10+ Uplers Interview Questions and Answers

TER stands for Total Expense Ratio and is the annual fee charged by mutual fund schemes to manage investors' money.

• TER includes all the expenses incurred by the fund house such as management fees, administrative expenses, marketing expenses, etc.

• A lower TER indicates a more cost-effective fund.

• For example, if a mutual fund scheme has a TER of 1%, it means that the fund house charges 1% of the total assets under management as fees.

• TER can be found in the scheme's offer documen...read more

I am proficient in programming languages such as SQL, DAX, Python, and R.

• SQL

• DAX

• Python

• R

NAV is calculated by dividing the total value of a fund's assets by the number of outstanding shares.

• NAV stands for Net Asset Value

• It is calculated daily for mutual funds and exchange-traded funds (ETFs)

• NAV is calculated by subtracting the fund's liabilities from its assets and dividing the result by the number of outstanding shares

• For example, if a fund has $100 million in assets and 10 million outstanding shares, the NAV would be $10 per share

Trade fails can lead to financial losses, operational disruptions, and reputational damage.

• Financial losses due to failed trades not settling as expected

• Operational disruptions caused by failed trades needing to be rectified

• Reputational damage from clients or counterparties due to failed trades

• Increased regulatory scrutiny and potential fines for failed trades

• Loss of trust and credibility in the market due to repeated trade failures

Joins are used to combine rows from two or more tables based on a related column between them.

• Inner join returns only the rows that have matching values in both tables

• Left join returns all the rows from the left table and the matched rows from the right table

• Inner join is more restrictive as it requires a match in both tables, while left join is less restrictive

• Example: SELECT * FROM table1 INNER JOIN table2 ON table1.id = table2.id

• Example: SELECT * FROM table1 LEFT JOIN tabl...read more

Our production deployment process involves thorough testing, version control, and collaboration with stakeholders.

• Create a deployment plan outlining steps and timelines

• Test changes in a staging environment before deploying to production

• Use version control to track changes and rollback if necessary

• Collaborate with stakeholders to ensure smooth deployment process

एक कुर्सी बेचें

• प्रभावी तरीके से उनको बताएं कि यह कुर्सी क्यों खरीदनी चाहिए

• कुर्सी की उनकी आवश्यकताओं और पसंदों के बारे में पूछें

• कुर्सी की विशेषताओं और उसके लाभों को उजागर करें

The role of internal audit is to provide independent assurance that an organization's risk management, governance, and internal control processes are operating effectively.

• Evaluating the effectiveness of risk management processes

• Assessing the adequacy of internal controls

• Ensuring compliance with laws and regulations

• Providing recommendations for improvement

• Reporting findings to management and the board of directors

Trades impact NAV by changing the value of assets held in the fund, leading to fluctuations in the fund's overall value.

• Trades involve buying or selling securities within the fund's portfolio

• The value of these securities directly impacts the fund's Net Asset Value (NAV)

• Positive trades (buying low, selling high) can increase NAV, while negative trades can decrease NAV

• NAV is calculated by dividing the total value of the fund's assets by the number of outstanding shares

BRD stands for Business Requirements Document and FRD stands for Functional Requirements Document.

• BRD outlines the business solution for a project, including the business problem, objectives, and proposed solution.

• FRD details the functional requirements of a project, specifying what the system must do.

• BRD focuses on the 'what' of a project, while FRD focuses on the 'how'.