Ameriprise India Financial Analyst Interview Questions and Answers

Experienced financial analyst with a strong background in financial modeling and data analysis.

• Over 5 years of experience in financial analysis

• Proficient in financial modeling and forecasting

• Skilled in data analysis and interpretation

• Strong attention to detail and problem-solving skills

My most memorable day was when I received my first job offer after months of searching.

• Received first job offer after months of searching

• Felt a sense of accomplishment and relief

• Celebrated with family and friends

Net worth is the total assets minus total liabilities of an individual or company.

• Net worth is calculated by subtracting total liabilities from total assets.

• It is a measure of an individual's or company's financial health and wealth.

• Examples of assets include cash, investments, real estate, and vehicles.

• Examples of liabilities include loans, mortgages, and credit card debt.

Various investments that can help save tax include PPF, ELSS, NPS, tax-saving FDs, and ULIPs.

• Public Provident Fund (PPF) - offers tax exemption on investments up to Rs 1.5 lakh per year

• Equity Linked Savings Scheme (ELSS) - provides tax benefits under Section 80C of the Income Tax Act

• National Pension System (NPS) - contributions up to Rs 50,000 eligible for tax deduction under Section 80CCD(1B)

• Tax-saving Fixed Deposits ...read more

Capital expenditure refers to funds used by a company to acquire, upgrade, or maintain physical assets such as property, buildings, or equipment.

• Capital expenditure is a long-term investment in the company's infrastructure or assets.

• It is typically used for acquiring fixed assets that will provide benefits over a long period of time.

• Examples include purchasing new machinery, building a new factory, or renovating office...read more