Ibg Fincon Solutions Branch Relationship Officer Interview Questions and Answers for Freshers

Q1. Basic tax related questions
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Q1. Difference between GAAP and GAAS
Ans. 
GAAP is a set of accounting standards used in the US, while GAAS is a set of auditing standards used by auditors.
• GAAP (Generally Accepted Accounting Principles) are a set of accounting standards used to prepare financial statements in the US.

• GAAS (Generally Accepted Auditing Standards) are a set of standards used by auditors to conduct audits of financial statements.

• GAAP focuses on how financial information is recorded...read more
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Q2. Difference between IFRS and IAS
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IFRS and IAS are both accounting standards, with IFRS being more comprehensive and globally accepted.
• IFRS (International Financial Reporting Standards) is a set of accounting standards developed by the International Accounting Standards Board (IASB).

• IAS (International Accounting Standards) were the older set of standards issued by the International Accounting Standards Committee (IASC), which have now been replaced by ...read more
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Q1. Difference between GAAP and GAAS
Ans. 
GAAP is accounting principles used for financial reporting, while GAAS is auditing standards used for auditing financial statements.
• GAAP (Generally Accepted Accounting Principles) are a set of accounting standards used for preparing financial statements.

• GAAS (Generally Accepted Auditing Standards) are a set of standards used for auditing financial statements to ensure accuracy and reliability.

• GAAP focuses on the prepar...read more
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Q1. Derscirbe yourself
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I am a dedicated and experienced professional with a strong work ethic and a passion for achieving results.
• Experienced in leading teams and managing projects

• Strong communication and interpersonal skills

• Proven track record of meeting deadlines and exceeding goals
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Q2. Question about IND As
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Q1. GST related Gst 3b, gst rules, compliance
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Q1. 3 rounds of interviews
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Q2. How would you scale a transport aggregator to maximise profit for driver
Ans. 
To scale a transport aggregator for maximizing profit for drivers, focus on increasing the number of rides, optimizing routes, implementing dynamic pricing, and providing incentives for high performance.
• Increase the number of rides by expanding the customer base through marketing and partnerships.

• Optimize routes to reduce idle time and fuel consumption, leading to more efficient use of drivers' time.

• Implement dynamic p...read more
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System design questions related to scale

Q1. Technical questions on Python
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Q2. Technical questions on Python
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