Aviva Life Insurance India Operations Intern Interview Questions and Answers

Section 80C and 10(10D) are provisions in the Indian Income Tax Act that offer tax benefits on certain investments and insurance policies.

• Section 80C allows individuals to claim deductions on investments in specified financial instruments such as life insurance premiums, employee provident fund, public provident fund, and tax-saving fixed deposits.

• The maximum deduction allowed under section 80C is Rs. 1.5 lakh per fina...read more

SA stands for Systematic Investment Plan, PI stands for Personal Identification and PO stands for Post Office.

• SA - Systematic Investment Plan is a method of investing in mutual funds where a fixed amount is invested at regular intervals.

• PI - Personal Identification is the process of verifying the identity of an individual using personal information such as name, date of birth, and address.

• PO - Post Office is a governme...read more

To retain a four rating employee, provide opportunities for growth, recognition, feedback, and support.

• Offer opportunities for professional growth and development such as training programs or mentorship.

• Provide regular feedback on their performance and recognize their achievements.

• Create a supportive work environment where the employee feels valued and motivated.

• Involve the employee in decision-making processes and sho...read more