10+ Interview Questions and Answers

A journal entry for a buy transaction involves debiting the asset account and crediting the cash account.

• Debit the asset account for the cost of the purchase

• Credit the cash account for the amount paid

• If the purchase was made on credit, credit the accounts payable account instead of cash

• Example: Debit Equipment for $10,000 and credit Cash for $10,000

I performed testing by utilizing various unit testing modules such as JUnit and Mockito.

• Utilized JUnit for testing individual units of code

• Used Mockito for mocking dependencies in unit tests

• Implemented test cases to ensure proper functionality and identify bugs

Incentive fees are calculated based on a percentage of the profits earned by the investment manager.

• Incentive fees are typically calculated as a percentage of the profits earned by the investment manager

• The percentage charged can vary depending on the terms of the agreement between the investment manager and the client

• For example, if the investment manager earns a profit of $100,000 and the agreed-upon incentive fee is 20%, the fee would be $20,000

• Incentive fees are often use...read more

List comprehension to find even numbers from 0 to 11

• Use list comprehension with condition for even numbers

• Syntax: [x for x in range(12) if x % 2 == 0]

• Example: ['0', '2', '4', '6', '8', '10']

The capital market is a financial market where individuals and institutions trade financial securities.

• It facilitates the buying and selling of stocks, bonds, and other long-term investments.

• It provides a platform for companies to raise capital by issuing stocks or bonds.

• Investors can earn returns through capital appreciation or dividends.

• Examples of capital market institutions include stock exchanges, investment banks, and mutual funds.

Secure access to page in Angular can be implemented using route guards.

• Route guards can be used to restrict access to certain pages based on user authentication and authorization.

• AuthGuard can be used to check if the user is authenticated before allowing access to a page.

• RoleGuard can be used to check if the user has the necessary role to access a page.

• CanActivateChild can be used to restrict access to child routes.

• CanDeactivate can be used to prevent navigation away from a p...read more

NAV is Net Asset Value, expenses are costs incurred by a fund, CFD is Contract for Difference, Corporate Action refers to events that impact a company's securities.

• NAV is the value of a fund's assets minus its liabilities, divided by the number of shares outstanding.

• Expenses in a fund include management fees, administrative costs, and other operational expenses.

• CFD is a financial derivative that allows traders to speculate on the price movements of an asset without owning the...read more

Logistic Regression is a statistical method used to predict the probability of a binary outcome based on one or more predictor variables.

• Logistic Regression is used when the dependent variable is binary (e.g. 0 or 1, Yes or No).

• It estimates the probability that a given outcome is true based on input variables.

• It uses a logistic function to model the relationship between the dependent variable and independent variables.

• One use case of Logistic Regression is predicting whether ...read more

Angular uses various techniques for communication between components.

• Input and Output decorators for parent-child communication

• EventEmitter for custom events

• Services for sharing data between unrelated components

• RxJS for reactive programming and observables

• ViewChild and ContentChild for accessing child components

Stock split is when a company divides its existing shares into multiple shares, while reverse split is when a company combines existing shares into fewer shares.

• Stock split increases the number of shares outstanding, but decreases the price per share.

• Reverse split decreases the number of shares outstanding, but increases the price per share.

• Stock split is usually done to make shares more affordable for investors, while reverse split is done to increase the share price.

• Example...read more

Subscription and redemption are processes in which investors can buy or sell shares of a mutual fund.

• Subscription is the process of buying shares of a mutual fund.

• Redemption is the process of selling shares of a mutual fund.

• Investors can subscribe to a mutual fund by investing a certain amount of money.

• Investors can redeem their shares by selling them back to the mutual fund.

• Subscription and redemption prices are based on the net asset value (NAV) of the mutual fund.

The golden rules are fundamental principles or guidelines that are considered to be universally true and important.

• Golden rules are basic principles that are believed to be essential for success or happiness.

• They are often based on moral or ethical values.

• Examples include 'treat others as you want to be treated' and 'honesty is the best policy.'

Test driven development is a software development process where tests are written before the actual code.

• Write a failing test case based on requirements

• Write the minimum code to pass the test

• Refactor the code to improve quality and maintainability

• Repeat the process for each new feature or change

The golden rules are fundamental principles or guidelines that should be followed for success or ethical behavior.

• Golden rules are universal and timeless.

• They are often based on moral or ethical values.

• Examples include 'treat others as you want to be treated' and 'do unto others as you would have them do unto you.'

Hedging is a risk management strategy used to offset potential losses by taking an opposite position in a related asset or security.

• Hedging involves taking a position in a financial instrument to reduce or offset the risk of price movements in another asset.

• Common hedging strategies include using options, futures contracts, and derivatives.

• For example, a company may hedge against currency fluctuations by entering into a forward contract to lock in an exchange rate.

• Hedging can...read more