Indian Energy Exchange Assistant Manager Interview Questions and Answers

Q1. Related to the collective market
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Q2. What is the process of DAM?
Ans. 
DAM stands for Digital Asset Management, which is the process of organizing, storing, and retrieving digital assets such as images, videos, documents, and more.
• Organizing digital assets in a centralized repository

• Adding metadata to assets for easy search and retrieval

• Controlling access to assets based on user permissions

• Ensuring version control and asset security

• Integrating with other systems for seamless workflows
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Q3. Open access regulation with respect to exchange?
Ans. 
Open access regulation refers to policies that promote fair and equal access to exchanges.
• Open access regulation aims to prevent monopolies and promote competition in the exchange market.

• It ensures that all market participants have equal opportunities to access and trade on the exchange.

• Examples of open access regulation include requirements for exchanges to provide fair access to all market participants and to disclos...read more
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Q4. How exchange work?
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Exchanges work by facilitating the buying and selling of goods, services, or financial instruments between parties.
• Exchanges provide a platform for buyers and sellers to come together and make transactions.

• They typically have rules and regulations in place to ensure fair and orderly trading.

• Examples include stock exchanges like NYSE and NASDAQ, cryptocurrency exchanges like Binance and Coinbase, and commodity exchanges
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Q5. What is trade life cycle?
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Trade life cycle refers to the stages involved in a trade from initiation to settlement.
• Trade initiation - when a trade is proposed and agreed upon by parties involved

• Trade execution - when the trade is actually carried out

• Trade confirmation - when the details of the trade are confirmed by both parties

• Trade settlement - when the actual exchange of assets and payment takes place

• Trade reconciliation - ensuring that all d...read more
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Q1. Tell me about your current job profile
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Q2. Would you like to trade after you join BSE?
Ans. 
No, I am not interested in trading as my focus will be on my role as Assistant Manager.
• My primary responsibility as Assistant Manager will be to support the manager in achieving the company's goals.

• I will be focused on managing the team, ensuring smooth operations, and delivering excellent customer service.

• While I may have an interest in trading, it will not be my priority as an Assistant Manager.

• I will be committed to...read more
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Q3. Have you gone through SEBI website
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Q1. Tell me about yourself
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I am a dedicated and experienced professional with strong leadership skills and a passion for achieving results.
• Experienced in managing teams and driving performance

• Skilled in problem-solving and decision-making

• Excellent communication and interpersonal skills

• Proven track record of meeting targets and exceeding expectations

• Passionate about delivering exceptional customer service

• Strong organizational and time management
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Q2. Why do want to change
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I want to change because I am seeking new challenges and opportunities for growth.
• Seeking new challenges and opportunities for growth

• Want to expand my skill set and knowledge

• Looking for a more dynamic and fast-paced work environment

• Desire to take on more responsibilities and contribute to the success of a larger team

• Want to work for a company with a strong vision and values that align with my own
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Q1. Accounting Entry for Advance received
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Q1. Related questions my job
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Manager related

Q1. What are closed loop control system
Ans. 
Closed loop control systems are feedback systems that continuously monitor and adjust the output based on the desired input.
• Closed loop control systems use feedback to maintain a desired output

• They continuously monitor the output and compare it to the desired input

• Based on the comparison, adjustments are made to maintain the desired output

• Examples include thermostat-controlled heating systems and cruise control in cars
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Q2. Details of Field instruments
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Q1. Brief discussion on c&i
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Q2. How you will handle the situations
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Q3. What are expecting from us
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Department specific , Quantitative and Logical Reasoning

Q1. Basic of Department and Specialization, Project Related ideas and Questions
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Q1. What are your role and responsibilities in current organization?
Ans. 
As an Assistant Manager in my current organization, my role and responsibilities include overseeing daily operations, managing staff, and ensuring customer satisfaction.
• Overseeing daily operations of the department

• Managing and supervising a team of employees

• Setting goals and targets for the team

• Monitoring performance and providing feedback

• Ensuring compliance with company policies and procedures

• Handling customer complai...read more
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Q2. Why do you want to change the job?
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I am seeking new challenges and opportunities for growth in my career.
• Looking for a more challenging role

• Seeking opportunities for career advancement

• Want to learn new skills and gain experience in different areas

• Desire to work in a more supportive and collaborative environment

• Wish to contribute to a company with a stronger mission or values alignment
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Q3. What are your expectations on Salary Hike?
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I expect a salary hike that is commensurate with my experience, skills, and the responsibilities of the Assistant Manager role.
• I expect a fair and competitive salary that reflects the market value for the position.

• I would like to be compensated for my experience and expertise in the field.

• I hope for a salary increase that aligns with the added responsibilities and duties of the Assistant Manager role.

• I am open to negot...read more
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Q4. Are you flexible with shift duty?
Ans. 
Yes, I am flexible with shift duty and can adapt to different schedules as required.
• I have previous experience working in shifts and understand the importance of being adaptable.

• I am willing to work evenings, weekends, and holidays if necessary.

• I can quickly adjust my sleep patterns to accommodate different shift timings.

• I am comfortable with last-minute schedule changes and can handle unexpected situations.

• I prioritiz...read more
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Q1. What were your roles and responsibilities in your first project?
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As an Assistant Manager, my roles and responsibilities in my first project included coordinating team activities, managing project timelines, and ensuring deliverables were met.
• Coordinating team activities and assigning tasks

• Managing project timelines and ensuring deadlines were met

• Monitoring progress and providing regular updates to stakeholders

• Ensuring deliverables were completed according to quality standards

• Identif...read more
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Q2. What IS Codes do you follow for structural steel fabrication and erection works?
Ans. 
I follow IS 800:2007 and IS 875:1987 codes for structural steel fabrication and erection works.
• IS 800:2007 specifies general requirements for design, fabrication, and erection of structural steelwork.

• IS 875:1987 provides guidelines for loads and forces to be considered in the design of structures.

• Other relevant codes include IS 2062:2011 for steel plates and IS 808:1989 for rolled steel beams.

• Adherence to these codes e...read more
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Q3. Please explain briefly the step wise process of fabrication and erection of a storage tank as per standard API code.
Ans. 
The fabrication and erection of a storage tank as per API code involves several steps.
• The tank design is finalized based on the intended use and specifications.

• The materials for the tank are selected and procured.

• The plates are cut and rolled to form the shell and heads of the tank.

• The shell and heads are welded together to form the tank.

• The tank is hydrotested to ensure it can withstand the intended pressure.

• The tank ...read more
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Q4. What are common NDT methods followed for Tank Fabrication works?
Ans. 
Common NDT methods for Tank Fabrication works
• Visual Inspection

• Ultrasonic Testing

• Magnetic Particle Inspection

• Radiographic Testing

• Dye Penetrant Inspection
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Q5. Briefly explain the Vacuum Box test method for Tanks.
Ans. 
Vacuum Box test is a non-destructive testing method used to detect leaks or defects in tanks.
• The tank is pressurized with air or water and then a vacuum is applied to the tank's exterior.

• A vacuum box is placed over the suspected leak area and a vacuum is applied to the box.

• If the vacuum level drops, it indicates a leak in the tank.

• This method is commonly used in the oil and gas industry to test storage tanks and pipeli...read more
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Q6. Did you fabricate Built Up Sections? If yes, please explain the requirement of Built Up sections over Rolled Sections? What are the common problems do you face while fabricating Built Up Sections?
Ans. 
Yes, I have fabricated Built Up Sections. Built Up Sections are required when the load-bearing capacity of Rolled Sections is insufficient.
• Built Up Sections are made by welding two or more Rolled Sections together to increase their load-bearing capacity.

• They are commonly used in construction of bridges, high-rise buildings, and industrial structures.

• Common problems faced while fabricating Built Up Sections include weld...read more
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Q1. All about testing of TR and Breaker
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