Analyst Questions


Q:

The first step in the human resource planning process is

A) Assessing future demand B) Assessing future supply
C) Preparing a job analysis D) Forecasting future human resource needs
 
Answer & Explanation Answer: D) Forecasting future human resource needs

Explanation:

The first step in the human resource planning process is Forecasting future human resource needs.

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Filed Under: Human Resources
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What is the most important factor in improving reading skills?

Answer

Reading is one of the main methods we use to acquire data and information in the contemporary world. In order to read a text, a person should have a basic understanding of how sounds are represented alphabetically. For doing this, a goal could be something like finding the main idea about a reading topic or locating the supporting details for that topic.


To improve your reading skills, you need to be aware of these three important areas of reading improvement:


1. Understanding adaptability.


2. Increasing reading comprehension.


3. Increasing reading rate.


 


Understanding adaptability and Increasing reading comprehension are the most important factors in improving reading skills.

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Q:

Managerial accounting information is generally prepared for

A) creditors B) regulatory agencies
C) shareholders D) managers
 
Answer & Explanation Answer: D) managers

Explanation:

Managerial accounting information is generally prepared for managers of an organization. It is also known as cost accounting, is the process of identifying, measuring, analyzing, interpreting, and communicating information to managers for the pursuit of an organization's goals. 

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Filed Under: Accounting and Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which ideas or initiatives you've led and what was the outcome?

Answer

In your answer, you need to show not only that you are capable of coming up with good ideas, but also that you can persuade other people to give you a chance to put them into action. Describe your most unique idea and initiative that gave the best results for the company. Make sure you highlight your creativity, your results, your diligence and your ability to execute.

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Q:

A profit maximizing firm will

A) Use less of an input B) Operates where marginal revenue equals marginal cost.
C) Increase in production D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

A firm maximizes profit by operating where marginal revenue equals marginal cost. They use less of an input in producing more products to increse their profits.

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Filed Under: Manufacturing
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Why should I hire you?

Answer

This is a very Common Interview Questions in all interview we all face.


 


Purpose of this question ::


When an interviewer asks you, "Why should we hire you?" she is really asking, "What makes you the best fit for this position?" 


 


How To Approach the Answer ::


 


Here you can find the Simple and Best Answer for "Why should we hire you?"


 


1. Keep It Concise


 


You want your answer to be brief - no more than a minute or two long.


 



2. Focus on Your Uniqueness


 


The interviewer wants to know how you stand out among the other applicants.


 


Therefore, focus on one or two qualities you possess that are different from what other interviewees might offer, or are more difficult to find in candidates generally.


 


3. Mention Any Experience You Have ::


 


The primary focus of your answer should be to match your qualifications, certifications, experience and skills with their job needs. Mention key strengths and give examples that connect with the company and the job requirements.


 


For Example ::


 


" I think and believe that my experience and familiarity with the industry and my ability to work autonomously make me best suitable for this position."

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Q:

What do you do to improve your knowledge?

Answer

When an interviewer asks "What do you do to improve your knowledge", because it reflects the major thought process of a person and the way a person gains knowledge and the level to which one is accustomed to the current happenings in the world.


In my sense knowledge is not very much obtained through books or any websites. We can give some exercise to the brain so that we can gain knowledge.


It is essential to update oneself in order to cope up with this competitive world. First of all you should keep yourself updated with the new technological developments so that if the interviewer asks something concerning the current affairs, you can answer them.You can say that you visit various forums, blogs to keep yourself updated and improve your knowledge. It will be helpful if you have experience of such forums or blogs from before so that you can create a better impression in the minds of the interviewers.


It is said that interacting with people of different ages, different communities and different education levels a person can fetch huge knowledge.

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Q:

What is cash budget ?

Answer

Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.

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Subject: Accounting and Finance Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

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