Choudhary Finance Recovery Officer Interview Questions and Answers

Q1. Question asked on previous coding test
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Q1. What are your salary expectations?
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Q2. What is your family background?
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Q3. Why should we hire you?
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Q4. What are your strengths and weaknesses?
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Q5. Tell me about yourself.
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Q1. Tell me about yourself
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Q1. What is your overall experience
Ans. 
I have over 10 years of experience as an Admin Manager in various industries.
• Managed a team of 15 administrative staff members

• Implemented efficient office procedures and systems

• Streamlined communication channels between departments

• Developed and maintained budgets for office operations

• Coordinated logistics for company events and meetings
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Q2. What is your career goal
Ans. 
To become a successful Admin Manager and contribute to the growth of the organization.
• To effectively manage administrative tasks and ensure smooth operations

• To develop and lead a high-performing administrative team

• To implement efficient processes and systems to improve productivity

• To contribute to the strategic planning and decision-making of the organization

• To continuously enhance my skills and knowledge in administra
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Q1. What question genrally asked for Real estate process ?
Ans. 1What kind of property your looking for Single family two family house multi family house ? 2 which area you preferred to buy a property ? 3 how many bedrooms or bathrooms required each floor ? 4 you required garage or basement ? 5 at what price range you looking for property ? How soon your going to purchase the property 6 how much you can put as down payment Did you have any pre-approval letter 7 for pre-approval...read more
Answered by Jagpreet Singh Bakshi
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Q2. What is the difference between purchase mortgage and refinance ? What is down payment ? What is closing cost ? What is bankruptcy and after how many years of bankruptcy customer can recover their credit sc...read more
Ans. 
Purchase mortgage is used to buy a new home, while refinance is used to replace an existing mortgage. Down payment is the initial payment made when purchasing a home. Closing cost is the fees associated with closing a mortgage. Bankruptcy is a legal process where a person or business is unable to repay their debts. Cash out is when a borrower refinances their mortgage for more than they owe. DTI ratio is the ratio of a...read more
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Q3. Geography of Australia
Ans. 
Australia is a country located in the Southern Hemisphere, known for its diverse landscapes, wildlife, and unique culture.
• Australia is the sixth largest country in the world by total area.

• It is surrounded by the Indian and Pacific Oceans.

• Major cities include Sydney, Melbourne, Brisbane, Perth, and Adelaide.

• The country is known for its iconic landmarks such as the Sydney Opera House and the Great Barrier Reef.
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Q4. How much time usually take to process the loan file ?
Ans. 
The time taken to process a loan file varies depending on the complexity of the file and the efficiency of the process.
• Processing time can range from a few days to several weeks.

• Factors that can affect processing time include the completeness of the application, the responsiveness of the borrower, and any additional documentation required.

• For example, a straightforward loan file with all necessary documents may be proc...read more
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Q5. Why People go to Brokers instead to directly to bank?
Ans. 
People go to brokers instead of directly to banks for personalized service, access to multiple lenders, and assistance with complex situations.
• Brokers offer personalized service and guidance throughout the mortgage process

• Brokers have access to a wide range of lenders, increasing the chances of finding the best deal for the client

• Brokers can help clients with unique or complex financial situations that may not fit trad
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Q1. Generally asked about your experience and yourself and your hobbies must have excellent communication skills
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Q1. Good job👍and very gert full
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Q2. Good job and very gert
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Q3. Ghjijgftuikngdgjyfguj
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