
Media.net Software Services (India)

Media.net Software Services (India) Product Manager Interview Questions and Answers
Q1. How many UPI transactions would be happening in a month?
It is difficult to estimate the exact number of UPI transactions happening in a month.
The number of UPI transactions varies depending on factors such as the number of users, the popularity of UPI as a payment method, and the number of merchants accepting UPI.
However, according to the National Payments Corporation of India (NPCI), there were over 2.73 billion UPI transactions in December 2020.
This number has been steadily increasing over the years, with a growth rate of over 1...read more
Q2. Netflix observing a drop in average revenue per user. Why would that be?
Possible reasons for Netflix observing a drop in average revenue per user.
Increased competition from other streaming services
Decrease in subscription prices
Decrease in content quality or quantity
Economic downturn affecting consumer spending
Shift towards sharing accounts among multiple users
Q3. Imagine a subscription based phone buying model? How would that work out?
Subscription based phone buying model allows customers to pay a monthly fee for a phone and its services.
Customers can choose from a range of phone models and select a plan that suits their needs.
The monthly fee covers the cost of the phone and services such as data, calls, and texts.
Customers can upgrade to a newer phone model after a certain period of time.
The subscription model provides a steady stream of revenue for the company.
Examples include Apple's iPhone Upgrade Prog...read more
Q4. How would UrbanClap cope with covid19 situation?
UrbanClap can cope with covid19 situation by implementing safety measures and offering virtual services.
Implement safety measures such as mandatory masks, sanitization, and temperature checks for service providers and customers
Offer virtual services for services that can be done remotely such as online consultations and virtual fitness classes
Encourage cashless transactions to minimize physical contact
Partner with local authorities to ensure compliance with government guideli...read more
Q5. E commerce app orders going down
E-commerce app orders going down may be due to various factors such as technical issues, competition, or changes in consumer behavior.
Analyze website traffic and conversion rates to identify any technical issues affecting order placement.
Research competitors to understand their strategies and pricing, and make adjustments accordingly.
Survey customers to gather feedback on their shopping experience and preferences.
Monitor market trends and consumer behavior to adapt marketing ...read more
Q6. Explain Api to a 5 year old
API is like a waiter who takes your order to the kitchen and brings back your food.
API is like a messenger that helps different software programs communicate with each other.
It allows one application to access the features or data of another application.
For example, when you use a weather app on your phone, it is using an API to get the weather information from a weather website.
Q7. How does FB work
Facebook is a social media platform that allows users to connect with friends, family, and businesses through sharing posts, photos, and videos.
Users create profiles with personal information and can connect with others by sending friend requests.
Users can share posts, photos, and videos on their timeline for their friends to see.
Facebook offers features like groups, events, and pages for users to connect with others who share similar interests.
The platform also includes adve...read more
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