Interview Questions

Q:

The interest-rate effect suggests that

A) an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending. B) a decrease in the supply of money will increase interest rates and reduce interest-sensitive consumption and investment spending
C) an increase in the price level will decrease the demand for money, reduce interest rates, and increase consumption and investment spending. D) an increase in the price level will increase the demand for money, reduce interest rates, and decrease consumption and investment spending.
 
Answer & Explanation Answer: A) an increase in the price level will increase the demand for money, increase interest rates, and decrease consumption and investment spending.

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

0 2086
Q:

When should I use abstract classes and when should I use interfaces?

Answer

Use Interfaces when…


- You see that something in your design will change frequently.


- If various implementations only share method signatures then it is better to use Interfaces.


- You need some classes to use some methods which you don't want to be included in the class, then you go for the interface, which makes it easy to just implement and make use of the methods defined in the interface.


 


Use Abstract Class when…


- If various implementations are of the same kind and use common behavior or status then abstract class is better to use.


- When you want to provide a generalized form of abstraction and leave the implementation task with the inheriting subclass.


- Abstract classes are an excellent way to create planned inheritance hierarchies. They're also a good choice for nonleaf classes in class hierarchies.

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Subject: Java

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Q:

What are the things that you need to check in a retail market, as a first line supervisor?

Answer

Applicant should answer that as a first line supervisor, he/she should directly supervise sales workers in a retail department. He/She would get involved in management functions such as purchasing, budgeting, accounting and ensure quality of supply apart from his/her regular supervisor work.

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Subject: Retail

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Q:

How do you calculate gratuity?

Answer

Gratuity is paid to all such employees after their resignation or retirement.Incase of resignation gratuity is paid to such employees who have completed 5 years of service.


Calculation of gratuity = Basic + DA x (15/26) x Total no. yrs service


15- Half month


26- Excluding 4 sundays

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Q:

The credit balance in the bank account is

A) amount liable to pay by bank B) amount liable to pay by customer
C) Both A + B D) None of the above
 
Answer & Explanation Answer: A) amount liable to pay by bank

Explanation:

Bank credit balance meant that the banker is laible to paid us.

And if we have a credit balance accouding to bank statement is mean we have " cash at bank" and in our book we show in the assets side but bank show laiblities side.

 

Hence, The credit balance in the bank account is the amiunt we have in our account and we are eligible to withdraw that.

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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 the use of API’s in cloud services?

Answer

API stands for Application programming interface is very useful in cloud platforms as it allows easy implementation of it on the system. It removes the need to write full fledged programs. It provides the instructions to make the communication between one or more applications. It also allows easy to create application with ease and link the cloud services with other systems.

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Subject: Cloud Computing

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Q:

In recording an accounting transaction in a double-entry system

A) there must always be entries made on both sides of the accounting equation. B) the amount of the debits must equal the amount of the credits.
C) there must only be two accounts affected by any transaction. D) the number of debit accounts must equal the number of credit accounts.
 
Answer & Explanation Answer: B) the amount of the debits must equal the amount of the credits.

Explanation:
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Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following most impacts your credit score?

A) Payment History B) Paying off your credit card bill
C) credit card bill due D) All of the above
 
Answer & Explanation Answer: B) Paying off your credit card bill

Explanation:

Paying off your credit card bill most impacts your credit score.

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

0 2081