60 Trade Finance Solutions Interview Questions and Answers

Account Payble

Ques:- Account Payable

Asked In :- PRAN-RFL, Funding Circle, easyfinancial, Trade Finance Solutions, avbob, jane street, pwc malta,

Right Answer:
Accounts Payable refers to the money a company owes to its suppliers for goods and services received but not yet paid for. It is recorded as a liability on the balance sheet and is typically settled through cash payments.

Accounts Assistant/ Book Keeper Tax Assessment

Ques:- I'm collecting TDS Certificate from one of our Customer for Ass. Year 2002-03 today and request IT Dept. to allow this as part of rebate to me, will they allow?? What IT Act says on this.

Asked In :- CBRE South Asia, London Stock Exchange Group, Genworth, Bega Cheese, Meezan Bank, Trade Finance Solutions, ocwen financial solutions, albourne partners, gat, ccil,

Right Answer:
No, the IT Department will not allow the TDS certificate for the assessment year 2002-03 as part of a rebate today, as there is a time limit for claiming TDS credits, typically within the relevant assessment year. The Income Tax Act specifies that claims must be made within the prescribed time frame.

Accountant/ Accounts Executive Accounting Standard

Ques:- What are the 3 golden rules of accounting?

Asked In :- Netwealth Investments, Trade Finance Solutions, carvana, rockefeller capital management,

Right Answer:
The three golden rules of accounting are:

1. **Debit the receiver, credit the giver** - For personal accounts.
2. **Debit what comes in, credit what goes out** - For real accounts.
3. **Debit all expenses and losses, credit all incomes and gains** - For nominal accounts.

Accountant/ Accounts Executive Income Tax Returns

Ques:- How much of rupees income tax in assets?

Asked In :- Ministry of Corporate Affairs, Trade Finance Solutions, reynolds & reynolds inc.,

Right Answer:
The income tax on assets in India is generally calculated based on the income generated from those assets, not the assets' value itself. The applicable tax rate depends on the individual's total income and the relevant tax slabs.

Accountant/ Accounts Executive Cost Accounting

Ques:- Will you save me money?

Asked In :- CPCL, Excise Department, NJ India, FinEdge, Bharat Benz, Trade Finance Solutions, amerisourcebergen, kpmg singapore, aequs, kra(kenya revenue authority),

Right Answer:
Yes, I can help save money by analyzing costs, identifying inefficiencies, and implementing budget controls to optimize spending.

Aptitude Financial Analyst

Ques:- A father said to his son, “I was as old as you are at present at the time of your birth.” If the father’s age is 38 years now, the son’s age five years back was?

Asked In :- Polestar Solutions & Services India LLP, Chambal Fertilisers, GSFC, Bajaj Allianz General Insurance Co, Mansukh Securities & Finance, Sage Intacct, Zydus Wellness, Redcliffe Life Sciences, ESOP Direct, Hargreaves Lansdown,

Right Answer:
The son's age five years back was 19 years.

Comments

George Jun 10, 2021

38 / 2 = 19 - 5 = 14 years old

Aptitude Financial Analyst

Ques:- Four couples sit around a circular table in a party. Every husband sits to the right of his wife. P, Q, R and S are husbands and T, U, V and W are wives. Q – U and R – V are two married couples. S does not sit next to V. T sits to the left of P, who sits opposite S. If P interchange his place with the person who sits opposite to R disregarding the condition that husband and wife sit together, then who sits to the right of U?

Asked In :- Polestar Solutions & Services India LLP, Bapco Bahrain Petroleum Company, KAS, Niper, Motilal Oswal Securities, FinEdge, Infinx Healthcare, IFC, Ebury Partners, Wolseley UK,

Right Answer:
T sits to the right of U.

Aptitude Financial Analyst

Ques:- A man can row his boat with the stream at 6 km/h and against the stream in 4 km/h. The man’s rate is?

Asked In :- Bangladesh Securities and Exchange Commission BSEC, BPSC, CPCL, Exim Bank, First American Corporation, GACL, KAS, NBP National Bank of Pakistan, Gallagher Offshore, KALKINE,

Right Answer:
The man's rate is 5 km/h.

Aptitude Financial Analyst

Ques:- Two trains 140 m and 160 m long run at the speed of 60 km/hr and 40 km/hr respectively in opposite directions on parallel tracks. The time which they take to cross each other is?

Asked In :- Protiviti Consulting, DataCore, District Cooperative Central Bank DCCB, Crawford and Company, Commonwealth Bank of Australia, Geojit, Infinx Healthcare, IFC, Accelya, escalon,

Right Answer:
The time taken for the trains to cross each other is 12 seconds.

Aptitude Financial Analyst

Ques:- 343 : 729 :: 125 : __

Asked In :- VALUEWING CONSULTANCY SERVICES (P), CONDUENT BUSINESS SERVICES INDIA LLP, GSFC, IDP Education, Bhavna, DCM Shriram, FCI CCM, Ebury Partners, RWE Supply & Trading, SGV & Co,

Right Answer:
343 : 729 :: 125 : 216

Comments

Sunil Kumar Aug 14, 2022

343 : 729 :: 125 : ?
7^3 : 9^3 :: 5^3:7^3

Business Analysis Product Manager

Ques:- What is the difference between brd, srs and use of case documents?

Asked In :- Hidden Brains InfoTech, MattsenKumar Services, Protege Solutions, FIS Global Business Solutions India, TRICON INFOTECH PVT, Webvillee Technology, Energytech Global, COEPD, Tredence Analytics Solutions, Noesys Consulting,

Right Answer:
BRD (Business Requirements Document) outlines the high-level business needs and objectives. SRS (Software Requirements Specification) details the functional and non-functional requirements for the software. Use Case documents describe specific interactions between users and the system to achieve particular goals.

Business Analysis Business Analyst

Ques:- How to depict dependency in Ms Project?

Asked In :- TRICON INFOTECH PVT, SmartData Enterprises, Happiest Minds Technologies Pvt., Elsner Technologies, Promact Infotech, scandid, Triassic Solutions, Target Integration, IRIS KPO RESOURCING INDIA PVT, sciative,

Right Answer:
To depict dependency in MS Project, you can link tasks by selecting the tasks you want to connect, then clicking on the "Link Tasks" button in the toolbar or using the shortcut Ctrl + F2. This creates a finish-to-start dependency by default. You can also adjust the type of dependency (finish-to-start, start-to-start, finish-to-finish, or start-to-finish) by double-clicking on the task and modifying the "Predecessors" tab.

Business Analysis Business Analyst

Ques:- What are the fields used for Project Planning in Ms Project?

Asked In :- Hidden Brains InfoTech, MattsenKumar Services, FIS Global Business Solutions India, SPARX IT SOLUTIONS, Ray Business Technologies, Elsner Technologies, Noesys Consulting, Target Integration, Evolvus Solutions, sciative,

Right Answer:
The fields used for Project Planning in MS Project include:

1. Task Name
2. Duration
3. Start Date
4. Finish Date
5. Predecessors
6. Resources
7. Percent Complete
8. Work
9. Cost
10. Milestones

Business Analysis Financial Analyst

Ques:- WHAT IS WORKING CAPITAL

Asked In :- Protege Solutions, SPARX IT SOLUTIONS, Adnate IT Solutions, COEPD, Elsner Technologies, Unica Solutions, Target Integration, Valethi, 9series Solutions, Travanleo Info Solutions India,

Right Answer:
Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

Business Analysis

Ques:- Ent analysis or textual analysis is a methodology in the social sciences for studying the content of communication. Earl Babbie defines it as “the stu

Asked In :- Hidden Brains InfoTech, AnAr Solutions, Protege Solutions, FIS Global Business Solutions India, Ray Business Technologies, Elsner Technologies, Unica Solutions, Target Integration, Travanleo Info Solutions India, Evolvus Solutions,

Right Answer:
Content analysis is a research method used to systematically analyze communication content, such as texts, speeches, or media, to identify patterns, themes, and meanings.

Data Analytics

Ques:- What is the difference between correlation and causation

Asked In :- Unyscape Infocom Pvt. Ltd., Vinove Software & Services Pvt Ltd, AnAr Solutions, STIC SOFT E-SOLUTIONS, Toxsl Technologies, Chegg India, Aranca (Mumbai), iROID Technologies, TNQ Technologies, MatchMove India,

Right Answer:
Correlation is a statistical measure that indicates the extent to which two variables fluctuate together, while causation implies that one variable directly affects or causes a change in another variable.

Data Analytics

Ques:- What are descriptive and inferential statistics

Asked In :- Vinove Software & Services Pvt Ltd, KRIOS Info Solutions, Shipco IT, STIC SOFT E-SOLUTIONS, Toxsl Technologies, GOQii Technologies, Namecheap Web Services, iROID Technologies, TRICON INFOTECH PVT, SWYM,

Right Answer:
Descriptive statistics summarize and describe the main features of a dataset, using measures like mean, median, mode, and standard deviation. Inferential statistics use sample data to make predictions or inferences about a larger population, often employing techniques like hypothesis testing and confidence intervals.

Data Analytics

Ques:- What is clustering in data analysis and how is it different from classification

Asked In :- Medvarsity Online, AnAr Solutions, MattsenKumar Services, Protege Solutions, Shipco IT, Chegg India, Fortunesoft IT Innovations, GOQii Technologies, Spadeworx Software Services, Dhruvsoft Services,

Right Answer:
Clustering in data analysis is the process of grouping similar data points together based on their characteristics, without prior labels. It is an unsupervised learning technique. In contrast, classification involves assigning predefined labels to data points based on their features, using a supervised learning approach.

Data Analytics

Ques:- What is regression analysis and when is it used

Asked In :- Xoriant Solutions Pvt Ltd, Hidden Brains InfoTech, STIC SOFT E-SOLUTIONS, Fortunesoft IT Innovations, iROID Technologies, Dhruvsoft Services, Clear Trail Technologies, MatchMove India, Radicle Software, Spectra Medix India,

Right Answer:
Regression analysis is a statistical method used to examine the relationship between one dependent variable and one or more independent variables. It is used to predict outcomes, identify trends, and understand the strength of relationships in data.

Data Analytics

Ques:- What are some common data analysis tools and software

Asked In :- Vinove Software & Services Pvt Ltd, Hidden Brains InfoTech, Ziffity Solutions, STIC SOFT E-SOLUTIONS, Born Commerce, TNQ Technologies, MatchMove India, Sun Dew Solutions, Cloud Kinetics Technology Solutions, Recodem,

Right Answer:
Some common data analysis tools and software include:

1. Microsoft Excel
2. R
3. Python (with libraries like Pandas and NumPy)
4. SQL
5. Tableau
6. Power BI
7. SAS
8. SPSS
9. Google Analytics
10. Apache Spark

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