Amul India Interview Questions and Answers

Sales product knowledge and product details

Q1. That's a fine next level growth improvement
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Q1. What do you know about section 194q of the income tax?
Ans. 
Section 194Q mandates TDS on certain purchases exceeding specified limits in India.
• Applicable to buyers purchasing goods worth over ₹50 lakhs in a financial year.

• TDS rate is set at 0.1% of the purchase amount exceeding ₹50 lakhs.

• Buyers must deduct TDS at the time of payment or credit to the seller.

• Sellers must provide their PAN to avoid higher TDS rates.

• Example: If a buyer purchases goods worth ₹60 lakhs, TDS of ₹10,00...read more
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Q2. What is Ledger creation tally ?
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Ledger creation in Tally involves setting up accounts to track financial transactions systematically.
• Ledgers are individual accounts for tracking specific financial transactions.

• In Tally, ledgers can be created for various purposes, such as sales, purchases, and expenses.

• Example: Creating a 'Sales' ledger to record all sales transactions.

• Ledgers can be grouped under categories like Assets, Liabilities, Income, and Expe...read more
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Q3. What is purchase order ?
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A purchase order is a formal document issued by a buyer to a seller, detailing the items, quantities, and agreed prices.
• Acts as a legally binding contract between buyer and seller.

• Includes details like item description, quantity, price, and delivery date.

• Helps in tracking orders and managing inventory effectively.

• Example: A company issues a purchase order for 100 laptops at $800 each.

• Used in various industries, includi...read more
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Q4. What is sales order?
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A sales order is a document confirming a customer's request to purchase products or services from a seller.
• It includes details like product type, quantity, price, and delivery date.

• Example: A customer orders 100 units of Product A at $10 each.

• Sales orders help in tracking inventory and managing customer relationships.

• They are often generated after a quote is accepted by the customer.

• Sales orders can be used for both go...read more
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Q5. What is BRS ?
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BRS stands for Bank Reconciliation Statement, a financial document that matches bank statements with company records.
• BRS helps identify discrepancies between bank statements and company books.

• It includes transactions like deposits, withdrawals, and bank fees.

• For example, if a company records a deposit of $1,000 but the bank shows $900, this discrepancy needs investigation.

• BRS is typically prepared monthly to ensure acc...read more
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Q1. Experience releted questions
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Q2. What you know about company
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The company is a leading provider of innovative solutions in the tech industry, focusing on customer satisfaction and cutting-edge technology.
• Founded in 2005, the company has grown rapidly, expanding its product line to include software and hardware solutions.

• The company emphasizes sustainability, implementing eco-friendly practices in its manufacturing processes.

• It has a strong customer support team, ensuring that cli...read more
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Q1. Subject matter questions
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Q2. Computer related questions
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Q3. Amul related questions
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Q4. Written communication related questions
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Q1. Negotiation on salary
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Q2. Current job responsibilities
Ans. 
Handling accounts payable and receivable, preparing financial statements, reconciling bank statements
• Processing invoices and payments

• Monitoring accounts to ensure timely payments

• Preparing financial reports and statements

• Reconciling bank statements with company records
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This section includes basic mathematical problems such as percentages, profit and loss, time and distance, number series, ratios, averages, and more.

Coding tests assist employers or institutions in evaluating a candidate's programming skills, problem-solving abilities, and coding efficiency. They also provide insights into how effectively a candidate writes clean, bug-free code while adhering to time constraints.

Q1. Why should we hire you?
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Q2. What does a fraud officer do?
Ans. 
A fraud officer is responsible for investigating and preventing fraudulent activities within an organization.
• Conducting investigations into suspected fraudulent activities

• Implementing fraud prevention measures

• Collaborating with law enforcement agencies

• Analyzing data to identify patterns of fraud

• Educating employees on fraud awareness

• Reporting findings to management
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Q1. What are your strenghts?
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Q2. What do you know about us?
Ans. 
Your company is a leading provider of innovative solutions in the tech industry, focusing on customer-centric products and services.
• Founded in 2005, the company has rapidly grown to become a market leader in software development.

• You prioritize sustainability, implementing eco-friendly practices in your operations.

• Your flagship product, XYZ Software, has won multiple awards for its user-friendly interface and robust fun...read more
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