
Genpact


10+ Genpact Associate Interview Questions and Answers
Q1. Can you give a live example of money laundering?
Money laundering is the process of disguising the proceeds of illegal activity as legitimate funds.
Money laundering involves three stages: placement, layering, and integration.
Placement involves introducing the illegal funds into the financial system.
Layering involves moving the funds through a series of transactions to make it difficult to trace their origin.
Integration involves using the laundered funds to purchase assets or invest in legitimate businesses.
An example of mon...read more
Q2. What is money laundering?
Money laundering is the process of making illegally obtained money appear to have been obtained through legal means.
It involves disguising the source of funds to make them appear legitimate
It is often associated with organized crime and drug trafficking
Common methods include using shell companies, offshore accounts, and cash businesses
Money laundering is illegal and can result in severe penalties, including imprisonment and fines
Examples include buying expensive assets with c...read more
Q3. What's a Single Ops tool?
Single Ops tool is a software that helps businesses manage their operations from a single platform.
It streamlines processes and improves efficiency
It can include features like scheduling, inventory management, and invoicing
Examples include ServiceTitan, Jobber, and Housecall Pro
Q4. Who control banks in India ?
The Reserve Bank of India (RBI) is the regulatory authority that controls banks in India.
The RBI is responsible for issuing licenses to banks and regulating their operations.
It also sets monetary policies and manages the country's foreign exchange reserves.
The RBI has the power to inspect and audit banks to ensure compliance with regulations.
In addition, the government of India has some control over public sector banks.
However, private sector banks are largely controlled by t...read more
Q5. What is CVV, and how to prevent fraud ?
CVV is a 3-digit security code on credit/debit cards. To prevent fraud, never share CVV, use secure websites, monitor transactions.
CVV stands for Card Verification Value, a 3-digit security code on credit/debit cards
Never share CVV with anyone, including over phone or email
Use secure websites for online transactions to prevent CVV theft
Regularly monitor credit card transactions for any unauthorized charges
Q6. What is phishing and how to prevent it?
Phishing is a type of cyber attack where attackers impersonate legitimate organizations to trick individuals into providing sensitive information.
Be cautious of emails asking for personal information or urgent action
Check the sender's email address for any discrepancies
Avoid clicking on suspicious links or downloading attachments from unknown sources
Use security software to help detect and prevent phishing attempts
Q7. How do you deal with ransomeware alerts
I promptly isolate the infected system, disconnect it from the network, and report the incident to the IT security team.
Isolate the infected system to prevent further spread of the ransomware
Disconnect the infected system from the network to contain the threat
Report the incident to the IT security team for further investigation and remediation
Restore data from backups if available
Q8. What is capital market?
Capital market is a financial market where long-term securities are traded.
It is a market for buying and selling of long-term securities such as stocks, bonds, and debentures.
It provides a platform for companies and governments to raise funds for their long-term investment needs.
The capital market is divided into two segments: primary market and secondary market.
Primary market is where new securities are issued and sold to the public for the first time.
Secondary market is whe...read more
Q9. Which are three Golden Rules
Three Golden Rules are: Do unto others as you would have them do unto you, Love your neighbor as yourself, and Honor your father and mother.
Do unto others as you would have them do unto you - treat others the way you want to be treated
Love your neighbor as yourself - show kindness and compassion to those around you
Honor your father and mother - respect and appreciate your parents and their guidance
Q10. What is Order to cash ?
Order to cash is the process of receiving and fulfilling customer orders, and receiving payment for those orders.
Order to cash involves multiple steps, including order entry, order fulfillment, invoicing, and payment processing.
It is a critical process for businesses as it directly impacts revenue and customer satisfaction.
Examples of order to cash systems include SAP, Oracle, and Salesforce.
Efficient order to cash processes can lead to improved cash flow and reduced order pr...read more
Q11. explain p2p cyacke and po and no po invoices
P2P cycle involves procurement, receiving, invoicing, and payment. PO invoices are based on purchase orders, while non-PO invoices are not.
P2P cycle includes procurement, receiving, invoicing, and payment
PO invoices are based on purchase orders
Non-PO invoices are not based on purchase orders
PO invoices have a pre-approved budget and quantity
Non-PO invoices require additional approval before payment
PO invoices are easier to process and track
Non-PO invoices can be more complex ...read more
Q12. Recent example of Money laundering?
Danske Bank money laundering scandal
Danske Bank's Estonian branch was involved in a money laundering scandal
Around €200 billion was laundered through the branch between 2007 and 2015
The scandal led to the resignation of the bank's CEO and several other executives
Investigations are ongoing in several countries, including Denmark, Estonia, and the US
Q13. Define banking ?
Banking is the business activity of accepting and safeguarding money owned by other individuals and entities.
Banks accept deposits from customers and use those funds to make loans and investments.
They provide various financial services such as checking accounts, savings accounts, loans, credit cards, and investment products.
Banks also play a crucial role in the economy by facilitating the flow of money and credit.
Examples of banks include JPMorgan Chase, Bank of America, Well...read more
Q14. comfortable for night shifts
Yes, I am comfortable with night shifts and have experience working during those hours.
I have worked night shifts in my previous job and have adapted to the schedule
I am a night owl and prefer working during those hours
I understand the importance of being alert and focused during night shifts
I am willing to adjust my sleep schedule to accommodate night shifts
Q15. What is insurance?
Insurance is a financial protection against potential losses or risks.
Insurance is a contract between an individual or entity and an insurance company where the individual/entity pays a premium in exchange for financial protection against potential losses or risks.
Types of insurance include health insurance, life insurance, auto insurance, home insurance, and more.
Insurance helps individuals and businesses manage risks by providing financial compensation in case of unexpected...read more
Q16. What is Auto claims?
Auto claims refer to insurance claims made for damages or injuries resulting from automobile accidents.
Auto claims involve filing a claim with an insurance company after a car accident.
The insurance company assesses the damages and determines the coverage based on the policy.
Examples of auto claims include claims for vehicle repairs, medical expenses, and property damage.
Auto claims can also involve disputes over fault and coverage between parties involved in the accident.
Q17. What is claims?
Claims are requests made by individuals or healthcare providers to insurance companies for payment of services rendered.
Claims are typically submitted by healthcare providers to insurance companies for reimbursement of medical services provided to patients.
Claims can also be submitted by individuals for reimbursement of out-of-pocket expenses related to healthcare services.
Insurance companies review claims to determine coverage eligibility and process payments accordingly.
Q18. what is dhcp server
DHCP server assigns IP addresses to devices on a network automatically.
Automatically assigns IP addresses to devices on a network
Helps in managing and organizing IP addresses efficiently
Reduces the need for manual configuration of IP addresses
Example: When a new device connects to a network, DHCP server assigns it an IP address
Q19. which priveds ip add
The question seems to be asking about what provides IP addresses.
IP addresses are provided by Internet Service Providers (ISPs)
Devices on a network can also assign IP addresses through DHCP (Dynamic Host Configuration Protocol)
IP addresses can be manually assigned as well
More about working at Genpact










Top HR Questions asked in Genpact Associate
Interview Process at Genpact Associate

Top Associate Interview Questions from Similar Companies








Reviews
Interviews
Salaries
Users/Month

