Sakthi Finance Interview Questions and Answers

Credit default swaps are financial derivatives that allow investors to transfer credit risk.

• Credit default swaps (CDS) are contracts between two parties, where one party agrees to compensate the other party in the event of a default by a third party.

• They are used to hedge against the risk of default on loans or bonds.

• CDS can be bought or sold, and the buyer pays regular premiums to the seller in exchange for protection...read more

Money markets are financial markets where short-term borrowing and lending of funds takes place.

• Money markets facilitate the trading of short-term debt securities such as Treasury bills, commercial papers, and certificates of deposit.

• They provide a platform for governments, financial institutions, and corporations to manage their short-term liquidity needs.

• Money market instruments typically have high liquidity and low ...read more

Text data can be loaded into DB systems using various methods such as SQL INSERT statements, bulk loading, or ETL processes.

• Use SQL INSERT statements to insert text data into the database one record at a time.

• For large datasets, consider using bulk loading techniques like BULK INSERT or LOAD DATA INFILE.

• ETL (Extract, Transform, Load) processes can be used to extract text data from different sources, transform it as per...read more

OOPS concepts refer to Object-Oriented Programming principles like Inheritance, Encapsulation, Polymorphism, and Abstraction.

• Inheritance: Allows a class to inherit properties and behavior from another class.

• Encapsulation: Bundling data and methods that operate on the data into a single unit.

• Polymorphism: Ability to present the same interface for different data types.

• Abstraction: Hiding the complex implementation detail

Solid concepts are fundamental principles or ideas that are well-established and widely accepted in a particular field.

• Solid concepts provide a strong foundation for further learning and development.

• They are essential for understanding complex topics and solving problems effectively.

• Examples of solid concepts in software engineering include object-oriented programming, design patterns, and data structures.

Code to check if a string is a palindrome or not.

• Iterate through the string from both ends and compare characters.

• Use two pointers, one starting from the beginning and one from the end.

• If characters at both pointers are equal, move both pointers towards the center.

• If characters at any point are not equal, return false.

• If both pointers meet in the middle, return true as the string is a palindrome.