30+ Associate Analyst Interview Questions and Answers for Freshers

Logic to find duplicate numbers in an array of 6 numbers

• Iterate through the array and compare each element with the rest of the elements

• If a match is found, print the duplicate number

• Use nested loops to compare all elements

• Alternatively, use a hash table to keep track of seen elements

Questions related to KYC, money laundering, CDD, EDD, and finance were asked for the Associate Analyst position.

• KYC stands for Know Your Customer and is the process of verifying the identity of a customer.

• KYC is important to prevent fraud, money laundering, and terrorist financing.

• Money laundering is the process of making illegally obtained money appear legitimate.

• The stages of money laundering include placement, layering, and integration.

• CDD stands for Customer Due Diligence...read more

Answering questions related to KYC, money laundering, and finance

• KYC stands for Know Your Customer and is the process of verifying the identity of a customer or client

• KYC is important to prevent fraud, money laundering, and terrorist financing

• Money laundering is the process of making illegally obtained money appear legitimate

• The stages of money laundering include placement, layering, and integration

• CDD stands for Customer Due Diligence and is the process of verifying the iden...read more

Joins are used to combine data from two or more tables based on a related column.

• Joins are used in SQL to retrieve data from multiple tables.

• Common types of joins include inner join, left join, right join, and full outer join.

• One case where I applied joins was when I needed to retrieve customer information and their corresponding orders from two separate tables.

• Another example is when I needed to combine data from a table of employees and a table of departments to determine w...read more

Google Shopping is an online marketplace that allows users to search for and compare products from various retailers.

• Google Shopping displays product listings from different retailers in one place

• Users can search for products and compare prices and features

• Retailers can list their products on Google Shopping to increase visibility and sales

• Google Shopping also offers features like product reviews and ratings

• Google Shopping is available on both desktop and mobile devices

Private companies are owned by individuals or a small group, while public companies are owned by shareholders.

• Private companies have fewer regulatory requirements than public companies.

• Public companies have to disclose financial information to the public.

• Private companies are not traded on stock exchanges, while public companies are.

• Ownership in private companies is not easily transferable, while public companies can be bought and sold easily.

• Examples of private companies inc...read more

I am proficient in SQL and have experience in writing complex queries.

• Proficient in writing complex queries

• Experience in working with large databases

• Familiarity with various SQL functions and operators

• Ability to optimize queries for better performance

E-commerce has revolutionized the way we shop and do business.

• E-commerce has made shopping more convenient and accessible.

• It has opened up new markets and opportunities for businesses.

• E-commerce has also led to the rise of online payment systems and digital currencies.

• However, it has also raised concerns about privacy and security.

• Overall, e-commerce has had a significant impact on the global economy.

Google Maps - a web mapping service developed by Google

• Provides satellite imagery, street maps, panoramic views, and route planning

• Used for navigation, finding local businesses, and exploring new places

• Available on desktop and mobile devices

OpenCV project uses various libraries depending on the requirements.

• OpenCV core library

• OpenCV highgui library

• OpenCV imgproc library

• OpenCV video library

• OpenCV features2d library

• OpenCV objdetect library

• OpenCV ml library

• OpenCV calib3d library

• OpenCV stitching library

• OpenCV dnn library

Red flags in AML refer to suspicious activities or behaviors that may indicate money laundering or terrorist financing.

• Unusual transactions or patterns, such as frequent large cash deposits or withdrawals

• Lack of a logical business explanation for transactions

• Use of shell companies or nominee accounts to obscure the true source of funds

• Customer reluctance to provide identification or other required information

• Transactions involving high-risk countries or politically exposed pe...read more

Corporate action refers to events initiated by a public company that impact its shareholders and securities.

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

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

• Stock splits involve dividing existing shares into multiple shares to lower the share price.

• Mergers and acquisitions are when two companies combine or one company takes over another.

• Rig...read more

ESG stands for Environmental, Social, and Governance. CSR stands for Corporate Social Responsibility.

• ESG refers to the three central factors in measuring the sustainability and ethical impact of an investment in a company or business.

• CSR is a company's initiative to take responsibility for the environmental and social wellbeing of the communities around them.

• ESG and CSR are both important factors in evaluating a company's impact on society and the environment.

• Examples of ESG ...read more

Primary research involves collecting data directly from original sources, while secondary research involves analyzing existing data collected by others.

• Primary research is conducted by the researcher themselves, while secondary research involves using data collected by others.

• Primary research is time-consuming and expensive, while secondary research is quicker and more cost-effective.

• Examples of primary research include surveys, interviews, and experiments, while secondary re...read more

Private companies are owned by a small group of individuals and do not trade shares publicly, while public companies are owned by shareholders and trade shares on the stock market.

• Private companies have fewer regulatory requirements compared to public companies.

• Public companies have more transparency as they are required to disclose financial information to the public.

• Private companies have more flexibility in decision-making as they are not accountable to shareholders.

• Exampl...read more

Wipro has faced challenges in terms of stability due to changes in leadership, market competition, and industry trends.

• Wipro has experienced frequent changes in leadership which can impact stability.

• The IT industry is highly competitive, leading to challenges in maintaining stability.

• Shifts in technology and industry trends can also affect Wipro's stability.

• Despite these challenges, Wipro has a strong track record and continues to adapt to market dynamics.

VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value from another column.

• VLOOKUP stands for 'vertical lookup'

• It is commonly used to search for a value in the leftmost column of a table and return a value in the same row from a specified column

• Syntax: =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

• Example: =VLOOKUP(A2, B2:D10, 3, FALSE) - searches for the value in cell A2 in the range B2:D10 and returns the va...read more

SQL commands are used to interact with databases, while DSA questions test problem-solving skills.

• SQL commands include SELECT, INSERT, UPDATE, DELETE for querying and modifying data in databases

• Basic DSA questions may involve sorting algorithms, data structures like arrays, linked lists, trees

• Understanding of time complexity, space complexity, and problem-solving strategies is important

Drag is the force that opposes motion through a fluid. There are two types of drag: parasitic and induced.

• Parasitic drag is caused by friction between the fluid and the surface of an object moving through it.

• Induced drag is caused by the creation of lift, which results in vortices trailing behind the object.

• Examples of parasitic drag include skin friction drag and pressure drag.

• Examples of induced drag include wingtip vortices and wake turbulence.

AI, or artificial intelligence, is the simulation of human intelligence processes by machines, especially computer systems.

• AI is used in various industries such as healthcare, finance, transportation, and marketing.

• It can be used for tasks like data analysis, pattern recognition, and decision-making.

• Examples include virtual assistants like Siri and Alexa, self-driving cars, and fraud detection systems.

• AI can improve efficiency, accuracy, and productivity in many applications.

TDS stands for Tax Deducted at Source. It is a type of tax that is deducted from the income of an individual or entity at the time of payment.

• TDS is a form of advance tax that is deducted by the payer and deposited with the government on behalf of the payee.

• It is applicable to various types of income such as salary, interest, rent, commission, etc.

• The rate of TDS varies depending on the type of income and the amount being paid.

• TDS can be claimed as a credit while filing incom...read more

ATA chapters are used to categorize aircraft maintenance manuals and documents.

• ATA stands for Air Transport Association.

• There are 100 chapters in total.

• Each chapter covers a specific area of the aircraft.

• For example, ATA chapter 21 covers air conditioning and pressurization systems.

• ATA chapter 32 covers landing gear systems.

• ATA chapter 78 covers engine exhaust and reverser systems.

I will talk about my passion for data analysis and how I have used it to solve complex problems in previous projects.

• I have always been fascinated by the power of data analysis in uncovering insights and driving decision-making.

• In my previous role, I used data analysis to identify trends and patterns in customer behavior, leading to a 10% increase in sales.

• I am proficient in various data analysis tools such as Excel, SQL, and Python, and have a strong foundation in statistica...read more

Yes, I am comfortable with rotational shifts.

• I have previous experience working in rotational shifts and have adapted well to the schedule.

• I understand the importance of flexibility in the workplace and am willing to adjust my schedule as needed.

• I have good time management skills which allow me to effectively plan my day regardless of the shift timing.

The transactions limit in India per day varies depending on the type of transaction and the bank's policies.

• Different banks have different daily transaction limits for various types of transactions such as ATM withdrawals, online transfers, and POS transactions.

• For example, State Bank of India has a daily ATM withdrawal limit of Rs. 40,000 for classic debit card holders.

• Some banks may allow customers to increase their daily transaction limits by contacting customer service or...read more

SuccessFactors is a cloud-based human capital management software platform.

• Provides solutions for talent management, HR, payroll, and workforce analytics

• Helps organizations streamline HR processes and improve employee engagement

• Offers modules for performance management, recruiting, onboarding, learning, and more

Phishing is a type of cyber attack where attackers trick people into giving away sensitive information.

• Phishing attacks can come in the form of emails, text messages, or phone calls.

• Attackers often pose as a trustworthy entity, such as a bank or a popular website.

• The goal of phishing is to steal personal information, such as passwords or credit card numbers.

• Phishing attacks can be prevented by being cautious of unsolicited messages and verifying the legitimacy of the sender.

• E...read more

Venture capital is a type of private equity financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.

• Venture capital is typically provided by professional investors or firms to startups with innovative ideas and high growth potential.

• In exchange for the funding, venture capitalists usually receive equity in the company.

• Venture capital investments are high risk but can yield high returns if the startup is s...read more

A derivative is a financial contract whose value is derived from the performance of an underlying asset, index, or interest rate.

• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• For example, a stock option gives the holder the right to buy or sell a stock at a specified price within a certain time frame.

Delhi pollution has increased due to various factors.

• Increase in vehicular traffic

• Burning of crop residue in nearby states

• Industrial emissions

• Construction activities

• Lack of proper waste management

• Geographical location and weather conditions

• Government policies and enforcement