ITC Hotels Assistant Accounts Manager Interview Questions, Process, and Tips

It was a case study where we have to come up with a solution for the problem and the time given for the discussion is 15 min

Q1. What is blocked credit
Ans. 
Blocked credit refers to the amount of credit that is temporarily unavailable for use due to certain restrictions or issues.
• Blocked credit can occur when a customer exceeds their credit limit.

• It can also happen when there are pending transactions that have not been processed yet.

• Blocked credit may be due to suspected fraudulent activity on the account.

• In some cases, blocked credit can be resolved by contacting the cred...read more
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Q2. What id reverse charged mechanism
Ans. 
Reverse charge mechanism is a concept in taxation where the recipient of the goods or services is liable to pay the tax instead of the supplier.
• Under reverse charge mechanism, the recipient of the goods or services is responsible for paying the tax directly to the government.

• This mechanism is commonly used in B2B transactions where the supplier is not required to collect tax from the recipient.

• It is often implemented t...read more
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Q3. What do you understand by capm model
Ans. 
CAPM model stands for Capital Asset Pricing Model, used to determine the expected return on an investment based on risk and cost of capital.
• CAPM model calculates the expected return on an investment by considering the risk-free rate, beta of the investment, and market risk premium.

• It helps in determining if an investment is worth the risk by comparing the expected return with the required return.

• The formula for CAPM is...read more
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Q4. How will you approach the third parties for information
Ans. 
I will approach third parties for information by establishing clear communication channels and building strong relationships.
• Initiate contact through email or phone to request information

• Clearly explain the purpose of the request and provide necessary details

• Follow up politely and promptly if there is no response

• Maintain professionalism and confidentiality in all communications

• Build rapport with third parties to facili
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