MAS Financial Services Legal Officer Interview Questions and Answers

Q1. Asked questions related to different laws applicable in coperate sectors,eg.NIA, ARBITRATION AND CONCILIATIONS ACT, SARFASI ACT,CrPC.etc
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Q2. Law related process for filling sec.156(3) police complaint sec.202
Ans. 
The process for filing a police complaint under section 156(3) of the law, as per section 202.
• Section 156(3) of the law allows a Magistrate to order an investigation into a complaint.

• Section 202 requires the Magistrate to inquire into the case before deciding whether an investigation is necessary.

• To file a police complaint under section 156(3), the complainant must approach the Magistrate with a written application.

• The...read more
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What your expecting on me..

Q1. What your expecting on me.?
Ans. I am intrested to work & enjoying my pressure of job world.
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Q2. Strong counselling
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Q3. Positive attitude
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Q4. Problem solving ability
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Q5. Good in building & maintaining relationships
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Q1. Regarding stamp duty, ownership documents etc etc...
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Q1. Expectations n all..
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Q1. I was asked about myself.later my work experience.later hr asked me about salary and negotiation happened and then offer letter.
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Q1. Related to Land Laws
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Q2. Documentation of bank loan
Ans. 
Documentation of bank loan involves gathering and organizing all necessary paperwork for a loan application.
• Gather personal identification documents such as driver's license, passport, or social security card.

• Collect proof of income such as pay stubs, tax returns, or bank statements.

• Provide documentation of assets and liabilities, including property deeds, car titles, and credit card statements.

• Include any additional d...read more
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Q1. What do you know about property search.
Ans. 
Property search involves conducting research and investigation to gather information about a specific property.
• Property search is a process of gathering information about a property's ownership, history, and legal status.

• It typically involves searching public records, such as land registries, to obtain details about the property.

• The search may include information about past sales, mortgages, liens, easements, and other...read more
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Q2. What document require to fund the property
Ans. 
The document required to fund a property depends on the type of funding and the jurisdiction. Generally, a loan agreement, mortgage deed, and property valuation report are common documents.
• Loan agreement: A legal document outlining the terms and conditions of the loan.

• Mortgage deed: A document that creates a lien on the property as security for the loan.

• Property valuation report: An assessment of the property's value c...read more
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Q1. What is your package
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Q2. What is your experience
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Q3. What is your qualifications
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