Acquisition Manager Interview Questions and Answers for Freshers

Current accounts are for frequent transactions while savings accounts are for saving money.

• Current accounts are designed for frequent transactions and day-to-day banking needs.

• Savings accounts are meant for saving money and earning interest on the balance.

• Current accounts usually have lower interest rates compared to savings accounts.

• Savings accounts may have restrictions on the number of withdrawals allowed per month.

• Examples: Checking account is a type of current account, w...read more

Current Account is for frequent transactions while Savings Account is for saving money with interest.

• Current Account is used for frequent transactions and has no limit on the number of transactions.

• Savings Account is meant for saving money and usually offers interest on the balance.

• Current Account may have higher fees and charges compared to Savings Account.

• Examples: Current Account - Business account, Savings Account - Personal account

Business in Bellary is thriving due to its strategic location and growing industrial sector.

• Bellary is strategically located in Karnataka, making it a hub for trade and commerce.

• The city has a strong presence of industries such as steel, mining, and textiles.

• Bellary is known for its iron ore mining industry, which contributes significantly to the local economy.

• The city has seen an increase in investments and business opportunities in recent years.

Equity represents ownership in a company, while debt is borrowed money that must be repaid with interest.

• Equity is ownership in a company, giving shareholders voting rights and a share of profits

• Debt is borrowed money that must be repaid with interest, typically through loans or bonds

• Equity investors take on more risk but also have the potential for higher returns, while debt holders have a fixed repayment schedule

• Companies often use a mix of equity and debt to finance their ...read more