Indus Novateur Interview Questions and Answers

Underwriting. Personal Information

What is your full name, Social Security Number, and date of birth?

Are you a U.S. citizen or permanent resident?


Why they ask: To verify your identity and eligibility for a mortgage.

2. Income and Employment

What is your annual income?

Are you employed, self-employed, or retired?

How long have you been at your current job?


Why they ask: To ensure you have a steady income to repay the loan.

3. Credit History

What is your credit score?

Do you have any outstanding loans, credit card debt, or missed payments?

Have you ever declared bankruptcy or had a foreclosure?


Why they ask: To assess your ability and reliability to repay the loan.

4. Assets and Savings

How much money do you have in savings, investments, or retirement accounts?

Do you own any other properties or assets?


Why they ask: To confirm you have enough funds for a down payment, closing costs, and emergency reserves.

5. Property Details

What is the purchase price of the home?

Are you buying a primary residence, second home, or investment property?

What is the home’s address and type (e.g., single-family, condo)?


Why they ask: To evaluate the value and purpose of the property as collateral for the loan.

6. Debts and Expenses

What are your monthly expenses, including rent, utilities, and other bills?

Do you owe child support or alimony?


Why they ask: To calculate your debt-to-income (DTI) ratio and ensure you can afford the mortgage payments.

7. Down Payment

How much are you planning to put down as a down payment?

Are the funds coming from your savings or a gift?


Why they ask: To verify you have a sufficient down payment and its source is legitimate.

8. Insurance and Taxes

Do you have homeowners insurance lined up?

Are you aware of the property taxes in the area?

Q1. Previous Employment
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Q1. Golden rules of accounting
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Q2. What is Derivatives
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Q1. Golden rules of accounting
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Q2. What is Derivatives
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Q3. What is BRS
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Q4. What is Bond
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Q5. What is Investment Banking
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Q6. About Northern Trust
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Q1. Implement search in binary tree
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Q2. Previous work experience
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Q1. Why are switching
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Q2. What is Netflix OSS
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Q1. Questions related to backend and AWS.
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Q1. Question related to front end and database.
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Round 1 was aptitude round, it consisted of java and c++ snippets and we had to guess the output. Apart from that there were problems on speed, velocity, distance and time. Problems on word-letter patterns were also asked. The aptitude round had 30 questions and time given was 30 minutes.

Aptitude round was the only elimination round. The next following 4 rounds were non-elimination rounds. Coding test included 3 questions - 1 and half hour was given to solve the same. It is fine if you don't perform well here, since it is a non-elimination round. But try to solve 1 and half or 2 questions atleast. The questions were mainly based on 1d arrays, 2D arrays, strings and string arrays.

Q1. Introduce yourself.
Ans. 
I am a recent graduate with a degree in engineering, eager to learn and grow in the field.
• Recent graduate with a degree in engineering

• Passionate about learning and growing in the field

• Eager to apply theoretical knowledge to practical projects
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Q2. Difference between Structure and object oriented languages
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Structure languages focus on procedures and functions, while object-oriented languages focus on objects and classes.
• Structure languages use functions and procedures to manipulate data

• Object-oriented languages use objects and classes to encapsulate data and behavior

• Structure languages are more procedural in nature, while object-oriented languages are more modular and reusable

• Examples of structure languages include C and...read more
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Q3. Explain of OOPS concepts and their real life examples.
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OOPS concepts are fundamental to object-oriented programming and include inheritance, encapsulation, polymorphism, and abstraction.
• Inheritance: A child class inherits properties and behaviors from a parent class. Example: Animal class can be a parent class with child classes like Dog and Cat inheriting its attributes.

• Encapsulation: Bundling data and methods that operate on the data into a single unit. Example: A car ob...read more
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Q4. What is static keyword and it's usage.
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The static keyword in programming is used to declare variables, functions, or classes that retain their values or state throughout the program's execution.
• Static variables retain their values between function calls

• Static functions can only be accessed within the same file

• Static classes cannot be instantiated and have limited visibility

• Static keyword can also be used in C++ to declare class members shared among all inst
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Q5. System architecture diagram for web application project.
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The system architecture diagram for a web application project visually represents the components and their interactions.
• Include components like client-side interface, server-side application, database, and external services

• Show how these components communicate with each other

• Consider scalability, security, and performance in the design

• Use standard symbols and notations for clarity
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Q6. Access Modifiers in java
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Access modifiers in Java control the visibility of classes, methods, and variables.
• There are four types of access modifiers in Java: public, private, protected, and default.

• Public: accessible from any other class.

• Private: only accessible within the same class.

• Protected: accessible within the same package and subclasses.

• Default: accessible only within the same package.

• Example: public class MyClass { private int myVar; p
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Q7. What OOPS concepts are implemented in my project
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Encapsulation, Inheritance, Polymorphism, Abstraction
• Encapsulation: Data hiding and bundling of data with methods. Example: Using private variables and public methods.

• Inheritance: Reusing code and creating a hierarchy of classes. Example: Subclass inheriting properties and methods from a superclass.

• Polymorphism: Ability to present the same interface for different data types. Example: Method overloading and overriding.

• A...read more
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Q8. DBMS core concepts
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Q9. Overloading and Overriding
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Q10. Approach to the coding questions asked in coding round.
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Q11. Questions on what is cloud and what are some cloud platforms you know?
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A project is assigned to a group of students and we need to come up with an idea on how to implement that project as a team.

Q1. Introduce yourself
Ans. 
I am a recent graduate with a degree in engineering, eager to learn and grow in the field.
• Recent graduate with a degree in engineering

• Passionate about learning and growing in the field

• Eager to apply theoretical knowledge to practical projects
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Q2. Family background
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The group discussion was conducted on the basic topic of "Education System in India." After announcing the topic, the HR provided three minutes for preparation, during which participants were allowed to take notes. Subsequently, each person spoke about the topic for 30 seconds. Following the individual presentations, a three-minute discussion took place among the members.

Q1. What is meant by securities?
Ans. 
Securities are financial instruments that represent ownership or debt in a company or government entity.
• Securities can include stocks, bonds, options, and futures.

• They are bought and sold on financial markets.

• Investors purchase securities as a way to potentially earn a return on their investment.

• Securities can be issued by corporations, governments, or other organizations.

• They provide investors with the opportunity to ...read more
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Q2. What is meant by the repo rate and reverse repo rate?
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Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which the central bank borrows money from commercial banks.
• Repo rate is used by the central bank to control inflation and money supply in the economy.

• Reverse repo rate is used to absorb excess liquidity from the market.

• Changes in repo rate and reverse repo rate influence the interest rates in the econ...read more
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Q3. What is the difference between stocks and mutual funds?
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Stocks represent ownership in a single company, while mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.
• Stocks represent ownership in a single company, giving investors the potential for high returns but also higher risk.

• Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities, redu...read more
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Q4. Can you provide an introduction about yourself and share details about your family background?
Ans. 
I am a Relationship Manager with a strong background in finance and customer service. My family is supportive and close-knit.
• Experienced Relationship Manager in finance industry

• Skilled in customer service and building client relationships

• Close-knit and supportive family background
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Basic qsns and answers and personality test

Q1. Family background question
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Q2. My hobbies and other things
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Q3. Discussion on family
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Q4. Work and course related
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Q5. Fresher so basic questions
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Q1. Work experience and relevance of your resume for Amex
Ans. 
My work experience includes roles in financial services and consulting, providing me with relevant skills for Amex.
• I have worked in financial services for 5+ years, including roles at a major bank and a fintech startup.

• I have experience in consulting, where I worked on projects related to financial analysis and strategy development.

• My resume highlights my expertise in financial modeling, data analysis, and client relat...read more
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Q2. Why change to Amex? What attracted you the most about Amex?
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I changed to Amex for its reputation for innovation, strong company culture, and opportunities for growth.
• Reputation for innovation in the financial industry

• Strong company culture focused on employee development and diversity

• Opportunities for career growth and advancement within the company
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Q3. Technology questions such as how API works and your experience in working with data?
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Q4. How you used data management and analytics in your last role?
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I utilized data management and analytics to track project progress, identify trends, and make data-driven decisions.
• Implemented data management systems to organize and store project data efficiently

• Utilized analytics tools to analyze project performance and identify areas for improvement

• Generated reports and dashboards to track key metrics and communicate findings to stakeholders

• Used data insights to make informed deci
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Q5. How you can make business decisions from data in your last role?
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I used data analysis tools to identify trends, patterns, and correlations to inform strategic business decisions.
• Utilized data visualization tools to present key findings to stakeholders

• Conducted regression analysis to predict future outcomes based on historical data

• Collaborated with cross-functional teams to gather and analyze data from multiple sources
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Q6. How you solved any disagreement with your boss in last role?
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I always approach disagreements with a focus on finding common ground and maintaining open communication.
• Listen actively to understand the boss's perspective

• Express my own perspective calmly and respectfully

• Seek a compromise or solution that benefits both parties

• Follow up to ensure the issue is fully resolved
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Q7. How will you approach different teams with requirements as a product manager?
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I will approach different teams with requirements by understanding their unique needs, building relationships, and communicating effectively.
• Understand the goals and priorities of each team to tailor requirements accordingly

• Build relationships with key stakeholders to gain buy-in and support

• Communicate clearly and regularly to ensure alignment and address any concerns

• Collaborate with cross-functional teams to ensure al
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Q1. Logical Questions - Check out Geeks for Geeks Puzzles and memorise them all or atleast understand logic for each
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Q2. 3 ants around a triangle problem
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Q3. Find top 3 horses from 25 horses set
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To find the top 3 horses from a set of 25 horses, we can sort them based on their performance or rankings.
• Sort the horses based on their performance or rankings

• Select the top 3 horses from the sorted list

• Consider factors like speed, endurance, and previous race results
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Q4. How will you approach conflicts at workplace?
Ans. 
I approach conflicts at workplace by actively listening, understanding all perspectives, and finding a mutually beneficial solution.
• Actively listen to all parties involved in the conflict

• Seek to understand the root cause of the conflict

• Encourage open communication and dialogue

• Find a mutually beneficial solution that addresses the concerns of all parties

• Mediate if necessary to facilitate resolution
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Q1. Behavioural questions
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Q2. How will you manage work life balance?
Ans. 
I prioritize tasks, set boundaries, delegate when necessary, and make time for self-care.
• Prioritize tasks based on deadlines and importance

• Set boundaries by establishing work hours and sticking to them

• Delegate tasks to team members when overwhelmed

• Schedule time for self-care activities like exercise, hobbies, and relaxation

• Communicate with supervisors and colleagues about workload and availability
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Q3. What are the 3 pillars of data management?
Ans. 
The 3 pillars of data management are data quality, data governance, and data security.
• Data quality ensures that data is accurate, complete, and reliable.

• Data governance involves establishing policies and procedures for managing data assets.

• Data security focuses on protecting data from unauthorized access or breaches.
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Q4. How will you solve disputes and disagreements with your manager?
Ans. 
I will approach disputes with my manager by actively listening, seeking common ground, and proposing solutions collaboratively.
• Actively listen to my manager's perspective and concerns

• Seek common ground and areas of agreement

• Propose solutions collaboratively, considering both perspectives

• Maintain professionalism and respect throughout the discussion

• Seek feedback and learn from the experience to prevent future conflicts
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