Bnp Paribas Securities Interview Questions, Process, and Tips

Q1. Golden rules of Accounting
Ans. 
Golden rules of Accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified.

• For example, when a company receives cash from a c...read more
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Q2. What's fund accounting
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Fund accounting is a specialized form of accounting used by non-profit organizations and government agencies to track and manage funds.
• Fund accounting involves tracking and reporting on funds designated for specific purposes.

• It is commonly used by non-profit organizations, government agencies, and investment companies.

• Each fund has its own set of accounts to track revenues, expenses, assets, and liabilities.

• Fund accoun...read more
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Q3. What is a structure of Mutual funds
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Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.
• Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

• Investors can buy shares of mutual funds, which represent their ownership in the fund's portfolio.

• Mutual funds can invest in stocks, bonds, money market instruments, or a combination...read more
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Q4. How mutual funds AMC works
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Mutual funds AMC works by managing pooled funds from investors to invest in various securities and assets.
• AMC stands for Asset Management Company, which manages mutual funds on behalf of investors

• AMC collects money from investors and invests it in a diversified portfolio of securities

• AMC charges a fee for managing the funds, known as the expense ratio

• AMC's performance is measured by the fund's returns and how well it m
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Q1. Tell me about yourself
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Q2. What is Accounting
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Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions.
• Involves recording financial transactions

• Summarizing financial information in financial statements

• Analyzing financial data to provide insights

• Reporting financial information to stakeholders

• Examples: preparing balance sheets, income statements, cash flow statements
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Q3. What are fundamental rules of accounting
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Fundamental rules of accounting include the principles of consistency, conservatism, materiality, and others.
• The principle of consistency states that once an accounting method is chosen, it should be consistently applied.

• The principle of conservatism suggests that when in doubt, accountants should choose the option that is least likely to overstate assets and income.

• The principle of materiality states that only signifi...read more
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Q4. About any topic for 5 minutes
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Q1. About my profile and introduction
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Q2. What is corporate action
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Corporate action refers to events initiated by a publicly traded company that can affect its shareholders and securities.
• Corporate actions can include dividends, stock splits, mergers, acquisitions, spin-offs, and rights issues.

• These actions can impact the value of the company's stock and the rights of shareholders.

• Shareholders may need to take action or make decisions based on corporate actions announced by the compan...read more
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Q3. What is divided
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Things that are separated or split into parts
• Mathematical operations like division

• Physical objects like a cake being divided into slices

• Groups of people or resources being divided for allocation
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Q4. What is ex date
Ans. 
Ex date is the date on or after which a security is traded without a previously declared dividend or distribution.
• Ex date is the date on which a security begins trading without the dividend or distribution.

• Investors who purchase the security on or after the ex date will not receive the upcoming dividend or distribution.

• The ex date is typically set two business days before the record date.

• For example, if a company decla...read more
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Q5. What is record date?
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Record date is the date on which a company determines the shareholders eligible to receive dividends or other distributions.
• Record date is set by the company's board of directors.

• Shareholders must own the stock before the record date to receive the dividend.

• The record date is important for determining who is entitled to vote at shareholder meetings.

• Example: If a company sets a record date of June 1st, shareholders who ...read more
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Q6. What is pay date
Ans. 
Pay date is the date on which an employee receives their salary or wages.
• Pay date is typically set by the employer and can vary depending on the company's payroll schedule.

• It is the day when the employee's bank account is credited with their salary.

• Pay date can be weekly, bi-weekly, monthly, etc. depending on the company's policies.

• It is an important date for employees as it marks the day they receive their hard-earned
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Q7. What is merger and acquisition
Ans. 
Merger and acquisition is the process of combining two companies into one entity through various financial transactions.
• Merger involves two companies coming together to form a new company.

• Acquisition involves one company buying another company.

• Mergers and acquisitions are often done to achieve economies of scale, expand market share, or gain competitive advantage.

• Examples include Disney's acquisition of 21st Century Fo...read more
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Q8. What is bonus shares
Ans. 
Bonus shares are additional shares given to existing shareholders by a company, usually as a reward for holding shares.
• Bonus shares are issued by a company to its existing shareholders free of charge.

• They are given out of the company's profits or reserves.

• Bonus shares do not result in any cash outflow for shareholders.

• They increase the total number of shares outstanding but do not change the overall value of the compan...read more
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Q1. Are you willing to relocate
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Q2. Tell me about Bnp Paribas
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Q1. How does node js works or how were we able to run web application without a browser
Ans. 
Node.js is a JavaScript runtime built on Chrome's V8 JavaScript engine that allows developers to run JavaScript code outside of a web browser.
• Node.js is a server-side platform that uses an event-driven, non-blocking I/O model.

• It allows developers to write server-side code using JavaScript, traditionally a client-side language.

• Node.js can be used to build web servers, APIs, and other backend services.

• By using Node.js, d...read more
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Q2. What is reference variable
Ans. 
A reference variable is a variable that stores the memory address of another variable.
• Reference variables are used to access the value of the variable they point to.

• They are commonly used in programming languages like C++ and Java.

• Example: int x = 10; int& ref = x; // ref now refers to the variable x
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Q3. Use of ng container ng template...the question was made such a way to answer these concepts
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Led by the onsite team and there were only coding questions but they are happy with just logic rather than syntax

Q1. Just the work experience
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Q2. Package discussion or negotiation...but they will try as a contractor...so be alert to set your mindset
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Q1. Nothing much just about the work you did. Other than technical rounds all other rounds will be just about your salary package.
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Q1. There will not be any questions asked by HR as they only aim to hire with the lowest package possible. Subject knowledge doesn't matter for them they need low-cost employees.
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Q2. You should accept the salary they offer you else your offer will be cancelled
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