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Top 30 Tally Interview Questions & Answers
Banking & Finance

Top 30 Tally Interview Questions & Answers

1) Explain what is Tally and where it can be used? Tally is a software for accounts and inventory management, which is used for performing many functions like Performing all basic accounting functions Estimating job costing Storing details and managing inventory items Managing payroll Filing tax return, managing profit, and loss statement, preparing a balance…

Top 33 Investment Banking Interview Questions & Answers
Banking & Finance

Top 33 Investment Banking Interview Questions & Answers

1) What is another term for Investment Banking division? Investment Banking is also called Corporate Finance. 2) Why are you interested in Investment Banking? This question is asked to check the candidate’s interest to know his understanding of the Investment Banking. Therefore, you should be aware of the certain key skills and attributes required for…

Top 15 Actuarial Interview Questions & Answers
Banking & Finance

Top 15 Actuarial Interview Questions & Answers

1) Explain what is the role of Actuarial Analyst in the insurance company? Actuarial analyst’s works in the insurance industry and use statistical model to analyze the data and calculate the costs associated with certain events such as Product failure Accidents Property damage Injury and death Destruction due to natural calamities ( hurricanes, earthquakes, pandemic…

Top 17 Quickbooks Interview Questions & Answers
Banking & Finance

Top 17 Quickbooks Interview Questions & Answers

1) Explain what is QuickBooks? QuickBooks is an accounting software package developed by Intuit. It provides and on-premise accounting applications as well as cloud-based versions, which includes business payments, payroll functions and manage and pay bills. 2) What are the products available in QuickBooks? QuickBooks provide following products QuickBooks Self-employee QuickBooks Online QuickBooks Pro QuickBooks…

Top 12 Debt Collection Interview Question & Answers
Banking & Finance

Top 12 Debt Collection Interview Question & Answers

1) What are the responsibilities of bill collectors? Responsibility of bill collector includes Identifying customers with back due accounts and notifying them by email or telephone Negotiating repayment plans, maintaining electronic account and collection records Referring customers to referrals to professional debt counselors Forwarding statement of customers to legal bodies to take actions 2) What…

Top 35 Equity Trading & Dealer Interview Questions with Answers
Banking & Finance

Top 35 Equity Trading & Dealer Interview Questions with Answers

1)      Explain what is “Over the Counter Market”? Over the counter market is a decentralized market, which does not have a physical location, where market traders or participants trade with one another through various communication modes such as telephone, e-mail and proprietary electronic trading systems. 2)      Mention what are levels of traders? Senior Trader Intermediate…

Top 50 Insurance Interview Questions & Answers
Banking & Finance

Top 50 Insurance Interview Questions & Answers

1)       What are the different types of Insurance Coverage? Insurance policy is categorised into two a)      General or Non-life  Insurance b)      Life Insurance 2)      What do you mean by ‘insurance coverage’? The term ‘insurance coverage’ means, when an individual takes an insurance policy the insured will be covered by insurance company for a specific amount…

Top 50 Banking Interview Questions & Answers
Banking & Finance

Top 50 Banking Interview Questions & Answers

1) What is bank? What are the types of banks? A bank is a financial institution licensed as a receiver of cash deposits. There are two types of banks, commercial banks and investment banks. In most of the countries, banks are regulated by the national government or central bank. 2) What is investment banking? Investment…