IndusInd Bank Customer Service Associate Interview Questions and Answers

Q1. Explain Black and Scholes model in detail
Ans. 
Black-Scholes model is a mathematical model used to calculate the theoretical price of European-style options.
• Developed by Fischer Black, Myron Scholes, and Robert Merton in 1973

• Assumes stock prices follow a lognormal distribution

• Factors in the option's strike price, time to expiration, risk-free interest rate, and volatility of the underlying asset

• Helps in determining the fair value of options and other derivatives

• Use...read more
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Q1. Read about what is coupling
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Q2. What are load balancing techniques
Ans. 
Load balancing techniques distribute incoming network traffic across multiple servers to ensure no single server is overwhelmed.
• Round Robin: Distributes requests evenly among servers in a circular manner.

• Least Connections: Sends requests to the server with the fewest active connections.

• IP Hash: Uses a hash of the client's IP address to determine which server to send the request to.

• Weighted Round Robin: Assigns a weight...read more
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Q3. Design a trading system
Ans. 
Design a trading system for buying and selling stocks
• Define the criteria for selecting stocks to buy/sell

• Implement risk management strategies to protect against losses

• Set up automated trading algorithms to execute trades based on predefined rules

• Monitor market trends and adjust trading strategies accordingly
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Q4. Optimise database read
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Q5. Design high volume data intensive applications
Ans. 
Designing high volume data intensive applications involves optimizing data storage, retrieval, and processing for large amounts of data.
• Utilize distributed computing frameworks like Hadoop or Spark for processing large datasets

• Implement data partitioning and sharding to distribute data across multiple servers for scalability

• Use caching mechanisms to reduce latency in data retrieval

• Optimize database queries and indexes ...read more
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Q1. Question about big data and big query
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Q2. Question about pyspark
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Q1. Salary expectation & why you want to join db ?
Ans. 
I am looking for a competitive salary that reflects my experience and skills. I want to join db because of its reputation for innovation and growth opportunities.
• I am seeking a salary that aligns with my level of experience and expertise in the industry.

• I believe db offers a dynamic and innovative work environment that will allow me to grow and develop professionally.

• I am attracted to db's reputation as a leader in the...read more
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It was nice test about the financial terms And Details

Q1. It was all about questions for Unix and SQL
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Q2. It was asked for the financial terms And concepts as well
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Logical reasoning permutations combination general knowledge and Writing Skills.

Any current tropics in india.

Q1. General introduction with questions Related to your studies, which is critical to recall and typing speed test.
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Q1. They tried to reject as worst manager will make you down and leave the room on lowest payroll.
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Q2. Introduction round
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Q3. If hired then at very low wage rate as per Gurugram wage rate
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Q4. Only they will convince you to join other organisations. Means they will reject you. If convincing power is more you will be in.
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