HCLTech Business Analyst Interview Questions and Answers

Cash inflow is the money coming into a business, while cash outflow is the money going out of a business.

• Cash inflow includes revenue from sales, investments, loans, etc.

• Cash outflow includes expenses like salaries, rent, utilities, etc.

• Positive cash flow occurs when inflow exceeds outflow, and negative cash flow occurs when outflow exceeds inflow.

SQL UNION combines results from multiple queries, while UNION ALL includes duplicates.

• UNION removes duplicate records from the result set.

• UNION ALL includes all records, even duplicates.

• Example of UNION: SELECT column1 FROM table1 UNION SELECT column1 FROM table2;

• Example of UNION ALL: SELECT column1 FROM table1 UNION ALL SELECT column1 FROM table2;

• Use UNION when you want distinct results; use UNION ALL for perform...read more

Derivatives are financial contracts that derive their value from an underlying asset or security.

• Derivatives can be used for hedging or speculation.

• Examples include futures, options, swaps, and forwards.

• Derivatives can be traded on exchanges or over-the-counter.

• Derivatives can be complex and carry significant risk.

• Derivatives played a role in the 2008 financial crisis.

BI tools are software applications used to analyze and visualize data to help businesses make informed decisions.

• BI tools can extract data from various sources and transform it into meaningful insights.

• They can create interactive dashboards and reports to present data in a user-friendly way.

• Examples of BI tools include Tableau, Power BI, and QlikView.

• BI tools can help businesses identify trends, patterns, and oppo...read more

Prioritise features based on business value, user needs, technical feasibility and effort required.

• Identify business value of each feature

• Understand user needs and preferences

• Assess technical feasibility and effort required

• Consider dependencies and impact on other features

• Use a prioritisation matrix or scoring system

• Regularly review and adjust priorities based on feedback and changing circumstances

Derivatives are financial instruments whose value is derived from an underlying asset or security.

• Futures contracts

• Options contracts

• Swaps

• Forwards contracts

• Credit derivatives

• Interest rate derivatives

• Currency derivatives

• Commodity derivatives