Interview Questions

Q:

Which of the following terms is not used in banking sector?

A) Daily Product Basis B) Remittancel
C) Cash Reserve D) Actuary
 
Answer & Explanation Answer: D) Actuary

Explanation:

Actuary is the term which is not used in banking sector.

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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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Q:

The primary Economic function of the Financial system is to

A) Providing experts advice to investors and savers B) Match one person's savings with another person's investment
C) Keeping interest rates low D) Match one person's consumpion expenditure with another person's capital expenditure
 
Answer & Explanation Answer: B) Match one person's savings with another person's investment

Explanation:

The primary Economic function of the Financial system is to match one person's savings with another person's investment.

 

The_primary_Economic_function_of_the_Financial_system_is_to1556258311.png image

 

* As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner.

* They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities.

* These financial services help to make the overall economy more efficient.

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

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Q:

What is difference between ARP and RARP?

Answer

The address resolution protocol(ARP) is used to associate the 32 bit IP address with the 48 bit physical address, used by a host or a router to find the physical address of another host on its network by sending a ARP query packet that includes the IP address of the receiver.


The reverse address resolution protocol (RARP) allows a host to discover its Internet address when it knows only its physical address.

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Q:

What is Bex (Business Explorer) ?

Answer

Bex stands for Business Explorer. Bex enables end user to locate reports, view reports, analyze information and can execute queries. The queries in workbook can be saved to there respective roles in the Bex browser. Bex has the following components: Bex Browser, Bex analyzer, Bex Map, Bex Web.

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Subject: SAP

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Q:

The EIB field which gives the last CICS command executed is?

Answer

EIBRCODE

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Q:

Describe Bottom-Up and Top-Down approach in Testing.

Answer

Bottom Up Approach:


The bottom up approach testing approach is carried out with the help of the test driver. The test driver calls a component to be tested.


The modules in the lower level of call hierarchy are tested independently. Then the next level modules are tested that call previously tested modules. This is done repeatedly until all the modules are included in the testing.


Bottom up testing stops when the top module in the call hierarchy is tested with all lower call hierarchy modules.


 


Top Down Approach:


The top down approach is carried out with the help of the test stub. Test stub are the dummy programs. The Stub is called from the software component to be tested.


Tests top layer of controlling subsystem first. Then combine modules that are called by the tested modules and test resulted collection of modules.


Do this until all the modules are combined and tested.

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Subject: QA Testing

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Q:

Explain How is a journal entry recorded?

Answer

Journal Entries are recorded on a double entry system ie debit and credit concept. In order to record a journal entry the following steps need to be followed.


  - Enter the Journal entry number


  - Enter the Date of transaction


  - Enter the Debit item (as per the golden principles of accountancy)


  - Enter the corresponding GL folio number


  - Enter the Debit amount


  - Enter the credit item(as per the golden principles of accountancy)


  - Enter the amount in the credit column


  - Provide a brief description of the transaction


  - leave a single line before next transaction

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Q:

What gross data rate does GPRS provide?

Answer

- GPRS provide gross data rate of 22.80 KBPS / time slot
- Voice uses only 13KBPS/ time slot and the rest is consumed by Error Correction Code
- Error connection code is utilized for detecting and correcting the transmission errors
- As voice is compressed, the usage of Error connection code is mandatory

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