Election Day- Use Code DEMOCRACY24

Register Now

New India Assurance Company Limited – Finance Interview

Published on Wednesday, March 04, 2015
Mumbai – 27th February, 2015
Interview at around 2 p.m.

There were 5 panel member, 4 male and 1 female.

Questions asked:

1. What is BRS?

Bank Reconciliation Statement – what it is – and named four items.

2. 5 Accounting Standards applicable to Insurance companies?

I answered to the best of my knowledge! AS -3, 9, 10, 11, and 15. But I got confused when they asked what is AS – 11, as instead of AS numbers I’d told them the name of the AS.

3. The CMD of New India Assurance?

This I answered and was really glad I’d remembered the name! G. Shrinivasan.

4. Who appoints the Auditors of New India Assurance?

This is was able to answer too – the CAG.

5. Who is Kiran Bedi?

I thought this was a trick question! Like there must be a difficult follow up question! But I answered who she is and that was it!

That took care of the technical question – in hindsight there were not much Finance related questions asked – maybe they would have asked more if I’d not run afoul in the GK questions.

I was asked about my native place West Bengal … and Bengali Nobel Laureates and PM of Bangladesh! – in short is kept on saying sorry and that I wasn’t sure of the answer!

Really embarrassing! 


That was it – interview wasn’t too long – but the waiting took hours.

The panel was very good and encouraging – if I was getting stuck they would help with the answers!

Experience was good – but keeping in mind the number of vacancy in general and the quality of the competition – I’m praying real hard!!


For those who are yet to appear for the interviews – brush up on the basics and home/native place, interview place’s knowledge must.

Plus some of the other candidates were randomly asked about the current scenario in Uganda, Syria etc. – so that open up the field on current affairs a little bit more!


For candidates who are non-commerce, you will be asked why insurance sector – specially if you got placed through campus placements and are now leaving that job.

Also they ask about one’s comfort with all India posting.

Also – do not lie – it shows on the face and the timbre of the voice – they know when you’re bluffing and will catch you at it with cross questioning!


Be confident. Be knowledgeable.

All the very best!



ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu