Credit Operation Executive
Credit Operation Executive Interview Questions and Answers
Q1. Do you have the knowledge of credit work in finance ?
Yes, I have knowledge of credit work in finance.
I have a strong understanding of credit analysis and risk assessment in finance.
I am familiar with credit evaluation techniques and credit scoring models.
I have experience in reviewing credit applications and determining creditworthiness.
I am knowledgeable about credit policies, procedures, and regulations.
I have worked with credit bureaus and have expertise in credit reporting and monitoring.
I have successfully managed credit p...read more
Q2. What is Good Cibil score?
A good CIBIL score typically ranges from 700 to 900.
CIBIL score ranges from 300 to 900, with higher scores indicating better creditworthiness
A score above 700 is generally considered good by lenders
Maintaining a good credit score can help in getting better loan terms and interest rates
Q3. What is finance
Finance is the management of money and investments.
Finance involves the study of financial systems, markets, and instruments.
It includes activities such as budgeting, investing, and lending.
Examples of financial instruments include stocks, bonds, and derivatives.
Finance is important for individuals, businesses, and governments to manage their resources effectively.
Q4. How to handle work
Effective work handling involves prioritization, organization, and communication to ensure tasks are completed efficiently.
Prioritize tasks based on urgency and importance. For example, use the Eisenhower Matrix to categorize tasks.
Organize your workspace and digital files to minimize distractions and improve efficiency.
Set clear deadlines for each task to maintain focus and accountability.
Utilize tools like to-do lists or project management software to track progress.
Communi...read more
Q5. What is DPD and OD?
DPD stands for Days Past Due, which indicates the number of days a payment is overdue. OD stands for Overdraft, which is when a bank account balance goes below zero.
DPD is used in credit operations to track the number of days a payment is overdue.
OD occurs when a bank account balance goes below zero, resulting in overdraft fees.
DPD and OD are important metrics for assessing credit risk and managing cash flow.
Example: A customer has a DPD of 30 days on their loan payment, indi...read more
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