Vervent Production Support Analyst Interview Questions and Answers

Corporate actions are events initiated by a company that can affect its stock price and shareholders.

• Types of corporate actions include dividends, stock splits, mergers and acquisitions, spin-offs, and rights issues.

• Dividends are payments made to shareholders from a company's profits.

• Stock splits increase the number of shares outstanding while decreasing the price per share.

• Mergers and acquisitions involve the combinat...read more

Swift is a messaging system used for financial transactions. It has different types and fields for message processing.

• Swift messages are categorized into 5 types - MT0xx, MT1xx, MT2xx, MT3xx, and MT9xx

• Each type has its own set of fields for message processing

• For example, MT103 is used for Single Customer Credit Transfer and has fields like Sender's Reference, Receiver's Reference, Amount, Currency, etc.

Currency depreciation can have various effects on the economy and businesses.

• Currency depreciation can make exports cheaper and imports more expensive, leading to an increase in exports and a decrease in imports.

• It can boost tourism as foreign visitors find the destination more affordable.

• Currency depreciation can also increase the cost of imported goods and raw materials, potentially leading to inflation.

• It can make f...read more

Balance of payment is important for assessing a country's economic health and its international transactions.

• Balance of payment helps in understanding a country's trade position with the rest of the world.

• It provides insights into the inflow and outflow of foreign currency, which impacts exchange rates.

• A positive balance of payment indicates that a country is earning more from exports than spending on imports.

• A negativ...read more

My best quality is my ability to effectively communicate and collaborate with others.

• Strong communication skills

• Excellent interpersonal skills

• Ability to work well in a team

• Active listening

• Conflict resolution

• Empathy and understanding

• Clear and concise verbal and written communication

• Building positive relationships

• Providing constructive feedback

• Facilitating effective meetings

I handle stress by prioritizing tasks, taking breaks, and practicing mindfulness.

• I prioritize tasks based on deadlines and importance

• I take short breaks to clear my mind and recharge

• I practice mindfulness techniques such as deep breathing or meditation

• I seek support from colleagues or supervisors when needed

The total number of accounts a new bank card can get depends on various factors such as customer demand, marketing efforts, and eligibility criteria.

• The number of accounts can vary based on the type of bank card (e.g., credit card, debit card)

• Customer demand and marketing efforts play a significant role in acquiring new accounts

• Eligibility criteria, such as credit score and income, may determine the number of accounts ...read more