Shivalik Small Finance Bank Audit Executive Interview Questions and Answers for Experienced

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events such as accidents, illnesses, and natural disasters.

• The individual pays a premium to the insurance company in exchange for coverage.

• The insurance company assumes the risk of financial loss and pays out claims when necessary.

• Types of insurance include ...read more

Next is a finance technology company that provides loans and financial services to customers.

• Next offers personal loans, business loans, and credit cards to customers.

• They use technology to make the loan application process quick and easy.

• Next also provides financial education and resources to help customers improve their financial health.

• Their loans have competitive interest rates and flexible repayment options.

• Next h...read more

Documents required for current and savings accounts.

• For current account: ID proof, address proof, PAN card, passport size photo, and business registration documents.

• For savings account: ID proof, address proof, PAN card, passport size photo, and income proof.

• ID proof can be Aadhaar card, voter ID, driving license, or passport.

• Address proof can be utility bills, bank statements, or rental agreement.

• Income proof can be s...read more