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ZedPlus Accounting and Finance Finance Executive Interview Questions and Answers

Updated 2 Aug 2024

8 Interview questions

A Finance Executive was asked 10mo ago
Q. What is the standard variable rate?
Ans. 

Standard variable rate is the interest rate set by a financial institution that can fluctuate based on market conditions.

  • Standard variable rate is the interest rate charged on a loan or mortgage that can go up or down depending on various factors.

  • It is typically tied to a benchmark rate, such as the prime rate or LIBOR.

  • Changes in the standard variable rate can impact the monthly payments of borrowers.

  • Borrowers may...

A Finance Executive was asked 10mo ago
Q. What is a unit?
Ans. 

A unit is a standard quantity used to measure or express a specific amount of something.

  • A unit can be a standard measurement of length, weight, volume, etc.

  • Examples include meters, kilograms, liters, etc.

  • Units are used to quantify and compare different quantities of the same type.

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A Finance Executive was asked 10mo ago
Q. What is the full form of FHOG?
Ans. 

FHOG stands for First Home Owner Grant.

  • FHOG is a government initiative to help first home buyers purchase or build their first home.

  • The grant amount and eligibility criteria vary by state or territory.

  • For example, in New South Wales, Australia, the FHOG is $10,000 for new homes up to $750,000.

  • Applicants must meet certain criteria such as being a first home buyer and intending to live in the property.

A Finance Executive was asked
Q. What are the different types of interest rates?
Ans. 

Types of interest rates include fixed, variable, prime, and LIBOR.

  • Fixed interest rates remain the same throughout the loan term.

  • Variable interest rates fluctuate based on market conditions.

  • Prime interest rates are the rates offered by banks to their most creditworthy customers.

  • LIBOR (London Interbank Offered Rate) is the average interest rate at which major global banks borrow from one another.

A Finance Executive was asked
Q. How would you recommend interest rates to clients?
Ans. 

I will recommend interest rates to clients based on market trends, financial goals, and risk tolerance.

  • Analyze current market trends and economic indicators to determine the optimal interest rate recommendation

  • Consider the client's financial goals and risk tolerance when suggesting interest rates

  • Provide clients with various interest rate options and explain the potential benefits and risks of each

  • Regularly review ...

A Finance Executive was asked
Q. What is your expected CTC?
Ans. 

My expected CTC is based on my experience, skills, and the market rate for the position.

  • My expected CTC is in line with industry standards for someone with my level of experience and expertise.

  • I have researched the average salary range for Finance Executives in this region and have based my expectations on that.

  • I am open to negotiation based on the overall compensation package offered by the company.

  • I am looking f...

A Finance Executive was asked
Q. What is LMI? when LMI is required?
Ans. 

LMI stands for Lenders Mortgage Insurance, required when a borrower has a deposit of less than 20% of the property value.

  • LMI is a type of insurance that protects the lender in case the borrower defaults on their mortgage.

  • It is typically required when the borrower has a deposit of less than 20% of the property value.

  • The cost of LMI is usually added to the borrower's loan amount.

  • LMI does not provide any protection o...

Are these interview questions helpful?
A Finance Executive was asked 10mo ago
Q. What are different types of interest rates
Ans. 

Different types of interest rates include fixed, variable, prime, and LIBOR rates.

  • Fixed interest rates remain the same throughout the loan term

  • Variable interest rates fluctuate based on market conditions

  • Prime rates are the interest rates that banks charge their most creditworthy customers

  • LIBOR rates are the average interest rates at which major global banks borrow from one another

ZedPlus Accounting and Finance Finance Executive Interview Experiences

2 interviews found

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Jul 2024. There were 2 interview rounds.

Round 1 - Assignment 

Certification of a module

Round 2 - Technical 

(5 Questions)

  • Q1. What are different types of interest rates
  • Ans. 

    Different types of interest rates include fixed, variable, prime, and LIBOR rates.

    • Fixed interest rates remain the same throughout the loan term

    • Variable interest rates fluctuate based on market conditions

    • Prime rates are the interest rates that banks charge their most creditworthy customers

    • LIBOR rates are the average interest rates at which major global banks borrow from one another

  • Answered by AI
  • Q2. Variable, Fixed and Split
  • Q3. What is the full form of FHOG
  • Ans. 

    FHOG stands for First Home Owner Grant.

    • FHOG is a government initiative to help first home buyers purchase or build their first home.

    • The grant amount and eligibility criteria vary by state or territory.

    • For example, in New South Wales, Australia, the FHOG is $10,000 for new homes up to $750,000.

    • Applicants must meet certain criteria such as being a first home buyer and intending to live in the property.

  • Answered by AI
  • Q4. What is standard variable rate
  • Ans. 

    Standard variable rate is the interest rate set by a financial institution that can fluctuate based on market conditions.

    • Standard variable rate is the interest rate charged on a loan or mortgage that can go up or down depending on various factors.

    • It is typically tied to a benchmark rate, such as the prime rate or LIBOR.

    • Changes in the standard variable rate can impact the monthly payments of borrowers.

    • Borrowers may choo...

  • Answered by AI
  • Q5. What is a unit
  • Ans. 

    A unit is a standard quantity used to measure or express a specific amount of something.

    • A unit can be a standard measurement of length, weight, volume, etc.

    • Examples include meters, kilograms, liters, etc.

    • Units are used to quantify and compare different quantities of the same type.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Best interviewers
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Oct 2023. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. What is your Expected CTC
  • Ans. 

    My expected CTC is based on my experience, skills, and the market rate for the position.

    • My expected CTC is in line with industry standards for someone with my level of experience and expertise.

    • I have researched the average salary range for Finance Executives in this region and have based my expectations on that.

    • I am open to negotiation based on the overall compensation package offered by the company.

    • I am looking for a ...

  • Answered by AI
Round 3 - Aptitude Test 

They provide a study material and you need to score from that

Round 4 - Technical 

(3 Questions)

  • Q1. What is LMI? when LMI is required?
  • Ans. 

    LMI stands for Lenders Mortgage Insurance, required when a borrower has a deposit of less than 20% of the property value.

    • LMI is a type of insurance that protects the lender in case the borrower defaults on their mortgage.

    • It is typically required when the borrower has a deposit of less than 20% of the property value.

    • The cost of LMI is usually added to the borrower's loan amount.

    • LMI does not provide any protection or ben...

  • Answered by AI
  • Q2. What are types of interest rates?
  • Ans. 

    Types of interest rates include fixed, variable, prime, and LIBOR.

    • Fixed interest rates remain the same throughout the loan term.

    • Variable interest rates fluctuate based on market conditions.

    • Prime interest rates are the rates offered by banks to their most creditworthy customers.

    • LIBOR (London Interbank Offered Rate) is the average interest rate at which major global banks borrow from one another.

  • Answered by AI
  • Q3. How will you recommend the interest rate to clients?
  • Ans. 

    I will recommend interest rates to clients based on market trends, financial goals, and risk tolerance.

    • Analyze current market trends and economic indicators to determine the optimal interest rate recommendation

    • Consider the client's financial goals and risk tolerance when suggesting interest rates

    • Provide clients with various interest rate options and explain the potential benefits and risks of each

    • Regularly review and a...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Should have strong spoken English skills. have basic knowledge of Australian home mortgage.

Skills evaluated in this interview

Top trending discussions

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Interview Tips & Stories
2w
toobluntforu
·
works at
Cvent
Can speak English, can’t deliver in interviews
I feel like I can't speak fluently during interviews. I do know english well and use it daily to communicate, but the moment I'm in an interview, I just get stuck. since it's not my first language, I struggle to express what I actually feel. I know the answer in my head, but I just can’t deliver it properly at that moment. Please guide me
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Interview questions from similar companies

I applied via Naukri.com

Interview Questionnaire 

2 Questions

  • Q1. Why Amazon?
  • Ans. 

    Amazon's innovation, customer focus, and diverse opportunities align with my career goals and values.

    • Customer Obsession: Amazon prioritizes customer satisfaction, evident in initiatives like Prime and personalized recommendations.

    • Innovation: The company is a leader in technology and logistics, constantly pushing boundaries with services like AWS and drone delivery.

    • Diversity of Roles: Amazon offers a wide range of caree...

  • Answered by AI
  • Q2. What do you expect from Amazon?
  • Ans. 

    I expect Amazon to foster innovation, provide growth opportunities, and maintain a customer-centric culture.

    • Opportunities for professional development, such as training programs and mentorship.

    • A collaborative work environment that encourages teamwork and idea sharing.

    • Access to cutting-edge technology and resources to drive innovation.

    • A strong focus on customer satisfaction, ensuring that every decision prioritizes the ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be open to anything, and keep your expectations low as your expectations might kill you. Just relax and take everything in a healthy way

I applied via Job Fair and was interviewed before Feb 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 
Round 2 - One-on-one 

(1 Question)

  • Q1. Basic accounting methods and journals

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident About what you are saying

I applied via Approached by Company and was interviewed before May 2018. There were 6 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. This is face to face interview... They are observing our behaviour... Attitude... Etc
  • Q2. Introduce u r self....
  • Ans. 

    I am a dedicated and hardworking individual with a passion for learning and growth.

    • I have a Bachelor's degree in Business Administration from XYZ University.

    • I have 3 years of experience working in marketing and sales roles.

    • I am proficient in Microsoft Office Suite and have strong communication skills.

    • I am a team player and enjoy collaborating with others to achieve common goals.

  • Answered by AI
  • Q3. U r carrier objections
  • Ans. 

    My career objectives focus on continuous growth, contributing to team success, and making a positive impact in my field.

    • Aim to develop expertise in my field, such as becoming a certified project manager.

    • Seek leadership opportunities to guide and mentor junior team members.

    • Aspire to work on innovative projects that challenge my skills and creativity.

    • Desire to contribute to a company's mission, like improving customer sa...

  • Answered by AI
  • Q4. About TCS
  • Q5. Why should u select TCS
  • Ans. 

    TCS is a global leader in IT services with a strong reputation for innovation and client satisfaction.

    • TCS has a proven track record of delivering high-quality services to clients worldwide.

    • TCS offers a wide range of opportunities for career growth and development.

    • TCS values diversity and inclusion, creating a supportive work environment for employees.

    • TCS invests in cutting-edge technologies and training programs to kee...

  • Answered by AI

Interview Preparation Tips

Round: Group Discussion
Experience: Any kind of topic u cn select... Sales, accounts, service

Round: Test
Experience: Aptitude test... Mathematic and problem solving... General knowledge is very important

Round: Telephonic
Experience: This is final round... BH directly interact with us...

General Tips: Be confident... Be clam.... Keep smiling face... That is the way to win
Skills: Communication, Body Language, Leadership, Presentation Skills, Time Management
Duration: <1 week

I applied via Company Website and was interviewed before Jun 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. GL related questions
  • Q2. Comfortable for night shifts
  • Ans. 

    Yes, I am comfortable with night shifts and have experience working during those hours.

    • I have worked night shifts in my previous job and have adapted to the schedule

    • I am a night owl and prefer working during those hours

    • I understand the importance of being alert and focused during night shifts

    • I am willing to adjust my sleep schedule to accommodate night shifts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Learn about GL and accounting policies

I applied via Naukri.com and was interviewed before Mar 2020. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Talk about any topic for atleast 3mins
  • Ans. 

    Exploring the impact of technology on education and how it shapes learning experiences for students today.

    • Technology enhances accessibility to educational resources, e.g., online courses from platforms like Coursera.

    • Interactive tools like Kahoot! and Quizlet make learning engaging and fun for students.

    • Virtual classrooms enable remote learning, allowing students to connect globally, especially during the pandemic.

    • Artifi...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared with any topic and talk confidently with out stoping.
Are these interview questions helpful?

I applied via Company Website and was interviewed before Oct 2019. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. There were three rounds first is written round where you will get 3 section Aptitude+essay+technical (pseudo code) then second round is technical round where they will ask question related to your final ye...

Interview Preparation Tips

Interview preparation tips for other job seekers - Just focus on your written exam and technical interview for which you should know about your project because project is very important and if u are from cs background then focus on one coding language .
All the very best just be positive .

I applied via Referral and was interviewed before Jan 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. I was asked about my past experience and few questions on People's Management

Interview Preparation Tips

Interview preparation tips for other job seekers - First and foremost a candidate should have Confidence on what he is talking about. One should have good understanding on what we have updated in our resume. Because that creates the first impression on the person. Most of the times we were asked on points updated in our resume. Good knowledge on the products and services on the role which we have applied for and few questions about Past experience.

I applied via Naukri.com and was interviewed before May 2020. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Explain me about yourself
  • Q2. Just be brief don't bore them

Interview Preparation Tips

Interview preparation tips for other job seekers - Be bold and confident.

ZedPlus Accounting and Finance Interview FAQs

How many rounds are there in ZedPlus Accounting and Finance Finance Executive interview?
ZedPlus Accounting and Finance interview process usually has 3 rounds. The most common rounds in the ZedPlus Accounting and Finance interview process are Technical, Resume Shortlist and HR.
What are the top questions asked in ZedPlus Accounting and Finance Finance Executive interview?

Some of the top questions asked at the ZedPlus Accounting and Finance Finance Executive interview -

  1. How will you recommend the interest rate to clien...read more
  2. What is LMI? when LMI is requir...read more
  3. What are types of interest rat...read more

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Overall Interview Experience Rating

5/5

based on 2 interview experiences

Difficulty level

Moderate 100%

Duration

Less than 2 weeks 100%
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ZedPlus Accounting and Finance Finance Executive Salary
based on 4 salaries
₹3 L/yr - ₹4 L/yr
21% less than the average Finance Executive Salary in India
View more details

ZedPlus Accounting and Finance Finance Executive Reviews and Ratings

based on 4 reviews

4.3/5

Rating in categories

3.5

Skill development

3.6

Work-life balance

3.4

Salary

3.6

Job security

3.6

Company culture

3.5

Promotions

3.6

Work satisfaction

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