, such as implementing multi-factor authentication and real-time transaction monitoring.

    • Regular staff training and awareness programs should be conducted to ensure honesty and ethical behavior.

    • Internal controls should be established to prevent conflicts of interest and ensure segregation of du...

  • Answered by AI
  • Q3. Recovery policy various norms for recovery proceeding in non performing loan acs Securitization recovery procedures Compromise in npa loan acs State recovery proceeding in npa agri loan acs Lok ada...
  • Ans. 

    Recovery policies for non-performing loans including securitization, compromise, state recovery proceedings, Lok Adalat procedures, and DRRBT recovery tribunal.

    • Recovery policies for non-performing loans are crucial for financial institutions to minimize losses.

    • Securitization involves pooling of non-performing loans and selling them to investors.

    • Compromise in NPA loan accounts involves negotiating with the borrower to s...

  • Answered by AI
  • Q4. Operational area various types of Deposits acs opening in banks. Deposit saving bank acs and there kyc docs for opening the acs in banks. Acs opening in single name or jointly with spouse. Operation...
  • Ans. 

    The question is about various types of deposits and their operational instructions for opening and maturity.

    • Different types of deposits include saving bank accounts, time deposits, recurring deposits, FDR deposits, and senior citizen special deposits.

    • KYC documents are required for opening saving bank accounts.

    • Accounts can be opened in single name or jointly with a spouse.

    • Operational instructions can be self or either o...

  • Answered by AI
  • Q5. Operational area work. Opening of saving acs. Opersting instruction in saving acs singly jointly instruction either or survivor. Time deposit various acs recurring deposit acs.FDR.ACS FOR SHORT PERIO...
  • Q6. Deceased acs various disciplinary powers to settle deceased acs.acs settled upto Rs25000 without secession certificate In deceased acs using br descriptions powers for settle the acs. Interest to pbe...

Interview Preparation Tips

Interview preparation tips for other job seekers - Interview is vast subject and committee can ask the question in any subject.current general scenario question

Chief Internal Auditor Interview Questions & Answers

user image Mehar Singh Rajial

posted on 27 Aug 2023

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Coding Test 

On line test banking policy normal banking advances portfolio. General knowledge etc

Round 3 - Group Discussion 

Discussion about bankingnorms policy etc

Round 4 - Nothing 

(5 Questions)

  • Q1. Bankibg question etc
  • Q2. Banking normally qurstion
  • Ans. 

    O deposit scheme normaly OPERATIONAL question s in deceased acs Income tax attached acs Ancellsry business,just as locker's,stocks of govt security sales

  • Answered by Mehar Singh Rajial
  • Q3. Advances question for knowledge
  • Ans. 

    Govt sponsored schemes as Mudra loans Large loans without security Govt sponsored schemes loans to wesjervsection of the society etc Banks Retail lending schems for customers

  • Answered by Mehar Singh Rajial
  • Q4. Deposting banking schemes
  • Ans. 

    Saving deposit scheme Cent bacher khata, Time deposit schems Recurring deposit, monthly deposit quarterly deposit half yearly yearly deposit scheme Schems for senior citizens deposit for ATTRACTING extra intt

  • Answered by Mehar Singh Rajial
  • Q5. Technology in banks
  • Ans. 

    Technology in banks is crucial for efficiency, security, and customer experience.

    • Technology enables online banking, mobile banking, and ATMs for convenient customer access.

    • Data analytics and AI help banks detect fraud and make informed decisions.

    • Cybersecurity measures are essential to protect sensitive customer information.

    • Blockchain technology is being explored for secure and transparent transactions.

    • Integration of fi...

  • Answered by AI

Chief Internal Auditor Interview Questions Asked at Other Companies

Q1. Operational area various types of Deposits acs opening in banks. ... read more
Q2. Recovery policy various norms for recovery proceeding in non perf ... read more
Q3. Ttechnogy aspects in deposit acs from frauds shoulf be analyzed. ... read more
Q4. Technology in banks

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Jan 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

10 mins. Not hard. You got it.

Round 2 - HR 

(2 Questions)

  • Q1. What are your qualifications for this role
  • Q2. What are you expecting from us.
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
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 - Aptitude Test 

It's mostly on your personality test

Round 3 - Cv 

(4 Questions)

  • Q1. What you have done in your training process which is mentioned in your cv
  • Q2. How do you mange your stress?
  • Ans. 

    I manage my stress through a combination of physical activity, relaxation techniques, and time management.

    • Engaging in regular exercise helps me relieve stress and clear my mind.

    • Practicing relaxation techniques such as deep breathing, meditation, and yoga helps me relax and reduce stress.

    • Effective time management allows me to prioritize tasks, set realistic goals, and avoid feeling overwhelmed.

    • Taking short breaks during...

  • Answered by AI
  • Q3. It's mostly about your cv whatever you will write on your cv they are gona ask the same.
  • Q4. How incourage someone to agree with you
  • Ans. 

    To encourage someone to agree with you, you can use persuasive communication techniques and provide compelling evidence or examples.

    • Use active listening to understand their perspective and address their concerns

    • Present logical arguments and facts to support your position

    • Share personal experiences or success stories to illustrate the benefits of agreeing with you

    • Find common ground or shared goals to create a sense of un...

  • Answered by AI
Round 4 - Technical 

(2 Questions)

  • Q1. What do you know about internal audit?
  • Ans. 

    Internal audit is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.

    • Internal audit evaluates the effectiveness of an organization's risk management, control, and governance processes.

    • It provides recommendations for improvement and helps organizations achieve their objectives.

    • Internal auditors are responsible for assessing the accuracy of financial...

  • Answered by AI
  • Q2. Why you want to be internal auditor?
  • Ans. 

    I want to be an internal auditor because I have a strong passion for analyzing and improving processes within organizations.

    • I enjoy identifying areas of risk and implementing controls to mitigate them.

    • I have a keen eye for detail and enjoy conducting thorough investigations.

    • I am motivated by the opportunity to contribute to the success and integrity of an organization.

    • I have a strong background in accounting and financ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - You should know your each and every line of your cv.
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Introduce yourself
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed before Oct 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Medium level questions

Round 3 - Technical 

(1 Question)

  • Q1. Why should we hire you
Round 4 - none 

(1 Question)

  • Q1. Only 2 rounfs were conducted.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before May 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Generic question on job background
Round 3 - One-on-one 

(1 Question)

  • Q1. Salary discussion

Interview Preparation Tips

Interview preparation tips for other job seekers - They are taking only experienced person in Internal Audit Dept
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Tell me about yourself, basic introduction
Round 3 - One-on-one 

(1 Question)

  • Q1. Tell me about your work profile What ia your work profile in the organization, and what do you do.

Interview Preparation Tips

Interview preparation tips for other job seekers - It is helpful to keep it simple and to the point
Round 1 - One-on-one 

(1 Question)

  • Q1. Normal questions just introduction

Interview Preparation Tips

Interview preparation tips for other job seekers - No format very formal question

I applied via Company Website and was interviewed in Nov 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. About capability and quan.

Interview Preparation Tips

Interview preparation tips for other job seekers - Being contract work, interview was focussed about capability as interviewee crossed 60 and now 60+. Selected based on past experience and professional qualn. All last about 7 minutes.

Central Bank of India Interview FAQs

How many rounds are there in Central Bank of India Chief Internal Auditor interview?
Central Bank of India interview process usually has 3 rounds. The most common rounds in the Central Bank of India interview process are Resume Shortlist, Coding Test and Group Discussion.
What are the top questions asked in Central Bank of India Chief Internal Auditor interview?

Some of the top questions asked at the Central Bank of India Chief Internal Auditor interview -

  1. Operational area various types of Deposits acs opening in banks. Deposit sav...read more
  2. Recovery policy various norms for recovery proceeding in non performing loan ...read more
  3. Ttechnogy aspects in deposit acs from frauds shoulf be analyzed. Staff shoulf ...read more

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Central Bank of India Chief Internal Auditor Salary
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₹20 L/yr - ₹25 L/yr
46% less than the average Chief Internal Auditor Salary in India
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