Explore topic-wise InterviewSolutions in Current Affairs.

Investment banking managed portfolios of FINANCIAL assets, commodity and currency, fixed income, CORPORATE finance, corporate advisory services for mergers and ACQUISITIONS, debt and EQUITY WRITING etc.

Investment banking managed portfolios of financial assets, commodity and currency, fixed income, corporate finance, corporate advisory services for mergers and acquisitions, debt and equity writing etc.

You can operate your bank accounts in DIFFERENT ways like

• Internet BANKING
• Telephone or MOBILE banking
• BRANCH or Over the counter service
• ATM ( Automated Teller Machine)

You can operate your bank accounts in different ways like

APR stands for ANNUAL Percentage RATE, and it is a charge or INTEREST that the bank imposes on their customers for using their services like loans, CREDIT CARDS, mortgage loan etc. The interest rate or fees imposed is calculated annually.

APR stands for Annual Percentage Rate, and it is a charge or interest that the bank imposes on their customers for using their services like loans, credit cards, mortgage loan etc. The interest rate or fees imposed is calculated annually.

‘APR' (Annual Percentage RATE) can be ‘Fixed' or ‘Variable' type. In ‘Fixed APR', the interest rate REMAINS same throughout the term of the loan or MORTGAGE, while in ‘Variable APR' the interest rate will CHANGE without notice, BASED on the other factors like ‘prime rate'.

‘APR' (Annual Percentage Rate) can be ‘Fixed' or ‘Variable' type. In ‘Fixed APR', the interest rate remains same throughout the term of the loan or mortgage, while in ‘Variable APR' the interest rate will change without notice, based on the other factors like ‘prime rate'.

The repayment of the loan by INSTALMENT to COVER principal amount with INTEREST is known as ‘AMORTIZATION'.

The repayment of the loan by instalment to cover principal amount with interest is known as ‘Amortization'.

The CLASSIFICATION of loan based on various risks and parameters like repayment risk, borrower's credit history etc. is known as ‘loan GRADING'. This system places loan on one to SIX CATEGORIES, based on the stability and risk associated with the loan.

The classification of loan based on various risks and parameters like repayment risk, borrower's credit history etc. is known as ‘loan grading'. This system places loan on one to six categories, based on the stability and risk associated with the loan.

Any DEPOSIT that is HELD by one BANK for another bank is known as inter-bank deposit. The bank for which the deposit is being held is REFERRED as the CORRESPONDENT bank.

Any deposit that is held by one bank for another bank is known as inter-bank deposit. The bank for which the deposit is being held is referred as the correspondent bank.

A PERSON who signs a NOTE to guarantee the payment of the loan on BEHALF of the MAIN loan applicant's is known as co-maker or co-signer.

A person who signs a note to guarantee the payment of the loan on behalf of the main loan applicant's is known as co-maker or co-signer.

Payroll CARDS are TYPES of smart cards issued by banks to facilitate SALARY payments between EMPLOYER and employees. Through payroll card, employer can load salary payments onto an employee's smart card, and employee can withdraw the salary EVEN though he/she doesn't have an account in the bank.

Payroll cards are types of smart cards issued by banks to facilitate salary payments between employer and employees. Through payroll card, employer can load salary payments onto an employee's smart card, and employee can withdraw the salary even though he/she doesn't have an account in the bank.

COFI is an index that is USED to determine INTEREST RATES or changes in the interest rates for certain types of Loans.

COFI is an index that is used to determine interest rates or changes in the interest rates for certain types of Loans.

When a LOAN is charged with high interest rate illegally then it is referred as ‘Usury'. Usury rates are GENERALLY SET by STATE LAW.

When a loan is charged with high interest rate illegally then it is referred as ‘Usury'. Usury rates are generally set by State Law.

In ‘Bill Purchase' the LOAN will be created for the FULL value of the draft and the interest will be recovered when the ACTUAL payment comes. For example, a ‘Sight draft' is presented for which the loan is created for 100% of the draft value. The money is received after 7 days, and then the interest will be recovered for 7 days ALONG with the principal amount.

In ‘Bill Purchase' the loan will be created for the full value of the draft and the interest will be recovered when the actual payment comes. For example, a ‘Sight draft' is presented for which the loan is created for 100% of the draft value. The money is received after 7 days, and then the interest will be recovered for 7 days along with the principal amount.

PAY close attention to what made that boss the best in the candidate's MIND. You have the chance to determine if the people in your organization will MEET her standards. If she describes a supervisor who walked the floor daily and got involved in every project, and your management team SITS behind closed doors, you may want to think twice about this hire. If she describes someone who never micro-managed and gave lots of opportunity for professional and personal development, then you need to be CERTAIN that you can provide an equal or better experience. Good people don't leave jobs; they leave people.

Pay close attention to what made that boss the best in the candidate's mind. You have the chance to determine if the people in your organization will meet her standards. If she describes a supervisor who walked the floor daily and got involved in every project, and your management team sits behind closed doors, you may want to think twice about this hire. If she describes someone who never micro-managed and gave lots of opportunity for professional and personal development, then you need to be certain that you can provide an equal or better experience. Good people don't leave jobs; they leave people.

In my experience delegating RESPONSIBILITY and authority is crucial. A team needs to be able to DEVELOP and grow as individuals and a whole, not be HELD back by LOW EXPECTATIONS or ego.

In my experience delegating responsibility and authority is crucial. A team needs to be able to develop and grow as individuals and a whole, not be held back by low expectations or ego.

One of the most common management job interview questions is going to be about your specific management style. There are various ways to answer this QUESTION. You may be tempted to share a specific management style, but the best answer to this question is, “I choose to adapt my management techniques based on the present situation, as WORK ENVIRONMENTS are constantly dynamic and often NEED to be handled in UNIQUE, novel ways.”

One of the most common management job interview questions is going to be about your specific management style. There are various ways to answer this question. You may be tempted to share a specific management style, but the best answer to this question is, “I choose to adapt my management techniques based on the present situation, as work environments are constantly dynamic and often need to be handled in unique, novel ways.”

The RBI has advised banks to follow the Know Your Customer (KYC) guidelines where some personal INFORMATION of the account holder is obtained by the bank. This information INCLUDES: - photograph, proof of identity and proof of address. In 2013, AADHAR cards and MNREGA cards are included in KYC papers. WITHOUT these documents a person can't open his account.

The RBI has advised banks to follow the Know Your Customer (KYC) guidelines where some personal information of the account holder is obtained by the bank. This information includes: - photograph, proof of identity and proof of address. In 2013, AADHAR cards and MNREGA cards are included in KYC papers. Without these documents a person can't open his account.

A NPA is an obligation PAYABLE to the bank which has not been made or the interest and PRINCIPAL amount has not been paid on the due time. NPA is the loan or credit provided by the bank to its customers which COULD not be recovered in due time. Thus NPA is somehow not yielding any income to the lender either in the form of principal or interest payments. NPA is ALSO known as “bad debts”.

A NPA is an obligation payable to the bank which has not been made or the interest and principal amount has not been paid on the due time. NPA is the loan or credit provided by the bank to its customers which could not be recovered in due time. Thus NPA is somehow not yielding any income to the lender either in the form of principal or interest payments. NPA is also known as “bad debts”.

CASA STANDS for Current Account Savings Account. The CASA ratio shows how much deposit a bank has in the form of current and saving account deposits in the TOTAL deposit. A higher CASA ratio means better operating efficiency of the bank because on current account there is no INTEREST payable whereas on savings account a tiny 3.5% interest is payable by the bank. CASA ratio shows how much of the deposit of the bank comes from the current and savings deposit.

CASA stands for Current Account Savings Account. The CASA ratio shows how much deposit a bank has in the form of current and saving account deposits in the total deposit. A higher CASA ratio means better operating efficiency of the bank because on current account there is no interest payable whereas on savings account a tiny 3.5% interest is payable by the bank. CASA ratio shows how much of the deposit of the bank comes from the current and savings deposit.

Commercial bank is owned by the GROUP of individuals or by a member of FEDERAL Reserve System. The commercial bank offer services to individuals, they are primarily concerned with RECEIVING deposits and LENDING to business. Such bank earns money by imposing interest on the loan borrowed by the borrower. The money that is deposited by the customer will be used by the bank to give business loan, auto loan, mortgages and home repair LOANS.

Commercial bank is owned by the group of individuals or by a member of Federal Reserve System. The commercial bank offer services to individuals, they are primarily concerned with receiving deposits and lending to business. Such bank earns money by imposing interest on the loan borrowed by the borrower. The money that is deposited by the customer will be used by the bank to give business loan, auto loan, mortgages and home repair loans.

CONSUMER BANK is a NEW addition in the banking sector, such bank exist only in countries like U.S.A and Germany. This bank provides LOANS to their CUSTOMER to buy T.V, Car, furniture etc. and give the option of easy payment through instalment.

Consumer bank is a new addition in the banking sector, such bank exist only in countries like U.S.A and Germany. This bank provides loans to their customer to buy T.V, Car, furniture etc. and give the option of easy payment through instalment.

Yes, BANK will CHARGE on ‘overdraft protection' services but the charges will be applicable only when you start USING the SERVICE.

Yes, bank will charge on ‘overdraft protection' services but the charges will be applicable only when you start using the service.

The ‘balloon payment' is the final lump sum payment that is due. When the entire loan payment is not AMORTIZED over the life of the loan, the remaining BALANCE is due as the final repayment to the lender. Balloon payment can occur within an adjustable RATE or FIXED rate MORTGAGE.

The ‘balloon payment' is the final lump sum payment that is due. When the entire loan payment is not amortized over the life of the loan, the remaining balance is due as the final repayment to the lender. Balloon payment can occur within an adjustable rate or fixed rate mortgage.

A CREDIT check or a credit report is done by the bank on a basis of an individual's financial credit. It is done in order to make SURE that an individual is capable enough of meeting the financial obligation for its business or any other monetary transaction. The credit check is done KEEPING few aspects in concern like your liabilities, assets, income ETC

A credit check or a credit report is done by the bank on a basis of an individual's financial credit. It is done in order to make sure that an individual is capable enough of meeting the financial obligation for its business or any other monetary transaction. The credit check is done keeping few aspects in concern like your liabilities, assets, income etc

LINE of credit is an agreement or arrangement between the bank and a borrower, to provide a certain amount of LOANS on borrower's demand. The borrower can withdraw the amount at any moment of time and pay the interest only on the amount WITHDRAWN. For example, if you have $5000 line of credit, you can withdraw the full amount or any amount less than $5000 (say $2000) and only pay the interest for the amount withdrawn (in this case $2000).

Line of credit is an agreement or arrangement between the bank and a borrower, to provide a certain amount of loans on borrower's demand. The borrower can withdraw the amount at any moment of time and pay the interest only on the amount withdrawn. For example, if you have $5000 line of credit, you can withdraw the full amount or any amount less than $5000 (say $2000) and only pay the interest for the amount withdrawn (in this case $2000).

ACH STANDS for Automated Clearing House, which is an electronic TRANSFER of FUNDS between banks or financial institutions.

ACH stands for Automated Clearing House, which is an electronic transfer of funds between banks or financial institutions.

The different types of loans OFFERED by banks are:

• UNSECURED Personal LOAN
• SECURED Personal Loan
• AUTO Loans
• Mortgage Loans
• Small business Loans

The different types of loans offered by banks are:

Cheque discounting SERVICE is offered only by few banks. For INSTANCE, if you have a cheque of $3000 outstation and the cheque will take 7 seven days for clearance, then bank will offer you a service for early payment. The bank can make an early payment, but they will pay only for certain percentage of the actual amount, here they will pay you $2000 but they will charge interest on it and the remaining $1000 will be paid, once the outstation cheques get CLEAR.

Cheque discounting service is offered only by few banks. For instance, if you have a cheque of $3000 outstation and the cheque will take 7 seven days for clearance, then bank will offer you a service for early payment. The bank can make an early payment, but they will pay only for certain percentage of the actual amount, here they will pay you $2000 but they will charge interest on it and the remaining $1000 will be paid, once the outstation cheques get clear.

Try your best not to focus on existential, immeasurable GOALS. Job interviews want to know what you TRULY bring, and you should be able to measure the results. The best answer to this type of interview question is, “Management is about setting and reaching goals and employee/organizational RELATIONSHIPS. I measure effectiveness by looking at the data, ensuring that I am meeting deadlines early and helping to achieve organizational growth, and keeping morale high and those under my SUPERVISION engaged and active in their TASKS.”

Try your best not to focus on existential, immeasurable goals. Job interviews want to know what you truly bring, and you should be able to measure the results. The best answer to this type of interview question is, “Management is about setting and reaching goals and employee/organizational relationships. I measure effectiveness by looking at the data, ensuring that I am meeting deadlines early and helping to achieve organizational growth, and keeping morale high and those under my supervision engaged and active in their tasks.”

To answer this question, you can say something like –“I want to join this industry because it can provide me a stable career with good growth prospects. It is ONE of the fastest growing sectors of the nation and provides great career opportunities.

There could be many other reasons for you wanting to join the bank industry for e.g. it is an honest organization, good working CONDITIONS, chances to DIRECTLY interact with public etc. The CHOICE of REASON could be anything that suits you as a person.

To answer this question, you can say something like –“I want to join this industry because it can provide me a stable career with good growth prospects. It is one of the fastest growing sectors of the nation and provides great career opportunities.

There could be many other reasons for you wanting to join the bank industry for e.g. it is an honest organization, good working conditions, chances to directly interact with public etc. The choice of reason could be anything that suits you as a person.

Sir, there are MAINLY three TYPES of risks faced by banks:-

Credit Risk: - loan or NPA.

Market Risk: - Money INVESTED in the market.

Operational risk: - Day-to-Day WORKING risks.

Sir, there are mainly three types of risks faced by banks:-

Credit Risk: - loan or NPA.

Market Risk: - Money invested in the market.

Operational risk: - Day-to-Day working risks.

The candidate must tell about his PLACE of living- city and state. If the board further asks about any specifications, then name of the district etc. should be told. He/she must tell about the famous things of his place. For ex:- a candidate from Lucknow may tell about Imambara, chicken clothes, “tehzeeb” of Lucknow etc. The key things to deal this question effectively are:-

The candidate must know about the local MLA and MP from his area. If any renowned personality belongs to that area, you should be aware of the details.

He must have full knowledge about that place, its history, famous monuments, personalities, rivers, at times even number of railway stations in the city etc., also about the POLITICS of that state-CM and ruling party and all other nitty gritties of his place.

For ex: - A candidate from Ghazipur, U.P. was ASKED about cultivation of “Poppy seeds” as Ghazipur is famous for cultivation of poppy seeds.

At times, questions about local politics are also put forward like a candidate, from Amethi was asked about the ELECTORAL battle between Rahul Gandhi and Kumar Vishwas form Amethi.

A good ANSWER to such questions leaves a very positive impact on the board as it demonstrates your awareness about the surroundings and the fact that you are well prepared puts you ahead of others.

The candidate must tell about his place of living- city and state. If the board further asks about any specifications, then name of the district etc. should be told. He/she must tell about the famous things of his place. For ex:- a candidate from Lucknow may tell about Imambara, chicken clothes, “tehzeeb” of Lucknow etc. The key things to deal this question effectively are:-

The candidate must know about the local MLA and MP from his area. If any renowned personality belongs to that area, you should be aware of the details.

He must have full knowledge about that place, its history, famous monuments, personalities, rivers, at times even number of railway stations in the city etc., also about the politics of that state-CM and ruling party and all other nitty gritties of his place.

For ex: - A candidate from Ghazipur, U.P. was asked about cultivation of “Poppy seeds” as Ghazipur is famous for cultivation of poppy seeds.

At times, questions about local politics are also put forward like a candidate, from Amethi was asked about the electoral battle between Rahul Gandhi and Kumar Vishwas form Amethi.

A good answer to such questions leaves a very positive impact on the board as it demonstrates your awareness about the surroundings and the fact that you are well prepared puts you ahead of others.

That is a really great question. While I haven't had the OPPORTUNITY to DEVELOP within this particular role PER se, I have actually become very involved in my LOCAL foodbank this year. This has taught me a great deal about community, teamwork, and taking initiative.

That is a really great question. While I haven't had the opportunity to develop within this particular role per se, I have actually become very involved in my local foodbank this year. This has taught me a great deal about community, teamwork, and taking initiative.

I think about the outcome from a comprehensive perspective. I think about how the outcome will impact clients or customers, and if it will leave them with a POSITIVE impression of the company. I also think about how it will impact the workers and revenue. If I believe that a decision will make a positive impact in all three AREAS, I will usually say “yes.” If the decision will only benefit one PERSON or lower SALES, I will more than likely decline. To me, it is a matter of attempting to gauge the outcome of a situation.

I think about the outcome from a comprehensive perspective. I think about how the outcome will impact clients or customers, and if it will leave them with a positive impression of the company. I also think about how it will impact the workers and revenue. If I believe that a decision will make a positive impact in all three areas, I will usually say “yes.” If the decision will only benefit one person or lower sales, I will more than likely decline. To me, it is a matter of attempting to gauge the outcome of a situation.

Both are used for the transfer of the amount between two accounts of same BANKS or DIFFERENT bank. ‘Cheque' is ISSUED by an INDIVIDUAL who holds the account in a bank, while ‘DEMAND draft' is issued by the bank on request, and will charge you for the service. Also, demand draft cannot be cancelled, while cheques can be cancelled once issued.

Both are used for the transfer of the amount between two accounts of same banks or different bank. ‘Cheque' is issued by an individual who holds the account in a bank, while ‘Demand draft' is issued by the bank on request, and will charge you for the service. Also, demand draft cannot be cancelled, while cheques can be cancelled once issued.

There are many TYPES of banking software applications and few are listed below

a) Internet banking system: Internet banking allows the customers and financial institution to conduct final transaction using banks or financial INSTITUTE WEBSITE.

b) ATM banking (Automated Teller Machine): It is an electronic banking outlet, which allows customers to complete basic transaction.

c) Core banking system: Core banking is a service provided by a networked bank branches. With this, customer can withdraw MONEY from any branch.

d) Loan management system: The database collects all the information and keeps the track about the customers who borrows the money.

e) Credit management system: Credit management system is a system for handling credit accounts, assessing risks and determining how much credit to offer to the customer.

f) Investment management system: It is a process of managing money, including investments, banking, budgeting and taxes.

g) Stock market management system: The stock market management is a system that manages financial portfolio like securities and bonds.

h) Financial management system: Financial management system is used to govern and keep a record of its INCOME, expense and assets and to keep the accountability of its profit.

There are many types of banking software applications and few are listed below

a) Internet banking system: Internet banking allows the customers and financial institution to conduct final transaction using banks or financial institute website.

b) ATM banking (Automated Teller Machine): It is an electronic banking outlet, which allows customers to complete basic transaction.

c) Core banking system: Core banking is a service provided by a networked bank branches. With this, customer can withdraw money from any branch.

d) Loan management system: The database collects all the information and keeps the track about the customers who borrows the money.

e) Credit management system: Credit management system is a system for handling credit accounts, assessing risks and determining how much credit to offer to the customer.

f) Investment management system: It is a process of managing money, including investments, banking, budgeting and taxes.

g) Stock market management system: The stock market management is a system that manages financial portfolio like securities and bonds.

h) Financial management system: Financial management system is used to govern and keep a record of its income, expense and assets and to keep the accountability of its profit.

Before opening a bank account, if it is a saving account, you have to check the interest rate on the deposit and WHETHER the interest rate remains consistent for the PERIOD. If you have the checking account, then look for how MANY cheques are free to use. Some banks may charge you for using paper cheques or ordering NEW cheque books. Also, check for different debit card OPTION that is provided on opening an account and online banking features.

Before opening a bank account, if it is a saving account, you have to check the interest rate on the deposit and whether the interest rate remains consistent for the period. If you have the checking account, then look for how many cheques are free to use. Some banks may charge you for using paper cheques or ordering new cheque books. Also, check for different debit card option that is provided on opening an account and online banking features.

Ever since my first paper ROUTE at age 10 I've been doing something to keep myself busy and earn money. Back then, it was obviously about EARNING some spending money. What I didn't realize was that I was actually starting the journey of establishing what I liked to do and how I fit in to the grand scheme of things. I then worked as a JUNIOR computer tech in my last 2 summers of HIGH school. It was here that I discovered what I was passionate about and what I wanted to do. I ENROLLED in college to get my degree in computer sciences, and I have been working around technology ever since.

Ever since my first paper route at age 10 I've been doing something to keep myself busy and earn money. Back then, it was obviously about earning some spending money. What I didn't realize was that I was actually starting the journey of establishing what I liked to do and how I fit in to the grand scheme of things. I then worked as a junior computer tech in my last 2 summers of high school. It was here that I discovered what I was passionate about and what I wanted to do. I enrolled in college to get my degree in computer sciences, and I have been working around technology ever since.

I do have previous experience as a manager. At my first job in this industry, it was my responsibility to manage a TEAM of tellers. I was responsible for ensuring that all banking regulations were followed, and if workers had any concerns or questions, I was responsible for intervening. Under my watch, productivity soared and the turnover rate decreased. At my second job, I was a front-end manager at a grocery store. I oversaw a team of CASHIERS and baggers and ensured that customers remained satisfied. Both of these JOBS provided me with a GREAT deal of management and supervisory experience.

I do have previous experience as a manager. At my first job in this industry, it was my responsibility to manage a team of tellers. I was responsible for ensuring that all banking regulations were followed, and if workers had any concerns or questions, I was responsible for intervening. Under my watch, productivity soared and the turnover rate decreased. At my second job, I was a front-end manager at a grocery store. I oversaw a team of cashiers and baggers and ensured that customers remained satisfied. Both of these jobs provided me with a great deal of management and supervisory experience.

It is a letter of credit or a CONTRACTUAL agreement between financial institute (Bank) and the PARTY to which the letter is handed. The ILOC letter cannot be cancelled under any circumstance and, guarantees the payment to the party. It REQUIRES the bank to pay against the drafts meeting all the terms of ILOC. It is valid upto the stated period of time. For example, if a small business wanted to contract with an overseas supplier for a specified ITEM they would come to an agreement on the terms of the sale like quality standards and pricing, and ask their respective banks to open a letter of credit for the transaction. The buyer's bank would forward the letter of credit to the seller's bank, where the payment terms would be finalized and the shipment would be made.

It is a letter of credit or a contractual agreement between financial institute (Bank) and the party to which the letter is handed. The ILOC letter cannot be cancelled under any circumstance and, guarantees the payment to the party. It requires the bank to pay against the drafts meeting all the terms of ILOC. It is valid upto the stated period of time. For example, if a small business wanted to contract with an overseas supplier for a specified item they would come to an agreement on the terms of the sale like quality standards and pricing, and ask their respective banks to open a letter of credit for the transaction. The buyer's bank would forward the letter of credit to the seller's bank, where the payment terms would be finalized and the shipment would be made.

RETAIL or consumer banking

It is a small to mid-sized branch that directly deals with consumer's transaction rather than corporate or other banks

Corporate or business banking

Corporate banking deals with cash management, underwriting, financing and issuing of STOCKS and bonds

SECURITIES and Investment banking

Investment banking manages portfolios of FINANCIAL assets, commodity and currency, FIXED income, corporate finance, corporate advisory services for mergers and acquisitions, debt and equity writing etc.

Non-traditional options

There are many non-bank entities that offer financial services like that of the bank. The entities include credit card companies, credit card report agencies and credit card issuers.

Retail or consumer banking

It is a small to mid-sized branch that directly deals with consumer's transaction rather than corporate or other banks

Corporate or business banking

Corporate banking deals with cash management, underwriting, financing and issuing of stocks and bonds

Securities and Investment banking

Investment banking manages portfolios of financial assets, commodity and currency, fixed income, corporate finance, corporate advisory services for mergers and acquisitions, debt and equity writing etc.

Non-traditional options

There are many non-bank entities that offer financial services like that of the bank. The entities include credit card companies, credit card report agencies and credit card issuers.

Availability Float is a time difference between DEPOSITS made, and the funds are actually available in the ACCOUNT. It is time to PROCESS a physical cheque into your account.

For example, you have $20,000 already in your account and a cheque of another $10,000 DOLLAR is deposited in your account but your account will show balance of $20,000 instead of $30,000 till your $10,000 dollar cheque is cleared this PROCESSING time is known as availability float.

Availability Float is a time difference between deposits made, and the funds are actually available in the account. It is time to process a physical cheque into your account.

For example, you have $20,000 already in your account and a cheque of another $10,000 dollar is deposited in your account but your account will show balance of $20,000 instead of $30,000 till your $10,000 dollar cheque is cleared this processing time is known as availability float.

There are TWO different types of ‘Fixed Deposits'

SPECIAL Term Deposits: In this type of ‘Fixed Deposits', the earned interest on the deposit is added to the principal amount and compounded quarterly. This amount is accumulated and repaid with the principal amount on MATURITY of the deposit.

Ordinary Term Deposits: In this type of ‘Fixed Deposits', the earned credit is credited to the investor's account, once in a QUARTER. In some cases, interest may be credited on a monthly BASIS.

The earned interest on fixed deposits is non-taxable. You can also take a loan against your fixed deposit

There are two different types of ‘Fixed Deposits'

Special Term Deposits: In this type of ‘Fixed Deposits', the earned interest on the deposit is added to the principal amount and compounded quarterly. This amount is accumulated and repaid with the principal amount on maturity of the deposit.

Ordinary Term Deposits: In this type of ‘Fixed Deposits', the earned credit is credited to the investor's account, once in a quarter. In some cases, interest may be credited on a monthly basis.

The earned interest on fixed deposits is non-taxable. You can also take a loan against your fixed deposit

Yes, I am comfortable reprimanding EMPLOYEES if they engage in BEHAVIORS that have a negative impact on the company. It can be awkward, but it is necessary if someone refuses to perform the job properly since his or her performance is a REFLECTION of your managerial aptitude. I believe a minor infraction warrants a WARNING. An intermediate infraction warrants a write-up. If an employee fails to improve or commits a serious infraction, termination or suspension may be considered. I have never had to discharge an employee on those grounds, but I have had to issue WARNINGS and write ups.

Yes, I am comfortable reprimanding employees if they engage in behaviors that have a negative impact on the company. It can be awkward, but it is necessary if someone refuses to perform the job properly since his or her performance is a reflection of your managerial aptitude. I believe a minor infraction warrants a warning. An intermediate infraction warrants a write-up. If an employee fails to improve or commits a serious infraction, termination or suspension may be considered. I have never had to discharge an employee on those grounds, but I have had to issue warnings and write ups.

This question creates an opportunity for a candidate to talk about the mark he or she has LEFT on other organizations. You can DETERMINE whether what a candidate brings to the table is something you really NEED. Since this question is not as COMMON as tell me your greatest STRENGTHS, candidates are less prepared with a stock answer, and actually reflect on their value proposition.

This question creates an opportunity for a candidate to talk about the mark he or she has left on other organizations. You can determine whether what a candidate brings to the table is something you really need. Since this question is not as common as tell me your greatest strengths, candidates are less prepared with a stock answer, and actually reflect on their value proposition.

No, I have never delegated a responsibility to a SUBORDINATE. I believe that SUPERVISORS should be held ACCOUNTABLE for all of their responsibilities. DELEGATING responsibilities to unqualified INDIVIDUALS is dishonest and can have a negative impact on the company's operations.

No, I have never delegated a responsibility to a subordinate. I believe that supervisors should be held accountable for all of their responsibilities. Delegating responsibilities to unqualified individuals is dishonest and can have a negative impact on the company's operations.

True leadership is about personal responsibility. That is why an effective answer to this QUESTION is, “I consider anyone who works with me to be an extension of my effectiveness as manager. I will DISCUSS any PROBLEMS with the employee INDIVIDUALLY and HONESTLY, but if their work affects the bottom line of the company, their shortcomings are also my responsibility.”

True leadership is about personal responsibility. That is why an effective answer to this question is, “I consider anyone who works with me to be an extension of my effectiveness as manager. I will discuss any problems with the employee individually and honestly, but if their work affects the bottom line of the company, their shortcomings are also my responsibility.”

I believe they would rate me fairly HIGHLY. I took the time to foster RELATIONSHIPS with all of my WORKERS, and I believed that everyone was important to the company. I treated all of my employees with respect, without compromising sales and customer SATISFACTION. Of course, there were situations that required a degree of firmness, but I always REMAINED fair.

I believe they would rate me fairly highly. I took the time to foster relationships with all of my workers, and I believed that everyone was important to the company. I treated all of my employees with respect, without compromising sales and customer satisfaction. Of course, there were situations that required a degree of firmness, but I always remained fair.

Start-Up Loans: This type of LOAN is offered to borrower to start their business and can be used to build a storefront, to acquire inventory or pay franchise fees to get a business rolling.

Line of Credit: Lines of credit are another type of business loan provided by commercial BANKS. It is more like a security for your business; the bank allows the customer to WITHDRAW the amount from readily available funds in an adverse time. Customer or Company can pay back over time and withdraw money again without going into the loan process.

Small Business Administration Loans: It is a FEDERAL Agency (U.S) that gives funding to small BUSINESSES and entrepreneurs. SBA (Small Business Administration) loans are made through banks, credit unions and other lenders who partners with SBA.

Start-Up Loans: This type of Loan is offered to borrower to start their business and can be used to build a storefront, to acquire inventory or pay franchise fees to get a business rolling.

Line of Credit: Lines of credit are another type of business loan provided by commercial banks. It is more like a security for your business; the bank allows the customer to withdraw the amount from readily available funds in an adverse time. Customer or Company can pay back over time and withdraw money again without going into the loan process.

Small Business Administration Loans: It is a Federal Agency (U.S) that gives funding to small businesses and entrepreneurs. SBA (Small Business Administration) loans are made through banks, credit unions and other lenders who partners with SBA.

You must give honest and sensible answers to such question. For EX:- A MBA candidate may say that there are hardly GOOD jobs in MBA as of now. BANKING is a safe sector providing great employment opportunities. In the ANSWER, you must show your keen interest in joining banking sector and it should not look like you don't have an option so you are choosing it.

You can also expect some questions from academics. A science stream student may be asked about about Newton's Law etc. So, you must also prepare the subjects studied by you in the degree.

You must give honest and sensible answers to such question. For ex:- A MBA candidate may say that there are hardly good jobs in MBA as of now. Banking is a safe sector providing great employment opportunities. In the answer, you must show your keen interest in joining banking sector and it should not look like you don't have an option so you are choosing it.

You can also expect some questions from academics. A science stream student may be asked about about Newton's Law etc. So, you must also prepare the subjects studied by you in the degree.

During an evaluation, I remain professional and focus on the outcome of the employees' actions. I do not CONSIDER personal relationships at all, and I take the TIME to closely EXAMINE the WRITTEN record of each employee. I feel that written records offer more information in regards to performance as opposed to my personal opinion. For example, if an employee has a history of showing up late, the issue must be addressed whether or not you enjoy working with the employee. If you FAIL to treat all of your employees equally, the team will fall apart.

During an evaluation, I remain professional and focus on the outcome of the employees' actions. I do not consider personal relationships at all, and I take the time to closely examine the written record of each employee. I feel that written records offer more information in regards to performance as opposed to my personal opinion. For example, if an employee has a history of showing up late, the issue must be addressed whether or not you enjoy working with the employee. If you fail to treat all of your employees equally, the team will fall apart.