The Factory Pattern is a creational design pattern that provides an interface for creating objects in a superclass but allows subclasses to alter the type of objects that will be created. It abstracts the instantiation process, enabling flexibility and scalability in object creation. For instance, in a GUI framework, the factory method might create different types of buttons (WindowsButton, MacButton) depending on the operating system. By decoupling the client code from concrete classes, this pattern promotes adherence to the Open/Closed Principle of SOLID. Why Other Options Are Incorrect :
Sarfaesi action cannot be imposed if ____________.
_________ is partial or complete disposal by sale, swap, close or bankruptcy of a business entity.
For which of the following reasons, offshore financial centers have faced criticism?
Which of the following is not true about Term Loans?
Free Cash flow to the Equity can be calculated from Cash flow from Operations as ___________
Group of employees trained in problem solving methods that meet regularly to resolve work environment, productivity, and quality control concerns to dev...
In which state is the Insurance Regulatory and Development Authority of India (IRDAI) headquartered?
NBFCs in India are companies that are registered under which of the following Act?
What is the feature launched by ICICI Lombard General Insurance for health insurance policyholders to avail cashless facilities at any hospital?
As per RBI draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024, in which of the following phase will achieving f...