Geojit Financial Services Business Support Executive Interview Questions, Process, and Tips

A mutual fund is a type of investment vehicle made up of a pool of money collected from many investors to invest in securities.

• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund, which represents a portion of the holdings of the fund.

• The value of the shares is determined by the performance of the underlying securities in the fund.

• Mutual funds offer diversification and conveni...read more

SIP is a type of investment plan where a fixed amount is invested at regular intervals in a mutual fund or stock.

• SIP allows investors to invest small amounts of money regularly.

• It helps in averaging out the cost of investment over a period of time.

• SIPs can be started with as low as Rs. 500 per month.

• It is a disciplined approach to investing and helps in achieving long-term financial goals.

• Example: Investing Rs. 5,000 e

Life and general insurance are two types of insurance policies that provide financial protection against unexpected events.

• Life insurance provides financial protection to the policyholder's family in case of the policyholder's death.

• General insurance provides financial protection against losses due to unforeseen events like accidents, theft, fire, etc.

• Types of life insurance include term life, whole life, and universal...read more

A demat account is an electronic account that holds shares and securities in a digital format.

• Demat stands for dematerialization.

• It eliminates the need for physical share certificates.

• It allows for easy and secure trading of shares and securities.

• It is mandatory for trading in the Indian stock market.

• Examples of demat account providers include HDFC Bank, ICICI Bank, and Kotak Securities.