Interview Questions

The primary purpose of life insurance is to provide financial protection to surviving dependents after the death of an insured.

Yield to maturity is a concept for fixed rate bonds and is the internal rate of return i.e. the rate at which future flows are discounted on a compound basis to give the present value of the bond including accrued interest.

Hedging is a tool to minimize the risks. It is thus like an 'insurance' where one pays a premium but gets an assured amount in case of some uncertain event to the extent of the loss actually suffered on an equally opposite position for which the hedge was done. Thus, hedger is different from arbitrageur and speculators, as the intention here is not to maximize the profit but to minimize the loss.

E.g. In Capital Markets, suppose an investor has an equity portfolio of Rs. 2 lacs and the portfolio consists of all the major stocks of NIFTY. He thinks the market will improve in the long run but might go on a downside in the shortrun. NIFTY today stands at 4300. To minimize the risk of downfall, he enters into an option contract by buying NIFTY-PUT of strike 4300 at a premium of, say, Rs. 100. Thus, the actual amount paid is Rs. 5,000(lot size of NIFTY is 50). Also, the number of NIFTY-PUTs to be bought will vary on the beta of the portfolio so as to completely hedge the positon. 

Accounts Receivables help small businesses by providing short-term liquidity. Also continued sales on credit provide the much needed continuity for small businesses.

1. Collection of attendance / collation of attendance

2. Scrutunizing the received attendance 

3. Calculating the salary as per the attendance, based on LOP received

4. Once the Payroll Processing is over, the gross salary should be checked with Master Data of salary.

5. Netpay has to request for bank transfers / cheque 

6. Need to take care of statutories like PF / ESI / PT / Income Tax

7. While processing salary, statutory deductions like PF / ESIC / PT and income tax calculations tobe taken care.

8. Arriving the salary structure for New Joiners

9. F&F tobe done for resigned employees

10. PF & ESI Nomination has to take care for the new joiners

11. PF Settlement / PF transfer has to take care for the resigned employees after 60days from the date of resignation.

A call to onStop method happens when an activity is no longer visible to the user, either because another activity has taken over or if in front of that activity.

JavaScript is a scripting language most often used for client-side web development.

Why they ask this and what they are looking for:

This question "What areas would you like to further develop professionally?" will uncover whether you are interested and knowledgeable about your own development and as such will can be a cloaked attempt to discover your weaknesses.

A common target of the question is to discover how motivated you are to extend yourself. If you are motivated to learn, then you are probably more motivated to do the job well.

How to answer this:

First show that you are concerned and active about your own development. You can indicate how development has worked for your in the past.

You're right, continued learning and development is important and I continue to work to improve key skills.

Do answer the question, of course, but do not show gaping holes in your skill set and especially those in key areas required in the job. A good trick is to talk about developing your skills in new areas that will be of future benefit to the company.

For example : I am in programming now and love the work, but one day I would like to develop into a management role.

Hope this helps you..!