NTT DATA Business Solutions Interview Questions, Process, and Tips

Q1. Basic questions to check communication
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Q1. What do you know about money laundering
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Money laundering is the illegal process of making large amounts of money generated by a criminal activity, such as drug trafficking or terrorist funding, appear to have come from a legitimate source.
• Money laundering involves disguising the origins of illegally obtained money.

• It typically involves a series of transactions to make the money appear legitimate.

• Money laundering can involve complex financial transactions and...read more
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Q2. Benefit and purpose of kyc
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KYC (Know Your Customer) is a process used by financial institutions to verify the identity of their clients and assess potential risks of illegal activities.
• KYC helps prevent fraud, money laundering, and terrorist financing.

• It ensures compliance with regulations and helps build trust with customers.

• KYC involves collecting and verifying customer information such as identity, address, and financial transactions.

• Examples...read more
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Q3. What are the stages to prevent money laundering
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Stages to prevent money laundering involve customer due diligence, monitoring transactions, reporting suspicious activities, and ongoing training.
• Customer due diligence - Verify customer identity and assess risk level

• Transaction monitoring - Regularly review transactions for suspicious activities

• Reporting suspicious activities - Report any suspicious transactions to authorities

• Ongoing training - Provide training to emp...read more
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Q1. What is anti money laundering in detail
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Anti money laundering (AML) refers to a set of laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.
• AML involves detecting and reporting suspicious activities that could be related to money laundering or terrorist financing

• Financial institutions are required to have AML programs in place to comply with regulations

• Examples of AML measures include c...read more
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Q2. Benefit of identification
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Identification allows for personalized services, targeted marketing, enhanced security, and efficient communication.
• Personalized services: Identification helps businesses tailor their products or services to meet individual customer needs.

• Targeted marketing: Knowing the identity of customers allows for more effective marketing strategies.

• Enhanced security: Identification helps prevent fraud and unauthorized access to s...read more
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Q3. How Team work plays a role in progress
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Q4. About NTT DATA Services
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Q1. Cyber security, fortigate firewall, routing and switching questions.
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Q1. Scenario based questions on fortigate firewall. Routing and switching questions.
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Q1. Salary discussion
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Q1. No question only salary discussion
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Q2. Yes i have salary discussion
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Q3. Monthly salary. I need it
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Q4. 28000.I have need it
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15 question for me the aptitude test

Q1. Apex, LWC lifecycle, Triggers
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Q1. All Technical Questions Related to SAP MM
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Q2. Batch STO Pricing Release
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Q1. All technical questions related to SAP MM
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Q2. Process Related questions like Special Procurement etc.
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Q1. What's is account manager
Ans. 
An account manager is responsible for managing and nurturing relationships with clients to ensure their satisfaction and maximize sales.
• An account manager acts as a liaison between the company and its clients.

• They are responsible for understanding the clients' needs and objectives.

• They develop and maintain strong relationships with clients to ensure their loyalty.

• Account managers provide support and assistance to clien...read more
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Q2. What's is accounting?
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Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Accounting involves recording financial transactions.

• It includes summarizing and analyzing financial data.

• The results are reported in financial statements.

• Accounting helps in making informed business decisions.

• Examples of accounting tasks include bookkeeping, budgeting, and financial analysis.
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Q3. Difference between financial accounting and management accounting
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Financial accounting focuses on external reporting and historical financial data, while management accounting focuses on internal decision-making and future-oriented data.
• Financial accounting is concerned with recording, summarizing, and reporting financial transactions of a company.

• Management accounting provides information to internal stakeholders for planning, controlling, and decision-making purposes.

• Financial acco...read more
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Q4. What are the types of accounting?
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The types of accounting include financial accounting, management accounting, tax accounting, and forensic accounting.
• Financial accounting focuses on recording and reporting financial transactions.

• Management accounting provides information for internal decision-making and planning.

• Tax accounting deals with tax-related matters and compliance.

• Forensic accounting involves investigating financial fraud and providing litigat...read more
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Q5. Which accounting platforms have you worked on? Which one do you prefer the most?
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I have worked on QuickBooks and Xero accounting platforms. I prefer QuickBooks for its user-friendly interface and comprehensive features.
• Worked on QuickBooks and Xero accounting platforms

• Prefer QuickBooks for its user-friendly interface

• QuickBooks has comprehensive features
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Q6. What is working capital?
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Working capital is the measure of a company's operational liquidity and its ability to meet short-term obligations.
• Working capital is the difference between current assets and current liabilities.

• It represents the funds available to a company for day-to-day operations.

• Positive working capital indicates a company's ability to pay off its short-term debts.

• Negative working capital suggests a company may struggle to meet i...read more
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