1. What are various investments under section 80(C) of Income Tax act?
☛ Fixed deposit (5 years)
☛ PPF
☛ Equity mutual funds
☛ ELSS
☛ EPF and VPF
☛ NSCs (National Saving Certificate)
☛ ULIPs
☛ NPS (Pension plans)
☛ Life insurance
Policy by which a central authority attempts to control liquidity and interest aimed high growth rate and price stability.
Gross Domestic Product is the sum of all the goods and services produced within physical borders of a country in within a specific period of time.
GNP = GDP + Income of residents overseas income of foreigners within the borders of domestic economy.
Financial messaging network which exchanges messages between banks and financial institutions.
Demat account is the process of converting the physical share certificates into equivalent number of electronic holdings.
Fiscal deficit is an excess of government expenditure over revenue.
Government revenue generation and spending policies that impact the macro economy.
9. Where do you see yourself in five years?
Be honest and specific about your future goals, but consider this. A hiring manager wants to know if you have set realistic expectations for your career, if you have ambition and if the position aligns with your goals and growth. Your best bet is to think realistically about where this position could take you and answer along those lines. And if the position is not necessarily a one way ticket to your aspirations? It is OK to say that you are not quite sure what the future holds, but that you see this experience playing an important role in helping you make that decision.
10. What are various services provided by a commercial bank?
☛ Lockers
☛ Safe custody of funds
☛ Advancing loans
☛ Fund transfers
☛ Periodic payments
☛ Underwriting of shares
☛ Dealing in foreign exchange
☛ Discounting of loans
☛ Overdraft
