Indian Oil Corporation Junior Accountant Interview Questions and Answers

Q1. Strengths and weakness
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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...read more
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Q1. Tell about Ur self
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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...read more
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Q2. Y u choose this company
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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...read more
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Q1. Rules of accounting
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Rules of accounting refer to the principles and guidelines that govern the recording, reporting, and analysis of financial transactions.
• The rules of accounting include the Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)

• These rules ensure consistency and accuracy in financial reporting

• Examples of rules include the matching principle, revenue recognition principle, a...read more
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Q2. Financial reporting
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Q1. About personal details and family background
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Q2. How you manage of handling your job profile
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Q1. 1-about your self ,2-communication skills
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Q2. 1-MS office knowledge likes Excel,Ms-word 2- Accounting & GST Knowledge
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Aptitude test was to the point

Q1. Asked questions on IFRS concepts
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Q1. Only just introduction
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