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China Bank Interview Questions and Answers
Ques:- What is policy laps ?
Right Answer:
Policy lapse refers to the termination of an insurance policy due to non-payment of premiums, resulting in the loss of coverage.
Ques:- In order to attract deposits, banks offer various types of products with distinguishing features. As a student of banking law do you observe any challenge/threat from money laundering for banks in this struggle? Discuss
Right Answer:
Yes, banks face significant challenges from money laundering when attracting deposits. Money laundering can lead to reputational damage, regulatory penalties, and financial losses. Banks must implement strict compliance measures and due diligence processes to detect and prevent illicit activities, which can complicate their efforts to attract legitimate deposits.
Ques:- What is the difference between brd, srs and use of case documents?
Right Answer:
BRD (Business Requirements Document) outlines the high-level business needs and objectives. SRS (Software Requirements Specification) details the functional and non-functional requirements for the software. Use Case documents describe specific interactions between users and the system to achieve particular goals.
Ques:- WHAT IS WORKING CAPITAL
Right Answer:
Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.
Ques:- What if you did’nt get any growth in our company even working for 3 or 4 years.
Right Answer:
If I don't see any growth in my role after 3 or 4 years, I would seek feedback on my performance, explore opportunities for professional development, and discuss potential career paths within the company to align my goals with the organization's needs.
Ques:- How do you measure your success as a customer success consultant?
Right Answer:
I measure my success as a customer success consultant by tracking customer satisfaction scores, retention rates, and the achievement of customer goals. Additionally, I assess feedback from clients and the growth in their usage of our products or services.
Ques:- WHAT IS PERFECT MEANS OF SUCCESS
Right Answer:
Perfect means of success is achieving your goals while maintaining balance in personal happiness, relationships, and professional growth.
Ques:- What you will do in a particular situation
Right Answer:
I would assess the situation, gather relevant information, and then take appropriate action to resolve the issue while ensuring clear communication with the customer.
Ques:- How is Modicare different from Rashtriya Swasthya Bima Yojana (RSBY)?
Right Answer:
Modicare, officially known as Ayushman Bharat, provides a broader health coverage of up to ₹5 lakh per family per year for secondary and tertiary care hospitalization, while Rashtriya Swasthya Bima Yojana (RSBY) primarily focuses on providing health insurance to below-poverty-line families for specific health services.
Ques:- What is Financial Statement Analysis?
Right Answer:
Financial Statement Analysis is the process of evaluating a company's financial statements to understand its financial health, performance, and trends over time. This involves examining the balance sheet, income statement, and cash flow statement to assess profitability, liquidity, solvency, and operational efficiency.
Ques:- P is three times as fast as Q and working together, they can complete a work in 12 days. In how many days can Q alone complete the work?
Right Answer:
Q alone can complete the work in 36 days.
Ques:- Two trains, each 100 m long, moving in opposite directions, cross other in 8 sec. If one is moving twice as fast the other, then the speed of the faster train is?
Right Answer:
The speed of the faster train is 50 m/s.
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