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IDBI Bank Concurrent Audit Assistant Interview Questions and Answers

Updated 27 Mar 2024

IDBI Bank Concurrent Audit Assistant Interview Experiences

1 interview found

Concurrent Audit Assistant Interview Questions & Answers

user image Damayanti Banerjee

posted on 27 Mar 2024

Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at Mumbai University and was interviewed in Sep 2023. There was 1 interview round.

Round 1 - One-on-one 

(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...

  • Answered by AI
  • 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 preparation tips for other job seekers - Do insight sales

Interview questions from similar companies

Interview experience
1
Bad
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
No response

I applied via Approached by Company and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Design parking lot
  • Ans. 

    Designing a functional and efficient parking lot layout.

    • Consider the size and shape of the lot

    • Include designated spaces for different types of vehicles (compact, regular, handicap)

    • Incorporate clear signage and markings for easy navigation

    • Include lighting for safety and security

    • Consider landscaping and green spaces for aesthetics

  • Answered by AI
  • Q2. Most challenging part of project you worked on

Interview Preparation Tips

Interview preparation tips for other job seekers - Be yourself. Prepare resume well

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in May 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Accounting taxation
  • Q2. Gst and income tax

Interview Preparation Tips

Interview preparation tips for other job seekers - This Is my first interview on this banking accounting but my experience in accounting and taxation in above 2 years
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Job Fair and was interviewed in May 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. What is your edge to other candidates?
  • Q2. How can you see yourself 5 years from now?

Interview Preparation Tips

Interview preparation tips for other job seekers - Relax and answer confident
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in May 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Accounting gst taxation
  • Q2. Itr return file

Interview Preparation Tips

Interview preparation tips for other job seekers - Plz submit the cv on this banking sector
Interview experience
2
Poor
Difficulty level
-
Process Duration
Less than 2 weeks
Result
-

I applied via Company Website and was interviewed in Nov 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(4 Questions)

  • Q1. Bank details account
  • Q2. Bank details otherswise
  • Q3.  any information relating to the Account including without limitation the account number, account balance or value, gross receipts, withdrawals and payments from the account.
  • Q4. Name as in the account (b) Bank Name and IFSC code for the branch (c) Account number.

Interview Preparation Tips

Interview preparation tips for other job seekers - Good job your future is bright job mst your gol is tutu
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Logical reasoning skills and mental ability

Round 3 - Group Discussion 

To find management skills and responsibility

Round 4 - HR 

(2 Questions)

  • Q1. How do you perform to achieve the company?
  • Ans. 

    I perform by setting clear goals, prioritizing tasks, and collaborating with team members.

    • I set clear goals and create a plan to achieve them.

    • I prioritize tasks based on their importance and urgency.

    • I collaborate with team members to ensure everyone is working towards the same goal.

    • I regularly communicate progress and adjust the plan as needed.

    • I stay up-to-date with industry trends and regulations to ensure compliance.

    • ...

  • Answered by AI
  • Q2. What is your aim to getting the job

Interview Preparation Tips

Interview preparation tips for other job seekers - Set measurable goals.Learn how to listen. Focis on the body language
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. Family Background what parents do, if there are any siblings
Round 3 - HR 

(1 Question)

  • Q1. What are your strengths and weaknesses?

Interview Preparation Tips

Interview preparation tips for other job seekers - Not recommended, rather go with big institution

I applied via Recruitment Consultant and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. What is golden rules of accounts?
  • Ans. 

    The golden rules of accounts are basic principles that guide the recording of financial transactions.

    • The golden rules include the Personal Account, Real Account, and Nominal Account.

    • Personal Account: Debit the receiver, credit the giver. For example, when cash is received from a customer, debit the cash account and credit the customer's account.

    • Real Account: Debit what comes in, credit what goes out. For example, when ...

  • Answered by AI
  • Q2. What is modern rules of accounts?
  • Ans. 

    Modern rules of accounts refer to the updated accounting standards and practices that are used in the current business environment.

    • Modern rules of accounts are based on the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).

    • They emphasize on transparency, accuracy, and consistency in financial reporting.

    • Modern rules of accounts also include the use of technology in ac...

  • Answered by AI
  • Q3. What is modern rules of balance sheet?
  • Ans. 

    Modern rules of balance sheet include presenting assets and liabilities in order of liquidity.

    • Assets are listed in order of liquidity, with the most liquid assets listed first.

    • Liabilities are also listed in order of liquidity, with the most immediate liabilities listed first.

    • The balance sheet must balance, with total assets equaling total liabilities and equity.

    • Intangible assets must be disclosed separately from tangib...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - N
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in May 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - Aptitude Test 

To co operation to soft flower motivation highgine , andachivement

Round 3 - HR 

(2 Questions)

  • Q1. Hr personal information, introduction
  • Q2. How is handle unione employees What is technic of more than 100 employees handle on soft flower
  • Ans. 

    Handling union employees requires effective communication, negotiation skills, and understanding of labor laws.

    • Establish open communication channels with union representatives to address concerns and negotiate agreements.

    • Ensure compliance with labor laws and collective bargaining agreements to maintain a positive relationship with the union.

    • Implement fair and transparent policies for all employees to prevent grievances...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Yes to confidence and iq value keep high

IDBI Bank Interview FAQs

How many rounds are there in IDBI Bank Concurrent Audit Assistant interview?
IDBI Bank interview process usually has 1 rounds. The most common rounds in the IDBI Bank interview process are One-on-one Round.
What are the top questions asked in IDBI Bank Concurrent Audit Assistant interview?

Some of the top questions asked at the IDBI Bank Concurrent Audit Assistant interview -

  1. What do you know about Concurrent Sales Audits in Banki...read more
  2. My KYC Documents Verificat...read more
  3. Panel Discuss...read more

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IDBI Bank Concurrent Audit Assistant Interview Process

based on 1 interview

Interview experience

5
  
Excellent
View more

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