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Askari bank Interview Questions and Answers
Ques:- What are the exit routes available to VCF?
Right Answer:
The exit routes available to Venture Capital Funds (VCF) include:

1. Initial Public Offering (IPO)
2. Acquisition or Merger
3. Secondary Sale of Shares
4. Buyback by the company
5. Liquidation of assets
Ques:- What are the advantages of issuing bonus shares to the shareholders and creditors?
Right Answer:
The advantages of issuing bonus shares to shareholders and creditors include:

1. **Increased Liquidity**: Bonus shares increase the number of shares in circulation, enhancing liquidity in the market.
2. **Shareholder Confidence**: It signals confidence in the company's future, potentially boosting shareholder morale and loyalty.
3. **No Cash Outflow**: It allows companies to reward shareholders without using cash, preserving cash flow for other needs.
4. **Improved Market Perception**: It can improve the company's market perception and attract new investors.
5. **Debt Management**: For creditors, it can enhance their equity stake, potentially improving their position in the company.
Ques:- In what form can a bank disburse the amount of assistance it has extended to a company?
Right Answer:
A bank can disburse the amount of assistance to a company in the form of cash, bank transfers, loans, or credit facilities.
Ques:- How are sources and applications categorized for proper interpretation of funds flow statement?
Right Answer:
Sources of funds are categorized as inflows, such as new loans, equity financing, or sales revenue, while applications of funds are categorized as outflows, such as loan repayments, asset purchases, or operating expenses.
Ques:- What is marketing and sales?
Right Answer:
Marketing is the process of promoting and selling products or services, including market research and advertising. Sales is the act of directly selling those products or services to customers.
Ques:- If you were given 10 lakhs what business you would like to open and why?
Right Answer:
I would open a digital marketing agency because there is a growing demand for online presence among businesses, and I can leverage my skills to help them succeed.
Ques:- What r u doing for company
Right Answer:
I am dedicated to providing excellent customer service, addressing inquiries, resolving issues, and ensuring customer satisfaction to support the company's goals.
Ques:- What you know about ICICI BANK ?
Right Answer:
ICICI Bank is one of India's largest private sector banks, offering a wide range of financial services including retail banking, corporate banking, and investment banking. It was established in 1994 and is headquartered in Mumbai. The bank provides services such as loans, credit cards, savings accounts, and insurance, and has a strong presence both in India and internationally.
Ques:- How to make operation smooth?
Right Answer:
To make operations smooth, ensure clear communication, set defined goals, streamline processes, provide proper training, and encourage teamwork and feedback.
Ques:- How you had celebrated your last birthday?
Right Answer:
I celebrated my last birthday with a small gathering of friends and family at my home. We had dinner together, shared some laughs, and enjoyed a cake. It was a relaxed and joyful day.
Ques:- What is the GDP growth of India?
Right Answer:
As of my last update, India's GDP growth rate for the fiscal year 2022-2023 was approximately 7.2%. Please check the latest data for the most current figure.
Ques:- What is sales and marketing?
Right Answer:
Sales and marketing are two related but distinct activities. Marketing involves promoting and creating awareness of a product or service to attract potential customers, while sales is the process of directly engaging with those customers to persuade them to purchase the product or service.
Ques:- What do you mean by bpo?
Right Answer:
BPO stands for Business Process Outsourcing, which is the practice of hiring a third-party company to handle specific business tasks or processes, such as customer service, accounting, or human resources.
Comments
hr Oct 22, 2021

Business Process Outsourcing, or BPO, refers to the process of contracting standard business functions to be handled by a party outside of the company.

BPO is the abbreviation for business process outsourcing, which refers to when companies outsource business processes to a third-party (external) company.

Ques:- What would you do if you were the one survivor in an earthquake?
Right Answer:
I would assess my surroundings for safety, check for injuries, find a safe location, signal for help, and gather supplies if possible.
Ques:- A man works on the 10th floor and takes the elevator down to ground level at the end of the day. Yet every morning, he only takes the elevator to the 7th floor, even when in a hurry. But he goes all the way to the 10th floor when others are in the elevator with him or it is a rainy day. Why?
Right Answer:
The man is short and can only reach the button for the 7th floor. He can reach the button for the 10th floor when others are with him or when it's rainy and he uses an umbrella to press it.
Ques:- Our client is the New York City Opera. They want to develop a growth strategy for the next five years. What would you advise them to look at, and what are your recommendations for growth?
Right Answer:
1. **Market Analysis**: Assess the current opera market, audience demographics, and trends in arts consumption.

2. **Audience Engagement**: Develop programs to attract younger audiences, such as educational outreach, community events, and social media campaigns.

3. **Partnerships**: Collaborate with local schools, universities, and cultural organizations to expand reach and resources.

4. **Diverse Programming**: Introduce a mix of traditional and contemporary operas, including new works and collaborations with diverse artists.

5. **Digital Presence**: Enhance online offerings, including streaming performances and virtual experiences to reach a broader audience.

6. **Membership and Subscription Models**: Create flexible membership options and subscription packages to encourage repeat attendance.

7. **Fundraising and Sponsorship**: Strengthen relationships with donors and seek new sponsorship opportunities to increase funding.

8. **Feedback Mechanism**: Implement a system for gathering audience feedback to continuously improve offerings and experiences.
Ques:- Your company installed an ERP system 3 years ago, spending a cumulative $100M to do so. The CEO asks you, was this a financially sound investment?
Right Answer:
To determine if the ERP system was a financially sound investment, we need to analyze the return on investment (ROI). We should compare the cumulative benefits gained from the ERP system over the past 3 years against the $100M spent. If the benefits exceed $100M, it was a sound investment; if not, it was not financially sound.
Ques:- I am a manufacturer of railroad cars in a declining market. My firm is losing market share and money but I think the industry may rebound in the near future. What should I do?
Right Answer:
Focus on cost reduction and efficiency improvements, invest in innovation and technology, diversify your product offerings, strengthen customer relationships, and explore new markets or partnerships. Prepare for a potential rebound by maintaining a flexible and adaptive business strategy.
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