Genpact Process Developer Interview Questions, Process, and Tips

Q1. Please share the information About Company?
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Q1. What are the AML Typology that have been reviewed by you.
Ans. 
I have reviewed various AML typologies including structuring, smurfing, and trade-based money laundering.
• Structuring

• Smurfing

• Trade-based money laundering
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Q1. What is the difference between AR & AP?
Ans. 
AR stands for Accounts Receivable, which refers to the money owed to a company by its customers. AP stands for Accounts Payable, which refers to the money a company owes to its suppliers.
• AR is the money owed to a company by its customers, while AP is the money a company owes to its suppliers.

• AR represents the sales made by a company that are yet to be paid for, while AP represents the purchases made by a company that a...read more
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Technical Round Accounts

Q1. Self introduction
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Q1. Process Developer
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Accounts payable Genpact

Easy exam, focus on the details

Q1. Tell me about yourself
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Q1. Tell me about secured loans
Ans. 
Secured loans are loans that are backed by collateral, such as a car or house, reducing the risk for the lender.
• Secured loans typically have lower interest rates compared to unsecured loans.

• If the borrower fails to repay the loan, the lender can seize the collateral to recoup their losses.

• Common examples of secured loans include mortgages and auto loans.
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