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Fusion Microfinance Assistant Manager Trainee Interview Questions and Answers

Updated 2 Jun 2022

Fusion Microfinance Assistant Manager Trainee Interview Experiences

1 interview found

I applied via Campus Placement and was interviewed before Jun 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. What do you know about nbfc? What is the process of nbfc , how disburmsent process should have done..
  • Ans. 

    NBFC stands for Non-Banking Financial Company. They provide financial services like loans, investments, etc. but do not hold a banking license.

    • NBFCs are regulated by the Reserve Bank of India (RBI).

    • They cannot accept demand deposits.

    • NBFCs can provide loans and advances, issue credit cards, and engage in other financial activities.

    • Disbursement process involves verifying the borrower's eligibility, assessing the risk, an...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare yourself to financial and specially nbfc knowledge...

Interview questions from similar companies

Interview experience
4
Good
Difficulty level
Easy
Process Duration
-
Result
Not Selected
Round 1 - Coding Test 

1. Prime Factors Operations

You are given an integer n. In one operation, you can do the following

• Pick a number P such that P is prime and n is divisble by P. Assign P

Find the maximum number of operations you can perform.

Function description

Complete the primeGame function in the editor below. It has the following param

Name

Type

Description

INTEGER

The given integer n.

n

Return

The function must return an INTEGER denoting the maximum operations you can perform.

Constraints

• 1 ≤ n ≤ 10^9

Input format for debugging

• The first line contains an integer, n, denoting the initial value of n. desc

Round 2 - Technical 

(5 Questions)

  • Q1. What is Object-Oriented Programming (OOP) in Java, and can you explain concepts such as encapsulation and polymorphism with examples?
  • Ans. 

    OOP in Java is a programming paradigm that uses objects to design applications. Encapsulation is the bundling of data and methods, while polymorphism allows objects to be treated as instances of their parent class.

    • OOP in Java focuses on creating objects that interact with each other to design applications

    • Encapsulation in Java involves bundling data (variables) and methods (functions) within a class to restrict access f...

  • Answered by AI
  • Q2. What are wrapper classes in Java, and what is their purpose?
  • Ans. 

    Wrapper classes in Java are classes that allow primitive data types to be used as objects.

    • Wrapper classes provide a way to convert primitive data types into objects.

    • They are used when an object is required, such as in collections like ArrayList.

    • Examples include Integer for int, Double for double, Boolean for boolean, etc.

  • Answered by AI
  • Q3. Given an array, how can it be rotated to the left?
  • Ans. 

    To rotate an array to the left, shift all elements to the left by one position and move the first element to the end.

    • Create a temporary variable to store the first element of the array.

    • Shift all elements to the left by one position.

    • Assign the temporary variable value to the last element of the array.

  • Answered by AI
  • Q4. Can you explain the projects you have completed and provide details about your internships?
  • Ans. 

    I have completed projects in renewable energy and automation systems. I have also interned at a manufacturing company and a research institute.

    • Completed a project on designing a solar-powered irrigation system for a rural community

    • Completed a project on developing an automated warehouse management system using RFID technology

    • Interned at a manufacturing company where I worked on optimizing production processes

    • Interned a...

  • Answered by AI
  • Q5. What is the difference between an ArrayList and an array in Java?
  • Ans. 

    ArrayList is a dynamic array in Java that can grow or shrink in size, while an array has a fixed size.

    • ArrayList can dynamically resize itself, while array has a fixed size.

    • ArrayList is a class in Java, while array is a basic data structure.

    • ArrayList provides methods to add, remove, and access elements easily, while array requires manual manipulation.

    • Example: ArrayList<String> list = new ArrayList<>(); Strin...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Self introduction being asked
  • Q2. Finance related question asked

Interview Preparation Tips

Interview preparation tips for other job seekers - It was nice experience
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via campus placement at Tata Institute of Social Sciences (TISS) and was interviewed in Apr 2024. There were 2 interview rounds.

Round 1 - HR 

(3 Questions)

  • Q1. Introduce yourself
  • Q2. Why you want to join the company?
  • Q3. How many years of experience you have in this sector?
Round 2 - Interview with COO 

(4 Questions)

  • Q1. What is microfinance?
  • Ans. 

    Microfinance is a type of financial service that provides small loans and other financial services to low-income individuals or groups who lack access to traditional banking services.

    • Microfinance aims to help alleviate poverty by providing financial services to those who are unable to access traditional banking services.

    • It typically involves small loans, savings accounts, insurance, and other financial products tailore...

  • Answered by AI
  • Q2. Do you have any experience or understanding in finance?
  • Q3. How will you deal with the customers?
  • Ans. 

    I will deal with customers by actively listening to their concerns, providing solutions, and ensuring their satisfaction.

    • Listen actively to understand their needs and concerns

    • Provide prompt and effective solutions to their issues

    • Ensure their satisfaction by following up on their feedback

    • Maintain a positive and professional attitude at all times

    • Handle difficult customers with patience and empathy

  • Answered by AI
  • Q4. How will you manage team and branches?
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Campus Placement and was interviewed in Nov 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Why do you want to work in small finance
  • Q2. Will you be able to work in remote areas
Interview experience
1
Bad
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Cibil explanation
  • Q2. Underwriting explanation
  • Ans. 

    Underwriting explanation involves assessing risk and determining the terms of insurance policies.

    • Underwriting involves evaluating the risk associated with insuring a person or entity.

    • Factors considered in underwriting include age, health, occupation, and lifestyle.

    • Underwriters use statistical models and historical data to predict the likelihood of a claim.

    • The underwriting process helps determine the premium and coverag

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Dec 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(1 Question)

  • Q1. Asked about my experience in collection
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Sep 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Quantitative Aptitude, Logical Reasoning, English

Round 3 - One-on-one 

(3 Questions)

  • Q1. Self introduction
  • Q2. Family Background
  • Q3. Things Related to Resume

Interview Preparation Tips

Interview preparation tips for other job seekers - Be Bold and Speak Confident
Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Aug 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Who refered you 

(4 Questions)

  • Q1. Tell the persons name who recommend you
  • Q2. Do you know excel
  • Q3. Do you know microsoft
  • Ans. 

    Yes, I am familiar with Microsoft.

    • Microsoft is a multinational technology company known for its software products like Windows operating system, Office suite, and Azure cloud services.

    • They also produce hardware like Surface tablets and Xbox gaming consoles.

    • Microsoft was founded by Bill Gates and Paul Allen in 1975.

    • Some popular Microsoft products include Windows 10, Microsoft Office, and Xbox Series X.

  • Answered by AI
  • Q4. Have any experience
Round 3 - HR 

(1 Question)

  • Q1. Tell about yourself
  • Ans. Tell about qualifications, experience and your refral
  • Answered Anonymously

Interview Preparation Tips

Interview preparation tips for other job seekers - Nothing just you need good refral that's it.
Skill should be ok like excel and computer knowledge rest refral.
Round 1 - Group Discussion 

Current topics

Round 2 - One-on-one 

(1 Question)

  • Q1. About my work experience, goals

Interview Preparation Tips

Interview preparation tips for other job seekers - Company pays well through college placements

Fusion Microfinance Interview FAQs

How many rounds are there in Fusion Microfinance Assistant Manager Trainee interview?
Fusion Microfinance interview process usually has 1 rounds. The most common rounds in the Fusion Microfinance interview process are One-on-one Round.

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