PayU Payments Team Manager Interview Questions and Answers

Coding test conducted at hackrank

Q1. What is RDBMD? how can it be rationalize
Ans. 
RDBMD stands for Relational Database Management System. It is a software system used for managing relational databases.
• RDBMD is used to store, retrieve, and manage data in a structured format.

• It allows users to define, create, and manipulate tables, indexes, and relationships between data.

• Examples of RDBMD include MySQL, Oracle Database, and Microsoft SQL Server.
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Q2. Explain microservices and Kubernetes, low code/ no code
Ans. 
Microservices are a software development technique where applications are composed of small, independent services that communicate over well-defined APIs. Kubernetes is an open-source platform for automating deployment, scaling, and managing containerized applications.
• Microservices break down applications into smaller, loosely coupled services that can be developed, deployed, and scaled independently.

• Kubernetes is used...read more
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40 questions in 20 minutes

Q1. Goden rules of accounts, types of interest?
Ans. 
Golden rules of accounts include debit the receiver, credit the giver, and debit what comes in, credit what goes out. Types of interest include simple and compound interest.
• Golden rules of accounts are basic principles of accounting that guide the recording of financial transactions.

• Debit the receiver means that when a business receives something, it records it as a debit entry.

• Credit the giver means that when a busine...read more
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Q2. Real account, nominal account and personal account. simple and compound interest
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Q3. Golden rules of accounts
Ans. 
Golden rules of accounts are basic principles that guide the preparation and presentation of financial statements.
• Maintain accuracy and completeness of financial records

• Ensure consistency in accounting policies and methods

• Separate personal and business transactions

• Record all transactions in a timely manner

• Maintain proper documentation and records

• Ensure compliance with accounting standards and regulations
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Aptitude test has mathematics questions

Q1. How you will help the underperforming agent?
Ans. 
I will provide additional training, support, and guidance to help the underperforming agent improve their skills and performance.
• Offer one-on-one coaching sessions to identify areas of improvement

• Provide additional resources and tools to help the agent succeed

• Set clear goals and expectations for improvement

• Monitor progress and provide regular feedback

• Encourage open communication and address any concerns or challenges t...read more
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Q2. Why you want to become a team lead
Ans. 
I want to become a team lead to mentor and guide my team towards success.
• Opportunity to mentor and guide team members

• Desire to lead and inspire others

• Ability to make strategic decisions for team success
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Q1. What are your expectations from the company?
Ans. 
I expect the company to provide a supportive and growth-oriented work environment.
• Opportunities for professional development and advancement

• Clear communication and feedback from management

• A positive and inclusive company culture

• Competitive compensation and benefits

• A strong commitment to employee well-being and work-life balance
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Q2. What do you know about Razorpay?
Ans. 
Razorpay is a payment gateway company based in India.
• Founded in 2014 by Shashank Kumar and Harshil Mathur.

• Provides payment solutions for businesses of all sizes.

• Offers features like recurring payments, international payments, and more.

• Has over 800,000 businesses using their platform.

• Has partnerships with major banks and financial institutions.

• Received funding from investors like Sequoia Capital and Mastercard.

• Won sever...read more
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Q1. What do you know about payments industry?
Ans. 
The payments industry involves the processing and transfer of funds between individuals, businesses, and financial institutions.
• It includes various payment methods such as credit/debit cards, mobile payments, e-wallets, and bank transfers.

• The industry is regulated by government bodies and financial institutions to ensure security and compliance.

• The payments industry is constantly evolving with the introduction of new t...read more
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Q2. Where do you see yourself in Razorpay?
Ans. 
I see myself in Razorpay as a Deputy Manager, contributing to the company's growth and success.
• I envision myself taking on leadership responsibilities and managing a team of professionals.

• I aim to drive innovation and implement strategies to improve operational efficiency.

• I see myself collaborating with cross-functional teams to achieve organizational goals.

• I aspire to contribute to Razorpay's expansion plans and help ...read more
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Q1. What are my salary expectations?
Ans. 
I would expect a salary that is competitive for the Deputy Manager role, taking into consideration my experience and qualifications.
• Research the average salary range for Deputy Managers in your industry and location.

• Consider your years of experience and any additional qualifications or certifications you possess.

• Factor in the responsibilities and scope of the Deputy Manager role you are applying for.

• Be prepared to nego...read more
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Q2. When I will be able to join the company?
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A basic aptitude test that focuses on pattern recognition, arithmetic calculations and English

Q1. What are your roles and responsibilities in your previous company?
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