FCO
FCO Interview Questions and Answers
Q1. Different between finance and microfinance
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
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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