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Repo/reverse repo rate is the rate at which RBI lends/borrows money from banks. Current value varies.
Repo rate is the rate at which RBI lends money to commercial banks
Reverse repo rate is the rate at which RBI borrows money from commercial banks
These rates are used to control inflation and liquidity in the economy
Current repo rate is 4.00% and reverse repo rate is 3.35% as of August 2021
Money is a medium of exchange for goods and services. Banks create money through the process of fractional reserve banking.
Money is a universally accepted medium of exchange
It facilitates transactions for goods and services
Banks create money through fractional reserve banking
Banks lend out more money than they have in reserves
This creates new money in the economy
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I appeared for an interview in Nov 2020.
I applied via Campus Placement and was interviewed before Feb 2021. There were 3 interview rounds.
Tests are Pymetrics and an online case. Pymetrics is a personality test of sorts (risk aversion, pattern recognition, etc.) this was benchmarked against successful Consultants. Online case is multiple choice but the questions flow like a normal case interview. You will get a final round interview if you do really well on them. If you just ‘pass’, you have to have an internal designation of a high priority or very high priority candidate. (See advice)
Standard 2 case interviews with senior leaders, already a lot of material on this elsewhere
I applied via Referral and was interviewed in Mar 2020. There were 3 interview rounds.
I have handled customer escalations by actively listening to their concerns, empathizing with their situation, and providing a timely and satisfactory resolution.
Listen to the customer's concerns without interrupting them
Empathize with their situation and acknowledge their frustration
Provide a timely and satisfactory resolution to their issue
Follow up with the customer to ensure their satisfaction
Document the escalatio...
To create a sustainable future by leveraging technology and innovation.
Develop and implement eco-friendly solutions in various industries
Promote renewable energy sources and reduce carbon footprint
Encourage research and development in emerging technologies
Collaborate with like-minded organizations to achieve common goals
I applied via Campus Placement and was interviewed in Oct 2020. There were 3 interview rounds.
I applied via Naukri.com and was interviewed before Jul 2020. There were 3 interview rounds.
I applied via Campus Placement and was interviewed before Jul 2021. There were 3 interview rounds.
I applied via Recruitment Consultant and was interviewed in Oct 2020. There were 3 interview rounds.
I applied via Company Website and was interviewed before Jan 2022. There were 2 interview rounds.
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