Axis Mutual Fund Senior Manager Interview Questions and Answers

IFC can be improved by implementing better communication channels and streamlining processes.

• Establish clear communication channels between departments and stakeholders

• Streamline processes to reduce redundancies and increase efficiency

• Invest in technology to automate manual tasks and improve data management

• Provide training and development opportunities for employees to enhance their skills and knowledge

• Regularly review...read more

OOPS concepts in C++ include encapsulation, inheritance, polymorphism, and abstraction.

• Encapsulation: bundling data and methods that operate on the data into a single unit (class)

• Inheritance: creating new classes based on existing classes, allowing for code reuse

• Polymorphism: ability for objects of different classes to be treated as objects of a common superclass

• Abstraction: hiding complex implementation details and sh

Multi threading is a programming concept where multiple threads run concurrently within a single process.

• Multi threading allows for better utilization of CPU resources by running multiple tasks simultaneously.

• Threads share the same memory space, which can lead to synchronization issues if not handled properly.

• Examples of multi threading implementations include Java's Thread class, C#'s Task Parallel Library, and Python

Diamond problem occurs in multiple inheritance when a class inherits from two classes that have a common base class.

• Diamond problem can be resolved using virtual inheritance in C++.

• Virtual inheritance ensures that only one instance of the common base class is inherited by the derived class.

• Example: class A is inherited by classes B and C, then class D inherits from both B and C. Using virtual inheritance for class A re

Types of inheritance include single, multiple, multilevel, hierarchical, hybrid, and multipath inheritance.

• Single inheritance: a class inherits from only one base class.

• Multiple inheritance: a class inherits from more than one base class.

• Multilevel inheritance: a class inherits from a class which in turn inherits from another class.

• Hierarchical inheritance: multiple classes inherit from a single base class.

• Hybrid inher...read more

Dependency injection is a design pattern in which components are given their dependencies rather than creating them internally.

• Dependency injection helps in achieving loose coupling between classes.

• It allows for easier testing by providing mock dependencies.

• There are three types of dependency injection: constructor injection, setter injection, and interface injection.

State in React is a JavaScript object that stores data and determines how a component renders and behaves.

• State is mutable and can be updated using the setState() method

• State should be used for data that will change over time and affect the component's rendering

• State should not be modified directly, use setState() instead

I am looking for a competitive salary based on my experience and skills. I can join within 2 weeks.

• Expecting a competitive salary based on my experience and skills

• Can join within 2 weeks of receiving an offer

• Open to negotiation based on the overall compensation package

RAM frequency refers to the speed at which data can be read from or written to the RAM module.

• RAM frequency is measured in MHz (megahertz).

• Higher RAM frequency allows for faster data transfer between the RAM and the CPU.

• Overclocking RAM can increase its frequency beyond the manufacturer's specifications.

• Example: DDR4 RAM typically has frequencies ranging from 2133MHz to 4600MHz.

A stock broker is a professional who buys and sells stocks on behalf of clients in exchange for a fee or commission.

• Stock brokers facilitate the buying and selling of stocks on various stock exchanges.

• They provide investment advice and recommendations to clients based on their financial goals and risk tolerance.

• Stock brokers must be licensed and adhere to strict regulations set by financial authorities.

• Examples of stoc...read more

Futures and options are financial derivatives that derive their value from an underlying asset.

• Futures are contracts to buy or sell an asset at a specified price on a future date.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price within a specific timeframe.

• Both futures and options are used for hedging, speculation, and arbitrage in financial markets.

OTM, ATM, and ITM options refer to Out of The Money, At The Money, and In The Money options respectively.

• OTM options have strike prices that are unfavorable compared to the current market price.

• ATM options have strike prices that are closest to the current market price.

• ITM options have strike prices that are favorable compared to the current market price.

The latest lot size for Nifty is 75.

• The latest lot size for Nifty is 75.

• Lot size refers to the minimum quantity or number of shares that can be traded in a single transaction.

• Knowing the lot size is important for calculating the total cost of a trade.

Bank Nifty index is a benchmark index that tracks the performance of the banking sector in India.

• Bank Nifty index is composed of the most liquid and large capitalized banking stocks listed on the National Stock Exchange (NSE) of India.

• It provides investors and traders with a benchmark to measure the performance of the banking sector as a whole.

• Bank Nifty index futures and options are actively traded on the NSE for hedg