SKF Interview Questions and Answers

Turn-in in case of lease refers to returning the leased asset at the end of the lease term. Lease differs from a loan in terms of ownership and repayment structure. Overcollateralisation is when the collateral value exceeds the loan amount.

• Turn-in in lease means returning the leased asset to the lessor at the end of the lease term.

• Lease is a contractual agreement where the lessee pays for the use of an asset owned by the lessor.

• Loan involves borrowing money from a lender and ...read more

The question is asking to create a table and find a person.

• Create a table with relevant columns such as name, age, occupation, etc.

• Input data of different people into the table.

• Use SQL query to find a specific person based on criteria like name or occupation.

Joins are used to combine data from two or more tables based on a related column between them.

• Use JOIN keyword followed by the name of the table to join

• Specify the columns to be selected using SELECT keyword

• Use ON keyword to specify the related column between tables

• Types of joins: INNER JOIN, LEFT JOIN, RIGHT JOIN, FULL OUTER JOIN

• Example: SELECT * FROM table1 INNER JOIN table2 ON table1.id = table2.id

Balance sheet items are financial statement items that represent a company's assets, liabilities, and shareholders' equity at a specific point in time.

• Balance sheet items are categorized into three main sections: assets, liabilities, and shareholders' equity.

• Assets include items such as cash, accounts receivable, inventory, and property.

• Liabilities include items such as accounts payable, loans, and accrued expenses.

• Shareholders' equity represents the amount of money that woul...read more

Bug lifecycle involves identification, reporting, fixing, retesting, and closing of software bugs.

• Identification: Bug is identified by testers or users through testing or real-world usage.

• Reporting: Bug is reported to developers with detailed information like steps to reproduce.

• Fixing: Developers analyze and fix the bug in the code.

• Retesting: Testers verify the fix to ensure the bug is resolved.

• Closing: Bug is closed once verified and confirmed as fixed.