This means that for every Rupee in assets, Sally only generates 33 Paisa. In other words, it measures how many times a company sold its total average inventory dollar amount during the year. This ratio is important because total turnover depends on two main components of performance. The first component is stock purchasing. If larger amounts of inventory are purchased during the year, the company will have to sell greater amounts of inventory to improve its turnover. The second component is sales.
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Although these tests are a little harder but if you are well prepared then you can successfully qualify it. One of the major reasons for this being difficult is having less time for preparation. It is easy to get qualified in this examination when preparing with the right time management. Well, in that case you can re-attempt for the same exam but you will have to pay a separate examination registration fee.
Does IIBF provides any study material? Yes, you can also purchase other quality books from different publishers such as Macmillan India and Taxman Publication. How to register for IIBF certification exams? After successful login you will able to practice free online model exams for IIBF exam preparation. After successfully completing these programs, qualified candidates gain proficient knowledge and many important information related to banking and finance.
Employees working in the bank improve the chances of getting promotions. Employees working on various positions in financial companies can also get salary increments. Under the banking rules and regulations, these certifications are considered mandatory to provide certain services. This is like a boon for banking staffs, as they work, they get a golden opportunity of increasing their departmental knowledge.
IIBF creates useful study material for its major training courses. This premier Institute in banking courses has also set up its own training centers in many select cities of India. IIBF wants to become a learning center of global standards and fulfill the appropriate administrative prerequisites, for creating capable professionals. The organisation provides instructional expertise to its participants through its corporate social responsibility CSR policy, as mentioned below: Creating and sustaining qualified banking professionals; Advancement of training with specialized curriculum and professional aptitudes; Encouraging fairness among all the diverse segments of the general public, financially and socially; Committed to assist in finance-related improvement of the masses; Promoting fiscal commitments to scholastic organizations for setting up exclusive research facilities; Encourage investigation of hypothesis and routine with regards to banking and finance; Test and ensure fulfillment of capability of banking professionals; Gather, investigate and give data required by experts banking profession; support development and creativity among professionals so they could confront rivalry and succeed.
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