AXA Business Services Interview Questions, Process, and Tips

Basic questions of accounts and capital markets

Q1. Basic details of myself
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Q1. Question on capital market.
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Q2. What are option derivative.
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Option derivatives are financial instruments that derive their value from an underlying asset, such as stocks or commodities.
• Option derivatives give the holder the right, but not the obligation, to buy or sell the underlying asset at a specified price within a certain time frame.

• There are two types of option derivatives: call options, which give the holder the right to buy the underlying asset, and put options, which g...read more
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Q3. What are types of derivative.
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Types of derivatives include options, futures, forwards, and swaps.
• Options: contracts that give the holder the right, but not the obligation, to buy or sell an asset at a specified price before or on a specified date.

• Futures: contracts that obligate the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.

• Forwards: agreements between two parties to buy or sell an asset at a...read more
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Q4. What is call and put in options
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Call and put options are types of financial contracts that give the holder the right, but not the obligation, to buy or sell an asset at a specified price before a certain date.
• A call option gives the holder the right to buy an asset at a specified price within a certain timeframe.

• A put option gives the holder the right to sell an asset at a specified price within a certain timeframe.

• Call options are used by investors ...read more
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Q1. Introduce yourself
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Q2. What is insurace
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Insurance is a financial product that provides protection against specific risks in exchange for payment of a premium.
• Insurance is a contract between an individual or entity (the policyholder) and an insurance company.

• The policyholder pays a premium to the insurance company in exchange for coverage against certain risks, such as property damage, illness, or death.

• In the event of a covered loss, the insurance company co...read more
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1 hour normal test nothing too hard

Good genera aptitude test

Q1. Basic of insurance
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Q2. Principles of Insurance
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Principles of Insurance refer to the basic concepts that govern the insurance industry and policies.
• Principle of utmost good faith - Both parties must act honestly and disclose all relevant information.

• Principle of insurable interest - The insured must have a financial interest in the insured property or person.

• Principle of indemnity - The insured should be compensated to the extent of the actual loss suffered.

• Principl...read more
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Q1. Whar is Accrual ?
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Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period

• It provides a more accurate representation of a company's financial position

• Examples include recognizing revenue when a service is performed, even if payment has not been received yet
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Q2. Importance of Reporting in Account
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Reporting in accounting is crucial for tracking financial performance, making informed decisions, and ensuring compliance.
• Reporting helps track financial performance and identify areas of improvement.

• It provides insights for making informed business decisions.

• Reporting ensures compliance with regulations and standards.

• Examples: Balance sheets, income statements, cash flow statements.

• Reporting helps stakeholders underst
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