General Insurance Interview Questions and Answers

Technical analysis of a stock involves studying historical price and volume data to predict future price movements.

• It is a method used by traders and investors to make decisions based on price patterns and trends.

• Technical analysts use various tools and indicators, such as moving averages and chart patterns, to analyze stock price data.

• The goal is to identify potential buying or selling opportunities and to determine t...read more

The current term deposit rates in India vary depending on the bank and tenure.

• Term deposit rates in India are determined by individual banks.

• Rates can vary based on the tenure of the deposit.

• Different banks offer different interest rates for term deposits.

• Customers can compare rates offered by various banks before making a decision.

• Term deposit rates are subject to change based on market conditions.

ELSS stands for Equity Linked Savings Scheme. It is a type of mutual fund that offers tax benefits under Section 80C of the Income Tax Act.

• ELSS is a type of mutual fund

• It invests primarily in equity and equity-related instruments

• ELSS has a lock-in period of 3 years

• Investors can claim tax deductions of up to Rs. 1.5 lakh under Section 80C

• ELSS offers the potential for higher returns compared to other tax-saving instrumen