Mphasis SME Interview Questions and Answers

Economic details of trade include factors such as supply and demand, tariffs, exchange rates, and trade agreements.

• Supply and demand affect the prices of goods and services traded between countries

• Tariffs are taxes imposed on imported goods, which can affect the competitiveness of domestic industries

• Exchange rates determine the value of currencies used in international trade

• Trade agreements, such as NAFTA and the TPP, ...read more

Buy ins refer to the process of gaining acceptance or agreement from others to support a particular idea or initiative.

• Buy ins involve convincing others to support a particular idea or initiative

• They are characterized by the need for persuasion and negotiation

• Buy ins can be achieved through effective communication, building relationships, and addressing concerns

• Examples of buy ins include gaining support for a new proj...read more

A custodian bank is a financial institution that holds and safeguards assets on behalf of its clients.

• Custodian banks provide services such as safekeeping of assets, settlement of trades, and corporate actions processing.

• They also offer reporting and record-keeping services to clients.

• Custodian banks may also provide other services such as foreign exchange, cash management, and securities lending.

• Examples of custodian ...read more