Liberty Shoes MIS Executive Interview Questions and Answers

Q1. Why our firm ?
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Q2. Why in office , why not work from home ?
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Q1. Types of derivative
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Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Types of derivatives include options, futures, forwards, and swaps.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price before or on a specified date.

• Futures are contracts to buy or sell an asset at a future date for a price agreed upon today.

• Forwards are similar to...read more
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Q2. Tell me Types of swap
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Types of swaps include interest rate swaps, currency swaps, and commodity swaps.
• Interest rate swaps involve exchanging fixed interest rate payments for floating rate payments.

• Currency swaps involve exchanging principal and interest payments in one currency for another currency.

• Commodity swaps involve exchanging cash flows based on the price of a commodity.

• Other types of swaps include equity swaps, credit default swaps,
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Q3. Tell me types of option
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Types of options include call options and put options.
• Call options give the holder the right to buy an asset at a specified price within a specific time frame.

• Put options give the holder the right to sell an asset at a specified price within a specific time frame.
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Q4. What is bull market
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A bull market is a financial market characterized by rising prices and investor optimism.
• Bull markets typically occur when the economy is strong and unemployment is low.

• Investors are confident in the future of the market and are more willing to buy stocks.

• Bull markets can last for months or even years, leading to significant gains for investors.

• Examples of bull markets include the dot-com bubble in the late 1990s and t...read more
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Q5. What is bear market
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A bear market is a financial market characterized by declining prices and investor pessimism.
• Occurs when stock prices fall by 20% or more from recent highs

• Investors are generally pessimistic about the market's future performance

• Can last for months or even years

• Examples include the Great Recession of 2008 and the Dotcom Bubble burst in 2000
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Q1. Understanding resume
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Q1. Genral question asked
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Q1. What is supervised learning
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Supervised learning is a type of machine learning where the model is trained on labeled data to make predictions or decisions.
• Uses labeled training data to learn the mapping between input and output variables

• The model is trained on a dataset where the correct output is known

• Examples include classification and regression tasks
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Q2. What is overfitting
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Overfitting occurs when a model learns the noise in the training data rather than the underlying pattern.
• Overfitting happens when a model is too complex and captures noise in the training data.

• It leads to poor generalization on new, unseen data.

• Techniques to prevent overfitting include cross-validation, regularization, and early stopping.

• Example: A decision tree with too many branches that perfectly fits the training d
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Case study is shared two days before the interview process

Q1. General spark optimization techniques
Ans. 
Spark optimization techniques improve performance and efficiency of data processing.
• Partitioning data to distribute workload evenly

• Caching frequently accessed data to avoid recomputation

• Using appropriate data formats like Parquet for efficient storage and retrieval

• Optimizing shuffle operations by tuning parameters like shuffle partitions

• Avoiding unnecessary data shuffling by using broadcast joins
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Q1. Given two to 3 days time to develop a end to end pipeline & during the interview discussed the trade off's & some scenario questions.
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Q2. Other rounds involve techincal questions based on the resume & a call with onsite director for the managerial round.
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