Interview Questions

Q:

What is Secondary Market?

Answer

Secondary market refers to market where securities are traded after being initially offered to the public in the primary market and/or listed on the stock exchange.

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Subject: Finance

1 2828
Q:

Managerial Accounting is also called

A) Control accounting B) Management accounting
C) Cost accounting D) Both B & C
 
Answer & Explanation Answer: D) Both B & C

Explanation:

Managerial Accounting is also called as Management accounting or Cost accounting. It is the process of identifying, measuring, analyzing, interpreting, and communicating information to managers of an organization. Then that managers use the provisions of accounting information in order to better inform themselves before they decide matters within their organizations, which aids their management and performance of control functions.

 

managerial_accounting_is_also_called1561444774.jpg image

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

2 2826
Q:

Accounts that normally have debit balances are

A) Assets,Expenses,and Common stock B) Assets,Dividends,and Expenses
C) Assets,Expenses,and Revenues D) All of the above
 
Answer & Explanation Answer: B) Assets,Dividends,and Expenses

Explanation:
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Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 2821
Q:

Name some common VSAM error conditions and codes?

Answer

End of file  (10)


Duplicate key (22)


Record not found (23)


VSAM logic error  (90)


Open problem  (92)


Space problem (93)

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Q:

What is the most difficult part of administrative assistant job?

Answer

The intention of the interviewer by asking this question is to discover the pain points for the candidate.


 


Here this can be explained with an example like this :


The administrative assistant might seem like someone whose job is simply keeping everything filed and organized and scheduled. But they actually are the building block of the entire office, making everyone's lives function more smoothly and with good access to information when they need it.


 


Sometimes I have so many things crossing my desk at a given time that I can get a bit overwhelmed. When this happens I take a deep breath and focus on prioritizing the work. Then I get a clear head again and can dive back in.

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Q:

The yield to maturity on a discount bond is

A) equal to both the coupon rate / current yeild B) less than the current yeild but greater than the coupon rate
C) greater than both the coupon rate / current yeild D) equal to the current yeild but greater than the coupon rate
 
Answer & Explanation Answer: A) equal to both the coupon rate / current yeild

Explanation:

Yield to maturity is a concept for fixed rate bonds and is the internal rate of return i.e. the rate at which future flows are discounted on a compound basis to give the present value of the bond including accrued interest.

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

1 2818
Q:

When finally block is executed?

Answer

If exception is generated  in try and if that exception is not catch by any catch then finally is executed.


If exception is generated in try and if that exception is caught by one of catch statements then also finally is executed.


if no exception is generated then also finally is executed.

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Subject: Java

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Q:

What is Test Harness?

Answer

“In software testing, a test harness or automated test framework is a collection of software and test data configured to test a program unit by running it under varying conditions and monitor its behavior and outputs. It has two main parts: the test execution engine and the test script repository.”


 

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Subject: QA Testing

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