Pahal Financial Services Interview Questions and Answers

CCT stands for Closed Circuit Television and CGT stands for Capital Gains Tax.

• CCT is a video surveillance system that uses cameras to monitor a specific area.

• CGT is a tax on the profit made from the sale of an asset, such as property or investments.

• CCT is commonly used for security purposes in businesses, homes, and public spaces.

• CGT is applicable when an individual or business sells a capital asset for a higher price ...read more

PAR is Performance Appraisal Report and MFIN is Microfinance Institutions Network.

• PAR is a report that evaluates an employee's performance based on their job responsibilities and goals.

• MFIN is a network of microfinance institutions that work towards financial inclusion and poverty alleviation.

• PAR is used to identify areas of improvement and provide feedback to employees.

• MFIN provides support and resources to microfinan...read more

JLG stands for Joint Liability Group, a type of microfinance group lending model.

• JLG is a group lending model where a group of individuals take joint liability for each other's loans.

• It is commonly used in microfinance to provide loans to individuals who may not have collateral or credit history.

• The group members are responsible for ensuring that each member repays their loan on time.

• JLGs can be formed by individuals w...read more