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I applied via Referral and was interviewed in Mar 2023. There were 2 interview rounds.
KYC documents refer to the documents required for verifying the identity of customers.
KYC documents include government-issued ID cards such as driver's license, passport, or Aadhaar card.
Proof of address documents like utility bills, bank statements, or rental agreements are also required for KYC.
Additional documents may be needed depending on the financial institution's requirements, such as income proof or PAN card.
K...
I applied via Naukri.com and was interviewed in May 2022. There were 2 interview rounds.
Bad debts are the amounts owed to a company that are unlikely to be paid back.
Bad debts are a loss for the company as they cannot recover the amount owed.
They are usually written off as an expense in the company's financial statements.
Examples include unpaid invoices, defaulted loans, and bounced checks.
Companies may try to recover bad debts through debt collection agencies or legal action.
Bad debts can be minimized th...
The Golden Rule is a moral principle that states one should treat others as they would like to be treated.
The Golden Rule is also known as the ethic of reciprocity.
It is found in many cultures and religions around the world.
Examples include 'Do unto others as you would have them do unto you' and 'Love your neighbor as yourself.'
A financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
It is a snapshot of a company's financial position.
Assets are listed on the left side and liabilities and equity on the right side.
The equation Assets = Liabilities + Equity must always balance.
It helps investors and creditors to evaluate a company's financial health.
Examples of assets include cash, inventory, and p...
There are two main types of accounting: financial accounting and managerial accounting.
Financial accounting focuses on external reporting and providing financial information to stakeholders.
Managerial accounting focuses on internal decision-making and providing financial information to management.
Other types of accounting include tax accounting, auditing, and forensic accounting.
Tax accounting involves preparing tax re...
A mortgage is a loan taken out to purchase a property, where the property serves as collateral for the loan.
Mortgages are typically long-term loans, with repayment periods ranging from 15 to 30 years.
Interest rates on mortgages can be fixed or adjustable.
Mortgages can be obtained from banks, credit unions, or other financial institutions.
The amount of the mortgage loan is based on the value of the property being purcha...
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Use a combination of backup and delete approach to safely delete the records.
Take a backup of the live system before deleting any records.
Identify the records to be deleted using a query or script.
Delete the records in batches to avoid overwhelming the system.
Monitor the system during the deletion process for any issues.
Verify the deletion by checking the number of records before and after.
Consider archiving the delete
The latest trends include AI, remote work, sustainability, and digital transformation.
Artificial Intelligence (AI) is being integrated into various industries and processes to improve efficiency and accuracy.
Remote work is becoming more popular due to advancements in technology and the COVID-19 pandemic.
Sustainability is a growing concern for businesses and individuals, leading to a shift towards eco-friendly practices...
posted on 1 Mar 2023
I applied via Naukri.com and was interviewed in Sep 2022. There were 3 interview rounds.
I applied via Referral and was interviewed in Sep 2020. There were 3 interview rounds.
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