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Malhar Fashion Finance Intern Interview Questions, Process, and Tips

Updated 17 Nov 2024

Malhar Fashion Finance Intern Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Walk-in and was interviewed before Nov 2023. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. What is reconciliation?
  • Ans. 

    Reconciliation is the process of comparing two sets of records to ensure they are in agreement and resolving any discrepancies.

    • Reconciliation involves matching transactions or balances between different accounts or systems.

    • It helps identify errors, fraud, or missing transactions.

    • Examples include bank reconciliation, where you compare your bank statement with your own records to ensure they match.

    • Another example is inve...

  • Answered by AI
  • Q2. How to do it?
  • Q3. What is tdsand how can we calculated?
  • Ans. 

    TDS stands for Tax Deducted at Source. It is a tax deduction made at the time of payment.

    • TDS is deducted by the payer and deposited with the government on behalf of the payee.

    • The rate of TDS varies depending on the type of payment and the nature of the transaction.

    • TDS can be calculated by applying the applicable TDS rate on the total payment amount.

    • For example, if the TDS rate is 10% and the payment amount is $1,000, t

  • Answered by AI
  • Q4. Give some examples oftds calculate
  • Ans. 

    Examples of TDS calculation

    • TDS on salary can be calculated by considering the income tax slab rates applicable to the individual

    • TDS on interest income can be calculated by applying the specified TDS rate on the interest earned

    • TDS on rent can be calculated by applying the TDS rate on the total rent amount paid

    • TDS on professional fees can be calculated by applying the TDS rate on the total fees paid

  • Answered by AI
  • Q5. What is golden rule
  • Ans. 

    The golden rule is a moral principle that states one should treat others as one would like others to treat oneself.

    • Treat others the way you want to be treated

    • It emphasizes empathy and compassion towards others

    • Found in various religions and philosophies

    • Example: If you want people to be honest with you, you should also be honest with them

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - It is godd

Interview questions from similar companies

I applied via Naukri.com and was interviewed in Dec 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(3 Questions)

  • Q1. Comfortable with work location?
  • Ans. 

    Yes, I am comfortable with the work location.

    • I am familiar with the work location and have no issues commuting to it.

    • I have researched the work location and it seems convenient for me.

    • I have previously worked in a similar location and had no problems.

    • I am open to adapting to new work environments and locations.

  • Answered by AI
  • Q2. What is your expected CTC?
  • Ans. 

    I expect a competitive salary based on my qualifications, experience, and the responsibilities of the role.

    • I am looking for a salary that reflects my skills and expertise in the field of accounts and finance.

    • I would like to be compensated fairly for the responsibilities and tasks associated with the position.

    • Considering my experience and the market standards, I expect a salary in the range of X to Y.

    • I am open to negoti...

  • Answered by AI
  • Q3. Give me your introduction.
  • Ans. 

    I am an experienced Accounts & Finance Executive with a strong background in financial management and analysis.

    • I have a Bachelor's degree in Accounting and Finance from XYZ University.

    • I have worked for 5 years in the finance department of ABC Company, where I managed financial records, prepared financial statements, and conducted financial analysis.

    • I am proficient in using accounting software such as QuickBooks and Exc...

  • Answered by AI
Round 3 - Technical 

(5 Questions)

  • Q1. Describe Vlookup function in excel.
  • Ans. 

    Vlookup is a function in Excel used to search for a specific value in a table and return a corresponding value from another column.

    • Vlookup stands for 'Vertical Lookup'

    • It is used to search for a specific value in the first column of a table

    • It returns a corresponding value from another column in the same row

    • It is commonly used for data analysis and management

    • Syntax: =VLOOKUP(lookup_value, table_array, col_index_num, [ran...

  • Answered by AI
  • Q2. What is the use of Pivot Table in Excel?
  • Ans. 

    Pivot Table is used to summarize, analyze and present large amounts of data in a structured manner.

    • It helps in creating reports and charts from complex data sets.

    • It allows users to quickly and easily summarize and analyze large amounts of data.

    • It provides a flexible way to view data from different angles.

    • It can be used to group, filter, and sort data based on various criteria.

    • It is a powerful tool for data analysis and

  • Answered by AI
  • Q3. What are the methods of depriciation?
  • Ans. 

    Depreciation methods include straight-line, declining balance, sum-of-the-years' digits, and units of production.

    • Straight-line method charges an equal amount of depreciation each year.

    • Declining balance method charges a higher rate of depreciation in the early years of an asset's life.

    • Sum-of-the-years' digits method charges a higher amount of depreciation in the early years of an asset's life.

    • Units of production method ...

  • Answered by AI
  • Q4. Describe GST Compliances and due dates for GSTR 1, 3B and 2A.
  • Ans. 

    GST compliances include filing of GSTR 1, 3B and 2A with specific due dates.

    • GSTR 1 is filed monthly or quarterly depending on the turnover of the business.

    • Due date for GSTR 1 is 11th of the following month for monthly filers and 13th for quarterly filers.

    • GSTR 3B is filed monthly and due date is 20th of the following month.

    • GSTR 2A is an auto-populated form and due date is not applicable as it is for reference purposes o

  • Answered by AI
  • Q5. What is TDS? Describe section 192 C of TDS.
  • Ans. 

    TDS stands for Tax Deducted at Source. Section 192 C of TDS pertains to TDS on payment of arrears.

    • TDS is a tax collection mechanism where tax is deducted at the source of income.

    • Section 192 C of TDS deals with TDS on payment of arrears.

    • Arrears refer to the payment of salary or other dues that were not paid in the previous financial year.

    • The employer is required to deduct TDS on such arrears at the time of payment.

    • The r...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Bazar India Accounts & Finance Executive interview:
  • Excel
  • Journal entries
  • TDS
  • Gst compliance
  • Golden rules of Accounting
  • Depriciation
Interview preparation tips for other job seekers - Be confident and prepare in advance for technical round.

Skills evaluated in this interview

Malhar Fashion Interview FAQs

How many rounds are there in Malhar Fashion Finance Intern interview?
Malhar Fashion interview process usually has 1 rounds. The most common rounds in the Malhar Fashion interview process are One-on-one Round.
What are the top questions asked in Malhar Fashion Finance Intern interview?

Some of the top questions asked at the Malhar Fashion Finance Intern interview -

  1. What is tdsand how can we calculat...read more
  2. What is reconciliati...read more
  3. Give some examples oftds calcul...read more

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