Klm Axiva Finvest Executive Accountant Interview Questions and Answers

Credit cards are payment cards that allow consumers to borrow money to make purchases.

• Credit cards offer convenience and flexibility for making purchases.

• They can be used for online shopping, travel bookings, and everyday expenses.

• Credit cards often come with rewards programs, such as cashback or points for travel.

• They can also help build credit history and improve credit scores.

• However, if not used responsibly, credit

To segment a population based on attributes, use clustering algorithms like k-means or hierarchical clustering.

• Identify relevant attributes such as age, income, education level, etc.

• Normalize the data to ensure all attributes are on the same scale.

• Choose a clustering algorithm based on the size of the dataset and the desired number of segments.

• Evaluate the results using metrics like silhouette score or within-cluster s...read more

POS stands for Point of Sale. It refers to the system used to complete sales transactions in retail or hospitality businesses.

• POS is a computerized system that includes hardware (such as a cash register or barcode scanner) and software (to process transactions and manage inventory).

• It is used to facilitate the exchange of goods or services for payment.

• POS systems can track sales, manage inventory, generate reports, and...read more

I will highlight the benefits of having a credit card and tailor the offer to the customer's needs.

• Explain the rewards and cashback programs offered by the credit card

• Highlight the convenience of not carrying cash and the security features of the card

• Tailor the offer to the customer's spending habits and lifestyle

• Address any concerns or objections the customer may have

• Provide excellent customer service and follow up wi