Monexo Fintech Assistant Product Manager Interview Questions and Answers for Freshers

Q1. About experience and work profile
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Q1. About salary, position and working location
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Q1. What is the difference between secured and unscured loan
Ans. 
Secured loans are backed by collateral, while unsecured loans are not.
• Secured loans require collateral to secure the loan, such as a house or car

• Unsecured loans do not require collateral and are based on the borrower's creditworthiness

• Secured loans typically have lower interest rates due to the lower risk for the lender

• Examples of secured loans include mortgages and auto loans, while credit cards and personal loans are
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Q2. How many types of loans are there.
Ans. 
There are several types of loans including personal loans, home loans, auto loans, student loans, and business loans.
• Personal loans

• Home loans

• Auto loans

• Student loans

• Business loans
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Q1. What are the basic documents required to process a Business loan.
Ans. 
Basic documents for a business loan include financial statements, business plan, credit history, and personal identification.
• Financial statements (income statement, balance sheet, cash flow statement)

• Business plan outlining the purpose of the loan and how it will be used

• Credit history of the business and its owners

• Personal identification documents (such as driver's license or passport)

• Collateral documents (if applicabl
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Q2. What is 15% of 2 lakhs.
Ans. 
15% of 2 lakhs is 30,000.
• Calculate 15% of 2 lakhs by multiplying 2,00,000 by 0.15

• 15% of 2 lakhs = 2,00,000 * 0.15 = 30,000
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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
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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...read more
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30 minutes Aptitude test

1 Hour 30 minutes on SQL screening test

- There were 2 had questions majorly about DP, code link was shared.

The aptitude round consists of approx 20 q's, out of which half the q's were based on LR and aptitude and half based on computer fundamentals.

The coding test consisted of 4 q's. The selection criteria was to complete at least 3 q's.

Q1. Tell me something about yourself
Ans. 
I am a passionate software engineer with experience in developing web applications using various technologies.
• Experienced in developing web applications using HTML, CSS, JavaScript, and frameworks like React and Angular

• Proficient in backend development with Node.js and databases like MongoDB and MySQL

• Familiar with version control systems like Git and project management tools like Jira
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Q2. Questions on React.js, as i had build projects using react.js.
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Q1. Are you comfortable working late hours?
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Q2. Yes, Because I complete my work with dedication and commitment.
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