Mizuho Bank Credit Administrator Interview Questions and Answers

Q1. Golden rules of Accounting
Ans. 
Golden rules of Accounting are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounting: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit all expenses and losses, Credit all incomes and gains.

• These rules help maintain the balance sheet and ensure accurate financial reporting.

• For example, when a company receives cash from...read more
Answered by AI
Add your answer

Q1. What are the basic components of financial statements, with a particular emphasis on cash flow analysis?
Ans. 
Basic components of financial statements include balance sheet, income statement, and cash flow statement.
• Balance sheet: Shows assets, liabilities, and equity at a specific point in time.

• Income statement: Summarizes revenues, expenses, and profits over a period of time.

• Cash flow statement: Details cash inflows and outflows, highlighting operating, investing, and financing activities.

• Cash flow analysis focuses on the mo...read more
Answered by AI
Add your answer
Q2. How are the balance sheet, cash flow statement, and profit and loss statement interrelated?
Ans. 
The balance sheet, cash flow statement, and profit and loss statement are interrelated as they all provide different perspectives on a company's financial health.
• The balance sheet shows a company's assets, liabilities, and equity at a specific point in time.

• The cash flow statement shows how changes in balance sheet accounts and income affect cash and cash equivalents.

• The profit and loss statement shows a company's reve...read more
Answered by AI
Add your answer

Q1. Prior job profile, working capital ratios, balance sheet understanding
Add your answer
Q2. Companies act. Loan to directors and guarantees given on them
Add your answer

Written Entrance Exam for officer with subjects English, Logical Reasoning, Mathematics, General knowledge and Banking Awareness with Current Affairs and Computer Science. I was Selected in Merit. Got 54th Rank in Gen Category

Q1. Interview was all about my Past experience and my previous job profile as I was already working in Banking Sector prior to joining in SBI. Based on my experience and satisfactory answers to the questions a...read more
Add your answer
Q2. What is Turnover Method? What is Second Method of Lending? How to process a Working Capital Loan? How did you canvassed Current account in your previous organisation? Why you want to Join SBI?
Ans. 
Turnover Method is a method used by lenders to evaluate a borrower's creditworthiness based on their annual sales turnover.
• Turnover Method involves calculating a borrower's credit limit based on a percentage of their annual sales turnover.

• Second Method of Lending involves assessing a borrower's creditworthiness based on their financial statements, cash flow projections, and collateral.

• Processing a Working Capital Loan ...read more
Answered by AI
Add your answer

Q1. About your self
Add your answer
Q2. Work experience
Add your answer

Q1. Introduction and qualifications
Add your answer