Amazon Development Centre India Risk Manager Interview Questions and Answers

Q1. General interview with behavioural questions
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Q1. What is AQB ?
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AQB stands for Average Quarterly Balance, which is the average balance maintained in a bank account over a quarter.
• AQB is calculated by adding the closing balance of each day in a quarter and dividing it by the number of days in that quarter.

• It is an important factor considered by banks to determine the account holder's eligibility for various services like loans, credit cards, etc.

• For example, if a bank account has a ...read more
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Q2. What is FOIR ?
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FOIR stands for Fixed Obligation to Income Ratio, a measure used by lenders to assess an individual's ability to repay a loan.
• FOIR is calculated by dividing the total fixed obligations of an individual by their gross monthly income.

• Lenders use FOIR to determine the maximum amount of loan that can be sanctioned to an individual based on their income and existing obligations.

• A lower FOIR indicates a lower financial burde...read more
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Q1. How to calculate AQB?
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AQB can be calculated by averaging the daily closing balance of an account over a specific period.
• Calculate the daily closing balance of the account for the specified period.

• Add up all the daily closing balances.

• Divide the total by the number of days in the period to get the Average Quarterly Balance (AQB).
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Q2. How to calculate FOIR?
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FOIR can be calculated by dividing the total fixed obligations by the total income of an individual or entity.
• Calculate total fixed obligations (EMIs, rent, etc.)

• Calculate total income (salary, business income, etc.)

• Divide total fixed obligations by total income to get FOIR

• FOIR = Total Fixed Obligations / Total Income

• For example, if total fixed obligations are $1000 and total income is $5000, FOIR would be 0.2 or 20%
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Q1. What is your expectations?
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Q1. How can you contribute to the company's IPO journey?
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Q1. Why did you choose amazon?
Ans. 
I chose Amazon because of its innovative culture, global impact, and opportunities for growth.
• Innovative culture: Amazon is known for its cutting-edge technology and constant innovation.

• Global impact: Amazon operates on a global scale, reaching millions of customers worldwide.

• Opportunities for growth: Amazon offers a wide range of career opportunities and the chance to work on challenging projects.
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Q2. Leadership priciples in amazon
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Q1. General interview with behavioural questions
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Legal case study that involved providing legal advice on a realistic scenario