Citicorp Interview Questions, Process, and Tips

Q1. Case Study on increasing attrition rate
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Q2. How did you create value for your client
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Q1. Different between ML and terrorist financing
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ML refers to money laundering, while terrorist financing involves funding illegal activities for terrorist purposes.
• ML involves disguising the origins of illegally obtained money, while terrorist financing involves providing funds for terrorist activities.

• ML is typically a financial crime that involves a series of transactions to make the money appear legitimate, while terrorist financing directly supports acts of terr...read more
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Q2. Different between source of fund and wealth of fund
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Source of fund refers to where the money comes from, while wealth of fund refers to the total value of the fund.
• Source of fund is the origin of the money, such as salary, inheritance, or investment returns.

• Wealth of fund is the total value of the fund, including the initial investment amount and any additional contributions or returns.

• Source of fund is more focused on the origin or nature of the money, while wealth of ...read more
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Q1. Different between SIP and PEP
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SIP stands for Source of Income and Wealth, while PEP stands for Politically Exposed Person.
• SIP refers to the source of income and wealth of a customer, while PEP refers to individuals who are or have been entrusted with prominent public functions.

• SIP is used to assess the legitimacy of funds, while PEP is used to identify potential risks associated with politically exposed individuals.

• Examples of SIP include salary, i...read more
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Q2. Previous Experience related questions
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Coding test in 1st round

Q1. What is financial statement
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Financial statements are formal records of the financial activities and position of a business, organization, or individual.
• Financial statements include the income statement, balance sheet, and cash flow statement.

• They provide information on the financial performance, financial position, and cash flows of an entity.

• These statements are used by investors, creditors, and management to make decisions.

• Examples of financial...read more
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Q2. What is risk metrics
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Risk metrics are measurements used to assess and quantify the level of risk in a particular situation or investment.
• Risk metrics help organizations understand the potential risks they face and make informed decisions to mitigate them.

• Common risk metrics include Value at Risk (VaR), standard deviation, beta, and Sharpe ratio.

• These metrics are used in various industries such as finance, insurance, and project management
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Q1. What is your strength
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Q2. What is your weakness
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Q1. Why is liquidity important and is it necessay in short term or long term perspective.
Ans. 
Liquidity is important for financial stability and is necessary in both short term and long term perspectives.
• Liquidity ensures that a company can meet its short term obligations and expenses.

• It allows for flexibility in managing cash flow and taking advantage of investment opportunities.

• In the long term, liquidity is important for sustaining operations, growth, and weathering economic downturns.

• Examples include having...read more
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Q2. What is difference between credit and counterparty risk
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Credit risk is the risk of default by a borrower, while counterparty risk is the risk of default by a trading partner.
• Credit risk is specific to the borrower's ability to repay a loan or debt.

• Counterparty risk is broader and includes the risk of default by any party involved in a financial transaction.

• Credit risk is typically associated with lending activities, while counterparty risk is more common in trading and inve...read more
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Q1. Basic questions over excel function
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Q2. Dashboard preparation with formulas
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Q3. Vlookup and hlookup
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Q4. Sum sumif tex formula
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SUMIF is a function in Excel used to sum values based on a specific condition.
• SUMIF formula syntax: =SUMIF(range, criteria, [sum_range])

• Example: =SUMIF(A1:A10, ">10", B1:B10) will sum values in B1:B10 where corresponding value in A1:A10 is greater than 10

• Criteria can be a number, expression, or text

• Sum_range is optional and if omitted, the range is used for both sum and criteria
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Q5. Countif countifs pivot advance excel formulas
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Q1. Technical java question about strings and regex
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