FinIQ Consulting Management Trainee Interview Questions and Answers

Q1. What are your salary expectations?
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Q2. Share details of your previous job.
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Q3. Why are you looking for a change?
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Q4. Tell me about yourself.
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Q1. What are Funds ?
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Funds are pools of money collected from investors and managed by professionals to achieve specific investment objectives.
• Funds can be mutual funds, exchange-traded funds (ETFs), hedge funds, or private equity funds.

• Investors buy shares in the fund and the money is pooled together to invest in a diversified portfolio of assets.

• Fund managers make investment decisions on behalf of the investors and charge a fee for their ...read more
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Q2. How to Calculate NAV ?
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NAV is calculated by subtracting liabilities from assets and dividing by total outstanding shares.
• Calculate the total value of assets held by the fund

• Subtract the total value of liabilities from the total value of assets

• Divide the result by the total number of outstanding shares

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

• Example: If a fund has $10 million in assets, $2 million in liabilities, and...read more
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Q3. Difference between mutual fund & hedge funds & its advantages & disadvantages ?
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Mutual funds are for retail investors while hedge funds are for high net worth individuals. Hedge funds have more flexibility but higher fees.
• Mutual funds are regulated by the SEC while hedge funds are not.

• Mutual funds are open to all investors while hedge funds are only open to accredited investors.

• Mutual funds have lower fees and are more transparent while hedge funds have higher fees and are less transparent.

• Mutual ...read more
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Q4. Components of NAV ?
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NAV stands for Net Asset Value and its components include assets, liabilities, and shares outstanding.
• Assets include investments, cash, and other holdings.

• Liabilities include debts and other obligations.

• Shares outstanding refer to the total number of shares issued by the fund.

• NAV is calculated by subtracting liabilities from assets and dividing by shares outstanding.

• NAV is used to determine the value of a mutual fund o
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Q1. Why are you looking for a change?
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Q1. How you will handle critical situation in the project
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Q1. Introduce about self
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I am a highly motivated and detail-oriented analyst with a strong background in data analysis and problem-solving.
• Strong background in data analysis

• Highly motivated and detail-oriented

• Skilled in problem-solving

• Experience with various analytical tools such as Excel, SQL, and Tableau
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Q2. Question relating to accounts
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Q1. Regarding Ind AS 116 standard and accrual entries accounting.
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Q1. IFRS standard questiind and overall experience discussion.
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Q1. Good and food edxperieokslms
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Q1. Basic background detail and resume check
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Q1. All about work experience earlier and knowledge about process I already worked in
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Q1. Senior Manager taking deep analysis in my work related knowledge and how I'm fit for this job profile . you should have basic knowledge about capital and financial market.
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Q1. How to tune the stored Procedure
Ans. 
Tuning stored procedures involves optimizing query performance by analyzing execution plans and indexing.
• Analyze execution plans to identify bottlenecks

• Use appropriate indexing to improve query performance

• Avoid using cursors and temporary tables

• Minimize network traffic by reducing data transfer

• Use parameterized queries to avoid SQL injection attacks
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Q2. Re compile the Stored procedure and update the statistics
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Recompiling stored procedures and updating statistics improves query performance.
• Recompiling stored procedures can help optimize execution plans.

• Updating statistics ensures the query optimizer has accurate information about the data.

• Both actions can improve query performance.

• Example: EXEC sp_recompile 'myStoredProc'; UPDATE STATISTICS myTable;
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