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Workplace Expert - Answered on Jan 29, 2024

Career Coach is a recruitment expert with experience in hiring, training, upskilling and leadership management. ... more
Asked by Anonymous - Jan 29, 2024Hindi
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During a recent job interview, an employer asked me to describe my typical day. I was a bit nervous and did not know how to start the conversation and discuss my daily schedule. I want your help to know how to answer a question like this. What are they expecting to hear from me?

Ans: When an employer asks you to describe your typical day, they are likely interested in understanding how you approach your work, manage your time, and handle various tasks and responsibilities. This question provides them with insights into your work habits, organizational skills, and how well you align with the requirements of the position.

Here's a structured approach you can use to answer this question:

1. Start with a Brief Overview:
Begin by giving a general overview of your typical day. For example:
- "A typical day for me starts at [insert time]."

2. Highlight Key Responsibilities:
- Mention the main responsibilities or tasks that you regularly undertake.
- "I spend the first part of my day checking and responding to emails, prioritizing tasks for the day, and reviewing any urgent matters that require immediate attention."

3. Discuss Collaboration and Meetings:
- If applicable, talk about any collaboration or teamwork aspects of your role.
- "I often collaborate with [teams/colleagues] to discuss ongoing projects or address any challenges. We have regular team meetings to ensure everyone is on the same page."

4. Address Problem Solving:
- Discuss how you handle unexpected challenges or problem-solving aspects.
- "I am proactive in addressing any unexpected challenges that may arise during the day. This involves analyzing issues, consulting with team members, and implementing solutions to keep projects on track."

5. Time Management:
- Emphasize how you manage your time efficiently.
- "I use tools like calendars and to-do lists to prioritize tasks and deadlines. This helps me stay organized and ensures that I meet project milestones and deadlines."

6. Professional Development:
- If relevant, mention any efforts you make for personal or professional development.
- "I also allocate time for professional development, staying updated on industry trends, and acquiring new skills that contribute to my role."

7. Closing Statement:
- Conclude by summarizing how your daily routine contributes to your overall effectiveness in the role.
- "Overall, my daily routine is designed to maximize productivity, maintain effective communication, and ensure the successful completion of projects."

Remember to tailor your response to the specific requirements of the job and highlight aspects of your daily routine that align with the responsibilities outlined in the job description. This structured approach can help you present a comprehensive and thoughtful response during a job interview.
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What happens when a Mutual Fund company shuts down / gets sold off?
Ans: Hello;

If a mutual fund company gets sold or fails, the process is prescribed by SEBI:

In case MF company is Sold,
The new fund house may:
1. Continue the scheme with a new name and management.

2. Merge the scheme with similar funds and offer investors the option to exit without any exit load.

In case MF company shuts down,
The fund house will:
1. Pay out investors based on the fund's last recorded Net Asset Value (NAV) and the number of units the investor holds, after deducting expenses.

2. If the company is not in a position to do so then SEBI may liquidate the funds assets and distribute the proceeds to unit holders.

It is also pertinent to note that mutual fund regulation in India is one of the most stringent and hence best, from investor's point of view, globally.

This is not just in theory. We have seen how the Franklin Templeton abrupt closure of debt funds was handled with surgical precision, by SEBI, with no loss to unitholders.


Skin in the game regulation mandates that 20% salary of key mutual fund personnel and fund managers is paid in terms of units of their funds with a 3 year lock-in.

The stocks and bonds purchased by the AMC for the fund are held by a custodian, appointed by the trust that administers the fund.

The trust engages into a investment management agreement with the AMC for managing the fund as per their mandate and within regulatory guidelines.

Registrar and Transfer Agents handle the investor registration,kyc, maintaining records, providing account and tax statements etc.

Happy Investing;
X: @mars_invest

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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