IDFC FIRST Bank Cost Trainee Interview Questions and Answers

Q1. What is hypothesis testing?
Ans. 
Hypothesis testing is a statistical method used to make inferences about a population based on sample data.
• It involves setting up a hypothesis (null and alternative), collecting data, and using statistical tests to determine the likelihood of the null hypothesis being true.

• The null hypothesis typically states that there is no effect or no difference, while the alternative hypothesis suggests there is an effect or diffe...read more
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Q2. What are ways through which credit card companies earn revenue?
Ans. 
Credit card companies earn revenue through interest charges, annual fees, interchange fees, and late payment fees.
• Interest charges on balances carried over from month to month

• Annual fees charged for card membership

• Interchange fees paid by merchants for processing transactions

• Late payment fees for missed or delayed payments
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Nothing just normal.

Q1. Just they went with flow
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Q2. Self introduction
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Q3. Situational questions
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Q1. What is your current ctc
Ans. 
My current CTC is confidential and I would prefer not to disclose it.
• I am not comfortable sharing my current CTC as it is confidential information.

• I believe that discussing salary details should be done in a more appropriate setting, such as during negotiations or with HR.

• I would prefer to focus on my qualifications and experience rather than my current salary.
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Q2. What is your current role
Ans. 
I am currently working as a Financial Analyst at a multinational corporation.
• Analyzing financial data and trends to provide insights and recommendations

• Preparing financial reports and forecasts

• Assisting in budgeting and financial planning

• Conducting variance analysis and performance tracking

• Collaborating with other departments to support decision-making
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Q1. Assked ABOUT School achievement. Interest in sports extra curriculum activists wtc
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Q2. Current finance minister
Ans. 
The current finance minister of the country is Nirmala Sitharaman.
• Nirmala Sitharaman became the finance minister in May 2019.

• She is the first full-time female finance minister of India.

• She has presented two Union Budgets so far, in 2019 and 2020.

• She has also introduced several economic reforms and policies, such as the Corporate Tax Cut and the Atmanirbhar Bharat Abhiyan.
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General topics on current budget

Q1. What is your name
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Q1. Why do you want to join us?
Ans. 
I am impressed by your company's reputation for innovative solutions and strong team collaboration.
• I am drawn to your company's commitment to excellence in analytics

• I am excited about the opportunity to work with a talented team of analysts

• I believe my skills and experience align well with the challenges your company faces
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Q2. Where do you see yourself in five years?
Ans. 
In five years, I see myself as a senior analyst leading a team and making significant contributions to the company's growth.
• Leading a team of analysts

• Making significant contributions to company growth

• Continuing professional development and learning new skills

• Building strong relationships with colleagues and clients
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This content pertains to basic joins in SQL queries.

Q1. What are your salary expectations?
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Q2. When are you available to join?
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Q1. Till date working and experience
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Q1. Technical questions about technology organization using.
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Q1. About the salary and documents
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Q1. Introduce yourself
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Q1. Why do you want to join axis bank?
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