IDFC Mutual Fund Internship Trainee Interview Questions and Answers

Q1. How do you manage conflicts in team
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Q1. I was asked medium level leetcode questions. So if you have good command and can do basic-medium questions, then you are good to go.
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Q1. Incase one farmer will take loan with their property proofs and it will possible to take loan again with same property proofs
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Q2. One person have 10 lakhs property they need 10 lakhs money argently so bank will give that money or not
Ans. No why because bank will give half money I mean that property value 10 lakhs so bank will give 5 or 6 lakhs
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Q1. What is policy manager
Ans. 
Policy manager is a software tool used to centrally manage and enforce policies across an organization's systems and applications.
• Policy manager helps define, monitor, and enforce policies related to security, compliance, access control, and other governance aspects.

• It allows administrators to set rules and regulations that govern how data and resources are accessed and used within an organization.

• Policy manager can au...read more
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Testing your basic accounting skills

Q1. Face to face tech round
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Q1. With the VP/HOD a normal one o one
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Basic Logical reasoning test and financial concepts know how.

Q1. What is beta in DCF?
Ans. 
Beta in DCF is a measure of a stock's volatility in relation to the overall market.
• Beta is a numerical value that measures the volatility of a stock compared to the market as a whole.

• A beta of 1 indicates that the stock's price will move with the market.

• A beta greater than 1 indicates the stock is more volatile than the market, while a beta less than 1 indicates the stock is less volatile.

• For example, a stock with a be...read more
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Q2. How does decreasing depreciation effect all three financial statements?
Ans. 
Decreasing depreciation impacts all three financial statements differently.
• Income statement: Decreasing depreciation will result in higher net income as expenses are reduced.

• Balance sheet: Decreasing depreciation will lead to higher total assets and equity due to lower accumulated depreciation.

• Cash flow statement: Decreasing depreciation will increase cash flow from operations as net income increases.

• Example: If deprec...read more
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General Apti Test with easy quants, logical and verbal questions. Last section had finance question

Q1. Tell me about yourself
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Q2. General Accounting questions
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Q3. Guestimate Questions
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Q4. About Work Experience
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