Groww Data Engineer Interview Questions and Answers

It is conducted using Hakerrank ,20-60 mins duration

Equity related then aptitude and grammer

Q1. What is promissory note?
Ans. 
A promissory note is a written promise to pay a specific amount of money at a certain time.
• It is a legal document that outlines the terms of a loan or debt.

• It includes the amount borrowed, interest rate, repayment schedule, and consequences of default.

• Examples include personal loans, student loans, and business loans.

• Promissory notes can be bought and sold as a form of investment.

• They are enforceable by law and can be
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Q2. What is bank reconciliation statement?
Ans. 
Bank reconciliation statement is a document that compares the bank statement with the company's accounting records.
• It helps to identify any discrepancies between the two records.

• It includes details of deposits, withdrawals, and bank charges.

• It ensures the accuracy of the company's financial records.

• It is usually prepared monthly.

• Example: If the bank statement shows a withdrawal of $100 but the company's records show a ...read more
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Q3. What do you mean by Payables turnover ratio?
Ans. 
Payables turnover ratio is a financial metric that measures how quickly a company pays off its suppliers.
• It is calculated by dividing the cost of goods sold by the average accounts payable balance.

• A high ratio indicates that a company is paying off its suppliers quickly, while a low ratio suggests that it is taking longer to pay its bills.

• The ratio can be used to assess a company's liquidity and its ability to manage i...read more
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Q1. How do you deal with monotonous work?
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Q2. Features of promissory note.
Ans. 
A promissory note is a legal document that contains a promise to pay a specific amount of money to a person or entity.
• It is a written promise to pay a debt

• It includes the names of the parties involved

• It specifies the amount of money to be paid

• It outlines the terms of repayment, including interest rates and due dates

• It can be secured or unsecured

• It can be negotiable or non-negotiable
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Financial statement, equity capital structure, EPS, WASO

Q1. What is EPS and WASO, market cap.
Ans. 
EPS stands for Earnings Per Share, WASO stands for Weighted Average Shares Outstanding, and market cap is the total value of a company's outstanding shares.
• EPS is a financial metric that represents the portion of a company's profit allocated to each outstanding share of common stock.

• WASO is the number of shares a company has issued and is used to calculate EPS.

• Market cap is calculated by multiplying a company's current...read more
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Q2. What is Bond and its importance?
Ans. 
A bond is a fixed income investment where an investor loans money to an entity which borrows the funds for a defined period of time at a variable or fixed interest rate.
• Bonds are issued by governments, municipalities, corporations, and other entities to raise capital.

• Investors purchase bonds as a way to earn interest income while preserving capital.

• The importance of bonds lies in their role as a source of funding for o...read more
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Q3. What is Goodwill and where its reported?
Ans. 
Goodwill is an intangible asset that represents the excess of the purchase price over the fair market value of a company's net assets.
• Goodwill is reported on the balance sheet as a non-current asset.

• It is not amortized but tested for impairment annually.

• Goodwill can arise from acquisitions of other companies or from internal business development.

• If the fair market value of the acquired company's net assets is higher th...read more
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Q1. Are you comfortable in all shift?
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