FCO

FCO Interview Questions and Answers

Updated 11 Jul 2023

Q1. Different between finance and microfinance

Ans.

Finance involves managing money and investments on a larger scale, while microfinance focuses on providing financial services to low-income individuals and small businesses.

  • Finance deals with large-scale investments, corporate finance, and financial markets.

  • Microfinance focuses on providing financial services to low-income individuals and small businesses who lack access to traditional banking services.

  • Finance typically involves managing large sums of money, while microfinanc...read more

Q2. Task for calculating money

Ans.

Calculating money involves basic arithmetic operations like addition, subtraction, multiplication, and division.

  • Identify the currency being used

  • Add up all the amounts received or spent

  • Subtract any expenses or deductions

  • Multiply quantities by prices to calculate total cost

  • Divide total cost by number of people to split the bill

  • Use a calculator or spreadsheet for accuracy

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