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Credit creation is the process by which banks create new money by lending out more than they hold in reserves.
Banks create credit by lending out money that they don't actually have in their reserves
This process increases the money supply in the economy
The amount of credit that can be created is limited by the reserve requirement set by the central bank
Credit creation is a key function of the banking system and helps to
There are several types of taxes, including income tax, sales tax, property tax, and excise tax.
Income tax is a tax on the income earned by individuals and businesses.
Sales tax is a tax on goods and services purchased by consumers.
Property tax is a tax on real estate and other property owned by individuals and businesses.
Excise tax is a tax on specific goods, such as gasoline, tobacco, and alcohol.
Other types of taxes
Economic problems refer to issues that affect the production, distribution, and consumption of goods and services in an economy.
Examples of economic problems include inflation, unemployment, poverty, and income inequality.
These problems can be caused by factors such as government policies, market failures, and external shocks.
Solutions to economic problems often involve a combination of policies such as monetary and fi...
PPC curve is a graphical representation of the relationship between price and quantity demanded.
PPC stands for Price-Quantity Curve
It shows the impact of price changes on the quantity demanded of a product
The curve slopes downwards, indicating that as price increases, quantity demanded decreases
It helps in determining the optimal price point for a product
Example: A company can use PPC curve to decide the price of a new...
IC curve is a graph that shows the relationship between the price of a product and the quantity of the product that is demanded.
IC curve stands for Indifference Curve.
It is used in microeconomics to analyze consumer behavior.
It shows the different combinations of two goods that a consumer is indifferent between.
The slope of the IC curve represents the marginal rate of substitution between the two goods.
The IC curve is ...
Demand refers to the quantity of a product or service that consumers are willing and able to purchase at a given price and time.
Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
It is typically represented by a demand curve, which shows the relationship between price and quantity demanded.
Demand can be elastic, meaning that changes in price have a signif...
posted on 23 Sep 2017
I appeared for an interview before Sep 2016.
I applied via Naukri.com and was interviewed in Jul 2020. There was 1 interview round.
I applied via Other
I am passionate about sales and have a proven track record of exceeding targets in previous roles.
Passionate about sales and enjoy the challenge of meeting targets
Proven track record of exceeding sales targets in previous roles
Excited about the opportunity to contribute to the growth of the company
I applied via Referral and was interviewed before May 2021. There was 1 interview round.
I applied via Referral and was interviewed in Oct 2019. There was 1 interview round.
To convince a customer, understand their needs, build trust, provide value, and offer solutions.
Listen actively to the customer's needs and concerns
Build trust by being honest and transparent
Provide value by highlighting the benefits of your product or service
Offer solutions that meet the customer's specific needs
Address any objections or concerns the customer may have
Follow up with the customer to ensure satisfaction
I applied via Other
To deal with clients and convince them, it is important to build rapport, understand their needs, provide solutions, and showcase value.
Build rapport by actively listening and showing genuine interest in their concerns.
Understand their needs by asking open-ended questions and conducting thorough research.
Provide solutions that align with their goals and address their pain points.
Showcase value by highlighting the uniqu...
I applied via Campus Placement and was interviewed before Jan 2020. There was 1 interview round.
This pen is a must-have for anyone who wants to make a lasting impression with their writing.
This pen has a sleek and professional design that will make you stand out in any business meeting.
It writes smoothly and effortlessly, making your handwriting look neat and tidy.
The ink is long-lasting and won't smudge or smear, ensuring that your writing stays legible for years to come.
It's also refillable, so you can use it a...
Working in the present market situation requires adaptability and innovation.
Adapt to changes in consumer behavior and market trends
Innovate to offer unique solutions and stand out from competitors
Utilize technology to improve efficiency and reach customers remotely
Maintain strong communication with customers to build trust and loyalty
Stay informed about industry developments and adjust strategies accordingly
Developing market requires understanding customer needs, identifying target audience, creating a unique value proposition, and effective marketing strategies.
Conduct market research to understand customer needs and preferences
Identify target audience and tailor marketing efforts accordingly
Create a unique value proposition that sets your product/service apart from competitors
Develop effective marketing strategies such ...
Handling sales executives requires effective communication, motivation, and goal-setting.
Establish clear expectations and goals for the sales team
Provide regular feedback and coaching to improve performance
Motivate and incentivize the team to achieve targets
Communicate effectively and listen actively to understand their needs and concerns
Lead by example and demonstrate a strong work ethic
Encourage collaboration and tea...
The code of conduct will outline the ethical and professional standards expected of employees in the company.
The code of conduct will provide guidelines for behavior and decision-making in the workplace.
It will cover areas such as conflicts of interest, confidentiality, and respect for colleagues.
Examples of expected behavior may include avoiding discriminatory language or actions, maintaining confidentiality of sensit...
I applied via LinkedIn and was interviewed in Dec 2020. There was 1 interview round.
CASA stands for Current Account and Savings Account. It refers to the deposits made by customers in a bank.
CASA is a type of bank account where customers can deposit their money.
It includes both current accounts and savings accounts.
CASA deposits are considered to be low-cost funds for banks.
Banks offer higher interest rates on savings accounts to attract more customers.
CASA ratio is an important metric for banks to me...
New bank policies aim to improve customer experience and security.
Banks are implementing more advanced security measures to protect customer data
Digital banking is becoming more prevalent, with banks offering more online and mobile services
Some banks are offering incentives for customers to switch to paperless statements and online banking
There is a focus on improving customer service and reducing wait times in branche...
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