Interview Questions

Q:

What is the difference between real money & nominal money?

Answer

Nominal money relates more to it's measure of counting - so nominal figure of what is written on bill, while "real" relates more to it's purchasing power (usually between some periods of time). For instance 100 units in nominal could buy 2 units of good in 1950 and 1 unit of good in 2005, at the same time real value of this 100 nominal units are 100 real units in 1950 and 50 real units in 2005.


Same is with GDP. In nominal it can rise due to inflation while it can stay the same or even decrease in real value.

Report Error

View answer Workspace Report Error Discuss

Subject: Finance

2 3099
Q:

Accounts that normally have debit balances are

A) Assets,Expenses,and Common stock B) Assets,Dividends,and Expenses
C) Assets,Expenses,and Revenues D) All of the above
 
Answer & Explanation Answer: B) Assets,Dividends,and Expenses

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 3098
Q:

Which payment type can help you stick to a budget?

A) Payday loans B) Cash advances
C) Debit cards D) Credit cards
 
Answer & Explanation Answer: C) Debit cards

Explanation:

There are two payment types that will help you stick to your budget.

1. Cash
2. Debit Card

The amount in the debit card is the only amount you can spend to stay within budget.

These method work because once you spend your money, you are done. You don’t have anything else to spend.

 

Credit cards, payday loans, and cash advances are all loans on future income. When you use a credit card, there is always just a little bit more you can spend. These types do not help you budget properly. In fact, these types encourage you to spend beyond your means and be out of budget.

Report Error

View Answer Report Error Discuss

Filed Under: Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 3098
Q:

Explain What is the difference between debenture holders and creditors ?

Answer

Debenture holder are those who provides long term loan at specific interest rate in term of cash and creditor provides only short term credit in term of cash for purchasing of goods.

Report Error

View answer Workspace Report Error Discuss

Subject: Bank Interview Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

1 3098
Q:

By whom will the unallocated memory that is no longer needed will be cleared in java?

A) Java Virtual Machine B) Garebage collector
C) Both A and B D) None
 
Answer & Explanation Answer: B) Garebage collector

Explanation:

The Java programming language provides a system-level thread to track memory allocation.

Garbage collection has the following characteristics:

• Checks for and frees memory no longer needed

• Is done automatically

• Can vary dramatically across JVM implementations

Report Error

View Answer Report Error Discuss

Filed Under: Java

0 3096
Q:

Oracle SQL developer is an

Answer

Oracle SQL developer is an Oracle Database IDE.

Report Error

View answer Workspace Report Error Discuss

0 3091
Q:

Which of the following are the debugging windows in .NET?

A) Breakpoints B) Output
C) Immediate D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

All the above listed are debugging windows in .NET

Report Error

View Answer Report Error Discuss

Filed Under: .NET

0 3091
Q:

What is dual-boot system?

Answer

Dual boot system allows you to install and maintain two operating systems on a single PC. The purpose for this is to maintain compatibility between older and newer software. For example, there maybe programs that only work under Windows 98, therefore having a dual boot system between Windows 98 and another version like Windows XP is a good choice.

Report Error

View answer Workspace Report Error Discuss

0 3087