Affine Business Analyst Interview Questions and Answers for Experienced

Software development life cycle refers to the process of planning, creating, testing, and deploying software.

• Requirements gathering and analysis

• Design

• Implementation

• Testing

• Deployment

• Maintenance

• Examples: Waterfall model, Agile methodology

I am drawn to the finance sector due to its dynamic nature, opportunities for growth, and impact on global economy.

• Fascinated by the ever-changing market trends and economic dynamics

• Passionate about analyzing financial data and making strategic recommendations

• Excited about contributing to the growth and stability of businesses through financial insights

My best internship was at a tech startup where I worked on developing a new mobile app.

• Collaborated with a team of developers to design and implement new features

• Analyzed user feedback to make improvements to the app

• Participated in meetings with clients to gather requirements and provide updates

• Gained hands-on experience with agile development methodologies

E-commerce refers to buying and selling goods and services over the internet, while m-commerce involves transactions conducted through mobile devices.

• E-commerce involves online transactions through websites or online platforms.

• M-commerce refers to transactions conducted through mobile devices like smartphones or tablets.

• E-commerce can include online shopping, online banking, online ticket booking, etc.

• M-commerce can in...read more

Cloud storage is a service where data is remotely maintained, managed, and backed up. Examples include Google Drive, Dropbox, and iCloud.

• Cloud storage is a service where data is stored on remote servers accessed over the internet.

• It allows users to store and access data from any device with an internet connection.

• Examples of cloud storage services include Google Drive, Dropbox, iCloud, OneDrive, and Amazon S3.

I would recommend Ola/Uber to introduce a carpooling feature to promote sustainability and reduce traffic congestion.

• Introduce a carpooling option in the app to allow users to share rides with others going in the same direction

• Implement a rating system for carpooling to ensure safety and reliability

• Offer discounts or incentives for users who choose the carpooling option

• Partner with companies or organizations to promote...read more

Digitisation has revolutionized the economy by increasing efficiency, accessibility, and connectivity.

• Digitisation has led to increased efficiency in business operations through automation and streamlining of processes.

• It has improved accessibility to goods and services through online platforms, reaching a wider customer base.

• Digitisation has enhanced connectivity among businesses, customers, and stakeholders, facilita...read more

Ecommerce refers to the buying and selling of goods and services over the internet.

• Includes online retail, marketplaces, and service platforms (e.g., Amazon, eBay).

• Facilitates transactions through websites and mobile apps.

• Involves various payment methods like credit cards, PayPal, and digital wallets.

• Encompasses B2C, B2B, C2C, and C2B models.

• Examples include subscription services like Netflix and digital goods like eBo

APIs (Application Programming Interfaces) enable software applications to communicate and share data seamlessly.

• APIs define the methods and data formats for interactions between software components.

• They can be used for web services, allowing different applications to exchange information over the internet.

• For example, a weather API can provide real-time weather data to a mobile app.

• APIs can be public (open to all devel...read more