IIFL Finance Back Office Associate Interview Questions and Answers

Q1. What is demat and trading ac
Ans. 
Demat and trading accounts are used for buying and selling securities in electronic form.
• Demat account is used to hold securities in electronic form

• Trading account is used to buy and sell securities

• Demat account is mandatory for trading in the stock market

• Trading account is linked to the bank account for seamless transactions

• Both accounts are offered by depository participants and stockbrokers
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Q1. Talk about sales and marketing experience And ask how to handle Custmer problem
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Q2. How to handle a team
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Target and motivation and how increase company revenue

Q1. Nothing just normal your introduction and job description that's it
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Q1. What is share market
Ans. 
Share market is a platform where buying and selling of company stocks and securities takes place.
• Share market allows companies to raise capital by selling shares to investors

• Investors can buy and sell shares of publicly traded companies

• Prices of shares fluctuate based on supply and demand in the market

• Investors can make profits by selling shares at a higher price than they bought them for
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Q2. How to convince clients to invest in share market
Ans. 
To convince clients to invest in the share market, highlight potential returns, diversification benefits, and long-term growth opportunities.
• Educate clients on the potential returns and benefits of investing in the share market.

• Highlight the benefits of diversification to reduce risk in their investment portfolio.

• Emphasize the long-term growth opportunities in the share market compared to other investment options.

• Provi...read more
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