Growth Central VC Management Intern Interview Questions and Answers

It was a case study discussion where we were given a case to study and discuss among other participants.

Q1. Introduce yourself ?
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Q2. What is the classification of NPA in banks?
Ans. 
NPA in banks are classified into three categories based on the period of non-payment.
• NPA stands for Non-Performing Asset.

• The classification of NPA is based on the period of non-payment - sub-standard, doubtful, and loss.

• Sub-standard assets are those which have remained NPA for a period less than or equal to 12 months.

• Doubtful assets are those which have remained in the sub-standard category for a period of 12 months.

• Lo...read more
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Q3. What are the different types of accounts in a bank?
Ans. 
There are several types of accounts in a bank, including savings, checking, money market, and certificate of deposit (CD) accounts.
• Savings accounts are designed for customers to save money and earn interest on their deposits.

• Checking accounts are used for everyday transactions such as paying bills and making purchases.

• Money market accounts offer higher interest rates than savings accounts but require higher minimum bal...read more
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Q4. What is the difference between saving and a current account?
Ans. 
Saving account is for saving money and earning interest while current account is for frequent transactions.
• Saving account is meant for saving money and earning interest on it.

• Current account is meant for frequent transactions and does not earn interest.

• Saving account has a limit on the number of transactions per month while current account does not.

• Saving account usually has a higher interest rate than current account.

• ...read more
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Q5. What is the current repo rate?
Ans. 
The current repo rate in India is 4.00%.
• The Reserve Bank of India (RBI) reduced the repo rate by 115 basis points in 2020 to support the economy during the COVID-19 pandemic.

• Repo rate is the rate at which RBI lends money to commercial banks.

• A lower repo rate makes borrowing cheaper for banks, which can then pass on the benefits to customers by reducing interest rates on loans.

• The current reverse repo rate is 3.35%, whi...read more
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Q1. Gl process making strategy
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Q2. Best gl team role
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Q1. Gl manage process flow
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Q2. Record to report process flow
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GD was related to introducing ourselves

Q1. Tell me about yourself
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Q2. Porter's 5 forces
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Q1. Basic hr question
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Q2. Tell me about yourself
Ans. 
I am a recent graduate with a degree in Business Administration and a passion for leadership and problem-solving.
• Graduated with a degree in Business Administration

• Passionate about leadership and problem-solving

• Completed internships in marketing and finance

• Involved in student organizations such as the Business Club
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Q3. Why you want to join tcs
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I want to join TCS because of its reputation for innovation, global presence, and opportunities for growth.
• TCS is known for its cutting-edge technology solutions and innovation in the IT industry

• TCS has a strong global presence with offices in multiple countries, providing opportunities for international exposure

• TCS offers a structured career growth path with opportunities for learning and development

• I admire TCS's com...read more
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Q4. Future and option
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Q5. Explain balance sheet
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• Balance sheet provides a snapshot of a company's financial position

• It consists of three main components: assets, liabilities, and shareholders' equity

• Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two

• The balance sh...read more
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Q6. Income statement
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Q1. What's the industry overview?
Ans. 
The industry overview of Management Consulting involves providing strategic advice to organizations to improve performance and efficiency.
• Management consultants work with clients across various industries to solve complex business problems.

• They analyze data, develop recommendations, and help implement solutions.

• Key focus areas include strategy, operations, technology, and organizational structure.

• Examples of top manage...read more
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Q2. How will you plan launch of a new brand?
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Q1. What are your strengths?
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Q2. Where do you see yourself in 5 years?
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60 minute test requiring 60 % accuracy

Q1. Introduce yourself
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It is the Coding test

Q1. Talk about your knowledge
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Q2. What the KPI And what is ERP, give me one example
Ans. 
KPI stands for Key Performance Indicator, which are measurable values that demonstrate how effectively a company is achieving key business objectives. ERP stands for Enterprise Resource Planning, which is a software system that integrates various functions of an organization.
• KPIs are used to evaluate the success of an organization in reaching its strategic and operational goals

• Examples of KPIs include revenue growth, c...read more
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Q3. Introduce yourself
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Q4. What is process mining
Ans. 
Process mining is a technique used to analyze business processes by examining event logs to identify patterns, trends, and areas for improvement.
• Process mining involves extracting insights from event logs to understand how processes are actually being executed.

• It helps identify bottlenecks, inefficiencies, and deviations from the intended process flow.

• By visualizing the process flow, organizations can optimize processe...read more
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Q5. What the benefits of using celonis platform
Ans. 
Celonis platform offers benefits such as process optimization, real-time insights, and automation.
• Process optimization: Celonis helps identify inefficiencies in processes and suggests improvements.

• Real-time insights: Users can track and analyze processes in real-time, allowing for quick decision-making.

• Automation: Celonis automates repetitive tasks, saving time and reducing errors.

• Improved transparency: Provides a clea...read more
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