This question was asked in GD from my college placement cell .
Group is a collection of individuals who come together for a common purpose or shared interest. And Team is a group of people who work together to achieve a common goal. For example, A group of students studying together might form a study group. However, a group of students working on a class project together would be considered a team, as they have a shared goal (completing the project) and are interdependent on each other's contributions.