Find Interview Questions for Nib bank

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I keep my skills up to date by regularly attending workshops and webinars, following industry news and trends, taking online courses, and participating in professional networks and forums.

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I manage stress or frustration by taking a moment to pause and assess the situation. I prioritize tasks, break them down into smaller steps, and focus on what I can control. I also communicate with my team to share concerns and seek support, and I practice stress-relief techniques like deep breathing or short breaks to maintain my focus and productivity.

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I prioritize tasks based on urgency and importance, maintain clear communication with my team and stakeholders, and stay flexible by adjusting my plans as needed. I also set personal milestones to track progress and ensure quality remains high despite changes.

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In my previous job, I worked with a colleague who preferred detailed written communication over verbal discussions. To adapt, I started sending more comprehensive emails and reports, ensuring I included all necessary information. This change helped us collaborate more effectively and improved our project outcomes.

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I encourage adaptability in my team by fostering open communication, promoting a growth mindset, providing training opportunities, and involving team members in decision-making. I also celebrate flexibility and resilience when facing challenges, ensuring everyone feels supported and empowered to adjust to new directions.

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The question is too vague to provide a specific answer. Please clarify what "it" refers to.

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To handle a problematic situation, first assess the issue to understand its root cause. Then, communicate clearly with all stakeholders involved. Develop a plan to address the problem, implement the solution, and monitor the results. Finally, document the process and learn from the experience to prevent future occurrences.

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Project management is the process of planning, executing, and overseeing a project to achieve specific goals within a defined timeline and budget. It involves coordinating resources, managing risks, and ensuring effective communication among stakeholders to deliver successful outcomes.

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Time and material contracts are agreements where a client pays for the actual time spent by the contractor's employees and the materials used in the project, rather than a fixed price.

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Yes, a good budget can lead to electoral gains for the party in power by demonstrating effective governance and addressing public needs, while a poorly received budget can negatively impact their chances in elections.

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In recent years, Indian companies have increasingly accepted Corporate Social Responsibility (CSR) as a vital part of their business strategy. This shift is largely due to the Companies Act of 2013, which mandates that companies meeting certain criteria allocate at least 2% of their average net profits towards CSR activities.

Present practices include:

1. **Community Development**: Many companies engage in initiatives focused on education, healthcare, and rural development.
2. **Environmental Sustainability**: Firms are investing in green technologies and practices to reduce their carbon footprint.
3. **Employee Engagement**: Companies encourage employees to participate in volunteer programs and community service.
4. **Transparency and Reporting**: Businesses are increasingly publishing CSR reports to disclose their activities and impact, enhancing accountability.

Overall, CSR has become an integral part of corporate strategy for many Indian companies, reflecting a commitment to social and environmental responsibilities.

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An excise return is a document filed by businesses to report the amount of excise tax owed on goods produced or imported, typically related to specific products like alcohol, tobacco, or fuel. A sales tax return is a report submitted by sellers to the tax authorities detailing the sales made during a specific period and the sales tax collected from customers, which must be remitted to the government.

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The Income Tax Act provides provisions for tax rebates, which are reductions in the amount of tax owed. One common rebate is under Section 87A, where individuals with a taxable income up to a specified limit can receive a rebate of up to ₹12,500, effectively reducing their tax liability to zero if their income is within that threshold.

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The full form of SOX is Sarbanes-Oxley Act.

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PBG stands for Performance Bank Guarantee, and ABG stands for Advance Bank Guarantee. Both are financial instruments used in contracts to ensure that the supplier fulfills their obligations. PBG guarantees the performance of the contract, while ABG secures the advance payment made to the supplier.

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Bonus shares are additional shares given to existing shareholders for free, based on the number of shares they already own. The advantages for the company include improving liquidity in the market, enhancing shareholder satisfaction, and signaling financial strength without affecting cash reserves.

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Return on Assets (ROA) is a financial metric that shows how efficiently a company uses its assets to generate profit. It is calculated by dividing net income by total assets. A higher ROA indicates better asset utilization and profitability.

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Float in receivables management refers to the time it takes for a payment to be processed and reflected in the company's accounts after it has been received. It includes the period from when a customer sends a payment until the funds are available for use by the company.

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Over-investment in inventory can lead to increased holding costs, reduced cash flow, and potential obsolescence of products. Under-investment in inventory can result in stockouts, lost sales, and decreased customer satisfaction.

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The money market is a sector of the financial market where short-term borrowing and lending of funds occur, typically involving instruments with maturities of one year or less, such as Treasury bills, commercial paper, and certificates of deposit.