Find Interview Questions for Top Companies
Toronto district school board Interview Questions and Answers
Ques:- A bank has a new credit card product. How would you price it?
Right Answer:
To price a new credit card product, consider the following factors:

1. **Cost Analysis**: Calculate the costs associated with issuing and managing the card, including operational costs, marketing, and customer service.

2. **Market Research**: Analyze competitors' pricing strategies and features to understand market standards and customer expectations.

3. **Target Audience**: Identify the target demographic and their willingness to pay for specific features or benefits.

4. **Risk Assessment**: Evaluate the credit risk associated with potential customers and adjust pricing to mitigate losses from defaults.

5. **Value Proposition**: Determine the unique features of the card (e.g., rewards, cashback, travel benefits) and price it based on the perceived value to customers.

6. **Regulatory Compliance**: Ensure pricing adheres to legal and regulatory requirements in the banking industry.

7. **Feedback Loop**: After launch, gather customer feedback and monitor usage patterns to adjust pricing as necessary.

Set an introductory rate or promotional offers to attract
Ques:- A company is having a cash flow problem and needs to reduce its costs, otherwise it will have to lay off staff. How should the company proceed?
Right Answer:
The company should analyze its expenses to identify non-essential costs that can be reduced or eliminated, negotiate better terms with suppliers, consider temporary salary reductions or furloughs instead of layoffs, and explore ways to increase revenue, such as improving sales strategies or offering promotions.
Ques:- Forming a team, developing the team and improving knowledge are direct responsibilities of the project manager, do you agree?
Right Answer:
Yes, I agree. Forming a team, developing the team, and improving knowledge are key responsibilities of a project manager.
Ques:- How can it help me in my role?
Right Answer:
Understanding project management principles can help you effectively plan, execute, and monitor projects, ensuring they are completed on time and within budget. It also enhances your ability to communicate with team members, manage resources efficiently, and mitigate risks, ultimately leading to successful project outcomes.
Ques:- How do you monitor risks to the project and mitigate them?
Right Answer:
I monitor risks by regularly reviewing the risk register, conducting risk assessments, and holding team meetings to discuss potential issues. To mitigate risks, I develop response plans, prioritize risks based on their impact and likelihood, and implement strategies such as avoidance, transfer, acceptance, or mitigation. I also track the effectiveness of these strategies and adjust them as necessary throughout the project lifecycle.
Ques:- Quality, Risk Management, Issue management, mentoring, problem solving; coding.
Right Answer:
Quality management ensures that project deliverables meet the required standards. Risk management involves identifying, assessing, and mitigating potential issues that could impact the project. Issue management focuses on resolving problems that arise during the project lifecycle. Mentoring involves guiding and supporting team members to enhance their skills. Problem-solving is the process of finding solutions to obstacles that hinder project progress. Coding refers to the technical aspect of developing software or applications as part of the project deliverables.
Ques:- QA QC MECHANICAL ENGR
Right Answer:
QA (Quality Assurance) and QC (Quality Control) in mechanical engineering involve ensuring that products meet specified standards and requirements through systematic processes. QA focuses on preventing defects by improving processes, while QC involves inspecting and testing products to identify defects.
Ques:- What are the responsibilities of a QA engineer?
Right Answer:
A QA engineer is responsible for designing test plans, creating and executing test cases, identifying and documenting defects, ensuring software quality, collaborating with development teams, and verifying that products meet specified requirements before release.
Ques:- How do I combine multiple sheets into one?
Right Answer:
To combine multiple sheets into one in CSS, you can use the `@import` rule to import styles from different CSS files into a single main stylesheet. Alternatively, you can manually copy and paste the CSS rules from each sheet into one file.
Ques:- What is ID selector?
Right Answer:
An ID selector is a CSS selector that targets an HTML element with a specific ID attribute, using the hash symbol (#) followed by the ID name. For example, `#myId` would select the element `<div id="myId">`.
Ques:- What is embedded style? How to link?
Right Answer:
Embedded style refers to CSS styles that are defined within a `<style>` tag in the `<head>` section of an HTML document. To link an embedded style, you simply include the `<style>` tag with your CSS rules inside it, like this:

```html
<head>
<style>
/* CSS rules go here */
body {
background-color: lightblue;
}
</style>
</head>
```
Ques:- HOW we can use css
Right Answer:
CSS can be used by linking a stylesheet to an HTML document using the `<link>` tag in the `<head>` section, by embedding styles directly within a `<style>` tag in the `<head>`, or by applying inline styles directly to HTML elements using the `style` attribute.
Ques:- Document Style Semantics and Specification Language (DSSSL)?
Right Answer:
Document Style Semantics and Specification Language (DSSSL) is a language used for specifying the style and formatting of documents written in SGML (Standard Generalized Markup Language) and XML. It allows for the separation of content from presentation, enabling the transformation and rendering of documents in various formats.
AmbitionBox Logo

What makes Takluu valuable for interview preparation?

1 Lakh+
Companies
6 Lakh+
Interview Questions
50K+
Job Profiles
20K+
Users