Amrapali Industries Interview Questions and Answers

Q1. API related questions
Add your answer
Q2. Soap, rest api details
Add your answer
Q3. XML, Json related questions
Add your answer
Q4. Prioritisation based questions
Add your answer
Q5. Case study related questions
Add your answer

Q1. Fund strategies, Fund structure of Private equity
Add your answer
Q2. What is high water mark, hurdle rare, journal entry for prepaid expenses, journal entry for accrual
Ans. 
High water mark and hurdle rate are terms used in finance, while journal entries for prepaid expenses and accruals are common accounting practices.
• High water mark is the highest value that an investment fund has reached, used to calculate performance fees.

• Hurdle rate is the minimum rate of return that a fund manager must achieve before earning performance fees.

• Journal entry for prepaid expenses involves debiting Prepai...read more
Answered by AI
Add your answer
Q3. What is private quity, how much knowledge you have on Excel, what is commitment, Fair market value meaning
Ans. 
Private equity is a type of investment where funds are raised from investors to acquire ownership stakes in companies not publicly traded.
• Private equity involves investing in privately held companies or buying out public companies to make them private

• Excel knowledge includes proficiency in financial modeling, data analysis, and creating complex formulas and macros

• Commitment in accounting refers to the dedication and re...read more
Answered by AI
Add your answer
Q4. Journal entry for reflecting current market value of an invested asset by investor, Journal entry for prepaid insurance and Audit fees payable
Add your answer

Quantitative Aptitude, Communication(English language proficiency), Finance

Q1. Accounting related question-impact of transactions on the 3 financial statements
Add your answer
Q2. Equity related terms and concepts
Add your answer
Q3. Guesstimates questions
Add your answer
Q4. Relative valuation multiples
Add your answer

2 sections 37 minutes first section aptitude and case study based que , section 2 maths and logic

Q1. Intro and why interested in tradinf
Ans. 
I have always been fascinated by the financial markets and enjoy analyzing trends and data to make informed decisions.
• I have a strong background in finance and data analysis, which makes me well-suited for a role as a Financial Marketing Analyst.

• I am passionate about understanding consumer behavior and market dynamics to develop effective marketing strategies.

• I have experience in conducting market research and competit...read more
Answered by AI
Add your answer
Q2. Any experience in trading share your experience and if yes share your screen and show your portfolio if you want
Add your answer
Q3. Explain your trading strategy
Ans. 
My trading strategy involves a combination of technical analysis, fundamental analysis, and risk management.
• I use technical analysis to identify entry and exit points based on chart patterns and indicators.

• I also consider fundamental analysis to evaluate the financial health and growth potential of the companies I invest in.

• Risk management is a key component of my strategy, as I set stop-loss orders and diversify my po...read more
Answered by AI
Add your answer
Q4. Biggest risk you have taken in your life
Ans. 
The biggest risk I have taken in my life was quitting my stable job to start my own business.
• Left a secure job to pursue entrepreneurship

• Invested personal savings into the business

• Took on financial risks without guaranteed income

• Faced uncertainty and challenges in the initial stages
Answered by AI
Add your answer

Q1. Explain your credit risk project
Ans. 
Developed a credit risk project to assess the likelihood of default by analyzing financial data and creating predictive models.
• Collected and cleaned financial data from various sources

• Performed statistical analysis to identify key risk factors

• Built machine learning models to predict credit risk

• Evaluated model performance using metrics like accuracy, precision, and recall
Answered by AI
Add your answer
Q2. Why do you want to have a role in model validation, since your exp is in model development.
Ans. 
I believe model validation is crucial for ensuring the accuracy and reliability of models, which ultimately impacts decision-making and outcomes.
• Model validation helps identify potential errors or biases in the model

• It ensures the model performs well on new data and in real-world scenarios

• Validation is essential for building trust in the model's predictions

• Experience in model development provides insights into potentia...read more
Answered by AI
Add your answer

UK banking case study was given, submitted my responses over email

Q1. SAS technical questions
Add your answer
Q2. Work Culture/behavioral questions
Add your answer

It was a coding round for a medium level leetcode problem involving hashmaps.

Q1. On the internals of TestNG
Add your answer
Q2. The solution for the coding the test
Add your answer

Q1. Hiring manager round on past experiences and skillset
Add your answer

Q1. More around compensation, benefits.
Add your answer

Q1. Questions about what you worked on, what your day to day tasks look like, grilled in resume, asked in depth questions about what projects you worked on and what tools you used and their architecture
Add your answer

Q1. Why Morningstar, why should we hire you, how do you respond if your teammates have different opinions?
Add your answer

Q1. Experience previous working
Add your answer
Q2. Sampling of loan documents details of triggers
Add your answer