Question:
Vista Bank planned to expand its retail banking operations in Tier-2 and Tier-3 cities. They needed to hire over 200 middle-level managers with experience in sales, customer service and operations. Vista Bank approached 'Avon Consultants', one of India's leading management consultancy firms. 'Avon Consultants' advertised positions on job portals under their own name and also accessed its database of experienced professionals across India. After extensive screening, they shortlisted and forwarded qualified candidates to Vista Bank.
Vista Bank planned to expand its retail banking operations in Tier-2 and Tier-3 cities. They needed to hire over 200 middle-level managers with experience in sales, customer service and operations. Vista Bank approached 'Avon Consultants', one of India's leading management consultancy firms. 'Avon Consultants' advertised positions on job portals under their own name and also accessed its database of experienced professionals across India. After extensive screening, they shortlisted and forwarded qualified candidates to Vista Bank.
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Remember: Gate notices = Direct Recruitment (for unskilled labor). Consulting firms = Placement Agencies (for specialized/managerial talent).
Updated On: Jun 25, 2026
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Correct Answer: 4
Solution and Explanation
Step 1: Concept
External Sources of Recruitment.
Step 2: Meaning
Specialized external agencies are often used to recruit high-level or specialized corporate talent.
Step 3: Analysis
• The external source of recruitment highlighted here is
Placement Agencies and Management Consultants.
• Placement agencies provide a nationwide service in matching personnel demand and supply.
• Management consultancy firms specifically help organizations recruit technical, professional, and managerial personnel (like the middle-level managers needed by Vista Bank).
• They maintain large databases of qualified individuals, advertise on behalf of their clients, and conduct rigorous initial screening to provide a shortlist of suitable candidates.
Step 4: Conclusion
Utilizing a third-party firm like 'Avon Consultants' for middle-management hiring perfectly illustrates the use of Placement Agencies and Management Consultants.
External Sources of Recruitment.
Step 2: Meaning
Specialized external agencies are often used to recruit high-level or specialized corporate talent.
Step 3: Analysis
• The external source of recruitment highlighted here is
Placement Agencies and Management Consultants.
• Placement agencies provide a nationwide service in matching personnel demand and supply.
• Management consultancy firms specifically help organizations recruit technical, professional, and managerial personnel (like the middle-level managers needed by Vista Bank).
• They maintain large databases of qualified individuals, advertise on behalf of their clients, and conduct rigorous initial screening to provide a shortlist of suitable candidates.
Step 4: Conclusion
Utilizing a third-party firm like 'Avon Consultants' for middle-management hiring perfectly illustrates the use of Placement Agencies and Management Consultants.
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