Exceptions: Most programs throw and catch objects that derive from the Exception class. Exceptions indicate that a problem occurred but that the problem is not a serious JVM problem. An Exception class has many subclasses. These descendants indicate various types of exceptions that can occur. For example, NegativeArraySizeException indicates that a program attempted to create an array with a negative size. One exception subclass has special meaning in the Java language: RuntimeException. All the exceptions except RuntimeException are compiler checked exceptions. If a method is capable of throwing a checked exception it must declare it in its method header or handle it in a try/catch block. Failure to do so raises a compiler error. So checked exceptions can, at compile time, greatly reduce the occurrence of unhandled exceptions surfacing at runtime in a given application at the expense of requiring large throws declarations and encouraging use of poorly- constructed try/catch blocks. Checked exceptions are present in other languages like C++, C#, and Python. Runtime Exceptions (unchecked exception) A RuntimeException class represents exceptions that occur within the Java virtual machine (during runtime). An example of a runtime exception is NullPointerException. The cost of checking for the runtime exception often outweighs the benefit of catching it. Attempting to catch or specify all of them all the time would make your code unreadable and unmaintainable. The compiler allows runtime exceptions to go uncaught and unspecified. If you Java like, you can catch these exceptions just like other exceptions. However, you do not have to declare it in your “throws" clause or catch it in your catch clause. In addition, you can create your own RuntimeException subclasses and this approach is probably preferred at times because checked exceptions can complicate method signatures and can be difficult to follow.