CommLab India Interview Questions and Answers

A bank account is a financial account maintained by a bank for a customer.

• A bank account allows individuals or businesses to deposit money, withdraw funds, and perform other financial transactions.

• There are different types of bank accounts such as savings accounts, checking accounts, and money market accounts.

• Bank accounts typically come with features like debit cards, online banking, and mobile banking.

• Customers can earn interest on the money deposited in certain types of ba...read more

Furniture refers to movable objects intended to support various human activities such as seating, sleeping, and storage.

• Furniture includes items like chairs, tables, beds, sofas, cabinets, and shelves.

• It can be made from various materials such as wood, metal, plastic, and fabric.

• Furniture is essential for creating functional and comfortable living or working spaces.

A purchase is the act of buying goods or services in exchange for money or other forms of payment.

• A purchase involves exchanging money or payment for goods or services

• It can be done in person at a store, online, or over the phone

• Examples: buying groceries at a supermarket, purchasing a new phone online

A deposit asset refers to funds that are deposited into a bank account or other financial institution.

• Deposit assets can include cash, checks, money orders, and electronic transfers.

• These funds are typically held by the bank on behalf of the account holder.

• Deposit assets can earn interest or be used to make withdrawals or payments.

• Examples of deposit assets include savings accounts, checking accounts, and certificates of deposit.

Cash is physical currency in the form of coins and banknotes, used for transactions.

• Cash is tangible money that can be used to make purchases or pay debts.

• It is typically in the form of coins and paper currency issued by the government.

• Cash transactions are immediate and do not involve electronic transfers.

• Cash is commonly used for small purchases or in situations where electronic payment methods are not available.

AMC stands for American Multi-Cinema. It is a movie theater chain that operates in the United States and internationally.

• AMC operates over 1,000 theaters with more than 11,000 screens worldwide.

• It offers a variety of movie experiences, including IMAX, Dolby Cinema, and RealD 3D.

• AMC also has a loyalty program called AMC Stubs, which offers rewards and discounts to frequent moviegoers.

• The company faced financial difficulties in 2020 due to the COVID-19 pandemic, but has since r...read more

Asset management involves managing physical or financial assets, while integrity refers to the quality of being honest and having strong moral principles.

• Asset management focuses on maximizing the value of assets through strategic planning and decision-making.

• Integrity involves being honest, ethical, and consistent in behavior and actions.

• Asset management deals with tangible assets like property, equipment, or investments, while integrity is a personal trait.

• Asset management ...read more

Call and put options are financial contracts that give the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specified time period.

• Call option gives the buyer the right to buy an underlying asset at a predetermined price within a specified time period

• Put option gives the buyer the right to sell an underlying asset at a predetermined price within a specified time period

• The predetermined price is called the strike pric...read more