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Fusion Microfinance Interview Questions and Answers

Updated 5 Feb 2024

Q1. Have knowledge about SEZ Purchase process?

Ans.

Yes, SEZ purchase process involves certain regulations and benefits.

  • SEZ purchase process involves compliance with SEZ regulations and policies.

  • SEZ units are entitled to certain benefits such as exemption from customs duty and taxes.

  • SEZ purchase process may involve obtaining approvals from SEZ authorities.

  • SEZ units may have specific requirements for procurement and sourcing.

  • SEZ purchase process may differ from regular purchase process in terms of documentation and procedures.

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Q2. Standard Purchase process followed in current company?

Ans.

Our standard purchase process involves identifying the need, obtaining quotes, negotiating terms, creating a purchase order, and receiving and inspecting the goods.

  • Identify the need for the product or service

  • Obtain quotes from multiple vendors

  • Negotiate terms and finalize the vendor selection

  • Create a purchase order with the agreed upon terms

  • Receive and inspect the goods to ensure they meet our standards

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Q3. Have a experience of ISO Audit?

Ans.

Yes, I have experience of ISO Audit.

  • I have conducted internal audits for ISO 9001:2015 certification.

  • I have also assisted in external audits for ISO 14001:2015 certification.

  • I am familiar with the audit process and documentation requirements.

  • I have worked with cross-functional teams to ensure compliance with ISO standards.

  • I have identified non-conformances and implemented corrective actions to improve processes.

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Q4. Have a experience of chemical purchase?

Ans.

Yes, I have experience in chemical purchase.

  • I have worked as a purchase manager for a chemical manufacturing company.

  • I have experience in sourcing and negotiating prices for various chemicals.

  • I am familiar with the regulations and safety requirements for handling chemicals.

  • I have developed relationships with suppliers and maintained inventory levels.

  • I have experience in managing the logistics of chemical transportation and storage.

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Q5. Have a experience of USFDA Audit?

Ans.

Yes, I have experience of USFDA Audit.

  • I have been a part of USFDA audits for the past 3 years.

  • I have assisted in preparing for the audit, ensuring compliance with regulations.

  • I have experience in handling queries and observations raised during the audit.

  • I have also been involved in implementing corrective actions post-audit.

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Q6. Reject return process of SEZ?

Ans.

The reject return process of SEZ should be clearly defined and communicated to all stakeholders.

  • The process should be documented and easily accessible to all employees involved in the process.

  • Clear guidelines should be provided on the reasons for rejecting a return and the steps to be taken.

  • Communication channels should be established to inform the customer of the rejection and the reasons for it.

  • The rejected goods should be properly stored and accounted for.

  • Regular reviews o...read more

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