100+ Fusion Microfinance Interview Questions and Answers

Tolerance selection is based on factors like product requirements, manufacturing capabilities, cost, and industry standards.

• Tolerance is selected based on the specific requirements of the product being manufactured.

• Manufacturing capabilities play a crucial role in determining the tolerance levels that can be achieved.

• Cost considerations also impact tolerance selection, as tighter tolerances may increase production costs.

• Industry standards and regulations often dictate accepta...read more

A journal entry in a sale records the financial transaction of selling goods or services.

• The journal entry will include a debit to the accounts receivable or cash account for the amount of the sale.

• There will be a credit to the sales revenue account for the same amount.

• If applicable, there may be additional debits or credits to other accounts such as inventory or cost of goods sold.

• The journal entry should follow the double-entry accounting principle, ensuring that debits equ...read more

A four stroke engine is an internal combustion engine in which the piston completes four separate strokes - intake, compression, power, and exhaust - during two crankshaft revolutions.

• Intake stroke: Fuel-air mixture is drawn into the cylinder

• Compression stroke: Mixture is compressed by the rising piston

• Power stroke: Mixture is ignited, pushing the piston down

• Exhaust stroke: Exhaust gases are expelled from the cylinder

• Examples: Most cars, trucks, and motorcycles use four strok...read more

A.P.G. is used in Quality Engineering to measure the accuracy and precision of a measurement system.

• A.P.G. stands for Average and Range Method.

• It is used to evaluate the variation in measurements taken by a measurement system.

• The Average is the central tendency of the measurements, while the Range is the spread of the measurements.

• A.P.G. helps in determining if a measurement system is capable of producing accurate and consistent results.

• It is commonly used in industries such ...read more

Yoke Poke is a term used in quality engineering to describe a method of testing the strength and durability of a product.

• Yoke Poke involves applying pressure or force to a product to see if it can withstand the intended use without breaking or failing.

• It is commonly used in industries such as automotive, aerospace, and manufacturing to ensure product reliability.

• For example, in automotive testing, a yoke poke test may involve applying pressure to a car seat to ensure it can w...read more

Production planning is the process of organizing resources, scheduling tasks, and coordinating activities to ensure efficient production of goods.

• Involves determining what products to produce, in what quantities, and by when

• Includes creating production schedules, allocating resources, and setting deadlines

• Requires coordination between different departments such as procurement, manufacturing, and logistics

• Utilizes tools like ERP systems, MRP software, and production planning s...read more

MMM in manufacturing stands for Materials, Methods, and Machines.

• MMM refers to the three key components in manufacturing processes: Materials, Methods, and Machines.

• Materials refer to the raw materials or components used in the production process.

• Methods refer to the techniques or processes used to transform materials into finished products.

• Machines refer to the equipment or tools used to carry out the manufacturing processes.

• Optimizing MMM can lead to increased efficiency, q...read more

My strength lies in my ability to effectively communicate, collaborate, and problem-solve in a team setting.

• Strong communication skills - able to convey ideas clearly and concisely

• Collaborative nature - work well with others to achieve common goals

• Problem-solving skills - able to analyze situations and come up with effective solutions

• Adaptability - can adjust to changing circumstances and challenges

• Leadership qualities - able to take charge and motivate team members

A program manager oversees the planning, execution, and monitoring of multiple projects within a program to ensure successful outcomes.

• Coordinates and communicates with various stakeholders

• Develops project plans and timelines

• Monitors progress and addresses any issues that arise

• Ensures alignment with overall program goals and objectives

A governor is a device used to control the speed of an engine by regulating the amount of fuel or power delivered to the engine.

• Governors are commonly used in engines to maintain a constant speed under varying load conditions.

• There are two main types of governors: centrifugal governors and hydraulic governors.

• Centrifugal governors use rotating weights to control the throttle or fuel supply based on engine speed.

• Hydraulic governors use fluid pressure to control the throttle or...read more

DOC stands for Diesel Oxidation Catalyst, a device used to reduce harmful emissions in diesel engines. Mufflers are components that reduce noise produced by the engine.

• DOC is a device used in diesel engines to convert harmful pollutants into less harmful substances.

• Mufflers are components in the exhaust system that reduce noise produced by the engine.

• DOCs are commonly used in vehicles to meet emission standards.

• Mufflers are also known as silencers and are designed to reduce n...read more

Our area follows a strict process flow to ensure quality control and assurance.

• We begin by reviewing the product specifications and requirements.

• Next, we create a plan for testing and inspection.

• We then execute the plan and document any issues or defects found.

• If necessary, we make adjustments to the process and retest.

• Finally, we approve the product for release or recommend further action.

• Examples of our process flow include testing the strength of materials, inspecting the ...read more

An engine is a machine that converts fuel into mechanical energy to produce motion.

• An engine typically consists of cylinders, pistons, valves, and a crankshaft.

• There are different types of engines such as internal combustion engines, steam engines, and electric motors.

• Engines are used in vehicles, power plants, and various machinery to generate power.

• Examples include gasoline engines in cars, diesel engines in trucks, and jet engines in airplanes.

Our plant is responsible for manufacturing and distributing products to meet customer demand.

• Manufacturing products according to customer demand

• Distributing products to various locations

• Ensuring quality control measures are in place

• Maintaining equipment and facilities

• Managing inventory levels

• Implementing safety protocols

• Collaborating with other departments to optimize production processes

Paint paint refers to the substance used to coat surfaces for decorative or protective purposes.

• Paint paint is a liquid or solid material applied to surfaces to add color or protection.

• It can be made from pigments, binders, solvents, and additives.

• Examples include acrylic paint, oil paint, and spray paint.

Quality refers to the standard or degree of excellence of something.

• Quality is a measure of how well something meets its intended purpose or specifications.

• There are different types of quality, such as product quality, service quality, and process quality.

• Product quality refers to the characteristics and features of a product that determine its ability to satisfy customer needs.

• Service quality refers to the level of customer service provided by a company or organization.

• Proce...read more

Measuring gear instruments involves using precision tools to ensure accurate dimensions and performance.

• Use micrometers and calipers to measure gear dimensions

• Check gear tooth profiles with gear measurement machines

• Verify gear hardness with hardness testers

• Inspect gear surface finish with profilometers

7 QC tools are a set of basic quality control tools used to identify and solve quality problems.

• The tools include: Pareto chart, cause-and-effect diagram, check sheet, control chart, histogram, scatter diagram, and flowchart.

• They are used to analyze data and identify the root cause of quality problems.

• The tools are easy to use and can be applied to various industries and processes.

• For example, a Pareto chart can be used to identify the most common defects in a manufacturing p...read more

Thermodynamics is the branch of physics that deals with the relationships between heat, work, and energy.

• Study of energy transformations in physical systems

• Involves concepts like heat, work, temperature, and energy

• Laws of thermodynamics govern energy transfer and conversion

• Used in engineering for designing engines, refrigeration systems, etc.

The core values of the company are integrity, innovation, teamwork, and customer satisfaction.

• Integrity: The company values honesty and ethical behavior in all aspects of business.

• Innovation: The company encourages creativity and new ideas to drive growth and success.

• Teamwork: The company promotes collaboration and cooperation among employees to achieve common goals.

• Customer satisfaction: The company prioritizes meeting and exceeding customer expectations to build long-term r...read more

Expected CTC depends on the job role, experience, and company policies.

• Expected CTC can vary based on the job role and responsibilities.

• Experience and skills of the candidate also play a crucial role in determining the CTC.

• Company policies and budget can also impact the expected CTC.

• It is important to research industry standards and negotiate based on your qualifications.

• For example, a software engineer with 5 years of experience can expect an average CTC of $100,000 in the U...read more

Professional and respectful communication and attire are important in a coordinator role.

• Maintain a polite and courteous tone in all communication

• Dress appropriately for the workplace and occasion

• Avoid using slang or offensive language

• Be mindful of cultural differences in communication and attire

• Lead by example and set a positive tone for the team

Managing production involves planning, organizing, leading, and controlling the production process to ensure efficiency and quality.

• Develop a production plan outlining goals, timelines, and resources.

• Organize workflow to optimize efficiency and minimize waste.

• Lead and motivate production team to meet targets and maintain quality standards.

• Implement quality control measures to ensure products meet specifications.

• Monitor production progress and adjust plans as needed to address...read more

Manpower can be managed effectively by proper planning, communication, training, and motivation.

• Create a detailed schedule to allocate tasks and responsibilities efficiently.

• Communicate clearly with team members to ensure everyone is on the same page.

• Provide necessary training and development opportunities to enhance skills and knowledge.

• Motivate employees through recognition, rewards, and feedback.

• Regularly assess performance and provide constructive feedback for improvement...read more

Managing pri plan involves setting priorities, creating a plan, delegating tasks, monitoring progress, and adjusting as needed.

• Set clear priorities based on importance and deadlines

• Create a detailed plan outlining tasks, timelines, and responsibilities

• Delegate tasks to team members based on their strengths and workload

• Monitor progress regularly to ensure tasks are on track

• Adjust the plan as needed to address any issues or changes

Problem solving methodology is a structured approach to finding solutions to complex issues.

• Identify the problem and define it clearly

• Gather relevant information and data

• Generate possible solutions

• Evaluate and select the best solution

• Implement the solution and monitor its effectiveness

• Iterate if necessary to improve the solution

My aspect CTC is to secure a competitive salary package that reflects my skills, qualifications, and experience as a Diploma Mechanical Engineer.

• I am looking for a CTC that aligns with industry standards and my level of expertise.

• I expect my CTC to be commensurate with my educational background and the responsibilities of the role.

• I am open to negotiation based on the company's compensation structure and benefits package.

• I value fair compensation that recognizes my contributi...read more

A heat exchanger is a device used to transfer heat between two or more fluids, allowing them to exchange thermal energy without mixing.

• Heat exchangers are commonly used in HVAC systems, refrigeration, power plants, and chemical processing.

• They work by transferring heat from one fluid to another through a solid wall, without the fluids coming into direct contact.

• Examples of heat exchangers include shell and tube, plate, and finned tube heat exchangers.

Broaching is a machining process that uses a toothed tool to remove material in a linear motion.

• Broaching is a metal cutting process used to produce complex shapes or contours.

• It involves a specialized tool called a broach that has a series of teeth or cutting edges.

• Broaching can be done in a linear or rotary motion, depending on the type of broach and material being cut.

• Common examples of broached parts include gears, splines, and keyways.

An automobile is a wheeled vehicle used for transportation, typically powered by an internal combustion engine.

• Automobiles come in various types such as cars, trucks, vans, and SUVs.

• They are used for personal transportation, delivery of goods, and emergency services.

• Examples of automobile manufacturers include Ford, Toyota, BMW, and Tesla.

5S is a workplace organization method that aims to improve efficiency and productivity by eliminating waste and optimizing workflow.

• Sort - separate necessary items from unnecessary ones

• Set in order - arrange necessary items in a logical and efficient manner

• Shine - clean and inspect the work area regularly

• Standardize - establish procedures and guidelines for maintaining the 5S system

• Sustain - ensure that the 5S system is continuously implemented and improved

• Example: organizing...read more

A checksheet is a tool used to collect and organize data in a structured manner.

• It is a simple form used to record data in a consistent manner

• It helps to identify patterns and trends in the data

• It can be used to monitor quality control processes

• Examples include tally sheets, defect checklists, and inspection forms

FRL stands for Filter, Regulator, and Lubricator. It is a device used in pneumatic systems to clean, regulate, and lubricate compressed air.

• Filter removes impurities and moisture from compressed air

• Regulator controls the pressure of compressed air

• Lubricator adds oil mist to compressed air to lubricate moving parts

• Used in pneumatic systems for machinery, tools, and equipment

• Helps to extend the life of pneumatic components and improve their performance

Kaizen is a Japanese term for continuous improvement.

• Kaizen involves making small, incremental improvements to processes and systems.

• It is a key principle of lean manufacturing and Six Sigma methodologies.

• Kaizen encourages employee involvement and empowerment in the improvement process.

• Examples of kaizen include reducing waste, improving efficiency, and enhancing quality.

• Kaizen is a never-ending process that aims to constantly improve and optimize operations.

Cost settlement is the process of finalizing and closing out financial transactions related to purchases.

• Cost settlement involves reconciling invoices, payments, and any discrepancies in pricing or quantities.

• It ensures that all costs associated with a purchase are accurately accounted for and paid.

• Examples include verifying that the correct prices were charged for items received and resolving any billing errors.

• Cost settlement may also involve negotiating payment terms with ...read more

Inventory refers to the list of goods and materials held available in stock by a business.

• Inventory includes raw materials, work-in-progress, and finished goods.

• It helps in meeting customer demand, avoiding stockouts, and optimizing production.

• Examples of inventory include merchandise in a retail store, spare parts in a manufacturing plant, and supplies in a hospital.

Technical line in tractor service involves diagnosing and repairing mechanical and electrical issues in tractors.

• Performing routine maintenance on tractors

• Identifying and troubleshooting mechanical and electrical issues

• Repairing or replacing faulty parts

• Testing and adjusting tractor systems

• Maintaining accurate records of service and repairs

• Communicating with customers to understand their needs and provide solutions

• Staying up-to-date with new technologies and industry trends

Management is the process of planning, organizing, directing, and controlling resources to achieve organizational goals.

• It involves setting goals and objectives

• Organizing resources such as people, materials, and finances

• Directing and motivating employees to achieve goals

• Controlling and evaluating performance to ensure goals are met

• Examples include project management, operations management, and human resource management

ERP Booking at Oracle is a process of scheduling and managing resources within the Oracle ERP system.

• ERP Booking involves creating and managing bookings for resources such as equipment, rooms, or personnel within the Oracle ERP system.

• Users can schedule appointments, meetings, or events through the ERP Booking module.

• The system helps in optimizing resource utilization and avoiding conflicts in scheduling.

• ERP Booking at Oracle can streamline operations and improve efficiency i...read more

Take time refers to the amount of time required to complete a task or process.

• It is important to accurately estimate take time to ensure efficient production.

• Factors that can affect take time include equipment, materials, and worker skill level.

• Take time can be improved through process optimization and training.

• For example, if a production line has a take time of 10 minutes per unit, increasing efficiency could reduce it to 8 minutes per unit.

A transformer is an electrical device that transfers electrical energy between two or more circuits through electromagnetic induction.

• Transformers are used to increase or decrease voltage levels in electrical circuits.

• They consist of two coils of wire, known as the primary and secondary coils, wrapped around a core made of ferromagnetic material.

• Transformers are essential in power distribution systems to step up voltage for long-distance transmission and step down voltage for...read more

A servo motor is a rotary actuator that allows for precise control of angular position, velocity, and acceleration.

• Servo motors are commonly used in robotics, CNC machines, and industrial automation.

• They consist of a motor, feedback device, and control system to accurately position the motor shaft.

• Servo motors are known for their high precision, speed, and torque capabilities.

• They are often used in applications where precise control of motion is required, such as in robotic a...read more

PFMEA stands for Process Failure Mode and Effects Analysis.

• It is a structured approach to identify and prioritize potential failures in a process.

• It helps in developing preventive and corrective actions to reduce or eliminate the risk of failures.

• It involves identifying failure modes, their effects, and causes, and assigning a severity, occurrence, and detection rating to each.

• The ratings are then used to calculate a Risk Priority Number (RPN) for each failure mode.

• The higher...read more

I have 5 years of work experience in the Tractor industry.

• I have worked for 3 years as a Project Officer at ABC Tractors.

• During my time at ABC Tractors, I successfully managed multiple projects related to tractor manufacturing and development.

• I have extensive knowledge of the tractor industry, including market trends, competitor analysis, and customer requirements.

• I have collaborated with cross-functional teams, including engineers, designers, and sales representatives, to en...read more

Yes

• I have 5 years of experience in sales and dealer development.

• I have successfully developed and managed a network of dealerships, increasing sales by 20%.

• I have implemented effective sales strategies and training programs to improve dealer performance.

• I have conducted market research and analysis to identify potential sales opportunities and target markets.

• I have negotiated and closed deals with key clients and dealerships, resulting in revenue growth.

• I have collaborated wi...read more

The firing order in a 4 cylinder engine is typically 1-3-4-2.

• The firing order refers to the sequence in which each cylinder fires in the engine.

• In a 4 cylinder engine, the firing order is usually 1-3-4-2.

• This means that cylinder 1 fires first, followed by cylinder 3, then cylinder 4, and finally cylinder 2.

Improvement of electrical systems and equipment.

• Regular maintenance and inspections to identify and address any issues

• Upgrading outdated equipment to improve efficiency and reliability

• Implementing new technologies to enhance performance

• Training staff on proper use and maintenance of electrical systems

• Monitoring energy consumption and implementing strategies to reduce waste

Shot blasting is a surface treatment process used to clean, strengthen, or polish metal surfaces.

• Involves propelling abrasive materials at high speeds onto the surface being treated

• Removes rust, scale, and other contaminants from metal surfaces

• Used in industries like automotive, aerospace, and construction

• Examples include cleaning old paint off metal surfaces before repainting

Types of gears include spur gears, helical gears, bevel gears, worm gears, rack and pinion gears, and planetary gears.

• Spur gears have straight teeth and are the most common type of gear.

• Helical gears have angled teeth for smoother and quieter operation.

• Bevel gears have cone-shaped teeth and are used to change the direction of rotation.

• Worm gears have a screw-like appearance and provide high gear reduction ratios.

• Rack and pinion gears convert rotational motion into linear moti...read more

GST stands for Goods and Services Tax. It is a type of indirect tax levied on the supply of goods and services.

• GST is applicable in many countries around the world, including India, Australia, and Canada.

• The rate of GST varies from country to country and can also differ for different types of goods and services.

• For example, in India, the GST rate for most goods and services is either 5%, 12%, 18%, or 28%.

• Some goods and services may be exempt from GST or have a lower rate, suc...read more

Oracle is a relational database management system used for storing and retrieving data.

• Oracle is a software product developed by Oracle Corporation.

• It is a relational database management system (RDBMS) that uses Structured Query Language (SQL) for managing and manipulating data.

• Oracle allows users to create, modify, and delete database objects such as tables, views, and indexes.

• It provides features like data integrity, security, and concurrency control.

• Oracle supports various...read more

I will create a 3D model in NX Cad as requested.

• Open NX Cad software

• Create a new file

• Use tools like extrude, revolve, and sweep to create 3D shapes

Problem solving methodology involves identifying the issue, analyzing possible solutions, implementing a plan, and evaluating the outcome.

• Identify the problem or issue at hand

• Gather relevant information and data

• Brainstorm potential solutions

• Evaluate each solution based on feasibility and effectiveness

• Implement the chosen solution

• Monitor and evaluate the outcome to ensure success

Casting is the process of pouring molten metal into a mold to create a specific shape.

• Casting involves creating a mold, melting the metal, pouring the metal into the mold, and allowing it to cool and solidify.

• Different types of casting methods include sand casting, investment casting, die casting, and continuous casting.

• Casting is used in various industries such as automotive, aerospace, and jewelry making.

Hydraulic refers to the use of liquid to transmit power or energy.

• Hydraulic systems use a liquid, typically oil, to transmit power.

• The liquid is pressurized and then used to move components in the system.

• Common examples of hydraulic systems include car brakes and hydraulic lifts.

• Hydraulic systems are often used in heavy machinery and industrial equipment.

Line balancing is the process of optimizing workstations in a production line to minimize idle time and maximize efficiency.

• It involves analyzing the production process and identifying bottlenecks

• Tasks are then rearranged to balance the workload across workstations

• The goal is to achieve a smooth and continuous flow of work

• Example: In a car assembly line, line balancing would involve ensuring that each workstation has an equal amount of work to do

• Example: In a restaurant kitch...read more

Tolerance in production fabrication refers to the allowable deviation from a specified dimension or quality.

• Tolerance is the acceptable range of variation in a dimension or quality of a part or product.

• It ensures that parts fit together properly and function as intended.

• Tolerance can be specified as a plus/minus value or a range of values.

• For example, a part may have a tolerance of +/- 0.005 inches for its length.

BOM stands for Bill of Materials.

• BOM is a comprehensive list of raw materials, components, and assemblies required to build a product.

• It includes quantities, part numbers, and descriptions of each item.

• BOMs are commonly used in manufacturing and engineering industries.

• Example: A BOM for a bicycle would list all the parts like frame, wheels, pedals, etc.

Participating in industrial exhibitions helps in networking and showcasing products/services.

• Industrial exhibitions provide a platform to showcase products/services to a wider audience.

• Networking opportunities with potential clients, partners, and industry professionals.

• Opportunity to learn about industry trends and competitors.

• Generate leads and increase brand visibility.

• Demonstrate product features and benefits to potential customers.

Types of gears include spur, helical, bevel, worm, rack and pinion, and planetary gears.

• Spur gears have straight teeth and are used for low-speed applications.

• Helical gears have angled teeth and are used for high-speed applications.

• Bevel gears have cone-shaped teeth and are used for changing the direction of power transmission.

• Worm gears have a screw-like structure and are used for high reduction ratios.

• Rack and pinion gears are used for converting rotational motion into line...read more

The type of seal gear used in maintenance engineering can vary depending on the specific equipment being worked on.

• Common types of seal gear include mechanical seals, lip seals, and labyrinth seals.

• The choice of seal gear depends on factors such as the operating conditions, temperature, pressure, and type of fluid being sealed.

• For example, mechanical seals are often used in pumps and compressors, while lip seals are commonly found in automotive applications.

• Regular inspection...read more

Paint flow rate is the rate at which paint is dispensed from a container or nozzle.

• Paint flow rate is measured in units of volume per unit of time, such as liters per minute.

• It is an important factor in determining the efficiency and effectiveness of painting processes.

• Factors that can affect paint flow rate include viscosity of the paint, pressure applied, and nozzle size.

• For example, a higher viscosity paint will have a lower flow rate compared to a lower viscosity paint.

• Co...read more

Projection of drawing refers to the process of creating a two-dimensional representation of a three-dimensional object.

• It involves creating a plan or elevation view of an object from different angles.

• This is commonly used in architecture, engineering, and manufacturing industries.

• Examples include blueprints, schematics, and technical drawings.

• Projection can be done manually or with the use of computer-aided design (CAD) software.

There are various types of engines used in different vehicles and machinery.

• Internal combustion engine (gasoline, diesel)

• Electric motor

• Steam engine

• Jet engine

• Rocket engine

ETL process involves extracting data from various sources, transforming it to fit business needs, and loading it into a target database.

• Extract: Retrieve data from different sources like databases, files, APIs, etc.

• Transform: Clean, filter, aggregate, and convert data to meet business requirements.

• Load: Insert the transformed data into a target database or data warehouse.

• Example: Extracting sales data from a CRM system, transforming it to calculate total revenue, and loading ...read more

Supply Chain Finance is a financial solution that optimizes cash flow by leveraging the buyer's creditworthiness.

• Supply Chain Finance involves using a third-party financial institution to provide funding to suppliers based on the buyer's creditworthiness.

• It helps improve cash flow for both buyers and suppliers by extending payment terms and reducing working capital requirements.

• Examples of Supply Chain Finance providers include banks, fintech companies, and supply chain finan...read more

I empower my team by setting clear goals, providing support and resources, and fostering a positive work environment.

• Set clear goals and expectations for each team member

• Provide necessary support and resources for team members to succeed

• Foster a positive work environment through open communication and recognition of achievements