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10+ IDFC FIRST Bank Interview Questions and Answers

Updated 5 Feb 2024
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Q1. Cube with six colors how many different cubes can be obtained?

Ans.

There are 6 colors, so 6^3 = 216 different cubes can be obtained.

  • The cube has 6 faces, each of which can be one of 6 colors.

  • Therefore, there are 6 options for the first face, 6 for the second, and 6 for the third.

  • To find the total number of possible cubes, we multiply these options together: 6 x 6 x 6 = 216.

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Q2. Calculate what single cut bookmyshow should charge from the customers depending on the various factor..... Ans. List the factors like movie of superstar, festival occasion etc.

Ans.

BookMyShow should charge different prices based on factors like movie of superstar, festival occasion, etc.

  • Consider the popularity of the movie star

  • Take into account the demand for tickets during festival occasions

  • Analyze the competition and market trends

  • Offer discounts for bulk bookings or loyalty programs

  • Consider the cost of production and distribution

  • Adjust prices based on the time of day or week

  • Use dynamic pricing to optimize revenue

  • Examples: Charge higher prices for a mo...read more

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Q3. How to eliminate a defective pack (empty) from a bunch of non-empty ones while loading for transportation?

Ans.

Defective pack elimination during transportation loading

  • Inspect each pack before loading

  • Use a checklist to ensure all packs are accounted for

  • Separate defective packs from non-defective ones

  • Label defective packs clearly

  • Dispose of defective packs properly

  • Train personnel on proper handling procedures

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Q4. Why Snapdeal (or whatever company it is)?

Ans.

Snapdeal is a leading e-commerce company in India with a strong customer base and a wide range of products.

  • Snapdeal has a large customer base in India, which provides a great opportunity for growth and impact.

  • The company offers a wide range of products across various categories, catering to diverse customer needs.

  • Snapdeal has a strong presence in the e-commerce market, competing with other major players.

  • The company has a user-friendly platform and offers convenient payment op...read more

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Q5. Estimate the costs of an Auto-Rickshaw driver. (No time frame)

Ans.

Estimating the costs of an Auto-Rickshaw driver.

  • Consider fuel expenses for the auto-rickshaw.

  • Include maintenance and repair costs.

  • Factor in license and permit fees.

  • Account for insurance premiums.

  • Include daily wages for any helpers or assistants.

  • Consider miscellaneous expenses like parking fees and tolls.

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Q6. Walk be through your CV and explain each thing in detail

Ans.

I will explain each section of my CV in detail.

  • Education: I completed my Bachelor's degree in Economics at XYZ University. I focused on macroeconomics and econometrics, conducting research on the impact of fiscal policy on economic growth.

  • Internship: I interned at ABC Company, where I worked closely with the data analysis team. I gained hands-on experience in data collection, cleaning, and analysis using tools like Excel and SQL.

  • Work Experience: I worked as a Junior Analyst a...read more

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Q7. Guess the amount of water used in the college?

Ans.

The amount of water used in the college depends on various factors such as the number of students, staff, and facilities.

  • The amount of water used in the college varies depending on the size of the college.

  • The number of students, staff, and facilities also play a significant role in determining the amount of water used.

  • The college may have water-saving measures in place to reduce water usage.

  • The amount of water used may also vary depending on the season and weather conditions....read more

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Q8. Mean median mode, why median is best

Ans.

Median is best because it is not affected by outliers and gives a better representation of central tendency.

  • Median is the middle value in a dataset, which makes it less affected by extreme values or outliers.

  • It gives a better representation of central tendency as compared to mean, which can be skewed by outliers.

  • Mode is not always useful as it may not exist or may not be unique in a dataset.

  • For example, in a dataset of salaries, the median would give a better representation o...read more

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Q9. Number of Umbrella sold in India during rainy seasons

Ans.

The number of umbrellas sold in India during rainy seasons varies depending on factors such as rainfall intensity and geographical location.

  • The demand for umbrellas is generally higher in regions with heavy rainfall.

  • Urban areas with higher population density may have a higher demand for umbrellas.

  • Factors like price, availability, and marketing strategies also influence umbrella sales.

  • Sales data from previous years can provide insights into the average number of umbrellas sold...read more

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Q10. Estimate the revenue of a Dominos outlet

Ans.

Estimating the revenue of a Dominos outlet

  • Consider the average number of orders per day

  • Calculate the average order value

  • Multiply the average number of orders by the average order value

  • Take into account any seasonal variations or promotions

  • Consider the location and population density of the outlet

  • Analyze the competition in the area

  • Factor in the operating expenses and profit margin

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Q11. whether 899 is prime or not??

Ans.

No, 899 is not a prime number.

  • A prime number is a positive integer greater than 1 that has no positive integer divisors other than 1 and itself.

  • 899 can be divided by 29 and 31, so it is not a prime number.

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Interview Process at IDFC FIRST Bank

based on 1 interviews
4 Interview rounds
Technical Round
Aptitude Test Round - 1
HR Round
Aptitude Test Round - 2
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