JPMorgan Chase & Co. Operations Interview Questions and Answers

Q1. What do you mean by operations
Ans. 
Operations refer to the processes and activities involved in the day-to-day functioning of a business or organization.
• Operations involve the management of resources, such as people, materials, and equipment, to produce goods or services.

• It includes activities such as production, inventory management, quality control, and logistics.

• Efficient operations are essential for the success of a business, as they can help reduce...read more
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Q2. Which subject was your favourite
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Q3. How did you manage customers in your previous role
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Q1. Tell me about yourself. Where are you from?
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Q2. How has the format of balance sheet changed?
Ans. 
The format of balance sheet has not changed much over the years.
• The basic structure of balance sheet remains the same with assets on one side and liabilities and equity on the other.

• However, there have been some changes in the presentation and disclosure requirements.

• For example, companies are now required to disclose more information about their assets and liabilities, such as fair value measurements and off-balance s...read more
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Q3. What do you think about the economic slowdown? Factors and solutions.
Ans. 
The economic slowdown is a complex issue with multiple factors and requires a multi-pronged approach for solutions.
• Factors include global trade tensions, political instability, and technological disruptions.

• Solutions may involve government intervention through fiscal and monetary policies, investment in infrastructure, and support for small businesses.

• Private sector initiatives such as innovation and diversification ca...read more
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Q4. What are 2 steps you would take as the Finance Minister?
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Q5. Impacts of corporate tax cut.
Ans. 
Corporate tax cut can have positive impacts on business operations.
• Lower tax rates can increase profits and cash flow, allowing for reinvestment in operations.

• Reduced tax burden can also lead to increased hiring and expansion.

• However, the long-term effects on the economy and government revenue must be considered.

• Example: In 2017, the US corporate tax rate was reduced from 35% to 21%, leading to increased investment and...read more
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Q6. CV based questions.
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Q7. How do you feel about operations and technology?
Ans. 
I am passionate about operations and technology and believe they go hand in hand.
• I believe that technology can greatly enhance and streamline operations processes.

• I enjoy staying up to date with the latest technological advancements and finding ways to incorporate them into operations.

• I understand the importance of balancing technology with human interaction and communication.

• For example, implementing a new inventory m...read more
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Q8. Why do you want to join Citi?
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