Kotak Mahindra Prime Deputy Manager - Finance Interview Questions and Answers

Q1. What is DV01 and what is the recognition measure in ifrs 9
Ans. 
DV01 is a measure of the change in the price of a bond for a 1 basis point change in yield. Recognition measure in IFRS 9 is Expected Credit Loss (ECL).
• DV01 measures the sensitivity of a bond's price to changes in interest rates

• It represents the dollar value of a one basis point decrease in yield

• IFRS 9 uses Expected Credit Loss (ECL) as the recognition measure for impairment of financial assets

• ECL is based on the proba...read more
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Q2. What is VaR and what are the variables used in calculating VaR
Ans. 
VaR stands for Value at Risk, a measure used to assess the potential loss in value of a portfolio over a specific time period.
• VaR is a statistical measure used to quantify the level of financial risk within a portfolio.

• Variables used in calculating VaR include the portfolio value, the time period, and the level of confidence.

• For example, a 95% VaR of $1 million over a one-week period means there is a 5% chance of losin
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Q1. What is Delta and gamma
Ans. 
Delta and gamma are terms used in finance to measure the sensitivity of an option's price to changes in the price of the underlying asset.
• Delta measures the rate of change of the option price with respect to changes in the price of the underlying asset. It ranges from -1 to 1 for call options and 0 to -1 for put options.

• Gamma measures the rate of change of delta with respect to changes in the price of the underlying as...read more
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Q2. What is the relation between delta and gamma
Ans. 
Delta measures the rate of change of an option's price with respect to the underlying asset's price, while gamma measures the rate of change of delta with respect to the underlying asset's price.
• Delta is the first derivative of the option price with respect to the underlying asset price, while gamma is the second derivative of the option price with respect to the underlying asset price.

• Delta tells us how much the optio...read more
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Finance , accounting, costz revenue

Q1. With management, hard core. Finance
Ans. Analysis of ratios, cash flow, management of MIS etc
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Q1. Location ka round raha tha
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Q2. Kaha ja sakte ho or kya kar sakte ho company k liye
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