Wipro Associate/Senior Associate -(Nontechnical) Interview Questions and Answers

Capital market is a financial market where long-term securities like stocks, bonds, and other financial instruments are traded.

• It is a market for raising long-term funds

• It includes stock exchanges, bond markets, and other financial instruments

• It helps companies and governments to raise capital for their projects

• Investors can buy and sell securities in the capital market

• Examples include NYSE, NASDAQ, and London Stock Ex

NAV stands for Net Asset Value.

• NAV is a financial term used to describe the value of an investment fund's assets minus its liabilities.

• It is calculated by dividing the total value of the fund's assets by the number of outstanding shares.

• NAV is used to determine the price at which shares in the fund are bought and sold.

• For example, if a fund has assets worth $100 million and liabilities of $10 million, its NAV would be ...read more

NAV is calculated by subtracting liabilities from assets and dividing by the number of outstanding shares.

• Calculate the total value of assets held by the fund

• Subtract the total value of liabilities from the total value of assets

• Divide the result by the number of outstanding shares

• NAV = (Total Assets - Total Liabilities) / Number of Outstanding Shares

• Example: If a fund has $10 million in assets and $2 million in liabili...read more

Reconciliation is the process of comparing two sets of records to ensure they are in agreement.

• It involves identifying and resolving discrepancies between the two sets of records.

• Examples include bank statement reconciliation, inventory reconciliation, and account reconciliation.

• Reconciliation is important for ensuring accuracy and integrity of financial and other records.

• It can also help identify errors or fraud.

• Recon...read more