Vitality Business Support Services LLP Interview Questions and Answers

Data entry is the process of entering, updating, or verifying data in a computer system.

• Entering data accurately and efficiently

• Updating existing data with new information

• Verifying data for accuracy and completeness

I have over 3 years of experience in data entry, including entering, verifying, and updating data in various databases.

• Proficient in using Microsoft Excel and other data entry software

• Accurate and efficient in typing and data entry tasks

• Experience in maintaining confidentiality and data integrity

• Handled large volumes of data entry tasks with tight deadlines

C is a procedural programming language while C++ is an object-oriented programming language.

• C is a procedural programming language, focusing on functions and procedures.

• C++ is an object-oriented programming language, allowing for classes, objects, and inheritance.

• C does not support classes and objects, while C++ does.

• C++ has features like polymorphism, encapsulation, and inheritance which are not present in C.

• C++ is an...read more

I am proficient in using MS Word for data entry tasks.

• I am skilled in formatting text, tables, and images in MS Word.

• I can create and edit documents, including reports, letters, and spreadsheets.

• I am familiar with using templates and styles to maintain consistency in documents.

• I am experienced in using features like spell check, track changes, and mail merge.

• I am efficient in using keyboard shortcuts to speed up data e

Partial exemption, VAT schemes, share premium reserve, and issue of loss on debentures entry are all related to accounting practices.

• Partial exemption refers to the situation where a business is not able to reclaim all of the VAT it incurs on its purchases.

• VAT schemes are special schemes designed to simplify VAT accounting for businesses, such as the flat rate scheme or cash accounting scheme.

• Share premium reserve is a...read more

Experienced sales executive with a proven track record of exceeding targets and building strong client relationships.

• Over 5 years of sales experience in the technology industry

• Consistently met or exceeded sales targets by 20% each quarter

• Built and maintained relationships with key clients such as ABC Company and XYZ Corporation

I would highlight the phone's sleek design, advanced features, and competitive pricing to appeal to the customer's needs and preferences.

• Emphasize the phone's sleek and modern design to attract the customer visually.

• Highlight the advanced features such as high-quality camera, long battery life, and fast processor to showcase its capabilities.

• Mention the competitive pricing compared to other similar phones in the market...read more

Delhi is the capital city of India, known for its rich history, diverse culture, and bustling markets.

• Delhi is divided into two parts - Old Delhi and New Delhi

• It is home to several historical monuments like the Red Fort, Qutub Minar, and India Gate

• Delhi is a major hub for shopping, with markets like Chandni Chowk and Connaught Place attracting tourists and locals alike

• The city has a vibrant food scene, offering a varie...read more

Women's safety in Delhi is a complex issue with varying opinions and experiences.

• Women in Delhi face safety concerns due to high rates of crimes like sexual harassment, assault, and rape.

• There have been incidents of high-profile cases that have brought attention to the issue of women's safety in the city.

• However, there are also initiatives and efforts being made to improve safety for women in Delhi, such as increased p...read more

The golden rules of accounting are basic principles that guide the process of recording financial transactions.

• The three golden rules of accounting are: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.

• These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

• For example,...read more

Depreciation is the allocation of the cost of a tangible asset over its useful life.

• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of the asset.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Example: A company buys a delivery truck for $50,000 with a use...read more

GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.

• GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer.

• It has replaced multiple indirect taxes like VAT, service tax, etc.

• GST has 4 tax slabs - 5%, 12%, 18%, and 28%.

• Input tax credit can be claimed on taxes paid on input goods and services.

• GST registratio...read more

Types of GST include CGST, SGST, IGST, and UTGST.

• CGST - Central Goods and Services Tax

• SGST - State Goods and Services Tax

• IGST - Integrated Goods and Services Tax

• UTGST - Union Territory Goods and Services Tax

Yes, I am familiar with Tally for accounting, GST for taxation, and TDS for tax deduction.

• I have experience using Tally software for maintaining accounting records.

• I understand the concepts of GST (Goods and Services Tax) and its implications on business transactions.

• I am aware of TDS (Tax Deducted at Source) and its requirements for tax deduction.

• I have practical knowledge of how to handle GST and TDS compliance in ac