Mitrata Inclusive Financial Services Interview Questions and Answers

Q1. What are derivatives in finance?
Ans. 
Derivatives in finance are financial instruments whose value is derived from the value of an underlying asset.
• Derivatives can be used for hedging against risk, speculating on price movements, or gaining exposure to assets without owning them.

• Common 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 be...read more
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Q2. What are the different types of derivatives?
Ans. 
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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Q1. What are the details of the stock market and its various products?
Ans. 
The stock market is a platform where investors can buy and sell shares of publicly traded companies.
• Stocks represent ownership in a company and can be bought and sold on stock exchanges like NYSE and NASDAQ.

• Bonds are debt securities issued by companies or governments to raise capital.

• Mutual funds pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

• Options give i...read more
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Q2. Balance sheet,profit &loss account
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Q3. Journal entries
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Q4. Option in detail, economic crisis,
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Round 1 was aptitude round, it consisted of java and c++ snippets and we had to guess the output. Apart from that there were problems on speed, velocity, distance and time. Problems on word-letter patterns were also asked. The aptitude round had 30 questions and time given was 30 minutes.

Aptitude round was the only elimination round. The next following 4 rounds were non-elimination rounds. Coding test included 3 questions - 1 and half hour was given to solve the same. It is fine if you don't perform well here, since it is a non-elimination round. But try to solve 1 and half or 2 questions atleast. The questions were mainly based on 1d arrays, 2D arrays, strings and string arrays.

Q1. Introduce yourself.
Ans. 
I am a recent graduate with a degree in engineering, eager to learn and grow in the field.
• Recent graduate with a degree in engineering

• Passionate about learning and growing in the field

• Eager to apply theoretical knowledge to practical projects
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Q2. Difference between Structure and object oriented languages
Ans. 
Structure languages focus on procedures and functions, while object-oriented languages focus on objects and classes.
• Structure languages use functions and procedures to manipulate data

• Object-oriented languages use objects and classes to encapsulate data and behavior

• Structure languages are more procedural in nature, while object-oriented languages are more modular and reusable

• Examples of structure languages include C and...read more
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Q3. Explain of OOPS concepts and their real life examples.
Ans. 
OOPS concepts are fundamental to object-oriented programming and include inheritance, encapsulation, polymorphism, and abstraction.
• Inheritance: A child class inherits properties and behaviors from a parent class. Example: Animal class can be a parent class with child classes like Dog and Cat inheriting its attributes.

• Encapsulation: Bundling data and methods that operate on the data into a single unit. Example: A car ob...read more
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Q4. What is static keyword and it's usage.
Ans. 
The static keyword in programming is used to declare variables, functions, or classes that retain their values or state throughout the program's execution.
• Static variables retain their values between function calls

• Static functions can only be accessed within the same file

• Static classes cannot be instantiated and have limited visibility

• Static keyword can also be used in C++ to declare class members shared among all inst
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Q5. System architecture diagram for web application project.
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The system architecture diagram for a web application project visually represents the components and their interactions.
• Include components like client-side interface, server-side application, database, and external services

• Show how these components communicate with each other

• Consider scalability, security, and performance in the design

• Use standard symbols and notations for clarity
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Q6. Access Modifiers in java
Ans. 
Access modifiers in Java control the visibility of classes, methods, and variables.
• There are four types of access modifiers in Java: public, private, protected, and default.

• Public: accessible from any other class.

• Private: only accessible within the same class.

• Protected: accessible within the same package and subclasses.

• Default: accessible only within the same package.

• Example: public class MyClass { private int myVar; p
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Q7. What OOPS concepts are implemented in my project
Ans. 
Encapsulation, Inheritance, Polymorphism, Abstraction
• Encapsulation: Data hiding and bundling of data with methods. Example: Using private variables and public methods.

• Inheritance: Reusing code and creating a hierarchy of classes. Example: Subclass inheriting properties and methods from a superclass.

• Polymorphism: Ability to present the same interface for different data types. Example: Method overloading and overriding.

• A...read more
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Q8. DBMS core concepts
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Q9. Overloading and Overriding
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Q10. Approach to the coding questions asked in coding round.
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Q11. Questions on what is cloud and what are some cloud platforms you know?
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A project is assigned to a group of students and we need to come up with an idea on how to implement that project as a team.

Q1. Introduce yourself
Ans. 
I am a recent graduate with a degree in engineering, eager to learn and grow in the field.
• Recent graduate with a degree in engineering

• Passionate about learning and growing in the field

• Eager to apply theoretical knowledge to practical projects
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Q2. Family background
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Q1. This round was purely based on DSA. One question of Leetcode hard difficulty was asked. Question Name - Median of two sorted arrays.
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Q1. This was low level design round. I was asked to design a system like Redbus. Functional Requirements - 1. user can login/signup on the platform 2. functionality to choose btw different operational routes....read more
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Q1. This round was taken by their Engineering Director. Questions were related to multithreading, types of entity relationships with examples, transaction management in Spring Boot, JVM components, garbage col...read more
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Q2. Later interviewer asked me to code a multithreading assignment - 1. Create a fixed threadpool of size 10. 2. Submit number of tasks to the threadpool. 3. Return the results from every task and print in mu...read more
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Q1. Walk me thru your CV
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Q2. Technical questions from Job description
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Q3. Why switching your job?
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Q4. Behavioral Questions
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Q5. Projects and accomplishments
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Q6. How do you align with the role?
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Q1. Introduction, be prepared to have knowledge on your resume
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Q2. Mathematical questions like percentage
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Q3. Critical thinking. They asked a question with a given situation what you'll do .
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Q4. The past 4 days been climate be stroming . And current was cut off due to rain and flood , you have a important assignment to finish, what you'll do
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Q1. Basic questions on python
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Q2. Difference between list tuple
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Lists and tuples are both data structures in Python, but lists are mutable while tuples are immutable.
• Lists are enclosed in square brackets [], while tuples are enclosed in parentheses ().

• Lists can be modified after creation, while tuples cannot be modified (immutable).

• Lists are typically used for collections of similar items, while tuples are used for fixed collections of items.

• Example: list = [1, 2, 3] and tuple = (4
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Q3. Area of room 6D
Ans. 
The area of a room can be calculated by multiplying the length by the width.
• Calculate the area by multiplying the length and width of the room.

• For example, if the length of the room is 10 feet and the width is 12 feet, the area would be 120 square feet.

• Make sure to use the same units for length and width when calculating the area.
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Q4. Most emberacing situation u faced in your life
Ans. 
Getting caught cheating on a test in high school
• Was copying answers from a classmate during a test

• Teacher caught me and called me out in front of the whole class

• Felt embarrassed and learned my lesson about cheating
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Q5. Behavior questions like what will u do if this happens
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