IDFC FIRST Bank Inspection Engineer 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