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Kotak Mahindra Bank Account Assistant Interview Questions and Answers
Kotak Mahindra Bank Account Assistant Interview Experiences
3 interviews found
Anonymous
Selected
I applied via AmbitionBox and was interviewed in Jan 2024. There were 2 interview rounds.
The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:
Rs. 400
Rs. 360
Rs. 480
Rs. 320
What is a balance sheet
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- Yes (Summer internship project)
Selected
Hi Arvind!
I hope you are doing well!
Accenture Job Opening in India in Multiple Locations and You are Selected for the Job Drive.
Qualifications: Any Graduation
(2 Questions)
- Q1. Hi Arvind! I hope you are doing well! Accenture Job Opening in India in Multiple Locations and You are Selected for the Job Drive. Qualifications: Any Graduation
- Q2. I am interested jop
Interview Preparation Tips
I applied via Job Portal and was interviewed in Apr 2022. There was 1 interview round.
(1 Question)
- Q1. What is MS WORD? Word is a processor it’s developed by Microsoft
- Ans.
MS Word is a word processor developed by Microsoft.
It allows users to create, edit, and format text documents.
It includes features such as spell check, grammar check, and thesaurus.
It also offers templates for various types of documents, such as resumes and letters.
It can be used to insert images, tables, and charts into documents.
It supports collaboration features, allowing multiple users to work on the same document ...
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I appeared for an interview in Aug 2024.
(3 Questions)
- Q1. How prices and yields of bond work? Focusing on Fed fund rate.
- Ans.
Bond prices and yields have an inverse relationship, affected by the Fed fund rate.
Bond prices and yields have an inverse relationship - when bond prices go up, yields go down, and vice versa.
The Fed fund rate influences bond prices and yields - when the Fed fund rate increases, bond prices decrease and yields increase.
Investors monitor the Fed fund rate to predict bond market movements and make investment decisions ac
- Q2. How is future rate/ forward calculated? Focusing in INR
- Ans.
Future rates/forwards are calculated based on interest rate differentials between two currencies.
Future rates are calculated using the interest rate differentials between the two currencies involved.
For example, if the interest rate in India (INR) is 5% and in the US (USD) is 2%, the forward rate would be calculated based on this difference.
The formula for calculating the forward rate involves the spot rate, interest r...
- Q3. What will happen to emerging market currency if Donald Trump were to win election?
- Ans.
Emerging market currencies may experience volatility if Donald Trump wins election.
Emerging market currencies could weaken due to uncertainty and potential trade conflicts under Trump's administration
Investors may seek safe-haven assets like the US dollar, leading to further depreciation of emerging market currencies
Countries with high exposure to US trade policies, such as Mexico and China, may see their currencies pa
Selected
(1 Question)
- Q1. Questions on resume
Guesstimates and general probability
I applied via Referral and was interviewed in Jul 2023. There were 4 interview rounds.
Its a behavioral assessment test with some scenarios that you would probably handle in your work place.
(1 Question)
- Q1. Tell us about yourself
- Ans. Basic details of self , like schooling,university and past work experiences.
(1 Question)
- Q1. Process orientated questions
Interview Preparation Tips
I applied via Walk-in and was interviewed in Jul 2024. There were 2 interview rounds.
General discussion, HR round and Manger Round
(2 Questions)
- Q1. JD related questions
- Q2. Technical questions
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Ashish DN
I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.
Effects of social media in our life
(2 Questions)
- Q1. Explain your favorite advertise and why?
- Q2. Commercialization good or bad?
- Ans.
Commercialization can be both good and bad depending on the context and industry.
Commercialization can lead to increased accessibility of products and services to a wider audience.
It can drive innovation and competition in the market.
However, it may also prioritize profit over ethical considerations or public welfare.
Examples: Pharmaceutical industry commercializing life-saving drugs at high prices, tech companies comm
Selected
I applied via Recruitment Consulltant and was interviewed in Feb 2024. There was 1 interview round.
(1 Question)
- 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...
(2 Questions)
- Q1. Accounting entries for Bond
- Ans.
Accounting entries for bonds involve recording the issuance, interest expense, and amortization of premium or discount.
Record issuance of bonds at face value as a liability and cash received as an asset
Recognize interest expense over time using effective interest rate method
Amortize premium or discount on bonds using straight-line or effective interest rate method
- Q2. What is Credit Default Swap
- Ans.
A Credit Default Swap (CDS) is a financial derivative contract that allows an investor to hedge against the risk of default on a debt instrument.
CDS is essentially a form of insurance against the default of a borrower or issuer of a debt security.
The buyer of a CDS makes periodic payments to the seller in exchange for protection against default on a specified debt obligation.
If the borrower defaults, the seller of the ...
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Kotak Mahindra Bank Account Assistant Interview Process
based on 2 interviews
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Kotak Mahindra Bank Account Assistant Reviews and Ratings
based on 11 reviews
Rating in categories
|
Assistant Manager
12.7k
salaries
|  ₹1.2 L/yr - ₹5 L/yr |
|
Deputy Manager
11.4k
salaries
| ₹1.6 L/yr - ₹8.5 L/yr |
|
Manager
5.4k
salaries
| ₹4 L/yr - ₹12 L/yr |
|
Senior Manager
3.5k
salaries
| ₹6.5 L/yr - ₹19 L/yr |
|
Relationship Manager
2.5k
salaries
| ₹1.5 L/yr - ₹10 L/yr |
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