N. A. Shah Associates Junior Accounts Executive Interview Questions and Answers

Q1. General questions about precious work experience
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Q2. Questions on pay and timings of shift
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Q1. It was with manager about the process and previous experience on basic terms of trades accounts and finance, most likely scenario based questions
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Q2. Trades different types
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Yes, I have experience in trading different types of assets including stocks, bonds, and commodities.
• I have traded stocks on various exchanges including NYSE and NASDAQ

• I have experience in trading government and corporate bonds

• I have traded commodities such as gold, silver, and oil

• I am familiar with different trading strategies and tools such as technical analysis and options trading
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Q1. Introduce yourself What are you expecting form the role
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Q2. Compensation expectation Few technical questions On Recruitment
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Q1. Explain capital market and bond market in detail
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Capital market is a platform for buying and selling long-term securities, while bond market is a subset of capital market where fixed-income securities are traded.
• Capital market deals with long-term securities such as stocks, bonds, and mutual funds

• It provides a platform for companies to raise capital by issuing securities to investors

• Bond market is a subset of capital market where fixed-income securities such as corpo...read more
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Q2. Tell me about your gap in second job
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Q1. Explain P&L Lines in detail
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P&L lines refer to the revenue and expenses of a business, which are used to calculate the profit or loss.
• P&L lines are also known as income statements.

• They show the revenue generated by a business and the expenses incurred to generate that revenue.

• The difference between the revenue and expenses is the profit or loss.

• P&L lines are important for businesses to track their financial performance and make informed decisions...read more
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100 marks assignment

Q1. Technical questions were asked by manager
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Q2. Capital market , financial market
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Q1. Salary discussion
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Q1. Basic accounting questions
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Q1. Clear all accounting fundamental
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Q1. What is NAV and How would you calculate it
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NAV stands for Net Asset Value, it is a measure of the value of a mutual fund's assets minus its liabilities.
• NAV is calculated by subtracting the total liabilities of a mutual fund from the total value of its assets.

• The formula for calculating NAV is (Total Assets - Total Liabilities) / Total Number of Outstanding Shares.

• For example, if a mutual fund has $100 million in assets, $10 million in liabilities, and 1 million...read more
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Q2. What is will fund accountant will do
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A fund accountant is responsible for maintaining financial records, preparing financial statements, and ensuring compliance with regulations.
• Preparing financial statements for clients

• Maintaining accurate records of all financial transactions

• Ensuring compliance with regulatory requirements

• Calculating net asset values (NAV) for funds

• Reconciling cash accounts and preparing cash flow statements
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Q1. Shift timings and salary discussions
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