IDBI Intech Limited Interview Questions, Process, and Tips

It was an off-campus placement drive at Bharati Vidyapeeth Belapur.
1st round was MCQ based 
2nd round was interview with HR. Kunal Yadav
If you have a degree in your hand, then you are eligible for a Management trainee position; otherwise, you will have to work as an intern.
A fixed salary and a bond period of 2 years.

Questions asked in the MCQ - Anti Money Laundering department:

1. Which of the following is smallest integer data type?
-Long
-Int
-Short
-Byte

2. What will be the output of the program?
class Bitwise
{
     public static void main (String [ ] args)
     {
           int x = 11 & 9;
           int y = x ^ 3;
           System.out.println( y | 12 );
     } }

12
7
8
14

3. Integer Data type does not include following primitive data type ___ .
-Double -Short -Byte -Enum

4. class Equals
{
    public static void main(String [ ] args)
    {
        int x = 100;
        double y = 100.1;
        Boolean b = (x = y); /* Line 7 */
        System.out.println(b);
    } }

-True
-False
-Compilation fails
-An exception is thrown at runtime

5. GROUP BY typically involves aggregates fn. as:
-COUNT ()
-MAX ()
-SUM ()
-All of the above

6. public void foo( boolean a, Boolean b)
{
     if ( a )
     {
          System.out.println("A"); /* Line 5 */
     }
     elseif(a && b) /* Line 7 */
     {
          System.out.println("A && B");
      }
      else /* Line 11 */
      {
            if ( !b )
            {
                System.out.println( "not B") ;
             }
             else
             {
                  System.out.println( "ELSE");
             }
        }
 }

-If a is true and b is true then the output is "A && B"
-If a is true and b is false then the output is "notB"
-If a is false and b is true then the output is "ELSE"
-If a is false and b is false then the output is "ELSE"

7. class PassS
{
     public static void main (String [ ] args)
     {
         PassS p = new PassS( );
         p.start ( );
     }
     void start ( )
     {
          String s1 = "slip".
          String s2 = fix(S1);
          System.out.println(s1 + " " + s2);
     }
     String fix(String s1)
     {
          s1= s1 + "stream";
          System.out.println(s1 + " ");
          return "stream";
      }
}

-slip stream
-slipstream stream
-stream slip stream
-slipstream slip stream

8. switch (x)
{
    default:
        System.out.println("Hello");
}

Which two are acceptable types of x?
byte
long
char
float
short
long

-1 and 3
-2 and 4
-3 and 5
-4 and 6

9. What will be the output of the program?

class Test
{
    public static void main(String [ ] args)
    {
        int x = 0;
        int y = 0;
        for (int z = 0; z < 5; z++)
        {
            if (( ++x > 2 ) || (++y > 2))
            {
                  x++;
             }
       }
      System.out.println(x + " " + y);
       }  }

11
82
83
85

10. Which three statements inserts a row into the table ? (Choose three)
A. INSERT INTO employees
VALUES ( NULL, 'John' ,'Smith');
B. INSERT INTO employees ( first_name,last_name)
VALUES ('John' ,'Smith');
C. INSERT INTO employees
VALUES ('1000' ,'John', NULL);
D. INSERT INTO employees (first_name,last_name, employee_id)
VALUES (1000,'John', 'Smith');
E. INSERT INTO employees (employee_id)
VALUES (1000);
F. INSERT INTO employees (employees_id,first_name,last_name)
VALUES ( 1000, 'John' , ");

-A,C,D,F
-B,C,F
-C,E,F
-All of the above

11. class Test
{
    public static void main (String [ ] args)
    {
        int x = 20;
        String sup = (x < 15) ? "small" : (x < 22)? "tiny" : "huge";
        System.out.println(sup);
     }
}

-Small
-Tiny
-Huge
-Compilation fails

12. What will be the output of the program?
class Test
{
    public static void main(String [ ] args)
    {
        int x = 0;
        int y = 0;
        for (int x = 0; z < 5; z++)
        {
            if (( ++x > 2 ) && (++y > 2))
            {
                  x++;
             }
       }
       System.out.println(x + " " + y);
       }
 }

52
53
63
64

13. Which of the following is not a primitive data type?
-Int
-Short
-Byte
-Enum

14. Which of the following is an OOP feature in Java*
-Encapsulation
-Abstraction
-Polymorphism
-All of the above

15. Byte variables are declared by use of the ___ keyword ( Using Primitive Data Type).
-Bytes
-byte
-Byte
-bytes

16. public class While
{
    public void loop()
    {
         int x= 0;
         while ( 1 ) /* Line 6 */
         {
            System.out.print("x plus one is " + (x+1));/* Line 8 */
          }
   }
}

Which statement is true?
-There is a syntax error on line 1
-There are syntax errors on lines 1 and 6
-There are syntax errors on lines 1,6, and 8.
-There is a syntax error on line 6.

17. Members of a base class are never accessible to a derived class*
-Public
-Private
-Protected
-All of the above

18. Which of the following is the correct statement to create an object of Data class?*
-Data d=new object ( );
-Data d =new Data ( );
-Data d( ) = new Data ( );
-Data d( )= new Data ( );

19. public void test (int x)
{
   int odd = 1;
   if(odd) /* Line 4 */
   {
       System.out.println("odd");
   }
    else
   {
       System.out.println("even");
    }
}

Which statement is true?
-Compilation fails.
-odd will always be output
-even will always be output.
-odd will be output for odd values of x and even for even values.

20. A stored procedure is a :-
-Sequence of SQL or PL/SQL statements to perform specific function
-Stored in compiled form in the database
-Can be called from all client environments
-All of the above.

Q1. I was not eligible for HR round. But still this website asked me to write at least 2 questions Other wise this form won't submit.
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Q2. About the resume and projects done.
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Q1. Nouns Pronouns Verb Adverb
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Q1. What are the basic details of the project?
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Q2. What is .net/ what is java/ what is PHP
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ChatGPT is the topic of group discussion and this interview scheduled by CDAC mumbai

Q1. What is spring boot I which file we give database connection
Ans. 
Spring Boot is a framework that simplifies the development of Java applications by providing pre-configured settings and tools.
• Spring Boot is used to create stand-alone, production-grade Spring-based Applications.

• Database connection details are typically provided in the application.properties or application.yml file.

• Example: spring.datasource.url=jdbc:mysql://localhost:3306/mydatabase
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Q1. About your experience
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Q2. Previous experience
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Q1. How to recognise revenue as per Indas 115
Ans. 
Revenue recognition as per IndAS 115
• Identify the contract with the customer

• Identify the performance obligations in the contract

• Determine the transaction price

• Allocate the transaction price to the performance obligations

• Recognize revenue when (or as) the entity satisfies a performance obligation
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Q2. Journal entry of lease accounting in the books of lessee
Ans. 
The journal entry for lease accounting in the books of lessee involves recording the lease liability and right-of-use asset.
• Debit the right-of-use asset account for the present value of the lease payments

• Credit the lease liability account for the same amount

• Recognize interest expense on the lease liability

• Recognize amortization expense on the right-of-use asset

• Adjust for any lease payments made

• Example: Debit Right-of-U...read more
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Q3. Difference between service and manufacturing industry
Ans. 
Service industry provides intangible products while manufacturing industry produces tangible products.
• Service industry focuses on providing services rather than physical products

• Manufacturing industry involves the production of tangible goods

• Service industry is labor-intensive while manufacturing industry is capital-intensive

• Service industry has a higher degree of customer interaction compared to manufacturing industry

• ...read more
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Q4. Statutory dues payment and return due date-GST, TDS, PF, PT, ESIC
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Q5. JE of Provision for doubtful debt and there treatment in financials
Ans. 
Provision for doubtful debt is an estimation of the amount of bad debt that a company is likely to incur.
• Provision for doubtful debt is a contra account to accounts receivable.

• It is created by recording an adjusting entry at the end of each accounting period.

• The amount of the provision is based on historical data and management's judgment.

• It reduces the net value of accounts receivable on the balance sheet.

• If the actua...read more
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Q6. How to audit purchase or expenses voucher
Ans. 
To audit purchase or expenses voucher, follow these steps:
• Verify the authenticity of the voucher

• Check if the voucher is properly authorized and approved

• Ensure that the voucher is supported by relevant documents

• Verify the accuracy of the voucher amount

• Check if the voucher is recorded in the correct account

• Perform a test check of a sample of vouchers

• Document the audit findings and report to management
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Q7. Explain about Indas 115
Ans. 
Ind AS 115 is a new revenue recognition standard that replaces the existing Ind AS 18 and Ind AS 11.
• Ind AS 115 provides a single, comprehensive revenue recognition model for all contracts with customers.

• It requires companies to recognize revenue based on the transfer of control of goods or services to customers.

• The standard also requires companies to disclose more information about their revenue streams and contract ba...read more
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