Business Support Executive Interview Questions and Answers

Mutual fund is a type of investment vehicle that pools money from multiple investors to invest in stocks, bonds, and other securities.

• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying securities.

• Mutual funds offer diversification and convenience for investors who may not have the time or expertise to manage their own investments.

• There are different...read more

Life and general insurance are two types of insurance policies that provide financial protection against unexpected events.

• Life insurance provides financial protection to the policyholder's family in case of the policyholder's death.

• General insurance provides financial protection against losses due to unforeseen events like accidents, theft, fire, etc.

• Types of life insurance include term life, whole life, and universal life insurance.

• Types of general insurance include health ...read more

SIP is a type of investment plan where a fixed amount is invested at regular intervals in a mutual fund or stock.

• SIP allows investors to invest small amounts of money regularly.

• It helps in averaging out the cost of investment over a period of time.

• SIPs can be started with as low as Rs. 500 per month.

• It is a disciplined approach to investing and helps in achieving long-term financial goals.

• Example: Investing Rs. 5,000 every month in a mutual fund through SIP.

A mutual fund is a type of investment vehicle made up of a pool of money collected from many investors to invest in securities.

• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund, which represents a portion of the holdings of the fund.

• The value of the shares is determined by the performance of the underlying securities in the fund.

• Mutual funds offer diversification and convenience for investors who may not have the time or expertise ...read more

Listen to their concerns, empathize, offer solutions, and follow up to ensure satisfaction.

• Listen actively to understand their concerns

• Empathize with their situation and show understanding

• Offer solutions or alternatives to address their issues

• Follow up to ensure their satisfaction and resolve any remaining issues