Formidium Corp Senior Associate Interview Questions and Answers

Q1. Tell me about yourself
Ans. 
I am an experienced professional with a strong background in the field. I have a proven track record of success and a passion for what I do.
• I have over 10 years of experience in the industry

• I have worked in various roles, including project management and team leadership

• I have a deep understanding of the industry trends and market dynamics

• I have successfully delivered multiple high-profile projects, resulting in signifi...read more
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Q2. Why you change your job
Ans. 
I changed my job to seek new challenges and opportunities for growth.
• Seeking new challenges and opportunities for growth

• Wanting to learn new skills and expand my knowledge

• Looking for a better work-life balance

• Relocating to a different city or country

• Company downsizing or restructuring

• Unsatisfactory work environment or culture

• Limited career advancement prospects

• Higher salary or better benefits
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Q1. Limits in us Taxation
Ans. 
Limits in US taxation refer to the maximum amount of income or deductions that can be claimed on tax returns.
• Limits on deductions for state and local taxes (SALT) are capped at $10,000 per year.

• The maximum amount of income subject to Social Security tax is $142,800 in 2021.

• The Alternative Minimum Tax (AMT) imposes a limit on certain deductions and credits.

• The Foreign Earned Income Exclusion (FEIE) has a limit of $108,7...read more
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Q2. Which software will you use
Ans. 
I will use a variety of software depending on the project requirements and client preferences.
• I am proficient in using Microsoft Office Suite for documentation and presentations.

• For project management, I prefer using Asana or Trello.

• For data analysis, I use Excel or Tableau.

• For programming, I use Python or Java depending on the project requirements.

• I am also familiar with various design software such as Adobe Photoshop...read more
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Understanding and legal status and process of crypto currency in India

Q1. Concept of derivatives Different types of derivatives Understanding of hedge funds Understanding of mutual funds Accounting concepts And some other questions which is based on resume
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