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Repo/reverse repo rate is the rate at which RBI lends/borrows money from banks. Current value varies.
Repo rate is the rate at which RBI lends money to commercial banks
Reverse repo rate is the rate at which RBI borrows money from commercial banks
These rates are used to control inflation and liquidity in the economy
Current repo rate is 4.00% and reverse repo rate is 3.35% as of August 2021
Money is a medium of exchange for goods and services. Banks create money through the process of fractional reserve banking.
Money is a universally accepted medium of exchange
It facilitates transactions for goods and services
Banks create money through fractional reserve banking
Banks lend out more money than they have in reserves
This creates new money in the economy
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I applied via Company Website and was interviewed in Jul 2024. There was 1 interview round.
I applied via Company Website and was interviewed in Aug 2024. There were 4 interview rounds.
It was a case study round with the manager and about the CV
Normaa CAT level apti questions
A normal case study of food delivery giant was given
I applied via Walk-in and was interviewed in Jun 2024. There were 2 interview rounds.
I applied via LinkedIn and was interviewed in Mar 2024. There were 5 interview rounds.
Easy to medium level
It was a altitude test.
I applied via Company Website and was interviewed in Jan 2024. There was 1 interview round.
Waterfall model is a linear sequential approach to software development.
Waterfall model follows a step-by-step approach where progress flows in one direction only.
It consists of distinct phases such as requirements, design, implementation, testing, and maintenance.
Each phase must be completed before moving on to the next.
Changes are difficult to implement once a phase is completed.
Examples of waterfall models include t...
Assignment was around understanding a business case and rearranging slides to create a compelling storyline
The number of car tyres sold in a day can vary greatly depending on factors such as location, season, and economic conditions.
Consider the population of the area - more populated areas may have higher car tyre sales
Take into account the number of vehicles on the road
Factor in the season - winter may see more tyre sales due to snow and ice
Economic conditions can also impact sales - during a recession, sales may be lower
...
I was interviewed before Feb 2024.
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