Interview Questions

The supply curve slopes upward because for reflecting the higher price needed to cover the higher marginal cost of production. 

Constraints enable the RDBMS to enforce the integrity of the database automatically, without the need to create triggers, rule or defaults.

Types of Constraints: NOT NULL, CHEQUE, UNIQUE, PRIMARY KEY, FOREIGN KEY.

Use case diagram, activity diagram, Collaboration diagram. 

Use case diagram :

It describes the business environment. Its primary goal is to show the series of events and actions within any given process that will be performed by an actor.  

Activity diagram:

The activity diagram is important because it gives an outline of the work flow within the business as well as the activities and action completed. 

For instance with a company, there is likely to be more than one department. In such a case each department, will have different access levels to the system. 

So if there’s a Medical, HR and Accounts team they will only have access to screens that relate to each. 

The activity diagram will highlight the differences within the departments which will be very helpful for developers when they are designing and coding. 

Collaboration diagram:

A collaboration diagram, also called a communication diagram or interaction diagram, is an illustration of the relationships and interactions among software objects in the Unified Modeling Language (UML). The concept is more than a decade old although it has been refined as modeling paradigms have evolved. 

A savings vehicle is a bank account that's used to hold your savings.

The basic saving vehicles include :

Savings accounts,

Money market accounts,

Certificates of deposit, and

Stock market.

Inflation risk, also called purchasing power risk, is the chance that the cash flows from an investment won't be worth as much in the future because of changes in purchasing power due to inflation.

HOW IT WORKS (EXAMPLE):

For example, $1,000,000 in bonds with a 10% coupon might generate enough interest payments for a retiree to live on, but with an annual 3% inflation rate, every $1,000 produced by the portfolio will only be worth $970 next year and about $940 the year after that. The rising inflation means that the interest payments have less and less purchasing power. And the principal, when it is repaid after several years, will buy substantially less than it did when the investor first purchased the bonds.

array_flip exchange the keys with their associated values in array ie. Keys becomes values and values becomes keys.

<?php
$arrayName    = array("course1"=>"php","course2"=>"html");
$new_array    = array_flip($arrayName);
print_r($new_array);
?>

OUTPUT :

Array
(
[php]     => course1
[html]    => course2
)