ICICI Bank Back Office Assistant Interview Questions and Answers

Soiled note is a currency note that is dirty or stained while mutilated note is a currency note that is damaged or torn.

• Soiled notes are currency notes that are dirty, stained, or have ink marks on them.

• Mutilated notes are currency notes that are damaged, torn, or have missing parts.

• Soiled notes can still be used for transactions but mutilated notes need to be exchanged for new ones.

• Examples of mutilated notes include ...read more

MICR stands for Magnetic Ink Character Recognition. It is a technology used in banking for processing cheques.

• MICR uses magnetic ink to print characters on cheques that can be read by machines.

• The characters include the bank's routing number, account number, and cheque number.

• MICR helps to automate the processing of cheques, making it faster and more accurate.

• It is also used for other financial documents like deposit s

NEFT and RTGS are electronic fund transfer systems used in India.

• NEFT stands for National Electronic Funds Transfer and is used for transferring funds up to Rs. 2 lakhs.

• RTGS stands for Real Time Gross Settlement and is used for transferring funds above Rs. 2 lakhs.

• NEFT transactions are settled in batches while RTGS transactions are settled individually.

• Both NEFT and RTGS require the sender and receiver to have bank acc...read more

This tissue box is not just a box, it's a stylish accessory that adds a touch of elegance to any room.

• The tissue box is made of high-quality materials that ensure durability and longevity.

• It has a sleek and modern design that complements any decor.

• The box is easy to refill and holds a large number of tissues, making it convenient for everyday use.

• It's perfect for use in the home, office, or car.

• The tissue box is also a...read more

This pen is not just a writing tool, it's a statement of style and sophistication.

• This pen is made of high-quality materials that ensure a smooth writing experience.

• It has a sleek and elegant design that will make you stand out in any setting.

• The ink is long-lasting and won't smudge or smear, even on the thinnest of paper.

• It's perfect for professionals who want to make a lasting impression.

• This pen is a must-have for a

Accounts and investment come under the purview of the Finance department in a bank.

• Accounts and investment are managed by the Finance department in a bank.

• The Finance department is responsible for managing the bank's financial resources.

• Examples of tasks performed by the Finance department include managing cash flow, investing funds, and preparing financial statements.

KYC stands for Know Your Customer and refers to the process of verifying the identity of clients.

• KYC is a crucial process in the financial industry to prevent fraud and money laundering.

• It involves collecting and verifying personal information such as name, address, and identification documents.

• KYC regulations vary by country and industry, but generally require ongoing monitoring of customer activity.

• Examples of KYC pr...read more

The average number of files received per month varies depending on the department and workload.

• The number of files received per month can range from a few hundred to several thousand depending on the department.

• The workload and seasonality can also affect the number of files received.

• It is important to have a system in place to manage the influx of files and ensure timely processing.

• For example, in a busy HR department...read more