Bajaj Finserv Associate Interview Questions and Answers

Few questions about process

Q1. About experience
Add your answer
Q2. Other details experience
Add your answer

Q1. Previous process questionnaire
Add your answer
Q2. Relocation details
Add your answer

Credit Reserach on any listed company

Q1. Enumerate the difference between NOPAT and FCF
Ans. 
NOPAT is the net operating profit after tax, while FCF is the free cash flow.
• NOPAT is a measure of a company's profitability that excludes taxes and interest expenses.

• FCF is a measure of a company's financial performance that represents the cash generated by the business after accounting for capital expenditures.

• NOPAT = Operating Income * (1 - Tax Rate)

• FCF = NOPAT + Depreciation & Amortization - Change in Working Capit
Answered by AI
Add your answer
Q2. Is negative working capital good for a comapny?
Ans. 
Negative working capital can be good for a company as it indicates efficient management of assets and liabilities.
• Negative working capital can indicate that a company is effectively using its short-term assets to fund its short-term liabilities.

• It can show that a company is able to quickly convert inventory or accounts receivable into cash to meet its short-term obligations.

• However, sustained negative working capital m...read more
Answered by AI
Add your answer
Q3. Is one time item in CFO an alarming item for a comany seeking debt?
Ans. 
Yes, one-time items in CFO can be alarming for a company seeking debt.
• One-time items can distort the true financial health of a company

• Lenders may view one-time items as unsustainable sources of income

• It may raise concerns about the company's ability to generate consistent cash flow

• Companies should provide explanations for one-time items to lenders
Answered by AI
Add your answer
Q4. How can a company remove its debt but not affect the cash flow?
Ans. 
A company can remove its debt without affecting cash flow by refinancing debt at lower interest rates, increasing revenue, or selling assets.
• Refinance debt at lower interest rates to reduce debt burden

• Increase revenue through sales growth or cost-cutting measures

• Sell assets to generate cash and pay off debt

• Negotiate with creditors for better repayment terms
Answered by AI
Add your answer

Q1. Derivatives, Mutual fund
Add your answer
Q2. Basics of financial reporting
Add your answer

Color, calculation, test, code, like and dislike

Q1. What’s the biggest challenge so far and how did you solve it
Add your answer

Q1. About youself with family background
Add your answer
Q2. Questioning about relevent current job
Add your answer

The aptitude consisted of 45 questions in 30/45 minutes

There were two coding questions.

Q1. Derivatives knowledge, Bond workflow
Add your answer

Q1. Fixed Income and job profile
Add your answer