ChicMic Trainee Interview Questions and Answers

Q1. Do you know about Vendor reconciliation
Ans. 
Vendor reconciliation is the process of ensuring that records between a company and its vendors match.
• Involves comparing internal records with vendor statements.

• Helps identify discrepancies such as missing invoices or incorrect amounts.

• Example: A company finds a $500 invoice recorded differently by the vendor.

• Regular reconciliation can prevent payment errors and maintain good vendor relationships.

• Typically done monthly
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Q1. About yourself , strong and weak points
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Q1. What's policy bazar and What's insurance
Ans. 
Policy Bazaar is an online platform for comparing and purchasing insurance policies.
• Policy Bazaar is an Indian online insurance aggregator that allows users to compare and purchase insurance policies from various companies.

• Insurance is a contract between an individual and an insurance company, where the individual pays a premium in exchange for financial protection against potential losses or damages.

• Types of insurance...read more
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Ask you some basic questions like introduce yourself?

In this round they ask about their company and purpose?

Q1. Finally at this stage they will give you a topic and and you have to explain with in 1 min
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Q2. What is sales? What is insurance? Why you want to join policy bazar
Ans. 
Sales is the process of convincing a potential customer to buy a product or service. Insurance is a contract between an individual and an insurance company to protect against financial loss.
• Sales involves identifying potential customers, understanding their needs, and persuading them to make a purchase.

• Insurance provides financial protection against unexpected events such as accidents, illnesses, or natural disasters.

• P...read more
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Q3. Why should we hire you
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Q1. Intro, hobbies, what are your intrest achievements difference between hard work and smart work
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Q2. You should be asked to wait till 7 hour they will waste time and ask for stupid questions i dont know why they are doing this
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Q1. What is your Dream job ?
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