100+ Thermax Limited Interview Questions and Answers

MICR stands for Magnetic Ink Character Recognition. It is a technology used in banking for processing cheques.

• MICR uses magnetic ink to print characters on cheques that can be read by machines.

• The characters include the bank's routing number, account number, and cheque number.

• MICR helps to automate the processing of cheques, making it faster and more accurate.

• It is also used for other financial documents like deposit slips and money orders.

Gross profit is calculated by subtracting the cost of goods sold from total revenue.

• Calculate total revenue by adding up all sales revenue.

• Calculate cost of goods sold by adding up all costs directly related to producing goods sold.

• Subtract cost of goods sold from total revenue to find gross profit.

• Gross Profit = Total Revenue - Cost of Goods Sold

An index is a data structure that improves the speed of data retrieval operations in a database by allowing quick access to specific data.

• Indexes are used to quickly locate data without having to search every row in a database table.

• They are created on specific columns in a table to speed up queries that filter or sort by those columns.

• Examples of indexes include primary keys, unique keys, and non-unique indexes.

Critical customer complaints are managed by acknowledging the issue, empathizing with the customer, investigating the problem, providing a solution, and following up.

• Listen actively and attentively to the customer's complaint

• Apologize for the inconvenience caused and show empathy

• Investigate the issue and gather all necessary information

• Provide a solution that meets the customer's needs and expectations

• Follow up with the customer to ensure their satisfaction and prevent future...read more

Tableau work involves creating interactive data visualizations and dashboards to help organizations analyze and understand their data.

• Tableau is a data visualization tool used for creating interactive and shareable dashboards.

• It allows users to connect to various data sources and create visualizations like charts, graphs, and maps.

• Tableau helps organizations to analyze data and make data-driven decisions.

• Users can customize the visualizations and dashboards to suit their spec...read more

PPC curve is a graphical representation of the relationship between price and quantity demanded.

• PPC stands for Price-Quantity Curve

• It shows the impact of price changes on the quantity demanded of a product

• The curve slopes downwards, indicating that as price increases, quantity demanded decreases

• It helps in determining the optimal price point for a product

• Example: A company can use PPC curve to decide the price of a new product based on the demand at different price points

IC curve is a graph that shows the relationship between the price of a product and the quantity of the product that is demanded.

• IC curve stands for Indifference Curve.

• It is used in microeconomics to analyze consumer behavior.

• It shows the different combinations of two goods that a consumer is indifferent between.

• The slope of the IC curve represents the marginal rate of substitution between the two goods.

• The IC curve is downward sloping and convex to the origin.

• It helps in dete...read more

A qualification for a Relationship Manager typically includes a bachelor's degree in business, finance, or a related field, along with relevant work experience.

• Bachelor's degree in business, finance, or related field

• Relevant work experience in customer service, sales, or finance

• Strong communication and interpersonal skills

• Knowledge of financial products and services

• Certifications such as Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) may be beneficial

KYC AML stands for Know Your Customer and Anti-Money Laundering. It is a set of regulations and procedures designed to prevent financial crimes.

• KYC involves verifying the identity of customers to ensure they are who they claim to be.

• AML involves monitoring financial transactions to detect and prevent money laundering activities.

• KYC AML regulations are mandatory for financial institutions to comply with.

• Examples of KYC AML measures include customer due diligence, transaction m...read more

A mortgage is a loan taken out to buy property or land, where the property acts as collateral for the loan.

• Mortgages are typically long-term loans with fixed or adjustable interest rates.

• Failure to repay the mortgage can result in foreclosure, where the lender takes possession of the property.

• Common types of mortgages include fixed-rate mortgages, adjustable-rate mortgages, and government-insured mortgages like FHA loans.

• Mortgages involve monthly payments that include both pr...read more

The maximum amount of casa and fs done refers to the highest value of current account and savings account transactions completed.

• The maximum amount of casa and fs done can vary depending on the size and activity of the bank or financial institution.

• For example, a large bank may have millions of dollars in casa and fs transactions daily, while a smaller credit union may have much lower amounts.

• Tracking the maximum amount of casa and fs done can help assess the financial health...read more

Working capital is the amount of money a company has available to fund its day-to-day operations.

• It is calculated by subtracting current liabilities from current assets

• It is important for a company to have enough working capital to pay for expenses such as salaries, rent, and inventory

• A company with negative working capital may struggle to meet its financial obligations

• Examples of current assets include cash, accounts receivable, and inventory

• Examples of current liabilities i...read more

There are two main types of exchanges: centralized exchanges (CEX) and decentralized exchanges (DEX).

• Centralized exchanges (CEX) are operated by a central authority and require users to deposit funds with the exchange to trade.

• Decentralized exchanges (DEX) operate without a central authority and allow users to trade directly with each other using smart contracts.

• Examples of centralized exchanges include Binance, Coinbase, and Kraken.

• Examples of decentralized exchanges include...read more

Foreign Direct Investment

• FDI refers to when a company or individual from one country invests in a business or entity in another country

• It involves a long-term relationship and control in the foreign business

• Examples include a US company opening a manufacturing plant in China or a Japanese investor buying shares in a German company

I manage portfolio by diversifying investments, monitoring performance, and adjusting strategies as needed.

• Diversify investments to spread risk

• Regularly monitor performance of each investment

• Adjust strategies based on market conditions and goals

• Utilize tools like asset allocation and risk management techniques

A journal entry is a record of a financial transaction in a company's accounting system.

• Journal entries are used to record all financial transactions in a company's accounting system

• They include the date of the transaction, the accounts involved, and the amount of the transaction

• Journal entries are used to create the company's financial statements, such as the balance sheet and income statement

• Examples of journal entries include recording a sale, recording a purchase, and rec...read more

Credit appraisal involves evaluating the creditworthiness of a borrower before approving a loan.

• Assessing the borrower's credit history, including past loans and repayment behavior

• Analyzing the borrower's income and financial stability

• Reviewing the borrower's debt-to-income ratio

• Considering the purpose of the loan and the borrower's ability to repay

• Using credit scoring models to determine risk level

• Verifying the borrower's employment status and income sources

My expected CTC is negotiable based on the job responsibilities, company reputation, and industry standards.

• My expected CTC is based on my qualifications, experience, and skills.

• I am open to discussing the salary range during the interview process.

• I am looking for a competitive salary package that aligns with my expertise.

• I am flexible and willing to consider a compensation package that includes benefits and bonuses.

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

• KYC is a regulatory requirement to prevent money laundering, terrorist financing, and other financial crimes.

• It involves collecting personal information and verifying the identity of customers.

• KYC includes verifying documents such as government-issued IDs, proof of address, and financial statements.

• The process helps financial institutions assess the risk of doin...read more

This tissue box is not just a box, it's a stylish accessory that adds a touch of elegance to any room.

• The tissue box is made of high-quality materials that ensure durability and longevity.

• It has a sleek and modern design that complements any decor.

• The box is easy to refill and holds a large number of tissues, making it convenient for everyday use.

• It's perfect for use in the home, office, or car.

• The tissue box is also a thoughtful and practical gift for friends and family.

• It's...read more

Demand refers to the quantity of a product or service that consumers are willing and able to purchase at a given price and time.

• Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.

• It is typically represented by a demand curve, which shows the relationship between price and quantity demanded.

• Demand can be elastic, meaning that changes in price have a significant impact on quantity demanded, or inelastic, meaning t...read more

I am responsible for overseeing the processing of applications and documents at my current organization.

• Implemented new processing procedures to improve efficiency

• Trained staff on proper processing techniques

• Regularly reviewed processing times and accuracy

• Collaborated with other departments to streamline processing workflows

NEFT cut off time is 7:00 PM on weekdays and 1:00 PM on Saturdays. RTGS cut off time is 6:00 PM on weekdays and 1:00 PM on Saturdays.

• NEFT cut off time: 7:00 PM on weekdays, 1:00 PM on Saturdays

• RTGS cut off time: 6:00 PM on weekdays, 1:00 PM on Saturdays

AML stands for Anti-Money Laundering. It is a set of regulations and procedures designed to prevent the illegal generation of income.

• AML involves monitoring financial transactions to detect and prevent money laundering activities.

• It requires financial institutions to verify the identity of their customers and report suspicious activities to authorities.

• Examples of AML measures include customer due diligence, transaction monitoring, and suspicious activity reporting.

Banking terms and definitions

• Interest rate: The amount charged by a lender to a borrower for the use of assets.

• Credit score: A numerical representation of a person's creditworthiness.

• Collateral: Assets pledged by a borrower to secure a loan.

• Overdraft: A deficit in a bank account caused by drawing more money than is available.

• APR (Annual Percentage Rate): The annual rate charged for borrowing or earned through an investment.

I have 5 years of experience in manufacturing as an ITI Fitter.

• I have worked with various types of machines and equipment.

• I have experience in assembling and disassembling machinery.

• I have knowledge of reading technical drawings and blueprints.

• I have experience in maintaining and repairing machinery.

• I have worked in a team environment and have good communication skills.

Leads can be obtained through various methods such as networking, cold calling, social media, and attending industry events.

• Networking: Build relationships with potential clients through industry events, conferences, and online platforms.

• Cold calling: Reach out to potential leads through phone calls or emails to introduce your services.

• Social media: Utilize platforms like LinkedIn, Twitter, and Facebook to connect with prospects and share valuable content.

• Industry events: Att...read more

API is a set of protocols for building software applications, while UPI is a payment system that allows instant fund transfer.

• API stands for Application Programming Interface and is used to define how different software components should interact with each other.

• UPI stands for Unified Payments Interface and is a payment system developed by the National Payments Corporation of India.

• API is used for building software applications, while UPI is used for instant fund transfer bet...read more

My biggest failure was not standing up for myself in a toxic relationship.

• Lack of self-confidence led to staying in a harmful situation

• Failed to set boundaries and prioritize my own well-being

• Realized the importance of self-respect and assertiveness in relationships

Repo rate is the rate at which the central bank of a country lends money to commercial banks.

• Repo rate is used by central banks to control inflation and liquidity in the economy.

• A higher repo rate means that banks will borrow money at a higher interest rate, leading to less money in circulation.

• A lower repo rate means that banks will borrow money at a lower interest rate, leading to more money in circulation.

• Changes in repo rate can impact borrowing and lending rates in the e...read more

Financial products are instruments that help individuals and businesses manage their money and investments.

• Savings accounts

• Investment funds

• Credit cards

• Insurance policies

• Loans

English, Spanish, French

• English - Fluent in reading, writing, and speaking

• Spanish - Conversational level

• French - Basic understanding

NOOP stands for No Operation. It is a computer programming term used to indicate a dummy operation that does nothing.

• NOOP is often used in programming to fill space or act as a placeholder.

• It is commonly used in assembly language programming.

• NOOP instructions are used to prevent the processor from executing certain operations.

My current CTC is confidential and I am not at liberty to disclose it.

• I am unable to disclose my current CTC as it is confidential information.

• I am bound by company policy to not disclose my current CTC.

• I can provide information on my expected salary or salary range for this role.

This pen is not just a writing tool, it's a statement of style and sophistication.

• This pen is made of high-quality materials that ensure a smooth writing experience.

• It has a sleek and elegant design that will make you stand out in any setting.

• The ink is long-lasting and won't smudge or smear, even on the thinnest of paper.

• It's perfect for professionals who want to make a lasting impression.

• This pen is a must-have for anyone who values quality and style.

Negotiable components in CTC can include bonuses, incentives, allowances, and benefits.

• Negotiable components in CTC can vary based on company policies and industry norms.

• Examples of negotiable components in CTC include performance bonuses, relocation allowances, health insurance benefits, and stock options.

• Candidates can negotiate for higher bonuses, flexible work arrangements, additional vacation days, or professional development opportunities.

• It is important for candidates ...read more