Process Lead and Subject Matter Expert

Process Lead and Subject Matter Expert Interview Questions and Answers

Updated 18 Mar 2024

Q1. Do you have knowledge of Cloud service, SQL etc?

Ans.

Yes, I have knowledge of Cloud services such as AWS, Azure, and Google Cloud, as well as SQL databases.

  • Familiar with Cloud services like AWS, Azure, and Google Cloud

  • Proficient in SQL databases

  • Experience in setting up and managing databases in the Cloud

Q2. Tell about the FEMA compliance and reconciliations

Ans.

FEMA compliance and reconciliations ensure adherence to federal regulations and accurate financial reporting.

  • FEMA compliance involves following federal regulations related to disaster response and recovery

  • Reconciliations involve comparing financial records to ensure accuracy and identify discrepancies

  • FEMA compliance and reconciliations are important for ensuring accountability and transparency in disaster relief efforts

  • Examples of FEMA compliance and reconciliations include v...read more

Q3. Difference in Credit underwriting procedures for Retail and Agri Loans?

Ans.

Credit underwriting procedures differ in Retail and Agri Loans due to varying risk factors and collateral requirements.

  • Retail loans typically involve individual borrowers with stable income and credit history, while Agri loans involve farmers with fluctuating income and collateral in the form of agricultural assets.

  • Retail loans may require credit score checks and income verification, while Agri loans may focus more on the value of the agricultural land and crops.

  • Agri loans ma...read more

Q4. What are the different types of loans?

Ans.

Different types of loans include personal loans, home loans, auto loans, student loans, and business loans.

  • Personal loans

  • Home loans

  • Auto loans

  • Student loans

  • Business loans

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Q5. Difference between Secured and Unsecured loans?

Ans.

Secured loans are backed by collateral, while unsecured loans are not.

  • Secured loans require collateral to secure the loan, such as a house or car

  • Unsecured loans do not require collateral, but typically have higher interest rates

  • Secured loans are less risky for lenders, as they have a way to recover their money if the borrower defaults

  • Examples of secured loans include mortgages and auto loans, while credit cards and personal loans are examples of unsecured loans

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