Interview Questions

Q:

What is the difference between paycheck and payslip?

Answer

Paycheck - this is the method by which the Employee is paid (A Bank Check/Cheque or Direct Deposit to Bank)


Payslip - Also called as Pay Stub is the paper which will typically detail the gross income and all taxes and any other deductions such as retirement plan contributions, insurances, garnishments, or charitable contributions taken out of the gross amount to arrive at the final net amount of the pay, also including the year to date totals in some circumstances.

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Q:

Pick out the correct method in the c++ standard library algorithm.

A) mismatch B) maximum
C) minimum D) None of these
 
Answer & Explanation Answer: A) mismatch

Explanation:

It is a method in the search opertion in standard library algorithms.

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Filed Under: C++

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Q:

What is ILOC (Irrevocable Letter Of Credit) ?

Answer

It is a letter of credit or a contractual agreement between financial institute (Bank) and the party to which the letter is handed. The ILOC letter cannot be cancelled under any circumstance and, guarantees the payment to the party. It requires the bank to pay against the drafts meeting all the terms of ILOC. It is valid upto the stated period of time. For example, if a small business wanted to contract with an overseas supplier for a specified item they would come to an agreement on the terms of the sale like quality standards and pricing, and ask their respective banks to open a letter of credit for the transaction. The buyer’s bank would forward the letter of credit to the seller’s bank, where the payment terms would be finalized and the shipment would be made.

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Subject: Bank Interview

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Q:

Convert the expression ((A + B) * C – (D – E) ^ (F + G)) to equivalent  Postfix notations.

A) AC + B * DE - FG +^- B) AB + C * DE - FG + ^-
C) AC + B* DE - FG -+ ^ D) AB + C * DE - FG -+ ^
 
Answer & Explanation Answer: B) AB + C * DE - FG + ^-

Explanation:
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Filed Under: Java

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Q:

Party account can be created through

Party_account_can_be_created_through1552996763.jpg image

A) Inventory creation window B) Group creation window
C) Ledger creation window D) Any of the above
 
Answer & Explanation Answer: C) Ledger creation window

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

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Q:

What operator tests column for the absence of data?

A) NOT operator B) IS NULL operator
C) EXISTS operator D) All of the above
 
Answer & Explanation Answer: B) IS NULL operator

Explanation:

SELECT "column_name"


FROM "table_name"


WHERE "column_name" IS NULL.

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Q:

What is the most important step in prioritizing goals?

A) deciding what is most important B) having multiple tasks lined up for each goal
C) determining categories for various goals D) writing a list of goals
 
Answer & Explanation Answer: A) deciding what is most important

Explanation:

Always prioritize by what's most important to what is less important to us to reach our goals as soon as possible.

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Q:

Series of interface points that allow other computers to communicate with the other layers of network protocol stack is called SAP

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:
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