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Willis Towers Watson
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I applied via Referral and was interviewed in Nov 2022. There were 3 interview rounds.
Window dressing of balance sheet refers to manipulating financial statements to make a company appear more financially stable than it actually is.
It involves using accounting tricks to improve the appearance of financial ratios and metrics.
Examples include inflating revenue, deferring expenses, and understating liabilities.
Window dressing is often used to impress investors or lenders, but it can be misleading and uneth...
Options are choices or alternatives that are available to a person or organization.
Options provide flexibility and allow for decision-making.
Examples of options include different insurance policies, investment opportunities, or career paths.
Options can also refer to financial instruments such as stock options or futures contracts.
Journal entry of drawings from own proprietary business
Create a journal entry with the date of the transaction
Debit the drawings account and credit the owner's equity account
Include the amount of the drawings in the entry
Example: On 1/1/2021, $500 was withdrawn from the business for personal use. Debit Drawings for $500 and credit Owner's Equity for $500
Acid test ratio is a financial metric used to measure a company's ability to pay off its short-term liabilities with its current assets.
Also known as quick ratio
Formula: (Current Assets - Inventory) / Current Liabilities
A ratio of 1 or higher is considered good
Helps assess a company's liquidity and financial health
Sum adds all values in a range, while Sumif adds values based on a condition.
Sum: =SUM(A1:A5) adds all values in range A1 to A5
Sumif: =SUMIF(A1:A5,">3") adds values in range A1 to A5 where value is greater than 3
Verbal reasoning questions
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I applied via Referral and was interviewed in Jan 2021. There were 3 interview rounds.
I applied via Naukri.com and was interviewed before Feb 2021. There was 1 interview round.
ForgeRock IDM is an identity management software that provides secure access to applications and services.
ForgeRock IDM allows organizations to manage user identities and access privileges across multiple systems and applications.
It provides a centralized platform for managing user authentication, authorization, and provisioning.
ForgeRock IDM supports various authentication protocols such as OAuth, SAML, and OpenID Con...
User onboarding is the process of introducing new users to a product or service and helping them get started.
Provide clear instructions and guidance on how to use the product or service
Offer tutorials or walkthroughs to help users understand the features and functionality
Simplify the registration process and make it easy for users to create an account
Provide support and assistance to users who encounter issues or have ...
I applied via Campus Placement and was interviewed in Oct 2021. There were 3 interview rounds.
I applied via Referral and was interviewed before Mar 2021. There were 2 interview rounds.
Fixed income products are valued in accordance with RBI's valuation Master Circular on Prudential norms.
Fixed income products are valued based on their market value or fair value.
The valuation is done by independent valuers or by the issuer's internal valuation committee.
The valuation should be done at least once a quarter and the results should be reported to the RBI.
The valuation should take into account factors such...
Fixed income and money products in India refer to investment options that provide a fixed return on investment.
Fixed income products include government bonds, corporate bonds, and fixed deposits.
Money products include savings accounts, money market funds, and treasury bills.
Fixed income and money products are popular among risk-averse investors.
Interest rates on fixed income products are influenced by factors such as i...
The Government Securities Market in India is a platform for trading government securities.
Government Securities Market is regulated by the Reserve Bank of India.
It is a platform for trading government securities like treasury bills, bonds, and securities issued by the central and state governments.
The market is open to all investors including individuals, banks, financial institutions, and foreign investors.
The market ...
I applied via Referral and was interviewed before Mar 2021. There were 2 interview rounds.
I applied via Naukri.com and was interviewed before Feb 2021. There were 2 interview rounds.
I applied via Approached by Company and was interviewed before Sep 2021. There were 4 interview rounds.
Banking basic level test
I applied via Naukri.com and was interviewed in Jun 2021. There were 5 interview rounds.
I applied via Referral and was interviewed in Jun 2021. There was 1 interview round.
Materiality level is the threshold at which financial information becomes significant enough to influence the decision-making of users.
Materiality level is determined by the size and nature of the item or error being evaluated.
It is used to determine what information needs to be disclosed in financial statements.
If an item is below the materiality level, it may not need to be disclosed.
Materiality level can vary depend...
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