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ESAF CO-OPERATIVE Internal Auditor Interview Questions and Answers
ESAF CO-OPERATIVE Internal Auditor Interview Experiences
1 interview found
Anonymous
(1 Question)
- Q1. What is difference between internal Audit and external audit.
- Ans.
Internal audit is conducted by employees of the organization, while external audit is conducted by independent professionals.
Internal audit is performed by employees of the organization, while external audit is performed by independent professionals.
Internal audit focuses on evaluating and improving internal controls, risk management, and operational efficiency within the organization.
External audit focuses on providin...
Interview Preparation Tips
Tide Business Finance Platform
Thrive at work, live fully - experience balance like never before!
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Interview questions from similar companies
SNEHA KUMARI SHARMA
I was interviewed in Aug 2016.
Interview Questionnaire
11 Questions
- Q1. Basics of programming language
- Q2. Basics of programming language
- Q3. Microprocessor basics
- Q4. Logic of traffic light functionality
- Ans.
Traffic lights use a set sequence of colors to control the flow of vehicles and pedestrians.
Traffic lights use red, yellow, and green lights to indicate when vehicles and pedestrians should stop, slow down, or go.
The sequence of colors is typically red, yellow, green, and then back to red.
Different traffic lights may have different timings for each color depending on the traffic flow and pedestrian activity.
Traffic lig...
- Q5. Logic of elevator operation
- Ans.
The logic of elevator operation involves a system of sensors, controls, and algorithms to efficiently transport passengers between floors.
Elevators use sensors to detect the presence of passengers and determine their desired floor.
Controls process this information and calculate the most efficient route for the elevator to take.
Algorithms prioritize elevator assignments based on factors like proximity, floor traffic, an...
- Q6. Coding on paper.
- Q7. How was the technical I review experience
- Q8. How was the technical I review experience
- Q9. Why wells Fargo?
- Ans.
Wells Fargo is a reputable and established financial institution with a strong track record in the industry.
Wells Fargo has a long history dating back to 1852, making it one of the oldest and most established banks in the United States.
The company has a strong reputation for providing a wide range of financial services, including banking, investments, and insurance.
Wells Fargo has a large network of branches and ATMs, ...
- Q10. Comments on the moto of the company
- Q11. General questions related to resume included details.
Interview Preparation Tips
Experience: Computer based Test
Enrollment round
Followed with other test rounds with one minute timer for each question.
Tips: Be quick,still careful.
Time management is the key to score.
Total Questions: 75
Round: Technical Interview
Experience: Computer based Test
Enrollment round
Followed with other test rounds with one minute timer for each question.
Tips: Be quick,still careful.
Time management is the key to score.
Round: Technical Interview
Experience: A general introduction of oneself.Hobbies and inclination towards IT sector job and why wells Fargo followed by different subject knowledge and basics .
Tips: Be confident.
Revise coding basics.
Know your microprocessor basics.
Be frank to say if u are unable to recall an answer at that moment.
College Name: Sikkim Manipal University
(2 Questions)
- Q1. Why should we hire you?
- Q2. What does a fraud officer do?
- Ans.
A fraud officer is responsible for investigating and preventing fraudulent activities within an organization.
Conducting investigations into suspected fraudulent activities
Implementing fraud prevention measures
Collaborating with law enforcement agencies
Analyzing data to identify patterns of fraud
Educating employees on fraud awareness
Reporting findings to management
(2 Questions)
- Q1. What are your strenghts?
- Ans.
My strengths include strong analytical skills, attention to detail, and ability to work well under pressure.
Strong analytical skills - able to analyze data and draw meaningful conclusions
Attention to detail - meticulous in reviewing work for accuracy
Ability to work well under pressure - can remain calm and focused in high-stress situations
- Q2. What do you know about us?
(2 Questions)
- Q1. What is database?
- Ans.
A database is a structured collection of data that is stored and organized for easy access and retrieval.
Database is used to store and manage large amounts of data.
It allows for efficient retrieval, insertion, and updating of data.
Examples of databases include MySQL, Oracle, and MongoDB.
- Q2. What is RDBMS? difference between char and varchar in sql?
- Ans.
RDBMS stands for Relational Database Management System. Char is fixed length while Varchar is variable length in SQL.
RDBMS stands for Relational Database Management System
Char data type in SQL is fixed length
Varchar data type in SQL is variable length
Char is faster for fixed length data, Varchar is more flexible for variable length data
Skills evaluated in this interview
I applied via Campus Placement and was interviewed in May 2022. There were 5 interview rounds.
Quants, DILR, Decision making, aptitude
(1 Question)
- Q1. Debt analysis, Global economy
(1 Question)
- Q1. Debt analysis, Global Economy, commerical banking related questions
(1 Question)
- Q1. Tell me about yourself, your biggest challenge, Why do you want this role.
Interview Preparation Tips
Supriya Chakraborty
Selected
I applied via Walk-in and was interviewed before Nov 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Where you see your In 5 years ?
- Q2. Why you want to join wells?
They asked to speak on any current topics
I applied via Naukri.com and was interviewed in Aug 2021. There were 3 interview rounds.
It was basically based on the behavioural aspects of the concerned candidate.
(4 Questions)
- Q1. What is your family background?
- Q2. What are your strengths and weaknesses?
- Q3. Tell me about yourself.
- Q4. Interviewers more grilled me on the job position knowledge for which I was shortlisted for the resume.
Interview Preparation Tips
- Latest budget updates
- about current affairs
Mere academic knowledge is not enough to be selected for any job position. Moreover, he/ she should be more practical to work in the real space.
In an interview, pls do not hesitate at all and give answers with a confidence and a smile.
Just brush up with the latest academic and professional updates if you are applying for the professional services.
Also, If you don’t know answer to any question, simply say Sorry and reply gently that sir, I will learn in that area.
Selected
I applied via LinkedIn and was interviewed before Jul 2023. There were 3 interview rounds.
2 parts of aptitude test english and reasoning that was quite easy
(3 Questions)
- Q1. About my background
- Q2. What is bank ?
- Ans.
A bank is a financial institution that accepts deposits from the public and creates credit.
Banks provide various financial services such as loans, mortgages, and investment accounts.
They play a crucial role in the economy by facilitating the flow of money and capital.
Examples of banks include JPMorgan Chase, Bank of America, and Wells Fargo.
- Q3. About how many accounts do bank have
(2 Questions)
- Q1. Why you choose hdfc bank
- Q2. Do you know about your designation
I applied via Naukri.com and was interviewed in Oct 2024. There was 1 interview round.
(2 Questions)
- Q1. Golden rule of accounting
- Ans.
The golden rule of accounting states that debit what comes in and credit what goes out.
Debit what comes in and credit what goes out
Helps maintain the balance in accounting records
Used to ensure accuracy in financial transactions
- Q2. Explain requirements of LFAR
- Ans.
LFAR stands for Long Form Audit Report, which is a detailed report prepared by auditors to provide a comprehensive analysis of a company's financial statements and internal controls.
LFAR is a regulatory requirement for banks and financial institutions in India, mandated by the Reserve Bank of India (RBI).
It includes detailed information on the financial position of the company, compliance with regulatory requirements, ...
(2 Questions)
- Q1. Tell me something about yourself
- Q2. Experience background questions
Interview Preparation Tips
Be positive
Be technically tested
Explain all experience
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