Ugro Capital Operations Executive Interview Questions and Answers for Experienced

GST tax is a value-added tax levied on most goods and services sold for domestic consumption.

• GST stands for Goods and Services Tax

• It is a consumption tax imposed on the sale of goods and services

• GST is levied at each stage of the production and distribution chain

• It replaces multiple indirect taxes like VAT, service tax, etc.

• Examples of countries with GST include India, Australia, Canada, and Singapore

Finance refers to the management of money and investments.

• Finance involves the allocation and management of funds

• It includes activities such as budgeting, investing, and accounting

• Finance is important for businesses to make informed decisions and achieve financial goals

• Examples of finance include stock trading, financial planning, and banking services

KYC stands for Know Your Customer, a process used by businesses to verify the identity of their clients.

• KYC is a regulatory requirement in many industries, including banking and finance.

• It involves collecting personal information from customers to prevent fraud and money laundering.

• Examples of KYC documents include government-issued IDs, utility bills, and bank statements.