Interview Questions

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.

:As these are standard exceptions, they need to be defined in the standard block, So it is defined under namespace std.

A keyword that specifies that types in a particular nemespace can be referred to without requiring their full qualified type names. 'using' reserved word always come with namespaces. eg. using systems so because of this useful classes supplied by Microsoft which are contained by system namespace are availble for user.

Difference between undeclared and undefined variables is defined as

Undeclared variables are those that do not exist in a program and are not declared. If the program tries to read the value of an undeclared variable, then a runtime error is encountered.

Undefined variables are those that are declared in the program but have not been given any value. If the program tries to read the value of an undefined variable, an undefined value is returned.

Payroll input includes: Monthly,Qtrly,Yearly payments,adjustements, recoveries etc.
Inputs can be received either from HR or finance or both.

Current month New joinees, resignees recovery's etc.

Yes, inputs changes company to company

The  largest component of National income is service sector.

Open item management ensures that all items that have not yet been cleared are available in the system. Only after every open item in a document is cleared can a document be archived.

Tips :

Occasionally some things go out of control of leaders such as the suitable skill pool in the organization, deadline, and the economic situation. The failure can happen if the employees are unconcerned and negative. In leadership interview questions, the interviewer wants to know your way in resolving the difficult situations, so you should concentrate on analyzing the failure and draw the experience from it. The way you used the difficulties to design the policies and trainings. Show your bravery to face with the failure and ready to recover and continue going on.