Charter Mercantile Interview Questions and Answers

Basic Financial Accounting concepts
Email Writing
Logical Reasoning

Q1. What goes in the line items of Income Statement?
Ans. 
Line items in an Income Statement include revenues, expenses, gains, and losses.
• Revenue: Sales of goods or services

• Cost of Goods Sold (COGS): Direct costs related to producing goods sold

• Gross Profit: Revenue minus COGS

• Operating Expenses: Costs related to running the business (e.g. salaries, rent)

• Operating Income: Gross profit minus operating expenses

• Interest Expense: Cost of borrowing money

• Net Income: Total profit afte...read more
Answered by AI
Add your answer
Q2. What is Investment Banking?
Ans. 
Investment banking involves providing financial advisory services to corporations, governments, and other institutions for raising capital, mergers and acquisitions, and other financial transactions.
• Helps companies raise capital through issuing stocks or bonds

• Assists in mergers and acquisitions by providing valuation and negotiation services

• Provides financial advisory services for various transactions such as IPOs, deb...read more
Answered by AI
Add your answer
Q3. Explain the impact of share buyback on the 3 financial statements.
Ans. 
Share buybacks impact financial statements by reducing outstanding shares, increasing EPS, and affecting cash flow.
• Share buybacks reduce the number of outstanding shares on the balance sheet.

• This can increase earnings per share (EPS) as the same amount of earnings is distributed among fewer shares.

• On the income statement, share buybacks can lead to higher EPS and potentially higher stock prices.

• Share buybacks can also ...read more
Answered by AI
Add your answer
Q4. Impact of bonus share issue on 3 financial statements.
Ans. 
Bonus share issue impacts financial statements by increasing equity on balance sheet, reducing retained earnings, and affecting earnings per share.
• Increase in equity on balance sheet due to additional shares issued at no cost

• Reduction in retained earnings as company's profits are distributed among more shareholders

• Impact on earnings per share as number of shares outstanding increases
Answered by AI
Add your answer

We were asked to write an essay about trending topics.

Q1. What motivates you to join OMICS, and where do you see yourself in the next five years?
Ans. 
I am motivated to join OMICS because of its reputation for cutting-edge research and innovation. In the next five years, I see myself growing professionally and contributing significantly to the organization's success.
• Motivated by OMICS's reputation for cutting-edge research and innovation

• Desire to grow professionally and contribute to organizational success

• Seeking opportunities for career advancement and development

• In...read more
Answered by AI
Add your answer
Q2. Can you tell me about yourself?
Ans. 
Experienced editor with a passion for storytelling and a track record of successful project management.
• Over 5 years of experience in editing and project management

• Strong background in journalism and storytelling

• Proven track record of meeting deadlines and exceeding expectations

• Excellent communication and leadership skills

• Passionate about fostering creativity and collaboration in a team environment
Answered by AI
Add your answer

Q1. What are the assumptions of Linear Regression?
Ans. 
Assumptions of Linear Regression
• Linearity: The relationship between the independent and dependent variables is linear.

• Independence: The residuals are independent of each other.

• Homoscedasticity: The variance of residuals is constant across all levels of the independent variables.

• Normality: The residuals are normally distributed.

• No multicollinearity: The independent variables are not highly correlated with each other.
Answered by AI
Add your answer
Q2. How to evaluate your machine learning model?
Ans. 
Evaluate machine learning model by analyzing metrics like accuracy, precision, recall, F1 score, ROC curve, and confusion matrix.
• Calculate accuracy to measure overall performance of the model.

• Use precision to evaluate the proportion of true positive predictions among all positive predictions.

• Consider recall to assess the proportion of true positive predictions among all actual positives.

• Calculate F1 score as a balance ...read more
Answered by AI
Add your answer

Q1. What is R-Squared and Adjusted R Squared? Also brief about the difference?
Add your answer
Q2. Interpret the coefficients of Linear Regression and Binomial Logistic Regression?
Add your answer

Q1. Median of 2 sorted array
Add your answer
Q2. Linux commands for chmod
Add your answer
Q3. Features of python
Add your answer
Q4. Deepcopy and shallowcopy
Add your answer

Q1. About Your project
Add your answer
Q2. CI/CD,AWS,Docker
Add your answer
Q3. Any certification
Ans. 
Yes, I have obtained the AWS Certified DevOps Engineer - Professional certification.
• Obtained AWS Certified DevOps Engineer - Professional certification

• Certification validates expertise in implementing and managing continuous delivery systems on AWS

• Demonstrates ability to automate security controls, governance processes, and compliance validation
Answered by AI
Add your answer

Q1. Projects,Platforms,Docker
Add your answer
Q2. About your skills in platforms
Add your answer

Q1. What is ETL, and can you explain it in a structured manner?
Ans. 
ETL stands for Extract, Transform, Load. It is a process used to extract data from various sources, transform it into a consistent format, and load it into a target database or data warehouse.
• Extract: Involves extracting data from different sources such as databases, files, APIs, etc.

• Transform: Data is cleaned, validated, and transformed into a consistent format suitable for analysis.

• Load: The transformed data is loade...read more
Answered by AI
Add your answer
Q2. What is the correct structure of a DBMS diagram?
Ans. 
The correct structure of a DBMS diagram includes entities, attributes, relationships, and keys.
• Entities represent the main objects in the database (e.g. Customer, Product).

• Attributes are characteristics of entities (e.g. CustomerID, ProductName).

• Relationships show how entities are related to each other (e.g. one-to-many, many-to-many).

• Keys uniquely identify each record in a table (e.g. Primary Key, Foreign Key).
Answered by AI
Add your answer

Q1. Strengths,weakness,why do we hire you, what are your hobbies
Add your answer

Q1. What is QAP &ITP
Ans. 
QAP stands for Quality Assurance Plan and ITP stands for Inspection and Test Plan.
• QAP outlines the quality control procedures and processes to be followed during a project.

• ITP details the specific inspections and tests that will be conducted to ensure quality standards are met.

• Both documents are essential for ensuring quality and compliance in projects.
Answered by AI
Add your answer
Q2. How total station work
Ans. 
Total stations are electronic/optical instruments used in surveying and construction to measure angles and distances.
• Total stations combine a theodolite for measuring angles with a distance meter to calculate distances.

• They use a laser beam to measure distances to objects.

• Total stations are commonly used in construction, civil engineering, and land surveying.

• They provide accurate measurements for mapping, setting out b...read more
Answered by AI
Add your answer
Q3. Why soil compactionis done
Ans. 
Soil compaction is done to increase soil density, improve load-bearing capacity, reduce water infiltration, and enhance root growth.
• Increase soil density to improve stability and reduce settling

• Improve load-bearing capacity for construction projects

• Reduce water infiltration to prevent erosion and improve drainage

• Enhance root growth by providing a stable environment for plants

• Common methods include using heavy machinery
Answered by AI
Add your answer
Q4. Why HDPE liner used
Ans. 
HDPE liner is used for its durability, chemical resistance, and flexibility in various applications.
• HDPE liner is chosen for its high durability, able to withstand harsh environmental conditions.

• It is chemically resistant, making it ideal for use in containment systems for hazardous materials.

• HDPE liner is flexible, allowing it to conform to the shape of the surface it is being applied to.

• Common applications include la...read more
Answered by AI
Add your answer
Q5. How FDD test carried out
Ans. 
FDD tests are carried out by following a structured approach to identify defects in software development.
• FDD tests involve creating test cases based on functional requirements

• Tests are executed to verify if the software functions as expected

• Defects found during testing are logged and prioritized for resolution

• Regression testing is performed to ensure that fixes do not introduce new issues
Answered by AI
Add your answer

Q1. Tell me about yourself.
Ans. 
Experienced Senior Analyst with a background in financial analysis and data interpretation.
• Over 5 years of experience in analyzing financial data and providing strategic recommendations

• Proficient in using various data analysis tools such as Excel, SQL, and Tableau

• Strong attention to detail and ability to communicate complex findings to stakeholders

• Led a team in developing a forecasting model that resulted in a 10% incr
Answered by AI
Add your answer
Q2. What's marketing mix modelling?
Ans. 
Marketing mix modelling is a statistical analysis used to estimate the impact of various marketing tactics on sales and other key performance indicators.
• Involves analyzing the effects of different marketing variables such as pricing, advertising, and distribution on sales.

• Helps in optimizing marketing strategies by identifying the most effective mix of marketing elements.

• Uses statistical techniques like regression anal...read more
Answered by AI
Add your answer
Q3. How did you built MMM in previous organization (based on project in Resume)?
Ans. 
I built a Marketing Mix Model (MMM) in my previous organization by analyzing historical sales data, marketing spend, and external factors.
• Performed data cleaning and preprocessing to ensure accuracy of inputs

• Utilized statistical techniques such as regression analysis to identify relationships between variables

• Incorporated seasonality and trend factors to account for fluctuations in sales

• Collaborated with cross-function...read more
Answered by AI
Add your answer