Veritas Finance Interview Questions and Answers

A Legal Manager in the corporate sector is responsible for providing legal advice, managing legal risks, and ensuring compliance with laws and regulations.

• Providing legal advice and guidance to the company and its employees

• Drafting and reviewing contracts, agreements, and other legal documents

• Managing legal risks and ensuring compliance with laws and regulations

• Representing the company in legal proceedings and negotiat...read more

The main element required as documents for equitable mortgage is a Memorandum of Deposit of Title Deeds.

• Memorandum of Deposit of Title Deeds is the main document for equitable mortgage.

• It is a written agreement between the borrower and the lender.

• The borrower deposits the original title deeds of the property with the lender as security for the loan.

• The memorandum should contain details of the property, loan amount, int...read more

An encumbrance certificate is a legal document that provides information about any monetary or legal liabilities on a property.

• An encumbrance certificate is obtained from the sub-registrar's office where the property is registered.

• It is used to verify if there are any pending loans, mortgages, or legal claims on the property.

• The certificate also confirms that the property is free from any encumbrances, ensuring a clear...read more

Equitable mortgage requires a Memorandum of Deposit of Title Deeds.

• Equitable mortgage is created by depositing the title deeds of the property with the lender.

• The lender holds the title deeds as security for the loan.

• A Memorandum of Deposit of Title Deeds is executed to record the deposit of the title deeds.

• The Memorandum of Deposit of Title Deeds should contain details of the property, the loan amount, and the terms o...read more

Azure VNET is a logically isolated network that enables secure communication between Azure resources and on-premises networks.

• Isolation: VNETs provide a secure and isolated environment for Azure resources, ensuring that they are not accessible from the public internet unless explicitly configured.

• Subnets: VNETs can be divided into subnets, allowing for better organization and management of resources. For example, you c...read more

A state file in Terraform tracks the infrastructure's current state, enabling efficient management and updates of resources.

• Source of Truth: The state file serves as the single source of truth for your infrastructure, mapping real-world resources to your configuration.

• Resource Management: It keeps track of resource attributes, dependencies, and metadata, allowing Terraform to manage updates and deletions effectively.

• Re...read more

In Terraform, refresh updates the state file with the current state of resources in the infrastructure, ensuring accuracy.

• State Synchronization: Refresh ensures that the Terraform state file reflects the actual state of resources in the cloud provider.

• Command Usage: The command 'terraform refresh' can be used to update the state without applying any changes to the infrastructure.

• Example Scenario: If a resource was manu...read more

Taints and tolerations in Kubernetes manage pod scheduling by controlling which nodes can run specific pods.

• Taints: A taint is a property applied to a node that prevents pods from being scheduled on it unless they tolerate the taint.

• Tolerations: Tolerations are applied to pods and allow them to be scheduled on nodes with matching taints.

• Example of Taint: A node can be tainted with 'key=value:NoSchedule', meaning no pod...read more

The challenging part of collection is dealing with difficult customers and navigating complex payment situations.

• Handling customers who are uncooperative or hostile

• Negotiating payment plans with customers who are unable to pay in full

• Resolving disputes over billing errors or discrepancies

• Managing accounts that are past due or in collections

• Adhering to legal and ethical guidelines when collecting debts

Company desire numbers during COVID period

• Increase online sales by 30%

• Reduce operating costs by 20%

• Maintain customer satisfaction levels at 90%

• Implement remote work policies for 50% of employees