BNP Paribas Team Manager Interview Questions and Answers

Bond & yield relationship refers to how changes in bond prices affect the bond's yield, and vice versa.

• When bond prices go up, yields go down, and vice versa.

• Yield is the return on investment for a bond, expressed as a percentage.

• Inverse relationship between bond prices and yields is due to the fixed interest rate of bonds.

• Example: If a bond is issued at $1,000 with a 5% yield, and interest rates rise, the bond price m...read more

NAV (Net Asset Value) is calculated by subtracting liabilities from assets and dividing by the number of outstanding shares.

• NAV = (Total Assets - Total Liabilities) / Number of Outstanding Shares

• Total Assets include all investments, cash, and other assets held by the fund

• Total Liabilities include any debts or obligations the fund has

• Number of Outstanding Shares is the total number of shares issued by the fund

• NAV is use

EMV CHIP is a global standard for credit and debit card payments that uses a microprocessor chip to authenticate transactions.

• EMV stands for Europay, Mastercard, and Visa, the three companies that developed the standard

• The chip generates a unique code for each transaction, making it more secure than traditional magnetic stripe cards

• EMV technology is used in over 80 countries worldwide

• Many countries have mandated the us...read more