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Monzo bank Interview Questions and Answers
Ques:- By selling 150 mangoes, a fruit-seller gains the selling price of 30 mangoes. Find the gain percent?
Asked In :- monzo bank, starling bank,
Right Answer:
The gain percent is 20%.
Comments
mathew May 17, 2022

20 %

Ques:- If rupee one produces rupees nine over a period of 40 years, find the rate of simple interest?
Asked In :- icici bank, monzo bank,
Right Answer:
The rate of simple interest is 2.25% per annum.
Ques:- What was your achievement with the previous company?
Right Answer:
In my previous company, I successfully led a project that improved our software's performance by 30%, resulting in increased customer satisfaction and a 15% boost in sales.
Ques:- Why work for kotak
Right Answer:
I want to work for Kotak because it has a strong reputation for innovation and customer service in the banking sector, offers opportunities for professional growth, and values employee development.
Ques:- Describe about customer care executive?
Right Answer:
A customer care executive is a professional who assists customers by addressing their inquiries, resolving issues, and providing information about products or services. They communicate effectively, listen to customer needs, and ensure a positive experience through support and problem-solving.
Ques:- Why this company and not any other with the same work field?
Right Answer:
I am drawn to this company because of its strong reputation for innovation and commitment to employee development. I admire your focus on collaboration and sustainability, which aligns with my values and career goals. I believe I can contribute meaningfully to your team and grow alongside the company.
Comments
DHIVYA BHARATHI.N Apr 2, 2022

i improve my skills and i see u r company feed back it all are good with your company so i can join ur company

Ques:- Why do you want to change the current organization
Right Answer:
I want to change my current organization to seek new challenges, grow my skills, and find opportunities that align better with my career goals and values.
Ques:- Company is failing, you have been brought in to save it, what do you do?
Right Answer:
Assess the current situation, identify key issues, engage with employees and stakeholders, streamline operations, focus on core products or services, improve cash flow, and develop a strategic plan for turnaround.
Ques:- Have you ever dealt with a situation where communications were poor? Where there was a lack of cooperation? Lack of trust? How did you handle these situations?
Right Answer:
Yes, I have encountered situations with poor communication and lack of cooperation. In such cases, I focused on facilitating open dialogue by organizing a meeting where everyone could express their concerns and ideas. I encouraged active listening and ensured that all voices were heard. To build trust, I emphasized transparency and followed up on commitments. This approach helped improve collaboration and foster a more positive working environment.
Ques:- You have been called in by an accounting firm that is experiencing declining profitability in its auditing operation. What levers would you push to help improve profitability?
Right Answer:
1. Analyze and streamline processes to reduce inefficiencies.
2. Invest in technology to automate repetitive tasks.
3. Train staff to improve skills and productivity.
4. Review pricing strategies and adjust fees if necessary.
5. Focus on high-value clients and services.
6. Enhance marketing efforts to attract new clients.
7. Monitor and control costs more effectively.
8. Implement performance metrics to track and improve productivity.
Ques:- Should a drug company build a remote call center?
Right Answer:
Yes, a drug company should consider building a remote call center to improve customer support, enhance accessibility, and reduce operational costs.
Ques:- An elevator company wants to know why their sales have fallen and with it their profits. Quantify the loss they have made. Tell me how we need to get around it.
Right Answer:
To quantify the loss, analyze sales data over the past year, comparing it to previous years to identify the percentage decrease in sales and profits. For example, if sales dropped from $1 million to $700,000, that’s a 30% decrease, leading to a proportional profit loss.

To address the issue, conduct market research to understand customer needs, improve product features, enhance marketing strategies, and explore new markets or partnerships. Additionally, gather feedback from customers and sales teams to identify specific pain points and adjust offerings accordingly.
Ques:- What role does adaptability play in problem-solving and decision-making
Right Answer:
Adaptability allows individuals to adjust their approach when faced with new information or changing circumstances, leading to more effective problem-solving and decision-making. It enables quick responses to unexpected challenges and fosters creative solutions by considering multiple perspectives.
Ques:- How do you approach adapting to new company cultures or working with diverse teams
Right Answer:
I approach adapting to new company cultures by observing and understanding the values and norms of the organization. I actively listen to my colleagues, ask questions, and seek feedback to align my work style with the team. When working with diverse teams, I embrace different perspectives, promote open communication, and foster an inclusive environment to ensure everyone feels valued and heard.
Ques:- How do you balance being flexible with staying focused on your core objectives
Right Answer:
To balance flexibility with staying focused on core objectives, I prioritize my goals and regularly review them. I remain open to new ideas and changes but ensure that any adjustments align with my main objectives. This way, I can adapt as needed while keeping my focus on what’s most important.
Ques:- How do you maintain productivity when faced with new or unfamiliar tasks
Right Answer:
I maintain productivity with new or unfamiliar tasks by breaking them down into smaller steps, prioritizing tasks, seeking clarification when needed, using available resources, and staying organized. I also set specific goals and deadlines to keep myself focused and motivated.
Ques:- What strategies do you use to stay open to feedback and improve based on it
Right Answer:
I actively seek feedback by asking for input from colleagues and supervisors, listen carefully to their suggestions, and reflect on their comments. I prioritize constructive criticism, set specific goals for improvement, and regularly check my progress. Additionally, I maintain a growth mindset, viewing feedback as an opportunity to learn and develop my skills.
Ques:- Differentiate PLC,DCS,SCADA?
Right Answer:
PLC (Programmable Logic Controller) is used for controlling machinery and processes with real-time operations. DCS (Distributed Control System) is used for controlling complex processes in large plants, providing centralized control with distributed elements. SCADA (Supervisory Control and Data Acquisition) is used for monitoring and controlling infrastructure and facility-based processes, often over large distances, providing data collection and visualization.
Ques:- How to create a plan? What is resource leveling? How time sheets are created in PWA? What is a baseline?
Right Answer:
To create a plan, define project goals, identify tasks, estimate durations, assign resources, and establish a timeline. Resource leveling is the process of adjusting the start and finish dates of tasks to balance resource allocation and avoid overloading. Timesheets in Project Web App (PWA) are created by users logging hours worked on tasks, which can then be submitted for approval. A baseline is a fixed reference point that captures the original project plan, including scope, schedule, and cost, allowing for performance comparison throughout the project.
Ques:- Tell me about your projects.
Right Answer:
In my recent project, I worked on developing a web application for managing inventory. My role involved coordinating with team members, setting deadlines, and ensuring tasks were completed on time. We used Agile methodology, which helped us adapt to changes quickly. I also facilitated meetings to discuss progress and address any challenges. The project was completed successfully, and we received positive feedback from users for its usability and efficiency.
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