Question: What is difference between singleton and prototype bean?

Answer: Basically a bean has scopes which defines their existence on the application

Singleton: means single bean definition to a single object instance per Spring IOC container.

Prototype: means a single bean definition to any number of object instances.

Whatever beans we defined in spring framework are singleton beans. There is an attribute in bean tag named �singleton� if specified true then bean becomes singleton and if set to false then the bean becomes a prototype bean. By default it is set to true. So, all the beans in spring framework are by default singleton beans.

<bean id="createNewStock" class="springexample.stockMarket.CreateNewStockAccont" singleton="false">
<property name="newBid"/>
</bean>