Arminus Software Interview Questions and Answers

Loan life cycle refers to the stages involved in the processing and management of a loan.

• The loan life cycle includes origination, underwriting, funding, servicing, and collection.

• Origination involves the application and approval process.

• Underwriting involves assessing the borrower's creditworthiness and determining the terms of the loan.

• Funding involves disbursing the loan amount to the borrower.

• Servicing involves man...read more

Software life cycle is the process of developing software from conception to retirement.

• It includes phases like planning, design, development, testing, deployment, and maintenance.

• Each phase has its own set of activities and deliverables.

• The life cycle model can be iterative, sequential, or a combination of both.

• Examples of life cycle models include Waterfall, Agile, and DevOps.

Construction procedure in civil engineering involves planning, designing, executing, and maintaining structures like buildings, roads, bridges, etc.

• Initial planning and design phase where the project requirements are determined

• Obtaining necessary permits and approvals from local authorities

• Site preparation including clearing, grading, and excavation

• Construction phase involving building the structure according to the de...read more

Daily routine in construction involves quality checks and technical development.

• Inspecting materials and workmanship for quality control

• Ensuring compliance with building codes and regulations

• Implementing and monitoring safety protocols

• Collaborating with engineers and architects for technical development

• Training and mentoring staff on new construction techniques