TCS Transaction Processing Associate Interview Questions and Answers

Q1. What is withdrawal
Ans. 
Withdrawal is the act of taking money out of an account or the symptoms experienced when stopping the use of a substance.
• Withdrawal in banking refers to taking money out of an account, either through an ATM, bank teller, or other means

• Withdrawal in substance abuse refers to the physical and mental symptoms experienced when a person stops using a drug or alcohol

• Examples of withdrawal symptoms include nausea, sweating, a
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Q2. What i you think about 401k
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Q1. Tell me about yourself (Educational Qualification & Family Background) and What do you know about Genpact?
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Q2. Do you have any experience? If yes then in which field?
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Q1. What is Insurance and claims? What are their types?
Ans. 
Insurance is a contract between a policyholder and an insurer to provide financial protection against specified risks. Claims are requests made by policyholders to receive benefits from their insurance policies.
• Insurance is a risk management tool that helps individuals and businesses protect themselves against potential financial losses.

• There are various types of insurance such as life insurance, health insurance, auto...read more
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Q2. How do you handle an unsatisfied and angry customer? What are your short-term as well as long-term goals?
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Q3. Why do you want to work with us?
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Q1. What are your academic qualifications? What are your salary expectations? Again basic questions related to job profile.
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Same as it

Q1. Tell me about yourself?
Ans. 
I am a detail-oriented individual with strong analytical skills and a background in transaction processing.
• I have a Bachelor's degree in Finance and experience working in a financial institution.

• I am proficient in using various software and tools for transaction processing.

• I have a keen eye for accuracy and can work efficiently under pressure.

• I am a team player and can communicate effectively with colleagues and client
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Q2. What is business process outsourcing?
Ans. 
Business process outsourcing is when a company contracts out specific business tasks to a third-party provider.
• Companies outsource tasks like customer service, payroll processing, and IT services to save costs and improve efficiency.

• Outsourcing can be done domestically or internationally, depending on the company's needs and budget.

• Popular outsourcing destinations include India, the Philippines, and Eastern Europe.

• Outs...read more
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Q1. If you have certification of these levels why do you want to work with us ?
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Language assessment test

Q1. Introduction about yourself
Ans. 
I am a detail-oriented individual with a background in finance and a strong interest in transaction processing.
• I have a Bachelor's degree in Finance from XYZ University.

• I have previous experience working as a financial analyst at ABC Company.

• I am proficient in using Excel for data analysis and have strong attention to detail.

• I am a quick learner and have excellent problem-solving skills.

• I am excited about the opportuni
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Q2. Education background
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Q1. What is insurance ?
Ans. 
Insurance is a financial product that provides protection against potential financial losses.
• Insurance is a contract between an individual or organization and an insurance company.

• The individual or organization pays a premium in exchange for coverage against specific risks.

• Common types of insurance include health insurance, auto insurance, life insurance, and property insurance.

• Insurance helps individuals and organizat...read more
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Q2. Self Introduction
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