D-TECH POINT Interview Questions and Answers

AML KYC stands for Anti-Money Laundering Know Your Customer. It is a process to verify the identity of clients and prevent money laundering.

• AML KYC is a regulatory requirement for financial institutions to prevent money laundering and terrorist financing.

• It involves verifying the identity of clients, assessing their risk level, and monitoring their transactions.

• Examples of AML KYC measures include customer due diligence, enhanced due diligence, and transaction monitoring.

• AML ...read more

Accounts payable is the amount of money a company owes to its suppliers for goods or services purchased on credit.

• Accounts payable is a liability on the balance sheet

• It represents the amount a company owes to its suppliers for goods or services received

• Accounts payable is typically short-term debt that must be paid within a certain period of time

• Failure to pay accounts payable on time can result in penalties or strained supplier relationships

AML KYC refers to Anti-Money Laundering and Know Your Customer regulations that financial institutions must comply with.

• AML KYC regulations are designed to prevent money laundering and terrorist financing.

• Financial institutions must verify the identity of their customers and monitor their transactions for suspicious activity.

• Examples of AML KYC measures include customer due diligence, transaction monitoring, and reporting suspicious activity to authorities.

• Non-compliance with...read more

A mutual fund is a type of investment vehicle consisting of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

• Mutual funds are managed by professional fund managers who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors.

• Investors in a mutual fund own shares of the fund, which represent a portion of the holdings of the fund.

• Mu...read more

Derivatives type of marketing involves creating new financial products based on existing assets.

• Derivatives marketing involves creating new financial products based on underlying assets such as stocks, bonds, commodities, or currencies.

• These products can include options, futures, swaps, and other complex financial instruments.

• Derivatives marketing requires a deep understanding of financial markets, risk management, and regulatory requirements.

• Examples of derivatives marketing...read more

Trade settlement type refers to the method by which a trade is executed and the securities are transferred between parties.

• Trade settlement can be either cash settlement or physical delivery settlement.

• Cash settlement involves the transfer of cash between parties to settle the trade.

• Physical delivery settlement involves the actual transfer of securities from seller to buyer.

• Different financial instruments may have different settlement types, such as T+2 for stocks.

• Settlement ...read more