Great Eastern Money Financial Analyst Interview Questions and Answers

Q1. Tell me something about yourself
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Cognitive thinking analytical behavioural logical thinking and creativity and calculation

Q1. What is ifrs standard 15
Ans. 
IFRS 15 is a revenue recognition standard that outlines principles for recognizing revenue from contracts with customers.
• IFRS 15 provides a single, comprehensive framework for revenue recognition

• It specifies the criteria for recognizing revenue at an amount that reflects the consideration to which an entity expects to be entitled

• The standard also requires entities to disclose sufficient information to enable users to u...read more
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Q2. Do you know about us gaap to ifrs reconciliation
Ans. 
US GAAP to IFRS reconciliation involves aligning financial statements prepared under US GAAP with those prepared under IFRS.
• US GAAP and IFRS have different accounting standards and principles

• Reconciliation involves adjusting financial statements to ensure they comply with IFRS standards

• Differences in revenue recognition, lease accounting, and financial instruments are common areas requiring reconciliation
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IQ tests for testing the knowledge of the person those who are going to render any service may take up this test

To test the coding knowledge of the person to appoint him as cyber security manager

Any task must be given to test his/her performance

Giving any case related to financial operations

Q1. What is your interest
Ans. According to the mind of job seeker
Answered by Sanjeev R 22BCC0194
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Q2. Explain about lemon iced tea
Ans. 
Lemon iced tea is a refreshing beverage made by combining tea, lemon juice, sugar, and ice.
• Lemon iced tea is typically made by brewing tea, adding lemon juice for flavor, and sweetening with sugar or honey.

• It can be served over ice for a refreshing drink on a hot day.

• Some variations include adding mint leaves or other fruits for added flavor.

• Popular brands like Lipton and Arizona offer pre-made lemon iced tea in bottle...read more
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Q3. Explain about the game 'chess'
Ans. 
Chess is a strategic board game played between two players on a checkered board with 64 squares.
• Chess is a game of strategy and tactics where each player starts with 16 pieces: 1 king, 1 queen, 2 rooks, 2 knights, 2 bishops, and 8 pawns.

• The objective of the game is to checkmate the opponent's king, where the king is under immediate attack and there is no way to remove or defend it.

• Players take turns to move their piece...read more
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Q4. Say about your patience
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Q5. Your favourite song. Why that song is favourite to you
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Q6. Tell about your favourite song. Why that song is so favourite to you
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Q7. What is mean by financial management? Only short and sweet answer is ("optimal procurement and usage of finance")
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Basic Maths and reasoning

Q1. About myself and education and previous experience
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Q1. About banking regulatory
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Q1. Tell mẹ about Slef
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Q2. Why do You join this company
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Q3. Where did you in 5years your Self
Ans. 
In 5 years, I see myself as a senior financial analyst leading a team and making strategic financial decisions for the company.
• Continuing to develop my financial analysis skills through ongoing education and training

• Taking on more leadership responsibilities within the finance department

• Contributing to the company's growth and success through sound financial strategies

• Possibly pursuing a certification such as CFA or CP
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Q1. Are you Conftable this Job or Company
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Q2. Weeknees N Strength
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Q1. How To Old Age
Ans. 
Old age is a stage of life characterized by physical and mental decline, typically starting around age 65.
• Old age is typically defined as starting around age 65, but can vary based on individual health and genetics.

• Physical changes in old age may include decreased muscle mass, reduced bone density, and slower metabolism.

• Mental changes in old age may include memory loss, cognitive decline, and increased risk of dementia...read more
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Q2. Work for Your Experience
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Q1. Qualify Reality
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Q2. Why Do you Want to Join Other Company
Ans. 
I am seeking new challenges and opportunities for growth in a dynamic and innovative company.
• Seeking new challenges and opportunities for growth

• Interested in working in a dynamic and innovative environment

• Looking to expand my skill set and knowledge in a different company
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Russia ukraine war, fintech ,

Q1. 1)Diference between depreciation and amortization.3) what are derivatives.
Ans. 
Depreciation is the decrease in value of tangible assets over time, while amortization is the decrease in value of intangible assets over time. Derivatives are financial instruments that derive their value from an underlying asset.
• Depreciation applies to tangible assets like buildings, machinery, and vehicles, while amortization applies to intangible assets like patents, copyrights, and trademarks.

• Depreciation and amor...read more
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Q2. 2) why are prepaid expenses written in th assets side
Ans. 
Prepaid expenses are written in the assets side because they represent future economic benefits.
• Prepaid expenses are expenses that have been paid in advance but have not yet been incurred.

• They represent future economic benefits that the company will receive.

• As per the accounting equation, assets = liabilities + equity, prepaid expenses are recorded as assets.

• They are gradually expensed over time as they are incurred.
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Q1. It's a basic screening call questions about self introduction
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Q1. About self intro, about projects I did, & basic questions on certifications
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Q1. About job description, self intro, challenges i faced doing the projects and how i overcome it.
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