Interview Questions

Q:

The threshold limit upto which coins can be issued as per the Coinage Act 2011 ? 

A) 100 B) 200
C) 500 D) 1000
 
Answer & Explanation Answer: D) 1000

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

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Q:

What is insider trading and why is it illegal?

Answer

Undergraduates may get this question as feelers of their business knowledge. Insider trading describes the illegal activity of buying or selling stock based on information that is not public information. This is to prevent those with privileged information (company execs, I-bankers and lawyers) from using this information to make a tremendous amount of money unfairly.

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Subject: Finance

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Q:

Disinvestment means-

A) To reduce government share in the FDI B) To reduce the government share in the public sector
C) To reduce government share in Market D) To reduce the government share in the private sector
 
Answer & Explanation Answer: B) To reduce the government share in the public sector

Explanation:

Disinvestment is the action of an organization or government selling or liquidating an asset or subsidiary.

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Q:

What do you mean by a deadlock?

Answer

 - When two processes are waiting to update the rows of a table which are locked by another process, the situation is called a deadlock.
 - The reasons for it to happen are:
 * lack of proper row lock commands.
 * Poor design of front-end application
- It reduces the performance of the server severely.
- These locks get automatically released automatically when a commit/rollback operation is performed or any process is killed externally.

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Subject: Oracle

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Q:

What is FBT (Fringe Benefit Tax)?

Answer

The tax payable on a non-salary benefit provided to an employee or an associate of the employee. The employer is liable to pay any FBT and may choose to recover the FBT amount from the employee.

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Subject: Accounts Payable

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Q:

What is WATER MARK in oracle? Explain the significance of High water mark.

Answer

WATER MARK is a divided segment of used and free blocks. Blocks which are below high WATER MARK i.e. used blocks, have at least once contained some data. This data might have been deleted later. Oracle knows that blocks beyond high WATER MARK don’t have data; it only reads blocks up to the high WATER MARK during a full table scan. 

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Subject: Oracle

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Q:

Most modern Banking Systems are based on

A) commodity money B) 100 percent reserves
C) fractional reserves D) money of intrinsic value
 
Answer & Explanation Answer: C) fractional reserves

Explanation:

Most modern banking systems are based on Fractional reserves.

 

Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank.

1. In a fractional reserve banking system banks can create money through the lending process.

2. A fractional reserve banking system is susceptible to bank panics.

3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.

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Q:

What is Stop-and-Wait Protocol?

Answer

In Stop and wait protocol, sender sends one frame, waits until it receives confirmation from the receiver (okay to go ahead), and then sends the next frame.


 

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