Eastern International LLC Interview Questions and Answers

AUM stands for Assets Under Management and is the total value of assets managed by a financial institution or individual.

• AUM includes all assets such as stocks, bonds, real estate, and cash.

• To calculate AUM, add up the market value of all assets being managed.

• For example, if a financial advisor manages $10 million in stocks, $5 million in bonds, and $2 million in real estate, their AUM would be $17 million.

• AUM is an important metric for financial institutions as it determines...read more

AUM can be calculated by adding current assets under management and future principal.

• AUM stands for Assets Under Management.

• It is a measure of the total value of assets that a financial institution manages on behalf of its clients.

• It includes both current assets and future principal.

• For example, if a financial institution manages $100 million in current assets and has $50 million in future principal commitments, its AUM would be $150 million.

To increase sales and collection, I suggest implementing targeted marketing campaigns, improving customer service, and offering flexible payment options.

• Create targeted marketing campaigns to reach potential customers

• Improve customer service to retain existing customers and encourage referrals

• Offer flexible payment options such as installment plans or online payment portals

• Analyze sales data to identify trends and adjust strategies accordingly

Assets are resources owned by an individual or organization that have monetary value and can be used to generate income.

• Assets can include physical property such as real estate, vehicles, and equipment

• Financial assets such as stocks, bonds, and cash

• Intellectual property such as patents, trademarks, and copyrights

• Assets are typically listed on a balance sheet and can be used to secure loans or investments

Individuals with a high credit score have the best CIBIL score.

• Individuals who consistently make timely payments on their loans and credit cards.

• People who have a low credit utilization ratio.

• Those who have a long credit history with a mix of different types of credit accounts.

• Borrowers who have not defaulted on any loans or credit card payments.

• Customers who regularly check their credit report for errors and take steps to correct them.