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Ques:- What are design patterns and why are they important in software development
Right Answer:
Design patterns are reusable solutions to common problems that occur in software design. They provide a standard way to solve specific design issues, making code more understandable, maintainable, and scalable. They are important because they promote best practices, improve code quality, and facilitate communication among developers by providing a common vocabulary.
Ques:- What is performance tuning in ABAP and how do you improve performance
Right Answer:
Performance tuning in ABAP involves optimizing the code and database access to enhance the efficiency and speed of ABAP programs. To improve performance, you can:

1. Use efficient SQL queries (e.g., SELECT only necessary fields).
2. Minimize database accesses (e.g., use internal tables).
3. Avoid nested loops and use hash tables for faster lookups.
4. Utilize buffering for frequently accessed data.
5. Optimize the use of SELECT statements with proper WHERE conditions.
6. Use appropriate data types and structures.
7. Analyze and optimize the runtime using transaction ST05 (SQL Trace) and ST12 (Performance Analysis).
8. Implement parallel processing where applicable.
Ques:- What is a graph in Ab Initio and how do you create one
Right Answer:
A graph in Ab Initio is a visual representation of a data processing workflow that consists of components (like data sources, transformations, and targets) connected by data flows. To create a graph, you use the Ab Initio Graphical Development Environment (GDE) by dragging and dropping components onto the canvas, connecting them with links, and configuring their properties to define the data processing logic.
Ques:- What is the role of OOP (Object-Oriented Programming) in modern ABAP developme
Right Answer:
OOP in modern ABAP allows for better code organization, reusability, and maintainability by using classes and objects, enabling developers to create modular and scalable applications.
Ques:- How do you ensure the scalability and performance of a software system
Right Answer:
To ensure the scalability and performance of a software system, I would:

1. **Design for Scalability**: Use microservices architecture to allow independent scaling of components.
2. **Load Balancing**: Implement load balancers to distribute traffic evenly across servers.
3. **Caching**: Utilize caching mechanisms (like Redis or Memcached) to reduce database load and speed up response times.
4. **Database Optimization**: Use indexing, partitioning, and proper query optimization to enhance database performance.
5. **Asynchronous Processing**: Offload long-running tasks to background jobs or queues to improve responsiveness.
6. **Monitoring and Profiling**: Continuously monitor system performance and use profiling tools to identify bottlenecks.
7. **Horizontal Scaling**: Add more machines to handle increased load rather than relying solely on vertical scaling (upgrading existing hardware).
8. **Code Optimization**: Regularly review and refactor code to improve efficiency and reduce resource consumption.
Ques:- In order to attract deposits, banks offer various types of products with distinguishing features. As a student of banking law do you observe any challenge/threat from money laundering for banks in this struggle? Discuss
Right Answer:
Yes, banks face significant challenges from money laundering when attracting deposits. Money laundering can lead to reputational damage, regulatory penalties, and financial losses. Banks must implement strict compliance measures and due diligence processes to detect and prevent illicit activities, which can complicate their efforts to attract legitimate deposits.
Ques:- What are the fields used for Project Planning in Ms Project?
Right Answer:
The fields used for Project Planning in MS Project include:

1. Task Name
2. Duration
3. Start Date
4. Finish Date
5. Predecessors
6. Resources
7. Percent Complete
8. Work
9. Cost
10. Milestones
Ques:- Ent analysis or textual analysis is a methodology in the social sciences for studying the content of communication. Earl Babbie defines it as “the stu
Right Answer:
Content analysis is a research method used to systematically analyze communication content, such as texts, speeches, or media, to identify patterns, themes, and meanings.
Ques:- What are the steps involved in data cleaning
Right Answer:
1. Remove duplicates
2. Handle missing values
3. Correct inconsistencies
4. Standardize formats
5. Filter out irrelevant data
6. Validate data accuracy
7. Normalize data if necessary
Ques:- What is the difference between supervised and unsupervised learning
Right Answer:
Supervised learning uses labeled data to train models, meaning the output is known, while unsupervised learning uses unlabeled data, where the model tries to find patterns or groupings without predefined outcomes.
Ques:- What are some common data visualization techniques
Right Answer:
Some common data visualization techniques include:

1. Bar Charts
2. Line Graphs
3. Pie Charts
4. Scatter Plots
5. Histograms
6. Heat Maps
7. Box Plots
8. Area Charts
9. Tree Maps
10. Bubble Charts
Ques:- How do you handle missing data in a dataset
Right Answer:
To handle missing data in a dataset, you can use the following methods:

1. **Remove Rows/Columns**: Delete rows or columns with missing values if they are not significant.
2. **Imputation**: Fill in missing values using techniques like mean, median, mode, or more advanced methods like KNN or regression.
3. **Flagging**: Create a new column to indicate missing values for analysis.
4. **Predictive Modeling**: Use algorithms to predict and fill in missing values based on other data.
5. **Leave as Is**: In some cases, you may choose to leave missing values if they are meaningful for analysis.
Ques:- What is exploratory data analysis (EDA)
Right Answer:
Exploratory Data Analysis (EDA) is the process of analyzing and summarizing datasets to understand their main characteristics, often using visual methods. It helps identify patterns, trends, and anomalies in the data before applying formal modeling techniques.
Ques:- Explain: Perpetual inventory system and its aims.
Right Answer:
A perpetual inventory system is a method of tracking inventory levels in real-time, updating records continuously as sales and purchases occur. Its aims are to provide accurate inventory data, improve stock management, reduce discrepancies, and enhance decision-making regarding inventory control.
Ques:- What are the principles of cash management?
Right Answer:
The principles of cash management include:

1. **Cash Flow Forecasting**: Predicting future cash inflows and outflows.
2. **Liquidity Management**: Ensuring sufficient cash is available to meet obligations.
3. **Cash Collection**: Efficiently collecting receivables to improve cash flow.
4. **Disbursement Control**: Managing payments to optimize cash usage.
5. **Investment of Surplus Cash**: Investing excess cash to earn returns while maintaining liquidity.
6. **Monitoring and Reporting**: Regularly reviewing cash positions and performance.
Ques:- Why historical costs have no managerial use?
Right Answer:
Historical costs have no managerial use because they do not reflect current market conditions or future economic realities, making them less relevant for decision-making and strategic planning.
Ques:- List out the advantages and disadvantages of Factoring?
Right Answer:
**Advantages of Factoring:**
1. Immediate cash flow: Provides quick access to funds.
2. Reduced credit risk: The factor assumes the risk of bad debts.
3. Improved cash management: Helps manage receivables more effectively.
4. No debt incurred: It’s not a loan, so it doesn’t affect credit ratings.

**Disadvantages of Factoring:**
1. Cost: Can be expensive due to fees and interest rates.
2. Loss of control: The factor manages customer relationships and collections.
3. Dependency: Businesses may become reliant on factoring for cash flow.
4. Potential impact on customer perception: Customers may view factoring negatively.
Ques:- Define Modigliani- Miller (M and M) approach?
Right Answer:
The Modigliani-Miller (M&M) approach is a theory in corporate finance that states that, under certain conditions, a firm's value is unaffected by its capital structure (the mix of debt and equity financing). This means that the way a company finances itself does not impact its overall value or the cost of capital, assuming no taxes, bankruptcy costs, or asymmetric information.
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