eClerx Interview Questions, Process, and Tips for Freshers

Q1. What is capital and money market?
Ans. 
Capital market is where long-term securities are bought and sold, while money market deals with short-term debt securities.
• Capital market involves trading of long-term securities like stocks and bonds

• Money market deals with short-term debt securities like treasury bills and commercial paper

• Capital market helps in raising long-term funds for companies and governments

• Money market provides short-term liquidity and financi...read more
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Q2. What is derivatives
Ans. 
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives allow investors to take positions on the future price movements of the underlying asset without actually owning it.

• They can be used to manage risk by providing insuranc...read more
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Q3. 3 golden rules of account
Ans. 
The 3 golden rules of accounting are the rules that govern how transactions are recorded in financial statements.
• 1. The accounting equation must always balance: Assets = Liabilities + Equity

• 2. Every transaction must be recorded in at least two accounts: one account will be debited and the other credited

• 3. The accounting period assumption states that financial statements should be prepared at regular intervals, usually
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Q1. Tell me about yourself
Ans. 
Experienced financial analyst with a strong background in financial planning and analysis.
• Over 5 years of experience in financial analysis

• Proficient in financial modeling and forecasting

• Skilled in budgeting and variance analysis

• Strong analytical and problem-solving skills

• Excellent communication and presentation abilities
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Q2. Tell me about different types of kyc
Ans. 
KYC stands for Know Your Customer and includes various types such as basic KYC, enhanced KYC, and ongoing KYC.
• Basic KYC involves verifying customer identity through documents like ID proof and address proof.

• Enhanced KYC includes additional verification steps like in-person verification or biometric authentication.

• Ongoing KYC involves regularly updating customer information to ensure compliance with regulations.

• Examples...read more
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Reasoning,maths, english

Q1. Tell me about regulators of india
Ans. 
Regulators in India oversee various sectors including finance, securities, telecommunications, and more.
• Securities and Exchange Board of India (SEBI) regulates the securities market

• Reserve Bank of India (RBI) regulates the banking sector

• Telecom Regulatory Authority of India (TRAI) regulates the telecommunications industry

• Insurance Regulatory and Development Authority of India (IRDAI) regulates the insurance sector
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Q1. About yourself?
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Q2. About your work experience
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Q3. Why you want to join them
Ans. 
I am drawn to your organization for its innovative approach, commitment to excellence, and opportunities for professional growth.
• Your company's reputation for innovation aligns with my passion for data analysis and problem-solving.

• I admire your commitment to sustainability and social responsibility, which resonates with my personal values.

• The opportunity to work with a diverse team of experts will enhance my skills and...read more
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It was more about combination of aptitude and communication skills

Q1. What is capital market What is bond What is debenture
Ans. 
Capital market is where long-term securities like stocks and bonds are bought and sold. Bonds are debt securities issued by corporations or governments. Debentures are unsecured bonds backed by the creditworthiness of the issuer.
• Capital market is a financial market where long-term securities like stocks and bonds are bought and sold

• Bonds are debt securities issued by corporations or governments to raise capital, with a...read more
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Quantitative & Logical reasoning

Q1. Introduce yourself
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Q2. Accounting Concepts
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Q3. Some logical questions
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Quants part was bit hard

Q1. Tell me about yourself
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Q1. What is derivatives
Ans. 
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives allow investors to take on risk or hedge against risk without owning the underlying asset.

• They are often used in financial markets to manage risk and leverage investmen
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Q2. What is capital market
Ans. 
Capital market is a financial market where individuals and institutions trade financial securities.
• Capital market is where long-term securities like stocks and bonds are bought and sold.

• It provides a platform for companies to raise capital by issuing stocks or bonds.

• Investors can buy and sell securities in the capital market to earn returns.

• Examples of capital market include stock exchanges like NYSE and NASDAQ.
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