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Mahindra Finance
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Mahindra Finance Accounts Officer Interview Questions, Process, and Tips
Mahindra Finance Accounts Officer Interview Experiences
1 interview found
Anonymous
(5 Questions)
- Q1. GST related question
- Q2. What is Composite supply & mix supply
- Ans.
Composite supply is a supply consisting of two or more taxable supplies of goods or services or both, which are naturally bundled and supplied in conjunction with each other.
Composite supply involves multiple taxable supplies bundled together as a single supply.
It is treated as a single supply for tax purposes.
The tax rate applicable to the principal supply is applied to the entire composite supply.
Example: A laptop so...
- Q3. What is composition scheme
- Ans.
Composition scheme is a simplified tax scheme for small businesses with turnover below a certain threshold.
Available for businesses with turnover below a certain threshold
Allows for simplified tax calculations and compliance
Businesses under composition scheme cannot collect tax from customers
Quarterly filing of returns instead of monthly
Example: In India, businesses with turnover up to Rs. 1.5 crore can opt for composi
- Q4. What is reverse charge macanizem
- Ans.
Reverse charge mechanism is a system where the recipient of the goods or services is liable to pay the tax instead of the supplier.
Under reverse charge mechanism, the recipient of the goods or services is responsible for paying the tax to the government instead of the supplier.
This mechanism is commonly used in cases where the supplier is not registered for GST or is an unregistered dealer.
It helps in preventing tax ev...
- Q5. What is tntra state sale and inter state sale about GST
- Ans.
Intra-state sale refers to sale of goods within the same state, while inter-state sale refers to sale of goods between different states under GST.
Intra-state sale is subject to CGST and SGST/UTGST, while inter-state sale is subject to IGST.
Intra-state sale occurs when both the seller and buyer are located in the same state.
Inter-state sale occurs when the seller and buyer are located in different states.
Example of intr...
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Interview Questionnaire
1 Question
- Q1. Where do you see yourself in next five years
I applied via Referral and was interviewed before Nov 2021. There were 2 interview rounds.
(2 Questions)
- Q1. How can i sustain in market to achieve more sales
- Ans.
To sustain in the market and achieve more sales, businesses can focus on customer satisfaction, innovation, marketing strategies, and competitive pricing.
Prioritize customer satisfaction by providing excellent products and services
Continuously innovate and improve products to meet changing customer needs
Implement effective marketing strategies to reach and attract target customers
Offer competitive pricing to attract pr...
- Q2. Personal details family previous experience details..etc
Interview Preparation Tips
- Computers
- Market scope
- General knowledge
I applied via Naukri.com and was interviewed in Nov 2019. There were 4 interview rounds.
Interview Questionnaire
4 Questions
- Q1. First level practical development questions?
- Q2. Second level one to one Technical : 1.explain the project with layer by layer 2. Real time example questions ask our development area.
- Q3. 3rd level: One to one with Team TL?Team management questions based on our experience they asked.
- Q4. 4th round ; HR round for salary discussion
Interview Preparation Tips
Selected
I applied via Referral and was interviewed before Dec 2022. There were 2 interview rounds.
(2 Questions)
- Q1. What you know about gold? There purity and what you knw about manappuram and how u will convince ur customer in there difficult
- Ans.
Gold is a precious metal known for its purity and value. Manappuram is a leading gold loan company in India.
Gold is a precious metal with high value and is often used for jewelry and investment.
The purity of gold is measured in karats, with 24 karat gold being the purest.
Manappuram is a well-known gold loan company in India, providing financial assistance to customers by accepting gold as collateral.
To convince custome...
- Q2. 91.6 and other purity
Selected
I applied via Referral and was interviewed in May 2023. There was 1 interview round.
(3 Questions)
- Q1. Previous company , Work , product knowledge
- Q2. Location knowledge
- Q3. Family, salary expectations
Interview Preparation Tips
Selected
I applied via Company Website and was interviewed before Jun 2023. There was 1 interview round.
(1 Question)
- Q1. Overall experience
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. What is full form of kyc
- Ans.
KYC stands for Know Your Customer.
KYC is a process of verifying the identity of a customer.
It is mandatory for financial institutions to perform KYC before opening an account.
KYC helps in preventing fraud and money laundering.
Documents like Aadhaar card, PAN card, passport, etc. are used for KYC.
KYC is also required for getting a SIM card or buying insurance.
Selected
I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.
(2 Questions)
- Q1. What is RD? Difference between RD and FD .
- Ans.
RD stands for Recurring Deposit. RD is a type of investment scheme offered by banks where a fixed amount is deposited at regular intervals for a predetermined period of time. FD stands for Fixed Deposit. FD is a type of investment scheme offered by banks where a lump sum amount is deposited for a fixed period of time.
RD is a recurring deposit scheme where a fixed amount is deposited at regular intervals, usually monthl...
- Q2. What is FD ? What's the difference between RD and FD.
- Ans.
FD stands for Fixed Deposit. RD stands for Recurring Deposit.
FD is a type of investment where a fixed amount of money is deposited for a fixed period of time at a fixed interest rate.
RD is a type of investment where a fixed amount of money is deposited at regular intervals for a fixed period of time at a fixed interest rate.
FD offers a higher interest rate compared to RD.
In FD, the entire amount is deposited at once, w...
Interview Preparation Tips
- Corporate Finance
(2 Questions)
- Q1. Describe about your self
- Q2. Experience past
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Mahindra Finance Accounts Officer Interview Process
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