Interview Questions

Q:

What is purpose of VSAM?

Answer

VSAM acts as an interface between Application program & Operating System.

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Q:

What do you think you will be doing during your first year in investment banking?

Answer

Much of your answer to this question will depend on your role – so do some careful research into your chosen department. In M&A, you might spend much of your time on financial models related to the deals you’re working on, while in a trading role you might start out by assisting more senior members of the team before being given the chance to manage a trading book yourself. Beyond that, it’s important to show that you’ll be keen to take on responsibilities, but that you also recognise that your first year is about learning the ropes, usually means include following instructions from others and completing some mundane tasks.

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Subject: Bank Interview

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Q:

What Is EBIDTA?

Answer

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. EBITDA came into wide use among private capital firms, wanting to calculate what they should pay for a business.

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Subject: Finance

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Q:

What is the difference between Consigner and Consignee ?

Answer

Consigner is the person who is the owner of the goods and who delivers the goods to others(consignee) Whereas Consignee is the person who receives the goods and just holds the goods and will not be the owner.

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

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Q:

What is buying forward?

Answer

It is an investment strategy that involves the buying of money market instruments or currencies in anticipation of a price rise or a future increase in demand. Buying forward allows an investor to take advantage of future and potential profits by buying now at alower price, and selling when prices rise.

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Q:

What is data cleaning? How can we do that?

Answer

Data cleaning is also known as data scrubbing. Data cleaning is a process which ensures the set of data is correct and accurate. Data accuracy and consistency, data integration is checked during data cleaning. Data cleaning can be applied for a set of records or multiple sets of data which need to be merged.


Data cleaning is performed by reading all records in a set and verifying their accuracy. Typos and spelling errors are rectified. Mislabeled data if available is labeled and filed. Incomplete or missing entries are completed. Unrecoverable records are purged, for not to take space and inefficient operations.

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Q:

If an array with name as "names" contain three elements, then how will you print the third element of this array?

Answer

Print third array element document.write(names[2]);

Note:- Array index starts with 0.

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Subject: Web Technology

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Q:

Managing advertising, sales promotion and public relations:

What according to you is sales promotion?

Answer

We can say that sales promotion is a cost effective technique by which an organisation can achieve its sales volume or the marketing objectives by providing value added product and not just an ordinary product to the end user or even the intermediaries. It is short term by nature and is suitable enough for generating sales within a short span of time. Sales promotion techniques are being increasingly used by retailing organisations some of which include advertising, providing discounts and allowances or a 'buy one get one free offer' etc.

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