Interview Questions

The process of arranging any items in a systematic manner in a logical sequence is called as Sorting. It can be of two types :

1. Ordering

Arranging items following some criterion like ascending or descending order

2. Categorizing

Grouping items with similar properties together.

In networking and in other areas, a task is often begun before the previous task has ended. This is known as pipelining.

The Accountant typically prepares the Bank Reconciliation Statement using all transactions.

Bank Reconciliation Statement :

Bank reconciliation is a process which prepares a statement accounting for the difference between the cash balance in the cash account of a company and the cash balance according to its bank statement. This statement can help a company to verify that its bank account ending balance per the bank matches the balance on hand per the company's general ledger.

 UI Automation API is used to automate test procedures. Tests scripts are written in JavaScript to the UI Automation API.  This in turn simulates user interaction with the application and returns log information to the host computer.

Control File is used for:
- Database recovery.
- Whenever an instance of an ORACLE database begins, its control file is used to identify the database and redo log files that must be opened for database operation to go ahead.

Marketspace refers to an information and communication based electronic exchange environment. It is a relatively new concept in marketing. Since physical boundaries no longer interfere with buy/sell decisions, the world has grown into several industry specific marketspaces which are integration of marketplaces through sophisticated computer and telecommunication technologies.

The  largest component of National income is service sector.

A commercial bank is a type of financial institution that accepts deposits, offers checking account services, makes business, personal and mortgage loans, and offers basic financial products like certificates of deposit (CDs) and savings accounts to individuals and small businesses. A commercial bank is where most people do their banking, as opposed to an investment bank.

Commercial banks are funded through customer deposits. These banks make money by providing loans and earning interest income from those loans. The types of loans a commercial bank can issue vary and may include mortgages, auto loans, business loans and personal loans. A commercial bank may specialize in just one or a few types of loans.

Customers who deposit money into these accounts effectively lend money to the bank and are paid interest. However, the interest rate paid by the bank on money they borrow is less than the rate charged on money they lend.