Mutual fund schemes may be classified on the basis of their structure and their investment objective
By Structure- there are two types
Open-ended Funds -An Open-ended Fund is one that is available for subscription all through the year. These do not have a fixed maturity. Investors can conveniently buy and sell units at Net Asset Value (NAV) related prices.
Close-ended Funds -A Close-ended Fund has a stipulated maturity period, which generally ranges from 3 to 15 years. The fund is open for subscription only during a specified period. Investors can invest in the scheme at the time of the initial public issue and thereafter they can buy or sell the units of the scheme on the Stock Exchanges, if they are listed. The market price at the stock exchange could vary from the scheme's NAV on account of demand and supply situation, unit holders' expectations and other market factors.
|
|
Inappropriate
|
See Answer
To Email:
Subject:
Note to go along with the question: (Optional, no
more than 1,000 characters)

Selection Process
Selection is the process of choosing from a group of applicants those individuals best suited for a particular
position. Most managers recognize that employee selection is one of their most difficult, and most important,
business decisions. This process involves making a judgment -not about the applicant, but about the fit
between the applicant and the job by considering knowledge,skills and abilities and other characteristics required to perform the job Selection procedures are not carried out through standard pattern and steps in this. Process can vary from organization to organization some steps performed and considered important by one organization can be skipped by other organization.
Environmental Factors Affecting the Selection Process A permanent, standardized screening process could greatly simplify the selection process. However, development of such a process even if it were possible and desirable would not eliminate deviations to meet the unique needs of particular situation.
Legal Considerations
Legislation, executive orders, and court decisions have a major impact on human resource management. It is important for hiring managers to see the relationship between useful and legally defensible selection tools.
Speed of Decision Making
The time available to make the selection decision can have a major effect on the selection process. Closely following selection policies and procedures can provide greater protection against legal problems; however, there are times when the pressure of business will dictate that exceptions be made.
Organizational Hierarchy
Different approaches to selection are generally taken for filling positions at different levels in the organization.
Applicant Pool
The number of applicants for a particular job can also affect the selection process. The process can be truly
selective only if there are several qualified applicants for a particular position. The number of people hired for a particular job compared to the individuals in the applicant pool is often expressed as a selection ratio.
Type of Organization
The sector of the economy in which individuals are to be employed private, governmental, or not-forprofit can also affect the selection process.
Probationary Period
Many firms use a probationary period that permits evaluating an employee's ability based on performance. This may be either a substitute for certain phases of the selection process or a check on the validity of the process.
Selection Criteria
Mostly the selection of applicant depends upon the
following factors or criterions.
1. EDUCATION
2. COMPETENCIES
3. EXPERIENCE
4. SKILLS AND ABILITIES
5. PERSONAL CHARACTERISTICS
Applicant who is best fit should be hired instead of hiring a person with extra ordinary skills it means right person for right job should be hired person who is over or under qualified for the particular job will not be able to adjust in the organization.
STEPS IN THE SELECTION PROCESS
The selection process typically begins with the preliminary interview; next, candidates complete the application for employment. They progress through a series of selection tests, the employment interview, and reference and background checks. The successful applicant receives a company physical examination and is employed if the results are satisfactory. Several external and internal factors impact the selection process, and the manager must take them into account in making selection decisions. Typically selection process consists of the following steps but it is not necessary that all organization go through all these steps as per requirement of the organization some steps can be skipped while performing the selection process.
1. Initial Screening
2. Application Blank
3. Pre-employment Testing
. General Intelligence Tests
. Aptitude Tests
. Personality and Interest Tests
. Achievement Tests
. Honesty Tests
4. Interview
. Structured Interview
. Unstructured Interview
. Mixed Interview
5. Background Checks
6. Conditional job offer
7. Medical Exam/Drug Tests
8. Final Selection Decision
Create Date
:
Monday, March 17, 2008
Click here
to improve the Interview Question, Answer and other fields.
|
|
Inappropriate
|
See Answer
To Email:
Subject:
Note to go along with the question: (Optional, no
more than 1,000 characters)
LINQ defines standard query operators that allow code written in LINQ-enabled languages to filter, enumerate, and create projections of several types of collections using the same syntax. Such collections may include arrays, enumerable classes, XML, datasets from relational databases, and third party data sources. The LINQ project uses features of version 2.0 of the .NET Framework, new LINQ-related assemblies, and extensions to the C# and Visual Basic .NET languages. Microsoft has distributed a preview release of LINQ, consisting of those libraries and compilers for C# 3.0 and Visual Basic 9. Other languages, such as F# and Nemerle, have also announced preliminary support.
Create Date
:
Friday, October 19, 2007
Click here
to improve the Interview Question, Answer and other fields.
|
|
Inappropriate
|
See Answer
To Email:
Subject:
Note to go along with the question: (Optional, no
more than 1,000 characters)
T means twisted pair cable. There are two types of cable STP (Shielded Twisted Pair Cable) and UTP (Unshielded Twisted Pair Cable). 100BaseT uses category 5, 5e, 6 twisted cable that is connected to RJ45.
Create Date
:
Friday, March 28, 2008
Click here
to improve the Interview Question, Answer and other fields.
|
|
Inappropriate
|
See Answer
To Email:
Subject:
Note to go along with the question: (Optional, no
more than 1,000 characters)
Two-way process of reaching mutual understanding, in which participants not only exchange (encode-decode) information but also create and share meaning.
Create Date
:
Tuesday, March 18, 2008
Click here
to improve the Interview Question, Answer and other fields.
|
|
Inappropriate
|
See Answer
To Email:
Subject:
Note to go along with the question: (Optional, no
more than 1,000 characters)
The .NET Framework class library is a library of classes, interfaces,
and value types that are included in the Windows Software Development
Kit (SDK). This library provides access to system functionality and is
designed to be the foundation on which .NET Framework applications,
components, and controls are built.
refer http://msdn.microsoft.com/en-us/library/ms229335.aspx
Create Date
:
Tuesday, June 10, 2008
Click here
to improve the Interview Question, Answer and other fields.