KPMG India Interview Questions, Process, and Tips

Q1. What is RISK ?
Ans. 
Risk is the potential of gaining or losing something of value.
• Risk is the uncertainty of outcome.

• It involves the possibility of a negative or positive result.

• Risk can be managed through strategies like risk mitigation and risk transfer.

• Examples of risks include financial risk, health risk, and project risk.
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Q2. What is Vulnerability?
Ans. 
Vulnerability is the state of being open to harm, attack, or damage.
• Vulnerability refers to the susceptibility to physical, emotional, or psychological harm.

• It can also refer to weaknesses or gaps in security systems that can be exploited by attackers.

• Being vulnerable can also mean being open and honest about one's feelings or struggles.

• Examples include a child being vulnerable to bullying, a computer system vulnerable...read more
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Q1. What is lacking in current cyber lanscape.
Ans. 
Lack of proactive measures, shortage of skilled professionals, and increasing sophistication of cyber threats are major issues in the current cyber landscape.
• Lack of proactive measures to prevent cyber attacks

• Shortage of skilled professionals in the cybersecurity field

• Increasing sophistication of cyber threats such as ransomware and phishing attacks
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Q1. What is your work experience? Educational qualification
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Q1. What is transfer pricing? Which forms are used for filing? Methods in transfer pricing
Ans. 
Transfer pricing is the setting of prices for goods and services sold between related entities within an organization.
• Transfer pricing is used to determine the prices at which goods and services are transferred between related entities within a company.

• Forms such as Form 5471, Form 8865, and Form 8858 are commonly used for filing transfer pricing documentation.

• Common methods in transfer pricing include comparable uncon...read more
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Q2. Methods in transfer pricing
Ans. 
Transfer pricing methods are used to determine the price at which goods and services are transferred between related entities.
• Transfer pricing methods include comparable uncontrolled price, resale price, cost plus, and transactional net margin methods.

• The choice of method depends on the nature of the transaction and the availability of data.

• Each method has its own set of criteria and requirements for application.

• The ar...read more
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Q3. What is form 3CEB
Ans. 
Form 3CEB is a report that must be filed by certain taxpayers in India to provide details of international transactions.
• Form 3CEB is required to be filed by taxpayers who have entered into specified international transactions.

• It must be filed by taxpayers whose total international transactions exceed a specified monetary limit.

• The form requires detailed information about the nature of transactions, parties involved, an...read more
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It was about aptitude test and all was ok. but after 2 rounds you start losing patience

It was fun, new assignments and new projects. all good

It's theory test timer will be settled it's 20 minutes we need to understand the concept of the theory we need to right plausibllity on the case
End of the case will be given unique word that should be will be impact your impression on reviewer

Q1. Operation will be going handle the round the questions will be about the process and they will ask some situations questions based on process if we good grip on subject that could be very easy to crack the...read more
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Q2. My process will be aml/kyc 1 Breif the edd customer Breif the cdd customer
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