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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
1w (edited)
a team lead
Why are women still asked such personal questions in interview?
I recently went for an interview… and honestly, m still trying to process what just happened. Instead of being asked about my skills, experience, or how I could add value to the company… the questions took a totally unexpected turn. The interviewer started asking things like When are you getting married? Are you engaged? And m sure, if I had said I was married, the next question would’ve been How long have you been married? What does my personal life have to do with the job m applying for? This is where I felt the gender discrimination hit hard. These types of questions are so casually thrown at women during interviews but are they ever asked to men? No one asks male candidates if they’re planning a wedding or how old their kids are. So why is it okay to ask women? Can we please stop normalising this kind of behaviour in interviews? Our careers shouldn’t be judged by our relationship status. Period.
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Interview questions from similar companies

Interview Questionnaire 

1 Question

  • Q1. Related to my subjects

I applied via Company Website and was interviewed before Nov 2021. 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 - Aptitude Test 

Game Based Aptitude Test + Logical Reasoning

Round 3 - Technical 

(1 Question)

  • Q1. Asked about projects
Round 4 - HR 

(2 Questions)

  • Q1. Open to relocate to other locations?
  • Q2. Open to work in any shifts?

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare basic aptitude for freshers and know about your projects

I applied via Walk-in and was interviewed before Nov 2021. 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 - Typing Test 

(1 Question)

  • Q1. Typing test 30words per minute. 90% accuracy.
Round 3 - HR 

(1 Question)

  • Q1. Personal information, Previous company work, Salary discussion.
Round 4 - Aptitude Test 

General knowledge, Maths questions.

Interview Preparation Tips

Interview preparation tips for other job seekers - English communication is must important, Interviews are easy.

I applied via Naukri.com and was interviewed in Mar 2021. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Technical

Interview Preparation Tips

Interview preparation tips for other job seekers - Be reliable

I applied via Recruitment Consultant and was interviewed before Aug 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Oracle advanced level questions

Interview Preparation Tips

Interview preparation tips for other job seekers - One technical round and HR round

I applied via Referral and was interviewed before Apr 2021. There were 2 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 - One-on-one 

(4 Questions)

  • Q1. Why you are joining our company?
  • Q2. To get better experience so my future will secure to work company like you. I will do my best for company.
  • Q3. Many others like this
  • Q4. According to question.

Interview Preparation Tips

Topics to prepare for Amazon Sales Executive interview:
  • Bioinformatics
  • Excel
  • Export
  • Marketing
  • Sales
  • Communication Skills
  • Computer
  • Accounting
Interview preparation tips for other job seekers - Do your best don't give up until you will not succeed in life .

I applied via Naukri.com and was interviewed before Apr 2020. There were 5 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic questions only ... regarding job and experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident ... always say the truth ... never try to fake your details

Analyst Interview Questions & Answers

TCS user image Anonymous

posted on 6 Apr 2021

Interview Questionnaire 

2 Questions

  • Q1. Introduce yourself
  • Q2. Roles and responisibilties
  • Ans. 

    Roles and responsibilities refer to the tasks and duties assigned to an individual or a team within an organization.

    • Roles define the position and level of authority within the organization

    • Responsibilities outline the specific tasks and duties that need to be performed

    • Roles and responsibilities are often outlined in job descriptions and performance evaluations

    • Clear communication and understanding of roles and responsibi...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - go for it

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%
View more
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

4.0/5

Rating in categories

3.3

Skill development

3.4

Work-life balance

3.1

Salary

3.4

Job security

3.4

Company culture

3.3

Promotions

3.4

Work satisfaction

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