Kotak Mahindra Bank Legal 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. 5 ways of initializing SAS Macro variables
Ans. 
There are multiple ways to initialize SAS Macro variables.
• Using the %LET statement

• Using the %GLOBAL statement

• Using the %SYSCALL macro function

• Using the %SYSFUNC macro function

• Using the %DO loop
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Q2. Difference between Merge and Sql Join
Ans. 
Merge is a function in pandas library used to combine two dataframes based on a common column, while SQL join is used to combine tables based on a specified condition.
• Merge is a function in pandas library, while SQL join is a clause in SQL.

• Merge combines two dataframes based on a common column, while SQL join combines tables based on a specified condition.

• Merge can perform inner, outer, left, and right joins, while SQL...read more
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Q3. 5 proc statements
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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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Q1. My qualification
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Q2. How skill development
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Skill development is crucial for career growth and personal advancement.
• Continuous learning and upskilling are essential for staying competitive in the job market.

• Seek out opportunities for training, workshops, and certifications to enhance your skills.

• Practice and apply new skills in real-world scenarios to solidify your understanding and proficiency.

• Feedback and mentorship can help identify areas for improvement and
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Q1. Introduce yourself
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Q1. Why do you want to join axis bank?
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Q1. BACKGROUND EXP AND WHY ICICI
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Q2. WHERE DO YOU SEE YOURSELF IN 5 YEARS
Ans. 
In 5 years, I see myself as a Senior Associate leading a team and contributing significantly to the growth of the company.
• Advancing to a Senior Associate role

• Leading a team and mentoring junior associates

• Contributing to the growth and success of the company

• Continuing professional development and learning new skills
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