Unity Small Finance Bank Deputy Manager Legal Interview Questions and Answers

Q1. What are the data privacy law in India
Ans. 
Data privacy laws in India regulate the collection, storage, and use of personal data by organizations.
• The main data privacy law in India is the Personal Data Protection Bill, which is currently under consideration by the Indian government.

• The Information Technology Act, 2000 and the Information Technology (Reasonable Security Practices and Procedures and Sensitive Personal Data or Information) Rules, 2011 also govern ...read more
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Q2. How you negotiate with the client?
Ans. 
I negotiate with clients by understanding their needs, building rapport, presenting solutions, and finding common ground.
• Listen actively to the client's concerns and objectives

• Communicate clearly and professionally

• Offer solutions that meet the client's needs while also aligning with company goals

• Find common ground and compromise when necessary

• Ensure all terms are clearly outlined and agreed upon
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Q3. Name the land laws
Ans. 
Land laws refer to the legal regulations governing the ownership, use, and transfer of land.
• Land Acquisition Act, 1894 - governs the acquisition of land for public purposes

• Transfer of Property Act, 1882 - regulates the transfer of property including land

• Registration Act, 1908 - mandates the registration of documents related to land transactions

• Real Estate (Regulation and Development) Act, 2016 - regulates the real esta...read more
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Q4. Describe new criminal law
Ans. 
New criminal law refers to recent legislation or amendments that impact criminal offenses and penalties.
• New criminal laws may introduce stricter penalties for certain offenses

• They may also create new offenses to address emerging issues in society

• Changes in criminal law often reflect shifts in public policy or priorities
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Q5. Define Software licensing Agreement
Ans. 
A software licensing agreement is a legal contract between the software owner and the end user, outlining the terms and conditions of use.
• Specifies the rights and restrictions of software use

• Outlines payment terms and conditions

• Defines the duration of the license

• Includes provisions for software updates and support

• Addresses intellectual property rights and confidentiality

• Examples: Microsoft Office End User License Agree...read more
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Draft of NDA letter within 29 mints