Incedo Interview Questions and Answers

One question on Java strings and another on React

Q1. Diff b/w interface and abstract
Ans. 
Interface is a contract that defines the methods a class must implement, while abstract class can have both implemented and abstract methods.
• Interface can only have abstract methods and constants, while abstract class can have both abstract and non-abstract methods.

• A class can implement multiple interfaces but can only inherit from one abstract class.

• Interfaces are used to achieve multiple inheritance in Java, while ab...read more
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Q2. STLC and bug life cycle
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Q1. What is nav describe
Ans. 
NAV stands for Net Asset Value, which represents the per-share value of a mutual fund or exchange-traded fund (ETF).
• NAV is calculated by subtracting a fund's liabilities from its assets and dividing by the number of shares outstanding.

• It is used to determine the price at which investors can buy or sell shares of the fund.

• NAV is typically calculated at the end of each trading day.

• For example, if a mutual fund has assets...read more
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Q2. What is the function of custodian bank
Ans. 
Custodian banks are financial institutions responsible for safeguarding assets, such as securities and cash, on behalf of institutional clients.
• Provide safekeeping of assets

• Settle trades on behalf of clients

• Collect income on assets

• Process corporate actions

• Provide reporting and other administrative services

• Act as a liaison between the client and the investment manager
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Q1. Design Principles
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Q2. Java Solid Principles
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Q1. Java Memory Management
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Q2. Java Design Process
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Q1. Simple xpath without using Index reverse strings with words separately
Ans. 
Reverse strings with words separately using simple xpath without using index
• Use XPath function to split the string into words

• Reverse each word individually using XPath function

• Concatenate the reversed words back together
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Q1. API architectures
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