Acelr Tech Labs Interview Questions and Answers

Q1. Can you provide details about the projects listed on your resume?
Ans. 
I have worked on various projects including a social media platform, an e-commerce website, and a task management application.
• Developed a social media platform using React for frontend and Node.js for backend

• Designed and implemented an e-commerce website with payment gateway integration

• Created a task management application using Angular and MongoDB for database
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Q2. What are the main concepts of Object-Oriented Programming (OOP)?
Ans. 
Main concepts of OOP include encapsulation, inheritance, polymorphism, and abstraction.
• Encapsulation: Bundling data and methods that operate on the data into a single unit (object).

• Inheritance: Creating new classes based on existing classes, allowing for code reuse.

• Polymorphism: Objects of different classes can be treated as objects of a common superclass.

• Abstraction: Hiding complex implementation details and showing o
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Q1. Estimate number of burgers sold by one burger Outlet in your city.
Ans. 
The number of burgers sold by a burger outlet in a city can vary based on factors like location, menu offerings, pricing, and customer demand.
• Consider the population of the city and the popularity of the outlet.

• Analyze the outlet's menu offerings and pricing compared to competitors.

• Take into account any special promotions or events that may impact sales.

• Look at historical sales data if available.

• Interview employees or
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Q1. Estimate transportation cost for raw materials.
Ans. 
Transportation cost for raw materials can be estimated based on distance, mode of transportation, quantity, and current market rates.
• Consider the distance between the supplier and the manufacturing facility

• Take into account the mode of transportation (road, rail, sea, air)

• Calculate the quantity of raw materials being transported

• Research current market rates for transportation services

• Factor in any additional costs such
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Q1. Asked about past experience
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Q2. Some guesstimate question
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Bunch of quant probability questions

Bunch of dp and graph theory

Q1. WHAT IS DERIVATIVES
Ans. 
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be used for hedging, speculation, or arbitrage.

• Examples of derivatives include options, futures, forwards, and swaps.

• Derivatives allow investors to take on risk or hedge against risk in the financial markets.
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Q2. HOW ECONOMIC CHANGES AFFECT MARKET
Ans. 
Economic changes can have a significant impact on the market by influencing consumer behavior, investor sentiment, and overall business performance.
• Changes in interest rates can affect borrowing costs for businesses and consumers, impacting spending and investment decisions.

• Fluctuations in currency exchange rates can impact the competitiveness of exports and imports, affecting international trade.

• Changes in government ...read more
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Q1. Securitisation and how it works.
Ans. 
Securitisation is the process of pooling various types of debt and selling them as securities to investors.
• Securitisation involves bundling together various types of debt, such as mortgages, auto loans, or credit card debt.

• These debts are then sold to a special purpose vehicle (SPV) which issues securities backed by the cash flows from the underlying assets.

• Investors purchase these securities and receive payments based...read more
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Q2. Financial Ratios and how they work and what is a good number to have.
Ans. 
Financial ratios are tools used to evaluate a company's financial performance and health.
• Financial ratios are calculated using data from a company's financial statements.

• They help investors and analysts assess a company's profitability, liquidity, efficiency, and solvency.

• A good number for a financial ratio can vary depending on the industry and company size.

• For example, a current ratio of 2 or higher is generally cons...read more
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Q3. Random number crunching based on some scenario that needs you to make assumptions and get an answer
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Q4. How an Excel function works. (Vlookup, Hlookup, Xlookup, IF/AND/OR)
Ans. 
Excel functions like Vlookup, Hlookup, Xlookup, IF/AND/OR are used for data lookup and logical operations.
• Vlookup: Searches for a value in the first column of a table and returns a value in the same row from a specified column.

• Hlookup: Similar to Vlookup but searches for a value in the first row of a table.

• Xlookup: A more versatile version of Vlookup and Hlookup that can search both vertically and horizontally.

• IF: Retu...read more
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Q1. Personal Questions.
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Q2. My expertise and proficiency of excel
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Q1. No questions. Was confirmed my job
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Q1. Can you tell me about yourself?
Ans. 
Experienced branch manager with a proven track record of driving sales and leading teams to success.
• Over 10 years of experience in banking and financial services

• Successfully managed a team of 20+ employees at previous branch

• Implemented strategies that increased branch revenue by 15% in one year

• Strong leadership and communication skills

• Passionate about developing employees and fostering a positive work environment
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Q2. What were your achievements in your previous company?
Ans. 
I successfully led a team to exceed sales targets by 20% and implemented new strategies to improve customer satisfaction.
• Exceeded sales targets by 20%

• Implemented new strategies to improve customer satisfaction

• Led a team to success
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Q1. How much brokerage you used to generate a day
Ans. 
I used to generate an average of $X in brokerage per day
• On average, I used to generate $X in brokerage per day

• The amount of brokerage generated per day varied based on market conditions and client activity

• For example, on a busy trading day, I could generate $Y in brokerage, while on a slow day it could be lower at $Z
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Q2. Total brokerage generationin a day
Ans. 
The total brokerage generation in a day is the sum of all the brokerage fees earned by the equity dealer from executing trades.
• Calculate the brokerage earned from each trade executed during the day

• Add up all the brokerage fees to get the total brokerage generation for the day

• Consider different types of trades and their respective brokerage rates

• Example: If a dealer earns $10 from Trade A, $15 from Trade B, and $20 from...read more
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