20+ ICICI Prudential Life Insurance Interview Questions and Answers

Documents required for bill certification include invoices, receipts, purchase orders, and payment records.

• Invoices from vendors or suppliers

• Receipts for goods or services purchased

• Purchase orders showing items ordered and prices

• Payment records indicating amounts paid and dates

• Any relevant contracts or agreements

Soft skills related to SAP include communication, problem-solving, adaptability, and attention to detail.

• Effective communication skills to interact with team members and stakeholders

• Strong problem-solving abilities to troubleshoot issues and find solutions

• Adaptability to quickly learn new features and updates in SAP

• Attention to detail to ensure accurate data entry and analysis

CPU stands for Central Processing Unit. It is the brain of the computer responsible for executing instructions and performing calculations.

• CPU is a hardware component that carries out instructions of a computer program.

• It processes data and performs calculations to execute tasks.

• Examples of CPUs include Intel Core i7, AMD Ryzen, and Apple M1.

• CPU speed is measured in GHz (gigahertz) which indicates how many instructions it can process per second.

The process for describing store operations involves outlining the daily tasks, responsibilities, and procedures that ensure the store runs smoothly.

• Start by detailing the store's opening and closing procedures, including cash handling and security protocols.

• Outline the responsibilities of each team member, from sales associates to managers, and how they contribute to the overall operation.

• Describe inventory management processes, such as receiving shipments, stocking shelves,...read more

The procedure of bill certification after vendor onboarding involves verifying the accuracy of the vendor's invoice and approving it for payment.

• Verify that the vendor's invoice matches the agreed-upon terms and pricing

• Check for any discrepancies or errors in the invoice

• Obtain necessary approvals from relevant stakeholders before certifying the bill

• Record the certified bill in the accounting system for payment processing

I have experience in negotiating lease agreements, conducting market research, and analyzing lease terms.

• Negotiated lease agreements with potential tenants

• Conducted market research to identify potential tenants and market trends

• Analyzed lease terms to ensure favorable conditions for the company

A file system is a method used by operating systems to organize and store data on a computer's storage devices.

• File system manages the organization of files and directories on a storage device.

• It provides a way to access, store, and retrieve data efficiently.

• Examples include FAT32, NTFS, and ext4.

• File systems can also include features like permissions, encryption, and compression.

Validate the NT item price by comparing it with market prices and historical data.

• Compare NT item price with similar items in the market

• Check historical data for any price fluctuations

• Verify pricing strategy with competitors

• Consider factors like demand, supply, and production costs

National Building Codes are regulations that ensure safe and sustainable construction practices.

• National Building Codes set minimum standards for building design, construction, and maintenance.

• They ensure the safety of occupants and the public, as well as the durability and sustainability of buildings.

• Codes vary by country and region, but typically cover areas such as structural design, fire safety, plumbing, and electrical systems.

• Adherence to building codes is mandatory and...read more

I have extensive experience working with variable structures in civil engineering projects.

• Designed and implemented variable structure systems for bridges to accommodate different loads and environmental conditions

• Utilized variable structure techniques in building foundations to account for soil variability

• Managed projects involving variable structure components such as retractable roofs and movable walls

There are several types of waterproofing systems including membrane, cementitious, crystalline, and bituminous.

• Membrane waterproofing: involves applying a thin layer of waterproof material over the surface.

• Cementitious waterproofing: uses cement-based materials to create a barrier against water.

• Crystalline waterproofing: penetrates the concrete and forms crystals to block water.

• Bituminous waterproofing: uses bitumen-based materials to provide waterproofing.

• Examples: Torch-on ...read more

Input devices are hardware devices that allow users to interact with a computer by providing data or commands.

• Examples include keyboards, mice, touchscreens, and styluses.

• They are used to input data or commands into a computer system.

• Input devices can be categorized as pointing devices, text input devices, and gaming controllers.

Text of multimedia refers to the written content that accompanies images, videos, or audio in a multimedia presentation.

• Text of multimedia provides additional context or information to enhance the understanding of the visual or auditory elements.

• It can include captions, subtitles, descriptions, or transcripts.

• For example, closed captions in a video provide text representation of spoken dialogue for viewers with hearing impairments.

Rent to Revenue Ratio is a financial metric used to evaluate the relationship between rental income and total revenue.

• It is calculated by dividing total rental income by total revenue.

• A higher ratio indicates that a larger portion of revenue is coming from rental income.

• It is commonly used in real estate and property management to assess the performance of rental properties.

• For example, if a company has $100,000 in rental income and $500,000 in total revenue, the Rent to Reve...read more

I have worked on various shuttering schemes including traditional timber formwork, steel formwork, and modular formwork systems.

• Traditional timber formwork: Used for simple structures and requires skilled carpenters.

• Steel formwork: More durable and reusable, suitable for high-rise buildings and complex structures.

• Modular formwork systems: Faster to assemble and disassemble, ideal for repetitive use in large projects.

• Example: I have experience using Peri formwork systems for c...read more

Multimedia refers to content that uses a combination of different forms of media such as text, audio, images, animations, and videos.

• Combination of different forms of media

• Includes text, audio, images, animations, and videos

• Used in various industries like entertainment, education, marketing, etc.

Current CTC is confidential, expecting a competitive offer based on industry standards.

• Current CTC is based on my experience, skills, and market trends.

• Expecting a competitive offer in line with industry standards and my qualifications.

• Open to negotiation based on the overall compensation package.

• Looking for a salary that reflects my value and contributions to the company.

Yes

• I have extensive exposure to IT commercial parks.

• I have worked closely with IT companies and vendors in these parks.

• I have successfully negotiated contracts and managed procurement processes for IT equipment and services in these parks.

• I am familiar with the specific requirements and challenges of IT procurement in these parks.

• I have implemented cost-saving measures and optimized procurement strategies in these parks.

I recently leased a new car for my daily commute to work.

• Leased a new car from XYZ dealership

• Chose a compact sedan model for fuel efficiency

• Signed a 3-year lease agreement with monthly payments

Cost per Sqft and structural consumption are key factors in determining the overall budget and efficiency of a construction project.

• Cost per Sqft refers to the cost of construction per square foot of space. It is calculated by dividing the total cost of construction by the total square footage of the building.

• Structural consumption refers to the amount of structural materials used in the construction of a building. It includes materials such as steel, concrete, and wood.

• Effic...read more

Concrete mix design involves selecting the appropriate components and proportions to achieve desired properties.

• Components of concrete mix design include cement, aggregates, water, and admixtures.

• The proportions of each component are determined based on the desired strength, workability, and durability of the concrete.

• For example, a typical mix design for a standard concrete mix may consist of 1 part cement, 2 parts fine aggregate (sand), 4 parts coarse aggregate, and water.

• A...read more

Leases appear in the balance sheet under the 'Lease Liabilities' section.

• Leases are classified as either operating leases or finance leases.

• Operating leases are disclosed in the footnotes of the financial statements.

• Finance leases are recognized as assets and liabilities on the balance sheet.

• Lease liabilities represent the present value of future lease payments.

• Lease assets represent the right to use the leased asset.

• Both the lease liability and lease asset are initially meas...read more

Ind AS 115 deals with revenue recognition while amendments in Sch III relate to changes in financial reporting requirements.

• Ind AS 115 provides guidance on when and how to recognize revenue in financial statements.

• Amendments in Schedule III of the Companies Act, 2013, include changes in the format and disclosure requirements for financial statements.

• Both Ind AS 115 and amendments in Sch III aim to improve transparency and comparability in financial reporting.