20+ Ridings Consulting Engineers India Interview Questions and Answers

FDI stands for Foreign Direct Investment. It is the process of investing in a foreign country and establishing business operations there.

• FDI refers to the investment made by a company or individual from one country into another country.

• The procedure to settle the fund involves various steps such as obtaining necessary approvals, opening a bank account, and complying with regulatory requirements.

• For example, if a company from the United States invests in a manufacturing plant ...read more

Overdue bill of entry & caution listed shipping bill are called when...

• Overdue bill of entry is called when the importer fails to submit the bill of entry within the prescribed time limit.

• Caution listed shipping bill is called when the importer fails to pay the customs duty within the prescribed time limit.

• Both are called to remind the importer to complete the necessary formalities to clear the goods from customs.

• Failure to comply with these reminders can result in penalties ...read more

A bank guarantee is a promise from a bank to cover the losses of a borrower if they fail to meet their obligations. There are several types of bank guarantees.

• A bank guarantee is a form of financial security provided by a bank to a borrower.

• It is a promise from the bank to cover the losses of the borrower if they fail to meet their obligations.

• Types of bank guarantees include bid bond, performance bond, advance payment guarantee, and standby letter of credit.

• Bid bond guarante...read more

Banking for customers and employees has changed significantly in recent times.

• The rise of digital banking has made banking more convenient for customers.

• Employees now need to have a strong understanding of technology to keep up with the changes.

• Customer service has become more important than ever as customers expect quick and efficient service.

• The use of data analytics has allowed banks to personalize their services for customers.

• Security measures have become more advanced to...read more

The question is related to legal terms and refers to BG, Section 28, and continuous clause.

• BG stands for 'Bonded Guarantee' which is a type of financial guarantee provided by a bank or insurance company to a contractor.

• Section 28 refers to a specific section in the Indian Contract Act, 1872 which deals with the rights and obligations of parties in a contract.

• Continuous clause is a legal provision that allows a contract to be extended beyond its original term until one of the ...read more

Article 3, 17, 28 in UCP 600

• Article 3: Examines documents for compliance with terms of credit

• Article 17: Bank is not liable for consequences of delay or error in transmission

• Article 28: Discrepancies in documents must be notified within 5 banking days

To mobilize Government funds to the Bank, I will follow a systematic approach.

• Identify the available Government funds and their allocation

• Understand the terms and conditions of the funds

• Prepare a proposal highlighting the benefits of investing in the Bank

• Present the proposal to the relevant Government authorities

• Negotiate the terms and conditions of the investment

• Ensure compliance with all legal and regulatory requirements

• Monitor the utilization of the funds and provide regul...read more

EDPMS & IDPMS are software systems used in Indian government for monitoring and evaluation of development projects.

• EDPMS stands for Electronic Development Project Monitoring System

• IDPMS stands for Integrated Development Project Monitoring System

• Both systems are used by Indian government for monitoring and evaluation of development projects

• EDPMS is used for monitoring centrally sponsored schemes while IDPMS is used for state sponsored schemes

Yes, I am familiar with casa, fd, mutual fund SIP, and other investment options.

• CASA stands for Current Account Savings Account, which are basic banking products for individuals and businesses.

• FD refers to Fixed Deposits, a type of investment where a sum of money is deposited in a bank for a fixed period of time at a fixed interest rate.

• Mutual Fund SIP (Systematic Investment Plan) is a method of investing a fixed sum regularly in mutual funds to take advantage of rupee cost a...read more

Cheques and currency have various security features to prevent counterfeiting and fraud.

• Cheques may have watermarks, holograms, or special inks to prevent alteration or duplication.

• Currency may have security threads, microprinting, or color-shifting ink to deter counterfeiters.

• Both cheques and currency may have serial numbers or other unique identifiers to track authenticity.

• Advanced security features like biometric authentication or blockchain technology may also be used.

• Reg...read more

To improve business for CV Finance in HDFC, I would focus on expanding the customer base, offering competitive interest rates, and enhancing customer service.

• Expand customer base by targeting new demographics and industries

• Offer competitive interest rates to attract more borrowers

• Enhance customer service by providing personalized assistance and quick response times

GR waiver is a document that allows a company to import goods without paying customs duty.

• GR stands for 'Goods Received'

• Waiver is granted by the Reserve Bank of India

• It is applicable for goods imported for display or use in trade fairs, exhibitions, etc.

• It is also applicable for goods imported for repair or replacement under warranty

• GR waiver is not applicable for goods imported for sale or for personal use

I will search for new leads through networking, cold calling, attending industry events, utilizing social media, and leveraging existing relationships.

• Networking with industry professionals

• Cold calling potential leads

• Attending industry events and conferences

• Utilizing social media platforms for lead generation

• Leveraging existing relationships for referrals

Address non-performing employees by setting clear expectations, providing feedback, offering support, and taking appropriate disciplinary action if necessary.

• Communicate clear performance expectations to the employee

• Provide regular feedback on their performance and areas for improvement

• Offer support and resources to help them improve

• Consider reassigning tasks or providing additional training if needed

• If performance does not improve, take appropriate disciplinary action such a...read more

Bond is a type of debt security issued by companies or governments, while debenture is a type of bond that is not secured by collateral.

• Bonds are secured by collateral, while debentures are not.

• Bonds have a lower risk of default than debentures.

• Bonds have a fixed interest rate, while debentures may have a floating interest rate.

• Examples of bonds include government bonds and corporate bonds, while examples of debentures include unsecured corporate bonds and convertible debentu...read more

Handling an angry customer requires patience, empathy, and effective communication skills.

• Remain calm and composed

• Listen actively to the customer's concerns

• Empathize with the customer's emotions

• Apologize for any inconvenience caused

• Offer a solution or alternative to resolve the issue

• Follow up with the customer to ensure satisfaction

Truncate removes all data from a table while delete removes specific rows.

• Truncate is faster than delete as it doesn't log individual row deletions.

• Truncate resets the identity of the table while delete doesn't.

• Truncate cannot be rolled back while delete can be.

• Truncate doesn't fire triggers while delete does.

• Truncate is a DDL operation while delete is a DML operation.

EBIT margin is a measure of a company's profitability, while PAT margin is the profit after taxes.

• EBIT margin is calculated by dividing earnings before interest and taxes by revenue.

• PAT margin is calculated by dividing net profit after taxes by revenue.

• Both margins are expressed as a percentage.

• EBIT margin is useful for comparing companies in the same industry.

• PAT margin takes into account taxes paid and is a more accurate measure of profitability.

Managing risk and investment profile is crucial for a successful manager.

• Assessing risk tolerance of investors

• Diversifying investments to minimize risk

• Monitoring market trends and adjusting investments accordingly

• Creating a balanced portfolio

• Staying up-to-date with industry regulations and compliance

• Implementing risk management strategies

• Communicating investment strategies and risks to stakeholders

Performance bank guarantee is a type of guarantee issued by a bank to ensure that a contractor fulfills their contractual obligations.

• It is commonly used in construction projects and other large-scale contracts.

• The bank guarantees that the contractor will complete the project on time and to the required standard.

• If the contractor fails to meet their obligations, the bank will pay a specified amount to the beneficiary of the guarantee.

• The amount of the guarantee is usually a p...read more

My boss's name is John Smith.

• My boss's name is John Smith.

• He has been with the company for 10 years.

• He is known for his excellent leadership skills.

• He is always available to help his team members.

• He encourages his team to take on new challenges and grow professionally.

Z rule of cheque is a banking practice that requires the drawer to draw a line on the cheque after the amount to prevent any alteration.

• Z rule is also known as the 'not negotiable' rule.

• It is a security measure to prevent fraud and unauthorized alterations.

• The line should be drawn from the end of the amount to the end of the line.

• The line can be straight or zigzagged, but it must be continuous.

• If the cheque is crossed, the line should be drawn between the two parallel lines.

• T...read more

I worked at ABC Corporation as a Marketing Manager.

• Managed a team of 5 marketing executives

• Developed and executed marketing campaigns for new product launches

• Increased sales by 20% through targeted advertising and promotions