Metrochem Industries Junior Executive Interview Questions and Answers

The tests often take 30 minutes, and frequently there are network issues that require you to restart your test multiple times.

Q1. What is the full form of KYC?
Ans. 
KYC stands for Know Your Customer, a process used by businesses to verify the identity of their clients.
• KYC is a regulatory requirement in many industries, including banking and financial services.

• It involves collecting personal information from customers to prevent fraud and money laundering.

• Examples of KYC documents include government-issued IDs, utility bills, and bank statements.
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Q2. What is your understanding of the basics of interest rates?
Ans. 
Interest rates represent the cost of borrowing money or the return on investment, influenced by factors like inflation and central bank policies.
• Interest rates are the cost of borrowing money, typically expressed as a percentage of the principal loan amount.

• They also represent the return on investment for savings or investments.

• Interest rates are influenced by factors such as inflation, central bank policies, economic ...read more
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It contains questions similar to those found in CAT exams, including basic questions and general knowledge related to NBFC companies.