Paytm Payments Bank FSE Interview Questions and Answers for Experienced

Banks earn money through various sources such as interest on loans, fees, investments, and trading.

• Interest on loans

• Fees (e.g. account maintenance fees, ATM fees, overdraft fees)

• Investments (e.g. stocks, bonds, mutual funds)

• Trading (e.g. foreign exchange, commodities)

• Credit card interest and fees

Luca Pacioli is considered the father of modern accounting.

• Luca Pacioli was an Italian mathematician and Franciscan friar who wrote the first book on double-entry accounting in 1494.

• He is known for his contributions to the development of accounting as a profession.

• Pacioli's book, Summa de Arithmetica, Geometria, Proportioni et Proportionalita, included a section on bookkeeping that introduced the concept of double-entr...read more

To deal with clients and convince them, it is important to build rapport, understand their needs, provide solutions, and showcase value.

• Build rapport by actively listening and showing genuine interest in their concerns.

• Understand their needs by asking open-ended questions and conducting thorough research.

• Provide solutions that align with their goals and address their pain points.

• Showcase value by highlighting the uniqu...read more