Erste Group Interview Questions and Answers

Q1. Can you describe your current roles and responsibilities?
Ans. 
I am currently responsible for leading a team of data scientists, developing and implementing data-driven strategies, and ensuring the quality and accuracy of data analysis.
• Leading a team of data scientists

• Developing and implementing data-driven strategies

• Ensuring quality and accuracy of data analysis
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Q2. What are the technical details of one of your projects?
Ans. 
Developed a predictive model for customer churn using machine learning algorithms.
• Used Python for data preprocessing and model building

• Applied techniques like feature engineering and hyperparameter tuning

• Evaluated model performance using metrics like accuracy, precision, and recall
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Q1. What is the loss function used in XGBoost?
Ans. 
The loss function used in XGBoost is typically the gradient boosting algorithm.
• XGBoost uses the gradient boosting algorithm to minimize the loss function

• Common loss functions include regression loss functions like squared error and logistic loss for classification

• Users can also define custom loss functions in XGBoost
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Q2. Logical puzzle question
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Q1. What are your professional aspirations?
Ans. 
My professional aspiration is to lead a team of data scientists to drive impactful insights and innovations.
• Lead a team of data scientists to tackle complex problems

• Drive impactful insights and innovations through data analysis

• Continuously learn and stay updated on the latest trends in data science

• Collaborate with cross-functional teams to implement data-driven solutions
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Q2. Puzzle question
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Q3. Mathematical series question
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Q1. What is the reason for leaving your current organization?
Ans. 
Seeking new challenges and growth opportunities in a more innovative environment.
• Desire for new challenges and growth opportunities

• Seeking a more innovative work environment

• Looking to expand skill set and knowledge in data science
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Q2. What are your reasons for wanting to join IDFC?
Ans. 
I am excited about the opportunity to contribute my data science skills to IDFC's innovative projects and make a meaningful impact.
• Excited about contributing data science skills to innovative projects at IDFC

• Opportunity to make a meaningful impact through data-driven solutions

• Interested in working with a reputable organization like IDFC
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Q3. What are your strengths and weaknesses?
Ans. 
My strengths include strong analytical skills and attention to detail. My weaknesses include a tendency to overthink and difficulty delegating tasks.
• Strengths: strong analytical skills

• Strengths: attention to detail

• Weaknesses: tendency to overthink

• Weaknesses: difficulty delegating tasks
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Aptitude test contains Logical Reasoning Questions, Analytical Skills questions, and some general Questions, there are no coding questions for it

Q1. First Question is to introduce yourself
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Q2. Want to explain me my data science project I explained it in good way
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Q3. Gave some scenario that how your project will work for these secnarios
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Q4. Asks me about the polymorphism and its example
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Q5. Asks about my family background
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Q6. Asks whether I am able to relocate
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Q1. What do you know about the process.
Ans. 
The process involves identifying potential clients, building relationships, and closing deals to drive revenue growth.
• Identifying potential clients through market research and networking

• Building relationships with clients through effective communication and follow-up

• Closing deals by presenting solutions that meet client needs and negotiating terms

• Driving revenue growth by meeting sales targets and expanding client base
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Q2. What are the basic questions when you are opening current account
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Q3. How many types of current account
Ans. 
There are various types of current accounts offered by banks to cater to different needs of customers.
• Basic Current Account

• Premium Current Account

• Foreign Currency Current Account

• Sweep-in Current Account

• Digital Current Account
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Q1. Tell me What about your self
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Q2. What is your goal
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Q1. What about thing HDFC
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Q2. Are you dedicated workers
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Q1. Discussed about my personal discussion and my overall experience
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Q2. Disussion about product knowledge
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Q3. Discussed about why didn't have team handling Experience?
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Q1. What is current CTC?
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Q2. What is the Expectation CTC?
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Q1. How many years experience
Ans. 
I have 2.5 years experience .rbl bank 1.6 year and ibl Bank one year
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Q2. Your expected CTC and location
Ans. 
I have expected CTC 4.5 L
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Q1. I will send the link your uploaded all documents
Ans. 
Ok I will uploaded mam thank you
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Q2. Documents is incompleted
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Q1. All incompleted documents uploaded
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Q2. All documents are completed next two days send the offer
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Q1. What's your current experience
Ans. 
I have 5 years of experience in credit analysis and risk assessment in the banking industry.
• 5 years of experience in credit analysis and risk assessment

• Proficient in financial statement analysis

• Strong understanding of credit risk management

• Experience in evaluating loan applications and determining creditworthiness

• Familiarity with regulatory requirements in the banking sector
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Q2. Did you achieved any goal in previous platform.
Ans. 
Yes, I achieved a goal of increasing loan approval rate by 15% in my previous role.
• Implemented new credit evaluation process to streamline decision-making

• Provided training to team members on identifying creditworthy applicants

• Collaborated with sales team to improve communication and documentation

• Utilized data analytics to identify trends and make data-driven decisions
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Q3. Do you participate any bankingevents
Ans. 
Yes, I actively participate in banking events to stay updated on industry trends and network with professionals.
• I regularly attend banking conferences and seminars to learn about new regulations and technologies in the industry.

• I have participated in workshops on credit risk management and financial analysis to enhance my skills and knowledge.

• I am a member of a banking association where I attend networking events to co
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Q4. Are you suitable for appliedrole.
Ans. 
Yes, I am suitable for the role of Credit Officer due to my strong financial background and experience in analyzing credit risk.
• I have a degree in finance and have completed relevant courses in credit analysis.

• I have previous experience working as a credit analyst, where I successfully assessed credit risk for various clients.

• I am proficient in financial modeling and have a strong understanding of financial statements.

• ...read more
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Q5. Tell about Equitas bank
Ans. 
Equitas Small Finance Bank is a scheduled commercial bank in India focused on serving the financial needs of micro and small enterprises.
• Equitas Small Finance Bank was established in 2007 as a microfinance institution before receiving a banking license in 2016.

• The bank offers a range of financial products and services including savings accounts, fixed deposits, loans, and insurance.

• Equitas Small Finance Bank has a stro...read more
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Discuss about financial risk and management

Q1. Graduation Related Questions
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Q2. Family Background Related Questions
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Q3. How much Reference do you have about the market
Ans. 
I have extensive knowledge and experience in the market, including key players, trends, and customer needs.
• I have worked in the sales industry for X years, gaining valuable insights into market dynamics.

• I regularly attend industry conferences and networking events to stay updated on market trends.

• I have built strong relationships with key stakeholders in the market, allowing me to gather valuable market intelligence.

• I ...read more
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Q4. Will you achieve your given targets completely every month
Ans. 
I will strive to achieve my targets every month by utilizing my sales skills and strategies.
• I will create a detailed sales plan and set achievable targets for myself

• I will continuously monitor my progress and make necessary adjustments to ensure target achievement

• I will proactively seek out new opportunities and leads to meet and exceed my targets
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Q1. Salary Discussion
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Q2. Cibil Report Check
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