Bajaj Finance Collections Representative Interview Questions and Answers

It's a series of aptitude questions, you must answer as many questions as you can correctly within 45 mins

Q1. What are the golden rules of accounting?
Ans. 
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The golden rule of accounting is that for every debit entry, there must be an equal credit entry.

• Assets = Liabilities + Equity is the fundamental equation in accounting.

• Revenue is recognized when it is earned, not when cash is received.

• Expenses are recognized when they are incurred, not when they are paid.

• The ...read more
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Q2. Why do you want to work In Shriram Finance?
Ans. 
I want to work in Shriram Finance because of its strong reputation in the financial industry and the opportunities for growth and development.
• Strong reputation in the financial industry

• Opportunities for growth and development

• Exciting work environment

• Desire to contribute to a successful company
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Q3. Tell me about yourself?
Ans. 
I am a seasoned executive with over 10 years of experience in leading teams and driving business growth.
• Over 10 years of experience in executive roles

• Proven track record of leading teams and driving business growth

• Strong strategic planning and decision-making skills
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Q1. What is insurance
Ans. 
Insurance is a financial protection against potential losses or risks.
• Insurance is a contract between an individual or organization and an insurance company, where the insurer agrees to provide financial protection in case of specified events such as accidents, illnesses, or property damage.

• Policyholders pay premiums to the insurance company in exchange for coverage.

• Types of insurance include health insurance, life ins...read more
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Q1. Balance sheet Profit and loss
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Q2. Secured loan and unsecured loan
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100 marks Questions around maths reasoning and English with going to 45 min ,with no negative marks 60 marks is passing marks

Q1. Around kyc , finance, company profile,and your qualifications and Skills based questions
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Q1. Describe about your self
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Q2. Experience past
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Q1. What is RD? Difference between RD and FD .
Ans. 
RD stands for Recurring Deposit. RD is a type of investment scheme offered by banks where a fixed amount is deposited at regular intervals for a predetermined period of time. FD stands for Fixed Deposit. FD is a type of investment scheme offered by banks where a lump sum amount is deposited for a fixed period of time.
• RD is a recurring deposit scheme where a fixed amount is deposited at regular intervals, usually monthl...read more
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Q2. What is FD ? What's the difference between RD and FD.
Ans. 
FD stands for Fixed Deposit. RD stands for Recurring Deposit.
• FD is a type of investment where a fixed amount of money is deposited for a fixed period of time at a fixed interest rate.

• RD is a type of investment where a fixed amount of money is deposited at regular intervals for a fixed period of time at a fixed interest rate.

• FD offers a higher interest rate compared to RD.

• In FD, the entire amount is deposited at once, w...read more
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Do u have bike , driving licence, daily you have run 150km or 200km daily from bike can you do it

Q1. Did u work earlier if yes show experience letter
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Q2. If no experience then it's ok
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Q1. You have show education information
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Q2. I show my education information
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