1000+ Associate Interview Questions and Answers

SOLID principle is a set of good coding practices that help in creating maintainable and scalable software.

• S - Single Responsibility Principle: A class should have only one reason to change.

• O - Open/Closed Principle: A class should be open for extension but closed for modification.

• L - Liskov Substitution Principle: Subtypes should be substitutable for their base types.

• I - Interface Segregation Principle: A client should not be forced to depend on methods it does not use.

• D - D...read more

Drill bits can have various cutting angles depending on their purpose and material.

• The most common cutting angle for general purpose drill bits is 118 degrees.

• Drill bits for harder materials like metal may have a sharper angle of 135 degrees.

• Masonry drill bits have a flatter angle of 90 degrees to prevent cracking of the material.

• The cutting angle affects the efficiency and precision of the drilling process.

Causality refers to the relationship between an event (the cause) and a second event (the effect), where the second event is a result of the first.

• Causality is the principle that everything has a cause and effect.

• It is the relationship between an action and its consequences.

• For example, smoking causes lung cancer.

• Causality is important in scientific research to establish cause-and-effect relationships.

• It is also important in legal and ethical contexts to determine responsibil...read more

A buyer is a person or entity who purchases goods or services in exchange for money or other forms of payment.

• Buyers can be individuals or organizations.

• They play a crucial role in the supply chain by selecting and procuring products or services.

• Buyers negotiate prices, terms, and conditions with sellers.

• They may conduct market research to identify potential suppliers and evaluate their offerings.

• Buyers may also be responsible for managing supplier relationships and ensuring ...read more

Derivatives are financial contracts that derive their value from an underlying asset or security.

• Types of derivatives include futures, options, swaps, and forwards.

• Futures are contracts to buy or sell an asset at a future date at a predetermined price.

• Options give the holder the right, but not the obligation, to buy or sell an asset at a predetermined price.

• Swaps involve exchanging cash flows based on different financial instruments.

• Forwards are similar to futures, but are cu...read more

A Commercial office space is valued based on factors like location, size, condition, amenities, and market demand.

• Consider the location of the office space - proximity to transportation, amenities, and other businesses can affect value.

• Evaluate the size of the space in terms of square footage and layout.

• Assess the condition of the office space - any necessary repairs or renovations can impact value.

• Take into account the amenities offered in the building, such as parking, secu...read more

IRR calculates the internal rate of return for a series of cash flows, while XIRR calculates the internal rate of return for irregular cash flows.

• IRR assumes regular intervals between cash flows, while XIRR can handle irregular intervals.

• IRR requires a guess rate to calculate the return, while XIRR does not.

• XIRR is more accurate for investments with irregular cash flows, such as multiple investments and withdrawals at different times.

• IRR is commonly used for projects with con...read more

Handling difficult tasks in the workplace requires effective communication, time management, and problem-solving skills.

• Break down the task into smaller, manageable steps

• Prioritize tasks based on deadlines and importance

• Seek help or guidance from colleagues or supervisors if needed

• Stay organized and focused to avoid feeling overwhelmed

• Take breaks when necessary to recharge and refocus

• Reflect on past successes in overcoming challenges to boost confidence

Internal financial control refers to the policies and procedures implemented by a company to ensure accurate financial reporting and prevent fraud.

• Internal financial control involves the establishment of clear policies and procedures for financial reporting and record-keeping.

• It includes measures to prevent fraud and ensure compliance with relevant laws and regulations.

• Examples of internal financial controls include segregation of duties, regular audits, and the use of accoun...read more

I would use the quicksort algorithm to efficiently sort the given series of unsorted numbers.

• Implement the quicksort algorithm by selecting a pivot element and partitioning the array into two sub-arrays based on the pivot.

• Recursively apply the quicksort algorithm to the sub-arrays until the entire array is sorted.

• Time complexity of quicksort is O(n log n) on average, making it a good choice for sorting large datasets.

I have worked on a variety of technologies including Java, Python, SQL, and AWS.

• Java

• Python

• SQL

• AWS

A tangible asset is a physical asset that has a measurable value and can be seen or touched.

• Examples include buildings, land, machinery, and inventory.

• Tangible assets are typically depreciated over time.

• They are recorded on a company's balance sheet.

• Tangible assets can be bought, sold, or traded.

• They are different from intangible assets, such as patents or trademarks.

Creating a table in MySQL involves using the CREATE TABLE statement with specified columns and data types.

• Use the CREATE TABLE statement followed by the table name

• List the columns along with their data types and any constraints

• Specify the primary key if needed

• Example: CREATE TABLE employees (id INT PRIMARY KEY, name VARCHAR(50), age INT)

I am familiar with Java, Python, C++, and JavaScript.

• Java

• Python

• C++

• JavaScript

Journal Entries are records of financial transactions in a company's accounting system.

• Journal Entries are used to record the debits and credits of a transaction.

• Accruals are expenses incurred but not yet paid for, while Depreciation is the allocation of the cost of an asset over its useful life.

• Golden Rules of accounting include Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• Shift and salary...read more

Setting up a new ATM involves various costs and considerations such as location, equipment, maintenance, and security.

• Location is a crucial factor in determining the success of an ATM. It should be easily accessible and visible to potential users.

• Equipment costs include the ATM machine, software, and communication systems.

• Maintenance costs include regular servicing, cash replenishment, and repairs.

• Security measures such as cameras, alarms, and secure cash transportation also ...read more

MedDRA hierarchy is a system of organizing medical terms into categories based on their relationship to each other.

• MedDRA is organized into five levels of hierarchy

• The top level is System Organ Classes (SOCs), which are broad categories of related adverse events

• The second level is High Level Group Terms (HLGTs), which are more specific than SOCs

• The third level is High Level Terms (HLTs), which are more specific than HLGTs

• The fourth level is Preferred Terms (PTs), which are th...read more

My goal is to become a successful project manager by improving my leadership and communication skills.

• I plan to take courses and attend workshops on project management

• I will seek out mentorship from experienced project managers

• I will actively seek out opportunities to lead projects and practice my skills

• I will regularly evaluate my progress and adjust my approach as needed

Tata Motors is an Indian multinational automotive manufacturing company.

• Tata Motors is a subsidiary of Tata Group, one of India's largest conglomerates.

• It is the largest automotive manufacturer in India and the 17th largest globally.

• Tata Motors produces a wide range of vehicles, including cars, trucks, buses, and military vehicles.

• They have a strong presence in both domestic and international markets.

• Some popular Tata Motors vehicles include the Tata Tiago, Tata Nexon, and Ta...read more

The type of XYZ is a software platform that utilizes machine learning algorithms to analyze data and provide insights.

• XYZ is a software platform

• It uses machine learning algorithms to analyze data

• It provides insights based on the analyzed data

• Examples of use cases include fraud detection, predictive maintenance, and customer segmentation

Google Maps is a web-based mapping service that provides detailed maps and directions.

• Advantages of Google Maps include accurate navigation, real-time traffic updates, and street view imagery.

• Disadvantages of mapping include potential privacy concerns and reliance on internet connectivity.

• Google Maps offers turn-by-turn directions, helping users navigate unfamiliar areas.

• It provides information about nearby businesses, such as restaurants, hotels, and gas stations.

• Users can e...read more

Yes, I have experience in customer handling.

• I have worked in customer service roles where I interacted with customers on a daily basis.

• I am skilled in resolving customer complaints and providing excellent service.

• I am able to remain calm and professional in challenging situations.

• I have received positive feedback from customers for my communication and problem-solving skills.

To improve model performance beyond hyperopt, consider ensemble methods, feature engineering, and data augmentation.

• Implement ensemble methods like bagging, boosting, or stacking to combine multiple models.

• Perform feature engineering to create new informative features or transform existing ones.

• Apply data augmentation techniques to increase the size and diversity of the training data.

• Consider using advanced algorithms like XGBoost, Random Forest, or Neural Networks.

• Regularize...read more

Debt service coverage ratio is a financial metric used to measure a company's ability to pay its debts.

• It is calculated by dividing a company's net operating income by its total debt service.

• A ratio of 1 or higher indicates that a company is generating enough income to cover its debt payments.

• Lenders often use this ratio to assess a borrower's creditworthiness before approving a loan.

• For example, if a company has a net operating income of $100,000 and total debt service of $8...read more

Yes, I have knowledge of invoice processing.

• I have experience in processing invoices using accounting software such as QuickBooks and Xero.

• I am familiar with the process of verifying and reconciling invoices with purchase orders and receipts.

• I have also worked on resolving discrepancies and errors in invoices.

• In my previous role, I was responsible for managing the entire invoice processing cycle from receipt to payment.

Drop deletes the table structure and data, truncate deletes only data, and delete deletes specific rows.

• Drop: removes the table and all its data permanently

• Truncate: removes all data from the table but keeps the structure

• Delete: removes specific rows from the table based on a condition

• Drop and truncate cannot be rolled back, but delete can be

• Drop and truncate reset the identity of the table, but delete does not

Option pricing involves calculating the value of an option based on various factors.

• The current price of the underlying asset is a key factor in option pricing.

• Volatility of the underlying asset also plays a significant role.

• Time to expiration, interest rates, and strike price are other important factors.

• Various models such as Black-Scholes and binomial models are used to price options.

• Option pricing can be complex and requires a thorough understanding of financial markets.

SDLC process involves planning, designing, developing, testing, and deploying software.

• 1. Planning phase involves defining project scope, requirements, and creating a project plan.

• 2. Design phase includes creating system architecture, database design, and user interface design.

• 3. Development phase involves coding, unit testing, and integration testing.

• 4. Testing phase includes system testing, user acceptance testing, and fixing bugs.

• 5. Deployment phase involves releasing the ...read more

Collection is a data structure that stores a group of elements.

• Examples of collections are arrays, lists, sets, and maps.

• A procedure is a named block of code that can be called multiple times.

• A function is a named block of code that returns a value.

• A trigger is a special type of stored procedure that is automatically executed in response to certain events.

• A package is a collection of related procedures, functions, and other program objects.

Key factors for effective budgeting

• Set clear financial goals and objectives

• Identify and prioritize expenses

• Track and analyze income and expenses

• Create a realistic budget based on available resources

• Regularly review and adjust the budget as needed

• Consider unexpected expenses and emergencies

• Seek professional advice if needed

Common diseases include asthma, hypertension, diabetes, and cancer.

• Asthma is a chronic respiratory disease that causes difficulty breathing.

• Hypertension is a condition where the blood pressure in the arteries is consistently high.

• Diabetes is a metabolic disorder that affects the body's ability to produce or use insulin.

• Cancer is a group of diseases characterized by the uncontrolled growth and spread of abnormal cells.

Some common technical or computer languages include Java, Python, C++, and JavaScript.

• Java

• Python

• C++

• JavaScript

Accruals and depreciation are important concepts in accounting.

• Accruals are adjustments made to ensure that expenses and revenues are recognized in the period they occur, regardless of when cash is exchanged.

• Journal entries for accruals involve debiting an expense account and crediting a liability account.

• Depreciation is the allocation of the cost of a fixed asset over its useful life to reflect its gradual consumption, wear and tear, or obsolescence.

• Journal entries for depre...read more

Using stream, find the second largest number.

• Sort the stream in descending order and return the second element.

• Use the reduce() method to compare and find the second largest number.

• Create a priority queue and add elements to it. Pop the second largest element from the queue.

Yes, distribution is a crucial aspect of revenue management as it involves reaching the right customers through various channels.

• Distribution helps in maximizing revenue by ensuring products or services reach the target market efficiently.

• Effective distribution strategies can help in increasing sales and market share.

• Utilizing different distribution channels such as online platforms, retailers, wholesalers, and direct sales can help in reaching a wider customer base.

• Proper di...read more

There are two types of profits in an income statement: gross profit and net profit.

• Gross profit is the difference between revenue and the cost of goods sold.

• Net profit is the remaining amount after deducting all expenses from the gross profit.

• Both profits are important indicators of a company's financial performance.

Equity in capital market refers to ownership in a company represented by shares of stock.

• Equity represents ownership in a company

• Investors who hold equity in a company are entitled to a portion of its profits

• Equity can be bought and sold on the stock market

• Shareholders have voting rights and may receive dividends

Artificial intelligence can both support and disrupt employment depending on the industry and job roles.

• AI can automate repetitive and mundane tasks, leading to job loss in industries like manufacturing and customer service.

• However, AI can also create new job opportunities in fields like data science and AI development.

• AI can also enhance productivity and efficiency, leading to job growth in industries that adopt it.

• It is important for individuals and organizations to adapt a...read more

The question from certification is related to picking a question.

• Read the question carefully to understand what is being asked.

• Consider the context of the certification and the knowledge required to answer the question.

• Choose a question that you feel confident in answering based on your expertise.

• Provide a clear and concise response to demonstrate your understanding and knowledge.

SharePoint 2013 is an on-premises version while SharePoint Online is cloud-based.

• SharePoint 2013 requires on-premises infrastructure, while SharePoint Online is cloud-based.

• SharePoint 2013 requires manual updates and maintenance, while SharePoint Online is automatically updated by Microsoft.

• SharePoint 2013 has a one-time licensing fee, while SharePoint Online is subscription-based.

• SharePoint 2013 has limited storage capacity, while SharePoint Online offers scalable storage op...read more

1kl is equal to 1000 liters.

• 1kl = 1000 liters

• kl stands for kiloliter

• Used to measure volume of liquids

Model attributes play a crucial role in determining the performance of a model.

• Model attributes include features, hyperparameters, and algorithms.

• The choice of attributes can impact the accuracy, speed, and interpretability of the model.

• For example, increasing the number of features can improve accuracy but also increase the risk of overfitting.

• Similarly, adjusting hyperparameters like learning rate can affect the speed and convergence of the model.

• Choosing the right algorith...read more

Profitability analysis in the credit cards business involves evaluating the financial performance and returns generated by credit card operations.

• Profitability analysis helps assess the effectiveness of credit card strategies and identify areas for improvement.

• Key metrics for profitability analysis include net interest margin, fee income, credit losses, and operating expenses.

• Comparing profitability across different customer segments and product offerings can provide insights...read more

Hedge funds are alternative investment vehicles that use pooled funds from accredited investors to generate high returns.

• Hedge funds are managed by professional fund managers.

• They use a variety of investment strategies, including leveraging, short-selling, and derivatives trading.

• Hedge funds are only available to accredited investors due to their high-risk nature.

• They are not regulated by the SEC like mutual funds.

• Examples of hedge funds include Bridgewater Associates, Renais...read more

Medical terminology refers to the language used by healthcare professionals to describe the human body, medical procedures, and diseases.

• Medical terminology is based on Latin and Greek roots, prefixes, and suffixes.

• It is important for healthcare professionals to have a strong understanding of medical terminology in order to communicate effectively with colleagues and patients.

• Examples of medical terminology include terms like 'myocardial infarction' (heart attack), 'pneumonia...read more

Arrow functions are concise syntax for writing functions in ES6. They do not have their own 'this' keyword.

• Arrow functions do not have their own 'this' keyword, they inherit 'this' from the parent scope.

• Normal function expressions have their own 'this' keyword, which is determined by how the function is called.

• Arrow functions are more concise and have implicit return, while normal functions require explicit return statement.

A financial statement is a report that shows the financial performance and position of a company.

• Financial statements include the balance sheet, income statement, and cash flow statement.

• They provide information on a company's revenue, expenses, assets, liabilities, and equity.

• Financial statements are used by investors, creditors, and analysts to evaluate a company's financial health.

• Examples of financial statements include annual reports, quarterly reports, and 10-K filings....read more