M2P Fintech Interview Questions and Answers

Q1. What is collection framework?
Ans. 
Collection framework is a unified architecture for representing and manipulating collections of objects in Java.
• It provides interfaces (like List, Set, Map) and classes (like ArrayList, HashSet, HashMap) to store and manipulate groups of objects.

• It allows for easy manipulation, sorting, searching, and iteration of collections.

• Collections in the framework can store objects of any type, including user-defined classes.

• Exa...read more
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Q2. What is spring boot dependency injection?
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Spring Boot dependency injection is a design pattern where objects are passed their dependencies rather than creating them internally.
• In Spring Boot, dependency injection is achieved through the use of @Autowired annotation.

• It helps in achieving loose coupling between classes and promotes easier testing and maintenance.

• Example: @Autowired private UserService userService; // Injecting UserService dependency
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Q3. What is the use of rate limiter?
Ans. 
Rate limiter is used to control the rate of incoming requests to a server or API.
• Prevents server overload by limiting the number of requests a client can make in a specific time period

• Helps protect against DDoS attacks by limiting the rate of incoming requests

• Ensures fair usage of resources by preventing one client from monopolizing server resources

• Can be implemented using algorithms like token bucket or leaky bucket

• Ex...read more
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Q4. What is the mean by thread, how many ways we can create thread?
Ans. 
A thread is a lightweight sub-process that allows concurrent execution within a process. Threads can be created in multiple ways.
• Threads can be created by extending the Thread class in Java.

• Threads can be created by implementing the Runnable interface in Java.

• Threads can be created using thread pools in Java.

• Threads can be created using asynchronous functions in JavaScript.
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Q5. What is use of thread.join()?
Ans. 
thread.join() is used to wait for a thread to finish its execution before moving on to the next steps.
• thread.join() blocks the current thread until the thread it is called on completes its execution.

• It is commonly used in multi-threaded applications to ensure that all threads have finished before proceeding.

• Without thread.join(), the main thread may continue executing while other threads are still running.

• Example: thre...read more
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Q6. What is the difference between sync and asynchronous call?
Ans. 
Sync call blocks the execution until the response is received, while asynchronous call allows the program to continue executing without waiting for the response.
• Sync call blocks the program execution until the response is received

• Asynchronous call allows the program to continue executing without waiting for the response

• Sync calls are easier to understand and debug, but can lead to performance issues if used excessively

• ...read more
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Q7. How to deploy your service in production server?
Ans. 
Deploying service in production server involves building the application, configuring the server, and monitoring performance.
• Build the application code into a deployable package (e.g. JAR file for Java applications)

• Configure the production server with necessary dependencies and environment variables

• Deploy the application package to the server using tools like Docker, Kubernetes, or manual deployment scripts

• Monitor the ...read more
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Q8. What is use of Jenkins and kubernates?
Ans. 
Jenkins is a continuous integration tool used for automating software development processes, while Kubernetes is a container orchestration platform for managing containerized applications.
• Jenkins is used for automating the building, testing, and deployment of software projects.

• Kubernetes helps in automating the deployment, scaling, and management of containerized applications.

• Jenkins can be integrated with Kubernetes t...read more
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Q9. What is the difference between fail safe and fail fast
Ans. 
Fail safe focuses on ensuring system stability and preventing catastrophic failures, while fail fast prioritizes quick detection and response to errors.
• Fail safe is about designing systems to minimize the impact of failures and ensure stability.

• Fail fast is about quickly detecting and responding to errors to prevent further issues.

• Fail safe often involves redundancy and error checking mechanisms to prevent catastrophic...read more
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Q1. Springboot architecture
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Q2. Exception handling
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Q1. Binary search algo quetion
Ans. 
Binary search is an efficient algorithm for finding an item from a sorted list of items.
• Works on sorted arrays or lists.

• Divides the search interval in half each time.

• Time complexity is O(log n).

• Example: Searching for 5 in [1, 2, 3, 4, 5, 6] results in index 4.
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Q1. They prefer only referral,i think
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Q2. Be strong in sql,but if selected low package
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Medium level leetcode questions

Q1. Split wise low level design
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Q1. Not sure what the questions are
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Q1. Project Related
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Q2. How the APIs were used in the customer journey?
Ans. 
APIs were used in the customer journey to streamline processes and enhance user experience.
• APIs were integrated into the company's website to provide real-time data to customers.

• APIs were utilized to connect the company's CRM system with third-party applications for seamless customer interactions.

• APIs enabled customers to access personalized recommendations and content based on their preferences.

• APIs facilitated secure...read more
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