Shriram Finance Executive Assistant Interview Questions, Process, and Tips for Experienced

Q1. What is type of account
Ans. 
Type of account refers to the classification or category of an account based on its purpose or function.
• Accounts can be classified as asset, liability, equity, revenue, or expense accounts

• Each type of account serves a specific purpose in financial accounting

• For example, a bank account would be classified as an asset account
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Q2. Describe gst in detail
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GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.
• GST is a consumption tax that is collected on the value added to goods and services at each stage of the supply chain.

• It replaced multiple indirect taxes in India and aims to simplify the tax structure and reduce tax evasion.

• There are different GST rates for different goods and services, such as 5%, ...read more
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Q3. About shree ram finance company
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Q4. What is the tds
Ans. 
TDS stands for Tax Deducted at Source, which is a system where tax is deducted by the payer at the time of making payment.
• TDS is applicable on various types of payments such as salary, interest, rent, commission, etc.

• The deducted TDS amount is then deposited with the government on behalf of the recipient.

• TDS rates vary depending on the type of payment and the income tax slab of the recipient.

• TDS certificates like Form ...read more
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Asking questions of math reasoning for freshers

General aptitude inquiries.

Q1. What is your view regarding Finance Sector?
Ans. 
I believe the Finance Sector plays a crucial role in driving economic growth and stability.
• The Finance Sector includes banking, investment, insurance, and other financial services.

• It facilitates the flow of capital, enables businesses to grow, and helps individuals manage their finances.

• Regulations in the Finance Sector are important to ensure transparency and protect consumers.

• Technological advancements like fintech a...read more
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Q2. What actions can you take during a one-on-one customer interaction?
Ans. 
During a one-on-one customer interaction, actions can include active listening, asking probing questions, providing personalized solutions, and following up.
• Practice active listening to understand the customer's needs and concerns

• Ask probing questions to gather more information and clarify any uncertainties

• Provide personalized solutions tailored to the customer's specific situation

• Follow up with the customer to ensure
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Q3. What is sales and how do you convinceany one tobuy your product?
Ans. 
Sales is the process of persuading a potential customer to purchase a product or service.
• Understand the customer's needs and preferences

• Highlight the unique features and benefits of the product

• Build rapport and trust with the customer

• Offer discounts or promotions to incentivize purchase

• Provide excellent customer service before and after the sale
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