State Street Corporation
100+ Information Dynamics Interview Questions and Answers
Q101. What is equity, mutual funds
Equity refers to ownership in a company, while mutual funds are investment vehicles that pool money from multiple investors to invest in various securities.
Equity represents ownership in a company and can be in the form of stocks or shares
Mutual funds are investment vehicles that pool money from multiple investors to invest in various securities
Mutual funds offer diversification and professional management
Equity investments carry higher risk but also have the potential for hi...read more
Q102. Clear fundamental of accounting
Clear fundamental of accounting is essential for understanding financial transactions and making informed business decisions.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions.
It involves the preparation of financial statements such as balance sheets, income statements, and cash flow statements.
Understanding accounting principles like accrual basis, matching principle, and consistency is crucial.
Knowledge of debits and credits...read more
Q103. Give example for investment banking
Investment banking involves providing financial services to corporations, governments, and other institutions.
Raising capital for clients through issuing stocks or bonds
Mergers and acquisitions advisory services
Providing strategic financial advice to clients
Underwriting securities offerings
Trading of securities for clients
Q104. what is brinson model
The Brinson model is an asset allocation model that decomposes the returns of a portfolio into the effects of asset allocation, market timing, and security selection.
Developed by Gary P. Brinson in 1986
Helps investors understand the sources of return in their portfolio
Considers the impact of asset allocation, market timing, and security selection on portfolio performance
Q105. Types of markets
Types of markets refer to the different categories in which goods and services are bought and sold.
Perfect competition market - many buyers and sellers with identical products (e.g. agricultural products)
Monopoly market - single seller with unique product and high barriers to entry (e.g. utilities)
Oligopoly market - few large firms dominating the market (e.g. automobile industry)
Monopolistic competition market - many sellers offering differentiated products (e.g. fast food ch...read more
Q106. Var calculation and significance
VAR calculation is a risk management technique used to measure and manage the potential losses in a portfolio.
VAR stands for Value at Risk and is a statistical measure used to quantify the level of financial risk within a firm or investment portfolio.
It helps in determining the maximum potential loss that an investment portfolio may face over a specified time period and at a given confidence level.
VAR calculation involves statistical methods such as historical simulation, Mon...read more
Q107. What is portfolio management
Portfolio management involves managing a collection of investments to achieve a specific financial goal.
Involves selecting and monitoring a mix of assets such as stocks, bonds, and mutual funds
Balancing risk and return based on investor's objectives
Rebalancing the portfolio periodically to maintain desired asset allocation
Examples include creating a diversified portfolio to minimize risk and maximize returns
Q108. Golden Rules of Accounting
Golden Rules of Accounting are basic principles that guide the process of recording financial transactions.
The three Golden Rules of Accounting are: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.
These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.
For example, when a company receives cash from a customer, it will debit the cash account (what comes i...read more
Q109. What is time weighted return
Time weighted return is a measure of the compound rate of growth in a portfolio over a specific period of time.
Time weighted return accounts for the impact of external cash flows on the performance of the portfolio.
It is calculated by taking the geometric mean of the periodic returns.
Time weighted return is useful for evaluating the performance of investment managers.
Example: If an investment portfolio has a time weighted return of 5% over a year, it means the portfolio grew ...read more
Q110. What is derivative
A derivative is a financial contract whose value is derived from the performance of an underlying asset, index, or entity.
Derivatives can be used for hedging, speculation, or arbitrage.
Common types of derivatives include options, futures, forwards, and swaps.
For example, a stock option gives the holder the right to buy or sell a stock at a specified price within a certain time frame.
Q111. Explain error handling in PySpark
Error handling in PySpark involves using try-except blocks and logging to handle exceptions and errors.
Use try-except blocks to catch and handle exceptions in PySpark code
Utilize logging to record errors and exceptions for debugging purposes
Consider using the .option('mode', 'PERMISSIVE') method to handle corrupt records in data processing
Q112. Difference between switch and Transfers
Switch and transfers are both methods of changing one's job or position, but they differ in their scope and purpose.
Switching refers to changing jobs within the same organization or industry, while transfers involve moving to a different organization or industry.
Switching often involves a lateral move or a promotion within the same company, while transfers typically involve starting anew in a different company.
Switching allows individuals to leverage their existing skills and...read more
Q113. What is Restructure?
Restructure is the process of reorganizing a company's structure, operations, or finances to improve efficiency or adapt to changes.
Involves making changes to the organization's hierarchy, departments, or processes
May include downsizing, merging departments, or changing reporting relationships
Often done to cut costs, increase productivity, or respond to market changes
Q114. What is Bank Debts?
Bank debts refer to the money owed by a bank to its creditors, typically in the form of loans or bonds.
Bank debts are liabilities on a bank's balance sheet.
They can include loans taken from other financial institutions or individuals.
Bank debts can also include bonds issued by the bank to raise capital.
Failure to repay bank debts can lead to financial instability or bankruptcy.
Examples of bank debts include mortgages, corporate loans, and government bonds.
Q115. Write code for extension class
Extension class in .NET allows adding new methods or properties to an existing class without modifying its source code.
Use the 'this' keyword followed by the type you want to extend
Define static methods in extension classes
Extension methods must be in a static class
Extension methods must be in the same namespace as the extended class
Example: public static class StringExtensions { public static bool IsNullOrEmpty(this string str) { return string.IsNullOrEmpty(str); }}
Q116. What is Nav calculation
NAV calculation refers to the process of determining the net asset value of a fund.
NAV calculation involves valuing all the assets in a fund, subtracting liabilities, and dividing by the number of outstanding shares.
It is typically done at the end of each trading day to provide an accurate reflection of the fund's value.
NAV calculation is important for investors to understand the true value of their investments in the fund.
Q117. Fair value levels hierarchy
Q118. Ready for rotational shifts
Yes, I am ready for rotational shifts.
I am flexible with my schedule and can adapt to different shifts
I understand the importance of teamwork and collaboration in a 24/7 work environment
I have previous experience working in rotational shifts and have successfully managed my time and workload
Q119. explain CLO bank debt?
CLO bank debt refers to debt issued by collateralized loan obligations (CLOs) to finance leveraged loans.
CLO bank debt is a type of debt issued by CLOs, which are special purpose vehicles that invest in a diversified pool of loans.
The proceeds from CLO bank debt are used to finance leveraged loans, which are loans made to companies with high levels of debt.
CLO bank debt typically has a seniority ranking within the CLO structure, meaning it has priority in receiving payments f...read more
Q120. What is sharpe ratio
Sharpe ratio is a measure of risk-adjusted return, indicating how much excess return an investment generates per unit of risk.
Sharpe ratio is calculated by subtracting the risk-free rate of return from the investment's return, and then dividing by the standard deviation of the investment's return.
A higher Sharpe ratio indicates better risk-adjusted performance.
For example, if Investment A has an annual return of 10% with a standard deviation of 15% and the risk-free rate is 2...read more
Q121. What is primary key
Primary key is a unique identifier for each record in a database table.
Primary key ensures each record in a table is unique
It can be a single column or a combination of columns
Primary key values cannot be NULL
Example: In a table of students, student ID can be a primary key
Q122. What is foreign key
Foreign key is a column or a set of columns in a table that uniquely identifies a row in another table.
A foreign key establishes a relationship between two tables in a database.
It ensures referential integrity by enforcing a link between the data in the two tables.
Foreign key constraints prevent actions that would destroy links between tables, such as deleting a row that is referenced by another table.
Example: In a database with tables 'Orders' and 'Customers', the 'CustomerI...read more
Q123. reverse a linkded list
Reverse a linked list by changing the direction of pointers
Start with three pointers: current, previous, and next
Iterate through the list, updating pointers to reverse the direction
Return the new head of the reversed list
Q124. print fibonacci series
The Fibonacci series is a sequence of numbers where each number is the sum of the two preceding ones.
Start with two variables initialized to 0 and 1
Loop through desired number of iterations, adding the previous two numbers to get the next number
Print or store each number in the series
Q125. Usese of trail balance
A trial balance is a financial statement that lists all the accounts in a company's general ledger and their balances.
Used to ensure that debits equal credits in the accounting system
Helps in detecting errors in recording transactions
Prepares the company for the financial statement preparation
Can be used to create financial ratios for analysis
Q126. What is mutual fund
A mutual fund is a type of investment vehicle consisting of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.
Mutual funds are managed by professional fund managers who allocate the fund's assets and attempt to produce capital gains or income for the fund's investors.
Investors in a mutual fund own shares of the fund, which represent a portion of the holdings of the fund.
Mu...read more
Q127. Derivatives and its types
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
Types of derivatives include futures, options, swaps, and forwards.
Futures contracts obligate the buyer to purchase an asset at a specific price on a future date.
Options give the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified time period.
Swaps involve the exchange of cash flows or assets between two parties base...read more
Q128. Corporate action and its type
Corporate action refers to events initiated by a public company that impact its shareholders and securities.
Types of corporate actions include dividends, stock splits, mergers, acquisitions, spin-offs, and rights issues.
Dividends are payments made to shareholders from a company's profits.
Stock splits involve dividing existing shares into multiple shares.
Mergers occur when two companies combine to form a new entity.
Acquisitions involve one company purchasing another.
Spin-offs ...read more
Q129. Flow of N-tier enterprise app
The flow of an N-tier enterprise app involves multiple layers of architecture for efficient data processing and communication.
N-tier architecture divides the application into multiple layers such as presentation, business logic, and data access.
Each layer communicates with the layer above and below it, passing data and requests as needed.
For example, in a typical web application, the presentation layer interacts with the business logic layer, which in turn communicates with t...read more
Q130. What is the CV
CV stands for Curriculum Vitae, a document detailing a person's education, work experience, skills, and achievements.
CV is a comprehensive document that outlines a person's academic and professional background.
It typically includes sections such as education, work experience, skills, achievements, and contact information.
CVs are commonly used when applying for jobs, internships, scholarships, or academic programs.
They are often tailored to specific positions or opportunities ...read more
Q131. Selenium commands on Browser
Selenium commands are used to automate browser actions.
Selenium commands can be used to open a browser window
Commands can be used to navigate to a specific URL
Commands can be used to interact with web elements on a page
Commands can be used to perform actions like clicking a button or filling out a form
Commands can be used to handle alerts and pop-ups
Examples of Selenium commands include get(), findElement(), click(), sendKeys(), and switchTo()
Q132. Segments of Capital market
Segments of capital market refer to different categories of financial instruments and assets traded in the market.
Primary market: where new securities are issued and sold for the first time, such as IPOs
Secondary market: where existing securities are bought and sold among investors, such as stock exchanges
Money market: deals with short-term debt securities like Treasury bills and commercial paper
Bond market: where fixed-income securities like government and corporate bonds ar...read more
Q133. Current ctc at present
I am currently earning a salary of X.
My current CTC is X
I am earning X per annum
My current salary is X
I am being paid X for my work
Q134. Final accounts uses
Final accounts are used to summarize a company's financial transactions and provide a snapshot of its financial position.
Final accounts are used to prepare the income statement, balance sheet, and cash flow statement.
They help stakeholders assess the financial performance and position of a company.
Final accounts are crucial for decision-making, tax compliance, and financial reporting.
Examples of final accounts include profit and loss account, statement of financial position, ...read more
Top HR Questions asked in Information Dynamics
Interview Process at Information Dynamics
Top Interview Questions from Similar Companies
Reviews
Interviews
Salaries
Users/Month