Media.net Software Services (India) Product Manager Interview Questions and Answers

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

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

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

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

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

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.