200+ Summer Intern Interview Questions and Answers for Freshers

Minimum number of persons required to find the poisoned milk bottle out of 8 bottles within 24 hours.

• Divide the bottles into groups of 3 and label them A, B, C.

• Give each person a different combination of groups to taste.

• If someone dies, the poisoned bottle is in that group.

• If no one dies, the poisoned bottle is in group D.

• Repeat the process with the bottles in the identified group.

Bid slightly less than the total amount in the other wallet to maximize profit.

• Find out the maximum amount you can bid without going over the total amount in the other wallet.

• Consider the number of bidders and their potential bids.

• Factor in the possibility of the other wallet having less money than your lost wallet.

• Example: If there are 10 bidders and the other wallet has at least 500 rupees, bid around 450-475 rupees.

• Example: If there are only 2 bidders and the other wallet ...read more

Implement targeted marketing strategies to enhance engagement and value for current account customers.

• Personalized Communication: Use data analytics to send tailored offers based on customer behavior, like discounts on frequently purchased products.

• Loyalty Programs: Introduce a rewards system that incentivizes repeat business, such as points for every transaction that can be redeemed for discounts.

• Customer Feedback Loop: Regularly solicit feedback through surveys to understan...read more

To find a missing number from 1 to 100 with O(1) time complexity.

• Use the formula n(n+1)/2 to find the sum of numbers from 1 to 100.

• Subtract the sum of given numbers from the sum of all numbers to find the missing number.

• Use a hash table to keep track of the given numbers and check for missing numbers in O(1) time.

Guesstimate the number of street lights required and expected profit for installing street lights in Lucknow.

• Conduct a survey to determine the number of streets in Lucknow

• Estimate the length of each street and the number of street lights required per km

• Calculate the total number of street lights required and the cost of installation

• Determine the profit margin based on the contract amount and installation cost

• Consider maintenance and operational costs in profit estimation

The engineer rotated the fan with a stick to overcome the initial friction and kickstart the motor.

• The fan may have been stuck due to lack of use or dust accumulation

• Rotating the fan manually helps overcome the initial friction and kickstarts the motor

• This method is a temporary fix and the fan may need further maintenance or repair

HashMap is a data structure that stores key-value pairs and provides constant time complexity for basic operations.

• HashMap is used to store and retrieve data based on unique keys.

• It is commonly used in programming languages to implement associative arrays or dictionaries.

• The time complexity to implement a HashMap is O(1) for basic operations like insertion, deletion, and retrieval.

To increase reach of SBI's digital banking products, I will use various marketing tools such as social media, email marketing, and targeted advertising.

• Create engaging social media content to showcase the benefits of digital banking

• Send personalized email campaigns to existing customers promoting digital banking products

• Utilize targeted advertising on platforms such as Google and Facebook to reach potential customers

• Partner with influencers or bloggers to promote SBI's digita...read more

Valuation for a bank involves using various ratios to assess its financial health and performance.

• Valuation for a bank typically involves analyzing its financial statements and using ratios to assess its financial health and performance.

• Some commonly used ratios for bank valuation include the price-to-earnings (P/E) ratio, return on assets (ROA), return on equity (ROE), and net interest margin (NIM).

• The P/E ratio helps determine the market value of a bank relative to its earn...read more

Count permutations with at least k positions having arr[i]=i

• Calculate number of permutations with exactly k positions having arr[i]=i

• Calculate number of permutations with exactly k+1 positions having arr[i]=i

• Subtract the above two values to get the final answer

Analysis of life insurance, general insurance, and fire and damage insurance with inputs on mode of delivery and role of brokers/agents.

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

• General insurance covers non-life assets like health, travel, motor, etc.

• Fire and damage insurance covers loss or damage to property due to fire, natural calamities, etc.

• Online mode of delivery is not very feasible in India due to low internet penetrati...read more

Toxic fluid in a shell and tube heat exchanger goes into the tube side.

• Toxic fluid is typically directed into the tubes of the heat exchanger.

• This is done to prevent contamination of the environment or other fluids in the system.

• Examples include chemical processing plants where toxic fluids need to be cooled or heated efficiently.

Find the nearest petrol station within 5 km using location data.

• Gather the coordinates of all petrol stations in the city.

• Obtain the current location coordinates of the car.

• Calculate the distance from the car's location to each petrol station using the Haversine formula.

• Filter out petrol stations that are more than 5 km away.

• Identify the petrol station with the minimum distance from the car's location.

JP Morgan is known for its global presence, diverse range of services, and innovative technology.

• JP Morgan has a strong global presence with operations in over 100 countries.

• They offer a diverse range of financial services including investment banking, asset management, and commercial banking.

• JP Morgan is known for its innovative technology, such as their blockchain platform Quorum.

• They have a strong reputation for risk management and compliance.

• JP Morgan has a focus on susta...read more

The relevant elements to consider in ascertaining the cost of creating a quote by an IT company

• Scope of the project

• Complexity of the requirements

• Labor costs

• Technology and tools required

• Timeframe for completion

• Overhead expenses

• Profit margin

• Competitor pricing

• Client's budget constraints

Roadside plantation is done along the sides of roads while normal plantation is done in fields or forests.

• Roadside plantation is done for aesthetic purposes and to prevent soil erosion.

• Normal plantation is done for commercial purposes like timber or fruit production.

• Roadside plantation requires regular maintenance to ensure safety for drivers and pedestrians.

• Normal plantation requires less maintenance as it is done in a controlled environment.

• Roadside plantation may also incl...read more

Applying DC voltage on a transformer will cause no current to flow through the transformer due to the absence of changing magnetic field.

• Applying DC voltage on a transformer will not induce any current flow as there is no changing magnetic field to create electromagnetic induction.

• The transformer will not be able to step up or step down the voltage as it requires alternating current to work properly.

• The transformer may experience saturation due to the constant magnetic field,...read more

Emergency measures for a leading cement manufacturer facing declining profits and decreasing prices.

• Reduce production to match demand

• Cut down on operational costs

• Explore new markets and diversify product range

• Offer discounts and promotions to increase sales

• Negotiate with suppliers for better prices on raw materials

• Invest in research and development to improve product quality and efficiency

Factors to determine customer satisfaction with bank services

• Customer feedback and surveys

• Number of complaints and their resolution

• Response time to customer queries and issues

• Availability of multiple channels for customer support

• Ease of use and convenience of banking services

• Competitive interest rates and fees

• Personalized and tailored banking experience

• Transparency in transactions and account information

• Security measures and protection against fraud

• Efficiency in processing tr...read more

We can inspire people to grow atleast one plant by educating them about the benefits of plants and providing easy-to-follow instructions.

• Highlight the benefits of plants such as improving air quality, reducing stress, and providing fresh produce

• Provide easy-to-follow instructions on how to grow a plant, including the right soil, watering schedule, and sunlight requirements

• Offer incentives such as free seeds or discounts on gardening supplies

• Create a community around plant gro...read more

To develop a marketing campaign, I would conduct market research, set clear objectives, identify target audience, create compelling content, choose appropriate channels, and measure campaign effectiveness.

• Conduct market research to understand the target market, competitors, and industry trends.

• Set clear objectives for the campaign, such as increasing brand awareness or driving sales.

• Identify the target audience and create buyer personas to tailor the campaign messaging.

• Create...read more

I believe my lack of experience can be mitigated by my eagerness to learn and adapt quickly in a systems internship.

• I am a fast learner and have successfully adapted to new environments in the past, such as when I learned programming languages independently.

• I have strong problem-solving skills, demonstrated by my participation in hackathons where I tackled unfamiliar challenges.

• I am proactive in seeking guidance and mentorship, which can help me overcome initial hurdles in th...read more

The bank's pricing strategy lacks transparency and flexibility, which can be improved by implementing tiered pricing and offering personalized packages.

• Lack of transparency in pricing: The bank should provide clear and easily understandable pricing information to customers.

• Lack of flexibility in pricing: The bank should offer different pricing options to cater to the diverse needs of customers.

• Implement tiered pricing: Introduce different pricing tiers based on customer segme...read more

Bank accounts can be classified into various types based on their features and usage.

• Savings account - for individuals to save money and earn interest

• Current account - for businesses to carry out transactions

• Fixed deposit account - for long-term savings with higher interest rates

• Recurring deposit account - for regular savings with fixed monthly deposits

• NRI account - for non-resident Indians to manage their finances in India

• Joint account - for two or more individuals to share ...read more

Bajaj Auto faces competition across various segments from brands like Hero, TVS, Honda, and Yamaha in the two-wheeler and three-wheeler markets.

• In the motorcycle segment, competitors include Hero MotoCorp, TVS Motor Company, and Honda.

• For scooters, Bajaj competes with brands like Honda (Activa), TVS (Jupiter), and Suzuki (Access).

• In the three-wheeler segment, key competitors are Piaggio, Mahindra, and TVS.

• In the electric vehicle segment, competitors include Ather Energy and O...read more

Indifference curves represent consumer preferences, showing combinations of goods yielding equal satisfaction.

• Assumption of rationality: Consumers aim to maximize utility.

• Indifference curves are downward sloping, indicating trade-offs between goods.

• Curvature reflects diminishing marginal rate of substitution; as one good increases, the other decreases.

• Normal goods: As income increases, consumers buy more of these goods, shifting the curve outward.

• Example: For goods X and Y, i...read more