Hi pls find below Interview details (Interview rounds) & Important Questions for TCS Interview. 1.

First Round(written) 2. HR Round 3. Manager Round(Technical) - Final Round 2. For Hr round :) 1. Golden rules of accounting 2. Cash flow & Fund flow with Difference 3. Capital expenditure & Revenue expenditure Difference 4. About TCS? 5. Whether you are ok with night shifts or rotational shifts? 6. What is your career plans? 7. Where do you see yourself after 7 - 10 years? 8. Why do you want to work in the banking domain? 3. For Manager Round - Technical / Operational Round: Important Topics in Capital Market & Accounts for Freshers (0-2yrs)
1. What is finance 2. Golden Rules of Accounting- (Important) 3. Working Capital 4. Capital expenditure & Revenue expenditure and its Differences- (Important) 5. Balance Sheet, BRS, Trial balance , Ledger balance- (Important) 6. Diff between trial balance & balance sheet 7. Funds (Fund Flow ,Cash flow) & its Difference - (Important) 8. Profit & Loss 9. Depreciation- (Important) 10. Ratios 11. Cost Accounting 12. Contingent liability 13. Capital Market - (Important) 14. Investment Banking - (Important) 15. What is share in a layman point of view 16. Hedge Funds- (Refer below notes - Important) 17. Derivatives (Call Option, Put Option) - (Important) 18. What are the types of opinions? (related to finance) 19. Equities- (Important) 20. Mutual funds - (Important) 21. Diff between Mutual funds & Hedge Funds 22. Project - (Important) 23. Cost accounting 24. Forward Contract? 25. What are Bad Debts? 26. What is the different rate of interest in banking Savings, Fixed, Current, etc.,

27. 28. 29. 30. 31.

Diff between Fixed cost & Variable cost? What are the different types of accounts used in banking? What are Sundry Debtors and Sundry Creditors? Equity, Debenture, Difference between equities and debentures. What is a Journal Entry in Financial accounting? 32. About MS XL(V Look up, H Look up, Pivot table) - (Important)

General Questions: (For Freshers) 1. How many 50's in 50,000 2. how many lakhs will make a million 3.What is the hot topic in India 4. what is the hot topic in world 5.President of India 6. Home Minister 7. Related to software what is back end & Front end 8. Who is current Finance minister of India? 9. Questions related to your academic project 10 What is 100 square minus 99 square? (Should able to answer by using algebra formula) 11. Question: If the train is travelling at 80km/hr for 10hrs to reach the destination, how long it will take to cover the same distance at a speed of 120km/hr /////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////
1. What is finance? Ans: finance it is regarded as blood of the organisation.without finance the firm cant be existing. it refers to the financial assets which r necessary for run the business smoothly. 2. Golden rules of accounting? Principles of accounting with at least one Example of each? Ans: 1. while an asset is increasing in a concern, it must be debit eg. while purchasing furniture, debit the Furniture 2. while asset is decreasing, it must be credit eg. when giving cash cash will be credit Example of comprises of above two transaction when purchasing furniture for cash Debit- Furniture, Credit- Cash 3.When increasing Liability, it must be credit. eg. when we purchase something by credit it increasing our liability. Entry- when we are purchsing furniture by credit from Mr.ABC the entry will be- Debit- Furniture (increasing furniture) Credit- Mr.ABC (increasing Liability)

3. Working Capital Working capital is a measurement of an entitys current assets, after subtracting its liabilities. Sometimes referred to as operating capital, it is a valuation of the amount of liquidity a business or organization has for the running and building of the business. Generally speaking, companies with higher amounts of working capital are better positioned for success. They have the liquid assets needed to expand their business operations as desired. Sometimes, a company will have a large amount of assets, but have very little with which to build the business and improve processes. Even a profitable company may have this problem. This can occur when a company has assets that are not easy to convert into cash. Working capital can be expressed as a positive or negative number. When a company has more debts than current assets, it has negative working capital. When current assets outweigh debts, a company has positive working capital. 4.Capital expenditure & Revenue expenditure and its Differences Expenditure which are capital in nature and are exhausted over the life time of the asset are capitalised to the cost of the asset. Revenue expenditure are those expenditure the effect of which are felt immeditaely like expentire incurred for salary. Deffered Revenue expenditure are those which are revenue in nature but the effect of which are felt over the period of 2 to 3 years. 5. Balance Sheet, BRS, Trial balance, Ledger balance BRS Ans: A bank reconciliation statement is a statement prepared by organizations to reconcile the balance of cash at bank in a company's own records with the bank statement on a particular date. What is book Value? ANS: The value at which an asset is carried on a balance sheet. In other words, the cost of an asset minus accumulated depreciation. What is primary & Secondary Market? Ans: Securities generally have two stages in their lifespan. The first stage is when the company initially issues the security directly from its treasury at a predetermined offering price. This is a primary market offering. It is referred to as the Initial Public Offering (IPO). Investment dealers frequently buy initial offerings on the primary market and resell the securities on the secondary market What is mean by Hedge Fund? Hedge Funds

"Hedge" means to manage risk Hedge Fund- The appellation "Absolute Return Fund" A pooled investment fund, usually a private partnership, that seeks to maximize absolute returns using a broad range of strategies, including unconventional and illiquid investments. Who typically invests in hedge funds? - Usually defined as "Accredited Investors", various institutions, corporate treasuries, endowments, fund of funds, family offices, private banks and pensions invest in hedge funds. Hedge funds definition says these funds are meant to hedge the investment through various techniques from the potential fluctuations in terms of losses in the markets. Basically a safe investment method. Mutual Funds Mutual fund is one of the investment instruments, where you provide your money to a fund house and authorise them to invest and manage your money. In return, the fund house pays back through dividends/bonus. This is similar to Fixed deposit, where bank pay you interest for the fixed deposit. Types of Mutual Fund? Mutual Funds are classified by structure in to: Open - Ended Schemes, Close-Ended Schemes Interval Schemes and by objective in to Equity (Growth) Schemes Income Schemes Money Market Schemes Tax Saving Schemes Balanced Schemes Offshore funds Special Schemes like index schemes etc Difference between Hedge funds & Mutual funds Hedge funds are only available to a specific group of sophisticated investors with high net worth. In term the investors are called accredited investors", This isn't the case for mutual funds, which are very easy to purchase with minimal amounts of money. Any common man can invest in Mutual funds Ledger Balance: The ledger balance of an account is the actual balance at any point in time and is the aggregate of all debits and credits, including the value of cheques in course of settlement, which have been entered against that account. Trial balance : trial balance is nothing but the debit balance must be equal to credit balance.

Types of Hedge funds: Hedge funds come in many flavors, including: Equity market neutral funds, which offset long positions in stocks with equal short positions in order to eliminate systematic market exposure (beta). Convertible arbitrage funds attempt to exploit anomalies between the price of a stock and the prices of instruments convertible into the stock. Fixed income arbitrage tries to predict changes in credit ratings or the term structure of interest rates. Typically these funds strive for market-neutral positions by offsetting long and short positions. Distressed securities funds exploit the fact that many investors lack the desire to participate in the bankruptcy process or the ability to identify their value. Merger arbitrage captures any spread between the price of a company and the price that a planned acquiror has offered. Hedged equity funds hold both long and short positions but typically remain net long. Global macro funds exploit systematic market moves in currencies, futures and option contracts. Emerging markets funds focus on less mature investment markets. Funds of funds invest in a number of other hedge funds, offering diversification at the cost of double fees. Contingent Liability: A contingental liability may or may not be liability to the company. It is mandatory to show in Balance Sheet. Ex:- Exgratia payable to Workers. Sometimes company has to pay sometimes may not pay. Depreciation: A non cash expense that reduces the value of an asset as a result of wear and tea, age, or obsolescence. Most assets lose their value over time (in other words, they depreciate), and must be replaced once the end of their useful life is reached. There are several accounting method that are used in order to write-off an asset's depreciation cost over the period of its useful life. Because it is a non cash expense, depreciation lowers the companys reported earnings while increasing free cash flow. COST ACCOUNTING A type of accounting process that aims to capture a company's costs of production by assessing the input costs of each step of production as well as fixed costs such as depreciation of capital equipment. Cost accounting will first measure and record these costs individually, then compare input results to output or actual results to aid company management in measuring financial performance. Equities Equity (finance), the value of an ownership interest in property, including shareholders' equity in a business Stock, the generic term for common equity securities are called stock; Home equity, the difference between the fair market value and unpaid mortgage balance on a home Private equity, stock in a privately held company Equity in income of affiliates, an accounting term referring to the consolidated or unconsolidated ownership in affiliate companies What is capital Market?

Ans: Capital Market refers to market for long term securities with original maturity of more than one year. Eg Stock , Govt Bonds etc What is stock dividend? Ans: Stock dividend means the dividend paid in shares. What is mean by Debt Fund? Ans: debt fund in simpler form- the fund borrowed from outsiders. like debentures, bonds, secured and unsecured loans. what is the difference between fund manager and portfolio manger? Ans: fund manager updates the NAV values of the funds invested by the investors. portfolio manager updates the value of the investor portfolio according to the stock market updates. the main differnece is fund manager takes care of funds invested by the investors in mutual funds, but the portfolio manager minimises the risk invested in portfolio and updates the portfolio according to the changes in the market. he takes care of stock , and funds together. what is a Share? Ans: share is total amount of capital of a company which is divided in a number of unit what is a Security? Ans: security is nothing but an investment option where in you can invest your money. Difference between Nifty & Sensex? Ans: NIFTY IS A 50 STOCKS&SENSEX IS A 30 STOCKS.NIFTY IS NATIONOL STOCK EXCHANGE AND SENSEX IS A BOMBAY STOCK EXCHANGE. What is NP? Ans: It is Net Profit.From Gross Profit deduction are to be made for indirect expenses. than we can derive the np. What is merger? Ans: The combination of two or more copanies in which only one firm survies as a legal entity

what is Secondary Market? Ans: additional securities exchange of stock market. what is Bull Market? Ans: Bull market is where the prices go up What are GAAP? ANS: gaap stans for generally accepted accounting principles.which includes the concepts of accounting.there are,business entity concept,money measurement concept,going concern concept,debit equity concept etc. Derivatives Derivative markets are investment markets that are geared toward the buying and selling of derivatives. Derivatives are securities, or financial instruments, that get their value, or at least part of their value, from the value of another security, which is called the underlier. The underlier can come in many forms including, commodities, mortgages, stocks, bonds, or currency. The reason investors may invest in a derivative security is to hedge their bet. By investing in something based on a more stable underlier, the investor is assuming less risk than if she invested in an risky security without an underlier. There are actually two distinct forms of the derivative market. It is possible to purchase and sell derivatives in the form of futures or as over-the-counter offerings. It is not unusual for investors who are interested in derivatives to actively participate in both of these financial markets Call option A call option is a financial contract between two parties, the buyer and the seller of this type of option. It is the option to buy shares of stock at a specified time in the future.[1] Often it is simply labeled a "call". The buyer of the option has the right, but not the obligation to buy an agreed quantity of a particular commodity or financial instrument (the underlying instrument) from the seller of the option at a certain time (the expiration date) for a certain price (the strike price). The seller (or "writer") is obligated to sell the commodity or financial instrument should the buyer so decide. The buyer pays a fee (called a premium) for this right. The buyer of a call option wants the price of the underlying instrument to rise in the future; the seller either expects that it will not, or is willing to give up some of the upside (profit) from a price rise in return for the premium (paid immediately) and retaining the opportunity to make a gain up to the strike price (see below for examples). Example of a call option on a stock Call options and put options are notoriously difficult to understand in definition, and are often better demonstrated by example. In 'buying a call': The buyer expects that the price may go above his chosen 'strike price'. He pays a premium that will never be refunded, and has the right to exercise the option at the strike price, meaning that he can choose to buy the stock at the strike price. (If the price goes up enough, the buyer then pays the strike price to actually purchase the stock. After purchase, he can then choose to hold the stock, or sell it to realize his profit.) 'Trader A' (Call Buyer) purchases a call contract to buy 100 shares of XYZ Corp from 'Trader B' (Call Writer/Seller) at $50/share. The current price is $45/share, and 'Trader A' pays a premium of $5/share. If the share price of XYZ stock rises to $60/share right before expiration, then 'Trader A' can exercise the call by buying 100 shares for $5,000 from 'Trader B' and sell them at $6,000 in the stock market. Trader A's total earnings (S) can be calculated at $500. Sale of 100 stock at $60 = $6,000 (P) Amount paid to 'Trader B' for the 100 stock bought at strike price of $50 =

$5,000 (Q) Call Option premium paid to Trader B for buying the contract of 100 shares @ $5/share, excluding commissions = $500 (R) S = P (Q + R) = $6,000 ($5,000 + $500) = $500' If, however, the price of XYZ drops to $40/share below the strike price, then 'Trader A' would not exercise the option. (Why buy a stock from 'Trader B' at 50, the strike price, when it can be bought at $40 in the stock market?) Trader A's option would be worthless and the whole investment, the fee (premium) for the option contract, $500 (5/share, 100 shares per contract) would be lost. Trader A's total loss is limited to the cost of the call premium plus the sales commission to buy it. This example illustrates that a call option has positive monetary value when the underlying instrument has a spot price (S) above the strike price (K). Since the option will not be exercised unless it is "in-the-money", the payoff for a call option is where

Prior to exercise, the option value, and therefore price, varies with the underlying price and with time. The call price must reflect the "likelihood" or chance of the option "finishing in-themoney". The price should thus be higher with more time to expire (except in cases when a significant dividend is present) and with a more volatile underlying instrument. The science of determining this value is the central tenet of financial mathematics. The most common method is to use the Black-Scholes formula. Whatever the formula used, the buyer and seller must agree on the initial value (the premium), otherwise the exchange (buy/sell) of the option will not take place. Put Option A put option (usually just called a "put") is a financial contract between two parties, the writer (seller) and the buyer of the option. The buyer acquires a short position by purchasing the right to sell theunderlying instrument to the seller of the option for specified price (the strike price) during a specified period of time. If the option buyer exercises their right, the seller is obligated to buy the underlying instrument from them at the agreed upon strike price, regardless of the current market price. In exchange for having this option, the buyer pays the seller or option writer a fee (the option premium). Example of a put option on a stock Payoff from writing a put. Buying a put: A Buyer thinks price of a stock will decrease. Pay a premium which buyer will never get back, unless it is sold before expiration. The buyer has the right to sell the stock at strike price. Writing a put: Writer receives a premium. If buyer exercises the option, writer will buy the stock at strike price. If buyer does not exercise the option,