Bajaj Capital Senior Wealth Manager Interview Questions and Answers

ICICI Direct is a leading online trading platform in India. Stock market is a dynamic platform for buying and selling securities.

• ICICI Direct is a subsidiary of ICICI Bank, offering online trading services for stocks, commodities, and mutual funds.

• The stock market is a platform where investors buy and sell shares of publicly traded companies, aiming to generate profits.

• Market trends, economic indicators, and company pe...read more

Financial planning is the process of setting financial goals, creating a plan to achieve them, and regularly reviewing and adjusting the plan.

• It involves assessing current financial situation

• Setting financial goals

• Creating a plan to achieve those goals

• Regularly reviewing and adjusting the plan

• Involves budgeting, saving, investing, and managing debt

• Examples include retirement planning, education planning, estate plannin

Assess the portfolio and take corrective actions to minimize losses.

• Analyze the portfolio to identify the root cause of losses

• Review the investment strategy and risk tolerance of the client

• Recommend diversification of the portfolio to minimize risk

• Suggest rebalancing the portfolio to align with the client's investment goals

• Provide regular updates and communicate with the client to ensure transparency

• Consider the market...read more

I have a passion for sales and ICICI Securities is a reputable organization with a strong track record.

• I enjoy the challenge of meeting sales targets and building relationships with clients.

• ICICI Securities has a strong reputation in the industry and a proven track record of success.

• The company offers excellent training and development opportunities for its employees.

• ICICI Securities has a diverse range of products and...read more

The best way to protect holdings from falling prices is through diversification and hedging strategies.

• Diversify the portfolio by investing in different asset classes, sectors, and regions.

• Use hedging strategies such as buying put options or short selling to offset potential losses.

• Regularly monitor the market and stay updated on relevant news and events.

• Implement stop-loss orders to automatically sell holdings if pric...read more

Selling near same quantity out of the money call of a share involves selling call options with a strike price higher than the current market price.

• Out of the money call options have a strike price higher than the current market price.

• Selling these options allows the seller to collect premium upfront.

• The seller believes that the share price will not rise above the strike price before the option expires.

• This strategy can...read more

Options strategy refers to the use of various options contracts to achieve specific investment goals.

• Options strategies involve buying and selling options contracts to take advantage of market conditions.

• Common options strategies include covered calls, protective puts, and straddles.

• These strategies can be used to generate income, hedge against risk, or speculate on market movements.

• For example, a covered call strategy...read more