AGS Transact Technologies Interview Questions and Answers

Q1. Tell me about yourself.
Ans. 
I am a seasoned finance executive with over 10 years of experience in managing financial operations and driving business growth.
• Over 10 years of experience in finance and accounting

• Proven track record of managing financial operations and driving business growth

• Strong analytical and problem-solving skills

• Expertise in financial planning, budgeting, and forecasting

• Effective communication and leadership skills
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Q2. Why are you considering a switch from your current job?
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Seeking new challenges and growth opportunities in a more dynamic environment.
• Looking for new challenges and opportunities for growth

• Interested in a more dynamic work environment

• Seeking to expand skill set and experience

• Want to explore different industry or sector

• Desire for career advancement
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Q1. What are the three golden rules?
Ans. 
The three golden rules are basic principles of accounting that ensure accurate financial records.
• 1. The first golden rule is to maintain a separate business account from personal accounts to ensure accurate financial tracking.

• 2. The second golden rule is to record all transactions accurately and promptly to avoid errors in financial statements.

• 3. The third golden rule is to always follow the principle of double-entry a...read more
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Q2. What are the TDS (Tax Deducted at Source) slabs?
Ans. 
TDS slabs are tax rates at which tax is deducted at source based on income levels.
• TDS slabs vary based on the type of income and the individual's age

• For example, TDS on salary income ranges from 0% to 30% depending on income levels

• TDS on interest income is usually deducted at 10% for individuals
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Q1. Where do you see yourself in five years?
Ans. 
In five years, I see myself as a seasoned finance executive leading a team of professionals and driving strategic financial initiatives for the company.
• Leading a team of finance professionals

• Driving strategic financial initiatives for the company

• Continuing professional development and growth in the field

• Possibly pursuing advanced certifications or degrees

• Contributing to the overall success and growth of the organizatio...read more
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Q2. Why should we hire you?
Ans. 
I have a strong background in finance, proven track record of success, and a passion for driving financial growth and success.
• I have a Bachelor's degree in Finance and over 10 years of experience in the field.

• I have a proven track record of successfully managing budgets, forecasting financial trends, and implementing cost-saving strategies.

• I am highly skilled in financial analysis, risk management, and financial report...read more
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Q1. What is the structure of iso 8583
Ans. 
ISO 8583 is a messaging standard used for financial transactions in the banking industry.
• ISO 8583 defines the format of messages exchanged between devices in a financial transaction network.

• It consists of a message header, a bitmap indicating which data elements are present, and data elements containing transaction information.

• Each data element has a specific format and length, such as the card number, transaction amou...read more
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Q2. Message flow of iso 8583
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ISO 8583 is a messaging standard used for financial transactions.
• ISO 8583 defines the format of messages exchanged between devices in a financial transaction network.

• The message flow typically includes message type indicators, data elements, and network-specific headers.

• Example: A customer swipes their credit card at a point of sale terminal, which then sends an ISO 8583 message to the acquiring bank for authorization.
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Q3. What isevents and store and forword queue
Ans. 
Events and store and forward queue are concepts related to managing data and communication in a system.
• Events are occurrences or happenings within a system that trigger actions or processes.

• Store and forward queue is a method of storing data temporarily before forwarding it to the next destination.

• Example: In a retail store, an event could be a customer making a purchase, triggering the store to update inventory. Store...read more
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Q1. Types of card production system and how they are working
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There are various types of card production systems, each with their own unique features and functionalities.
• Direct-to-card printers: Print directly onto the surface of the card using dye-sublimation or thermal transfer technology.

• Retransfer printers: Print the card image onto a clear film which is then thermally bonded to the card surface for higher quality and durability.

• Embossing machines: Create raised characters on...read more
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Q2. SQL server and database
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Q1. Petroleum line mpd
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Bharat petroleum mpd online lena and digital transaction EDC machine

Q1. Payment not received time to time
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Q2. Payment not received time to time. Old company
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Q1. Questions related to Litigation management.
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Q2. Questions related to Contract management
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Q3. Questions pertaining to team management & conflicts
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Q4. Questions pertaining to legal notices, and sample drafting.
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Q1. Questions related to education
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Q2. Questions related to IPR
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