Examination Preparation Materials - Model Questions

Applied Fintech Engineering - Elective III (IOE, Pulchowk Campus)

The marking scheme and distribution for each chapter shall be as follows

Chapter

Chapter Name

Hrs

Marks

1

Fintech in Nepal

6 hrs

10 marks

2

Fintech General Practices and high level understanding

5 hrs

10 marks

3

Applications in Fintech

4 hrs

15 marks

4

Engineering Practices for Fintech at Scale

12 hrs

20 marks

5

Fintech Project Management:

8 Hrs

10 marks

6

Getting Prepared in Devops

6 hrs

5 marks

7

The Career Path in Fintech Industry

4 hrs

10 marks

Please find below the chapter-wise model questions for the course. Additional sample questions will be added as the course advances.

Chapter 1 - Fintech in Nepal

6 Hrs / 10 Marks

QNo

Question

Marks

1.1

What is the difference between PSO and PSP ? Provide examples of one PSO and one PSP in Nepal and justify why they are defined so based upon the type of business.

10

1.2

What is a Neo-Bank, and why is it different from a traditional Bank?

10

1.3

What is a virtual private address (VPA) and how UPI India is using it to standardize the payment ecosystem. Explain with a practical use case.

10

1.4

Explain TLV format and construct a TLV scheme of your own for any sample data structure of your own.

10

Chapter 2 - Fintech General Practices and High Level Understanding

5 Hrs / 10 Marks

QNo

Question

Marks

2.1

What are sessions and settlements in financial ecosystem

10

2.2

What is a four party model in fintech ecosystem

10

2.3

What is tokenization in the fintech ecosystem? Explain with a simple use case

10

2.4

Define MDR and MSF

10

2.5

What is Idempotency in Payment - elaborate with a simple example (no coding required)

10

Chapter 3 - Applications in Fintech

4 hrs / 15 Marks

QNo

Question

Marks

3.1

What is a payment rail application ? Give an example on how a payment rail application integrates into some software.

15

3.2

Define RegTech with some examples

15

3.3

Why is crypto currency regarded as anonymous ? Provide 3 reasons and explain them.

15

3.4

Explain 3 fintech application areas with a short explanation to each

15

3.5

What is Fintech as a service ? explain with example

15

Chapter 4 - Engineering Practices for Fintech at Scale

12 Hrs / 20 Marks

QNo

Question

Marks

4.1

What is a multi-tenant system ? Explain two different implementations of multi-tenant systems that should run ideally with a single codebase.

5 + 15

4.2

Write 4 design patterns and explain each of them in details

20

4.3

Imagine the Rain phenomenon as a software process. Now model the process with components and data flow such that it works as an asynchronous system

20

4.4

Explain symmetric and asymmetric encryption in details with separate use cases

20

4.5

Explain a single scenario where symmetric and asymmetric encryption are used mutually together

20

4.6

Define Infrastructure as Code (IaC), Containerization with examples

20

4.7

Define CI/CD and explain a practical scenario of that

20

4.8

Explain RTO and RPO, and Define SLA, SLO, SLI in Site reliability engineering

10 + 10

4.9

Define Horizontal Scaling and Vertical Scaling. Explain Greenfield and Brownfield strategy of software development

10 + 10

Chapter 5 - Fintech Project Management

8 Hrs / 10 Marks

QNo

Question

Marks

5.1

Differentiate product management and project management

10

5.2

Differentiate Waterfall model and Agile model for software development

10

5.3

What is the difference between Product Owner and Scrum master ?

10

5.4

Mention any 5 principles from the agile manifesto

10

Chapter 6 - Getting Prepared in DevOps

6 Hrs / 5 Marks

QNo

Question

Marks

6.1

What is the difference between git pull, git merge and git fetch ?

5

6.2

What is the use of a compose file in docker ?

5

6.3

Create a sample pipeline in pseudo code

5

6.4

Explain the use of message bus in software design - with any one technology that you know

5

6.5

What is semantic versioning

5

6.6

Define SLA, SLO, SLI in Site Reliability Engineering

5

6.7

Differentiate Horizontal Scaling and Vertical Scaling

5

Chapter 7 - The Career Path in Fintech Industry

4 Hrs / 10 Marks

QNo

Question

Marks

7.1

What are the different areas of the Fintech Industry ? Provide 4 different types of Fintech industry components and write a short description of each.

10

7.2

What is a Risk and how Risk based scoring can be used in Decision engines ? Explain with some examples.

10

7.3

Mention 3 different career areas as a fintech engineer and provide a general explanation of the career.

10

7.4

Write 3 scopes of Artificial intelligence in Fintech Industry

10

7.5

Write 3 scopes of Blockchain implementation in Fintech industry

10