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20+ Empower Retirement Interview Questions and Answers

Updated 13 Oct 2024

Q1. Difference between DOM and Virtual DOM how are they different?

Ans.

DOM is a tree-like structure representing the HTML document, while Virtual DOM is a lightweight copy of the DOM.

  • DOM is the actual representation of the HTML document in the browser's memory.

  • Virtual DOM is a concept where a lightweight copy of the DOM is created and manipulated instead of directly modifying the actual DOM.

  • Changes made to the Virtual DOM are compared with the actual DOM, and only the necessary updates are applied to the real DOM, resulting in better performance...read more

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Q2. How do you learn new Technologies?

Ans.

I learn new technologies through a combination of self-study, online resources, and practical application.

  • I regularly read technical blogs, articles, and books to stay updated on the latest technologies.

  • I participate in online forums and communities to learn from and collaborate with other developers.

  • I take online courses and tutorials to gain in-depth knowledge and hands-on experience.

  • I work on personal projects or contribute to open-source projects to apply and reinforce my...read more

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Q3. How would you build an application from scratch?

Ans.

To build an application from scratch, I would follow a systematic approach that includes planning, designing, developing, testing, and deploying.

  • Define the purpose and scope of the application

  • Identify the target audience and their needs

  • Create a detailed plan and timeline

  • Design the user interface and user experience

  • Choose the appropriate technology stack

  • Write clean and maintainable code

  • Test the application thoroughly

  • Deploy the application and monitor its performance

  • Continuousl...read more

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Q4. what is host variable/ indicator variable in pro*c what is nvl cmd what is cursor in plsql what is %rowtype how to provide permission in Linux for files move n copy cmd functions n procedure in plsql some sql q...

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Ans.

Answers to questions related to Pro*C, PL/SQL, Linux permissions, and SQL queries.

  • Host variable is a variable declared in the host program and used in Pro*C program

  • Indicator variable is used to indicate the null value of a column in Pro*C

  • NVL is a function in Oracle that returns a specified value if the expression is null

  • Cursor is a pointer to a result set returned by a SQL statement in PL/SQL

  • %ROWTYPE is a record type that represents a row in a table or view in PL/SQL

  • Linux per...read more

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Q5. Implement a List, stream out the list and filter out all odd numbers.

Ans.

Implement a List, stream out the list and filter out all odd numbers.

  • Create a List object and add elements to it

  • Use stream() method to convert List to Stream

  • Use filter() method to filter out odd numbers

  • Use forEach() method to print the filtered list

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Q6. Implementing Spring / Spring-boot with it.

Ans.

Spring and Spring-boot are popular Java frameworks for building web applications.

  • Spring provides a comprehensive programming and configuration model for modern Java-based enterprise applications.

  • Spring-boot is an opinionated framework that simplifies the configuration and deployment of Spring applications.

  • Both frameworks provide features such as dependency injection, web MVC, data access, security, and more.

  • Example: @RestController annotation in Spring-boot can be used to cre...read more

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Q7. Write down test cases for money transfer from one account to another account

Ans.

Test cases for money transfer from one account to another account

  • Verify that the correct amount is deducted from the sender's account

  • Verify that the correct amount is credited to the receiver's account

  • Verify that the transaction is recorded in the transaction history of both accounts

  • Verify that the transaction is not processed if the sender's account balance is insufficient

  • Verify that the transaction is not processed if the receiver's account is inactive or closed

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Q8. Share insights on how you handled high volumes or peak volumes

Ans.

I have handled high volumes by optimizing processes, prioritizing tasks, and delegating responsibilities.

  • Analyzed data to identify peak periods and prepared staff accordingly

  • Implemented automation to reduce manual workload during high volumes

  • Prioritized tasks based on urgency and importance

  • Delegated responsibilities to team members based on their strengths and skills

  • Monitored performance and made adjustments as needed

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Q9. Joins in SQL write down the query

Ans.

SQL query for joins

  • Use JOIN keyword to combine data from two or more tables based on a related column

  • Types of joins: INNER JOIN, LEFT JOIN, RIGHT JOIN, FULL OUTER JOIN

  • Syntax: SELECT * FROM table1 JOIN table2 ON table1.column = table2.column

  • Example: SELECT * FROM customers JOIN orders ON customers.customer_id = orders.customer_id

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Q10. What is Bach processing

Ans.

Bach processing is a technique used in exploratory testing to design and execute test cases based on the tester's intuition and experience.

  • Bach processing is a manual testing technique

  • It involves designing and executing test cases based on the tester's intuition and experience

  • It is used in exploratory testing to uncover defects that may not be found through scripted testing

  • It is named after its creator, Michael Bolton, who named it after the composer Johann Sebastian Bach

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Q11. What is regression testing

Ans.

Regression testing is the process of testing changes made to a software application to ensure that existing functionality still works.

  • It is performed after making changes to the software

  • It ensures that existing functionality is not affected by the changes

  • It helps to identify any new defects introduced by the changes

  • It can be automated to save time and effort

  • Examples include testing a new version of an app or website after making updates

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Q12. What is empact analysis

Ans.

Empact analysis is a process of identifying the impact of a change on various aspects of a system.

  • Empact analysis helps in identifying the potential risks and benefits of a change.

  • It involves analyzing the impact of a change on people, processes, technology, and other relevant areas.

  • Empact analysis is commonly used in software development and project management.

  • For example, before implementing a new software feature, empact analysis can help identify how it will affect user e...read more

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Q13. What is provided fund & how it's works in India

Ans.

Provident Fund (PF) is a retirement savings scheme in India where both employees and employers contribute a portion of the employee's salary.

  • Employees contribute a percentage of their salary towards the Provident Fund.

  • Employers also contribute an equal amount to the employee's Provident Fund.

  • The accumulated amount in the Provident Fund can be withdrawn by the employee upon retirement or resignation.

  • The Provident Fund is managed by the Employees' Provident Fund Organisation (E...read more

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Q14. Can you differentiate US & INDIAN PF process

Ans.

US and Indian PF processes differ in eligibility criteria, contribution rates, withdrawal rules, and tax implications.

  • US PF is known as 401(k) while Indian PF is known as EPF

  • US PF contributions are typically made by both employer and employee, while Indian PF contributions are primarily made by the employer

  • US PF allows for loans and hardship withdrawals, while Indian PF has stricter withdrawal rules

  • US PF contributions may be tax-deductible, while Indian PF contributions are t...read more

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Q15. What is retirement 401k, 403b sep IRA. Roth IRA

Ans.

Retirement savings plans offered by employers and individuals for tax-deferred growth and savings.

  • 401k: Employer-sponsored retirement plan where employees can contribute a portion of their salary before taxes.

  • 403b: Similar to 401k but offered to employees of non-profit organizations.

  • SEP IRA: Simplified Employee Pension Individual Retirement Account for self-employed individuals or small business owners.

  • Roth IRA: Retirement account where contributions are made after taxes and ...read more

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Q16. How microservices work

Ans.

Microservices are a software architecture style where complex applications are broken down into smaller, independent services.

  • Microservices communicate with each other through APIs.

  • Each microservice is responsible for a specific task or function.

  • Microservices can be developed, deployed, and scaled independently.

  • They promote flexibility, scalability, and resilience in software development.

  • Examples of companies using microservices include Netflix, Amazon, and Uber.

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Q17. Oops concepts explanation

Ans.

Oops concepts refer to Object-Oriented Programming principles like Inheritance, Polymorphism, Encapsulation, and Abstraction.

  • Inheritance: Allows a class to inherit properties and behavior from another class.

  • Polymorphism: Ability to present the same interface for different data types.

  • Encapsulation: Bundling data and methods that operate on the data into a single unit.

  • Abstraction: Hiding the complex implementation details and showing only the necessary features.

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Q18. What is ur expectations

Ans.

I expect a challenging role with opportunities for growth and learning.

  • I am looking for a role that will push me out of my comfort zone and allow me to develop new skills.

  • I want to work for a company that values employee development and provides opportunities for advancement.

  • I am open to feedback and constructive criticism as I strive to improve and excel in my role.

  • I hope to work with a supportive team that encourages collaboration and fosters a positive work environment.

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Q19. What do you know about accounting resolution

Ans.

Accounting resolution involves identifying and resolving discrepancies in financial records.

  • Accounting resolution is the process of investigating and rectifying discrepancies in financial statements.

  • It involves identifying errors, reconciling accounts, and ensuring accuracy in financial reporting.

  • Examples include resolving discrepancies in bank statements, reconciling accounts receivable and accounts payable, and correcting errors in financial reports.

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Q20. what is mean by 401k

Ans.

401k is a retirement savings plan sponsored by an employer.

  • 401k allows employees to contribute a portion of their salary to a retirement account.

  • Employers may also contribute to the account, either matching the employee's contribution or making a set contribution.

  • The funds in the account are invested and grow tax-free until withdrawal at retirement age.

  • Withdrawals before retirement age may result in penalties and taxes.

  • 401k plans are named after the section of the tax code th...read more

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Q21. Challenges in People management

Ans.

Challenges in people management include communication issues, conflict resolution, and maintaining employee morale.

  • Communication breakdowns can lead to misunderstandings and decreased productivity.

  • Conflict resolution requires strong interpersonal skills and the ability to mediate disputes effectively.

  • Maintaining employee morale is crucial for retention and overall team performance.

  • Examples: Addressing a miscommunication between team members, resolving a conflict between emplo...read more

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Q22. What is meant by 401k

Ans.

401k is a retirement savings plan sponsored by an employer where employees can contribute a portion of their salary on a tax-deferred basis.

  • 401k is a type of retirement savings plan

  • Employees can contribute a portion of their salary on a tax-deferred basis

  • Employers may match a percentage of the employee's contributions

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Q23. What is meant by 403b

Ans.

A 403b is a retirement savings plan for employees of certain non-profit organizations, public schools, and other tax-exempt organizations.

  • 403b plans are similar to 401k plans but are specifically for employees of non-profit organizations and public schools.

  • Employees can contribute a portion of their salary to their 403b plan on a pre-tax basis.

  • Employers may also make contributions to the employee's 403b plan.

  • Withdrawals from a 403b plan are generally taxed as ordinary income....read more

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Q24. Best ways of QUality test

Ans.

The best ways of quality testing include thorough planning, effective communication, and utilizing various testing techniques.

  • Create a detailed test plan that covers all aspects of the product

  • Communicate effectively with the development team to ensure understanding of requirements

  • Use various testing techniques such as functional, regression, and performance testing

  • Automate testing where possible to increase efficiency and accuracy

  • Perform exploratory testing to uncover any une...read more

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Q25. What is 401k do

Ans.

A 401k is a retirement savings plan sponsored by an employer that allows employees to save and invest a portion of their paycheck before taxes.

  • 401k contributions are typically invested in a variety of mutual funds or other investment options

  • Employers may match a portion of the employee's contributions

  • Withdrawals from a 401k are typically taxed as ordinary income and may incur penalties if taken before retirement age

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