St Milagres Credit Souhardha Co-Op Junior Assistant Interview Questions and Answers

Q1. What is fixture and jigs
Ans. 
Fixtures and jigs are tools used in manufacturing to hold and guide workpieces during machining or assembly processes.
• Fixtures are devices used to securely hold workpieces in place during machining operations

• Jigs are tools that guide cutting tools or other machinery during operations

• Fixtures and jigs help ensure accuracy, repeatability, and efficiency in manufacturing processes

• Examples include drill jigs for guiding dr...read more
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Q2. What is preventive maintenance
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Preventive maintenance is the practice of regularly inspecting, cleaning, and servicing equipment to prevent breakdowns and prolong its lifespan.
• Regularly scheduled inspections and maintenance tasks are performed to identify and address potential issues before they become major problems.

• Examples include changing air filters in HVAC systems, lubricating moving parts in machinery, and checking for leaks in plumbing syste...read more
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Q1. What is computer aided design
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Computer aided design (CAD) is the use of computer software to create, modify, analyze, and optimize designs for various industries.
• CAD allows engineers and designers to create 2D or 3D models of products or structures.

• It helps in visualizing and simulating designs before they are physically built.

• CAD software can be used in industries such as automotive, aerospace, architecture, and manufacturing.

• Examples of CAD softw
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Q2. What is computer aided manufacturing
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Computer aided manufacturing (CAM) is the use of software to control machine tools and related machinery in the manufacturing of workpieces.
• CAM software generates toolpaths and instructions for machines to follow during the manufacturing process.

• CAM systems can be used for various processes such as milling, turning, and laser cutting.

• CAM helps in automating and optimizing the manufacturing process, leading to increased...read more
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Q1. What is java script
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Q2. What is HTML and why we use it?
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Diploma in computer science

Q1. What is difference between RTD and thermocouple used
Ans. 
RTD measures temperature using resistance change, while thermocouple uses voltage change.
• RTD stands for Resistance Temperature Detector, while thermocouple generates voltage based on temperature difference.

• RTDs are more accurate and stable compared to thermocouples.

• RTDs have higher initial cost but lower long-term maintenance cost.

• Thermocouples are more rugged and can withstand higher temperatures than RTDs.

• Example: RT...read more
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Q2. What is the PLC and DCS system
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PLC and DCS systems are control systems used in industrial automation to monitor and control processes.
• PLC stands for Programmable Logic Controller, used for controlling machinery and processes in manufacturing.

• DCS stands for Distributed Control System, used for controlling complex processes across multiple locations.

• PLCs are typically used for discrete control applications, while DCS systems are used for continuous co...read more
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Q3. What is the AC And DC drive
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AC and DC drives are types of electrical drives used to control the speed and torque of electric motors.
• AC drive controls the speed of an AC motor by varying the frequency of the electrical supply.

• DC drive controls the speed of a DC motor by varying the voltage supplied to the motor.

• AC drives are more commonly used in industrial applications due to their efficiency and flexibility.

• DC drives are often used in applicatio...read more
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Q4. What do you understand by 4 wire and 2 wire
Ans. 
4 wire and 2 wire are configurations used in electrical circuits for measuring resistance.
• 4 wire configuration is used for accurate resistance measurements by eliminating lead resistance

• 2 wire configuration is simpler but less accurate due to lead resistance affecting measurements

• Examples: 4 wire used in precision instruments like multimeters, 2 wire used in basic circuit testing
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Checked common sense by testing PnC skills and english.

Group discussion about working together with multiple people.

Q1. Difference between Cmbs vs Rmbs
Ans. 
CMBS are securities backed by commercial mortgages, while RMBS are securities backed by residential mortgages.
• CMBS are backed by commercial properties such as office buildings, shopping centers, and hotels.

• RMBS are backed by residential properties such as single-family homes, condos, and townhouses.

• CMBS tend to have higher loan amounts and lower prepayment rates compared to RMBS.

• RMBS are more sensitive to changes in in...read more
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Q2. Why you want to work Morningstar
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Q3. Difference between bankruptcy and insolvency
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Bankruptcy is a legal process where a person or business is unable to repay debts, while insolvency refers to a financial state of being unable to pay debts.
• Bankruptcy is a legal status declared by a court when a person or business cannot repay debts.

• Insolvency is a financial state where a person or business is unable to pay debts as they become due.

• Bankruptcy involves a formal legal process, while insolvency is a fina...read more
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Q4. Prepayment risk meaning
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Prepayment risk refers to the risk that borrowers will pay off their loans earlier than expected, resulting in a loss of future interest payments for the lender.
• Prepayment risk is common in mortgage-backed securities, where homeowners can refinance their mortgages at lower interest rates, causing the investor to lose out on expected interest income.

• It can also occur in bonds or other fixed-income securities when intere...read more
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Q5. What is asset backed security and how is different from CMBS
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Asset backed security is a type of financial security backed by a pool of assets, while CMBS specifically refers to securities backed by commercial real estate loans.
• Asset backed securities are backed by a variety of assets such as credit card receivables, auto loans, or student loans.

• CMBS are specifically backed by commercial real estate loans, such as office buildings, shopping centers, or hotels.

• Asset backed securit...read more
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Q6. What has more prepayment risk CMBS, RMBS, ABS
Ans. 
CMBS has more prepayment risk compared to RMBS and ABS.
• CMBS (Commercial Mortgage-Backed Securities) typically have higher prepayment risk due to the nature of commercial real estate loans.

• RMBS (Residential Mortgage-Backed Securities) have lower prepayment risk compared to CMBS as residential mortgages are less likely to prepay.

• ABS (Asset-Backed Securities) generally have lower prepayment risk as the underlying assets m...read more
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