Fintech
Ascent Finechem Interview Questions and Answers
Q1. How would you define the user Roles
User roles define the specific responsibilities and permissions assigned to different users within a system.
User roles determine what actions a user can perform within a system
Roles are typically defined based on job function or level of access needed
Examples of user roles include admin, manager, and regular user
Q2. How would you design a system?
Designing a system involves understanding requirements, creating a plan, selecting technologies, implementing, testing, and maintaining.
Understand the requirements and goals of the system
Create a detailed plan including timeline, budget, and resources
Select appropriate technologies and tools based on requirements
Implement the system following best practices and standards
Test the system thoroughly to ensure functionality and performance
Establish a maintenance plan for ongoing ...read more
Q3. Provide the modules necessary for the system
Modules necessary for the system include user management, data storage, communication, reporting, and security.
User management module for creating, updating, and deleting user accounts
Data storage module for storing and retrieving data
Communication module for sending and receiving messages between users or systems
Reporting module for generating and viewing reports
Security module for ensuring data protection and access control
Q4. Cost estimate for the Quarter and delivery
Cost estimate for the Quarter and delivery involves analyzing project requirements, resources, timelines, and potential risks to provide an accurate financial projection.
Analyze project scope, requirements, and deliverables to determine resource needs
Consider labor costs, materials, equipment, and any other expenses required for the project
Factor in potential risks and uncertainties that may impact the cost estimate
Create a detailed budget breakdown for the quarter and delive...read more
Q5. Define the Components of the system
Components of the system refer to the different parts or elements that make up the overall system.
Hardware components (e.g. servers, routers, switches)
Software components (e.g. operating system, applications)
Data components (e.g. databases, data storage)
Network components (e.g. cables, routers, firewalls)
User interface components (e.g. screens, buttons, menus)
Q6. Provide the API definition
An API definition outlines the functionalities, endpoints, parameters, and responses of an application programming interface.
API definition includes endpoints, request methods, parameters, response formats, authentication methods, and error codes.
It serves as a contract between the API provider and consumers, detailing how they can interact with the API.
Example: GET /users - Retrieves a list of users from the database.
Reviews
Interviews
Salaries
Users/Month