Interview Questions

In ‘Bill Purchase’ the loan will be created for the full value of the draft and the interest will be recovered when the actual payment comes. For example, a ‘Sight draft’ is presented for which the loan is created for 100% of the draft value. The money is received after 7 days, and then the interest will be recovered for 7 days along with the principal amount.

Risk Management :

A decision-making process for identifying hazards and controlling risks both on-duty and off-duty is called a Risk Management (RM).

Hence, Off-duty risk decisions are the responsibility of individual Soldiers.

Federal Bank has obtained RBI approval to open representative offices at Kuwait and Singapore.

The bank has been the preferred banker for NRI's and the NRI friendly measures have resulted in increasing inflow of foreign remittances.

The bank already has its representative offices in Abu Dhabi and Dubai and it has tied up with 110+ overseas banks/remittance partners.

REORG reorganizes data on physical storage to reclutser rows, positioning overflowed rows in their proper sequence, to reclaim space, to restore free space. It is used after heavy updates, inserts and delete activity and after segments of a segmented tablespace have become fragmented.

The interviewer wants to know that you don't just jump into a solution without knowing the problem in detail. You want to study the problem by determining the cause of the problem, what the problem is, and what the possible solutions are. You then decide on a solution.

Following steps for problem-solving and decision-making can be very helpful.

- Define the problem to be solved and decision to be made.
- Gather the necessary information.
- List all possible choices.
- Consider possible outcomes for each choice.
- Check out how you feel about each of the choices.
- Relate the choices to your values and priorities.
- From the possible alternatives, choose one.
- Commit yourself to your chosen decision and disregard the others. Concentrate your energies   in one direction. Once we made our decision, we must focus all our work on that itself.
- Take steps to turn your decision into positive action.
- Evaluate your progress from time to time. Change your decision if necessary.

Disinvestment is the action of an organization or government selling or liquidating an asset or subsidiary.

A credit may signify a decrease in an asset account or an increase in a liability or capital stock account. 

A debit may signify an increase in an asset account.