Infinity Assurance Solutions Interview Questions and Answers

Technical approval of land refers to the process of evaluating the land for compliance with technical requirements before it can be approved for development.

• Technical approval involves assessing factors such as soil quality, topography, drainage, and infrastructure availability.

• Engineers and surveyors may be involved in conducting assessments and providing recommendations.

• The goal is to ensure that the land is suitable for the intended development and meets all necessary stan...read more

LTV stands for Loan to Value ratio, which is a financial term used in lending to assess the risk of a loan compared to the value of the asset being financed.

• LTV is used in the context of loans and mortgages to determine the percentage of the loan amount compared to the appraised value of the asset.

• It helps lenders assess the risk of the loan and determine the amount they are willing to lend based on the value of the collateral.

• A lower LTV ratio indicates a lower risk for the ...read more

Customer sourcing involves identifying potential customers and reaching out to them through various channels.

• Utilize social media platforms to connect with potential customers

• Attend networking events and industry conferences to meet new prospects

• Utilize email marketing campaigns to reach out to leads

• Collaborate with marketing teams to generate leads through advertising and promotions

The approved plan is the official strategy or course of action that has been authorized for implementation.

• The approved plan is typically developed based on goals and objectives set by the organization.

• It may include specific tasks, timelines, and resources needed to achieve the desired outcomes.

• Regular monitoring and evaluation of the approved plan are essential to ensure its effectiveness.

• Examples: A marketing plan approved by the management team, a project plan signed off ...read more

A home loan is a sum of money borrowed from a financial institution to purchase a home or real estate property.

• Home loans are typically repaid over a set period of time with interest.

• The property being purchased is used as collateral for the loan.

• Home loans can have fixed or variable interest rates.

• Borrowers need to meet certain criteria such as credit score, income, and debt-to-income ratio to qualify for a home loan.

Foier is a term used in finance to refer to a document that provides information about a company's financial status and performance.

• Foier is short for 'Financial Offerings Information and Exchange Report'.

• It includes details such as financial statements, key performance indicators, and market analysis.

• Investors use foiers to make informed decisions about investing in a company.

• Foiers are often required by regulatory bodies for companies looking to go public or raise capital.