Motilal Oswal Financial Services
20+ Eastern Financiers Interview Questions and Answers
Q1. What is matual funds or sip ?
Mutual funds are investment vehicles that pool money from multiple investors to invest in stocks, bonds, or other assets. SIP is a method of investing in mutual funds regularly.
Mutual funds are managed by professional fund managers
Investors can buy and sell mutual fund units at NAV
SIP allows investors to invest a fixed amount at regular intervals
SIP helps in rupee cost averaging and disciplined investing
Examples of mutual funds include HDFC Equity Fund, SBI Bluechip Fund, etc...read more
Q2. What is Demat account ?
A Demat account is an electronic account that holds shares and securities in a digital format.
Demat stands for dematerialization.
It eliminates the need for physical share certificates.
It allows for easy and secure trading of shares and securities.
It is mandatory for trading in the Indian stock market.
Examples of securities that can be held in a Demat account include stocks, bonds, and mutual funds.
Q3. What's term plan , health insurance, life cover
Term plan is a type of life insurance policy that provides coverage for a specific period of time. Health insurance covers medical expenses. Life cover provides financial protection to the family in case of the policyholder's death.
Term plan provides coverage for a specific period of time, usually ranging from 5 to 30 years.
Health insurance covers medical expenses such as hospitalization, surgery, and medication.
Life cover provides financial protection to the family in case o...read more
Q4. How you can create sales lead
Sales leads can be created through networking, referrals, cold calling, and social media.
Networking events and conferences can help build relationships and generate leads
Asking current clients for referrals can lead to new business opportunities
Cold calling potential clients can be effective if done properly
Social media platforms like LinkedIn can be used to connect with potential clients and share industry insights
Creating valuable content such as blog posts or webinars can ...read more
Q5. What's 80c diduction?
80C deduction is a tax deduction under Section 80C of the Income Tax Act, 1961.
It allows individuals to claim a deduction of up to Rs. 1.5 lakh from their taxable income.
Investments made in certain financial instruments such as Public Provident Fund (PPF), Equity-Linked Savings Scheme (ELSS), National Savings Certificate (NSC), etc. are eligible for this deduction.
Life insurance premiums, tuition fees paid for children's education, and home loan principal repayment are also e...read more
Q6. Can u bring us sales?? From where do you bring sales for us??
Yes, I can bring sales by leveraging my network, cold calling, attending networking events, and utilizing social media platforms.
Utilize my existing network to generate leads and referrals
Engage in cold calling to reach out to potential clients
Attend networking events to connect with prospects and build relationships
Utilize social media platforms to promote our services and attract new clients
Q7. Long form of CDSL ?
CDSL stands for Central Depository Services Limited.
CDSL is a depository for securities in India.
It was established in 1999.
It provides services like dematerialization, trading, and settlement of securities.
CDSL is one of the two depositories in India, the other being NSDL.
Q8. How to identify stock for investment
Identifying stocks for investment involves research, analysis, and understanding market trends.
Research the company's financial health, management team, and industry trends
Analyze the company's growth potential, competitive advantage, and valuation
Understand market trends, economic indicators, and geopolitical factors
Diversify your portfolio to reduce risk
Examples: Apple Inc. for growth potential, Coca-Cola for stability, Tesla for innovation
Q9. How would benefit from your analysis
My analysis would benefit by providing valuable insights and recommendations to improve client relationships and drive business growth.
Identifying key client needs and preferences to tailor solutions
Analyzing data to forecast trends and anticipate client needs
Developing personalized strategies to enhance client satisfaction and retention
Providing actionable recommendations to strengthen client relationships and drive revenue growth
Q10. How to convene agree customer to ready for sell
Build trust, understand needs, provide solutions, address concerns, negotiate terms.
Establish trust by listening actively and showing empathy.
Understand customer needs and preferences through open-ended questions.
Provide tailored solutions that meet their specific requirements.
Address any concerns or objections they may have with honesty and transparency.
Negotiate terms that are mutually beneficial and ensure customer satisfaction.
Follow up to ensure smooth transition and add...read more
Q11. How will sale products for customers
I will identify customer needs, recommend suitable products, and provide personalized solutions to meet their financial goals.
Understand customer needs and financial goals
Recommend products that align with customer needs
Provide personalized solutions tailored to each customer
Build trust and rapport with customers to increase sales
Follow up with customers to ensure satisfaction and address any concerns
Q12. How to convene to customer for sales
Convince customers by understanding their needs, building rapport, and offering tailored solutions.
Listen actively to understand customer needs and preferences
Build rapport by showing genuine interest and empathy
Highlight the benefits of your product or service that align with customer needs
Offer personalized solutions based on customer's specific requirements
Provide excellent customer service to build trust and loyalty
Follow up with customers to ensure satisfaction and addre...read more
Q13. How many STOCK exchanges in India
There are 8 stock exchanges in India.
There are 2 major stock exchanges in India - BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
Apart from BSE and NSE, there are 6 regional stock exchanges in India.
Some of the regional stock exchanges include Calcutta Stock Exchange, Madras Stock Exchange, and Ahmedabad Stock Exchange.
Q14. How do you sell demat account?
I sell demat accounts by highlighting the benefits of secure and convenient online trading.
Educate customers on the advantages of demat accounts such as easy access to securities, reduced paperwork, and faster transactions.
Offer personalized assistance in opening and managing demat accounts to build trust and rapport with clients.
Provide demonstrations or case studies to showcase how demat accounts can streamline the investment process and enhance portfolio management.
Highlig...read more
Q15. What are your strenghth
My strengths include strong communication skills, ability to build relationships, and problem-solving abilities.
Strong communication skills - able to effectively communicate with clients and colleagues
Ability to build relationships - skilled at developing and maintaining strong relationships with clients
Problem-solving abilities - adept at finding solutions to complex issues
Q16. is option trading profitable
Option trading can be profitable but also involves high risk and requires expertise.
Option trading can provide high returns due to leverage.
However, it also involves high risk and potential for significant losses.
Successful option trading requires in-depth knowledge of the market and strategies.
It is important to have a well-defined risk management plan in place.
Examples of profitable option trading strategies include covered calls, straddles, and iron condors.
Q17. Tell me about life insurance
Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured's death.
Life insurance provides financial protection for loved ones in the event of the insured's death.
There are different types of life insurance policies, such as term life, whole life, and universal life.
Premiums for life insurance are based on factors like age, health, and coverage amount.
Life insurance can also offer benefits like cash value accumulation and tax adva...read more
Q18. What is mutual fund and sip
Mutual fund is a pool of funds collected from multiple investors to invest in securities, while SIP is a systematic investment plan where investors regularly invest a fixed amount.
Mutual fund is a professionally managed investment fund that pools money from many investors to purchase securities.
SIP is a method of investing a fixed sum regularly in a mutual fund scheme.
Mutual funds offer diversification, professional management, and liquidity.
SIP helps in rupee cost averaging ...read more
Q19. How stock market work
The stock market is a platform where investors buy and sell shares of publicly traded companies.
Investors buy shares of a company in the hope that the value will increase over time.
Stock prices are influenced by various factors such as company performance, economic conditions, and investor sentiment.
Stock exchanges like NYSE and NASDAQ facilitate the buying and selling of stocks.
Stock market indices like the S&P 500 and Dow Jones Industrial Average track the performance of a ...read more
Q20. What is NAV in SIP
NAV in SIP stands for Net Asset Value in Systematic Investment Plan, representing the value of each unit of a mutual fund scheme.
NAV is the price at which investors buy or sell units of a mutual fund.
It is calculated by dividing the total value of assets in the fund by the total number of units outstanding.
NAV fluctuates daily based on the performance of the underlying securities in the fund.
Investors can use NAV to track the performance of their investments in a mutual fund....read more
Q21. Say something about stock market
The stock market is a platform where investors buy and sell shares of publicly traded companies.
Stock market allows companies to raise capital by selling shares to investors
Investors can make money through capital gains and dividends
Stock prices are influenced by various factors such as company performance, economic conditions, and market sentiment
Q22. What is equity
Equity is the value of an asset after deducting any liabilities associated with that asset.
Equity represents ownership in an asset or company.
It is calculated by subtracting liabilities from the total value of the asset.
In finance, equity can refer to stocks or ownership in a company.
Home equity is the value of a homeowner's interest in their home after deducting any mortgages or other liabilities.
Equity can also refer to fairness and justice in various contexts.
Q23. What is mutual fund
A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, managed by a professional fund manager.
Mutual funds pool money from multiple investors to invest in a diversified portfolio of securities
Investors buy shares of the mutual fund, which represent a portion of the holdings in the fund
Professionally managed by fund managers who make investment decisions on behalf of the investors
Provide diversification, liquidity, and pr...read more
Q24. What is Share Market
Share market is a platform where buying and selling of company stocks and securities takes place.
Share market allows companies to raise capital by issuing shares to investors
Investors can buy and sell shares to make a profit
Prices of shares fluctuate based on market demand and supply
Share market can be volatile and risky, requiring careful research and analysis
Examples: New York Stock Exchange (NYSE), NASDAQ, Bombay Stock Exchange (BSE)
Q25. Define mutual fund policy
Mutual fund policy outlines the investment objectives, strategies, and guidelines for managing a mutual fund.
Mutual fund policy includes the fund's investment objectives, risk tolerance, asset allocation, and investment restrictions.
It also outlines the fund manager's responsibilities, fees and expenses, and redemption policies.
Examples of mutual fund policies include growth funds focusing on capital appreciation, income funds targeting regular income, and balanced funds inve...read more
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