IIFL Finance Senior Accounts Executive Interview Questions and Answers

Derivatives are financial contracts that derive their value from an underlying asset or security.

• Derivatives can be used for hedging or speculation.

• Examples of derivatives include futures, options, and swaps.

• Derivatives can be traded on exchanges or over-the-counter.

• Derivatives can be complex and carry significant risk.

• Derivatives played a role in the 2008 financial crisis.

The market cap of Indian stock market is constantly changing based on the performance of the companies listed on the stock exchange.

• Market cap is the total value of all the shares of companies listed on the stock exchange

• It is calculated by multiplying the total number of outstanding shares by the current market price of each share

• As of August 2021, the market cap of Indian stock market is around $3.2 trillion

• The marke...read more

Yes, I have knowledge of demat account opening.

• I am familiar with the process of opening a demat account.

• I understand the documentation required for demat account opening.

• I am aware of the benefits and features of a demat account.

• I have experience in assisting customers with demat account opening.

• I can explain the demat account opening process to potential customers.