Genpact Domain Trainee Interview Questions, Process, and Tips

Q1. What are your Key Result Areas (KRAs)?
Ans. 
Key Result Areas (KRAs) are specific areas of your job responsibilities that are crucial for achieving success.
• Setting and achieving sales targets

• Developing and implementing marketing strategies

• Managing client relationships

• Training and mentoring new team members
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Q2. Can you describe your job responsibilities?
Ans. 
As a Domain Trainee, my job responsibilities include learning about the specific industry domain, understanding the key concepts and trends, and applying this knowledge to support projects and initiatives.
• Researching and studying industry-specific information

• Attending training sessions and workshops to deepen domain knowledge

• Collaborating with team members to apply domain expertise to projects

• Analyzing data and trends ...read more
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Q1. Tell me about your self
Ans. 
I am a recent graduate with a strong interest in the real estate industry and a passion for learning and growth.
• Recent graduate with a degree in real estate

• Passionate about learning and growth

• Strong interest in the real estate industry
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Q2. Tds and about your resume
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Q3. Accounting principle
Ans. 
Accounting principle refers to the rules and guidelines that companies must follow when preparing financial statements.
• Accounting principles ensure consistency and accuracy in financial reporting

• Examples include the matching principle, revenue recognition principle, and historical cost principle

• These principles help investors and stakeholders make informed decisions based on financial information
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Q4. Ind As 116 and 115
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Q5. Reconciliation and audit
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Q1. Tell me about yourself.
Ans. 
I am a recent graduate with a passion for learning and a strong interest in the real estate industry.
• Graduated with a degree in Business Administration

• Completed internships at real estate companies

• Strong communication and analytical skills

• Keen interest in market trends and property valuation
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Q2. Knowledge about the process
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Q1. Knowledge about the process
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Q2. Previous company work and knowledge
Ans. 
I have previous experience working as a data analyst at XYZ company where I gained knowledge in data processing and analysis.
• Worked as a data analyst at XYZ company

• Gained knowledge in data processing and analysis

• Utilized tools such as Excel, SQL, and Tableau for data analysis

• Collaborated with cross-functional teams to interpret data and provide insights
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Q1. What do you understand by Accruals and Defferals?
Ans. 
Accruals and deferrals are accounting adjustments made to ensure expenses and revenues are recognized in the correct accounting period.
• Accruals involve recognizing revenues or expenses before cash is exchanged.

• Deferrals involve recognizing revenues or expenses after cash is exchanged.

• Accruals and deferrals help match expenses and revenues to the period in which they are incurred or earned.

• Examples of accruals include a...read more
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Q2. What is Amortization?
Ans. 
Amortization is the process of spreading out loan payments over time, reducing the principal balance gradually.
• Amortization involves paying off a loan with regular payments that cover both principal and interest.

• Each payment reduces the principal balance, leading to a decrease in the amount of interest paid over time.

• Common examples of amortization include mortgages, car loans, and student loans.
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They share a data set in excel with me and asked me to find a a particular data corresponding to a lookup value