Find Interview Questions for Equitable Life Insurance Company of Canada

Right Answer:
You can check whether TDS was deducted from an invoice by reviewing the invoice itself for a TDS deduction mention, checking the payment details for TDS entries, or referring to the TDS certificate (Form 16A) issued by the deductor.

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The journal entry would be:

**Debit:** Insurance Expense Rs. 12,000
**Credit:** Cash/Bank Rs. 12,000

At the end of the period, the remaining amount will be Rs. 0.

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The balance sheet may not match due to errors such as incorrect data entry, missing transactions, misclassifications, or unrecorded liabilities or assets.

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Form 26AS is a tax credit statement issued by the Income Tax Department of India. It contains details of tax deducted at source (TDS), tax collected at source (TCS), and advance tax payments made by a taxpayer. It helps individuals verify their tax payments and ensure that the income reported in their income tax returns matches the information available with the tax authorities.

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Earnings per share (EPS) is a financial metric that indicates the portion of a company's profit allocated to each outstanding share of common stock. It is calculated by dividing the net income of the company by the number of outstanding shares. EPS shows how much money a company makes for each share, helping investors assess profitability and compare performance with other companies.

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Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.

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To analyze data for different formats like pivot tables and matching datasets, you should:

1. **Identify Key Variables**: Determine the key fields that will be used for matching and pivoting.
2. **Clean the Data**: Ensure that the data is free from duplicates, errors, and inconsistencies.
3. **Use Pivot Tables**: Create pivot tables to summarize and analyze the data by aggregating values based on categories.
4. **Match Data**: Use functions like VLOOKUP or JOIN operations in SQL to match data from different sources based on the identified key variables.
5. **Validate Results**: Check the accuracy of the matched data and the pivot table outputs to ensure they meet business requirements.

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Yes, banks face significant challenges from money laundering when attracting deposits. Money laundering can lead to reputational damage, regulatory penalties, and financial losses. Banks must implement strict compliance measures and due diligence processes to detect and prevent illicit activities, which can complicate their efforts to attract legitimate deposits.

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I am looking for new challenges and opportunities for growth that align more closely with my career goals.

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BRD (Business Requirements Document) outlines the high-level business needs and objectives. SRS (Software Requirements Specification) details the functional and non-functional requirements for the software. Use Case documents describe specific interactions between users and the system to achieve particular goals.

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Primary research involves collecting new data directly from sources, such as surveys or interviews, while secondary research involves analyzing existing data that has already been collected by others, such as reports or studies.

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SWOT analysis is a strategic planning tool used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats of a business or project. In research, it helps in understanding the internal and external factors that can impact decision-making and strategy development.

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Brand positioning refers to the process of defining how a brand is perceived in the minds of consumers relative to competitors. It involves identifying the unique value proposition and key attributes that differentiate the brand.

Evaluation through research can be done using methods such as surveys, focus groups, and market analysis to gather consumer perceptions, preferences, and behaviors. This data helps assess how well the brand is positioned in the market and whether it aligns with the target audience's needs and expectations.

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Buyer personas are semi-fictional representations of a company's ideal customers, based on market research and real data about existing customers. They are created by gathering information through surveys, interviews, and analyzing customer demographics, behaviors, and motivations to identify common traits and needs.

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A target market is a specific group of consumers that a business aims to reach with its products or services. To identify it, you can analyze demographics (age, gender, income), psychographics (interests, values), geographic location, and buying behavior to determine the characteristics of your ideal customers.

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Yes, I have experience in MS Project planning.

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Scope management involves defining, controlling, and managing all the work required to complete a project successfully. This includes identifying project requirements, documenting them, and ensuring that all necessary tasks are included while preventing scope creep.

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The current carrying capacity of a 1 MVA transformer is approximately 1,000 Amperes at a voltage of 1 kV.

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A tender document typically contains the following documents:

1. Invitation to Tender
2. Instructions to Tenderers
3. Tender Form
4. Specifications or Scope of Work
5. Bill of Quantities or Pricing Schedule
6. Terms and Conditions
7. Contract Agreement
8. Addenda (if applicable)
9. Bid Security or Guarantee
10. Compliance Certificates and Forms

Right Answer:
To schedule a project, follow these steps:

1. Define project tasks and deliverables.
2. Estimate the duration for each task.
3. Identify dependencies between tasks.
4. Determine resource availability.
5. Create a timeline using tools like Gantt charts or project management software.
6. Set milestones to track progress.
7. Review and adjust the schedule as needed throughout the project.