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M1xchange Interview Questions, Process, and Tips
Top M1xchange Interview Questions and Answers
- Q1. What is Bill Discounting?asked in Business Development Manager interview
- Q2. Similar market players / TReDS platform detailsasked in Vice President (VP) interview
- Q3. 1. Write a program to print hollow rectangle pattern 2. WAP to explain Mapsasked in Software Developer interview
M1xchange Interview Experiences
3 interviews found
Anonymous
Selected
I applied via Approached by Company and was interviewed in Sep 2023. There were 3 interview rounds.
It was a HackerRank round of comprehensive technical test.
(1 Question)
- Q1. 1. Write a program to print hollow rectangle pattern 2. WAP to explain Maps
- Ans.
Program to print hollow rectangle pattern and explanation of Maps
Use nested loops to print the rectangle pattern with conditions for hollow spaces
Explain Maps as a collection of key-value pairs where each key is unique
Show how to use Maps in Java with examples like HashMap or TreeMap
Interview Preparation Tips
- Programming
Skills evaluated in this interview
Software Developer Interview Questions asked at other Companies
I applied via LinkedIn and was interviewed in Jan 2021. There were 6 interview rounds.
Interview Questionnaire
5 Questions
- Q1. What is Bill Discounting?
- Ans.
Bill discounting is a financing method where a bank or financial institution purchases a company's unpaid invoices at a discount.
It is a short-term financing method
The bank or financial institution pays the company a percentage of the invoice value upfront
The bank or financial institution collects the full invoice amount from the customer
The difference between the upfront payment and the full invoice amount is the bank...
- Q2. Tell me more about M1xchange.
- Ans.
M1xchange is a digital platform for invoice discounting and factoring.
M1xchange provides a platform for MSMEs to get their invoices financed by banks and financial institutions.
It helps in improving cash flow for businesses by providing quick access to funds.
M1xchange also offers services like credit assessment, risk management, and dispute resolution.
The platform is secure and transparent, ensuring timely payments and...
- Q3. Your strength
- Q4. Your skills
- Q5. Salary exceptions
Interview Preparation Tips
Business Development Manager Interview Questions asked at other Companies
I applied via Recruitment Consultant and was interviewed before Feb 2020. There was 1 interview round.
Interview Questionnaire
4 Questions
- Q1. Individual (primarily) & Team deliverables
- Q2. Banking / Supply Chain Finance knowledge
- Q3. Similar market players / TReDS platform details
- Ans.
TReDS platforms are digital platforms that enable MSMEs to get financing against their receivables from large corporates.
TReDS stands for Trade Receivables Discounting System
It is a digital platform that enables MSMEs to get financing against their receivables from large corporates
It helps in reducing the working capital cycle for MSMEs
Some of the popular TReDS platforms in India are M1xchange, Invoicemart, and RXIL
- Q4. Previous experience in handling large corporates
Vice President (VP) Interview Questions asked at other Companies
Jobs at M1xchange
Interview questions from similar companies
I applied via Recruitment Consultant and was interviewed before Jan 2021. There were 4 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Questions related to SQL
- Q2. Analytical Based Use cases
Interview Preparation Tips
(2 Questions)
- Q1. What is Vector? How it is different from arrays?
- Ans.
Vector is a dynamic array that can resize itself. It differs from arrays in its ability to change size during runtime.
Vectors are implemented as dynamic arrays, whereas arrays are static.
Vectors can resize themselves during runtime, whereas arrays have a fixed size.
Vectors can be used to store objects of any type, whereas arrays can only store objects of a specific type.
Vectors have built-in functions for easy manipula
- Q2. What is an abstract class?
- Ans.
An abstract class is a class that cannot be instantiated and is used as a base class for other classes.
An abstract class can have abstract and non-abstract methods.
Abstract methods are declared but not implemented in the abstract class.
A non-abstract class that inherits from an abstract class must implement all abstract methods.
An abstract class can have constructors and fields like a regular class.
An abstract class ca...
Interview Preparation Tips
Skills evaluated in this interview
I applied via Referral
30 minutes Aptitude test
1 Hour 30 minutes on SQL screening test
Selected
I applied via Referral and was interviewed before May 2023. There was 1 interview round.
- There were 2 had questions majorly about DP, code link was shared.
(1 Question)
- Q1. Working capital, financial ratios
Selected
I applied via Recruitment Consulltant and was interviewed before Jan 2023. There were 3 interview rounds.
2 leetcode medium questions were asked
(1 Question)
- Q1. 1 feature design end to end
- Ans.
Designing a feature for a social media platform to allow users to create and share photo albums.
Allow users to create and name albums
Provide an interface for users to upload and organize photos within albums
Implement privacy settings to control who can view and contribute to albums
Include features like tagging, commenting, and liking photos within albums
Enable users to share albums with others via links or social media
(1 Question)
- Q1. Basic hr questions
(1 Question)
- Q1. Design Zomato Ordering System
- Ans.
Design a Zomato Ordering System for online food delivery.
Allow users to browse restaurants and menus
Implement user authentication and profile management
Enable users to place orders and make payments online
Include features like order tracking and ratings/reviews
Integrate with restaurant partners for order fulfillment
Interview Preparation Tips
Skills evaluated in this interview
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M1xchange Interview Process
based on 4 interviews
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M1xchange Reviews and Ratings
based on 14 reviews
Rating in categories
12-15 Yrs
Not Disclosed
|
Assistant Manager
12
salaries
|  ₹4.2 L/yr - ₹8 L/yr |
|
Software Developer
8
salaries
| ₹8 L/yr - ₹9.1 L/yr |
|
Senior Manager
6
salaries
| ₹12 L/yr - ₹13 L/yr |
|
Vendor Relationship Manager
5
salaries
| ₹3.8 L/yr - ₹4 L/yr |
|
Senior Software Engineer
5
salaries
| ₹10.8 L/yr - ₹18 L/yr |
Receivables Exchange of India
Invoicemart
KredX
Poonawalla Fincorp
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