Small Industries Development Bank of India Assistant Manager Interview Questions and Answers

Q1. About collection
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Q2. About reporting
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Q1. About collection
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Q2. About field visit
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Q3. About all bukets
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Q4. Collection purpose
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The collection purpose refers to the reason for gathering or accumulating certain items or information.
• Collection purpose helps in determining the intended use of the collected data.

• It ensures that the collected items or information are relevant and necessary for a specific purpose.

• Examples of collection purposes include market research, customer profiling, data analysis, and record-keeping.

• Collection purpose also help...read more
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Q5. About reporting
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Q1. Multitasking activity
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Basic aptitude test with 4 sections.

Q1. How much would I rate myself in Excel.
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Q2. What was my latest achievement?
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Q1. What are your greatest strengths
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Q1. What is your greatest career achievement?
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Q1. About previous experience
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Q2. About the job description
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Q1. Basic Question about Banking
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Q2. Calculate EMI and Interest
Ans. 
To calculate EMI and interest, we need to know the loan amount, interest rate, and tenure.
• EMI stands for Equated Monthly Installment, which is the fixed amount paid monthly towards the loan repayment.

• EMI calculation formula: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P is the loan amount, R is the interest rate per month, and N is the tenure in months.

• Interest calculation formula: Interest = (P x R x N)/100, where P is...read more
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Q1. Basic Introduction
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Q1. About my past job amd why was i looking for a channge
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Q2. Knowledge and skills used
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Knowledge and skills used in previous roles to effectively manage teams and achieve goals.
• Strong leadership skills demonstrated through successful team management

• Effective communication skills to ensure clear direction and expectations

• Ability to problem solve and make decisions under pressure

• Experience in budget management and financial analysis

• Proficiency in project management tools and techniques
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Q1. What is your family background?
Ans. 
My family background is diverse and has shaped my values and work ethic.
• My parents are both immigrants from different countries, which has given me a multicultural perspective.

• I come from a large family with strong ties and a tradition of hard work.

• My siblings and I were raised to value education and strive for success.

• My family has a history of entrepreneurship, which has influenced my business mindset.
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Q2. Why are you looking for a change?
Ans. 
Looking for new challenges and growth opportunities.
• Seeking a position with more responsibility and leadership opportunities.

• Interested in working in a different industry to broaden my skillset.

• Want to work in a company with a stronger focus on employee development and career advancement.

• Desire to work in a more collaborative and dynamic team environment.

• Looking for a change in location to explore new cities and cultur
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Q3. Tell me about yourself.
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I am a highly motivated and experienced professional with a strong background in management and leadership.
• Over 5 years of experience in management roles

• Proven track record of successfully leading teams and achieving targets

• Excellent communication and problem-solving skills

• Strong organizational and time management abilities

• Ability to adapt to changing environments and handle multiple tasks

• Example: As a Manager at XYZ C...read more
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