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Indian Oil Corporation Account Assistant Interview Questions and Answers

Updated 18 Jun 2020

Indian Oil Corporation Account Assistant Interview Experiences

1 interview found

I applied via Newspaper Ad and was interviewed in May 2020. There was 1 interview round.

Interview Questionnaire 

5 Questions

  • Q1. Accounting and commercial law
  • Q2. Working and staff benefits are best among p.s.u.
  • Q3. Centralised control is needed in organisation at that time
  • Q4. Sh g.c daga the then accounts officer (l.p.g) with whom I worked in 1976_77 previously chairman ,i.o.c promotion policy are good there.
  • Q5. Fully satisfied with the working of co

Interview Preparation Tips

Interview preparation tips for other job seekers - Some pratical or general knowledge should be there.

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Nice set of questions were asked in the paper

Round 2 - Group Discussion 

Nice candidates were hired and nice discussion

Round 3 - One-on-one 

(2 Questions)

  • Q1. Tell me about yourself
  • Q2. Tell me about your work experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Nice
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Strengths and weakness
  • Q2. Why reliance industries
  • Ans. 

    Reliance Industries is a leading conglomerate with diverse business interests and a strong track record of financial performance.

    • Reliance Industries is one of the largest companies in India, with a significant presence in sectors such as petrochemicals, refining, and telecommunications.

    • The company has a history of strong financial performance, with consistent revenue growth and profitability.

    • Reliance Industries is know...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - prep your technical best.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Nov 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Tell about Ur self
  • Ans. 

    I am an experienced accountant with a strong attention to detail and a passion for numbers.

    • I have a Bachelor's degree in Accounting and have been working in the field for over 5 years.

    • I am proficient in financial analysis, budgeting, and financial reporting.

    • I have experience with various accounting software, such as QuickBooks and Excel.

    • I am highly organized and have a proven track record of meeting deadlines.

    • I have ex...

  • Answered by AI
  • Q2. Y u choose this company
  • Ans. 

    I chose this company because of its strong reputation, growth opportunities, and commitment to employee development.

    • The company has a solid reputation in the industry, which gives me confidence in its stability and success.

    • I am impressed by the company's growth trajectory and its ability to adapt to changing market conditions.

    • The company values employee development and offers various training and advancement opportunit...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Keep ur resume updated
Attend networking events
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-

I applied via Campus Placement

Round 1 - Group Discussion 

Case study based on company

Round 2 - One-on-one 

(1 Question)

  • Q1. Details about articleship and oil and gas industry

Interview Preparation Tips

Interview preparation tips for other job seekers - be updated on Oil and gas industry terminologies

I applied via Walk-in

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. 1-about your self ,2-communication skills
  • Q2. 1-MS office knowledge likes Excel,Ms-word 2- Accounting & GST Knowledge

Interview Preparation Tips

Interview preparation tips for other job seekers - First of all for any job you should speak about your self well,you should keep your communication skills very good and for any accountant job you should know that mx-Excel,tally,Gst,TDS,GST Return and E way bills They should be able to generate.
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed before Mar 2023. There were 2 interview rounds.

Round 1 - Aptitude Test 

Aptitude test was to the point

Round 2 - Technical 

(1 Question)

  • Q1. Asked questions on IFRS concepts

Interview Questionnaire 

2 Questions

  • Q1. How you will boost the sales
  • Ans. 

    I will boost sales by implementing targeted marketing strategies and improving customer experience.

    • Conduct market research to identify target audience and their needs

    • Develop personalized marketing campaigns to reach target audience

    • Improve customer experience through better communication and service

    • Offer promotions and discounts to attract new customers and retain existing ones

    • Collaborate with sales team to identify new

  • Answered by AI
  • Q2. How you will reduce the cost of the product
  • Ans. 

    I will reduce the cost of the product by optimizing the production process and sourcing cheaper raw materials.

    • Analyze the production process to identify inefficiencies and eliminate waste

    • Negotiate with suppliers to get better prices for raw materials

    • Explore alternative materials that are cheaper but still meet quality standards

    • Implement cost-saving measures such as energy-efficient equipment and automation

    • Consider outs...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Not Selected

I applied via Company Website and was interviewed in Jun 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Aptitude Test 

Written test F&A,Tax Aptitude etc

Round 3 - One-on-one 

(2 Questions)

  • Q1. Finance, Working experience,
  • Q2. EBITDA,IND AS, Procurement guidelines
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. Tds payment on provision
  • Q2. Tds deduction on expenses provision
  • Ans. 

    TDS deduction on expenses provision refers to the requirement to deduct tax at source on certain types of expenses.

    • TDS is deducted on specified expenses like rent, professional fees, interest, etc.

    • The rate of TDS deduction varies depending on the type of expense and the payee's status.

    • The deducted TDS must be deposited with the government and TDS certificates must be issued to the payees.

    • Non-compliance with TDS provisi...

  • Answered by AI

Indian Oil Corporation Interview FAQs

What are the top questions asked in Indian Oil Corporation Account Assistant interview?

Some of the top questions asked at the Indian Oil Corporation Account Assistant interview -

  1. Sh g.c daga the then accounts officer (l.p.g) with whom I worked in 1976_77 pre...read more
  2. Centralised control is needed in organisation at that t...read more
  3. Accounting and commercial ...read more

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Indian Oil Corporation Account Assistant Salary
based on 29 salaries
₹1.4 L/yr - ₹4.5 L/yr
11% less than the average Account Assistant Salary in India
View more details

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4.8/5

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3.5

Skill development

4.9

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Salary

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Job security

3.5

Company culture

4.7

Promotions

4.6

Work satisfaction

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