Alankit Chartered Accountant Interview Questions and Answers

Q1. What is derivative
Ans. 
A derivative is a financial instrument whose value is derived from an underlying asset or group of assets.
• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• For example, a stock option derives its value from the underlying stock, allowing the holder to buy or sell the stock at a predetermined price.

• Derivatives are traded on exchanges ...read more
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Q1. What is the expectation of your salary
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I expect a competitive salary that reflects my experience, skills, and the value I bring to the organization.
• Research industry standards: For example, similar roles in my field typically offer salaries ranging from $X to $Y.

• Consider my experience: With over Z years in leadership positions, I bring a wealth of knowledge that justifies a higher salary.

• Value addition: My previous role increased revenue by A%, demonstratin...read more
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Q2. How many year of service you do after joining our company
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Q3. What is the job role of your previous company
Ans. 
In my previous role, I was responsible for strategic planning, team leadership, and driving operational excellence to achieve business goals.
• Led a team of 20 in developing and executing a 5-year strategic plan that increased market share by 15%.

• Implemented process improvements that reduced operational costs by 10% while maintaining quality standards.

• Collaborated with cross-functional teams to launch new products, resul...read more
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Q1. Self introduction
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Q1. About their company
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Q2. About mutual fund industry
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About Sales and how to sales and marketing product; custmer handling

4 optional question and mark 1 number total 100 question passing mark 60

Q1. Tell me something about yourself
Ans. 
I am a dedicated and experienced professional with a passion for delivering exceptional customer experiences.
• Over 10 years of experience in customer service and relationship management

• Strong communication and problem-solving skills

• Proven track record of exceeding customer expectations

• Passionate about creating positive experiences for customers

• Received multiple awards for outstanding customer service
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Q1. What is credit
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Credit is the ability to borrow money or access goods and services with the promise to pay later, often involving interest.
• Definition: Credit refers to the trust that allows one party to provide resources to another party, expecting future payment.

• Types of Credit: There are various types of credit, including revolving credit (like credit cards) and installment loans (like mortgages).

• Credit Score: A numerical representa...read more
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Q2. What is CIBIL score
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CIBIL score is a three-digit number representing an individual's creditworthiness based on their credit history.
• Creditworthiness Indicator: A CIBIL score ranges from 300 to 900, with higher scores indicating better creditworthiness. For example, a score above 750 is considered excellent.

• Credit History: The score is calculated based on credit history, including repayment behavior, credit utilization, and the types of cr...read more
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