Bajaj Electricals Accountant Interview Questions and Answers

Q1. Explain about Tds and sections
Ans. 
TDS stands for Tax Deducted at Source. It is a system introduced by the Income Tax Department to collect tax at the source of income.
• TDS is deducted by the payer at the time of making payment to the payee.

• Various sections of the Income Tax Act specify the rates and thresholds for TDS deductions.

• For example, Section 194C deals with TDS on payments to contractors and sub-contractors.

• TDS certificates like Form 16 and Form...read more
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Q2. 194C 1. Individual 1% and company 2%
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Q3. Introduce your self
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Q4. Self Introduction
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Q5. Purchase entry and purchase process
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Q6. Quotation and PO, Inward, GRN, Purchase Entry
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Q7. Sales Invoicing
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Q8. Pic the line item from the Stock then make an Invoice
Ans. 
The line item from the Stock can be selected based on the customer's order and then used to create an Invoice.
• Identify the specific line item in the Stock based on the customer's order details

• Ensure the accuracy of the item selected, including quantity and pricing

• Transfer the selected item to the Invoice template and generate the final document
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Q9. GRN Process How will Make an entry
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The GRN process involves making an entry to record goods received into inventory.
• Create a journal entry debiting Inventory and crediting Accounts Payable or Purchase Order

• Include details such as quantity, unit cost, and total cost in the entry

• Ensure the entry is accurately recorded in the accounting system
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Q10. When the buyer receive the goods, the stores department will inspect them against purchase order and examine their physical condition
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Q1. What kind of skills you have
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I have a diverse range of skills including leadership, communication, problem-solving, and strategic planning.
• Leadership: I have successfully managed teams and projects, providing guidance and support to achieve goals.

• Communication: I am skilled in both written and verbal communication, able to effectively convey ideas and information.

• Problem-solving: I have a strong analytical mindset and can identify and resolve comp...read more
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Q2. Ask the question related subjects
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Q3. Explain the overall experience
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The overall experience was highly rewarding and impactful.
• Successfully managed a team of 20 employees and achieved a 20% increase in productivity.

• Implemented new strategies that resulted in a 15% reduction in costs.

• Led a project that resulted in a 30% increase in customer satisfaction.

• Developed and maintained strong relationships with key stakeholders.

• Effectively resolved conflicts and promoted a positive work environm
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Q4. Define the process what you learn in current job
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The process of learning in my current job involves continuous learning, applying new knowledge, and reflecting on experiences.
• Continuous learning through attending workshops, webinars, and conferences

• Applying new knowledge by implementing new strategies and techniques in daily tasks

• Reflecting on experiences by analyzing successes and failures and identifying areas for improvement

• Seeking feedback from colleagues and sup
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Q1. Intro, pwat experience and expectations
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Q2. I have cleared all things
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Q1. Regarding product development and projects management
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They ask me to tell your job responsibilities.

They want to know my Assignments and overall experience in my past companies.

Q1. Its a one to one discussion only.
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Q2. Its all about the relavent field of the candidates.
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Q3. Wahat is ur dear base, what is the present business volume etc
Ans. 
My dear base is in strategic planning and my current business volume is $5 million.
• My dear base is in strategic planning

• Current business volume is $5 million
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Q4. How much ur annual ctc etc
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My annual CTC is confidential and I prefer not to disclose it.
• I am not comfortable sharing my exact annual CTC.

• I am open to discussing the salary range for this position.

• I am more interested in the growth opportunities and challenges this role offers.

• I am willing to negotiate a fair compensation package based on my skills and experience.
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Q5. Tell me about family backgrounds
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The question asks about the family backgrounds of the candidate.
• Provide a brief overview of your family background

• Highlight any notable achievements or experiences of your family members

• Discuss how your family background has influenced your values or work ethic
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Q6. What is ur expectations
Ans. 
I expect a challenging role with opportunities for growth and development.
• Opportunities for learning and development

• A supportive and collaborative team environment

• Clear expectations and goals

• Regular feedback and performance evaluations

• Competitive compensation and benefits

• Work-life balance

• Opportunities for advancement within the company
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Q1. How to calculate fault level?
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Fault level is calculated by determining the maximum current that can flow through a fault in the power system.
• Determine the voltage of the power system

• Determine the impedance of the power system

• Use Ohm's law to calculate the maximum current that can flow through the fault

• Consider the type of fault (single-phase, two-phase, three-phase) and location in the power system

• Use software tools like ETAP or SKM to calculate fa
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