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Clover IT Services Interview Questions and Answers

Updated 20 Mar 2024

Q1. What is Finance? What is difference between Investment and trading ?

Ans.

Finance is the management of money and investments. Investment is buying assets for long-term growth, while trading is buying and selling assets for short-term profit.

  • Finance involves managing money and investments to maximize returns and minimize risks.

  • Investment is the purchase of assets with the intention of holding them for a long period of time to generate income or capital gains.

  • Trading involves buying and selling assets frequently with the aim of making a profit from s...read more

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Q2. Who is finance minister of India?

Ans.

Nirmala Sitharaman is the current Finance Minister of India.

  • Nirmala Sitharaman took over as the Finance Minister of India in May 2019.

  • She is the first full-time female Finance Minister of India.

  • Prior to this, she served as the Defence Minister of India.

  • She has also worked as a professional in the field of economics and finance.

  • As the Finance Minister, she has introduced several measures to boost the Indian economy.

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Q3. What do you know about trading

Ans.

Trading involves buying and selling financial instruments such as stocks, bonds, and commodities in order to make a profit.

  • Trading is the act of buying and selling financial instruments in various markets.

  • Traders aim to profit from short-term price movements by speculating on the direction of asset prices.

  • Different types of trading include day trading, swing trading, and position trading.

  • Trading can be done in various markets such as stocks, bonds, forex, and commodities.

  • Risk...read more

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Q4. What is strength and weakness

Ans.

Strength is a positive attribute or quality that contributes to success, while weakness is a limitation or area of improvement.

  • Strengths are skills, qualities, or experiences that set you apart from others and help you excel in your work.

  • Weaknesses are areas where you may struggle or need to develop further to reach your full potential.

  • Examples of strengths could include strong analytical skills, effective communication, or leadership abilities.

  • Examples of weaknesses could in...read more

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Q5. What do mean by storytelling

Ans.

Storytelling is the art of conveying a message or information through a narrative or sequence of events.

  • Storytelling involves using characters, plot, and setting to engage the audience.

  • It helps to make complex information more relatable and easier to understand.

  • Examples include using case studies, anecdotes, or personal experiences to illustrate a point.

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Q6. What you know about capital markets

Ans.

Capital markets are where financial instruments such as stocks, bonds, and commodities are traded.

  • Capital markets are where companies and governments can raise funds by selling securities to investors.

  • The stock market is a type of capital market where stocks are bought and sold.

  • Bonds are another type of security traded in capital markets.

  • Commodities such as gold and oil can also be traded in capital markets.

  • Capital markets are important for the economy as they provide a way f...read more

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Q7. What is forex market

Ans.

Forex market is a global marketplace where currencies are traded.

  • Forex market stands for foreign exchange market

  • It is the largest financial market in the world

  • Traders buy and sell currencies in order to make a profit

  • Exchange rates fluctuate based on various factors such as economic indicators, geopolitical events, and market sentiment

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Q8. What is finance

Ans.

Finance is the management of money and investments.

  • Finance involves managing money, investments, and other financial assets.

  • It includes activities such as budgeting, saving, investing, and borrowing.

  • Financial analysts analyze financial data to help businesses make informed decisions.

  • Examples of finance include banking, investing in stocks, and managing personal finances.

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