Paytm Payments Bank Process Associate Interview Questions and Answers

Q1. Who is ceo pf paytm?
Ans. 
The CEO of Paytm is Vijay Shekhar Sharma.
• Vijay Shekhar Sharma founded Paytm in 2010.

• He is a self-made billionaire and one of the youngest Indian entrepreneurs.

• Under his leadership, Paytm has become one of the leading digital payment platforms in India.

• Sharma has also been recognized with numerous awards for his contributions to the Indian startup ecosystem.
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Q2. Name different type of digital bank
Ans. 
Different types of digital banks include neobanks, challenger banks, and traditional banks with digital offerings.
• Neobanks: digital-only banks that operate without physical branches

• Challenger banks: digital banks that challenge traditional banks with innovative products and services

• Traditional banks with digital offerings: established banks that offer digital banking services alongside their traditional offerings

• Exampl...read more
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Q3. Why kyc is compulsory
Ans. 
KYC is compulsory to prevent fraud and money laundering.
• KYC helps to verify the identity of customers and ensure they are not involved in illegal activities.

• It helps to build trust between customers and financial institutions.

• KYC is mandatory by law in many countries to prevent financial crimes.

• It also helps to reduce the risk of identity theft and other fraudulent activities.

• Examples of KYC documents include passport,
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Q4. Why you want to join Paytm
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Q1. Forst round was the Hr round with general introduction and previous experience questions.
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Q2. It was normal like your bio data regarding qualifications and previous job experience.
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Normal test like ssc and banking exam