Interview Questions

Q:

Which capital gains tax on property?

Answer

Capital Gains Tax on Property:


1. Short term,


2. Long term


 


Short Term Capital Gain on property is considered as a gain from selling a property which was held by you for less than 36 months. As a taxpayer, you are liable to pay tax on short term capital gain on property as per your applicable marginal income tax slab.


* Current Short Term Capital Gains tax rate is 30%.


 


Long Term Capital Gain



When you sell your property that is owned by you for more than three years, any gain arising from such sale will be considered as long term capital gain. Long term capital gain is calculated as the difference between net sales consideration and indexed cost of property.


* Current Long Term Capital Gains tax rate is 20%.

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

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Q:

What is the functionality of the function strstr and stristr?

Answer

strstr() returns part of a given string from the first occurrence of a given substring to the end of the string.
For example:
strstr("user@example.com","@") will return "@example.com".

stristr() is idential to strstr() except that it is case insensitive.

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Q:

Which of the following statements about minimum payments is incorrect?

A) If you send in the minimum payment, you will be charged a late fee B) Paying the minimum means you are only paying off a portion of your total debt
C) You will still pay interest on your balance if you submit the minimum payment D) Minimum payments are typically only 2-4% of your total debt
 
Answer & Explanation Answer: A) If you send in the minimum payment, you will be charged a late fee

Explanation:
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Q:

An algorithm written once which can be used in many places is called

A) Block B) Function
C) Datatype D) None
 
Answer & Explanation Answer: B) Function

Explanation:

Function is an algorithm which can be used any where in the program when required

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Filed Under: Java

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Q:

What is 3G?

Answer

Definition: 3G, known as 3rd Generation, is a standard for mobile / cellular phones. It provides the services that fulfill the International Telecommunication Union specifications.

The application services of 3G include wireless voice telephone, mobile internet access, video calls and mobile television – all in a mobile environment.

3G allows simultaneous use of speech and data services
3G provides peak data rates of at least 200 KBits according to the IMT-2000 specification.
Mobile broadband access of several MBits to laptop computer systems, smart phones is provided by latest 3.5G, 3.75G versions.

3G standards:

UMTS:

  -  Universal Mobile Telecommunications System – One of the 3G mobile telecommunications technologies, also being developed into a 4G technology.
  -  Most common form of UMTS uses W-CDMA as an underlying air interface.
  - UMTS also covers Radio Access Network – UMTS Terrestrial Radio Access Network (UTRAN), and Mobile Application Part (MAP).
  -  Users are authenticated via USIM cards (Universal Subscriber Identity Module).

CDMA2000

   -  Also known as IMT Multi-Carrier (IMT-MC), uses CDMA channel access for sending voice, data and signaling data between mobile phones and cell sites.
   -  The standards are CDMA2000 IX, CDMA2000 EV-DOR Rev.0, CDMA2000 EV-DO Rev.A and CDMA2000 EV-Rev.B. They are approved radio interfaces for the ITU’s IMT-2000.

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Q:

Capitalism is characterized by which of the following?

A) Profits B) A market economy
C) Privately owned businesses D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.


Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

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Q:

What is Silk Test and what is the use of it ?

Answer

ilk Test is a Functional testing tool product of Seague software. It uses the language called 4GL(fourth Generation Language).


It has 2 components,
Silk Test Agent - Run on remote machine
Silk Test Host - Creating, Modifying, Viewing the scripts


Uses of Silk Test tool:


1. It’s a tool developed for performing the regression and functionality testing of the application.
2. It benefits when we are testing Window based, Java, the web, and the traditional client/server applications.
3. Silk Test help in preparing the test plan and managing them to provide the direct accessing of the database and validation of the field.

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Q:

Difference between Arraylist and Linked list?

Answer

ArrayList and LinkedList both implements List interface and maintains insertion order. Both are non synchronized classes.


 


But there are many differences between ArrayList and LinkedList classes that are given below.


 

ArrayList    V/s     LinkedList ::


 

1) ArrayList internally uses dynamic array to store the elements.


                   Whereas


LinkedList internally uses doubly linked list to store the elements.


 

2) Manipulation with ArrayList is slow because it internally uses array. If any element is removed from the array, all the bits are shifted in memory.


                   Whereas


Manipulation with LinkedList is faster than ArrayList because it uses doubly linked list so no bit shifting is required in memory.


 

3) ArrayList class can act as a list only because it implements List only.


                   Whereas


LinkedList class can act as a list and queue both because it implements List and Deque interfaces.


 

4) ArrayList is better for storing and accessing data.


                   Whereas


LinkedList is better for manipulating data.

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