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Jmi equity Interview Questions and Answers
Ques:- Explain: Perpetual inventory system and its aims.
Right Answer:
A perpetual inventory system is a method of tracking inventory levels in real-time, updating records continuously as sales and purchases occur. Its aims are to provide accurate inventory data, improve stock management, reduce discrepancies, and enhance decision-making regarding inventory control.
Ques:- What is the minimum application if equity shares are being issued at par?
Right Answer:
The minimum application for equity shares issued at par is typically the nominal value of the shares, which is usually set at a minimum of one share or the minimum amount specified in the prospectus.
Ques:- What are the various forms in which a company may carry the inventory?
Right Answer:
A company may carry inventory in the following forms:

1. Raw materials
2. Work-in-progress (WIP)
3. Finished goods
4. Maintenance, repair, and operations (MRO) supplies
5. Goods in transit
Ques:- In what form can a bank disburse the amount of assistance it has extended to a company?
Right Answer:
A bank can disburse the amount of assistance to a company in the form of cash, bank transfers, loans, or credit facilities.
Ques:- What does capital market mean? How does the company raise funds in capital market?
Right Answer:
Capital market refers to a financial market where long-term debt or equity-backed securities are bought and sold. Companies raise funds in the capital market by issuing stocks (equity) or bonds (debt) to investors, allowing them to obtain capital for growth and operations.
Ques:- What is float in receivables management?
Right Answer:
Float in receivables management refers to the time it takes for a payment to be processed and reflected in the company's accounts after it has been received. It includes the period from when a customer sends a payment until the funds are available for use by the company.
Ques:- What is a questionnaire and how do you design one effectively
Right Answer:
A questionnaire is a set of written questions used to gather information from respondents. To design one effectively, follow these steps:

1. Define the objective: Clearly outline what information you want to gather.
2. Identify the target audience: Know who will be answering the questions.
3. Choose the question type: Use a mix of open-ended and closed-ended questions.
4. Keep it concise: Limit the number of questions to avoid respondent fatigue.
5. Use clear and simple language: Ensure questions are easy to understand.
6. Pilot test: Test the questionnaire with a small group to identify any issues.
7. Revise based on feedback: Make necessary adjustments before the final distribution.
Ques:- What is competitive analysis and how is it done
Right Answer:
Competitive analysis is the process of evaluating and comparing your business, products, or services against your competitors to understand their strengths and weaknesses. It is done by identifying key competitors, analyzing their offerings, market positioning, pricing strategies, customer feedback, marketing tactics, and overall performance. This information helps businesses identify opportunities and threats in the market.
Ques:- What is market research and why is it important
Right Answer:
Market research is the process of gathering, analyzing, and interpreting information about a market, including information about the target audience, competitors, and industry trends. It is important because it helps businesses understand customer needs, identify market opportunities, make informed decisions, and reduce risks associated with launching new products or services.
Ques:- What is brand positioning and how is it evaluated through research
Right Answer:
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.
Ques:- What is sampling and what are the types of sampling techniques
Right Answer:
Sampling is the process of selecting a subset of individuals or items from a larger population to estimate characteristics of the whole population. The main types of sampling techniques are:

1. **Probability Sampling**: Each member of the population has a known chance of being selected. Types include:
- Simple Random Sampling
- Systematic Sampling
- Stratified Sampling
- Cluster Sampling

2. **Non-Probability Sampling**: Not all members have a known or equal chance of being selected. Types include:
- Convenience Sampling
- Judgmental Sampling
- Quota Sampling
- Snowball Sampling
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