Ally Financial Services Intern Interview Questions and Answers

Insurance provides financial protection against unforeseen events, while mutual funds pool money from multiple investors to invest in securities.

• Insurance is a contract between an individual and an insurance company where the individual pays premiums in exchange for financial protection against losses or damages.

• Types of insurance include life insurance, health insurance, auto insurance, and property insurance.

• Mutual f...read more

Polymorphism is the ability of a function or method to behave differently based on the object it is acting upon.

• Polymorphism allows objects of different classes to be treated as objects of a common superclass.

• There are two types of polymorphism: compile-time (method overloading) and runtime (method overriding).

• Example: Animal class with methods eat() and sleep(). Dog and Cat classes can inherit from Animal and override

Polymorphism in programming refers to the ability of a method to behave differently based on the object it is acting upon.

• Compile time polymorphism is achieved through method overloading, where multiple methods have the same name but different parameters.

• Run time polymorphism is achieved through method overriding, where a subclass provides a specific implementation of a method that is already defined in its superclass.

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