Praxis Services Senior Associate Interview Questions and Answers

Q1. What is reconciliation
Ans. 
Reconciliation is the act of restoring harmony or agreement between parties who were previously in conflict or disagreement.
• Reconciliation involves acknowledging past wrongs or misunderstandings

• It requires open communication and a willingness to forgive

• Reconciliation often involves compromise and finding common ground

• Examples include reconciling with a friend after an argument or reconciling financial records to ensure
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Q2. What options why it is used
Ans. 
Options are used to provide choices or alternatives in decision-making processes.
• Options help in making informed decisions by considering different possibilities

• They allow for flexibility and adaptability in changing circumstances

• Options can be used in negotiations to reach a mutually beneficial agreement
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Q1. Puzzle guesstimate sql problem solving
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Q2. Sql , resume, problem solving
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Q1. Tell me about yourself
Ans. 
Experienced Senior Associate with a background in finance and project management.
• Over 5 years of experience in finance and project management

• Strong analytical skills and attention to detail

• Proven track record of successfully leading teams and delivering results

• Proficient in financial analysis and reporting

• Excellent communication and interpersonal skills
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Q2. What is fundamental analysis
Ans. 
Fundamental analysis is a method of evaluating a security by analyzing the financial and economic factors that influence its value.
• Involves analyzing financial statements, earnings reports, market trends, and economic indicators

• Focuses on determining the intrinsic value of a security

• Helps investors make informed decisions based on the underlying fundamentals of a company

• Contrasts with technical analysis which focuses o
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Badhiya tha but selection nahi hua

Badhiya tha but selection nahi hua bro

Q1. Why do you want to apply for this role?
Ans. 
I am excited about the opportunity to utilize my skills and experience to contribute to the success of the team and organization.
• I have a strong background in [specific area relevant to the role]

• I am passionate about [specific aspect of the role]

• I believe my experience and expertise align well with the requirements of the position
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Q2. What's your best trait for the role?
Ans. 
My best trait for the role is my strong analytical skills and attention to detail.
• Strong analytical skills help me to effectively analyze complex data and make informed decisions.

• Attention to detail ensures that I produce high-quality work with minimal errors.

• Ability to prioritize tasks and meet deadlines consistently.
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Estimate the revenue of a 5 star resort in Goa

Q1. Previous Job Details
Ans. 
I worked as a Senior Analyst at XYZ Company, where I led a team in analyzing market trends and developing strategic recommendations.
• Led a team in analyzing market trends

• Developed strategic recommendations

• Collaborated with cross-functional teams

• Presented findings to senior management
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Q1. One and one with manager about process
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Q2. Self introduction
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Q3. RCM based question
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Q4. Flexibility of job worked
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Q1. Salary discussion
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Q1. Tell me about your self
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Q2. What is your expectations
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Q3. Why would change your organization
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A profitability case study which was closely related to a product that I'd worked on in my previous job

Q1. Was asked about my past experience, my educational background and why they made me the right choice for BCG
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Q2. I was asked why BCG in particular
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