Question 1 of 30
A financial services application hosted on Oracle WebLogic Server 12c is experiencing performance issues due to high database load during peak hours. The development team is considering implementing a caching strategy to alleviate this problem. Which caching approach would be most effective in this scenario, considering the need for quick access to frequently queried data while ensuring that the data remains consistent and up-to-date?
Implement in-memory caching for frequently accessed financial data, with a strategy for cache invalidation based on transaction updates.
Utilize distributed caching to share session data across multiple server instances without considering data consistency.
Apply HTTP session caching to store user session information, disregarding the need for data freshness in financial transactions.
Use a file-based caching mechanism to persist data on disk, which may introduce latency in data retrieval during peak hours.

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