Vishal Enterprises ITI Fitter Interview Questions and Answers

Q1. Types of derivative
Ans. 
Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
• Types of derivatives include options, futures, forwards, and swaps.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a specified price before or on a specified date.

• Futures are contracts to buy or sell an asset at a future date for a price agreed upon today.

• Forwards are similar to...read more
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Q2. Tell me Types of swap
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Types of swaps include interest rate swaps, currency swaps, and commodity swaps.
• Interest rate swaps involve exchanging fixed interest rate payments for floating rate payments.

• Currency swaps involve exchanging principal and interest payments in one currency for another currency.

• Commodity swaps involve exchanging cash flows based on the price of a commodity.

• Other types of swaps include equity swaps, credit default swaps,
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Q3. Tell me types of option
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Types of options include call options and put options.
• Call options give the holder the right to buy an asset at a specified price within a specific time frame.

• Put options give the holder the right to sell an asset at a specified price within a specific time frame.
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Q4. What is bull market
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A bull market is a financial market characterized by rising prices and investor optimism.
• Bull markets typically occur when the economy is strong and unemployment is low.

• Investors are confident in the future of the market and are more willing to buy stocks.

• Bull markets can last for months or even years, leading to significant gains for investors.

• Examples of bull markets include the dot-com bubble in the late 1990s and t...read more
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Q5. What is bear market
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A bear market is a financial market characterized by declining prices and investor pessimism.
• Occurs when stock prices fall by 20% or more from recent highs

• Investors are generally pessimistic about the market's future performance

• Can last for months or even years

• Examples include the Great Recession of 2008 and the Dotcom Bubble burst in 2000
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Q1. What is earthing
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Earthing is the process of connecting electrical equipment to the earth to prevent electric shocks and ensure safety.
• Earthing provides a path for fault current to flow safely into the ground.

• It helps in protecting both humans and equipment from electrical faults.

• Earthing is essential in electrical installations to maintain proper functioning and safety.

• Examples of earthing systems include TN-C, TN-S, TT, and IT systems
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Q1. What aspects of quality is the Production Department related to in Industrial Engineering?
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The Production Department in Industrial Engineering is related to aspects of quality such as process optimization, waste reduction, and efficiency improvement.
• Process optimization to improve productivity and reduce costs

• Waste reduction to minimize resources and increase sustainability

• Efficiency improvement to enhance overall performance and meet production goals
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Q2. Quality dipartment
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Q1. Current CTC of previous company
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Q2. Expected CTC as per your previous company
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Q3. Work experience
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Q1. Electrical related
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Q2. DG and Transformers
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Q3. Building management
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Q4. General knowledge
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Q5. Compressors and suction
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Q1. Trouble shooting
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Q2. Electrical wiring
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Q3. Tube lights repair
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Q1. Market released question & about company
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Q2. Known state&other cities work
Ans. 
I have experience working with state and other cities.
• Collaborated with state officials to implement a new recycling program

• Participated in regional meetings to discuss transportation initiatives

• Coordinated with neighboring cities to share resources during emergencies
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Market related , mathmatics questions

Q1. Technical information
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Q2. Fault finding in technical issues
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Fault finding in technical issues involves systematic troubleshooting to identify and resolve problems.
• Start by gathering information about the issue and its symptoms

• Use diagnostic tools to pinpoint the root cause of the problem

• Test potential solutions to determine the most effective fix

• Document the troubleshooting process and solution for future reference
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Q1. Information about knowledge skill
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Q2. Information about worker requirement
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