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Net Asset Value (NAV) is the value of a fund's assets minus its liabilities, divided by the number of shares outstanding.
NAV is calculated by subtracting the fund's liabilities from its assets.
The result is then divided by the number of shares outstanding to determine the NAV per share.
NAV is used to determine the price at which investors can buy or sell shares of the fund.
It is an important metric for investors to ass
I applied via Recruitment Consultant and was interviewed in May 2021. There were 3 interview rounds.
I applied via Referral and was interviewed before Jul 2021. There were 2 interview rounds.
The golden rules of accounting are basic principles that guide the recording of financial transactions.
The first golden rule is the Debit-credit rule, which states that for every transaction, there must be at least two accounts involved, with one account debited and another credited.
The second golden rule is the Real account rule, which states that real accounts (assets, liabilities, and equity) are debited for what co...
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I applied via Walk-in and was interviewed before Apr 2020. There were 5 interview rounds.
I applied via Naukri.com and was interviewed before Apr 2020. There were 5 interview rounds.
I applied via Campus Placement and was interviewed in Jul 2020. There was 1 interview round.
Java is platform independent due to its bytecode and JVM.
Java code is compiled into bytecode which is platform-independent.
JVM (Java Virtual Machine) interprets the bytecode and executes it on any platform.
JVM acts as an abstraction layer between the Java code and the underlying hardware.
This allows Java programs to run on any platform that has a JVM installed.
For example, a Java program written on a Windows machine ca...
I applied via Naukri.com and was interviewed before Nov 2020. There were 3 interview rounds.
I applied via Walk-in and was interviewed before May 2019. There were 5 interview rounds.
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