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The major differences between rate of interest and internal rate of return are as follows −Rate of interestIt is used to calculate performance of the investment over a period of time.The formula to calculate the rate of interest is Rate of interest = [(excepted value – original value)/original value}*100.It can estimate growth rate over the investment period.It does not consider future value of money.It is relatively easy to calculate.Internal rate of returnIt is used to calculate the rate of return on an investment for shorter period of time.The formula for calculating the internal rate of return is Internal rate of ... Read More
The major differences between company and firm are as follows −CompanyRegistration is mandatory to establish as a company.They have legal entity and can be sue/sued under its name.It requires minimum capital of 1 lakh for private company and 5 lakhs for public limited.It is certificate of incorporation and commencement.Maximum number of members for a private company are 200 and for a public company the maximum number of members are unlimited.There will be legal formalities when a company decides to wind up/dissolve.For a company management of concern are its Directors.There is a perpetual succession.FirmThere is no mandatory registration is required for ... Read More
The major differences between corporate strategy and business strategy are as follows −Corporate strategyIt helps the business to operate a whole organisation.Its main aim is to elevate profits and making company grow faster.It is formed by top level management.It deals with operations of total business organisation.It is long term strategy.It is formulated at organisation level.Examples − expansion, etc.Business strategyIt is concerned with ameliorating the overall performance of an organisation.Its main aim is to compete with other products in the market.It is developed by middle level management.It deals with particular unit/division of a business.It is short term strategy.It is formulated for ... Read More
The major differences between National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are as follows −NSENational Stock Exchange was founded in 1992.Its vision is “Continue to be a leader, establish a global presence, facilitate the financial well-being of people”.It is largest stock exchange in India.It is 11th largest stock exchange in the world.It facilities trading equity, equity derivatives, debt and currency derivatives segmentsbenchmark index is nifty.It is also called as The Largest Stock Exchange.The number of companies in this index are 50.More than 5000 companies are listed in NSE.It has high trading volume.BSEBombay Stock Exchange was founded in 1875.Its ... Read More
The major differences between NBFC and Bank are as follows −NBFCProvides banking services without holding banking license.Incorporated under companies Act 1956.Demand deposits are not accepted.100% foreign investments are accepted.Maintenance of reserve ratio are not compulsory.No deposit insurance facility is available.They don’t create credit creation.No transaction services are provided.BankIt is an authorised financial intermediary to provide banking services.Incorporated under banking regulation Act 1949.Demand deposits are accepted.Allows up to 74% for foreign investments in private sector.Maintenance of reserve ratio is compulsory.Deposit insurance facility is available.Banks create credit creation.Transaction services are provided.Read More
ConceptWith respect of a given an array of integers, our task is to determine the maximum absolute difference between the nearest left and the right smaller element of every element in the array. It should be noted that if there is no smaller element on right side or left side of any element then we accept zero as the smaller element. Here, for example for the leftmost element, the nearest smaller element on the left side is set as 0. In the same way, for rightmost elements, the smaller element on the right side is set as 0.Inputarr[] = {3, ... Read More
ConceptWith respect of given two arrays which are duplicates of each other except one element, that means one element from one of the array is missing, our task to determine that missing element.Inputarr1[] = {2, 5, 6, 8, 10} arr2[] = {5, 6, 8, 10}Output22 is missing from second array.Inputarr1[] = {3, 4, 5, 6} arr2[] = {3, 4, 5, 6, 7}Output77 is missing from first array.MethodHere, we apply one simple solution where we iterate over arrays and verify element by element and mark the missing element when an unmatched is detected. But the drawback of this solution is that ... Read More
ConceptWith respect of given two arrays, our task to determine the longest possible bitonic sequence so that increasing part must be from first array and should be a subsequence of first array. In the same way, decreasing part of must be from second array and should be a subsequence of it.Inputarr1[] = {2, 6, 3, 5, 4, 6}, arr2[] = {9, 7, 5, 8, 4, 3}Output2, 3, 4, 6, 9, 7, 5, 4, 3Inputarr1[] = {3, 1, 2, 4, 5}, arr2[] = {6, 4, 3, 2}Output1, 2, 4, 5, 6, 4, 3, 2MethodSo the concept is to implement longest increasing ... Read More
ConceptWith respect of a given string, determine the longest palindrome that can be formed by removing or shuffling characters from the string. Finally return only one palindrome if it hasbeen observed that there is multiple palindrome strings of longest length.InputpqrOutputp OR q OR rInputppqqrrOutputpqrrqp OR qprrpq OR rqppqr OR any other palindromic string of length 6.InputpqpOutputpqpMethodHere, We can partition any palindromic string into three parts – beg, mid and end. With respectof palindromic string of odd length say 2n + 1, here ‘beg’ consists of first n characters of the string, ‘mid’ consists of only 1 character that means (n ... Read More
ConceptWith respect of a given encoded string where repetitions of substrings are indicated as substring followed by count of substrings. So, for example, if encrypted string is “pq2rs2” and k=5, so output will be ‘r’ because decrypted string is “pqpqrsrs” and 5th character is ‘r’.It should be noted that frequency of encrypted substring can be of more than one digit. So, for example, in “pq12r3”, pq is repeated 12 times. Here, no leading 0 is present in frequency of substring.Input"p2q2r3", k = 6OutputrDecrypted string is "ppqqrrr"Input"pq4r2ts3", k = 11OutputtDecrypted string is "pqpqpqpqrrtststs"MethodHere, the stepwise algorithm is −Determine length of current ... Read More