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50+ Nanz Med Science Pharma Interview Questions and Answers

Updated 12 Jan 2025
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Q1. Convert the number given in the word to a numeral ex: if three million four hundred fifty six thousand three hundred thirty five is given as input we need to print 3456335

Ans.

Convert a number in words to its numeral form.

  • Split the input string into words

  • Create a dictionary mapping words to their numerical values

  • Iterate through the words and add up the numerical values

  • Return the final sum as a string

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Q2. What are the different continuous improvement frameworks which you have deployed?

Ans.

I have deployed Lean Six Sigma, Kaizen, and Total Quality Management frameworks.

  • Implemented Lean Six Sigma methodology to reduce defects and improve process efficiency.

  • Deployed Kaizen approach to continuously identify and eliminate waste in processes.

  • Implemented Total Quality Management framework to ensure quality at every stage of the process.

  • Used DMAIC (Define, Measure, Analyze, Improve, Control) approach to problem-solving.

  • Implemented 5S methodology to improve workplace or...read more

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Q3. Print all the numbers from 1 to n which are divisible 2 and 7

Ans.

Print all numbers from 1 to n that are divisible by 2 and 7.

  • Use a loop to iterate from 1 to n

  • Check if the current number is divisible by 2 and 7 using the modulo operator

  • If the number is divisible by both 2 and 7, print it

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Q4. Brief me about the Ticket Management SLAs and OLAs set. How should the metrics be measured to ensure the numbers around 100%?

Ans.

Ticket Management SLAs and OLAs should be measured using relevant metrics to ensure 100% compliance.

  • Define clear and specific SLAs and OLAs for ticket management

  • Identify relevant metrics such as response time, resolution time, etc.

  • Monitor and track the metrics regularly

  • Analyze the data to identify areas of improvement

  • Implement corrective actions to improve compliance

  • Continuously review and update the SLAs and OLAs as needed

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Q5. What is your understand of CI-CD , how it supplements existing PEX frameworks?

Ans.

CI-CD is a software development approach that emphasizes continuous integration and continuous delivery/deployment.

  • CI-CD is a process that automates the building, testing, and deployment of software changes.

  • It helps to identify and fix issues early in the development cycle.

  • CI-CD supplements existing PEX frameworks by providing a more streamlined and efficient approach to software development.

  • It helps to reduce the time and effort required to deliver high-quality software.

  • Exam...read more

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Q6. What you understand by investment banking?

Ans.

Investment banking involves providing financial advice and services to corporations, governments, and other institutions.

  • Investment banks help clients raise capital through underwriting and issuing securities.

  • They also provide advisory services for mergers and acquisitions, restructuring, and other financial transactions.

  • Investment bankers work closely with clients to understand their financial needs and develop customized solutions.

  • Examples of investment banks include Goldma...read more

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Q7. How is Gauge RnR going to reduce variation within team?

Ans.

Gauge RnR helps identify sources of variation and provides a framework for improvement.

  • Gauge RnR helps to identify the sources of variation within a team's processes.

  • It provides a framework for improvement by measuring the repeatability and reproducibility of a process.

  • By reducing the sources of variation, Gauge RnR can help to improve the quality of the team's output.

  • For example, if a team is experiencing variation in the measurements of a product, Gauge RnR can help to iden...read more

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Q8. What i know about the organization BA Continuum India pvt. Ltd.

Ans.

BA Continuum India Pvt. Ltd. is a subsidiary of Bank of America that provides technology and operations services.

  • It was established in 2004 and has its headquarters in Mumbai.

  • It has over 15,000 employees and operates in multiple locations across India.

  • It provides services in areas such as finance, risk, compliance, technology, and operations.

  • It has won several awards for its innovative solutions and employee-friendly policies.

  • It is committed to sustainability and has implemen...read more

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Q9. What do u understand by retail banking?

Ans.

Retail banking refers to the services provided by banks to individual customers, including deposit accounts, loans, and credit cards.

  • Retail banking focuses on serving individual customers rather than businesses or institutions.

  • It includes various financial products and services such as savings accounts, checking accounts, personal loans, mortgages, and credit cards.

  • Retail banks offer convenience and accessibility through branches, ATMs, online banking, and mobile apps.

  • They pr...read more

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Q10. What is Proxy Server , How do u troubleshoot out look issue , what is firewalls , What is VMware , etc

Ans.

Proxy server, Outlook troubleshooting, firewalls, and VMware are all important components of modern IT infrastructure.

  • A proxy server acts as an intermediary between clients and servers, providing security and performance benefits.

  • Outlook issues can be caused by a variety of factors, including network connectivity problems, incorrect settings, and corrupted data files.

  • Firewalls are network security devices that monitor and control incoming and outgoing traffic based on predefi...read more

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Q11. write sql query to find employee and their managers from the same table.

Ans.

SQL query to find employee and their managers from the same table.

  • Use a self-join to join the table with itself.

  • Match the employee's manager ID with the manager's employee ID.

  • Select the employee and manager details from the table.

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Q12. What is a counterfeit check? How can you identify?

Ans.

A counterfeit check is a fake check that is not issued by a legitimate bank or financial institution.

  • Counterfeit checks often have misspelled words or incorrect information on them.

  • They may also have a different font or color than genuine checks.

  • The check may be made out for an unusual amount or have an unusual memo line.

  • The paper may feel different or have a different texture than real checks.

  • If you suspect a check is counterfeit, contact the issuing bank to verify its authe...read more

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Q13. What is DV01 and what is the recognition measure in ifrs 9

Ans.

DV01 is a measure of the change in the price of a bond for a 1 basis point change in yield. Recognition measure in IFRS 9 is Expected Credit Loss (ECL).

  • DV01 measures the sensitivity of a bond's price to changes in interest rates

  • It represents the dollar value of a one basis point decrease in yield

  • IFRS 9 uses Expected Credit Loss (ECL) as the recognition measure for impairment of financial assets

  • ECL is based on the probability-weighted estimate of credit losses over the expecte...read more

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Q14. What is VaR and what are the variables used in calculating VaR

Ans.

VaR stands for Value at Risk, a measure used to assess the potential loss in value of a portfolio over a specific time period.

  • VaR is a statistical measure used to quantify the level of financial risk within a portfolio.

  • Variables used in calculating VaR include the portfolio value, the time period, and the level of confidence.

  • For example, a 95% VaR of $1 million over a one-week period means there is a 5% chance of losing more than $1 million in that week.

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Q15. What are the steps in waterfall model

Ans.

Waterfall model is a linear sequential approach to software development.

  • Requirements gathering and analysis

  • Design

  • Implementation

  • Testing

  • Deployment

  • Maintenance

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Q16. What is fraud? How can you mitigate risk

Ans.

Fraud is a deliberate deception to secure unfair or unlawful gain. Risk can be mitigated by implementing strong internal controls.

  • Fraud can take many forms such as embezzlement, identity theft, and false billing.

  • To mitigate risk, companies can implement internal controls such as segregation of duties, regular audits, and background checks.

  • Training employees on fraud prevention and detection can also help mitigate risk.

  • In addition, companies can use technology such as fraud de...read more

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Q17. Explain the approach used in the previous problem

Ans.

I need more context on the previous problem to provide an answer.

  • Please provide more information on the previous problem

  • Without context, I cannot provide an answer

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Q18. What is overloading and overriding inJava

Ans.

Overloading is having multiple methods with the same name but different parameters. Overriding is implementing a method in a subclass that is already defined in the parent class.

  • Overloading allows a class to have multiple methods with the same name but different parameters.

  • Overriding occurs when a subclass provides a specific implementation of a method that is already provided by its parent class.

  • Overloading is determined at compile time based on the method signature, while o...read more

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Q19. How to resolve excited issue to the user.

Ans.

To resolve an excited issue for a user, listen actively, empathize, provide clear instructions, and offer reassurance.

  • Listen actively to the user's concerns and frustrations.

  • Empathize with the user's emotions and acknowledge their feelings.

  • Provide clear instructions on how to resolve the issue step by step.

  • Offer reassurance that the problem will be resolved and provide a timeline if possible.

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Q20. Explain different data types in python.

Ans.

Python supports various data types including numeric, string, boolean, list, tuple, set, and dictionary.

  • Numeric data types include integers, floats, and complex numbers.

  • String data type is used to represent text.

  • Boolean data type has two values: True and False.

  • List is a collection of ordered and changeable elements.

  • Tuple is a collection of ordered and unchangeable elements.

  • Set is a collection of unordered and unindexed elements.

  • Dictionary is a collection of key-value pairs.

  • Ex...read more

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Q21. What is the relation between delta and gamma

Ans.

Delta measures the rate of change of an option's price with respect to the underlying asset's price, while gamma measures the rate of change of delta with respect to the underlying asset's price.

  • Delta is the first derivative of the option price with respect to the underlying asset price, while gamma is the second derivative of the option price with respect to the underlying asset price.

  • Delta tells us how much the option price will change for a $1 change in the underlying asse...read more

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Q22. Do you know anything about bank of america ?

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Q23. What is Interface in C#?

Ans.

Interface in C# is a reference type that defines a contract for classes to implement certain methods and properties.

  • Interfaces contain only method signatures, properties, events, or indexers.

  • Classes can implement multiple interfaces but inherit from only one class.

  • Interfaces are used to achieve abstraction, multiple inheritance, and polymorphism.

  • Example: public interface IShape { void Draw(); }

  • Example: public class Circle : IShape { public void Draw() { Console.WriteLine("Dra...read more

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Q24. How VaR is calculated? How it is different from SVaR and ES?

Ans.

VaR is calculated by estimating potential losses at a certain confidence level. SVaR and ES are alternative risk measures.

  • VaR estimates potential losses at a certain confidence level, usually 95% or 99%

  • SVaR (Stressed VaR) is a more conservative measure that takes into account extreme market events

  • ES (Expected Shortfall) is the average of all potential losses beyond the VaR threshold

  • VaR is a widely used risk measure in finance, while SVaR and ES are alternative measures that c...read more

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Q25. What is an iinterface?

Ans.

An interface is a point of interaction between two systems or components.

  • An interface defines the methods, properties, and events that a component exposes to other components.

  • Interfaces allow for loose coupling between components, making it easier to change or replace one component without affecting others.

  • Examples of interfaces include user interfaces, application programming interfaces (APIs), and network interfaces.

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Q26. Explain about agile methodology

Ans.

Agile methodology is an iterative approach to software development that emphasizes flexibility and customer satisfaction.

  • Agile values individuals and interactions over processes and tools

  • It emphasizes working software over comprehensive documentation

  • Agile teams work in short iterations called sprints

  • Customer feedback is incorporated throughout the development process

  • Examples of agile methodologies include Scrum, Kanban, and Extreme Programming

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Q27. Explain different types of joins

Ans.

Different types of joins are used to combine data from two or more tables based on a related column.

  • Inner join returns only the matching rows from both tables

  • Left join returns all rows from the left table and matching rows from the right table

  • Right join returns all rows from the right table and matching rows from the left table

  • Full outer join returns all rows from both tables, with NULL values in non-matching rows

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Q28. What are the rules of deposit

Ans.

Rules of deposit refer to guidelines and regulations set by financial institutions for depositing money into accounts.

  • Deposits must be made in accordance with the bank's operating hours.

  • Deposits may be subject to holds for verification purposes.

  • Deposits over a certain amount may require additional documentation.

  • Deposits made through ATMs may have different rules compared to in-person deposits.

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Q29. Q2/Q3 financial results of bank of America

Ans.

Bank of America reported strong Q2/Q3 financial results with increased revenue and profits.

  • Bank of America's revenue increased by X% compared to the previous quarter.

  • Profits for Q2/Q3 exceeded analyst expectations.

  • The bank's stock price saw a significant increase following the release of the financial results.

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Q30. Wich taype acb and vcb and how the difference

Ans.

ACB stands for Air Circuit Breaker and VCB stands for Vacuum Circuit Breaker. The main difference is the medium used for arc extinction.

  • ACB uses air as the arc extinguishing medium, while VCB uses vacuum.

  • ACBs are typically used for low voltage applications, while VCBs are used for medium to high voltage applications.

  • VCBs are more reliable and require less maintenance compared to ACBs.

  • ACBs are generally cheaper than VCBs.

  • Examples: Siemens ACB and Schneider VCB.

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Q31. What is needed more quality or quantity

Ans.

Both quality and quantity are important, but quality should be prioritized.

  • Quality ensures customer satisfaction and loyalty.

  • Quality products or services lead to positive word-of-mouth and referrals.

  • Quality reduces the need for rework or returns, saving time and resources.

  • Quantity alone may result in lower customer satisfaction if the products or services lack quality.

  • However, in some cases, quantity may be more important, such as in fast-food chains where quick service is pr...read more

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Q32. What are the technology you are using

Ans.

We are using a variety of technologies including cloud computing, virtualization, automation tools, and monitoring software.

  • Cloud computing platforms like AWS and Azure

  • Virtualization technologies like VMware and Hyper-V

  • Automation tools like Ansible and Puppet

  • Monitoring software like Nagios and Zabbix

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Q33. Explain Taguichi laws of relativity?

Ans.

Taguchi's laws of relativity are a set of principles used in quality control and process improvement.

  • Taguchi's laws emphasize the importance of reducing variation in a process to improve quality.

  • The laws state that the cost of poor quality increases as the process moves away from the target value.

  • Taguchi's laws also stress the need to design robust products and processes that can withstand variation.

  • Examples of Taguchi's methods include design of experiments and quality loss ...read more

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Q34. Predictive modelling in ITSM projects?

Ans.

Predictive modelling can help ITSM projects identify potential issues and improve service delivery.

  • Predictive modelling uses data analysis to identify patterns and make predictions about future events.

  • In ITSM projects, predictive modelling can be used to identify potential service disruptions before they occur.

  • This can help IT teams take proactive measures to prevent issues and improve service delivery.

  • For example, predictive modelling can be used to identify patterns in user...read more

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Q35. How to call button in js

Ans.

You can call a button in JavaScript by using the document.getElementById() method.

  • Use document.getElementById() method to select the button by its id attribute

  • Assign the selected button to a variable for further manipulation

  • Call button methods or add event listeners to the button variable

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Q36. How to moderate the mortgage

Ans.

Moderating a mortgage involves adjusting terms to make payments more manageable for the borrower.

  • Negotiate with lender for lower interest rates or longer repayment period

  • Consider refinancing to lower monthly payments

  • Explore government assistance programs for mortgage relief

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Q37. Explain sequential data types

Ans.

Sequential data types are data structures where the elements are arranged in a specific order.

  • Elements can be accessed using their position or index

  • Examples include arrays, lists, and tuples

  • They are useful for storing and manipulating data that has a specific order

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Q38. Plans of higher studies

Ans.

I am currently not planning for higher studies.

  • I believe that my current skills and experience are sufficient for my career goals.

  • I am focused on gaining more practical experience in my field.

  • I may consider pursuing higher studies in the future if it aligns with my career goals.

  • However, at this time, I am not actively pursuing any further education.

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Q39. Risk management and examples at an Application level .

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Q40. What is the sdlc process?

Ans.

SDLC stands for Software Development Life Cycle, a process used by software development teams to design, develop, and test high-quality software.

  • SDLC is a structured process that consists of several phases including planning, analysis, design, implementation, testing, and maintenance.

  • Each phase has its own set of activities and deliverables that must be completed before moving on to the next phase.

  • Examples of SDLC models include Waterfall, Agile, and DevOps.

  • SDLC helps ensure ...read more

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Q41. How troubleshoot the Outlook Issue

Ans.

To troubleshoot Outlook issues, start by checking internet connection, restarting Outlook, updating software, checking email settings, and running diagnostics.

  • Check internet connection to ensure Outlook can connect to server

  • Restart Outlook to refresh the program

  • Update Outlook software to the latest version

  • Check email settings such as server configurations and account credentials

  • Run diagnostics tools provided by Outlook to identify and fix issues

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Asked in
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Q42. Difference in IE ISIN and crest ISIN

Ans.

IE ISIN is used for Irish securities while CREST ISIN is used for UK securities.

  • IE ISIN is a 12-character code that starts with 'IE' and is used for securities issued in Ireland.

  • CREST ISIN is a 12-character code that starts with 'GB' and is used for securities issued in the UK.

  • IE ISINs are registered with the Irish Stock Exchange while CREST ISINs are registered with Euroclear UK & Ireland.

  • IE ISINs are used for settlement and clearing of Irish securities while CREST ISINs are...read more

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Q43. How to address the BSOD issue

Ans.

To address the BSOD issue, start by identifying the root cause and troubleshooting the hardware or software related issues.

  • Identify the error code displayed on the BSOD screen to narrow down the issue

  • Check for recent hardware or software changes that may have caused the BSOD

  • Update device drivers and software to ensure compatibility and stability

  • Run diagnostic tests to check for hardware failures

  • Consider restoring the system to a previous stable state using System Restore

  • Consu...read more

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Q44. What is agile methodologies

Ans.

Agile methodologies are a set of principles and practices that prioritize flexibility, collaboration, and iterative development in project management.

  • Focus on adaptive planning and continuous improvement

  • Emphasize collaboration between cross-functional teams

  • Prioritize delivering working software in short iterations

  • Encourage frequent feedback and adaptation to changes

  • Common frameworks include Scrum, Kanban, and Extreme Programming

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Q45. What is Delta and gamma

Ans.

Delta and gamma are terms used in finance to measure the sensitivity of an option's price to changes in the price of the underlying asset.

  • Delta measures the rate of change of the option price with respect to changes in the price of the underlying asset. It ranges from -1 to 1 for call options and 0 to -1 for put options.

  • Gamma measures the rate of change of delta with respect to changes in the price of the underlying asset. It shows how delta will change as the underlying asse...read more

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Q46. Difference between agile and waterfall

Ans.

Agile is iterative and flexible, while waterfall is sequential and rigid.

  • Agile involves continuous feedback and adaptation, while waterfall follows a linear approach.

  • Agile allows for changes throughout the project, while waterfall requires detailed planning upfront.

  • Agile promotes collaboration and communication among team members, while waterfall has distinct phases with limited interaction.

  • Agile is better suited for projects with evolving requirements, while waterfall is ide...read more

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Q47. Core values of bank of America

Ans.

Bank of America's core values include integrity, teamwork, and excellence.

  • Integrity: Upholding high ethical standards in all business practices.

  • Teamwork: Collaborating effectively with colleagues and clients.

  • Excellence: Striving for excellence in all aspects of the business.

  • Customer focus: Putting the needs of customers first.

  • Diversity and inclusion: Embracing diversity and fostering an inclusive work environment.

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Q48. How you make applications from scratch

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Q49. Mortgage cycle of any loan

Ans.

The mortgage cycle of a loan refers to the process from application to closing and repayment.

  • Application: Borrower submits application and required documents.

  • Underwriting: Lender evaluates borrower's creditworthiness and property value.

  • Approval: Loan is approved or denied based on underwriting.

  • Closing: Borrower signs loan documents and funds are disbursed.

  • Repayment: Borrower makes monthly payments until loan is paid off.

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Q50. Flexibility for shift timings

Ans.

I am flexible with shift timings and can accommodate changes as needed.

  • I am open to working different shifts, including nights and weekends

  • I can adjust my schedule to meet the needs of the team or company

  • I have experience working in roles with varying shift timings

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Asked in
SME Interview

Q51. What is buy in

Ans.

Buy in refers to the agreement or acceptance of an idea or decision by a group or individual.

  • It is the process of gaining support or approval from stakeholders.

  • It involves convincing others to believe in and commit to a particular course of action.

  • Examples include getting team members to agree on a project plan or convincing investors to fund a new venture.

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Q52. What is Disaster management

Ans.

Disaster management involves planning, coordinating, and implementing measures to prevent, prepare for, respond to, and recover from natural or man-made disasters.

  • Involves risk assessment, mitigation, preparedness, response, and recovery

  • Requires coordination among various stakeholders such as government agencies, NGOs, and communities

  • Examples include creating evacuation plans for hurricanes, setting up emergency shelters during floods, and providing medical aid after earthqua...read more

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Q53. Explain DMAIC

Ans.

DMAIC is a problem-solving methodology used in Six Sigma to improve processes.

  • DMAIC stands for Define, Measure, Analyze, Improve, and Control.

  • It is a structured approach to identify and eliminate defects in a process.

  • It involves collecting data, analyzing it, and implementing solutions to improve the process.

  • DMAIC is used in various industries such as manufacturing, healthcare, and finance.

  • Example: A hospital uses DMAIC to reduce patient wait times in the emergency department...read more

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Q54. What are mutual funds

Ans.

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

  • Mutual funds are managed by professional fund managers.

  • Investors buy shares in the mutual fund and the value of their investment is determined by the performance of the underlying securities.

  • Mutual funds offer diversification, liquidity, and convenience.

  • There are different types of mutual funds, such as equity funds, bond fund...read more

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Q55. Stages in DataStage

Ans.

DataStage has 3 stages: Input, Processing, and Output.

  • Input stage: reads data from external sources

  • Processing stage: transforms and manipulates data

  • Output stage: writes data to external targets

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Q56. Explain your framework structure

Ans.

My framework structure is based on a combination of industry best practices and customized processes to ensure quality standards are met.

  • Utilize industry best practices for quality management

  • Customize processes to fit the specific needs of the organization

  • Implement continuous improvement initiatives to enhance quality standards

  • Regularly review and update framework to adapt to changing requirements

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Q57. Types of transformer

Ans.

Transformers are devices that transfer electrical energy between two or more circuits through electromagnetic induction.

  • Types of transformers include step-up transformers, step-down transformers, isolation transformers, auto transformers, and instrument transformers.

  • Step-up transformers increase voltage levels, while step-down transformers decrease voltage levels.

  • Isolation transformers are used to isolate the primary and secondary circuits for safety purposes.

  • Auto transformer...read more

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Q58. Design pattern in c#

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