Associate Service Consultant Interview Questions and Answers

Mutual funds can be categorized into equity, debt, hybrid, solution-oriented, and others.

• Equity funds invest in stocks of companies

• Debt funds invest in fixed-income securities like bonds

• Hybrid funds invest in a mix of equity and debt

• Solution-oriented funds are designed for specific goals like retirement or child education

• Others include index funds, sectoral funds, and international funds

Sales is the process of selling products or services to customers. Policy Bazaar is an online insurance aggregator.

• Sales involves identifying potential customers, understanding their needs, and persuading them to buy a product or service.

• Policy Bazaar is an online platform that allows customers to compare and purchase insurance policies from various providers.

• The company was founded in 2008 and has since become one of the largest insurance aggregators in India.

• Policy Bazaar o...read more

I will pitch mutual funds by highlighting their potential for long-term growth and diversification.

• Explain the benefits of investing in mutual funds, such as diversification and professional management

• Emphasize the potential for long-term growth and the ability to achieve financial goals

• Provide examples of successful mutual fund investments and their returns

• Address any concerns or questions the customer may have about fees, risks, and performance

• Offer personalized recommendat...read more

Fund of Funds is a type of investment fund that invests in other investment funds instead of investing directly in stocks, bonds or other securities.

• Fund of Funds spreads investment risk by investing in multiple funds

• It provides diversification and professional management

• Investors can gain exposure to a variety of asset classes and investment styles

• Examples include BlackRock Global Allocation Fund and Vanguard Target Retirement Funds

Bio refers to biology, the study of living organisms and their interactions with each other and their environment.

• Bio is short for biology, the scientific study of life.

• It encompasses a wide range of topics including genetics, ecology, evolution, and physiology.

• Examples of bio-related fields include microbiology, botany, zoology, and biochemistry.