Idbi Asset Management Interview Questions and Answers

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'.

BRD stands for Business Requirements Document, while FRD stands for Functional Requirements Document. BRD focuses on high-level business objectives, while FRD details specific functionalities.

• BRD outlines the business problem and goals, while FRD specifies how the system will meet those goals.

• BRD is more focused on the 'what' of the project, while FRD is focused on the 'how'.

• BRD is typically created by business stakeho...read more

I believe the equity market is a dynamic and essential component of the financial system.

• The equity market provides a platform for companies to raise capital by selling shares to investors.

• Investors can buy and sell shares of publicly traded companies on stock exchanges.

• Market fluctuations can be influenced by various factors such as economic indicators, company performance, and geopolitical events.

A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, managed by a professional fund manager.

• Mutual funds pool money from multiple investors to invest in a diversified portfolio of securities

• They are managed by professional fund managers who make investment decisions on behalf of the investors

• The governing body of mutual funds is typically the Securities and Exch...read more