State Bank of India Senior Financial Advisor Interview Questions and Answers

IBPS takes test moderate to high

Q1. Assessment of working capital
Ans. 
Assessment of working capital involves analyzing a company's current assets and liabilities to determine its ability to meet short-term financial obligations.
• Calculate working capital by subtracting current liabilities from current assets.

• A positive working capital indicates the company has enough assets to cover its short-term debts.

• A negative working capital may signal financial trouble and the need for additional fu...read more
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Q2. Why do you wan tot join banj
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Q1. Ratio Analysis CR DER DSCR ICR
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Q2. SAM MSME Classification
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Q1. What documents to take for loan applications
Ans. 
Documents required for loan applications include proof of income, identification, credit history, and collateral.
• Proof of income such as pay stubs or tax returns

• Identification documents like driver's license or passport

• Credit history report from credit bureaus

• Collateral documentation for secured loans
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Q1. Type of Charge?
Ans. 
Type of charge refers to the nature of the financial obligation, such as fixed or floating charge.
• Type of charge can be fixed or floating.

• Fixed charge is a specific charge on particular assets of a company, while floating charge is a charge on a class of assets that change from time to time.

• Examples of fixed charges include mortgages and debentures, while examples of floating charges include inventory and accounts rece...read more
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Q2. What is the role of CERSAI portal?
Ans. 
CERSAI portal is a centralized platform for registering and maintaining security interests created by lenders on movable assets.
• CERSAI stands for Central Registry of Securitization Asset Reconstruction and Security Interest of India.

• It helps in creating a central registry of security interests on movable assets to prevent fraud and improve transparency in lending.

• Lenders are required to register their security interest...read more
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Q1. Role and responsibilities
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Q2. Why leave job and RBI guidelines and what is family in microfinance Bank and
Ans. 
Leaving job and RBI guidelines are important factors in microfinance banking.
• Leaving a job may be due to career growth opportunities or better work-life balance.

• RBI guidelines are crucial for ensuring compliance and stability in the microfinance sector.

• Family in microfinance bank refers to the close-knit team of employees working towards a common goal.

• Supportive work environment and strong team dynamics are key aspects
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Q1. First question was asusual-"Introduce yourself"
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Q2. Next few questions focused on our knowledge about Indian bank and opertaions of a bank
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Q3. Next was technical,which were asked from the topic-"Analysis of financial statement,especially-Accounting Ratios"
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Q4. Next set of questions were about my work experience
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Q1. Asked about how credit proposal is prepared for the key industry which you have worked on.
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Q2. Asked about family and education background.
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Q1. Basic information and about yourself
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Q2. Explain about yourself and background
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