Srijan Technologies Interview Questions and Answers

Trail commission is a recurring payment made to a salesperson or agent for as long as a customer continues to use a product or service.

• Trail commission is a form of residual income

• It is paid to salespeople or agents for as long as a customer continues to use a product or service

• It is usually a percentage of the ongoing revenue generated by the customer

• Examples include insurance policies, investment funds, and subscription services

Term insurance is a type of life insurance that provides coverage for a specific period of time.

• It is a temporary form of life insurance

• It provides coverage for a specific term, usually 10, 20, or 30 years

• If the policyholder dies during the term, the death benefit is paid out to the beneficiaries

• Premiums are typically lower than other types of life insurance

• Once the term ends, the policy can be renewed or converted to a permanent policy

A mutual fund is a type of investment vehicle that pools money from multiple investors to invest in stocks, bonds, or other assets.

• Mutual funds are managed by professional fund managers

• Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying assets

• Mutual funds offer diversification and convenience for investors who may not have the time or expertise to manage their own portfolio

• There are different types of mu...read more

Mutual funds can be categorized into equity, debt, hybrid, solution-oriented, and others.

• Equity funds invest in stocks of companies

• Debt funds invest in fixed income securities like bonds

• Hybrid funds invest in both stocks and bonds

• Solution-oriented funds are designed for specific goals like retirement or child education

• Others include index funds, sector funds, and international funds

NJ group can use various agreements such as partnership agreements, employment agreements, and vendor agreements.

• Partnership agreements

• Employment agreements

• Vendor agreements

Important clauses in a Software agreement include confidentiality, intellectual property rights, warranties, limitations of liability, and termination.

• Confidentiality clause: Protects sensitive information shared during the agreement.

• Intellectual property rights clause: Specifies ownership of any new developments or improvements.

• Warranties clause: Guarantees the software will perform as promised.

• Limitations of liability clause: Limits the liability of the software provider in...read more