60 Connect first credit union Interview Questions and Answers

Accounts Assistant/ Book Keeper Budgeting

Ques:- What is cost centre , job costing & Budget control.what is the effect of these.Explain its briefly.

Asked In :- FYERS Securities, CBRE South Asia, Offshore Accounting & Taxation Services, Protiviti Consulting, AR Rahman Foundation, CPCL, DataCore, Gram Panchayat, IMFA, Nigerian Defence Academy,

Right Answer:
A cost centre is a department or function within an organization that does not directly generate revenue but incurs costs. Job costing is a method of tracking the costs associated with a specific job or project, allowing businesses to determine profitability on a per-job basis. Budget control involves monitoring and managing expenses against a budget to ensure financial goals are met. The effect of these concepts is improved financial management, better cost tracking, and enhanced decision-making for resource allocation.

Budgeting

Ques:- How we can control all expenses and revenues.

Asked In :- FYERS Securities, Healthians, Money Honey Financial Services, Protiviti Consulting, Aparna Constructions, District Cooperative Central Bank DCCB, GFS, Itd Cementation India, MEIL, NJ India,

Right Answer:
To control all expenses and revenues, implement a budget plan, track all transactions regularly, categorize expenses, set spending limits, review financial reports frequently, and adjust the budget as needed based on actual performance.

Budgeting Financial Accountant

Ques:- What is the process of budgeting and explain the importance of it?

Asked In :- Panacea Medical Technologies, AR Rahman Foundation, DIC India, FIN Infocom, GACL, Himatsingka Seide, India Cements, KFCSC, Mother Dairy, MoveiT Infra Services,

Right Answer:
The process of budgeting involves setting financial goals, estimating revenues and expenses, creating a budget plan, monitoring actual performance against the budget, and making adjustments as necessary. The importance of budgeting lies in its ability to help organizations allocate resources effectively, control spending, plan for future financial needs, and make informed decisions to achieve financial stability and growth.

Administration Budgeting Computer Basics Computer Hardware SAP

Ques:- 10 women can complete a work in 7 days and 10 children take 14 days to complete the work. How many days will 5 women and 10 children take to complete the work?

Asked In :- FYERS Securities, Money Honey Financial Services, Anand Rathi, Bapco Bahrain Petroleum Company, Bengal Energy, DIC India, GFS, Home Affairs, India Cements, Jai Balaji,

Right Answer:
5 days.

Budgeting Finance Manager

Ques:- What is Budget?

Asked In :- FYERS Securities, HBL POWER SYSTEMS LIMITED, Norfolk Southern Corp, Anand Rathi, Aparna Constructions, Bengal Energy, District Cooperative Central Bank DCCB, Jai Balaji, Mother Dairy, NJ India,

Right Answer:
A budget is a financial plan that outlines expected income and expenses over a specific period, helping to manage resources and achieve financial goals.

Customer Service Executive/ Officer Relationship Mgmt

Ques:- What I think about Marketing

Asked In :- Softcell Technologies, CommScope Inc, Befree, CSG Systems, Bajaj Allianz, Bitla, Duke Energy, Home Guard, LT Foods, National University of Modern Languages (NUML),

Right Answer:
Marketing is about understanding customer needs and effectively communicating the value of a product or service to meet those needs. It involves building relationships, creating awareness, and driving engagement to ultimately encourage purchases and loyalty.

Customer Service Executive/ Officer Relationship Mgmt

Ques:- What different approach would you take in making a Sale?

Asked In :- People Gamut HR Solutions, GNH Solutions, NICE inContact, Norfolk Southern Corp, Befree, Aliens Group, Ask Agro Chemicals, bKash, CWT, DIC India,

Right Answer:
I would focus on understanding the customer's needs, building a rapport, providing tailored solutions, and following up to ensure satisfaction.

Customer Service Executive/ Officer Personal Questions round

Ques:- What is your qualification. What is your experience?

Asked In :- Head Field Solutions, Softcell Technologies, Panacea Medical Technologies, Gallagher Service Center LLP, Cross Country Infotech, Agro Tech, Anand Rathi, Atlas Honda, City Pride School, Haldiram,

Right Answer:
I have a [Your Degree] in [Your Field] from [Your University], and I have [X years] of experience in customer service roles, where I have developed strong communication and problem-solving skills.

Customer Service Executive/ Officer Personal Questions round

Ques:- How long you will stay in our company?

Asked In :- Solitaire Infosys, Amtech Electronics India, ELEVATE SERVICES INDIA, HealthTech India, GNH Solutions, Black and White Business Solutions, CrimsonLogic India, Norfolk Southern Corp, LibSys, TBO Group,

Right Answer:
I plan to stay with the company as long as I can contribute positively and grow professionally.

Customer Service Executive/ Officer

Ques:- What are the skills required for this profile?

Asked In :- Amtech Electronics India, MAHINDRA HOLIDAYS AND RESORTS INDIA LIMITED, Damco Solutions, CONDUENT BUSINESS SERVICES INDIA LLP, On Demand Agility Software, GNH Solutions, Everi India, Health Asyst, CBRE Group, Polestar Solutions & Services India LLP,

Right Answer:
The skills required for a Customer Service Executive/Officer include strong communication skills, problem-solving abilities, empathy, patience, active listening, time management, and proficiency in using customer service software.

Aptitude Crm Analyst Erp

Ques:- How many numbers greater than 5000 can be formed with four of the digits 3, 4, 5, 6, 7 where no digit can be repeated

Asked In :- CaratLane, Anand Rathi, Ferns N Petals, Zopper, Gore Mutual, Emapta Versatile Services, Accelerize 360, FinancePeer, Brand Mania Marketing Services, advance auto parts,

Right Answer:
There are 36 numbers greater than 5000 that can be formed with the digits 3, 4, 5, 6, 7 without repeating any digit.

Comments

Admin Sep 29, 2022

When none of the digits are repeated:

The hundred’s place can be filled by any of the digits: 2, 3, 5, 6, 7 or 8 except the one which has already been used at the thousand’s place, so it can be filled in 5 ways.

Similarly tens’ place can be filled in 4 ways: only those 4 numbers which have not been use either at hundred’s or thousand’s place.
Unit’s place can be filled in only 3 ways. So, total number of nos. Possible =4×5×4×3= 240

Aptitude Crm Support Engineer Erp

Ques:- A person meets a train at a railway station coming daily at a particular time. One day he is late by 25 minutes, and he meets the train 5 k.m. before the station. If his speed is 12 kmph, what is the speed of the train.

Asked In :- Atlantis The Palm, Dubai, home credit, bdl, connect first credit union, cogneesol, funding societies, onemain financial,

Right Answer:
The speed of the train is 60 kmph.

Comments

DK BOSS Jul 30, 2021

Ans: 60 kph

Suppose Person meets the train everyday at 3 PM at Station A.

His speed is 12kph.

So normally he reaches 5 km before the meeting point (pt B) at (5/12 hr = 25 min before) 2:35PM.

But if he is late by 30 min, then he will reach that point (pt B) by 3:05 PM.

Train is traveling at its normal speed so it covers the distance of 5 Km in 5 min starting from Station A and reaches the meeting point (pt B) at 3:05 PM.

So speed of the train is 5KM/5min = 60 kph.

Aptitude Crm Functional Consultant Erp

Ques:- Which is better to grow plants in Rock sand or soil?

Asked In :- Apttus Software, Absyz Software Consulting, SureWaves, Edgars Stores, Javelin, pru life uk, sharaf dg, vee technologies, smyths toys superstores, qualfon philippines, inc.,

Right Answer:
Soil is better to grow plants than rock sand.

CRM Software Developer/ Programmer

Ques:- What is CRM Software?

Asked In :- SiliConch Systems, Airdit Software, webhelp, j.d. power, xactly corp, capita india, bond brand loyalty, epsilon net, connect first credit union, themathcompany,

Right Answer:
CRM software, or Customer Relationship Management software, is a tool that helps businesses manage interactions with current and potential customers. It organizes customer data, tracks sales, and improves communication to enhance customer relationships and drive sales growth.

Aptitude Crm Technical Consultant Erp

Ques:- At present what is the percentage of Cash Reserve Ratio (CRR) ?

Asked In :- Commerzbank, Vervoe, MCaffeine, aer lingus, miq, hansa cequity, connect first credit union, systango, octopus energy, bankserv,

Right Answer:
As of October 2023, the Cash Reserve Ratio (CRR) is 4.5%.

Data Analytics

Ques:- What is the difference between correlation and causation

Asked In :- Unyscape Infocom Pvt. Ltd., Vinove Software & Services Pvt Ltd, AnAr Solutions, STIC SOFT E-SOLUTIONS, Toxsl Technologies, Chegg India, Aranca (Mumbai), iROID Technologies, TNQ Technologies, MatchMove India,

Right Answer:
Correlation is a statistical measure that indicates the extent to which two variables fluctuate together, while causation implies that one variable directly affects or causes a change in another variable.

Data Analytics

Ques:- What is classification analysis and how does it work

Asked In :- Unyscape Infocom Pvt. Ltd., Xoriant Solutions Pvt Ltd, Fluid AI, Queppelin Technology Solutions, MattsenKumar Services, Protege Solutions, STIC SOFT E-SOLUTIONS, Toxsl Technologies, TNQ Technologies, Oodles Technologies,

Right Answer:
Classification analysis is a data analysis technique used to categorize data into predefined classes or groups. It works by using algorithms to learn from a training dataset, where the outcomes are known, and then applying this learned model to classify new, unseen data based on its features. Common algorithms include decision trees, logistic regression, and support vector machines.

Data Analytics

Ques:- What is the purpose of feature engineering in data analysis

Asked In :- KRIOS Info Solutions, WSNE Consulting, AnAr Solutions, Queppelin Technology Solutions, Rock Solid Solutions, Ziffity Solutions, Aranca (Mumbai), Solace Infotech, Born Commerce, GOQii Technologies,

Right Answer:
The purpose of feature engineering in data analysis is to create, modify, or select variables (features) that improve the performance of machine learning models by making the data more relevant and informative for the analysis.

Data Analytics

Ques:- What are the different types of data analysis

Asked In :- Unyscape Infocom Pvt. Ltd., Vinove Software & Services Pvt Ltd, Medvarsity Online, Hidden Brains InfoTech, WSNE Consulting, Ziffity Solutions, Indocosmo Systems, Born Commerce, Namecheap Web Services, Infinity Labs LLP,

Right Answer:
The different types of data analysis are:

1. Descriptive Analysis
2. Diagnostic Analysis
3. Predictive Analysis
4. Prescriptive Analysis
5. Exploratory Analysis

Data Analytics

Ques:- What is data analysis and why is it important

Asked In :- Unyscape Infocom Pvt. Ltd., WSNE Consulting, AnAr Solutions, Netaxis IT Solutions (p), Rock Solid Solutions, Ziffity Solutions, Chegg India, Aranca (Mumbai), Indocosmo Systems, Fortunesoft IT Innovations,

Right Answer:
Data analysis is the process of inspecting, cleaning, and modeling data to discover useful information, draw conclusions, and support decision-making. It is important because it helps organizations make informed decisions, identify trends, improve efficiency, and solve problems based on data-driven insights.

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