Interview Questions

Q:

Comprehensive income includes all of the following except

A) expenses B) contributions by owners
C) extraordinary items D) losses
 
Answer & Explanation Answer: B) contributions by owners

Explanation:

Comprehensive income is the sum of net income and other items that must bypass the income statement because they have not been realized, including items like an unrealized holding gain or loss from available for sale securities and foreign currency translation gains or losses.

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

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Q:

Which best describes the difference between stocks and bonds?

A) stocks allow investors to own a portion of the company; bonds are loans to the company B) stocks are more reliable investment;bonds tend to be more volatile
C) stocks allow investors to share in profits;bonds make investors responsible for company debts D) stocks pay interest to investors throughout the year; bonds only pay interest at fixed times during the year
 
Answer & Explanation Answer: B) stocks are more reliable investment;bonds tend to be more volatile

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

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Q:

What is the difference between an Interface and an Abstract class ?

Answer

1.Main difference is methods of a Java interface are implicitly abstract and cannot have implementations. A Java abstract class can have instance methods that implements a default behavior.


2.Variables declared in a Java interface is by default final. An abstract class may contain non-final variables.


3.Members of a Java interface are public by default. A Java abstract class can have the usual flavors of class members like private, protected, etc..


4.Java interface should be implemented using keyword “implements”; A Java abstract class should be extended using keyword “extends”.


5.An interface can extend another Java interface only, an abstract class can extend another Java class and implement multiple Java interfaces.


6.A Java class can implement multiple interfaces but it can extend only one abstract class.


7.Interface is absolutely abstract and cannot be instantiated; A Java abstract class also cannot be instantiated, but can be invoked if a main() exists.


8.In comparison with java abstract classes, java interfaces are slow as it requires extra indirection.

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Subject: Java

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Q:

Demand is said to be inelastic when

A) Percentage change in demand is less than the percentage change in price of the good B) Percentage change in demand is greater than the percentage change in price of the good
C) Percentage change in demand is equal to the percentage change in price of the good D) None of the above
 
Answer & Explanation Answer: A) Percentage change in demand is less than the percentage change in price of the good

Explanation:

Demand is said to be inelastic, when the demand for the good doesn't change much or it is negotiable when the price of the good changed.

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

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Q:

What are the different types of diagrams and what do you know about them?

Answer

Use case diagram, activity diagram, Collaboration diagram. 


Use case diagram :


It describes the business environment. Its primary goal is to show the series of events and actions within any given process that will be performed by an actor.  


 


Activity diagram:


The activity diagram is important because it gives an outline of the work flow within the business as well as the activities and action completed. 


For instance with a company, there is likely to be more than one department. In such a case each department, will have different access levels to the system. 


So if there’s a Medical, HR and Accounts team they will only have access to screens that relate to each. 


The activity diagram will highlight the differences within the departments which will be very helpful for developers when they are designing and coding. 


 


Collaboration diagram:


A collaboration diagram, also called a communication diagram or interaction diagram, is an illustration of the relationships and interactions among software objects in the Unified Modeling Language (UML). The concept is more than a decade old although it has been refined as modeling paradigms have evolved. 

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Q:

Why we use array_flip

Answer

array_flip exchange the keys with their associated values in array ie. Keys becomes values and values becomes keys.

<?php
$arrayName    = array("course1"=>"php","course2"=>"html");
$new_array    = array_flip($arrayName);
print_r($new_array);
?>

OUTPUT :

Array
(
[php]     => course1
[html]    => course2
)

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Subject: PHP

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Q:

What is a TCP Session?

Answer

the layer that establishes ,manages and terminates the session between two communticating devices

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Q:

What is JAR file?

Answer

A JAR file (short for Java Archive) is a ZIP file used to distribute a set of Java classes. It is used to store compiled Java classes and associated metadata that can constitute a program

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Subject: Java

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