BNP Paribas Asset Management India Interview Questions and Answers

Trade settlement is the process of transferring securities and funds between parties involved in a trade.

• Trade settlement involves the finalization of a trade by ensuring the delivery of securities and payment of funds.

• It typically includes activities such as confirmation, clearing, and settlement.

• Confirmation involves verifying the details of the trade between the buyer and seller.

• Clearing involves matching and reconc...read more

A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, managed by a professional fund manager.

• Mutual funds pool money from multiple investors to invest in a diversified portfolio of securities

• They are managed by professional fund managers who make investment decisions on behalf of the investors

• The governing body of mutual funds is typically the Securities and Exch...read more

BRD stands for Business Requirements Document and FRD stands for Functional Requirements Document.

• BRD outlines the business solution for a project, including the business problem, objectives, and proposed solution.

• FRD details the functional requirements of a project, specifying what the system must do.

• BRD focuses on the 'what' of a project, while FRD focuses on the 'how'.

BRD stands for Business Requirements Document, while FRD stands for Functional Requirements Document. BRD focuses on high-level business objectives, while FRD details specific functionalities.

• BRD outlines the business problem and goals, while FRD specifies how the system will meet those goals.

• BRD is more focused on the 'what' of the project, while FRD is focused on the 'how'.

• BRD is typically created by business stakeho...read more

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

• Mutual funds can be categorized based on asset class (equity, fixed income, money market), investment objective (growth, income, balanced), and structure (open-end, closed-end, ETFs).

• Equity funds invest in stocks, fixed income funds invest in bonds, and money market funds invest in short-term ...read more