mSupply Interview Questions and Answers

Salespeople require qualities such as communication skills, persistence, adaptability, and product knowledge.

• Excellent communication skills to build relationships with clients

• Persistence to follow up with leads and close deals

• Adaptability to changing market trends and customer needs

• Product knowledge to effectively pitch and answer questions

• Confidence and charisma to persuade potential customers

• Time management and organ...read more

Insurance is a contract between an individual and an insurance company to protect against financial loss.

• Insurance provides financial protection against unexpected events such as accidents, illnesses, and natural disasters.

• The individual pays a premium to the insurance company in exchange for coverage.

• The insurance company assumes the risk of financial loss and pays out claims when necessary.

• Types of insurance include ...read more

Taxation in mutual funds varies for equity and debt funds, and for short and long term investments.

• Equity funds held for more than a year are taxed at 10% on gains above Rs. 1 lakh

• Short-term gains in equity funds are taxed at 15%

• Debt funds held for less than 3 years are taxed as per the investor's income tax slab

• Long-term gains in debt funds are taxed at 20% with indexation benefit

• Dividends from mutual funds are tax-fr