Interview Questions

Q:

What is true about personal financial planning?

A) Personal financial planning is the process of creating and achieving financial goals B) Our financial decisions decrease once we reach adulthood
C) A family's resources are unlimited D) There are two means for achieving financial goals—you either need to increase your spending or reduce savings
 
Answer & Explanation Answer: A) Personal financial planning is the process of creating and achieving financial goals

Explanation:

Personal financial planning is the process of creating and achieving financial goals.

 

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

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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:

Which key word is to be used to tell the JVM to skip the variable while performing the serialization process of the object containing it?

A) Transcient B) Volatile
C) Static D) Final
 
Answer & Explanation Answer: A) Transcient

Explanation:

If you mark an instance variable as transient, you're telling the JVM to skip (ignore) this variable when you attempt to serialize the object containing it.

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Filed Under: Java

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Q:

Describe Android Application Architecture.

Answer

Android Application Architecture has the following components:
* Services – like Network Operation
* Intent - To perform inter-communication between activities or services
* Resource Externalization - such as strings and graphics
* Notification signaling users - light, sound, icon, notification, dialog etc.
* Content Providers - They share data between applications

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Q:

What is reconciliation ?

Answer

You should have recorded in your cash books all amounts you have actually received and payments you have actually made. However the cash books may be incomplete as your bank may have put extra transactions through your account such as:


► bank fees or interest charges
► direct debits (payments) and direct credits (receipts).


Doing a regular bank reconciliation will allow you to:


► take into account any extra transactions your bank puts through your account and
► check and record any errors or omissions.


By regularly doing a bank reconciliation (say monthly) you can be more confident that your records contain all the information you need to prepare your income tax return and activity statements.

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

3 2672
Q:

Difference between Arraylist and Linked list?

Answer

ArrayList and LinkedList both implements List interface and maintains insertion order. Both are non synchronized classes.


 


But there are many differences between ArrayList and LinkedList classes that are given below.


 

ArrayList    V/s     LinkedList ::


 

1) ArrayList internally uses dynamic array to store the elements.


                   Whereas


LinkedList internally uses doubly linked list to store the elements.


 

2) Manipulation with ArrayList is slow because it internally uses array. If any element is removed from the array, all the bits are shifted in memory.


                   Whereas


Manipulation with LinkedList is faster than ArrayList because it uses doubly linked list so no bit shifting is required in memory.


 

3) ArrayList class can act as a list only because it implements List only.


                   Whereas


LinkedList class can act as a list and queue both because it implements List and Deque interfaces.


 

4) ArrayList is better for storing and accessing data.


                   Whereas


LinkedList is better for manipulating data.

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Q:

How do you insert a record with a nullable column?

Answer

To insert a NULL, move -1 to the null indicator


To insert a valid value, move 0 to the null indicator


 

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Q:

What is the primary function of the Web browsers?

Answer

- Web browser functions are to provide the resources or information to the user when asked by them. 


- It processes the user inputs in the form of URL like https://www.google.com in the browser and allows the access to that page. 


- URL is used to identify the resources and fetch them from the server and displays it to the client. 


- It allows the user to interact with the web pages and dynamic content like surveys, forms, etc. 


- It also allows the user to navigate through the complete web page and see its source code in the HTML format. 


- It provides security to the data and the resources that are available on the web that is by using the secure methods.

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Subject: Web Technology

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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

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