Interview questions for Mobile Solution Architect Position

#	Questions
1	What are hybrid applications ?
2	What are web applications ?
3	Difference between Native against Hybrid applications
4	How does native and Mobile Web applications interact with web services
5	How do you determine the bugs found are related to client side issue or server side issue
6	What kind of reporting mechanism is used ?
7	For web applications :
		How sessions are managed on websites ?
		How cookies are stored ?
		Different kinds of  request methods: GET/PUT/POST

Explain Financial Intermediation

 

Explain Financial Intermediation

 "The process performed by banks of taking in funds from a depositor and then lending them out to a borrower is known as financial intermediation. The banking business thrives on the financial intermediation abilities of financial institutions that allow them to lend out money at relatively high rates of interest while receiving money on deposit at relatively low rates of interest.

The savings/investment process in capitalist economies is organized around financial intermediation, making them a central institution of economic growth. Financial intermediaries are firms that borrow from consumer/savers and lend to companies that need resources for investment. In contrast, in capital markets investors contract directly with firms, creating marketable securities. The prices of these securities are observable, while financial intermediaries are opaque."

GDP deflator

Define GDP deflator

An index called the GDP deflator can be obtained by dividing, for each year, the nominal GDP by the real GDP. It gives an indication of the overall level of inflation or deflation in the economy. GDP Deflator can be calculated using the following formula:

GDP Deflator = \frac{Nominal GDP}{Real GDP} \times 100

How are NPA(Non Performing Assets) identified? - Banking Basics

How are NPA(Non Performing Assets) identified?

An asset, including a leased asset, becomes non­ performing when it ceases to generate income for the bank. A non ­performing asset (NPA) is a loan or an advance where;

1. Interest and/ or installment of principal remain overdue for a period of more than 90 days in respect of a term loan,
2. the account remains ‘out of order’ in respect of an Overdraft/Cash Credit (OD/CC).
   ◦An account should be treated as 'out of order' if the outstanding balance remains continuously in excess of the sanctioned limit/drawing power. In cases where the outstanding balance in the principal operating account is less than the sanctioned limit/drawing power, but there are no credits continuously for 90 days as on the date of Balance Sheet or credits are not enough to cover the interest debited during the same period, these accounts should be treated as 'out of order'.
3. the bill remains overdue for a period of more than 90 days in the case of bills purchased and discounted
   Any amount due to the bank under any credit facility is ‘overdue’ if it is not paid on the due date fixed by the bank.
4. the installment of principal or interest there on remains overdue for two crop seasons for short duration crops,
5. the installment of principal or interest there on remains overdue for one crop season for long duration crops,
6. the amount of liquidity facility remains outstanding for more than 90 days, in respect of a securitisation transaction
7. in respect of derivative transactions, the overdue receivables representing positive mark-to-market value of a derivative contract, if these remain unpaid for a period of 90 days from the specified due date for payment.

Banks should, classify an account as NPA only if the interest due and charged during any quarter is not serviced fully within 90 days from the end of the quarter.