Statestreet HCL Services Interview Questions, Process, and Tips

Q1. What is mutual funds and types
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Q2. What is capital market
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Q3. What is working capital
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Q4. Self introduction
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Q5. What is swaps and types
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Q1. What are the golden rules of accounting?
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Q2. What is the process for documenting sales transactions in a journal?
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Q1. Accounting concepts
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Q2. Fund accounting and Investment banking, derivatives
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Q1. What is a node?
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A node is a device or data point in a network that can send, receive, or forward data.
• Nodes can be computers, servers, routers, switches, or any other network device.

• Nodes are connected to each other through links or connections.

• In a network diagram, nodes are represented by circles or boxes with labels.

• Examples of nodes include laptops, smartphones, printers, and network switches.
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Q2. What is a link?
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A link is a connection between two devices that allows them to communicate and share data.
• A link can be physical, such as an Ethernet cable connecting two computers.

• A link can also be virtual, such as a VPN connection over the internet.

• Links can be wired or wireless, depending on the technology used.

• Links are essential for networking and communication between devices.
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Q3. Defined network?
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A network is a collection of computers, servers, mainframes, network devices, and other devices connected to one another.
• A network allows devices to communicate with each other and share resources.

• Networks can be classified based on their size (LAN, WAN, MAN) or their connection method (wired or wireless).

• Examples of networks include the internet, intranets, and extranets.
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Q4. What is a gateway of route?
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A gateway of route is a device or software that connects different networks, allowing communication between them.
• A gateway of route acts as an entry and exit point for data packets traveling between networks

• It can perform tasks such as protocol translation, packet filtering, and routing

• Examples include routers, firewalls, and proxy servers
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Q5. Types of network names?
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Types of network names include SSID, domain name, hostname, and workgroup name.
• SSID (Service Set Identifier)

• Domain name

• Hostname

• Workgroup name
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Q1. What is Trade life cycle
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Trade life cycle refers to the stages involved in the execution and settlement of a trade.
• Trade initiation: The trade is initiated by a buyer and a seller agreeing on the terms of the transaction.

• Order placement: The buyer or seller places an order with a broker or exchange.

• Order matching: The broker or exchange matches the buy and sell orders.

• Trade execution: The trade is executed at the agreed price and quantity.

• Trad...read more
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Q2. What is Accrual fees
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Accrual fees are expenses that are gradually incurred over time and recorded as liabilities until they are paid.
• Accrual fees are costs that are recognized and recorded in financial statements before they are actually paid.

• These fees are typically associated with services or benefits received over a period of time.

• They are recorded as liabilities on the balance sheet until they are settled.

• Examples of accrual fees inclu...read more
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Q3. Your strength and weakness?
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Q4. Salary discussion
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Q1. Tell me about your self?
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Q2. What is Trade Life cycle
Ans. 
Trade life cycle refers to the stages involved in the execution and processing of a trade.
• Trade initiation: The trade is initiated by a buyer and a seller.

• Trade execution: The trade is executed at an agreed price and quantity.

• Trade confirmation: Both parties confirm the details of the trade.

• Trade settlement: The financial and legal obligations of the trade are settled.

• Trade clearing: The trade is cleared through a clea...read more
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Q3. What is mutual fund
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A mutual fund is an investment vehicle that pools money from multiple investors to invest in a diversified portfolio of securities.
• Mutual funds are managed by professional fund managers.

• Investors buy shares in the mutual fund, which represent their ownership in the fund's assets.

• Mutual funds offer diversification, as they invest in a variety of stocks, bonds, or other securities.

• They provide an opportunity for small in...read more
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Q4. What is accrual fees
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Accrual fees are charges that accumulate over time and are recorded as liabilities until they are paid.
• Accrual fees are expenses that have been incurred but not yet paid.

• They are recorded as liabilities on the balance sheet until they are settled.

• Accrual fees are common in industries such as finance, legal, and consulting.

• Examples of accrual fees include accrued interest, accrued legal fees, and accrued consulting fees
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My Aptitude test clear first attempt

Q1. Tell me about your self
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Q2. Educational background
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Q3. Family background
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Q4. Strength and weakness
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