Date:08/03/2017
Venue: IOB Chennai
Panel 1
My name is Ramkumar. I am from Chennai
My document verfication was over by 12.30,and i was asked to get in for the interview at 12.45.The interview lasted for 10 minutes.
I entered in and wished good afternoon for the women member first subsequently for the other male members(there where 6 panel members)
M3 : Ok tell me about yourself
me: told my name,native and my graduation then i m a friendly easygoing person,i am an extrovert and also an teetotaler.also like to ride bike and travel.
m5: you are a teetotaler by conviction or compulsion?
me: by conviction sir
m5;because once u start to earn your decision changes
me: i already earn sir,having working experience
m3;(checks into my profile)you had worked for two companies.your graduation
me;bcom ca sir
m5:kotal life insurace ,i think they would have sucked your blood.
me:smiled.and said not like that sir
m3: your next company looks very good profile.
me: yes sir,they are into wealth management
m1: why did u leave
me:for preparing bank exam sir
m1: for 24/7 you were preparing for this exam
me:(little tensed) no sir,just morning to evening
m3: what are all the products you where dealing with your previous company
me; mutual funds,insurance,fd and almost all financial product
m1:what was your salary there
me:22k per month
now started into technical subject
m5;imagine you encounter a customer who is looking for a loan,how will you look into his balance sheet.
me; i will look whether the asset side shows a good balance
m5:what will you see in it
me: i wil look whether the cash in hand ,cash at bank are good.also can look for land and bulding and tax submissions.
m3;what is the way to check about the tax submissions
me:ITR file we can check sir.
m2:good,how many years they see a firms IT submissions
me: 3 years sir
m3;yes
m4:what is the purpose of balancesheet
me;for looking a firms finacial position
m6;what is depreciation
me:an asset getting reduced its value over a period of time for its regualr usage
m5;i have a bulding.will get depreciated
me:no sir ,a bulding attached to land will always gets appreciated
m6;so in balance sheet how will you show the land and building statement.will you show depreciation or appreciation
me:(little consfued) i will show the appreciated value.
m5; ok .but how will you show it.
me; silent for a while,they themselves came up with a solution.
m5:if we minus asset and liabilities, what do we call that?
me:i didnt answer for this, was silent for a while
m5; repeats the same question
me;we call it as profit
m5; profit is ok.there is a name for it what is that?
me:sir,current liabilities minus current asset is called working capital (and starts to think about the answer for the question he asked)
m5;yes correct,but whats the answer for it,
m5:whats is current asset /current liabilities
me;current ratio.(all start to nod their head)
m5;exactly,whats the purpose to do that
me;to see the liquidity of a firm or individual sir
m5;exactly that is what called here also,asset minus liability is networth
me:ok sir
when they try to wind up m2 came up with a question what are methods of depreciation
me;diminishing balance method (i remembered only one)
m1; straight line method(tries to help me)
me: yes sir(repeated this 2 answers)
m1;still tells about few method
me;sorry sir i remember only these 2 method
They said thank you all the best
me; thank you each and every one of you.
they grinded me well into my work experience and also into my accademic streame.no questions where from marketing.
Share your NIACL AO and RBI Assistant Success story at contact@bankersadda.com
The Hindu Review October 2022: Download ...
NABARD Office Attendant Previous Year Pa...
NICL Assistant Exam Date 2024 Out For 50...
