IDS Technologies Interview Questions and Answers

Q1. Tell me about a time where you have to raise against management
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Q2. Tell me about a time where you have to go through a change in company
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Q1. Tell me about a time where you were not able to meet upto mark
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Q2. Tell me about a time where you have to say against your manager
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Q1. Walk me through your resume. About insurance process what is policy life cycle.
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Q2. Tell me about your previous role.
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I was responsible for analyzing and improving processes to increase efficiency and productivity.
• Led process improvement initiatives to streamline operations

• Identified bottlenecks and implemented solutions to optimize workflows

• Collaborated with cross-functional teams to gather data and feedback

• Utilized data analysis tools to track performance metrics

• Developed and implemented process documentation and training materials
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Q1. Asked about Gallagher.
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Q2. What do you know about Gallagher.
Ans. 
Gallagher is a global insurance brokerage, risk management, and consulting firm.
• Founded in 1927 by Arthur J. Gallagher

• Headquartered in Rolling Meadows, Illinois

• Provides insurance, risk management, and consulting services globally

• Offers services in areas such as commercial insurance, employee benefits, and personal insurance

• Has a strong focus on client relationships and personalized service
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Q1. Situation based questions were asked.
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Q2. How would you built the trust with the stakeholders
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Building trust with stakeholders involves open communication, transparency, and delivering on commitments.
• Establish open lines of communication with stakeholders to address concerns and provide updates

• Be transparent about project progress, challenges, and decisions

• Deliver on commitments and follow through on promises to build credibility

• Seek feedback from stakeholders and incorporate their input into decision-making pr...read more
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Q1. It was more related to my projects
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Q2. Asked questions on PCA,KNN and Elbow method .
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Q1. Asked SVM and Logistic regression, their applications and real life uses
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Q2. Matrix formation of a knockout Tournament
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Q1. Self introduction
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Q2. Any work experience
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Yes, I have 3 years of work experience as an auditor in a reputable firm.
• Worked as an auditor for 3 years in XYZ firm

• Conducted audits on various financial statements

• Prepared audit reports and communicated findings to management
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Q3. Own Topics and family trip friend trip
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Q4. Any skill in computer knowledge
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Proficiency in computer knowledge is essential for a Concurrent Auditor.
• Strong understanding of accounting software and tools

• Ability to analyze data using spreadsheets and databases

• Knowledge of cybersecurity measures to protect sensitive information

• Familiarity with audit software for efficient auditing processes
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Q5. Any experience in excel ms world
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Q1. What are the assumptions of Linear Regression?
Ans. 
Assumptions of Linear Regression
• Linearity: The relationship between the independent and dependent variables is linear.

• Independence: The residuals are independent of each other.

• Homoscedasticity: The variance of residuals is constant across all levels of the independent variables.

• Normality: The residuals are normally distributed.

• No multicollinearity: The independent variables are not highly correlated with each other.
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Q2. How to evaluate your machine learning model?
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Evaluate machine learning model by analyzing metrics like accuracy, precision, recall, F1 score, ROC curve, and confusion matrix.
• Calculate accuracy to measure overall performance of the model.

• Use precision to evaluate the proportion of true positive predictions among all positive predictions.

• Consider recall to assess the proportion of true positive predictions among all actual positives.

• Calculate F1 score as a balance ...read more
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Q1. What is R-Squared and Adjusted R Squared? Also brief about the difference?
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Q2. Interpret the coefficients of Linear Regression and Binomial Logistic Regression?
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Q1. Java difference between Finally, Finalize
Ans. 
Finally is a block of code that always executes, while Finalize is a method used for cleanup before an object is garbage collected.
• Finally block is used in exception handling to ensure certain code is always executed, regardless of whether an exception is thrown or not.

• Finalize method is called by the garbage collector before an object is reclaimed.

• Finally block is used in try-catch-finally blocks, while Finalize metho...read more
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Q2. Programming question - Find second largest string from a given sentence
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Find the second largest string from a given sentence
• Split the sentence into an array of strings

• Sort the array based on string length

• Return the second last element in the sorted array
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Q3. Difference between AWS cloud front and cloud formation
Ans. 
AWS CloudFront is a content delivery network (CDN) service, while AWS CloudFormation is an infrastructure as code service.
• CloudFront is used to deliver content to end users with low latency and high data transfer speeds.

• CloudFormation is used to automate the deployment of infrastructure resources in a repeatable and predictable manner.

• CloudFront is a CDN service that caches content at edge locations to reduce latency, ...read more
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Q4. How to improve performance in react js ?
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To improve performance in React JS, optimize rendering, minimize re-renders, use virtualization, lazy loading, code splitting, and memoization.
• Optimize rendering by using shouldComponentUpdate or React.memo for functional components

• Minimize re-renders by using PureComponent or memoization techniques like useMemo or useCallback

• Use virtualization for long lists or tables to render only the visible items

• Implement lazy loa...read more
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Q1. Wht is the life insurance
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Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured's death.
• Life insurance provides financial protection for loved ones in the event of the insured's death.

• Premiums are paid regularly to maintain coverage.

• There are different types of life insurance policies such as term life, whole life, and universal life.

• The payout from a life insurance policy can be used to cover ...read more
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Q2. What is recruitment process
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Q1. Why important life insurance
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Q2. Wht is education plans
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Education plans are financial products designed to help individuals save and invest for future education expenses.
• Education plans typically involve regular contributions to a savings or investment account.

• The funds can be used for tuition, books, fees, and other education-related expenses.

• Some education plans offer tax advantages or incentives to encourage saving for education.

• Examples of education plans include 529 pl...read more
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