Preview Questions Operations Manager | Role Specific Skill

Question 1: When dealing with liquidity risk, how does cash flow forecasting contribute to risk mitigation in the BFSI sector?

Which action should you take?

Choose only one option

It reduces the need for short-term borrowing by focusing solely on historical data

It increases operational risk by overestimating cash reserves without considering market volatility

It helps predict cash shortages and surpluses, allowing the organization to take corrective actions

It focuses only on inflows and ignores outflows in cash flow management

Question 2: Which of the following is the most effective risk mitigation technique to manage operational disruptions caused by natural disasters in BFSI operations?

Which action should you take?

Choose only one option

Relocating operations to a new site

Creating a detailed business continuity plan (BCP)

Decreasing overall operations and slowing down processes

Increasing insurance coverage

Question 3: In resource management, which tool is most effective in ensuring optimal resource allocation for high-priority tasks in banking operations?

Which action should you take?

Choose only one option

SWOT analysis

Resource Histogram

Critical Path Method (CPM)

Monte Carlo simulation

Question 4: In BFSI operations, what is the primary advantage of using automated compliance tools in risk mitigation?

Which action should you take?

Choose only one option

Increased risk due to over-reliance on automation

Reduced oversight and manual checks

Higher costs due to system maintenance

Improved efficiency and accuracy in detecting and managing regulatory risks

Question 5: When implementing automation in BFSI, which process area typically offers the greatest potential for efficiency gains?

Which action should you take?

Choose only one option

Marketing strategy development

Customer service through traditional call centers

New product development

Data entry and reconciliation tasks

Question 6: How do you optimize resource utilization while ensuring service delivery timelines in a BFSI operation?

Which action should you take?

Choose only one option

Focus only on reducing headcount

Allocate resources based on random selection

Maximize overtime

Use predictive analytics to forecast resource needs