20+ Essar Power Interview Questions and Answers

Salesman traversing problem refers to finding the shortest route for a salesman to visit a set of locations and return to the starting point.

• It is a classic optimization problem in computer science and operations research.

• The problem involves determining the optimal order in which to visit a set of locations to minimize the total distance traveled.

• The solution requires calculating the distances between all pairs of locations and finding the shortest Hamiltonian cycle.

• Various ...read more

I will convince customers for sale by understanding their needs, building rapport, highlighting product benefits, and offering solutions.

• Listen to customer needs and preferences

• Build rapport and trust with the customer

• Highlight the benefits and features of the product

• Offer solutions that meet the customer's needs

• Provide excellent customer service and follow-up

The most important aspect in finance is managing risk and ensuring financial stability.

• Risk management is crucial to protect investments and assets

• Maintaining financial stability ensures long-term success

• Effective budgeting and forecasting are essential for financial health

EMI stands for Equated Monthly Installment, which is a fixed amount of payment made by a borrower to a lender at a specified date each calendar month.

• EMI is commonly used in the context of loans, where borrowers repay the loan amount in fixed monthly installments.

• It consists of both principal amount and interest component, with the interest decreasing over time as the principal amount is paid off.

• EMI calculation takes into account the loan amount, interest rate, and tenure of...read more

I can give a significant amount of business in a month.

• I have a strong network and connections in the industry.

• I am skilled at identifying and pursuing new business opportunities.

• I have a proven track record of meeting and exceeding sales targets.

• I am dedicated and motivated to drive business growth.

• I can provide specific examples of successful business deals I have closed.

To source a vehicle loan from the market, we can follow these pointers:

• Identify potential lenders such as banks, credit unions, and online lenders

• Compare interest rates, loan terms, and fees offered by different lenders

• Check eligibility criteria and required documents for loan application

• Submit loan application with necessary documents and wait for approval

• Negotiate terms and conditions with the lender to get the best deal

• Close the loan and make timely payments to maintain a ...read more

Private number plates are personalized plates for personal vehicles while commercial number plates are for business vehicles.

• Private number plates are chosen by individuals and are often personalized with names, initials, or special numbers.

• Commercial number plates are issued to vehicles used for business purposes such as delivery trucks or taxis.

• Private number plates are not allowed to be used on commercial vehicles and vice versa.

• Commercial number plates may also have addit...read more

Shriram Group was founded in 1974.

• Shriram Group is a financial services conglomerate based in India.

• It was founded by R. Thyagarajan, AVS Raja and T. Jayaraman.

• The group has businesses in areas such as commercial vehicle financing, consumer finance, life insurance, and more.

• It has over 40,000 employees and serves over 9 million customers.

• The group's flagship company is Shriram Transport Finance Company (STFC), which was founded in 1979.

Collection for a default case involves following up with the customer and negotiating a payment plan.

• Contact the customer to understand the reason for default

• Negotiate a payment plan that suits both parties

• Follow up with the customer regularly to ensure payments are made on time

• Consider legal action as a last resort

To make business in my percentage of interest, I would focus on understanding the target audience and their needs.

• Conduct market research to identify the target audience and their pain points

• Develop a unique value proposition that addresses the target audience's needs

• Create a marketing strategy that effectively reaches the target audience

• Continuously analyze and adjust the strategy based on performance and feedback

• Build strong relationships with customers to encourage repeat ...read more

NO

• I do not have any outstanding loan from Shriram Finance.

• I have never taken a loan from Shriram Finance.

• No, I do not have any financial obligations with Shriram Finance.

This pen is a must-have for anyone who values quality and style.

• This pen is made with high-quality materials that ensure a smooth writing experience.

• It has a sleek and stylish design that will make you stand out from the crowd.

• The ink is long-lasting and won't smudge or smear, making it perfect for important documents or notes.

• It's also refillable, so you can use it for years to come.

• Overall, this pen is a great investment for anyone who wants a reliable and stylish writing i...read more

The interest rate offered to customers depends on various factors such as credit score, loan amount, and repayment period.

• Interest rates are determined based on the customer's creditworthiness.

• Higher credit scores usually result in lower interest rates.

• The loan amount and repayment period also affect the interest rate.

• Customers can choose between fixed and variable interest rates.

• Promotional offers and discounts may also be available.

Work benefits include health insurance, retirement plans, paid time off, and professional development opportunities.

• Health insurance coverage for employees and their families

• Retirement plans such as 401(k) matching

• Paid time off for vacation, sick days, and holidays

• Professional development opportunities like training programs or tuition reimbursement

• Flexible work schedules or remote work options

The company's first product was a software for managing customer relationships.

• The product was launched in 1999.

• It was called 'Salesforce'

• It was a cloud-based software for managing sales, marketing, and customer support.

• It revolutionized the CRM industry and became a market leader.

I have 2 years of experience in accounting field.

• I have worked as an intern in a reputed accounting firm for 6 months.

• After completing my graduation, I worked as an Accountant in a small firm for 1 year.

• Currently, I am working as a Junior Accountant in a mid-sized company for the past 9 months.

KYC Full Form stands for Know Your Customer. The 5 documents required for KYC are Aadhaar Card, PAN Card, Passport, Voter ID Card, and Driving License.

• KYC Full Form is Know Your Customer

• 5 documents required for KYC are Aadhaar Card, PAN Card, Passport, Voter ID Card, and Driving License

• KYC is a process of verifying the identity of customers

• It is mandatory for financial institutions to perform KYC before opening an account or providing any services

Our company offers a range of products in various categories.

• We have products in categories such as electronics, home appliances, personal care, and more.

• Some of our popular products include smartphones, refrigerators, hair dryers, and vacuum cleaners.

• We constantly innovate and introduce new products to meet the changing needs of our customers.

I have experience in the housing loan industry and possess strong analytical and communication skills.

• Experience in housing loan industry

• Strong analytical skills

• Strong communication skills

• Ability to assess creditworthiness of applicants

• Knowledge of loan products and services

• Ability to explain complex financial concepts to clients

• Attention to detail

• Ability to work under pressure and meet deadlines