200+ Interview Questions and Answers

Software Development Life Cycle (SDLC) is a process followed by software development teams to design, develop, and test high-quality software.

• SDLC consists of several phases including planning, analysis, design, development, testing, deployment, and maintenance.

• Each phase has its own set of activities and deliverables that must be completed before moving on to the next phase.

• SDLC models include Waterfall, Agile, and DevOps, each with its own approach to software development.

• S...read more

Software testing is the process of evaluating a software application or system to ensure it meets the specified requirements.

• Software testing is done to identify defects or errors in the software.

• It involves executing the software with test cases and comparing the actual results with expected results.

• Different types of testing include unit testing, integration testing, system testing, and acceptance testing.

• Testing can be manual or automated, depending on the complexity and r...read more

AML stands for Anti-Money Laundering, which refers to the laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.

• AML is a set of regulations and procedures aimed at detecting and preventing money laundering activities.

• Financial institutions are required to have AML programs in place to monitor and report suspicious activities.

• KYC (Know Your Customer) is a key component of AML, as it involves verifying the ...read more

Data query in SQL problem solving

• Identify the problem statement and requirements

• Design the SQL query to fetch the required data

• Optimize the query for performance

• Test the query with sample data

• Refine the query based on feedback

TWRR measures the compound rate of return over multiple sub-periods, while MWRR measures the rate of return over a single period.

• TWRR considers the impact of cash flows during the investment period, while MWRR does not.

• TWRR is more suitable for evaluating the performance of a portfolio over time, while MWRR is more suitable for evaluating the performance of a single investment.

• TWRR is also known as the time-weighted rate of return, while MWRR is also known as the money-weight...read more

There are three classifications in IFRS 9: amortized cost, fair value through other comprehensive income, and fair value through profit or loss.

• Amortized cost classification is for financial assets that are held within a business model whose objective is to hold assets in order to collect contractual cash flows.

• Fair value through other comprehensive income classification is for financial assets that are held within a business model whose objective is achieved by both collecti...read more

Mutual funds are investment vehicles that pool money from multiple investors to purchase securities.

• There are several types of mutual funds, including equity funds, bond funds, money market funds, and balanced funds.

• Equity funds invest in stocks, while bond funds invest in fixed-income securities.

• Money market funds invest in short-term, low-risk securities, and balanced funds invest in a mix of stocks and bonds.

• Mutual funds can also be categorized by their investment style, s...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.

Trade life cycle refers to the stages involved in a trade, from initiation to settlement.

• Trade initiation: The process of identifying and initiating a trade.

• Trade execution: The actual buying or selling of the financial instrument.

• Trade confirmation: Confirming the details of the trade with the counterparty.

• Trade settlement: The process of exchanging the financial instrument for payment.

• Trade reconciliation: Comparing and matching the trade details between different systems.

• T...read more

Object oriented programming is a programming paradigm based on the concept of objects, which can contain data and code.

• Objects are instances of classes, which define the structure and behavior of the objects.

• Encapsulation, inheritance, and polymorphism are key principles of object oriented programming.

• Example: Inheritance allows a subclass to inherit attributes and methods from a superclass.

MBS in reconciliation stands for Mortgage-Backed Securities in reconciliation, which involves ensuring that the cash flows from mortgage loans match the payments to investors.

• MBS are financial products that are created by pooling together various mortgage loans and selling them to investors.

• Reconciliation in this context involves comparing the cash flows from the underlying mortgage loans with the payments made to MBS investors.

• Any discrepancies in the cash flows need to be i...read more

The trade life cycle refers to the stages involved in a trade from initiation to settlement.

• Initiation: Trade is proposed and agreed upon by parties involved.

• Execution: Trade is executed on the agreed terms.

• Confirmation: Parties confirm the details of the trade.

• Clearing: Trade details are sent to clearing house for validation.

• Settlement: Actual exchange of funds and securities takes place.

• Post-trade processing: Reconciliation and reporting of the trade.

• Risk management: Monito...read more

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.'

Financial statements include balance sheet, income statement, and cash flow statement. Ratios include liquidity, profitability, and solvency ratios.

• Balance sheet shows a company's assets, liabilities, and equity at a specific point in time

• Income statement shows a company's revenue, expenses, and net income over a period of time

• Cash flow statement shows a company's cash inflows and outflows over a period of time

• Liquidity ratios measure a company's ability to meet short-term ob...read more

Object-oriented programming concepts and reusable solutions for common problems.

• Encapsulation, inheritance, and polymorphism are key OOP concepts.

• Design patterns provide reusable solutions for common programming problems.

• Examples of design patterns include Singleton, Factory, and Observer.

• Understanding OOP and design patterns can lead to more efficient and maintainable code.

A master feeder structure is a type of investment structure where multiple feeder funds pool their assets into a single master fund.

• A master feeder structure is commonly used in the hedge fund industry.

• Feeder funds are typically established in different jurisdictions to attract investors from various regions.

• The feeder funds pool their assets and invest them into the master fund, which then manages the combined assets.

• This structure allows for centralized management and econo...read more

Capital market is a financial market where long-term securities are traded. Types of dividends include cash, stock, property, and liquidating.

• Capital market is a market for long-term securities such as stocks, bonds, and mutual funds

• It is a platform for companies to raise funds for their long-term investments

• Dividends are payments made by companies to their shareholders as a reward for investing in their company

• Types of dividends include cash, stock, property, and liquidating...read more

A prime number code is a program that identifies and prints out prime numbers in a given range.

• Identify prime numbers using a loop and checking for factors

• Print out the prime numbers found in the range

• Handle edge cases like 0 and 1 not being prime numbers

I have a Bachelor's degree in Computer Science and 5 years of experience in data analysis.

• Bachelor's degree in Computer Science

• 5 years of experience in data analysis

• Proficient in SQL, Python, and Tableau

• Experience in creating data visualizations and dashboards

• Strong analytical and problem-solving skills

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

Coldfusion provides built-in functions for sorting data.

• Use the ArraySort() function to sort an array in ascending order.

• Use the ArraySort() function with the 'numeric' attribute to sort numeric values.

• Use the ArraySort() function with the 'textnocase' attribute to sort case-insensitive text values.

• Use the ArraySort() function with the 'desc' attribute to sort in descending order.

• Use the StructSort() function to sort a structure based on its keys.

Yes, TWRR does use cashflows to calculate investment performance.

• Time-Weighted Rate of Return (TWRR) takes into account the impact of cashflows on investment performance.

• Cashflows are factored in to accurately measure the return on investment over time.

• TWRR is commonly used in the finance industry to evaluate the performance of investment portfolios.

• For example, if an investor adds or withdraws funds from their portfolio, TWRR will adjust for these cashflows to provide a more...read more

V model is a software development model that emphasizes testing at each stage. Bug life cycle is the process of a bug from detection to closure.

• V model is a sequential development process where each phase is associated with a corresponding testing phase

• It consists of Verification phases (requirements, design, and coding) and Validation phases (system testing, acceptance testing)

• Bug life cycle includes stages like New, Assigned, Open, Fixed, Retest, Verified, and Closed

• Bug mov...read more

I am highly proficient in SQL with extensive experience in writing complex queries, optimizing database performance, and designing database schemas.

• Extensive experience writing complex SQL queries

• Optimizing database performance through SQL

• Designing database schemas using SQL

• Familiar with advanced SQL concepts such as joins, subqueries, and indexing

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

• The three golden rules of accounting are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules ensure that every transaction is recorded accurately and consistently.

• For example, when a company receives cash from a customer, the cash account is debited (increased) and the accounts r...read more

Withholding tax is a tax deducted at source from payments made to non-residents.

• It is a tax deducted by the payer from the payment made to the payee.

• It is applicable to non-residents who earn income in a foreign country.

• The tax is withheld by the payer and paid to the government on behalf of the payee.

• The rate of withholding tax varies depending on the type of income and the country.

• Examples include dividend withholding tax, interest withholding tax, and royalty withholding t...read more

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

• The three golden rules of accounting are: 1. Debit the receiver, credit the giver 2. Debit what comes in, credit what goes out 3. Debit expenses and losses, credit income and gains

• These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

• For example, when a company receives cash from a customer, the cash account i...read more

Risk management is the process of identifying, assessing, and prioritizing risks followed by coordinated and economical application of resources to minimize, monitor, and control the probability and impact of unfortunate events.

• Identifying potential risks that could impact an organization's objectives

• Assessing the likelihood and impact of each risk

• Prioritizing risks based on their potential impact

• Developing strategies to manage and mitigate risks

• Monitoring and controlling ris...read more

Mutual funds pool money from multiple investors to invest in a diversified portfolio of securities.

• Investors buy shares of the mutual fund, which represents a portion of the holdings in the fund.

• Professional fund managers make investment decisions on behalf of the investors.

• Mutual funds offer diversification, liquidity, and professional management.

• Investors can choose from different types of mutual funds based on their investment goals and risk tolerance.

• Examples of mutual fu...read more

Product management focuses on the overall strategy, vision, and roadmap of a product, while project management focuses on the specific tasks, timelines, and resources needed to complete a project.

• Product management involves defining the product strategy, prioritizing features, and working with cross-functional teams to bring the product to market.

• Project management involves creating a project plan, assigning tasks, managing timelines, and ensuring that the project is complete...read more

I regularly communicate with stakeholders to gather requirements and provide updates on project progress.

• Scheduled regular meetings with stakeholders to discuss project goals and timelines

• Maintained open communication channels to address any concerns or changes in requirements

• Provided frequent updates on project progress and milestones achieved

• Collaborated with stakeholders to ensure alignment on project objectives and deliverables

Loans are financial agreements where a lender provides money to a borrower, who agrees to repay the loan with interest over a set period of time.

• Loans involve a lender providing money to a borrower, who agrees to repay the loan with interest.

• Types of loans include personal loans, mortgage loans, auto loans, student loans, and business loans.

• Interest rates, repayment terms, and eligibility criteria vary depending on the type of loan.

• Secured loans require collateral, while unse...read more

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.'

Program to find n numbers that sum up to a target number.

• Take input of target number and n

• Use a loop to take input of n numbers

• Check if sum of n numbers is equal to target number

• If yes, print the n numbers

• If no, try again with different n numbers

Normalization in DBMS is the process of organizing data in a database to reduce redundancy and improve data integrity.

• Normalization involves breaking down a database into smaller, more manageable tables and defining relationships between them.

• It helps in reducing data redundancy by storing data in a structured and organized manner.

• Normalization also helps in improving data integrity by ensuring that data is consistent and accurate.

• There are different normal forms such as 1NF,...read more

Joins in SQL are used to combine rows from two or more tables based on a related column between them.

• Joins are used to retrieve data from multiple tables based on a related column between them

• Common types of joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN

• INNER JOIN returns rows when there is at least one match in both tables

• LEFT JOIN returns all rows from the left table and the matched rows from the right table

• RIGHT JOIN returns all rows from the right table an...read more

Software is a set of instructions that tells a computer what to do.

• Software is a collection of programs, data, and instructions that tell a computer how to perform specific tasks.

• It can be categorized into system software, application software, and middleware.

• Examples of software include Microsoft Office, Adobe Photoshop, and Google Chrome.

Iterate through the linked list and reverse the pointers in 3 steps

• Iterate through the linked list and keep track of the previous, current, and next nodes

• Update the pointers to reverse the direction of the nodes

• Repeat the process until the end of the linked list is reached

Defect Life Cycle is the process of identifying, reporting, fixing, retesting, and closing software defects.

• Defect identification: Finding and documenting the issue in the software.

• Defect reporting: Informing the development team about the identified defect.

• Defect fixing: Developers resolve the reported defect.

• Defect retesting: QA team verifies if the defect is fixed correctly.

• Defect closing: Once the defect is confirmed as fixed, it is closed.

Cascade refers to the automatic propagation of changes made to a parent record to its related child records.

• Cascade is a feature in database management systems that ensures data consistency and integrity.

• It allows changes made to a parent record to be automatically reflected in its related child records.

• For example, if a parent record is deleted, all its child records will also be deleted automatically.

• Cascade can be set up for various types of actions, such as update, delete...read more

A complex SQL query involves multiple tables, joins, subqueries, and functions to retrieve specific data.

• Identify the tables and columns needed for the query

• Use JOIN statements to combine data from multiple tables

• Use subqueries to retrieve data from a subset of the main query

• Use aggregate functions like COUNT, SUM, AVG, etc. to perform calculations on data

• Use GROUP BY to group data based on a specific column

• Use HAVING to filter data based on aggregate function results

• Use ORDE...read more

Spring Boot is built on top of Spring and provides additional features and ease of use.

• Spring Boot provides auto-configuration which reduces the amount of boilerplate code needed.

• Spring Boot has embedded servers which makes it easy to deploy applications.

• Spring Boot provides a variety of starter dependencies which makes it easy to add commonly used libraries.

• Spring Boot provides Actuator which provides insight into the running application.

• Spring Boot provides a simpler and fa...read more

Mutual fund is a type of investment vehicle consisting of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

• Mutual funds are managed by professional fund managers who invest the pool of funds into various securities.

• Investors in a mutual fund share the profits and losses of the fund in proportion to their investments.

• Mutual funds provide diversification, liquidity, and pro...read more

Program to reverse a number

• Convert the number to a string to easily manipulate each digit

• Iterate through the string in reverse order and append each digit to a new string

• Convert the reversed string back to an integer

Event loop is a mechanism in JavaScript that handles asynchronous operations.

• Event loop continuously checks the call stack and the task queue.

• If the call stack is empty, it takes the first task from the queue and pushes it to the call stack.

• Callbacks are added to the task queue when an asynchronous operation is completed.

• Event loop ensures that the code runs in a non-blocking way.

• Example: setTimeout() function adds a callback to the task queue after a specified time interval.

Reconciliations involve comparing financial records to ensure they are accurate and in agreement.

• Reconciliations involve comparing two sets of records to ensure they match

• Common types of reconciliations include bank reconciliations and account reconciliations

• Reconciliations help identify discrepancies and errors in financial records

• Examples include reconciling bank statements with internal records and reconciling accounts receivable with customer payments

Merge sort is a divide and conquer algorithm that divides the input array into two halves, sorts them recursively, and then merges them back together.

• Divide the array into two halves

• Recursively sort each half

• Merge the sorted halves back together

KMP Search Algorithm is a string searching algorithm that finds occurrences of a word within a main text.

• KMP algorithm is based on the idea of pre-processing the pattern to avoid unnecessary comparisons.

• It uses a prefix function to determine the longest proper prefix of the pattern that is also a suffix.

• This allows the algorithm to skip characters in the text that cannot be part of the pattern, improving efficiency.

Credit risk refers to the potential loss that a lender may face if a borrower fails to repay a loan or debt.

• Credit risk is the risk of default on a loan or debt by a borrower.

• It is the possibility of loss due to non-payment of interest or principal by the borrower.

• Credit risk can be mitigated by assessing the creditworthiness of the borrower and setting appropriate terms and conditions.

• Examples of credit risk include default on a mortgage, credit card debt, or business loans....read more

Golden rules of account refer to basic principles of accounting that should be followed to maintain accurate financial records.

• Debit the receiver, credit the giver

• Debit what comes in, credit what goes out

• Every debit has a corresponding credit

• Assets = Liabilities + Equity

• Revenue - Expenses = Net Income

Solid patterns are a set of five design principles to make software designs more understandable, flexible, and maintainable.

• Single Responsibility Principle: A class should have only one reason to change.

• Open/Closed Principle: Software entities should be open for extension but closed for modification.

• Liskov Substitution Principle: Objects of a superclass should be replaceable with objects of its subclasses without affecting the functionality.

• Interface Segregation Principle: A ...read more

Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.

• Derivatives can be used for hedging risk, speculating on price movements, or gaining exposure to assets without owning them.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives can be traded on exchanges or over-the-counter (OTC).

• They are often used by investors, companies, and financial institutions to manage risk or enhance returns.

To handle pressure of work, I prioritize tasks, break them into smaller steps, delegate when possible, and practice stress management techniques.

• Prioritize tasks based on urgency and importance

• Break tasks into smaller, manageable steps

• Delegate tasks to team members when appropriate

• Practice stress management techniques like deep breathing, meditation, or exercise

• Maintain a positive attitude and focus on problem-solving rather than getting overwhelmed

• Seek support from colleague...read more

A Scrum Master is a facilitator for an agile development team, responsible for ensuring the team follows Scrum practices and values.

• Facilitates Scrum events such as daily stand-ups, sprint planning, sprint review, and sprint retrospective

• Helps the team understand and implement Scrum principles and practices

• Removes impediments to the team's progress

• Acts as a coach and mentor to the team members

• Ensures that the team is self-organizing and cross-functional

Scrum meetings are daily stand-up meetings where team members discuss progress, challenges, and plans for the day.

• Team members discuss what they did yesterday, what they plan to do today, and any obstacles they are facing.

• The meetings are time-boxed to keep them short and focused.

• They are usually held at the same time and place every day.

• The Scrum Master facilitates the meeting to ensure it stays on track.

• It is a way for the team to stay aligned and address any issues quickly...read more

Structured finance is a complex financial instrument that involves pooling and repackaging of cash flow-generating assets into securities.

• Involves pooling and repackaging of cash flow-generating assets

• Securities are created from these assets

• Used to create customized financing solutions for specific needs

• Common examples include collateralized debt obligations (CDOs) and mortgage-backed securities (MBS)

Preparing cash flow involves analyzing income and expenses to track the movement of cash in and out of a business.

• Start by listing all sources of income, such as sales revenue, investments, and loans.

• Next, list all expenses including rent, utilities, salaries, and loan payments.

• Calculate the net cash flow by subtracting total expenses from total income.

• Analyze the cash flow statement to identify trends, potential issues, and opportunities for improvement.

• Use cash flow project...read more

Securitization is the process of pooling various types of debt, such as mortgages or credit card debt, and selling them as securities to investors.

• Securitization involves bundling together various types of debt into a single security.

• These securities are then sold to investors, who receive payments based on the underlying debt.

• Common examples of securitization include mortgage-backed securities and asset-backed securities.

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of stocks, bonds, or other securities.

• Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.

• Investors can buy shares of mutual funds, which represent a portion of the holdings in the fund.

• Mutual funds offer diversification, liquidity, and professional management to investors.

• There are different types of mut...read more

Industry trends are shifting towards automation, AI, and sustainability.

• Automation is being implemented in various industries to increase efficiency and reduce costs.

• AI is being used for data analysis, customer service, and predictive maintenance.

• Sustainability is becoming a priority for companies, with a focus on reducing waste and carbon emissions.

• Remote work and digital transformation are also on the rise due to the pandemic.

• E-commerce and online shopping have seen a signi...read more

Repricing of HTM securities refers to the adjustment of the value of securities held until maturity.

• Repricing is done to reflect changes in market interest rates

• It affects the book value of the securities

• Repricing can result in gains or losses for the holder

• HTM securities are held until maturity and are not actively traded

Object-oriented programming concepts that help in creating modular and reusable code.

• Abstraction - hiding implementation details

• Encapsulation - binding data and functions together

• Inheritance - creating new classes from existing ones

• Polymorphism - using a single interface to represent multiple types

• Composition - combining objects to create more complex ones

Accounts receivable refers to the money owed to a company by its customers for goods or services provided on credit.

• A customer purchases goods on credit and agrees to pay within 30 days

• A company bills a client for services rendered and expects payment within 60 days

• A retailer allows a customer to pay for a purchase in installments over a period of time

• A supplier ships goods to a customer and invoices them for payment upon receipt

• A landlord bills a tenant for rent and expects ...read more

Derivatives are financial instruments whose value is derived from an underlying asset or benchmark.

• Derivatives are contracts between two parties that specify the conditions for buying or selling an asset at a future date and price.

• They are used for hedging against price fluctuations, speculating on future price movements, or gaining exposure to an asset without owning it.

• Examples of derivatives include futures contracts, options, swaps, and forward contracts.

Types of corporate actions include dividends, mergers, acquisitions, stock splits, and spin-offs.

• Dividends: Payments made by a corporation to its shareholders

• Mergers: Combination of two companies to form a new entity

• Acquisitions: One company purchasing another company

• Stock Splits: Division of existing shares into multiple shares

• Spin-offs: Creation of a new independent company through the sale or distribution of existing assets

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

A constant is a value that does not change during the execution of a program.

• Constants are used to store values that remain the same throughout the program.

• They are declared using the 'const' keyword in many programming languages.

• Examples include mathematical constants like pi (3.14159) or physical constants like the speed of light (299,792,458 m/s).

The question is unclear. Please provide more context.

• Please provide more information about what you are asking regarding duration and types.

• Are you asking about the duration and types of a specific project or task?

• Without more context, it is difficult to provide a meaningful answer.

Corporate Action refers to any event initiated by a publicly traded company that impacts its shareholders and may require their response or decision.

• Corporate Action is a term used in the financial industry to describe any event that affects a company's shareholders.

• These events can include stock splits, dividends, mergers, acquisitions, rights issues, spin-offs, and more.

• Corporate Actions can be voluntary or mandatory, and they often require shareholders to take some action ...read more

Reconciliation is the process of comparing two sets of records to ensure they are in agreement.

• Reconciliation involves verifying and adjusting financial transactions to ensure accuracy.

• It is commonly used in banking, accounting, and other financial industries.

• Examples include reconciling bank statements with internal records, or matching invoices with payments.

• The goal of reconciliation is to identify and resolve any discrepancies between the two sets of records.

General ledger is a complete record of financial transactions of a company, organized by accounts.

• It contains all debit and credit entries for each account

• Used to prepare financial statements like balance sheet and income statement

• Helps in tracking financial performance and making informed business decisions

A derivative is a financial contract whose value is derived from the performance of an underlying asset, index, or interest rate.

• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• For example, a stock option gives the holder the right to buy or sell a stock at a specified price within a certain time frame.

The system design of the Bloomberg website involves high availability, scalability, and real-time data processing.

• Use of distributed systems for high availability and scalability

• Real-time data processing for up-to-date financial information

• Caching mechanisms for faster access to frequently accessed data

• Load balancing to distribute traffic efficiently

• Use of content delivery networks (CDNs) for faster content delivery globally

Bonds are debt securities issued by companies or governments, while derivatives are financial contracts whose value is derived from an underlying asset.

• Bonds are used by companies and governments to raise capital by borrowing money from investors, who in turn receive periodic interest payments and the return of the principal amount at maturity.

• Derivatives are financial instruments that derive their value from an underlying asset, such as stocks, bonds, commodities, or currenc...read more

Delete removes specific rows while truncate removes all rows from a table.

• Delete is a DML command while truncate is a DDL command.

• Delete can be rolled back while truncate cannot be rolled back.

• Delete is slower than truncate as it logs each row deletion while truncate does not.

• Delete can have a WHERE clause to specify which rows to delete while truncate deletes all rows.

• Delete does not reset the identity of the table while truncate resets the identity of the table.

• Example: DEL...read more

BRS stands for Bank Reconciliation Statement.

• BRS is a statement that compares the bank balance as per the bank statement with the balance as per the company's books.

• It helps in identifying any discrepancies or errors in the bank transactions.

• The BRS is prepared by the company's accountant or accounts department.

• The statement includes details such as deposits, withdrawals, bank charges, and interest earned.

• The BRS is an important tool for ensuring the accuracy of financial rec...read more

Impediments in project can cause delays and hinder progress.

• Lack of clear communication

• Insufficient resources

• Scope creep

• Unrealistic timelines

• Poor project management

• Technical difficulties

• Team conflicts

A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets.

• Hedge funds are typically open to a limited number of accredited investors and require a large initial investment.

• They use a variety of strategies to achieve high returns, including leveraging, short selling, and derivatives trading.

• Hedge funds are known for their flexibility in investment options and their ability to generate high re...read more

Elicitation techniques are methods used to gather requirements from stakeholders.

• Interviews - one-on-one discussions with stakeholders

• Workshops - group sessions to gather requirements

• Observation - observing stakeholders in their work environment

• Prototyping - creating a mock-up of the solution to gather feedback

• Document analysis - reviewing existing documentation to gather requirements

• Surveys - collecting feedback from stakeholders through questionnaires

Client Onboarding Specialist manages the process of bringing new clients onboard.

• Responsible for gathering client information and ensuring compliance with regulations

• Coordinates with various departments to set up client accounts

• Provides support to clients during the onboarding process

• Maintains accurate records and documentation

• Communicates with clients to ensure a smooth onboarding experience

Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.

• Derivatives can be used for hedging, speculation, or arbitrage.

• Common types of derivatives include options, futures, forwards, and swaps.

• Derivatives allow investors to take on risk or hedge against risk in the financial markets.

• They are often used by institutional investors and traders to manage their exposure to various assets.

• For example, a farmer might use a futures con...read more

I am a dedicated and experienced team lead with a passion for motivating and guiding my team towards success.

• Experienced in leading teams to achieve goals

• Skilled in motivating team members

• Strong communication and problem-solving abilities

Money flows through various channels and transactions in the economy.

• Money flows through the banking system, where individuals and businesses deposit and withdraw funds.

• Money flows through financial markets, where investors buy and sell securities.

• Money flows through government spending and taxation, influencing the overall economy.

• Money flows through consumer spending, as individuals purchase goods and services.

• Money flows through business investments, as companies invest in...read more

The #include directive is used in C and C++ programming languages to include the contents of another file in the current file.

• Used to include header files that contain function prototypes and declarations

• Improves code organization and reusability

• Example: #include includes the standard input/output library in the current file

Pointers are variables that store memory addresses of other variables in programming languages like C and C++.

• Pointers are used to directly access and manipulate memory locations.

• They are often used for dynamic memory allocation and deallocation.

• Pointers can be used to pass variables by reference to functions.

• Example: int *ptr; // declaring a pointer variable

Percentage of 21 is calculated by multiplying 21 by the percentage value and dividing by 100.

• To find 10% of 21, multiply 21 by 0.10 (or 10/100) which equals 2.1

• To find 50% of 21, multiply 21 by 0.50 (or 50/100) which equals 10.5

• To find 75% of 21, multiply 21 by 0.75 (or 75/100) which equals 15.75

Quantitative analysts play a crucial role in decision making by providing data-driven insights and recommendations.

• Utilize statistical models to analyze data and identify trends

• Develop quantitative strategies to optimize decision making processes

• Collaborate with stakeholders to understand business objectives and provide relevant analysis

• Present findings and recommendations to support informed decision making

Onboarding involves introducing new hires to company policies, procedures, and culture.

• New hires are given an orientation to learn about the company's mission, vision, and values.

• They are introduced to their team and given a tour of the office.

• They are trained on company policies and procedures, including HR and IT policies.

• They are given access to necessary tools and systems, such as email and software.

• They may also receive job-specific training and shadowing opportunities.

• O...read more

SQL procedures are reusable blocks of code that can be called to perform a specific task.

• Procedures are created using the CREATE PROCEDURE statement.

• They can accept input parameters and return output parameters.

• Procedures can be called using the EXECUTE or CALL statement.

• They are used to encapsulate logic for tasks that need to be performed repeatedly.

• Procedures can improve performance by reducing network traffic.

Project architecture refers to the high-level structure of a software system, including components, relationships, and interactions.

• Project architecture defines how different components of a software system interact with each other.

• It includes the design decisions related to the organization of code, data, and resources.

• Common architectural patterns include MVC, microservices, and serverless.

• Architectural diagrams like UML diagrams are often used to visualize project architec...read more

A database is a structured collection of data that is stored and accessed electronically.

• Database is used to store and organize data in a structured manner

• It allows for efficient retrieval, insertion, and updating of data

• Examples of databases include MySQL, Oracle, and MongoDB

A shell script is a script written for a shell, or command-line interpreter, to automate tasks or execute commands.

• Shell scripts are used to automate repetitive tasks or execute commands in a Unix/Linux environment.

• They are written in a scripting language compatible with the shell being used (e.g. Bash, sh).

• Shell scripts can be used to perform system administration tasks, manage files, or automate software deployment.

• Example: a shell script to backup files daily, a script to ...read more

Flatmap implementation in Java is used to transform each element of a stream into a new stream and then concatenate the resulting streams into a single stream.

• Flatmap is a method in Java that takes a function as an argument and applies it to each element of a stream, resulting in a new stream.

• It is commonly used to deal with nested collections or to flatten a collection of collections.

• Example: List> nestedList = Arrays.asList(Arrays.asList(1, 2), Arrays.asList(3, 4)); nestedL...read more

Data structures algorithm is a way of organizing and storing data in a computer so that it can be accessed and used efficiently.

• Data structures are used to store and organize data in a way that allows for efficient access and manipulation.

• Common data structures include arrays, linked lists, stacks, queues, trees, and graphs.

• Algorithms are used to manipulate data structures in order to perform specific tasks, such as searching, sorting, and inserting or deleting elements.

• Choos...read more

Seeking new challenges and opportunities for growth

• Desire for career advancement

• Interest in working with new technologies or industries

• Seeking a more collaborative or innovative work environment