Interview Questions

Q:

Smart money is a term used for

A) Credit cards B) Cash with bank
C) Cash with public D) Internet banking
 
Answer & Explanation Answer: A) Credit cards

Explanation:

Smart money is a term used for credit card.

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

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Q:

The principle of diversification tells us that

A) spreading an investment across many diverse assets will eliminate some of the total risk B) concentrating an investment in two or three large stocks will eliminate all of the unsystematic risk
C) spreading an investment across five diverse companies will not lower the total risk D) concentrating an investment in three companies all within the same industry will greatly reduce the systematic risk
 
Answer & Explanation Answer: A) spreading an investment across many diverse assets will eliminate some of the total risk

Explanation:

The principle of diversification tells us that spreading an investment across many diverse assets will eliminate some of the total risk.

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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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Q:

Explain how PL/SQL exceptions are raised.

Answer

PL/SQL exceptions are raised using the RAISE command. This command is used when exceptions are defined by programmer and not implicit exceptions.


 


Example:


Declare and raising an exception:


DECLARE


short_of_attendance EXCEPTION;


min_attendance NUMBER(4);


BEGIN


...


IF min_attendance < 10 THEN


RAISE short_of_attendance;


END IF;


EXCEPTION


WHEN short_of_attendance THEN


-- handle the error


END;

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Subject: Oracle

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Q:

In which namespace, all .NET collection classes are contained?

Answer

The System.Collections namespace contains all the collection classes.

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Subject: .NET

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Q:

What is the difference between verification and validation?

Answer

Verification: Verification is a process to ensure that the software that is made, matches the original design. In other words, it checks whether the software is made according to the criteria and specification described in the requirement document. It is to check whether you built the product right as per design. It is a low level checking. (It is done in walk-through meetings generally). It checked whether it is made accordingly to the design..


Validation: Validation is a process to check whether the product design fits the client’s need. It checks whether you built the right thing. It checks whether it is designed properly.

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Subject: QA Testing

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Q:

What CICS command are used to read a VSAM KSDS sequentially in ascending order?

Answer

READNEXT reads the next record from a browse operation for any of the three VSAM files.

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Q:

What is the difference between Business Analyst & System Analyst?

Answer

The business analyst must understand IT and also has to understand the stakeholder’s needs. 


A systems analyst has the ability to look at a program or utility and see the code. They can go in and pinpoint where changes need to be made. 

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Q:

What is the biggest achievement in your life?

Answer

Example:


"I have several awesome  achievements in my career. Probably the most awesome achievements were the delivery of the most recent version replace update to one of our core products for customer bills. This was a 1-year project and I was one of 9 team members. What made it more for me was that my role expanded from being one of the tech team individuals to taking the lead on building the mobile makings of the product. In order to deliver this aspect of the product, I pulled in 3 new project resources with new specific skills in each of the mobile technology floors we targeted and cross-trained all project resources to support each floor. In the last, our team delivered the product on time and have received numerous accolades, both external and internal. The mobile component was particularly  identified to be world class and distributed the product at its release. Our CEO spent time showing the mobile components to the industry and press and it has since met with superb  reviews. Would you like to see the Android version of the product?"

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