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LC stands for Letter of Credit, a financial document used in international trade to ensure payment between a buyer and a seller.
LC is a guarantee from a bank that a seller will receive payment for goods or services, as long as certain conditions are met.
There are different types of LCs, such as revocable, irrevocable, confirmed, and unconfirmed.
LCs are commonly used in international trade to reduce the risk of non-paym...
UCP stands for Uniform Customs and Practice for Documentary Credits, a set of rules for international trade finance.
UCP is published by the International Chamber of Commerce (ICC)
It provides guidelines for banks and companies involved in international trade to ensure smooth transactions
Some articles include UCP 600, UCP 500, and UCP 700
I applied via Walk-in and was interviewed in Nov 2024. There were 2 interview rounds.
The aptitude test is conducted on grammar and arithmetic sequences at a moderately difficult level.
I applied via Referral and was interviewed in Apr 2024. There were 4 interview rounds.
Essey writing and letter writing
I applied via Walk-in and was interviewed in Apr 2024. There was 1 interview round.
FedServ interview questions for popular designations
I applied via Naukri.com and was interviewed in Dec 2023. There was 1 interview round.
Talking in the market involves effective communication, building relationships, and understanding customer needs.
Listen actively to customers to understand their needs and preferences
Communicate clearly and confidently to build trust with customers
Use persuasive language and techniques to promote products or services
Build relationships with customers by being friendly and approachable
Stay updated on market trends and c
To go to market, conduct market research, define target audience, develop marketing strategy, choose distribution channels, and execute the plan.
Conduct thorough market research to understand the competition, trends, and customer needs.
Define your target audience to tailor your marketing efforts effectively.
Develop a comprehensive marketing strategy that includes branding, messaging, and promotional tactics.
Choose the ...
I applied via Walk-in and was interviewed before Aug 2023. There were 3 interview rounds.
Email writing, Essay writing, GK
I got the topic - women empowerment
I applied via Naukri.com and was interviewed before Apr 2022. There were 4 interview rounds.
English, general banking, mathematic
Current affairs, sports and world politics
Managing customer complaints and resolving issues
Dealing with dissatisfied customers and finding solutions to their problems
Handling escalated complaints and ensuring timely resolution
Balancing customer satisfaction with company policies and procedures
Maintaining a calm and professional demeanor during challenging interactions
Providing clear and accurate information to customers to address their concerns
Implemented various initiatives to improve customer satisfaction and streamline processes.
Introduced a new online banking platform, resulting in a 20% increase in customer adoption.
Developed and implemented a customer feedback system, leading to a 15% improvement in overall satisfaction ratings.
Streamlined loan approval process by implementing automated workflows, reducing processing time by 30%.
Launched a financial li...
The most important attribute for a service officer is excellent communication skills.
Excellent communication skills are crucial for a service officer as they need to effectively communicate with customers, colleagues, and superiors.
Clear and concise communication helps in understanding customer needs and providing appropriate solutions.
Good communication builds trust and rapport with customers, enhancing the overall cu...
NPS stands for Net Promoter Score. It is a metric used to measure customer loyalty and satisfaction.
NPS is calculated by asking customers how likely they are to recommend a company or product to others on a scale of 0-10.
Customers who give a score of 9 or 10 are considered promoters, while those who give a score of 0-6 are considered detractors.
The NPS score is calculated by subtracting the percentage of detractors fro...
I applied via Referral and was interviewed before Oct 2022. There were 4 interview rounds.
Numerical ability, Quantitative Aptitude, English language
Communication Skill is important
Interview experience
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