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IDBI Bank Concurrent Audit Assistant Interview Questions and Answers
IDBI Bank Concurrent Audit Assistant Interview Experiences
1 interview found
Concurrent Audit Assistant Interview Questions & Answers
Mrs. Damayanti Suvam Banerjee
posted on 27 Mar 2024
Selected
I applied via Campus Placement and was interviewed in Sep 2023. There was 1 interview round.
(6 Questions)
- Q1. Tell us about yourself & past experience?
- Q2. What do you know about Concurrent Sales Audits in Banking?
- Ans.
Concurrent Sales Audits in Banking are real-time audits conducted to ensure accuracy and integrity of sales transactions.
Concurrent Sales Audits are conducted simultaneously with the sales transactions to detect any discrepancies or fraud in real-time.
These audits help in ensuring compliance with regulatory requirements and internal policies.
They involve reviewing sales transactions, verifying documentation, and reconc...
- Q3. How did you know about us, (Referral Card) Muthusivasubramanian Assistant General Manager Service & Operations Manager IDBI Bank Management Sanpada Branch?
- Q4. Do you have any Questions for us, (When is the Product Training of IDBI Bank Management Starting April 2024in IDBI Bank Sanpada Branch)?
- Q5. Panel Discussion
- Q6. My KYC Documents Verification
Interview Preparation Tips
Interview questions from similar companies
Anonymous
Selected
I applied via Recruitment Consulltant and was interviewed in Feb 2024. There was 1 interview round.
(1 Question)
- Q1. Explain Black and Scholes model in detail
- Ans.
Black-Scholes model is a mathematical model used to calculate the theoretical price of European-style options.
Developed by Fischer Black, Myron Scholes, and Robert Merton in 1973
Assumes stock prices follow a lognormal distribution
Factors in the option's strike price, time to expiration, risk-free interest rate, and volatility of the underlying asset
Helps in determining the fair value of options and other derivatives
Use...
rajesh kumar
I appeared for an interview in Jul 2024.
(2 Questions)
- Q1. Question about big data and big query
- Q2. Question about pyspark
(1 Question)
- Q1. Salary expectation & why you want to join db ?
- Ans.
I am looking for a competitive salary that reflects my experience and skills. I want to join db because of its reputation for innovation and growth opportunities.
I am seeking a salary that aligns with my level of experience and expertise in the industry.
I believe db offers a dynamic and innovative work environment that will allow me to grow and develop professionally.
I am attracted to db's reputation as a leader in the...
Interview Preparation Tips
Selected
I applied via Referral and was interviewed before Mar 2022. There were 3 interview rounds.
(1 Question)
- Q1. Related to process and current work experience
(1 Question)
- Q1. Capital and Money market
Interview Preparation Tips
- Finance
- Trading
- Global Marketing
Selected
It was nice test about the financial terms And Details
(2 Questions)
- Q1. It was all about questions for Unix and SQL
- Q2. It was asked for the financial terms And concepts as well
Interview Preparation Tips
(2 Questions)
- Q1. Tell me about your self
- Ans.
I am a dedicated and experienced professional with a strong background in project management and team leadership.
Over 8 years of experience in project management
Successfully led cross-functional teams to deliver projects on time and within budget
Strong communication and interpersonal skills
Proven track record of achieving targets and exceeding expectations
- Q2. Personal details
Selected
I applied via Referral and was interviewed before Nov 2023. There were 4 interview rounds.
Logical reasoning permutations combination general knowledge and Writing Skills.
Any current tropics in india.
(1 Question)
- Q1. General introduction with questions Related to your studies, which is critical to recall and typing speed test.
(4 Questions)
- Q1. They tried to reject as worst manager will make you down and leave the room on lowest payroll.
- Q2. Introduction round
- Q3. If hired then at very low wage rate as per Gurugram wage rate
- Q4. Only they will convince you to join other organisations. Means they will reject you. If convincing power is more you will be in.
Interview Preparation Tips
Best for 21 to 25 yrs aged with excellent knowledge of IT and Advance Excel certificate to earn experience of night shift.
No Accomodation for married and unmarried.
No work from home
Too Delayed promotions.
Too low wage rate structure as Gurgaon expenses.
One of the worst HR services among corporate industry in India.
Not at all good for migrants employees as no Accomodation/ food for migrants.
One of the worst health services among Indian corporate industry.
Strictly no for post graduate students as only except Tire 1 post graduate.
Too congested infrastructure as per employee strength.
I applied via Campus Placement and was interviewed in Aug 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. SQL queries you
- Ans.
I am proficient in writing complex SQL queries for data retrieval and manipulation.
I have experience in using various SQL functions like JOIN, GROUP BY, HAVING, etc.
I can write subqueries and nested queries to fetch data from multiple tables.
I am familiar with using SQL for data analysis and reporting purposes.
I have worked with different database management systems like MySQL, Oracle, and SQL Server.
Interview Preparation Tips
Skills evaluated in this interview
Selected
I applied via Approached by Company and was interviewed before Jan 2023. There was 1 interview round.
(3 Questions)
- Q1. 5 ways of initializing SAS Macro variables
- Ans.
There are multiple ways to initialize SAS Macro variables.
Using the %LET statement
Using the %GLOBAL statement
Using the %SYSCALL macro function
Using the %SYSFUNC macro function
Using the %DO loop
- Q2. Difference between Merge and Sql Join
- Ans.
Merge is a function in pandas library used to combine two dataframes based on a common column, while SQL join is used to combine tables based on a specified condition.
Merge is a function in pandas library, while SQL join is a clause in SQL.
Merge combines two dataframes based on a common column, while SQL join combines tables based on a specified condition.
Merge can perform inner, outer, left, and right joins, while SQL...
- Q3. 5 proc statements
Skills evaluated in this interview
I appeared for an interview before Apr 2016.
Interview Questionnaire
3 Questions
- Q1. Tell me something about yourself
- Ans.
I am a highly motivated and experienced professional with a strong background in management and leadership.
I have over 5 years of experience in supervisory roles, where I successfully led teams and achieved targets.
I have a proven track record of implementing effective strategies to improve operational efficiency and customer satisfaction.
I possess excellent communication and interpersonal skills, which enable me to ef...
- Q2. Why are you the right candidate for this job?
- Ans.
I have the necessary skills, experience, and leadership qualities to excel in this role.
I have a proven track record of successfully managing teams and achieving targets.
I possess strong communication and interpersonal skills, which are essential for effectively leading and motivating a team.
I am highly organized and detail-oriented, ensuring efficient operations and smooth workflow.
I am adept at problem-solving and de...
- Q3. Same question as Round 2 but by regional head
Interview Preparation Tips
Experience: Management at organization goes through your resume
Tips: Include essential details in resume, like qualifications, academic achievements and out of the box attributes about yourself. Remove unnecessary/irrelevant details
Round: Technical + HR Interview
Experience: Yes bank management asked me about myself, why am I fit for the job, how are my qualifications apt for the job, how can I bring value to the organisation basis my learnings pre MBA and during MBA program?
Tips: Try to be yourself, don't fake around becuase people sitting on other side are smart enough to judge if it's truth or fake. Start answering with your academic background, followed by what made you choose MBA, then continue with how learnings till that time is appropriate for the job and try ending up by framing the picture that you're the best candidate for the job.
Round: Technical + HR Interview
Experience: Same as Round 2
Tips: Be yourself and answer smartly like in round 2 even if it is to regional head because your 1st interviewer and 2nd interview would coordinate and your answers would be validated
Skills: Smartness, Sales, Ability To Make Quick Calculations, Decision Making Skill
College Name: NMIMS School Of Business Management
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IDBI Bank Concurrent Audit Assistant Interview Process
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