20+ iTours Operator Software Interview Questions and Answers

The overall economic market is currently uncertain due to the ongoing pandemic and geopolitical tensions.

• The pandemic has caused disruptions in global supply chains and reduced consumer demand.

• Geopolitical tensions, such as the US-China trade war, have led to increased uncertainty and volatility in the market.

• However, some sectors such as technology and healthcare have seen growth due to increased demand for remote work and medical supplies.

• The economic recovery will depend o...read more

I would suggest a diversified portfolio based on the customer's risk appetite and financial goals.

• Assess the customer's risk appetite and financial goals

• Suggest a diversified portfolio with a mix of stocks, bonds, and mutual funds

• Consider the customer's age and investment horizon

• Regularly review and rebalance the portfolio

• Provide education on investment options and market trends

Working capital is the difference between current assets and current liabilities. BG stands for Bank Guarantee and Counter BG is a guarantee issued by the beneficiary's bank to the applicant's bank.

• Working capital is the amount of money a company has available to fund its day-to-day operations

• It is calculated by subtracting current liabilities from current assets

• BG or Bank Guarantee is a type of financial instrument issued by a bank on behalf of a customer

• It is a promise to p...read more

Marketing is the process of promoting and selling products or services to customers.

• Marketing involves identifying customer needs and wants

• Creating a product or service that meets those needs

• Promoting the product or service through advertising, public relations, and other channels

• Sales approach involves building relationships with customers

• Understanding their needs and providing solutions

• Cross-selling involves identifying additional products or services that may benefit the c...read more

I do not have the available data to answer this question.

Types of loans and IRDAI are related to banking and finance.

• Types of loans include personal loans, home loans, car loans, education loans, etc.

• IRDAI stands for Insurance Regulatory and Development Authority of India.

• IRDAI regulates and promotes the insurance industry in India.

• IRDAI also sets guidelines for insurance companies regarding premiums, claims, etc.

To sell personal loans, focus on the benefits, offer competitive rates, and tailor the loan to the customer's needs.

• Highlight the benefits of the loan, such as flexible repayment options and quick access to funds

• Offer competitive interest rates and fees compared to other lenders

• Tailor the loan to the customer's specific needs and financial situation

• Provide excellent customer service and follow-up to build trust and loyalty

• Use targeted marketing and advertising to reach potent...read more

Working capital objectives are the goals a company sets to manage its current assets and liabilities effectively.

• Working capital objectives aim to ensure sufficient liquidity for day-to-day operations.

• It involves managing the balance between current assets (such as cash, inventory, accounts receivable) and current liabilities (such as accounts payable, short-term debt).

• Objectives may include optimizing cash flow, minimizing inventory holding costs, reducing accounts receivabl...read more

I source files through various channels such as referrals, networking, and online platforms.

• Referrals from existing clients

• Networking with professionals in related fields

• Online platforms such as LinkedIn and industry-specific forums

• Attending industry events and conferences

• Collaborating with other Relationship Managers

• Utilizing company databases and resources

BG stands for Bank Guarantee in capital market.

• BG is a type of financial instrument used to secure a loan or transaction.

• It is issued by a bank on behalf of a customer to guarantee payment to a third party.

• BGs are commonly used in international trade and project financing.

• They can be either performance-based or financial-based guarantees.

• BGs can be either cash-backed or non-cash-backed.

• BGs are often required by lenders or investors as a form of security.

• BGs can be expensive t...read more

Yes, I have knowledge about the stock market.

• I have studied finance and economics which includes stock market

• I keep myself updated with the latest news and trends in the stock market

• I have experience in managing portfolios that include stocks

• I understand the risks and rewards associated with investing in the stock market

Working capital is the difference between current assets and current liabilities. WC cycle is the time it takes to convert working capital into cash. Financial ratios are used to analyze a company's financial performance.

• Working capital is calculated as current assets minus current liabilities

• WC cycle measures the time it takes for a company to convert working capital into cash

• Financial ratios like current ratio, quick ratio, and debt-to-equity ratio are used to assess a comp...read more

Yes, my cousin is a member of the bank.

• Yes, my cousin has been a member of the bank for several years.

• Having a family member as a member of the bank has given me insight into the services and benefits offered.

• I have seen firsthand the positive experiences my cousin has had with the bank.

I would add value to my work by building strong relationships with clients, providing personalized solutions, and continuously seeking ways to improve their financial well-being.

• Building strong relationships with clients to understand their needs and goals

• Providing personalized financial solutions tailored to each client's unique situation

• Continuously seeking ways to improve clients' financial well-being through proactive communication and recommendations

Banks are financial institutions that provide various financial services such as deposits, loans, and investments.

• Banks accept deposits from customers and provide interest on those deposits.

• Banks offer loans to individuals and businesses for various purposes.

• Banks facilitate transactions through checking accounts, savings accounts, and online banking.

• Banks provide investment services such as wealth management and retirement planning.

• Banks play a crucial role in the economy by...read more

I am very comfortable handling calls and have experience in customer service roles.

• I have previous experience in customer service roles where I handled calls on a daily basis.

• I am confident in my communication skills and can effectively handle various types of calls.

• I am able to remain calm and professional, even in challenging or high-pressure situations.

I handle a range of financial products including loans, credit cards, savings accounts, and investment products.

• I am responsible for managing relationships with clients and helping them choose the right products for their needs.

• I work closely with other departments such as sales, marketing, and operations to ensure that our clients receive the best possible service.

• Some examples of products I handle include personal loans, business loans, credit cards, savings accounts, and i...read more

OD refers to Overdraft while CC refers to Cash Credit.

• OD is a facility where the account holder can withdraw more than the available balance up to a certain limit, while CC is a facility where the account holder can borrow money up to a certain limit for a specific period.

• OD is usually given to individuals while CC is given to businesses.

• OD interest is charged on the amount overdrawn while CC interest is charged on the amount borrowed.

• OD is a short-term facility while CC is a...read more

Net worth formula is the difference between total assets and total liabilities of an individual or a company.

• Net worth = Total assets - Total liabilities

• Assets include cash, investments, property, and other valuables

• Liabilities include debts, loans, mortgages, and other financial obligations

• Net worth is a measure of an individual's or company's financial health and stability

• Positive net worth means assets exceed liabilities, while negative net worth means liabilities exceed a...read more

To pitch a product, I focus on understanding the customer's needs and highlighting the benefits of the product.

• Research the customer's needs and tailor the pitch accordingly

• Highlight the unique features and benefits of the product

• Use storytelling to make the pitch more engaging

• Address any potential objections or concerns the customer may have

• End with a clear call to action

I analyse clients by understanding their needs, goals, preferences, and financial situation.

• Conduct thorough interviews with clients to gather information

• Review financial documents and statements to assess current financial status

• Identify client's short-term and long-term financial goals

• Evaluate risk tolerance and investment preferences

• Create personalized financial plans based on client's needs and goals

The insurance sector can be challenging due to complex regulations, changing market conditions, and evolving customer needs.

• Regulatory changes can impact product offerings and pricing

• Competition can be fierce, requiring strong relationship-building skills

• Customer expectations are constantly evolving, requiring adaptability and innovation

CC calculation involves determining the credit limit for a customer based on various factors.

• CC stands for Credit Card.

• The calculation of CC involves assessing the customer's creditworthiness, income, and financial history.

• Factors such as credit score, debt-to-income ratio, and payment history are considered.

• The credit limit is determined by the bank or financial institution based on their risk assessment.

• Example: If a customer has a high credit score and a low debt-to-income...read more

Working capital refers to the funds a company uses to finance its day-to-day operations and meet its short-term obligations.

• Working capital is the difference between a company's current assets and current liabilities.

• It represents the liquidity available to a company for its daily operations.

• Positive working capital indicates a company's ability to meet its short-term financial obligations.

• Negative working capital suggests a company may struggle to pay its debts on time.

• Examp...read more

I have 5 years of sales experience in the financial industry, consistently exceeding targets.

• Managed a portfolio of high net-worth clients, increasing revenue by 20% year-over-year

• Implemented successful sales strategies to acquire new clients and retain existing ones

• Utilized CRM software to track leads and follow up on sales opportunities