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Q:

Why one rupee note is signed by the ministry of finance? is governer has the right to sign this note? is there any interference by the RBI?

Answer

Rupess is the currency of our country and only govt has the authority to issue indian currency it has been signed by ministry of finance, all other notes are bearer notes which are signed by governor.


no interference by RBI.


RBI has the right to print currency notes in the country except coins & 1 Re note which are issued by Govt. Thus, it bears the sign of MoF.

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Subject: Finance

Q:

How would you go about greeting each customer who comes in the store?

Answer

If you want bonus points, make sure you address each side of this tricky two-part question. 


The first part is addressing how you make sure you greet each and every customer who enters the store, giving them personal attention.  


The second part is how you would actually greet them – what would you say to them? Would you alert them of your newest products, ask if they’re looking for anything in particular or need guidance while shopping, or alert them to who they can reach out to if they require any assistance in various departments?

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Subject: Retail

Q:

How do you go about familiarizing yourself with the products you sell?

Answer

Retail products often change seasonally.  Can you quickly update yourself on all the new information so you can be prepared to sell the new inventory to customers as soon as it lands on the shelf


 

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Subject: Retail

Q:

Describe a time where customer wasn’t happy and what did you do to change it?

Answer

There’s no doubt that working in retail you will encounter an unhappy, disgruntled, or difficult customer.  Learning to hold in your personal feelings, addressing empathy for customers, and representing the company well in order to keep customers coming back are all important skills recruiters will look for when assessing how you deal with uncomfortable situations.


 

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Subject: Retail

Q:

How do you get more retailers / customers for your business? What are the steps you would take?

Answer

Applicant should answer that being in a wholesale market, he/she would plan and direct advertising and promotional activities to attract more retailer suppliers. Promotional activities like posters, contests, coupons, give-away to create extra interest in the purchase of a product or services from customers or retailers.

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Subject: Retail

Q:

What are the things that you need to check in a retail market, as a first line supervisor?

Answer

Applicant should answer that as a first line supervisor, he/she should directly supervise sales workers in a retail department. He/She would get involved in management functions such as purchasing, budgeting, accounting and ensure quality of supply apart from his/her regular supervisor work.

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Subject: Retail

Q:

As a wholesaler what are the problems you would face in ensuring the commitment to your retail suppliers?

Answer

As a wholesaler, applicant should say that he/she would face production problem, growing consumption, not concentrating on important market segment, scale of operations not being proper, delivery to different stores and having some issues with suppliers and not a good relationship with suppliers. I would face these problems in reaching the target commitment to suppliers as a wholesaler.

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Subject: Retail

Q:

As a supervisor for a wholesale market, what actions would you take to increase the profit?

Answer

Applicant should answer that as a wholesaler; he/she would interview the suppliers of wholesale market and negotiate the prices, discounts, transportation arrangements, and credit terms. Oversee the distribution of merchandize to different outlets and maintain adequate stock levels. Establish a good rapport with suppliers and supervise the retail outlet markets to get a better knowledge of supply chain management.

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Subject: Retail