Bharath Viswam :
Can A Ups power loss cause any problems
As the other responder says, it is the same as losing power without a UPS attached. Problem may not appear immediately either. When power drops unexpectedly disks can be vulnerable. Open files can be corrupted and data sitting in a cache will not be written. The 'dirty' bit will be set so CHKDSK should be run on the next boot. That 'may' fix any problem.
There are basically 2 types of UPS's, what I'll call standard which 'simulates' an AC waveform and works for older computers. Newer ones (and some servers) require PFC, Power Form Correction, UPS's. If your PC has a PFC PSU you can not use the Standard ones, the PC is drop power when that type kicks in due to AC power loss. There are some AVR UPS's that may work with a PFC PSU though, but not reliably.
Also, most if not all UPS's have a USB cable that with the UPS s/w will properly shutdown a PC with the loss of AC power, and can run the PC and attached devices for a period of time after AC power loss for you to close application or do some work and then shutdown. Once the UPS has reached its power supply limit it will automatically shutdown though.