Interview Questions

Q:

Have you had experience of locking up a shop and dealing with stock ordering?

Answer

These are a couple of examples of things that retail staff may be expected to get involved with, and they'll be keen to see how much additional training they might need to provide.

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Subject: Retail

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Q:

What do you mean by Redo Log file mirroring ?

Answer

-  The process of having a copy of redo log files is called mirroring.
-  It is done by creating group of log files together. This ensures that LGWR automatically writes them to all the members of the current on-line redo log group.
-  In case a group fails, the database automatically switches over to the next group. It diminishes the performance.

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Subject: Oracle

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Q:

When referring to student loans what is a grace period?

A) 6 months B) 12 months
C) 18 months D) 24 months
 
Answer & Explanation Answer: A) 6 months

Explanation:

6 months after graduating or quitting school when you have to start paying back the loans.

 

A grace period is one term that’s provided for student loans that allow you to delay payments up to a certain length of time, without penalty. During a grace period no late charges would apply, and the loan would not risk falling into default for missed payments. The grace period allows you time to find financial stability prior to having to make payments on your student loans.

 

Many students use student loans to help pay for their college expenses, including tuition, books, room and board, and other living expenses. Students are expected to repay these loans when they graduate.

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

2 3114
Q:

What is NTFS?

Answer

NTFS is short for New Technology File System. It is the standard file system that is being used by operating systems starting from Windows NT, Windows 2000, Windows XP, and even the newer versions like Vista and 7. It was originally designed to have a better performance on file storage and retrieval under the Windows NT family.

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Q:

What is difference between DELETE and TRUNCATE commands?

Answer

Delete command removes the rows from a table based on the condition that we provide with a WHERE clause. Truncate will actually remove all the rows from a table and there will be no data in the table after we run the truncate command.


TRUNCATE:


- TRUNCATE is faster and uses fewer system and transaction log resources than DELETE.


- TRUNCATE removes the data by deallocating the data pages used to store the table's data, and only the page deallocations are recorded in the transaction log.


- TRUNCATE removes all rows from a table, but the table structure, its columns, constraints, indexes and so on, remains. The counter used by an identity for new rows is reset to the seed for the column.


- You cannot use TRUNCATE TABLE on a table referenced by a FOREIGN KEY constraint. Because TRUNCATE TABLE is not logged, it cannot activate a trigger.


- TRUNCATE cannot be rolled back.


- TRUNCATE is DDL Command.


- TRUNCATE Resets identity of the table


DELETE:


- DELETE removes rows one at a time and records an entry in the transaction log for each deleted row.


- If you want to retain the identity counter, use DELETE instead. If you want to remove table definition and its data, use the DROP TABLE statement.


- DELETE Can be used with or without a WHERE clause


- DELETE Activates Triggers.


- DELETE can be rolled back.


- DELETE is DML Command.


- DELETE does not reset identity of the table.


Note: DELETE and TRUNCATE both can be rolled back when surrounded by TRANSACTION if the current session is not closed. If TRUNCATE is written in Query Editor surrounded by TRANSACTION and if session is closed, it can not be rolled back but DELETE can be rolled back.

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Subject: SQL

0 3112
Q:

What is the Debit Balance recovery? How we can recover if we wont have any future transactions from supplier?

Answer

The Debit balance recovery is usually made by raising a credit memo for the regular vendors. However if there are no future transactions from the supplier, we ask the vendor to send the check / make an EFT for the amount due from him.

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Subject: Accounts Payable

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Q:

On a bank reconciliation, deposits in transit are

A) added to the book balance B) added to the bank balance
C) deducted from the book balance D) None of the above
 
Answer & Explanation Answer: B) added to the bank balance

Explanation:

A deposit in transit is cash (currency, coins, checks, electronic transfers) that a company has received and is rightfully reported as Cash on its balance sheet, but does not appear on the bank statement until a later date.

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

0 3109
Q:

Which payment type can help you stick to a budget?

A) Payday loans B) Cash advances
C) Debit cards D) Credit cards
 
Answer & Explanation Answer: C) Debit cards

Explanation:

There are two payment types that will help you stick to your budget.

1. Cash
2. Debit Card

The amount in the debit card is the only amount you can spend to stay within budget.

These method work because once you spend your money, you are done. You don’t have anything else to spend.

 

Credit cards, payday loans, and cash advances are all loans on future income. When you use a credit card, there is always just a little bit more you can spend. These types do not help you budget properly. In fact, these types encourage you to spend beyond your means and be out of budget.

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

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