IIFL Finance Deputy Manager Interview Questions and Answers

Q1. What is the meaning of open interest
Ans. 
Open interest refers to the total number of outstanding contracts in a futures or options market.
• Open interest is a measure of market activity and liquidity.

• It is calculated by adding up all the contracts that are currently open or outstanding.

• It can be used to gauge market sentiment and predict future price movements.

• For example, if open interest is increasing, it may indicate that more traders are entering the market...read more
Answered by AI
Add your answer

Q1. Past experience and knowledge in risk department
Add your answer
Q2. 1- What I have done 2- how you can contribute to us
Add your answer

Q1. Tell me about youself
Add your answer
Q2. Why you want to join our company
Add your answer

Q1. Tell me about your previous profile, roles and responsibility
Add your answer
Q2. How would you recommend any particular stock to a client
Ans. 
To recommend a stock to a client, I would analyze the client's investment goals, risk tolerance, and financial situation.
• Understand the client's investment goals and objectives

• Assess the client's risk tolerance

• Analyze the client's financial situation and investment horizon

• Conduct thorough research on the stock, including its fundamentals, performance, and market trends

• Consider the client's existing portfolio and divers...read more
Answered by AI
View 1 more answer
Q3. How would you convince the client for buying the stock
Ans. 
To convince the client to buy the stock, I would highlight the potential for growth, provide evidence of past performance, and address any concerns or objections.
• Emphasize the potential for growth and profitability of the stock

• Present evidence of the stock's past performance and success

• Address any concerns or objections the client may have

• Highlight any unique features or advantages of the stock

• Provide comparisons with ...read more
Answered by AI
Add your answer

Since it was a campus recruitment, they have conducted group discussion and topic was Merger of Banks.

Q1. Tell me about yourself
Add your answer
Q2. Basics of stock market like What is NSE, BSE, NIFTY 50, Equity & Derivatives Then few personal detail based questions
Add your answer
Q3. Why Kotak Securities
Ans. 
Kotak Securities is a leading financial services company with a strong reputation and commitment to customer satisfaction.
• Kotak Securities has a wide range of investment products and services to offer

• The company has a strong focus on customer satisfaction and provides excellent customer service

• Kotak Securities has a reputation for being a reliable and trustworthy financial services provider

• The company has a strong trac...read more
Answered by AI
Add your answer

Q1. Basic questions related to personal opinion based on politics What excites you about Kotak Securities Description of job and etc
Add your answer

Point out common ideas about the topic

Q1. Previous company experience
Add your answer
Q2. What is the experience in previous company
Add your answer

Q1. Good question related to work profile
Add your answer

Q1. Broking related
Add your answer