Mercedes-Benz Research and Development India Business Analyst Interview Questions and Answers

Q1. Use cases - Precondition and postcondition
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Q2. Jira tool and explain
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Jira is a project management tool used for tracking and managing tasks, issues, and workflows.
• Jira is commonly used in software development teams to track bugs, tasks, and user stories.

• It allows for creating and assigning tasks, setting priorities, and tracking progress.

• Jira integrates with other tools like Confluence and Bitbucket for seamless project management.

• Users can create custom workflows, dashboards, and repor
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Q1. Tell more about your project
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Q1. Agile related question
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Q2. Pega realted questions
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Hi, I have selected for business analyst role in Life insurance.. They asked me about Process in Life insurance operations, and what are the policies we are having in current market and What are the Underwriting guidelines to issue the policy.

Q1. They asked about current CTC in present working company and expected CTC.
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Basis English, math, reasoning test plz prepare properly.

Q1. What do you mean by trade life cycle
Ans. 
Trade life cycle refers to the stages involved in a trade from initiation to settlement.
• Trade initiation

• Order execution

• Trade confirmation

• Clearing and settlement

• Trade reconciliation

• Post-trade activities

• Examples: equity trade, bond trade, foreign exchange trade
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Q2. What do you mean by derivatives
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Derivatives are financial contracts whose value is derived from an underlying asset or security.
• Derivatives can be used for hedging or speculation.

• Examples include futures, options, swaps, and forwards.

• Derivatives can be traded on exchanges or over-the-counter.

• Derivatives can be complex and carry significant risk.

• Derivatives played a role in the 2008 financial crisis.
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Q3. What are the types of derivatives?
Ans. 
Derivatives are financial contracts that derive their value from an underlying asset or benchmark.
• Futures

• Options

• Swaps

• Forwards

• Credit derivatives
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Q4. What is the meaning of settlement?
Ans. 
Settlement refers to the process of finalizing a transaction or resolving a dispute.
• Settlement can involve the exchange of money, goods, or services.

• It can also refer to the resolution of legal disputes or the finalization of a divorce.

• Examples of settlement include the payment of a settlement amount in a lawsuit or the transfer of ownership in a real estate transaction.
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Q5. What is trade discrepancy?
Ans. 
Trade discrepancy refers to a difference between the trade details recorded by two parties involved in a transaction.
• It can occur due to errors in trade details, such as quantity, price, or date.

• It can also occur due to differences in the trade settlement process.

• Trade discrepancies can lead to disputes between the parties involved.

• Examples include mismatched trade confirmations, incorrect trade details in settlement i...read more
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Q1. About yourself and work experience, details of the project worked on.
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Q1. Agile methodologies and trello workflow
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Q2. Requirement gathering
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