IPL Plastics Interview Questions and Answers

Basic Financial Accounting concepts
Email Writing
Logical Reasoning

Q1. What goes in the line items of Income Statement?
Ans. 
Line items in an Income Statement include revenues, expenses, gains, and losses.
• Revenue: Sales of goods or services

• Cost of Goods Sold (COGS): Direct costs related to producing goods sold

• Gross Profit: Revenue minus COGS

• Operating Expenses: Costs related to running the business (e.g. salaries, rent)

• Operating Income: Gross profit minus operating expenses

• Interest Expense: Cost of borrowing money

• Net Income: Total profit afte...read more
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Q2. What is Investment Banking?
Ans. 
Investment banking involves providing financial advisory services to corporations, governments, and other institutions for raising capital, mergers and acquisitions, and other financial transactions.
• Helps companies raise capital through issuing stocks or bonds

• Assists in mergers and acquisitions by providing valuation and negotiation services

• Provides financial advisory services for various transactions such as IPOs, deb...read more
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Q3. Explain the impact of share buyback on the 3 financial statements.
Ans. 
Share buybacks impact financial statements by reducing outstanding shares, increasing EPS, and affecting cash flow.
• Share buybacks reduce the number of outstanding shares on the balance sheet.

• This can increase earnings per share (EPS) as the same amount of earnings is distributed among fewer shares.

• On the income statement, share buybacks can lead to higher EPS and potentially higher stock prices.

• Share buybacks can also ...read more
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Q4. Impact of bonus share issue on 3 financial statements.
Ans. 
Bonus share issue impacts financial statements by increasing equity on balance sheet, reducing retained earnings, and affecting earnings per share.
• Increase in equity on balance sheet due to additional shares issued at no cost

• Reduction in retained earnings as company's profits are distributed among more shareholders

• Impact on earnings per share as number of shares outstanding increases
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Q1. GDS Commands
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Q2. Airline Terminals and Airport Codes
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Sabre Commands to Check Availability

Blocking and Booking Tickets

Commands to Check Fare rules

Checking Availability

Infant and Child title

Q1. About Airport Terminals
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Q2. About Encode and Decode in GDS
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We were asked to write an essay about trending topics.

Q1. What motivates you to join OMICS, and where do you see yourself in the next five years?
Ans. 
I am motivated to join OMICS because of its reputation for cutting-edge research and innovation. In the next five years, I see myself growing professionally and contributing significantly to the organization's success.
• Motivated by OMICS's reputation for cutting-edge research and innovation

• Desire to grow professionally and contribute to organizational success

• Seeking opportunities for career advancement and development

• In...read more
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Q2. Can you tell me about yourself?
Ans. 
Experienced editor with a passion for storytelling and a track record of successful project management.
• Over 5 years of experience in editing and project management

• Strong background in journalism and storytelling

• Proven track record of meeting deadlines and exceeding expectations

• Excellent communication and leadership skills

• Passionate about fostering creativity and collaboration in a team environment
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Q1. What are the assumptions of Linear Regression?
Ans. 
Assumptions of Linear Regression
• Linearity: The relationship between the independent and dependent variables is linear.

• Independence: The residuals are independent of each other.

• Homoscedasticity: The variance of residuals is constant across all levels of the independent variables.

• Normality: The residuals are normally distributed.

• No multicollinearity: The independent variables are not highly correlated with each other.
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Q2. How to evaluate your machine learning model?
Ans. 
Evaluate machine learning model by analyzing metrics like accuracy, precision, recall, F1 score, ROC curve, and confusion matrix.
• Calculate accuracy to measure overall performance of the model.

• Use precision to evaluate the proportion of true positive predictions among all positive predictions.

• Consider recall to assess the proportion of true positive predictions among all actual positives.

• Calculate F1 score as a balance ...read more
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Q1. What is R-Squared and Adjusted R Squared? Also brief about the difference?
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Q2. Interpret the coefficients of Linear Regression and Binomial Logistic Regression?
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Q1. Median of 2 sorted array
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Q2. Linux commands for chmod
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Q3. Features of python
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Q4. Deepcopy and shallowcopy
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Q1. Phone interview
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Q1. Project technical questions
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Q1. Project technical based question
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Q1. Behavioural based questions
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