Danske IT IT Application Specialist Interview Questions and Answers

Q1. Explain random forest
Ans. 
Random forest is an ensemble learning method that builds multiple decision trees and merges them to improve accuracy and prevent overfitting.
• Random forest is a type of ensemble learning method.

• It builds multiple decision trees during training.

• Each tree is built using a subset of the training data and a random subset of features.

• The final prediction is made by averaging the predictions of all the individual trees.

• Random...read more
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Q2. What is boosting
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Boosting is a machine learning ensemble technique where multiple weak learners are combined to create a strong learner.
• Boosting is an iterative process where each weak learner is trained based on the errors of the previous learners.

• Examples of boosting algorithms include AdaBoost, Gradient Boosting, and XGBoost.

• Boosting is used to improve the accuracy of models and reduce bias and variance.
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Q1. Private equity, hedge fund, alternative investments, concepts of finance and wealth management.
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Q2. All are mentioned
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To write reverse list

Q1. Salary discussed
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Q2. Benefits discussed
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Q1. Questions related to Hedge fund and mutual fund diffrence. Capital market and Private equity. OTC and Reconciliation n trade life cycle.
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Q2. Options and Futures. Basic Financial Knowledge
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Q1. Reason for switch
Ans. 
I switched jobs to pursue new challenges and opportunities for growth.
• Seeking new challenges and opportunities for personal and professional growth

• Desire for a change in work environment or company culture

• Interest in exploring different industries or roles

• Wanted to learn new skills or gain more experience

• Looking for better work-life balance or compensation

• Example: I wanted to switch to a company that values innovation ...read more
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Q2. Job satisfaction
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Q3. Salary negotiation
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Q4. Domain expertise
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Q5. Comfortable for shift timing
Ans. 
I am comfortable with shift timings and can adapt to different schedules.
• I have experience working various shifts in previous roles

• I am flexible and can adjust my schedule as needed

• I understand the importance of being reliable and punctual in a shift-based job
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Q1. How many year experience
Ans. I have 10 year experience same office
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Q2. When you will join company?
Ans. If i got selected i need 30 days paper period on my current office
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Q3. How much salary you will expected?
Ans. I will expect 20 k salary
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Q4. Are u interested to work night shift
Ans. Yes I interested day or night shift
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Q5. Are u interested to week end
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Q6. Why you resign your current office
Ans. I interested to learn new things that's only reason
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Q7. You interested voice or non voice job
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Q8. Tell me your interest skills
Ans. I am to work always sir
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Q1. Exceptions and thread implementation
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Q2. Basics of restful web services
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Q1. Basic question: tell me about yourself
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Q1. Finance related questions: mutual funds, private equity, VC, NAV Calculation, Index funds vs ETF
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