AXIS Capital Interview Questions and Answers

Basic Financial Accounting concepts
Email Writing
Logical Reasoning

Q1. What goes in the line items of Income Statement?
Ans. 
Line items in an Income Statement include revenues, expenses, gains, and losses.
• Revenue: Sales of goods or services

• Cost of Goods Sold (COGS): Direct costs related to producing goods sold

• Gross Profit: Revenue minus COGS

• Operating Expenses: Costs related to running the business (e.g. salaries, rent)

• Operating Income: Gross profit minus operating expenses

• Interest Expense: Cost of borrowing money

• Net Income: Total profit afte...read more
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Q2. What is Investment Banking?
Ans. 
Investment banking involves providing financial advisory services to corporations, governments, and other institutions for raising capital, mergers and acquisitions, and other financial transactions.
• Helps companies raise capital through issuing stocks or bonds

• Assists in mergers and acquisitions by providing valuation and negotiation services

• Provides financial advisory services for various transactions such as IPOs, deb...read more
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Q3. Explain the impact of share buyback on the 3 financial statements.
Ans. 
Share buybacks impact financial statements by reducing outstanding shares, increasing EPS, and affecting cash flow.
• Share buybacks reduce the number of outstanding shares on the balance sheet.

• This can increase earnings per share (EPS) as the same amount of earnings is distributed among fewer shares.

• On the income statement, share buybacks can lead to higher EPS and potentially higher stock prices.

• Share buybacks can also ...read more
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Q4. Impact of bonus share issue on 3 financial statements.
Ans. 
Bonus share issue impacts financial statements by increasing equity on balance sheet, reducing retained earnings, and affecting earnings per share.
• Increase in equity on balance sheet due to additional shares issued at no cost

• Reduction in retained earnings as company's profits are distributed among more shareholders

• Impact on earnings per share as number of shares outstanding increases
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Q1. Previous job details and documents
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Q2. Details of current company
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Q1. Accounting questions based on experience which you mentioned in your resume
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Q1. Final round with department head
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Q1. Tell me something about your self.
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Q2. Why do you want to join yes securities Ltd
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Q1. Learning environment
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Q2. Approachable to seniors
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Q3. Friendly culture
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Q4. Best learning place
Ans. 
The best learning place is through hands-on experience and continuous self-improvement.
• Hands-on experience allows for practical application of knowledge

• Continuous self-improvement through reading, courses, and mentorship

• Learning from mistakes and seeking feedback for growth

• Networking with industry professionals for new perspectives
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Q5. Process team working on daily basis for better solution. Best place for work
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Q1. Implement LRU cache
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Q2. Some git Commands, SQL query,Kafka
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Q1. How will you achieve target?
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Q1. How will you achieve your target?
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Q2. What is your current role ?
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Mostly Excel based, and they see if your answers are logical or not!

If you have visualization like PowerBi or Tableau Project then they will ask to explain and share details!

Q1. What you know about mensa and all!
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Q1. What is Action Filters In dot net
Ans. 
Action filters in dot net are attributes that can be applied to controller actions to perform logic before or after the action is executed.
• Action filters can be used to perform authentication, logging, caching, etc.

• Examples include AuthorizeAttribute for authentication and OutputCacheAttribute for caching.

• They can be applied globally, at controller level, or at action level.
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Q2. View vs Stored Procedure
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Views are virtual tables that display data from one or more tables, while stored procedures are precompiled SQL queries that can perform operations on the database.
• Views are used for displaying data, while stored procedures are used for performing operations on the database.

• Views can be used for simplifying complex queries, while stored procedures can improve performance by reducing network traffic.

• Views are read-only,...read more
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