Professional 1 Business Analyst Interview Questions and Answers

Different testing methodologies include black box, white box, grey box, manual, automated, and exploratory testing.

• Black box testing: testing without knowledge of internal workings

• White box testing: testing with knowledge of internal workings

• Grey box testing: combination of black and white box testing

• Manual testing: testing done manually by a human

• Automated testing: testing done by software tools

• Exploratory testing: testing done without a predefined test plan

• Examples: Seleniu...read more

Life insurance is a contract between an insurer and a policyholder, where the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

• Life insurance provides financial protection to the family of the insured in case of their untimely death.

• The policyholder pays a premium to the insurer in exchange for the death benefit.

• There are different types of life insurance policies, such as term life, whole life, and universal life.

• Life insuran...read more

Defect lifecycle is the process of identifying, reporting, fixing, and verifying defects in software development.

• Defects are identified through testing or user feedback

• Defects are reported to the development team

• The development team fixes the defects

• The fixed defects are verified through testing

• Defects can be reopened if they are not fully resolved

• The lifecycle ends when all defects are resolved and verified

Life insurance provides financial protection to beneficiaries upon the death of the policyholder, while reinsurance is insurance for insurance companies.

• Life insurance pays out a lump sum to beneficiaries upon the death of the policyholder

• Reinsurance is insurance for insurance companies, protecting them from large losses

• Life insurance is typically purchased by individuals, while reinsurance is purchased by insurance companies

• Life insurance policies can be term or permanent, w...read more