Ritika Securities Finance Intern Interview Questions and Answers

Q1. Accounting principles
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Q1. Variable cost.............
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Q2. Overhead..........
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Excel test..............

Q1. Why to join .............
Ans. 
I am excited about the opportunity to contribute my financial expertise and leadership skills to a dynamic and growing organization like yours.
• I am impressed by the company's reputation and success in the industry.

• I believe my experience and qualifications align well with the requirements of the Assistant Manager Finance role.

• I am eager to work with a talented team and contribute to the company's financial growth and s...read more
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Q2. Variable cost vs fixed cost ........
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Variable costs change with production levels while fixed costs remain constant.
• Variable costs fluctuate based on production volume (e.g. raw materials, labor)

• Fixed costs remain the same regardless of production levels (e.g. rent, salaries)

• Variable costs are directly related to the level of output, while fixed costs are independent of output

• Understanding the distinction between variable and fixed costs is crucial for bu
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Q1. Current CTC.........
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Q2. How would you rate yourself in excel...............
Ans. 
I would rate myself as highly proficient in Excel.
• I have extensive experience using advanced functions and formulas in Excel.

• I am skilled in creating complex financial models and analyzing large datasets.

• I have successfully automated various reporting processes using VBA macros.

• I am proficient in data visualization techniques using pivot tables and charts.

• I have completed advanced Excel courses and certifications to en
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Q1. Working experience communication skills
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Q2. Finance accounts marketing before question interview
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Q3. Digital experience
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Q1. Marketing finance information technology human rescoures
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Q2. Questions answers good company
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Q1. Golden rules of accounting
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The golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The golden rule of accounting is that for every debit entry, there must be an equal credit entry.

• There are three types of accounts: personal, real, and nominal.

• Personal accounts deal with individuals or organizations, real accounts deal with assets and liabilities, and nominal accounts deal with income and exp...read more
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Q1. What is TDS under income tax
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TDS stands for Tax Deducted at Source, a system where tax is deducted by the payer at the time of making payment.
• TDS is deducted by the payer at the time of making certain payments like salary, rent, commission, etc.

• The deducted amount is then deposited with the government on behalf of the payee.

• TDS rates vary based on the type of payment and the payee's status.

• TDS ensures a regular inflow of taxes to the government an...read more
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Basic Aptitude test with Quants, Reasoning, and reading comprehension with 30 questions each

Very Basic Level, three questions like finding whether a number is prime or not and adding two numbers

Q1. Introduce yourself
Ans. 
I am a financial analyst with expertise in financial planning, analysis, and reporting.
• I have a Bachelor's degree in Finance and have been working in the finance industry for 5 years.

• I have experience in budgeting, forecasting, and financial modeling.

• I am skilled in using financial software and tools such as Excel, SAP, and Tableau.

• I have a strong attention to detail and can analyze complex financial data to provide in...read more
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Q2. Why do you want to join this job with an engineering background
Ans. 
I believe my engineering background provides me with a unique perspective and skill set that can be valuable in the financial analyst role.
• My engineering background has equipped me with strong analytical and problem-solving skills, which are essential in financial analysis.

• I have a solid foundation in mathematics and statistics, which are crucial for analyzing financial data and making accurate projections.

• Engineering ...read more
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Q3. You don't have any foundation in finance. How will you cope?
Ans. 
I will cope by leveraging my strong analytical skills and willingness to learn.
• I have a strong background in quantitative analysis, which is applicable to finance.

• I am a quick learner and have a track record of quickly grasping complex concepts.

• I am willing to invest time and effort in self-study and taking relevant courses.

• I will seek guidance and mentorship from experienced finance professionals.

• I will leverage my pr...read more
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Q4. What did you learn from your engineering years
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During my engineering years, I learned problem-solving skills, analytical thinking, and attention to detail.
• Developed strong problem-solving skills through complex engineering projects

• Enhanced analytical thinking by analyzing data and making informed decisions

• Learned to pay attention to detail to ensure accuracy and precision in engineering designs

• Gained experience in working collaboratively in teams to achieve project
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Q5. Do you know basic-level Excel
Ans. 
Yes, I have basic-level Excel knowledge.
• I am proficient in basic Excel functions such as data entry, formatting, and basic formulas.

• I can create and edit spreadsheets, charts, and graphs.

• I have experience with functions such as SUM, AVERAGE, and IF statements.

• I am familiar with Excel shortcuts and can work efficiently with the software.
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