70+ Numa Soft Interview Questions and Answers

Design a user-friendly Twitter app with customizable timelines and easy navigation.

• Include a clean and intuitive user interface

• Allow users to customize their timelines by following/unfollowing accounts

• Implement easy navigation through tabs for Home, Notifications, Messages, etc.

• Include features like trending topics, search functionality, and direct messaging

Minimum number of persons required to find the poisoned milk bottle out of 8 bottles within 24 hours.

• Divide the bottles into groups of 3 and label them A, B, C.

• Give each person a different combination of groups to taste.

• If someone dies, the poisoned bottle is in that group.

• If no one dies, the poisoned bottle is in group D.

• Repeat the process with the bottles in the identified group.

Multi tasking, multi processing, and multi programming are different approaches to managing tasks in an operating system.

• Multi tasking allows multiple tasks to run concurrently on a single processor.

• Multi processing involves multiple processors running tasks simultaneously.

• Multi programming allows multiple programs to be loaded into memory and executed concurrently.

• Examples of multi tasking operating systems include Windows, macOS, and Linux.

• Examples of multi processing opera...read more

Use a shared variable and synchronization mechanisms to ensure natural order printing of numbers.

• Create two threads, one for printing even numbers and the other for printing odd numbers.

• Use a shared variable to keep track of the current number to be printed.

• Implement synchronization mechanisms like locks or semaphores to ensure only one thread can access the shared variable at a time.

• Each thread should check if it is its turn to print the number based on the parity of the cur...read more

Buying equipment affects all 3 financial statements

• On the income statement, the purchase will be recorded as an expense, reducing net income

• On the balance sheet, the equipment will be recorded as an asset, increasing total assets

• On the cash flow statement, the purchase will be recorded as a cash outflow from investing activities

Memory allocation refers to the process of assigning memory to programs during runtime.

• Stack allocation is done automatically and is limited in size.

• Heap allocation is done manually and is larger in size.

• Stack memory is used for local variables and function calls.

• Heap memory is used for dynamic memory allocation.

• Memory leaks can occur if heap memory is not properly managed.

The balance sheet for banking sector shows the assets, liabilities and equity of the bank at a specific point in time.

• Assets include cash, loans, investments, and property

• Liabilities include deposits, loans from other banks, and bonds

• Equity includes the bank's capital and reserves

• The balance sheet must balance, with assets equaling liabilities plus equity

• The balance sheet is used to analyze the financial health of the bank

Printing a matrix in spiral order

• Start from the first element and print it

• Move in a spiral order towards the center of the matrix

• Repeat until all elements are printed

To find a missing number from 1 to 100 with O(1) time complexity.

• Use the formula n(n+1)/2 to find the sum of numbers from 1 to 100.

• Subtract the sum of given numbers from the sum of all numbers to find the missing number.

• Use a hash table to keep track of the given numbers and check for missing numbers in O(1) time.

HashMap is a data structure that stores key-value pairs and provides constant time complexity for basic operations.

• HashMap is used to store and retrieve data based on unique keys.

• It is commonly used in programming languages to implement associative arrays or dictionaries.

• The time complexity to implement a HashMap is O(1) for basic operations like insertion, deletion, and retrieval.

A bond is a type of debt security issued by companies or governments, while a debenture is a type of bond that is not secured by collateral.

• Bonds are secured by collateral, while debentures are not.

• Bonds have a fixed interest rate, while debentures may have a floating interest rate.

• Bonds are typically issued by companies or governments to raise capital, while debentures are often issued by corporations.

• Examples of bonds include Treasury bonds and corporate bonds, while exampl...read more

The Eurozone debt crisis was a financial crisis that occurred in the European Union from 2009 to 2012.

• The crisis was caused by a combination of factors, including high government debt, low economic growth, and a lack of competitiveness.

• Some countries, such as Greece, had borrowed heavily and were unable to repay their debts, leading to fears of default.

• The crisis led to bailouts of several countries by the European Union and the International Monetary Fund.

• Austerity measures ...read more

A deferred tax asset is an accounting concept that represents a future tax benefit for a company.

• It arises when a company has overpaid taxes or has carried forward tax losses from previous years.

• It can be used to offset future tax liabilities and reduce the company's tax bill.

• Examples include tax credits, unused tax deductions, and net operating losses.

• Deferred tax assets are recorded on the balance sheet as an asset.

• They are subject to regular review and may need to be writt...read more

JP Morgan is known for its global presence, diverse range of services, and innovative technology.

• JP Morgan has a strong global presence with operations in over 100 countries.

• They offer a diverse range of financial services including investment banking, asset management, and commercial banking.

• JP Morgan is known for its innovative technology, such as their blockchain platform Quorum.

• They have a strong reputation for risk management and compliance.

• JP Morgan has a focus on susta...read more

Working capital is the difference between current assets and current liabilities of a company.

• It is the amount of money a company has available for its day-to-day operations.

• It is calculated by subtracting current liabilities from current assets.

• Positive working capital means the company has enough funds to cover its short-term obligations.

• Negative working capital means the company may struggle to meet its short-term obligations.

• Examples of current assets include cash, invent...read more

The Brexit vote could have both positive and negative effects on the Indian economy.

• Positive effects: Increased trade opportunities with the UK, potential for attracting foreign investments from companies relocating from the UK.

• Negative effects: Uncertainty in global markets leading to volatility in exchange rates, potential decline in exports to the UK.

• Example: Indian IT companies may face challenges due to stricter immigration policies in the UK.

• Example: Indian textile expo...read more

Metrics for measuring success as a Scrum Master

• Velocity of the team

• Sprint burndown charts

• Team satisfaction surveys

• Number of completed user stories

• Percentage of defects found in production

• Cycle time for user stories

• Lead time for user stories

SDLC consists of several phases including planning, analysis, design, implementation, testing, deployment, and maintenance.

• Planning: Defining project goals, scope, and requirements.

• Analysis: Gathering and analyzing user requirements.

• Design: Creating a detailed blueprint of the software solution.

• Implementation: Writing code and developing the software.

• Testing: Conducting various tests to ensure software quality.

• Deployment: Releasing the software for users.

• Maintenance: Providin...read more

Margin call is a demand by a broker for an investor to deposit more money or securities into their account to cover potential losses.

• Margin call occurs when the value of securities in an investor's account falls below a certain level, triggering the need for additional funds.

• Investors must either deposit more funds or sell securities to meet the margin call.

• Same day settlement refers to the process of completing a financial transaction on the same day it is initiated.

• In same ...read more

SOLID principles are a set of five design principles that help in creating maintainable and scalable software applications.

• S - Single Responsibility Principle (SRP)

• O - Open-Closed Principle (OCP)

• L - Liskov Substitution Principle (LSP)

• I - Interface Segregation Principle (ISP)

• D - Dependency Inversion Principle (DIP)

Collateral is an asset or property that a borrower offers to a lender as security for a loan.

• Collateral can include real estate, vehicles, equipment, or financial assets.

• In case of a collateral dispute, it is important to review the loan agreement and documentation to determine the rights and responsibilities of both parties.

• Communication with all parties involved is key to resolving the dispute amicably.

• If necessary, legal action may be taken to enforce the terms of the loan...read more

In the USA, the economy is regulated by various government agencies such as the Federal Reserve and the Securities and Exchange Commission. In India, the Reserve Bank of India plays a key role in regulating the economy.

• In the USA, the Federal Reserve is responsible for monetary policy and regulating the banking system.

• The Securities and Exchange Commission (SEC) oversees the securities industry and protects investors.

• In India, the Reserve Bank of India (RBI) is the central ba...read more

Futures are agreements to buy or sell assets at a specified price on a future date, while options give the holder the right but not the obligation to buy or sell assets at a specified price within a certain time frame.

• Futures involve an obligation to buy or sell the underlying asset at a predetermined price and date, while options provide the holder with the right but not the obligation to buy or sell the asset.

• Options have a premium cost that the buyer pays to the seller, wh...read more

Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.

• Derivatives can be classified into four main types: futures, forwards, options, and swaps.

• Futures contracts are agreements to buy or sell an asset at a specific price on a future date.

• Forwards are similar to futures but are customized contracts between two parties.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price wi...read more

I use a variety of tools for designing UI/UX, including Sketch, Adobe XD, Figma, and InVision.

• Sketch: A popular design tool with a wide range of features and plugins.

• Adobe XD: A powerful tool for creating interactive prototypes and wireframes.

• Figma: A collaborative design tool that allows real-time collaboration and prototyping.

• InVision: A platform for creating interactive and animated prototypes.

Securities and Exchange Commission (SEC) regulates stock markets in the US.

• Securities and Exchange Commission (SEC) is the primary regulatory body overseeing the stock markets in the US.

• SEC enforces regulations to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.

• Other regulatory bodies such as FINRA (Financial Industry Regulatory Authority) also play a role in overseeing certain aspects of the stock markets.

• SEC monitors and re...read more

Graph of x+(1/x) is a hyperbola with two branches.

• The graph consists of two branches, one in the first quadrant and one in the third quadrant.

• As x approaches positive or negative infinity, the graph approaches the x-axis.

• The graph has a vertical asymptote at x=0.

• The minimum value of the function is 2 when x=1 or x=-1.

Accrual and difference between US GAAP and IFRS

• Accrual accounting recognizes revenue and expenses when they are incurred, regardless of when cash is received or paid

• US GAAP and IFRS differ in their treatment of certain accounting principles, such as revenue recognition, inventory valuation, and lease accounting

• Under US GAAP, revenue recognition is generally more prescriptive, while IFRS allows more judgment and flexibility

• For example, US GAAP requires specific criteria to be ...read more

Wholesale lending is the practice of providing loans to businesses rather than individuals.

• Wholesale lending is focused on providing loans to businesses, rather than individuals.

• It is typically used for larger loan amounts and longer terms.

• Wholesale lenders often work with intermediaries such as mortgage brokers or loan officers.

• Examples of wholesale lending include commercial real estate loans and business lines of credit.