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WeMakeScholars Financial Associate Interview Questions and Answers
WeMakeScholars Financial Associate Interview Experiences
1 interview found
Anonymous
Selected
I applied via Company Website and was interviewed before May 2022. There were 4 interview rounds.
Basic questions regarding the overall profile and outlook they were trying to understand
Logical reasoning questions were asked. Not too tough. Doable
(1 Question)
- Q1. Interview was done by the founder. It was simple and interesting
Interview Preparation Tips
Top trending discussions
Interview questions from similar companies
Selected
I applied via Naukri.com and was interviewed in Jan 2024. There were 2 interview rounds.
(5 Questions)
- Q1. Tell me something about yourself
- Q2. Why do you want to join physicswallah
- Q3. What are the golden rules of accounting
- Ans.
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
The golden rules include: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.
These rules help ensure accurate and consistent recording of financial transactions.
For example, when a company receives cash from a customer, the transa...
- Q4. How physicswallah will work upon to stay in the competitive environment
- Q5. What is vlook up and pivot table
- Ans.
VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value. Pivot table is a data summarization tool in Excel.
VLOOKUP stands for 'vertical lookup' and is used to search for a value in the first column of a table and return a value in the same row from a specified column.
Pivot table is a data summarization tool in Excel that allows you to reorganize and summarize selected colum...
(2 Questions)
- Q1. What is ind AS
- Ans.
Ind AS stands for Indian Accounting Standards, which are converged with International Financial Reporting Standards (IFRS).
Ind AS are accounting standards adopted by companies in India for financial reporting.
They are converged with IFRS to ensure transparency and comparability of financial statements.
They are mandatory for certain companies based on their size and nature of business.
Ind AS aim to bring consistency and...
- Q2. Some journal entry question
Interview Preparation Tips
Skills evaluated in this interview
Selected
I applied via Naukri.com and was interviewed in Apr 2023. There were 3 interview rounds.
(2 Questions)
- Q1. Some information about yourself
- Q2. Some information about your past experience
(1 Question)
- Q1. About domain experience
Interview Preparation Tips
Selected
I applied via Referral and was interviewed in Aug 2022. There was 1 interview round.
(3 Questions)
- Q1. What is Nach Process ?
- Ans.
NACH (National Automated Clearing House) is an electronic payment system used for bulk transactions.
NACH is used for various types of transactions such as salary payments, dividends, and loan repayments.
It is a paperless and electronic mode of payment.
NACH is operated by the National Payments Corporation of India (NPCI).
- Q2. What is Emandate Process?
- Ans.
Emandate process is a paperless method of authorizing recurring payments from a bank account.
Emandate process eliminates the need for physical mandates or standing instructions.
It allows customers to authorize recurring payments through their bank's internet banking platform.
Emandate process is commonly used for payment of bills, insurance premiums, loan repayments, etc.
It is a secure and convenient way of making recur...
- Q3. Will you work 24*7 ?
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Jan 2024. There were 2 interview rounds.
(5 Questions)
- Q1. Tell me something about yourself
- Q2. Why do you want to join physicswallah
- Q3. What are the golden rules of accounting
- Ans.
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
The golden rules include: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.
These rules help ensure accurate and consistent recording of financial transactions.
For example, when a company receives cash from a customer, the transa...
- Q4. How physicswallah will work upon to stay in the competitive environment
- Q5. What is vlook up and pivot table
- Ans.
VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value. Pivot table is a data summarization tool in Excel.
VLOOKUP stands for 'vertical lookup' and is used to search for a value in the first column of a table and return a value in the same row from a specified column.
Pivot table is a data summarization tool in Excel that allows you to reorganize and summarize selected colum...
(2 Questions)
- Q1. What is ind AS
- Ans.
Ind AS stands for Indian Accounting Standards, which are converged with International Financial Reporting Standards (IFRS).
Ind AS are accounting standards adopted by companies in India for financial reporting.
They are converged with IFRS to ensure transparency and comparability of financial statements.
They are mandatory for certain companies based on their size and nature of business.
Ind AS aim to bring consistency and...
- Q2. Some journal entry question
Interview Preparation Tips
Skills evaluated in this interview
I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.
By giving a options to the relevant questions and give a much time to answer
(1 Question)
- Q1. Tell me about the company Tell me what you have learnt in the academic
Selected
I applied via Naukri.com and was interviewed in Apr 2023. There were 3 interview rounds.
(2 Questions)
- Q1. Some information about yourself
- Q2. Some information about your past experience
(1 Question)
- Q1. About domain experience
Interview Preparation Tips
Selected
I applied via Referral and was interviewed in Aug 2022. There was 1 interview round.
(3 Questions)
- Q1. What is Nach Process ?
- Ans.
NACH (National Automated Clearing House) is an electronic payment system used for bulk transactions.
NACH is used for various types of transactions such as salary payments, dividends, and loan repayments.
It is a paperless and electronic mode of payment.
NACH is operated by the National Payments Corporation of India (NPCI).
- Q2. What is Emandate Process?
- Ans.
Emandate process is a paperless method of authorizing recurring payments from a bank account.
Emandate process eliminates the need for physical mandates or standing instructions.
It allows customers to authorize recurring payments through their bank's internet banking platform.
Emandate process is commonly used for payment of bills, insurance premiums, loan repayments, etc.
It is a secure and convenient way of making recur...
- Q3. Will you work 24*7 ?
Interview Preparation Tips
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WeMakeScholars Financial Associate Interview Process
based on 1 interview
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WeMakeScholars Financial Associate Reviews and Ratings
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Rating in categories
|
Finance Officer
36
salaries
|  ₹2 L/yr - ₹4.5 L/yr |
|
Regional Head
6
salaries
| ₹3 L/yr - ₹4 L/yr |
|
Financial Advisor
6
salaries
| ₹3.9 L/yr - ₹4 L/yr |
|
Senior Financial Officer
5
salaries
| ₹3.2 L/yr - ₹3.9 L/yr |
|
Processing Officer
5
salaries
| ₹2 L/yr - ₹3.6 L/yr |
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