LendingKart Program Manager Interview Questions and Answers

To calculate EMI and interest, we need to know the loan amount, interest rate, and tenure.

• EMI stands for Equated Monthly Installment, which is the fixed amount paid monthly towards the loan repayment.

• EMI calculation formula: EMI = [P x R x (1+R)^N]/[(1+R)^N-1], where P is the loan amount, R is the interest rate per month, and N is the tenure in months.

• Interest calculation formula: Interest = (P x R x N)/100, where P is...read more

I successfully achieved a 20% increase in sales for my team's product line.

• Implemented a targeted marketing campaign to reach new customers

• Analyzed market trends and competitor strategies to identify opportunities

• Collaborated with cross-functional teams to improve product features and pricing

• Provided training and support to sales representatives to enhance their performance

My big incentive is to constantly learn and grow in my role, while also contributing to the success of the company.

• I am motivated by the opportunity to develop new skills and knowledge

• I am driven by the desire to make a meaningful impact in my work

• I am inspired by the company's mission and vision

• I am excited by the prospect of career advancement and personal growth

Vector is a dynamic array that can resize itself. It differs from arrays in its ability to change size during runtime.

• Vectors are implemented as dynamic arrays, whereas arrays are static.

• Vectors can resize themselves during runtime, whereas arrays have a fixed size.

• Vectors can be used to store objects of any type, whereas arrays can only store objects of a specific type.

• Vectors have built-in functions for easy manipula

An abstract class is a class that cannot be instantiated and is used as a base class for other classes.

• An abstract class can have abstract and non-abstract methods.

• Abstract methods are declared but not implemented in the abstract class.

• A non-abstract class that inherits from an abstract class must implement all abstract methods.

• An abstract class can have constructors and fields like a regular class.

• An abstract class ca...read more