Interview Questions

In economic terms, inflation is the rise in the prices of goods and services in the given economy over a period of time. As the prices rise, each unit of the country's currency will buy fewer goods and services.

when the purchasing power of a currency go down then more money comes to the market it is called inflation.

Ribbon is the term used as a replacement to the menu bar and toolbars in the older Microsoft Office versions. Under the ribbon, file menu items and toolbar buttons were grouped according to their functionality. It made these functions much accessible on the main interface, with the most commonly used buttons being shown instantly.

In international accounting LIFO and extraordinary items are prohibited

In international accounting, proposed dividend entry is made in the Year in which it is declared, but in Indian Accounting Standards Proposed Divided entry is passed in the year for which dividend is declared. e.g. Dividend for 09-10 declared in AGM on 14 Sept 2010, Financial (Accounting) Year = 2009-10

In Indian Accounting entry would be passed in 2009-10 Accounts books, but in International Accounting entry would be passed in the year 2010-11 Accounts books.

All the features of C are similiar to C++ except some features, such as polymorphism, operator overloading which are supported in C++ but not in C language.

Both C and C++ language is similiar in their functionality but C++ provides with more tools and options.

Nationalized banks are also known as public sector banks where the government is responsible for the deposition of money in these banks while in a private bank money is deposited by the person who owns the bank.

 From the customer point of view, credit is the amount which is deposited into her or his account. And debit refers to that amount which is taken from the account of the customer.

Error-first callbacks are used to pass errors and data as well. You have to pass the error as the first parameter, and it has to be checked to see if something went wrong. Additional arguments are used to pass data.

fs.readFile(filePath, function(err, data) {
if (err) {
// handle the error, the return is important here
// so execution stops here
return console.log(err)
}
// use the data object
console.log(data)
})

By use of %ISOPEN status variable.