Indian Oil Corporation Team Manager Interview Questions and Answers

WPS qualification for P No. 1 does not automatically qualify a welder for other P Nos due to differing material properties.

• WPS (Welding Procedure Specification) is specific to a particular P No. (Process Number) which defines the material group.

• If a WPS is qualified for P No. 1 (e.g., carbon steel), it may not be applicable for P No. 2 (e.g., stainless steel) due to different properties.

• Welder qualification is based on...read more

Discussing the liabilities associated with the Team Leader position, including accountability and team dynamics.

• Accountability for team performance: A Team Leader is responsible for the outcomes of their team's work, which can impact overall business success.

• Conflict resolution: Leaders must manage interpersonal conflicts, which can lead to a toxic work environment if not handled properly.

• Decision-making pressure: The ...read more

Compatibility between thermosetting and thermoplastic paints is crucial for optimal adhesion and finish quality.

• Thermosetting paints cure through a chemical reaction, while thermoplastic paints soften when heated.

• Mixing thermosetting and thermoplastic paints can lead to poor adhesion and finish defects.

• Examples of thermosetting paints include epoxy and polyurethane, while acrylic and vinyl are common thermoplastics.

• Alw...read more

MPT works on the principle of Modern Portfolio Theory.

• MPT is a theory that suggests how investors can construct portfolios to optimize returns based on risk.

• It emphasizes diversification and the efficient frontier.

• The principle is to combine assets with different risk and return characteristics to achieve a balance.

• Example: By investing in a mix of stocks, bonds, and other assets, a portfolio can be constructed to maxi...read more