DLC FORWARDERS Executive Interview Questions and Answers

Nirmala Sitharaman is the Finance Minister of India.

• Nirmala Sitharaman is the first full-time female Finance Minister of India.

• She was appointed as the Finance Minister in May 2019.

• Prior to this, she served as the Defence Minister of India.

• She has also worked as a Minister of State for Finance and Corporate Affairs.

• Sitharaman has played a key role in implementing several economic reforms in India.

GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.

• GST was implemented in India on July 1, 2017, replacing multiple indirect taxes

• It is a destination-based tax, meaning the tax is collected by the state where the goods or services are consumed

• GST has four tax slabs - 5%, 12%, 18%, and 28%, with some goods and services exempted from tax

• GST has simplif...read more

ISO 27001 control A.8.1.1 - Inventory of Assets

• A.8.1.1 requires organizations to maintain an inventory of assets

• This includes hardware, software, data, personnel, and facilities

• Example: An organization creates a detailed list of all computers, servers, software licenses, and sensitive data they possess

Implementing ISO 27001 involves establishing an information security management system (ISMS) to protect sensitive data.

• Conduct a risk assessment to identify potential security threats and vulnerabilities.

• Develop and implement security policies, procedures, and controls to mitigate risks.

• Train employees on security best practices and ensure compliance with ISO 27001 standards.

• Regularly monitor and review the ISMS to id...read more