Incor Infrastructure Interview Questions and Answers

Rolling margin of steel refers to the difference between the theoretical weight of steel and the actual weight after rolling.

• Rolling margin is calculated by subtracting the actual weight of rolled steel from the theoretical weight.

• It accounts for factors like material loss during the rolling process and variations in density.

• Understanding rolling margin is important for accurate billing and cost estimation in steel pro

OHC stands for Over Head Charges while Wege Escalation is a term used in construction projects.

• OHC refers to additional charges incurred during a project that are not directly related to labor or materials

• Wege Escalation refers to the increase in costs due to delays or changes in the project timeline

• OHC can include expenses like equipment rental, permits, or insurance

• Wege Escalation can occur when there are unexpected ...read more

Measurement of brick work, shuttering, scaffolding, plaster, and painting is typically done in square meters or cubic meters depending on the item.

• Brick work is measured in square meters (m²)

• Shuttering is measured in square meters (m²)

• Scaffolding is measured in cubic meters (m³)

• Plaster is measured in square meters (m²)

• Painting is measured in square meters (m²)

My strength lies in my ability to analyze complex structural problems and come up with innovative solutions.

• Strong analytical skills to identify key issues

• Ability to think creatively to find unique solutions

• Experience in using advanced structural analysis software

• Effective communication skills to collaborate with team members and clients

I overcome my weaknesses by acknowledging them, seeking feedback, setting goals for improvement, and continuously working on them.

• Acknowledge the weakness and accept it as a part of personal growth

• Seek feedback from mentors, colleagues, or supervisors to gain different perspectives

• Set specific and achievable goals for improvement

• Develop a plan or strategy to work on the weakness consistently

• Reflect on progress regularl

Section 194C of TDS sets the limit for deduction rates.

• Section 194C of TDS pertains to payments to contractors/sub-contractors.

• The current rate of TDS deduction under section 194C is 1% for individual or HUF payers and 2% for others.

• If the payee does not provide PAN, the TDS rate under section 194C is 20%.

• The threshold limit for TDS deduction under section 194C is Rs. 30,000 for a single payment and Rs. 1,00,000 for ag

GST Input & Output Adjustment Entry is used to correct errors in reporting GST liabilities and claiming input tax credits.

• GST Input Adjustment Entry is used to correct errors in claiming input tax credits for purchases subject to GST.

• GST Output Adjustment Entry is used to correct errors in reporting GST liabilities for sales subject to GST.

• These adjustments are necessary to ensure accurate reporting and compliance with...read more

GST input is shown on the asset side of the balance sheet.

• GST input is considered as an asset because it represents the amount of GST paid on purchases that can be claimed back.

• It is typically shown under current assets if it is expected to be recovered within one year.

• For example, if a company has paid $1,000 in GST on purchases, it would show as GST input $1,000 under current assets on the balance sheet.