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1. Ensure transparency.
2. Identify the potential candidate.
3. Assess knowledge, skills and attitude.
Sir
I think the main purpose is to let the team members assess whether the newcomer can adapt himself with the team. This is a practice started in japan where existing team members go with the prospective emploee to a resturant for a chit chat. But it is a make or break for the candidate.
The purpose of an interview is to allow a hiring team members to evaluate the qualities of an applicant in a personal setting.