Everest Spices Interview Questions and Answers

To identify the fake or original application, we can compare the details provided in both applications and verify them with the actual Cibil report.

• Compare personal details like name, address, phone number, email address, etc.

• Check if the income and employment details match in both applications.

• Verify the credit history and credit score mentioned in both applications.

• Look for any discrepancies or inconsistencies in the information provided.

• If needed, conduct further investiga...read more

Different types of swaps include interest rate swaps, currency swaps, and commodity swaps.

• Interest rate swaps involve exchanging fixed and floating interest rate payments based on a notional amount.

• Currency swaps involve exchanging principal and interest payments in different currencies.

• Commodity swaps involve exchanging cash flows based on the price of a commodity.

• Example: A company with a variable rate loan can enter into an interest rate swap to exchange the variable rate ...read more

An option is a contract that gives the buyer the right, but not the obligation, to buy or sell an underlying asset at a specific price.

• The buyer of an option pays a premium to the seller for the right to buy or sell the underlying asset at a specific price.

• The seller of an option is obligated to sell or buy the underlying asset at the specified price if the buyer chooses to exercise their option.

• Options can be used for hedging or speculation.

• Examples of underlying assets incl...read more

VAR stands for Value at Risk. It is a statistical measure used to estimate the potential loss in an investment portfolio.

• VAR is used to determine the maximum potential loss that an investment portfolio may incur over a given time period.

• It is calculated by analyzing the historical data of the portfolio and estimating the worst-case scenario loss.

• VAR is often used by risk analysts to set risk limits and determine the amount of capital required to cover potential losses.

• For exa...read more

One type of fixed income is bonds

• Bonds are debt securities issued by companies or governments to raise capital

• They pay a fixed interest rate to the bondholder

• Bonds have a maturity date when the principal is repaid to the bondholder

• Examples include Treasury bonds, corporate bonds, municipal bonds