Margadarsi Chit Fund Interview Questions and Answers

Amortization is the process of spreading out a loan into smaller, regular payments over a period of time.

• It is used to pay off a debt over time with regular payments

• Each payment includes both principal and interest

• The amount of interest decreases over time as the principal is paid off

• Examples include mortgages, car loans, and student loans

The financial statements (BS, IS, CF) have common elements such as assets, liabilities, equity, revenue, expenses, and cash flows.

• Assets: resources owned by the company

• Liabilities: obligations owed by the company

• Equity: residual interest in the assets of the company

• Revenue: income generated by the company

• Expenses: costs incurred by the company

• Cash flows: inflows and outflows of cash

A stock split increases the number of shares outstanding and decreases the price per share, but does not affect the market capitalisation.

• Stock split does not affect the total value of the company

• Market capitalisation remains the same after a stock split

• Stock split increases the number of shares outstanding and decreases the price per share

• For example, if a company has 1 million shares outstanding and the stock splits ...read more

Cash flow statements have three main components: operating activities, investing activities, and financing activities.

• Operating activities: cash inflows and outflows from the company's core business operations.

• Investing activities: cash inflows and outflows from buying or selling long-term assets.

• Financing activities: cash inflows and outflows from borrowing or repaying debt, issuing or buying back stock, and paying di...read more

EPS is calculated by dividing the company's net income by the number of outstanding shares.

• EPS = Net Income / Outstanding Shares

• Net Income is the company's total earnings after expenses and taxes

• Outstanding Shares are the total number of shares issued by the company

• EPS is an important metric for investors to evaluate a company's profitability

• Higher EPS indicates better profitability and potential for higher dividends

The Internet is a global network of computers that communicate with each other using standardized protocols.

• The Internet is made up of millions of interconnected devices, including computers, servers, routers, and switches.

• Data is transmitted over the Internet in the form of packets, which are small units of information.

• The Internet uses a set of protocols, such as TCP/IP, to ensure reliable and efficient communication...read more

HTTP is unsecured while HTTPS is secured with SSL/TLS encryption.

• HTTP stands for Hypertext Transfer Protocol, while HTTPS stands for Hypertext Transfer Protocol Secure.

• HTTP operates on port 80, while HTTPS operates on port 443.

• HTTP data is transmitted in plain text, while HTTPS data is encrypted using SSL/TLS.

• HTTPS provides authentication, integrity, and confidentiality of data exchanged between a client and a server.

• W...read more

White box testing is a method of testing where the internal structure and implementation details of the software are known and tested. Black box testing is a method of testing where the internal structure and implementation details of the software are unknown and only the inputs and outputs are tested.

• White box testing is also known as clear box testing, glass box testing, or structural testing.

• It focuses on testing th...read more

Print a pattern using code

• Use nested loops to iterate through rows and columns

• Use string concatenation to build each row of the pattern

• Print each row to display the pattern

Merge two arrays without using a third array.

• Use the concat() method to merge the arrays.

• Alternatively, you can use the push() method to add elements from one array to another.

• Remember to handle the case where the arrays have different lengths.

The probability that three ants at the corner of a triangle will never meet.

• The ants can move randomly in any direction.

• The probability depends on the shape and size of the triangle.

• The probability can be calculated using geometric probability or simulation.

• Assumptions need to be made about the ants' movement patterns.

I have regretted decisions in the past but learned from them to make better choices in the future.

• Regretted not studying enough for a crucial exam, leading to a lower grade. Learned to prioritize studying and time management.

• Regretted not speaking up in a meeting when I had a valuable idea. Learned to be more assertive and confident in sharing my thoughts.

• Regretted not taking a job opportunity that could have advanced ...read more

I come from a close-knit family with a passion for outdoor activities. We recently celebrated my brother's graduation, which was a proud moment for all of us.

• Family: Close-knit and supportive

• Hobbies: Outdoor activities like hiking and camping

• Proud moment: Brother's graduation ceremony

I prefer to work in a location that offers a vibrant and diverse community, with access to cultural events and opportunities for personal growth.

• I value a location that has a strong sense of community and offers a variety of cultural activities.

• Access to educational and personal growth opportunities is important to me.

• I am open to considering different locations that meet these criteria.