BankBazaar Associate Analyst Interview Questions and Answers

Q1. Why do you want to work with ACKO?
Ans. 
I want to work with ACKO because of their innovative approach to insurance and their strong focus on customer satisfaction.
• Innovative approach to insurance - ACKO's use of technology to simplify the insurance process is impressive.

• Strong focus on customer satisfaction - ACKO's commitment to providing excellent customer service sets them apart from other insurance companies.

• Opportunity for growth and learning - I believ...read more
Answered by AI
Add your answer
Q2. What is insurance?
Ans. 
Insurance is a financial product that provides protection against financial losses resulting from unexpected events.
• Insurance involves a contract between an individual or entity (the policyholder) and an insurance company.

• The policyholder pays a premium in exchange for coverage and protection against specified risks.

• Types of insurance include health, life, auto, home, and business insurance.

• Insurance helps individuals ...read more
Answered by AI
Add your answer

Q1. Expain microservies and how it is different from monolith
Ans. 
Microservices are a software development technique where an application is composed of small, independent services that communicate with each other.
• Microservices are small, independent services that focus on specific business capabilities.

• Each microservice can be developed, deployed, and scaled independently.

• Microservices communicate with each other through APIs.

• Monolith is a single, large application where all compone...read more
Answered by AI
Add your answer
Q2. How do we ochestrate microservies
Ans. 
Orchestrating microservices involves managing communication, coordination, and deployment of individual services to work together seamlessly.
• Use a service mesh like Istio or Linkerd to handle communication between microservices

• Implement a centralized orchestration tool like Kubernetes to manage deployment and scaling of microservices

• Utilize API gateways to control access and routing of requests to different microservic
Answered by AI
Add your answer

Q1. About Bloomberg
Add your answer
Q2. Itc derivatives Assests
Add your answer

Q1. About kyc process,related act, str etc
Add your answer

Q1. Related to AML and kyc
Add your answer
Q2. What is aml how cdd and edd are conducted
Ans. 
AML stands for Anti-Money Laundering. CDD (Customer Due Diligence) and EDD (Enhanced Due Diligence) are processes conducted to identify and verify customers to prevent money laundering and terrorist financing.
• AML is a set of regulations and procedures designed to prevent money laundering and terrorist financing.

• CDD involves verifying the identity of customers, assessing their risk level, and monitoring their transactio...read more
Answered by AI
Add your answer

Q1. Related to AML and kyc
Add your answer

Q1. Related to AML and kyc
Add your answer

Q1. Related to AML and KYC
Add your answer

1 hour of test match reasoning and situation based

Q1. About the profile and previous role, Finance and accounting.
Add your answer

Q1. Tell me about yourself? Education background
Add your answer

Q1. What is stock market? Do you know trading? Any calling experience? Are you able to handle rude customers?
Ans. 
The stock market is a platform where buyers and sellers trade shares of publicly traded companies.
• Stock market is a marketplace where stocks or shares of publicly traded companies are bought and sold.

• Trading involves buying and selling stocks, bonds, or other financial instruments.

• Calling experience refers to previous experience in customer service or call center roles.

• Handling rude customers requires patience, empathy...read more
Answered by AI
Add your answer