iFAST Corporation Intern Interview Questions and Answers

Q1. What is JPA
Ans. 
JPA (Java Persistence API) is a specification for managing relational data in Java applications using object-relational mapping.
• JPA provides a way to map Java objects to database tables.

• It simplifies database interactions through an object-oriented approach.

• Common implementations include Hibernate, EclipseLink, and OpenJPA.

• Example: Using JPA annotations like @Entity to define a persistent class.

• JPA supports querying wi...read more
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Q2. Write a program to find duplicate elements in the list
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This is the aptitude round in this round quant questions were asked

In this round 2 java coding questions were there

Q1. What is the framework
Ans. 
A framework is a set of rules, guidelines, and standards that provide a structure for developing software applications.
• A framework provides a common structure for developers to work within

• It includes pre-written code and libraries that can be used to speed up development

• Frameworks can be specific to a programming language or platform

• Examples include AngularJS, React, and Ruby on Rails
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Q2. What is the java explain
Ans. 
Java is a widely used programming language known for its platform independence and object-oriented approach.
• Java is an object-oriented language that follows the 'write once, run anywhere' principle.

• It is used for developing a wide range of applications, from desktop to web and mobile applications.

• Java programs are compiled into bytecode that can run on any Java Virtual Machine (JVM).

• It provides built-in libraries and f...read more
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Q1. What is your salary, tell your expectations
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Q2. What is your location
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It was written test with sixty questions.

Q1. Last job experience ?
Ans. 
I worked as a marketing coordinator for a tech startup, managing social media campaigns and organizing events.
• Managed social media platforms such as Facebook, Twitter, and Instagram

• Organized product launch events and trade shows

• Collaborated with design team to create marketing materials
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Q2. Why you want this job?
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Q3. Family detail and household income?
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Q1. Life cycle of thread
Ans. 
Thread life cycle includes new, runnable, running, blocked, and terminated states.
• Thread is created in 'new' state

• It becomes 'runnable' when start() method is called

• Thread enters 'running' state when CPU starts executing its run() method

• It can go to 'blocked' state if it's waiting for a resource

• Finally, thread reaches 'terminated' state when run() method completes or stop() method is called
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Q2. İnternal working of hash map
Ans. 
Hash map is a data structure that stores key-value pairs and uses a hash function to map keys to their corresponding values.
• Hash map consists of an array of buckets, each containing a linked list of key-value pairs.

• When inserting a key-value pair, the hash function is used to determine the index of the bucket where the pair should be stored.

• To retrieve a value, the hash function is used to find the corresponding bucket...read more
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Q1. Salary expectations
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Q2. Why I want to change the job
Ans. 
Seeking new challenges, growth opportunities, and a better work-life balance.
• Looking for new challenges and opportunities to learn and grow

• Seeking a better work-life balance

• Interested in working with new technologies or in a different industry

• Wanting to advance career progression
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Inroduction of capital market

Q1. What is primary & secondary market, types of corporate actions with example
Ans. 
Primary market is where new securities are issued, while secondary market is where existing securities are traded.
• Primary market involves the issuance of new securities by companies to raise capital, while secondary market involves the trading of existing securities among investors.

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

• Stock split is when a company increases...read more
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Q1. What is share market
Ans. 
Share market is a platform where buying and selling of company stocks and securities takes place.
• Share market allows companies to raise capital by selling shares to investors

• Investors can buy and sell shares to make profits

• Prices of shares fluctuate based on supply and demand, company performance, and economic factors
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Q2. Dividend is declared by whom?
Ans. 
Dividends are declared by the board of directors of a company.
• Dividends are typically declared by the board of directors of a company.

• The board of directors considers various factors such as company performance, financial health, and future growth prospects before declaring dividends.

• Shareholders receive dividends as a distribution of profits.

• Dividends can be in the form of cash, stock, or property.

• Companies may choose...read more
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Q3. What is equity management?
Ans. 
Equity management involves the strategic allocation and distribution of company ownership to maximize shareholder value.
• Involves determining the optimal mix of debt and equity financing for a company

• Includes managing the issuance of new shares, buybacks, and dividends

• Strategic decisions to ensure fair treatment of shareholders and maximize returns

• Examples: IPOs, stock repurchases, dividend policies
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Q4. What are shares?
Ans. 
Shares represent ownership in a company and entitle the holder to a portion of the company's assets and profits.
• Shares are units of ownership in a company that are bought and sold on the stock market.

• Shareholders have voting rights and may receive dividends based on the company's performance.

• Shares can be classified as common stock or preferred stock, each with different rights and benefits.
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Q1. Tell me about yourself
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Q1. What is capital market
Ans. 
Capital market is a financial market where individuals and institutions trade financial securities.
• Capital market is where long-term securities like stocks and bonds are bought and sold.

• It helps companies raise capital by issuing stocks or bonds to investors.

• Investors can buy and sell securities through stock exchanges like NYSE or NASDAQ.

• Capital market plays a crucial role in the economy by facilitating investment and
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Q1. What is your goal in life
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Q1. All about the background
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Q1. They didn't really asked much
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