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Novopay Solutions Product Intern Interview Questions and Answers

Updated 21 Aug 2024

Novopay Solutions Product Intern Interview Experiences

1 interview found

Interview experience
2
Poor
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Regarding designing a business loan app

Round 2 - One-on-one 

(2 Questions)

  • Q1. Diff between nbfc and bank
  • Ans. 

    NBFCs are financial institutions that provide banking services without meeting the legal definition of a bank.

    • NBFCs cannot accept demand deposits like banks

    • NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself

    • NBFCs are not regulated as strictly as banks by the central bank

    • Examples of NBFCs include Bajaj Finance, Muthoot Finance, and L&T Finance

  • Answered by AI
  • Q2. Related to previous experience

Interview questions from similar companies

I applied via Naukri.com and was interviewed before Jun 2021. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Agile scrum Technical insights
  • Q2. Team Managemnt Conflict Managemnt

Interview Preparation Tips

Interview preparation tips for other job seekers - Please make sure what are you deliverables because the what they interview and what role you play would be different and CTO sucks
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
-

I applied via Job Portal and was interviewed in Mar 2024. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. What is most liked and disliked app on your phone?
  • Ans. 

    Most liked app is Spotify for music streaming, most disliked app is a productivity app with constant notifications.

    • Liked: Spotify for its vast music library and personalized playlists

    • Disliked: Productivity app with constant notifications disrupting focus

  • Answered by AI
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in May 2024. There was 1 interview round.

Round 1 - Assignment 

1. Guesstimates
2. RCA
3. Product Features

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

I applied via Referral and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. RCA - number of iphone users
  • Ans. 

    To determine the number of iPhone users, conduct Root Cause Analysis (RCA) by analyzing sales data, market research, and user surveys.

    • Analyze sales data from Apple to determine the number of iPhones sold

    • Conduct market research to estimate market share of iPhones compared to other smartphones

    • Survey iPhone users to gather data on usage patterns and demographics

  • Answered by AI
  • Q2. Guesstimate questions based on netflix's decreasing users
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Introduce yourself
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. TEll me about yourself
  • Ans. 

    Experienced product manager with a background in tech and a passion for creating innovative solutions.

    • Over 5 years of experience in product management roles

    • Strong technical background with a degree in Computer Science

    • Successfully launched multiple products, increasing revenue by 20%

    • Led cross-functional teams to deliver projects on time and within budget

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Agile, scrum, daily routine
  • Q2. Questions related to fabunachi
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Assignment 

Given a topic and asked to prepare slide deck on product analysis

Round 2 - One-on-one 

(1 Question)

  • Q1. Discussion on the slide deck prepared
Round 3 - One-on-one 

(1 Question)

  • Q1. Product management related question and profile
Interview experience
3
Average
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Not Selected

I appeared for an interview in Feb 2024.

Round 1 - Assignment 

I was given with an assignment on how do you build a CRM service for Saloon business?

Round 2 - One-on-one 

(2 Questions)

  • Q1. Discussion about the assignment? Approach?
  • Q2. What I could improve on the problem solving?
  • Ans. 

    To improve problem solving, focus on developing critical thinking skills, seeking diverse perspectives, and practicing structured problem solving techniques.

    • Practice breaking down complex problems into smaller, more manageable parts

    • Seek feedback from colleagues or mentors to gain different perspectives on the problem

    • Utilize frameworks like SWOT analysis or root cause analysis to systematically approach problem solving

    • D...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Problem solving skills need to be high.

Novopay Solutions Interview FAQs

How many rounds are there in Novopay Solutions Product Intern interview?
Novopay Solutions interview process usually has 2 rounds. The most common rounds in the Novopay Solutions interview process are Assignment and One-on-one Round.

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Novopay Solutions Product Intern Interview Process

based on 1 interview

Interview experience

2
  
Poor
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