Interview Questions

Q:

Galloping inflation is also known as

A) Hyperinflation B) Jumping inflation
C) Moderate inflation D) None
 
Answer & Explanation Answer: B) Jumping inflation

Explanation:

Galloping inflation is also known as jumping inflation.

 

It refers to a type of inflation that occurs when the prices of goods and services increase at the two-digit or three-digit rate per annum.

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Filed Under: Finance
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What is the difference between Property Get, Set and Let?

Answer

Set - Value is assigned to ActiveX Object from the form.


Let - Value is retried to ActiveX Object from the form.


Get - Assigns the value of an expression to a variable or property.

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Q:

What is the use of controller object UIApplication?

Answer

Controller object UIApplication is used without subclassing to manage the application event loop.


It coordinates other high-level app behaviors. 


It works along with the app delegate object which contains app-level logic.

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Q:

What are trade receivables?

Answer

Trade receivables are amounts billed by a business to its customers when it delivers goods or services to them in the ordinary course of business. These billings are typically documented on formal invoices, which are summarized in an accounts receivable aging report. In the general ledger, trade receivables are recorded in a separate accounts receivable account, and are classified as current assets on the balance sheet if you expect to receive payment from customers within one year.


To record a trade receivable, the accounting software creates a debit to the accounts receivable account and a credit to the sales account when you complete an invoice. When the customer eventually pays the invoice, the accounting software records the cash receipt transaction with a debit to the cash account and a credit to the accounts receivable account.


Trade receivables vary from non trade receivables in that non trade receivables are for amounts owed to the company that fall outside of the normal course of business, such as employee advances or insurance reimbursements. Also, most or all of the transactions passing through the main accounts receivable account are generated by the accounting system, as you create customer invoices and credit memos, whereas the transactions recording non trade receivables nearly always involve journal entries.

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Q:

What are the important topologies for networks?

Answer

BUS topology:


In this each computer is directly connected to primary network cable in a single line.


 


STAR topology:


In this all computers are connected using a central hub.

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Q:

What is the use of eucalyptus in cloud computing environment?

Answer

Eucalyptus stands for “Elastic Utility Computing Architecture for Linking Your Programs to Useful Systems” and provides an open source software infrastructure to implement clusters in cloud computing platform. It is used to build private, public and hybrid clouds. It can also produce your own datacenter into a private cloud and allow you to extend the functionality to many other organizations. Eucalyptus provides APIs to be used with the web services to cope up with the demand of resources used in the private clouds.

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Subject: Cloud Computing

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Q:

What is the role of the DataSet object in ADO.NET?

Answer

One of the major component of ADO.NET is the DataSet object, which always remains disconnected from the database and reduces the load on the database.

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Subject: .NET

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Q:

The primary Economic function of the Financial system is to

A) Providing experts advice to investors and savers B) Match one person's savings with another person's investment
C) Keeping interest rates low D) Match one person's consumpion expenditure with another person's capital expenditure
 
Answer & Explanation Answer: B) Match one person's savings with another person's investment

Explanation:

The primary Economic function of the Financial system is to match one person's savings with another person's investment.

 

The_primary_Economic_function_of_the_Financial_system_is_to1556258311.png image

 

* As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner.

* They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities.

* These financial services help to make the overall economy more efficient.

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

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