IIFL Finance Business Development Interview Questions and Answers

Q1. What is a lap lone Property again lone
Ans. 
A lap loan is a type of loan that is secured by the borrower's personal property.
• A lap loan is a form of secured loan where the borrower offers personal property as collateral.

• The lender can seize the collateral if the borrower fails to repay the loan.

• Common examples of lap loans include pawn shop loans and title loans.
Answered by AI
Add your answer
Q2. What was your income?
Ans. 
My income was competitive and reflective of my experience and skills.
• My income was based on my previous work experience and the responsibilities of the role.

• I received bonuses based on meeting sales targets.

• I negotiated a salary increase after successfully completing a major project.

• I regularly reviewed my income to ensure it was in line with industry standards.
Answered by AI
Add your answer

General knowledge and aptitude

Q1. Self interview and experience
Add your answer
Q2. Gold business any experience
Ans. 
Yes, I have experience in the gold business.
• Worked as a business development executive for a gold trading company

• Managed relationships with gold suppliers and buyers

• Negotiated contracts and pricing for gold transactions

• Analyzed market trends and competitor activities in the gold industry
Answered by AI
Add your answer

Q1. What do you know about Muthoot
Add your answer

Q1. Primary questions about education, family background, how many earners at home languages known, current adress and the quality of your speech in telephonic conversation.
Add your answer

Q1. Previous experience, sales and field management
Add your answer

Q1. About product knowledge
Add your answer

Product knowledge and company knowledge