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Company >> ABN AMRO >> ABN AMRO Questions
 
 ABN AMRO aptitude test questions  ABN-AMRO Aptitute Test Questions (1)  ABN AMRO interview questions  ABN-AMRO Interview Questions (5)
 
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Question   what is the diff between reversal and cancellation entries? Rank Answer Posted By  
 Interview Question Submitted By :: Prasanth Kalarivayil
I also faced this Question!!   © ALL Interview .com
Answer
'Reversal' is a rectification of mistake.

'Cancellation' is an Adjustment.
 
0 Suburam
 
 
Answer
Most of the cases both are considered in same sense,but we 
use reversal when we made some mistakes while passing 
entries which we need, but cancellation used when there is 
no necessary for the entry at future.
 
0 S Subhalaxmi
 
 
Question   What do you mean by Turnover Rank Answer Posted By  
 Interview Question Submitted By :: Satyaki_raju@yahoo.com
I also faced this Question!!   © ALL Interview .com
Answer
The trading volume of the market or of a particular 
security.
 
0 Shalini
 
 
 
Answer
total sales figure in a company that is called turnover
 
5 S.das
[Taxtime]
 
 
Answer
Turnover is the number of times that an average inventory 
of goods sold during the financial period or foe a 
particular period
 
0 Satyaki_raju@yahoo.com
[Taxtime]
 
 
Answer
total sales figure in a company that is called turnover
 
0 Soumya.m
[Taxtime]
 
 
Answer
This Is One Of The Investment
 
0 A.dhanabal
[Taxtime]
 
 
Answer
Mr.Dhanabal Turnover is not an investment.Turnover is the 
number of times that an average inventory 
of goods sold during the financial period or for a 
particular period
                Be concentrate on the question and commerce 
subject. I am a Tax Practioner. I will send a sample book 
on interviews basede on commerce. If neede pl send your e-
mail to me
  satyaki_raju@yahoo.co.in
  satyakiraju@gmail.com
 
0 Satyaki_raju@yahoo.com
[Taxtime]
 
 
Question   what is open intrest Rank Answer Posted By  
 Interview Question Submitted By :: Kitty
I also faced this Question!!   © ALL Interview .com
Answer
1. The total number of options and/or futures contracts 
that are not closed or delivered on a particular day.

2. The number of buy market orders before the stock market 
opens.

1. A common misconception is that open interest is the same 
thing as volume of options and futures trades. This is not 
correct as demonstrated in the following example:



On Jan 1, A buys an option, which leaves an open interest 
and also creates trading volume of 1.
On Jan 2, C and D create trading volume of 5 and there are 
also 5 more options left open.
On Jan 3, A takes an offsetting position and therefore open 
interest is reduced by 1, and trading volume is 1.
On Jan 4, E simply replaces C and therefore open interest 
does not change, trading volume increases by 5.
 
0 Kalyani
 
 
Answer
question:- Defination of Book keeping:-
answer :- Book keeping is a syntific method to record day 
to day business transaction in words & in figures so as to 
show the correctly & clear financial position of business.
 
0 Palavi
 
 
Answer
open interest is not same as volume.. with volume both 
entries and exist cause volume to increase... but with open 
interest, entries cause open interest to increase and exist 
cause open interest to decrease
 
0 Charusheela
 
 
Answer
total number of derivative contracts, like futures and options, that are currently active on a specific underlying security.These contracts have not been yet exercised,expired or fully delivered.
 
0 Kush Sinha
 
 
Answer
12.5% IS not Conclude Doc.Charge
 
0 A.dhanabal
 
 
Question   What is the diffrecnce between liabilities and owner's equity? Rank Answer Posted By  
 Interview Question Submitted By :: Murad
I also faced this Question!!   © ALL Interview .com
Answer
Hi,

Owner and the Company/Firm are both the different entities. 
Owner's Equity itself is a liability for the firm/Company 
as the owner has invested it into the firm.

Hope this helps.

Thanks,
Abhijit
 
0 Abhijtipatalia
 
 
Answer
liabilities means any amount borrowed from outside, it
involves all current liability, long term loans, payment
dues etc. on the other hand owner's equity means interest of
owner in business. like the amount of profit.
thanks
prateek srivastava
9828083910
 
0 PRATEEK
 
 
Question   Why should I invest in Mutual fund which is not secured rather than investing in Any Nationalised bank which is giving me guaranteed interest rate of 9.5% per annum which is also more secured? Rank Answer Posted By  
 Interview Question Submitted By :: Sutrave
I also faced this Question!!   © ALL Interview .com
Answer
The risk and returns in any financial instrument have a 
direct relationship.i.e. higher the risk, higher is the 
returns. 
In the case of indian economy growing at the rate of app. 9 
to 10%,where the indian corporate sectors have major 
contribution.Putting the money in such a financial products 
which invest the money in such sector, will give more 
returns.Also it seems less risky considering the global 
economic scenario.
Also the money management by expert will certainly minimise 
the risk as compared to the investment by yourself.
The returns you get in such instruments is as good as 20-
50% of your invested amount. 
so taking little more risk, you can at least double the 
returns.
 
2 Shash
 
 
Answer
if u invest in mutual fund u will recieve fluctuating 
dividend every month for e.g-(LIC MIP-monthly income plan) 
and there r many schemes r there. And the benifit is u will 
recieve dividend and also more amt. as compare to ur 
invested amt.And in bank u will get 9.5% when u invest in 
FDR. And here u can with draw ur money any time.
 
0 Pravin
[HDFC Standard Life]
 
 
Answer
its totally depends upon the risk appetite of the customer. 
if a person is young they he should opt for more risk for 
more return and vise versa.
 
0 Guest
[HDFC Standard Life]
 
 
Answer
Investing in a Nationalised bank which give u 9.5% annum but
Investing in Mutual fund gives more returns because of the 
Equity and Debt Market returns are very high,  but in 
mutual funds capital is gurantee. If we take little bit 
risk high, the returns are very high.
 
3 P. Anil Babu
[HDFC Standard Life]
 
 
Answer
At present most of the Banks are proving interest @8.5% 
whereas the return from Mutual Funds are increasing if you 
see the last three years trend. Nowadays the policy is if 
you want to gain more take more risk. As per my opinin the 
investor should not put all the eggs in asingle bucket. He 
should invest in Mutual Funds as well as in FDs of Banks. 
This will help him to be comfortable and could earn maximum 
income at minimum risk.
 
0 Guest
[HDFC Standard Life]
 
 
Answer
investing in mutual funds is for those people who are 
interested in some what trends of the stock market and are 
not ready to take more risk or not enough knowledgeable, 
and in reality mutual fund units are paying the returns 
quite good compared to the 9.5% returns p.a. and it's safe 
even.... mf units can be graded high with respect to risk 
and return in a capm model.
 
0 Swaroop Satyam .k.s
[HDFC Standard Life]
 
 
Answer
if you take more risk your return more & vice -versa.
m.f carries more risk as compared to f.d. in a nationalised 
bank .its depend upto you whether you take more risk & more 
return or vice-versa
 
0 Anuj
[HDFC Standard Life]
 
 
Answer
Investing in Mutual Fund, specially the ones that invest in 
both Debt and Equity lets you diversify your investment and 
also lets you get the benefit of the high returns of the 
capital market which some cases are more than hundred 
percent.Also you get the regular returns from the investent 
in debt securities.


(Note: We should invest more in mutual funds specially now 
as more the FIIs' sell of our own mutual fund companies can 
invest and stabalise our market and make way for sustained 
growth.)
 
0 Saumyajit
[HDFC Standard Life]
 
 
Answer
If we invest in Mutual fund, our investment will be invested
in the share market which is high risk.  Out money will also
grow depending up on the share market value.  However if we
invest in the banking sector, there is the fixed intrest it
will be secure.  So the mutual fund is the high risk high
profit.  In the national banking sector low profit low risk.
 
0 Muralikrishnan
[HDFC Standard Life]
 
 
Answer
Because mutual fund are giving more return with little risk 
and and here u have the flexibility to wihdraw ur money 
whenever u want but in banks if u have made fixed deposit u 
are bound to complete he period of fixed deposit. and 
seeing the current scenerio where inflation rate is high 
i.e. 11.5% invesing in bank will eat up your money because 
inflation is even higher than he return so it is more 
profitable to invest in mutual fund and to amke your money 
grow.
 
0 Sanchit
[HDFC Standard Life]
 
 
Answer
Its very simple to understant logic behind investing in MF 
rather than any nationalised bank while putting money in 
bank they are holding our money for one year and giving 
interset rate of 9.5% suppose u r invement amount is Rs. 
10000 u r getting 950 Rs as intrest but we should keep in 
mind that inflation rate is 11.45% means which 11.45% on 
10000Rs i.e. 1145 on u r investment amount its shows that 
actaully u r in loss of 1145-950= 195 Rs i.e. u r not 
earing anything while bank is using u r money for one year 
and they r making profit out of it. 
if we consider MF Higher risk higher return so MF giving 
opportunity of 

Proffessional expertise for fund managemnt 
Risk diveresification 
portfolio managment
 
5 Shrikant Uttam Bade
[HDFC Standard Life]
 
 
Answer
see there are many plans in MF(mutual fund) like-1)MIP
(monthly income plan) in this plan company has given some 
amount monthly as a interest.2)locking scheme plan in this 
plan company has given almost double amount whatever amount 
u invest, within 3yrs...
 
0 Pravin
[HDFC Standard Life]
 
 
Answer
Becuase this save my money and give me a good interest.
 
0 Ajit Kumar Bepari
[HDFC Standard Life]
 
 
Answer
see this is totally depends upon on the investor how much
risk he can bear .if investor is low appetite or in sceure
nature then obviously he will go with fds &all that.
 
0 Priya
[HDFC Standard Life]
 
 
Answer
It's Microfinance is best(This is provide Security Granteed 
From Members,Rate Interest :12.5%
 
0 A.dhanabal
[HDFC Standard Life]
 
 
Question   tell me about the difference between marketing and sales Rank Answer Posted By  
 Interview Question Submitted By :: Rbharath1978
I also faced this Question!!   © ALL Interview .com
Answer
marketing invoves introducing the the right product which 
meets the need of target customers. pricing the product 
appropriatly as per the budget flaxiblity of target 
market.then promotion the product through choosing the 
right communication strategy.and then reach the product to 
the customer to buy it.

but sales is efforts to influance the the customerto get 
the product bought.
 
0 Lokesh.jp
 
 
Answer
Marketing is the preparetion of strategy of making the 
sales development, the bottom goes to the market with the 
cocepts and the schemes which was prepared the thorough 
analysis of the market, which they implement in with the 
customers and the result we got in terms of revenue is 
sales.
 
0 Kameshwar Rao
[Iswarya Construction]
 
 
Answer
In my view sales is a part of Marketing..
  Marketing aims at improving brand image awareness about 
product and it's features to drive customers for purchasing 
a particular product.
   where as sales aims at only selling a product and highly 
profit oriented
  you can observe in market some of the companies are good 
at marketing some are good in sales
 
0 Ram
[Iswarya Construction]
 
 
Answer
objective of sale is to Profit through increase  of the sale
while objective of marketing is to profit through customer
satisfaction
 
0 P.k.patil.
[Iswarya Construction]
 
 
Answer
selling focuses on the need of the seller. karketing on 
the need of the buyer. selling is preoccupied with the 
seller need to convert his pdt into cash.marketing with the 
ideas of satisfaaction need the customers by means of pdt 
and the whole cluster of the association with the 
creating , delivering and finally consuming it.
 
0 Kp.ayusufdeen
[Iswarya Construction]
 
 
Answer
MARKETING which is not only selling the product but also
satisfying the needs and wants of the customer with
continuing services.

SELLING : it is only satisfying the need which the customer
want it focus only on needs.(not satisfying the customer
exact nee)i.e converting commodity into cash.
 
0 Jayanth
[Iswarya Construction]
 
 
Answer
Fundamentally,Marketing is involved in generating potential 
demand while seling involves conversion to brand demand.
 
0 Vasudevan
[Iswarya Construction]
 
 
Answer
Marketing  - Creating/ Modifying product or solution to 
meet the customer's need
Sales - Product/ Solution is prepared based on larger 
statistics sold to the customer by convincing that the 
product/solution is the best available option for him
 
0 Ronald
[Iswarya Construction]
 
 
Answer
SALE IS AN ACTIVITY TO EARN LIMITED PROFIT ONLY BUT 
MARKETING MEANS ESTABLISHING BRAND ,CREATING FAVORABLE 
IMAGE AND TO EARN UNLIMITED PROFIT .
 
0 S Karthikeyan
[Iswarya Construction]
 
 
Answer
Diffrence between Marketing & Sales is similar to that of 
Skies and Clouds...Marketing being the sky...which has a 
wider scope...whereas clouds actuly give you the 
relife...bringing down the much needed rain ( money)

Sales, is a part of Marketing....

Marketing is the ongoing process of planning and 
implimentation...where as Sales is the final act of exection

both complimenting eachother and are equaly important for 
the organisations success....
 
0 Mayur G.
[Iswarya Construction]
 
 
Answer
sales is the tip of marketing iceberg. marketing is about 
understanding the need of consumer and the company position 
to provide that service or the product, offerings timing 
and sale s is to persuade the customer to buy that service 
or the product
 
0 Siddharth Rathore
[Iswarya Construction]
 
 
Answer
Marketing: It is basically customer oriented. its includes 
the four P's, Product,price,place,promotion and one S i.e. 
Service. It is a process analyising the need of the 
customer.

Sale: It is physical distribution of the product for 
exchange of some value or for a product. Selling starts 
from product and ends on delivering it to the customer for 
some price.
 
0 Himanshu Rustogi
[Iswarya Construction]
 
 
Answer
Marketing is creating a demand and sales is fulfilling 
those demand.
 
0 Karthik
[Iswarya Construction]
 
 
Answer
MARKETING IS SOMTHING TO LET THE PEOPLE KNOW ABOUT YOUR
PRODUCT WITH AN OBJECTIVE OR GOALS TO PLACE YOUR PRODUCT
IN THE HEART OF THE CUSTOMER.

WHEREAS SALES HAVE AN EYE ON  REQUIRED SUPPLY OF PRODUCT 
THAT HAS BEEN DEMANDING BY CUSTOMER.
 
0 Rajeev Jakhar
[Iswarya Construction]
 
 
Answer
in simple words:
Marketing is pull
Selling is Push

Marketing is face
Selling is back

Marketing is awareness
Selling is profits

Marketing is brand
Selling is revenue
 
0 Mahima Nakra
[Iswarya Construction]
 
 
Answer
according to my point of view marketing is the bridge for 
selling.Marketing is something comes because of needs,but 
sales is something which helps to market the product.
 
0 Sivaram.v
[Iswarya Construction]
 
 
Answer
Marketing means to introduce a new product at a right time for right target market. Give the information about our product features and specification with using of 4p and influence of product to customer to buy it.


sales is an only process to sale our product to right prospects for make some profit.

sales is a part of marketing but marketing is not a part of sales.
 
0 Dwarkesh
[Iswarya Construction]
 
 
Answer
Marketing is all about raising the anchor point of your 
brand, in the markets mind and image for that product.
Selling is an "unspoken sustaining" of that image and 
pushing it through the door.
 
0 Prithviraj Sundaram
[Iswarya Construction]
 
 
Answer
Marketing is a value creating and value satisfying process.
It is about discovering what product is needed, producing it with appropriate features, pricing it correctly, promoting it a such a way that it reaches to the hands of right customers (positive word of mouth). & the revenue generated from the above process is sales
 
0 Tushar Narula
[Iswarya Construction]
 
 
Answer
Marketing Is One Of the advertisement But Sales is one of 
art
 
0 A.dhanabal
[Iswarya Construction]
 
 
Answer
marketing is a future planning and its created by 
organization but sales is only satosfied the customers need 
wants and as well as generated profit.
 
0 Ajay Singh
[Iswarya Construction]
 
 
Answer
The basic difference between Marketing and sales is:
Sales is one part of marketing.
Marketing is in a very broad term and sales is a very 
narraw term.
 
0 Hitesh Kalwani
[Iswarya Construction]
 
 
Question   OPEC stands for: (a) Oil Producing European Countries (b) Organisation of Petroleum Exporting Countries (c) Oil and Petroleum Exploring Countries (d) Organisation of Pacific Exploring Countries Rank Answer Posted By  
 Interview Question Submitted By :: Guest
I also faced this Question!!   © ALL Interview .com
Answer
( b ) Organisation of Petroleum Exporting Countries
 
0 Guest
 
 
Answer
oil and petroleum exploring countries
 
0 Asma Zafar
 
 
Question   What is the difference between debt and equity? Rank Answer Posted By  
 Interview Question Submitted By :: Neeraj Sharma
I also faced this Question!!   © ALL Interview .com
Answer
debt means an amount borrowed by the company and need to be 
repaid. equity investments are brought in by the investors 
who like to share the ownership.
 
2 R.padmalakshmi,student
 
 
Answer
debt and equity bith are types of borrowings that companies 
make from general public. 
Debt holders are like money lenders, companies are obliged 
to pay back the money to debt holders even if its making 
loses. They are the first ones who are paid back money even 
before equity holders.
Equity holders on the other hand are the owners of a 
company. They dont just share profits but also loses that a 
company make.
 
3 Shruti
 
 
Answer
debt is the money which company has a obligation to pay in 
any condition.they get predecided interest not profit
equity holder is the owner of company .
 
0 Sachin Sharma
 
 
Answer
Debt is a loan borrowed by a company from financial 
institutions like banks  and money lenders , etc. They are 
provided interest as the remuneration and they are the 
creditors of the company.
Whereas equity is collected from general public or 
institution through the issue of shares.They get 
remuneration in the name of dividends. The holders of 
shares are the owners of the company and they take part in 
it's affairs.
 
0 Manju
 
 
Answer
debt means the company must pay the intrest,and it is the 
repayable ammount,when the company pay the dividend the 
company first prefer to the debenture hoders.
but the equity ammount does not pay,the compny only pay the 
dividends,butnot pay any intrest the dividend ammount is 
mainl depending on profits of the company.
 
0 I K Pavan
 
 
Answer
debt means agreeing to pay the amount for which we have taken
loan but where as in the case of debenture the company has
to pay to the debenture holder irrespective of profits where
as they get fixed rate of intrest as they dont nhave voting
rights at the time of liquidation they will be giving the
first preference

equity are the owners of the company where the dividend will
be declared out of profits they has right to participate in
the meetings having voting rights at the time of liquidation
they will be getting last preference
 
0 Ravi
 
 
Answer
Debt Is Borrower From Banks& other Funding Agency.
But Equity Is Individual Contribution And Liable have the 
company
 
0 A.dhanabal
 
 
Answer
Debt means the amount borrowed by the company form outsiders like financial institutions, lending organisation and etc.

Equity means amount invested by it's share holders in business and it's proprietor. they can get the dividends out of profits earned by the company.
 
0 Damu1707
 
 
Answer
Debt means Borrowed Capital(debenture) from borrowers it may
be Financial Institutions, Banks, money lending companies etc.
Fixed amount of Interest is paid to its Debenture holders. &
this type of capital funding is cheaper than Equity 
Equity is nothing but raising funds from general public they
have least priority and Dividend is required to be paid only
if there is profit remains for it.
 
0 Abhijeet
 
 
 
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