Interview Questions

Q:

Capitalism is characterized by which of the following?

A) Profits B) A market economy
C) Privately owned businesses D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.


Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

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

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Q:

What is Catalog Views?

Answer

Catalog views return information that is used by the SQL Server Database Engine. Catalog Views are the most general interface to the catalog metadata and provide the most efficient way to obtain, transform, and present customized forms of this information. All user- available catalog metadata is exposed through catalog views.

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Subject: SQL

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Q:

What is true about personal financial planning?

A) Personal financial planning is the process of creating and achieving financial goals B) Our financial decisions decrease once we reach adulthood
C) A family's resources are unlimited D) There are two means for achieving financial goals—you either need to increase your spending or reduce savings
 
Answer & Explanation Answer: A) Personal financial planning is the process of creating and achieving financial goals

Explanation:

Personal financial planning is the process of creating and achieving financial goals.

 

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

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

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Q:

What is Bit Mapped Index?

Answer

Bitmap indexes make use of bit arrays (bitmaps) to answer queries by performing bitwise logical operations.


Bitmap indexes are useful in the data warehousing applications.


Bitmap indexes have a significant space and performance advantage over other structures for such data.


Tables that have less number of insert or update operations can be good candidates.


The advantages of Bitmap indexes are:


   - They have a highly compressed structure, making them fast to read.


   - Their structure makes it possible for the system to combine multiple indexes together so that they can      access the underlying table faster.


The Disadvantage of Bitmap indexes is:


  - The overhead on maintaining them is enormous. 

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Q:

Fixed Foreign Exchange rate can be changed by

A) SEBI B) Ministry of Finance
C) RBI D) All of the above
 
Answer & Explanation Answer: C) RBI

Explanation:

Fixed Foreign Exchange rate can be changed by Reserve Bank Of India (RBI).

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

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Q:

What is IUnknown and what are its three parts?

Answer

IUnknown as an interface of a COM object. Every COM object has to support IUnknown, besides optionally adding other interfaces.


IUnknown is made of QueryInterface, AddRef and Release.

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Q:

How can we achieve singleton pattern in iOS?

Answer

The Singleton design pattern ensures a class only has one instance, and provides a global point of access to it. The class keeps track of its sole instance and ensures that no other instance can be created. Singleton classes are appropriate for situations where it makes sense for a single object to provide access to a global resource.Several Cocoa framework classes are singletons. They includeNSFileManager, NSWorkspace, NSApplication, and, in UIKit,UIApplication. A process is limited to one instance of these classes. When a client asks the class for an instance, it gets a shared instance, which is lazily created upon the first request.

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Subject: IOS

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Q:

What is market risk?

Answer

It refers to the possibility for an investor to experience  losses due to  factors that affect the overall performance of the financial markets. Market risk cannot be eliminated through diversification, though it can be hedged against. The sources of market risk include natural disasters, recessions, political turmoil, changes in interest rates and terrorist attacks.

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