ICICI Bank Ltd Interview Questions And Answers

Be honest here but you don’t need to lay it all out either, for example if you and your boss didn’t get along. Don’t bash your former employer. It could be the culture, it could be there was little room for career progression, you didn’t agree with the vision of the company say what it is, then move quickly to focusing on what you want instead.

This is similar to the tell us about your weaknesses question. You can’t say you have none, and you can’t say something fake like I work too hard. You need to be honest here with parameters: Prepare your answer so it comes across in a positive, productive way and not as bashing your former employer. Choose things that are about the job itself preferably, not your terrible boss, so you’re focusing on things that don’t come across as talking badly about people, which isn’t necessary or helpful. Things like the lack of structure or process is an example of something you could say. Or the lack of direction for your department.

Mostly it is the first question ask by interviewer and candidate must answer it in limited words and cover the main things like family background, education, job experience (if any), skills, etc.

9 hrs is the working hrs but one has to stretch accordingly due to high volume.

Cashiers typically work independently, but working within a team is a key part of the job; you will work closely with stockers, floor managers and others. As you respond, stress that you can work independently and can thrive on your own, but that you appreciate the support and expertise a team can give you.

All the above
Explanation:
Subsequent to the issue of guidelines in January 1993 for the entry of new private sector banks, the RBI granted approval for the setting up of 13 new privately owned domestic banks.

A key part of a cashier's job is handling money, so trustworthiness and integrity are important. In your answer, highlight your experience managing money, your past employers' feedback on your honesty and your accuracy in managing the cash drawer.

General Insurance Business (Nationalisation) Act, 1972
Explanation:
The entire general insurance business in India was nationalised by the Government of India through the General Insurance Business (Nationalisation) Act of 1972.

E-Banking
Explanation:
E-banking enable financial institution customers, individuals or businesses, to access accounts, transact business, or obtain information on financial products and services.

Pure Banking Nothing Else
Explanation:
Government of India owned the Imperial Bank of India in 1955 and renamed it the State Bank of India.

State Bank of India
Explanation:
It is a government-owned corporation with its headquarters in Mumbai.

Wealth Tax
Explanation:
Wealth tax has been replaced with a 2% cess on super rich individuals. When tax is applied to a particular purpose, it is called CESS.

d) Standard Chartered Bank

Standard Chartered Bank have been operating in India since 1858.

a) HSBC

Hongkong and Shanghai Banking Corporation introduced ATM in 1987.

You should never pretend you don’t have any nor come up with a list like “I work too much.” Come up with a real weakness, like prioritization, time management perhaps – something that is real but also wouldn’t jeopardized your ability to do the job and focus on what you do about it. I’m working on improving my time management for example, I use an online calendar and schedule my tasks inside that calendar and plan my week each Monday estimating time needed for each task and project.

Keep in mind they are not asking about you personally but you as a professional or business person. This is the time to name your strengths in a narrative way. “I am best known for my innovative and strategic approach to complex problems.” Then tell them how you came to this skillset by talking about your work experience and education. Always start with the present and work backwards.

Two minutes into the answer ask “shall I continue?” You do not want to eat up all of your interview time and lose the person’s attention with a long-winded answer. Only at the end can you add something personally by saying “in my off hours I enjoy running and I coach a kids’ track team.” Makes you human.

I left the bank to pursue my higher studies, which was not possible during the tenure.

For this ask, paint a vivid description of the situation so the hiring manager understands what happened and what actions you took. Highlight where you went above and beyond the standard response of a cashier and focus on the customer's response.

2 year
Explanation:
GAAR are framed to minimize tax avoidance, for example by siphoning off profits to tax havens. GAAR could be termed as a general set of rules enacted to limit tax avoidance. It was proposed by the Union Budget 2012-13. The finance bill 2012 introduced chapter X-A to the income Tax Act-1961. Tax avoidance rule GAAR was proposed to be effective from April 2015 for those claiming tax benefits of over Rs 3 crore but the present Finance Minister Arun Jaitley deferred the roll out of the GAAR by two years to April 1, 2017.

Liquidity in economy
Explanation:
Outright purchase and Repurchase agreement are the two traditional type of OMO's used by RBI.

POS
Explanation:
At the Point of Sale (POS), the retailer would calculate the amount owed by the customer and provide options for the customer to make payment.

Paper gold
Explanation:
It is an accounting entry. It is used only among governments and IMF for balance of payment settlements.

Basel III norms
Explanation:
Basel III or the Third Basel Accord is a global, voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity risk.

Central Bank of India
Explanation:
Central Bank was the first public bank to introduce credit card in India.

Income Tax Act
Explanation:
The government has decided to accord special status to Yoga by categorizing its promotion as a charitable activity. The institutions which, as part of genuine charitable activities, undertake activities like publishing books or holding programme on yoga or other programs as part of actual carrying out of the objects which are of charitable nature are being put to hardship due to first and second provision to section 2(15).