Merck Interview Questions and Answers

AML & screening stands for Anti-Money Laundering and screening is the process of checking individuals or entities against various watchlists to ensure compliance with regulations.

• AML refers to the laws, regulations, and procedures intended to prevent criminals from disguising illegally obtained funds as legitimate income.

• Screening involves checking individuals or entities against watchlists such as OFAC, PEP, and sanctions lists to identify any potential risks or violations.

• T...read more

Previous CTC was INR 10 lakhs per annum.

• Previous CTC was INR 10 lakhs per annum

• CTC included base salary, bonuses, and benefits

• Negotiable based on experience and qualifications

Handling difficult stakeholders requires effective communication, active listening, building trust, and managing expectations.

• Establish clear communication channels and set expectations early on

• Actively listen to their concerns and address them in a timely manner

• Build trust through transparency and honesty

• Involve them in decision-making processes to make them feel valued

• Seek common ground and find win-win solutions

• Manage conflicts professionally and seek mediation if needed

Business Analysts use various types of documentation to analyze and communicate business requirements.

• Business requirements documents (BRD)

• Functional requirements documents (FRD)

• Use cases

• User stories

• Process flow diagrams

• Data flow diagrams

• Entity relationship diagrams

• Mockups and wireframes

Tax audit clauses are provisions in contracts that outline the rights and responsibilities of parties in case of a tax audit.

• Tax audit clauses specify how the parties will cooperate during a tax audit.

• They outline the procedures for sharing information and documentation with tax authorities.

• These clauses may also detail the consequences of non-compliance with tax laws.

• Examples of tax audit clauses include indemnification provisions and dispute resolution mechanisms.