What percentage of programming job interviews every went like that? They ask fizz buzz, they ask DP, they system analysis and design, and some culture fit. Maybe some people might ask this B-school type stuff but who is out there verifying deliverables of people from previous jobs?

Well you don’t see the real value of coding tasks during interview. What gets tested are your communication skills, how you think and express your thinkings. You will be working in a team so you need at least fit and work with others. You are right that no one cares about your FizzBuzz.

That's such a bizarre thing to claim when offshoring software development has historically been a huge failure. You've always needed competent technical staff with even more demanding management requirements to stand a chance.