Gravita Management Trainee Interview Questions and Answers

It was based on personality traits, data analysis, logical reasoning, and some psychometric analysis.

Q1. Why do you choose industry over practice
Add your answer
Q2. What is the accounting effect for Employee Embezzlement of Assets
Ans. 
Employee embezzlement of assets has a negative accounting effect on the company's financial statements.
• Reduction in assets on the balance sheet

• Increase in expenses on the income statement

• Potential decrease in net income

• Impact on cash flow statement due to loss of assets

• Possible need for restatement of financial statements

• Legal and regulatory implications
Answered by AI
Add your answer

Q1. What are the stages of project cycle ?
Ans. 
The stages of project cycle include initiation, planning, execution, monitoring and control, and closure.
• Initiation involves defining the project, identifying stakeholders, and creating a project charter.

• Planning involves creating a project plan, defining scope, creating a work breakdown structure, and identifying resources.

• Execution involves carrying out the project plan, managing resources, and communicating with sta...read more
Answered by AI
View 1 more answer
Q2. How is project IRR calculated?
Ans. 
Project IRR is calculated by finding the discount rate that makes the net present value of cash flows equal to zero.
• IRR is the rate at which the net present value of cash inflows equals the net present value of cash outflows.

• It is calculated by using trial and error or by using software like Microsoft Excel.

• IRR is used to evaluate the profitability of a project and to compare it with other investment opportunities.

• If t...read more
Answered by AI
Add your answer

Q1. What are the routes for making steel?
Ans. 
Routes for making steel include the blast furnace route and the electric arc furnace route.
• Blast furnace route involves the use of iron ore, coke, and limestone to produce steel.

• Electric arc furnace route involves melting scrap steel in an electric arc furnace to produce new steel.

• Other routes include the direct reduced iron (DRI) route and the smelting reduction route.

• Each route has its own advantages and disadvantage...read more
Answered by AI
Add your answer
Q2. What is blast furnace?
Ans. 
A blast furnace is a type of metallurgical furnace used for smelting to produce industrial metals, generally iron.
• Used for smelting industrial metals

• Commonly used for producing iron

• Involves the combustion of fuel and the introduction of ore, air, and limestone
Answered by AI
Add your answer

There are 40 questions
Timming for test is 40 minutes
1 minute for each question

Q1. Subject related questions
Add your answer

Q1. Tell me why do you want to join MECON?
Add your answer

Topic was Budget 2023

Q1. Major questions are about the company and job description
Add your answer