10+ Crisil Interview Questions and Answers

To verify a check, check for security features, compare signatures, and verify funds availability.

• Check for security features like watermarks, microprinting, and security threads.

• Compare the signature on the check to the signature on file.

• Verify funds availability by contacting the bank or using online verification tools.

• Be wary of checks from unknown sources or with unusual amounts.

• Report any suspicious activity to the bank or authorities.

• Example: A check with a misspelled n...read more

Insurance is an aid to trade that helps reduce unseen future financial loss.

• Insurance provides financial protection against unexpected events or losses.

• It helps businesses mitigate risks and continue operations in case of unforeseen circumstances.

• Examples include property insurance, liability insurance, and business interruption insurance.

Scrum Master focuses on facilitating the Scrum process, while Agile Coach focuses on guiding the organization in adopting Agile principles.

• Scrum Master is a role within the Scrum framework, responsible for ensuring the Scrum process is followed and removing impediments.

• Agile Coach is a broader role that focuses on helping organizations adopt Agile principles and practices beyond just Scrum.

• Scrum Master works closely with the Scrum team to ensure they understand and follow the...read more

ADO stands for Analyze, Design, and Optimize. It is a methodology used in business analysis to improve processes and systems.

• Analyze the current state of the business process or system

• Design a new and improved process or system based on the analysis

• Optimize the new process or system to ensure efficiency and effectiveness

• Iterate on the design and optimization based on feedback and results

• Examples: Conducting interviews with stakeholders, creating process flow diagrams, impleme...read more

A loan is a sum of money borrowed by an individual or organization that must be repaid with interest.

• There are various types of loans such as personal loans, home loans, car loans, education loans, business loans, etc.

• Loans can be secured or unsecured depending on whether collateral is required or not.

• Interest rates on loans can be fixed or variable.

• The repayment period for loans can range from a few months to several years.

• Defaulting on a loan can have serious consequences s...read more

BPO stands for Business Process Outsourcing. It involves contracting out specific business processes to a third-party service provider.

• BPO is a cost-effective way for companies to outsource non-core business functions such as customer service, data entry, and accounting.

• It allows companies to focus on their core competencies while the BPO provider handles the outsourced tasks.

• BPO providers are typically located in countries with lower labor costs, such as India and the Philip...read more

SAFe (Scaled Agile Framework) has four levels: Team, Program, Large Solution, and Portfolio.

• Team level focuses on individual Agile teams working together towards a common goal.

• Program level coordinates multiple Agile teams to deliver larger initiatives.

• Large Solution level aligns multiple programs to deliver complex solutions.

• Portfolio level aligns multiple value streams to strategic themes and business objectives.

Accounts refer to financial records of an individual or organization that show their transactions, assets, liabilities, and equity.

• Accounts are used to keep track of financial transactions.

• They include records of assets, liabilities, and equity.

• Accounts can be used by individuals, businesses, and organizations.

• Examples of accounts include checking accounts, savings accounts, and credit card accounts.

• Accounting principles and standards are used to ensure accuracy and consisten...read more

Business agility is the ability of an organization to adapt quickly to changes in the market and environment.

• Involves responding to customer needs and market trends rapidly

• Requires flexibility and adaptability in processes and decision-making

• Encourages experimentation and learning from failures

• Promotes collaboration and communication within teams

• Focuses on delivering value to customers efficiently

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

• Insurance provides financial protection against unexpected events

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

• Types of insurance include health, auto, home, and life insurance

• Insurance policies have terms and conditions that must be followed to receive coverage

• Insurance helps individuals and businesses manage risk