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Ascentt Interview Questions and Answers

Updated 5 Feb 2024

Q1. Explain how Machine learning can be used to improve efficiency of the process in your company?

Ans.

Machine learning can improve efficiency by automating tasks, predicting outcomes, and identifying patterns.

  • Machine learning algorithms can automate repetitive tasks, freeing up time for employees to focus on more complex tasks.

  • Predictive models can be built to forecast demand, optimize inventory, and reduce waste.

  • Anomaly detection algorithms can identify patterns in data that may indicate inefficiencies or errors in the process.

  • Natural language processing can be used to analy...read more

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Q2. How would you use blockchain in practical application. Take real estate for example.

Ans.

Blockchain can be used in real estate for secure and transparent property transactions.

  • Blockchain can provide a secure and tamper-proof ledger for property ownership records.

  • Smart contracts can automate the process of property transfer and reduce the need for intermediaries.

  • Blockchain can enable fractional ownership of properties through tokenization.

  • Blockchain can also facilitate crowdfunding for real estate projects.

  • Examples of blockchain-based real estate platforms include...read more

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Q3. How will you use blockchain in stock market?

Ans.

Blockchain can be used to increase transparency, reduce fraud, and improve efficiency in stock market operations.

  • Blockchain can be used to create a decentralized stock exchange, eliminating the need for intermediaries.

  • Smart contracts can be used to automate the settlement process, reducing the time and cost of transactions.

  • Blockchain can provide a tamper-proof record of ownership and transaction history, increasing transparency and reducing fraud.

  • Tokenization of assets can ma...read more

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Q4. What is blockchain?

Ans.

Blockchain is a decentralized, digital ledger that records transactions in a secure and transparent manner.

  • Blockchain is a distributed database that stores information across a network of computers.

  • Each block in the chain contains a unique code called a hash, which links it to the previous block.

  • Once a block is added to the chain, it cannot be altered or deleted without consensus from the network.

  • Blockchain technology is used in cryptocurrencies like Bitcoin, as well as in in...read more

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Q5. Explain about Machine Learning.

Ans.

Machine learning is a subset of artificial intelligence that involves training algorithms to make predictions or decisions based on data.

  • Machine learning algorithms can be supervised, unsupervised, or semi-supervised.

  • Supervised learning involves training an algorithm on labeled data to make predictions on new, unlabeled data.

  • Unsupervised learning involves finding patterns in unlabeled data without any specific outcome in mind.

  • Semi-supervised learning involves training an algo...read more

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Q6. What is the power factor?

Ans.

Power factor is the ratio of real power to apparent power in an electrical circuit.

  • Power factor is a measure of how effectively electrical power is being used in a circuit.

  • It ranges from 0 to 1, with 1 indicating all power is being used effectively.

  • A low power factor can result in increased energy costs and inefficient power usage.

  • Power factor can be improved using power factor correction devices like capacitors.

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Q7. Define reflux ratio

Ans.

Reflux ratio is the ratio of the liquid reflux to the vapor boil-up in a distillation column.

  • Reflux ratio is important in distillation processes to achieve desired separation of components.

  • It is calculated as the ratio of the liquid returning to the column (reflux) to the vapor leaving the top of the column (boil-up).

  • A higher reflux ratio typically results in better separation but requires more energy input.

  • Conversely, a lower reflux ratio may lead to lower separation efficie...read more

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