Interview Questions

Q:

What is AWB?. What is its purpose?

Answer

AWB stands for Administrator WorkBench. AWB is a tool for controlling, monitoring and maintaining all the processes connected with data staging and processing in the business information whearhousing.

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Subject: SAP

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Q:

Explain primary key constraint.

Answer

Primary key constraint ensures that the column(s) always has a unique value to identify the record.
Example:
Below, the primary key is created for column id with name prim_id.
create table employee ( id number NOT NULL, Name varchar(200) Constraint prim_id primary key(id) );

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Subject: Oracle

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Q:

What is the difference between Business Analyst & System Analyst?

Answer

The business analyst must understand IT and also has to understand the stakeholder’s needs. 


A systems analyst has the ability to look at a program or utility and see the code. They can go in and pinpoint where changes need to be made. 

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Q:

What are PL/SQL cursor exceptions?

Answer

Cursor_Already_Open,  Invalid_Cursor.

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Subject: SQL

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Q:

Define authentication and authorization.

Answer

Authorization: The process of granting access privileges to resources or tasks within an


application.


Authentication: The process of validating the identity of a user.

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Subject: .NET
Job Role: Software Architect

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Q:

Select the correct statement regarding fixed costs.

A) Because they do not change, fixed costs should be ignored in decision making. B) The fixed cost per unit decreases when volume increases.
C) The fixed cost per unit does not change when volume decreases. D) The fixed cost per unit increases when volume increases.
 
Answer & Explanation Answer: B) The fixed cost per unit decreases when volume increases.

Explanation:

The fixed cost per unit decreases when volume increases is the correct statement regarding fixed costs.

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

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Q:

Generally accepted accounting principles are

Answer

Generally Accepted Accounting Principles (GAAP) are basic accounting principles and guidelines are concepts that govern the field of accounting.


 


Accounting principles and guidelines include :


 


* Business Entity Assumption


* Accounting Period


* Historical Cost Concept


* Full Disclosure Principle


* Cost Principle


* Matching Principle


* Materiality


* Monetary Unit Assumption.

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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:

Compounding interest means interest accrues

A) at variable rates throughout the term B) more quickly than simple interest
C) more slowly than simple interest D) at the same rate as simple interest
 
Answer & Explanation Answer: B) more quickly than simple interest

Explanation:

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)


Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

 

How it grows ::

 

compound_interest1532497613.jpg image

 

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

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