General Manager Finance Interview Questions and Answers

Recovery of cases without customer, guarantor, or vehicle involves legal action, debt collection agencies, and negotiation.

• Initiate legal action against the defaulter to recover the outstanding amount.

• Engage debt collection agencies to track down the defaulter and collect the debt.

• Negotiate with the defaulter for a repayment plan or settlement.

• Consider selling the debt to a third party debt buyer for a discounted amount.

• Explore alternative options such as asset seizure or wag...read more

The working timings key requirements for the General Manager Finance position are flexible hours, ability to work under pressure, and availability for meetings and deadlines.

• Flexible hours to accommodate different time zones and urgent tasks

• Ability to work under pressure and meet tight deadlines

• Availability for meetings, including early mornings or late evenings if required

GST rates vary depending on the type of goods or services being provided.

• GST rates are categorized into different slabs - 5%, 12%, 18%, and 28%.

• Some essential items like food grains are taxed at 0% under GST.

• Luxury items like cars and tobacco products are taxed at higher rates.

• GST rates for services also vary, with some services being exempt from GST.

• GST rates can change based on government policies and updates.