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Karnavat & Co. Executive Accountant Interview Questions and Answers

Updated 9 Apr 2022

Karnavat & Co. Executive Accountant Interview Experiences

1 interview found

Executive Accountant Interview Questions & Answers

user image Pradeep Ramcharan Varma

posted on 9 Apr 2022

I applied via Referral

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 - Direct 

(1 Question)

  • Q1. Basic principles of account Heads of income ITR firms etc
  • Ans. 

    Basic principles of accounting include double-entry system, matching principle, and accrual basis accounting. Heads of income refer to different sources of revenue. ITR firms are tax consulting firms.

    • Basic principles of accounting: double-entry system, matching principle, and accrual basis accounting

    • Heads of income: salary, interest, rent, capital gains, etc.

    • ITR firms: tax consulting firms that help individuals and bus

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic principles of account , taxation heads of income, company roc regarding question, audit basic

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed in Jan 2021. There were 5 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. Insurance topics
  • Q2. What is insurance
  • Ans. 

    Insurance is a contract between an individual and an insurance company to protect against financial loss.

    • Insurance provides financial protection against unexpected events

    • Premiums are paid to the insurance company in exchange for coverage

    • Types of insurance include health, auto, home, and life insurance

    • Insurance policies have terms and conditions that must be followed to receive benefits

    • Insurance helps individuals and bu

  • Answered by AI
  • Q3. Underwriter
  • Q4. Nominee
  • Q5. Premium
  • Q6. Types of insurance
  • Ans. 

    Types of insurance include life, health, auto, home, and travel.

    • Life insurance provides financial support to beneficiaries upon the policyholder's death.

    • Health insurance covers medical expenses and treatments.

    • Auto insurance covers damages and injuries resulting from car accidents.

    • Home insurance covers damages to the home and personal property.

    • Travel insurance covers unexpected events while traveling, such as trip cance

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident about yourself. Think before you say something and try to prove that you are the best choice. Before you attend the interview please get to know about the domain and have good knowledge about the company

I applied via Recruitment Consultant and was interviewed in May 2021. There was 1 interview round.

Interview Questionnaire 

6 Questions

  • Q1. Tell me about yourself
  • Q2. What is tangible asset
  • Ans. 

    A tangible asset is a physical asset that has a measurable value and can be seen or touched.

    • Examples include buildings, land, machinery, and inventory.

    • Tangible assets are typically depreciated over time.

    • They are recorded on a company's balance sheet.

    • Tangible assets can be bought, sold, or traded.

    • They are different from intangible assets, such as patents or trademarks.

  • Answered by AI
  • Q3. What is intangible asset
  • Ans. 

    An intangible asset is a non-physical asset that has no intrinsic value but has value due to its legal or intellectual property rights.

    • Intangible assets include patents, trademarks, copyrights, and goodwill.

    • They cannot be touched or seen but can be owned and traded.

    • Their value is based on their ability to generate revenue or provide a competitive advantage.

    • Intangible assets are recorded on a company's balance sheet and...

  • Answered by AI
  • Q4. What is insurance
  • Ans. 

    Insurance is a contract between an individual and an insurance company to protect against financial loss.

    • Insurance provides financial protection against unexpected events

    • Premiums are paid to the insurance company in exchange for coverage

    • Types of insurance include health, auto, home, and life insurance

    • Insurance policies have terms and conditions that must be followed to receive benefits

    • Insurance companies use actuarial

  • Answered by AI
  • Q5. What is account payable
  • Ans. 

    Accounts payable is the amount of money a company owes to its suppliers or vendors for goods and services received but not yet paid for.

    • Accounts payable is a liability on the balance sheet.

    • It represents the amount owed to suppliers or vendors for goods or services received.

    • Accounts payable is usually paid within a certain period of time, known as the payment terms.

    • Examples of accounts payable include bills for utilitie...

  • Answered by AI
  • Q6. What is account receivables
  • Ans. 

    Account receivables refer to the money owed to a company by its customers for goods or services provided on credit.

    • It is a type of asset on a company's balance sheet

    • It represents the amount of money owed to the company by its customers

    • It is typically collected within a certain period of time, usually 30-90 days

    • Examples include unpaid invoices, outstanding bills, and overdue payments

  • Answered by AI

I applied via Approached by company and was interviewed in Aug 2021. There were 2 interview rounds.

Round 1 - Case Study 

Quant focussed Case Study (be prepared for calculations)

Round 2 - HR 

(1 Question)

  • Q1. Why are you looking for a change?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be quick and accurate with calculations

I applied via Company Website and was interviewed before Oct 2020. There was 1 interview round.

Interview Questionnaire 

1 Question

  • Q1. Typical get to know you and behavioural questions

Interview Preparation Tips

Interview preparation tips for other job seekers - More like a conversation so try to relax

I applied via Referral and was interviewed in Oct 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Are you able to achieve top ranking because you are joining in bottom ranking?
  • Q2. HOW ??

Interview Preparation Tips

Interview preparation tips for other job seekers - Be honest and think new all will achieve.

Interview Preparation Tips

Round: Test
Experience: Though technical questions were not that difficult but the quant section was way too hard and almost impossible to solve completely in given time limit.
Tips: It’s better if you attempt less questions (in quant) but do them right (I attempted less than 40% quant and still got through).

Round: Technical Interview
Experience: Next they would have 2-3 technical rounds where they cover most of the areas of CS. Some of the areas where they concentrated more would be Algorithms, OOPS Concepts and Logical Puzzles.
Tips: Brush up important concepts from various areas such as Operating System, OOPS, Software Engineering. Be ready for some really challenging questions in Algorithms. Also they do ask quite a few logical puzzles so it’s important you practice a lot of them online before the interview.

General Tips: D E Shaw selects very few candidates + comes in starting weeks of placement season, so competition is immense. Multiple companies come on same day, so it becomes a little tedious. Surely I wasn't the better candidate that day.
Skill Tips: D E Shaw focuses more on your ability to solve logical problems, so make sure you are in best state of your mind and speak while solving any problem because what they are looking for is not the right answer (well of course they are) but also how are you approaching the problem.
Skills: Operating System, OOPS, Algorithms, CS, logical puzzles, Quant
College Name: NIT SURATHKAL

I appeared for an interview before Apr 2021.

Round 1 - Face to Face 

(4 Questions)

Round duration - 45 minutes
Round difficulty - Medium

Technical Interview round with questions on Core Subjects mainly.

  • Q1. What is the difference between C and C++?
  • Ans. 

    C is a procedural programming language while C++ is an object-oriented programming language with features like classes and inheritance.

    • C is a procedural programming language, while C++ is a multi-paradigm language with support for object-oriented programming.

    • C does not support classes and objects, while C++ does.

    • C uses structures for data organization, while C++ uses classes for data organization.

    • C does not have featur...

  • Answered by AI
  • Q2. What is a virtual function?
  • Ans. 

    A virtual function is a function in a base class that is declared using the keyword 'virtual' and can be overridden by a function with the same signature in a derived class.

    • Virtual functions allow for dynamic polymorphism in object-oriented programming.

    • They are used to achieve runtime binding and enable the implementation of the function to be determined during runtime.

    • Example: virtual void display() = 0; in a base cla...

  • Answered by AI
  • Q3. What is inheritance in object-oriented programming?
  • Ans. 

    Inheritance is a concept in object-oriented programming where a class inherits properties and behaviors from another class.

    • Allows for code reusability by creating a new class based on an existing class

    • Child class inherits attributes and methods of the parent class

    • Can have multiple levels of inheritance (e.g. grandparent, parent, child classes)

    • Example: class Dog extends Animal, where Dog inherits properties and methods

  • Answered by AI
  • Q4. What is the difference between a Default Constructor and a Copy Constructor in Object-Oriented Programming?
  • Ans. 

    Default Constructor is a constructor that is automatically called when an object is created without any arguments. Copy Constructor is used to create a new object as a copy of an existing object.

    • Default Constructor has no parameters, while Copy Constructor takes an object of the same class as a parameter.

    • Default Constructor initializes the object with default values, while Copy Constructor creates a new object with the...

  • Answered by AI
Round 2 - Face to Face 

(5 Questions)

Round duration - 40 minutes
Round difficulty - Easy

Technical Interview round with questions on Core Subjects mainly.

  • Q1. What are the types of access modifiers in C++?
  • Ans. 

    The types of access modifiers in C++ are public, private, and protected.

    • Public: accessible from outside the class

    • Private: only accessible within the class

    • Protected: accessible within the class and its subclasses

  • Answered by AI
  • Q2. What is the difference between DDL (Data Definition Language) and DML (Data Manipulation Language)?
  • Ans. 

    DDL is used to define the structure of database objects, while DML is used to manipulate data within those objects.

    • DDL is used to create, modify, and delete database objects like tables, indexes, etc.

    • DML is used to insert, update, delete, and retrieve data from database tables.

    • DDL statements include CREATE, ALTER, DROP, TRUNCATE, etc.

    • DML statements include INSERT, UPDATE, DELETE, SELECT, etc.

  • Answered by AI
  • Q3. What are the key differences between a Primary Key and a Unique Key in a database management system?
  • Ans. 

    Primary Key uniquely identifies each record in a table, while Unique Key ensures that all values in a column are distinct.

    • Primary Key does not allow NULL values, while Unique Key allows one NULL value.

    • A table can have only one Primary Key, but multiple Unique Keys.

    • Primary Key is automatically indexed, while Unique Key may or may not be indexed.

    • Primary Key is used to establish relationships between tables, while Unique ...

  • Answered by AI
  • Q4. What is the difference between DBMS and RDBMS?
  • Ans. 

    DBMS is a software system that manages databases, while RDBMS is a type of DBMS that stores data in a structured format using tables.

    • DBMS stands for Database Management System, which is a software system that allows users to interact with a database.

    • RDBMS stands for Relational Database Management System, which is a type of DBMS that stores data in a structured format using tables with rows and columns.

    • RDBMS uses Struct...

  • Answered by AI
  • Q5. What are the objectives of normalization in database management systems?
  • Ans. 

    Normalization in database management systems aims to reduce data redundancy, improve data integrity, and optimize database performance.

    • Eliminate data redundancy by breaking down data into smaller tables

    • Reduce update anomalies by ensuring data is stored in a logical and consistent manner

    • Improve data integrity by enforcing referential integrity constraints

    • Optimize database performance by reducing the amount of redundant

  • Answered by AI
Round 3 - HR 

Round duration - 30 minutes
Round difficulty - Easy

HR round with typical behavioral problems.

Interview Preparation Tips

Eligibility criteriaCS/IT/ECE And CGPA min of 7.0[CSE]. For ECE = 7.5DE Shaw India interview preparation:Topics to prepare for the interview - Data Structures, Algorithms, System Design, Aptitude, OOPSTime required to prepare for the interview - 5 monthsInterview preparation tips for other job seekers

Tip 1 : Must do Previously asked Interview as well as Online Test Questions.
Tip 2 : Go through all the previous interview experiences from Codestudio and Leetcode.
Tip 3 : Do at-least 2 good projects and you must know every bit of them.

Application resume tips for other job seekers

Tip 1 : Have at-least 2 good projects explained in short with all important points covered.
Tip 2 : Every skill must be mentioned.
Tip 3 : Focus on skills, projects and experiences more.

Final outcome of the interviewSelected

Skills evaluated in this interview

I appeared for an interview before Apr 2021.

Round 1 - Face to Face 

(6 Questions)

Round duration - 60 minutes
Round difficulty - Medium

Started with the discussion why do you want to join DE shaw. Since prior to my current company, I was working with a finance based company so they asked why do you want to come back to finance base company. So they asked my about debentures, bonds, mortgages and other financial jargons.
Then they asked questions related to DSA, OS etc.

  • Q1. 

    Find Triplets with Given Sum Problem Statement

    Given an array ARR consisting of N integers, your task is to identify all distinct triplets within the array that sum up to a given integer K.

    Explanation:

    ...
  • Ans. 

    The task is to find all distinct triplets in an array that sum up to a given integer.

    • Iterate through the array and use nested loops to find all possible triplets.

    • Use a set to store unique triplets and avoid duplicates.

    • Check if the sum of the triplet equals the target sum.

    • Return the list of valid triplets or -1 if no such triplet exists.

  • Answered by AI
  • Q2. 

    Minimum Number of Platforms Problem

    Your task is to determine the minimum number of platforms required at a railway station so that no train has to wait.

    Explanation:

    Given two arrays:

    • AT - represent...
  • Ans. 

    Determine the minimum number of platforms needed at a railway station so that no train has to wait.

    • Sort the arrival and departure times arrays in ascending order.

    • Initialize two pointers for arrival and departure times, and a variable to keep track of the maximum number of platforms needed.

    • Increment the platform count when a train arrives and decrement when a train departs.

    • Update the maximum platform count as needed.

    • Ret...

  • Answered by AI
  • Q3. What is the difference between internal fragmentation and external fragmentation in operating systems?
  • Ans. 

    Internal fragmentation occurs when memory is allocated in fixed-size blocks, leading to wasted space within a block. External fragmentation occurs when free memory is fragmented into small chunks, making it difficult to allocate contiguous blocks.

    • Internal fragmentation is caused by allocating fixed-size blocks of memory, leading to wasted space within a block.

    • External fragmentation occurs when free memory is fragmented...

  • Answered by AI
  • Q4. Write an SQL query to find the employee with the nth highest salary.
  • Ans. 

    SQL query to find the employee with the nth highest salary

    • Use the ORDER BY clause to sort salaries in descending order

    • Use the LIMIT clause to select the nth highest salary

    • Join the employee table with the salary table to get the employee details

  • Answered by AI
  • Q5. How is Java platform independent?
  • Ans. 

    Java is platform independent due to its bytecode and JVM.

    • Java code is compiled into bytecode, which can run on any platform with a Java Virtual Machine (JVM)

    • JVM acts as an intermediary between the Java code and the underlying platform, ensuring portability

    • Developers write code once and it can be executed on any platform that has a compatible JVM

    • Examples: Windows, macOS, Linux all can run Java programs without any chang

  • Answered by AI
  • Q6. What is the difference between an abstract class and an interface in Java?
  • Ans. 

    Abstract class can have both abstract and non-abstract methods, while interface can only have abstract methods.

    • Abstract class can have constructor, member variables, and methods with implementation.

    • Interface can only have abstract methods and constants.

    • A class can implement multiple interfaces but can only extend one abstract class.

    • Example: Abstract class - Animal with abstract method 'eat' and non-abstract method 'sle

  • Answered by AI

Interview Preparation Tips

Eligibility criteriaAbove 7 CGPADE Shaw India interview preparation:Topics to prepare for the interview - Data Structures, Algorithms, System Design, Aptitude, OOPSTime required to prepare for the interview - 5 monthsInterview preparation tips for other job seekers

Tip 1 : Must do Previously asked Interview as well as Online Test Questions.
Tip 2 : Go through all the previous interview experiences from Codestudio and Leetcode.
Tip 3 : Do at-least 2 good projects and you must know every bit of them.

Application resume tips for other job seekers

Tip 1 : Have at-least 2 good projects explained in short with all important points covered.
Tip 2 : Every skill must be mentioned.
Tip 3 : Focus on skills, projects and experiences more.

Final outcome of the interviewRejected

Skills evaluated in this interview

Interview Preparation Tips

Round: Test
Experience: I got shortlisted for Capital One but could not make through the interview comprising mainly of number crunching questions. Later, I interviewed with Flipkart and got selected.

General Tips: 1. I was inclined in clearing CAT from my second year onwards.
2. I did a summer project in the second year and simultaneously joined Career Launcher.
3. I didn’t prepared much for the placements and was only focussed on CAT preparations during the seventh semester.
4. I did not give as much time in resume building as given by mates since I knew that I have nothing to mention about except my CPI.
5. CAT preparations helped me strengthen my aptitude and quant skills.
6. I was able to clear the tests of various companies just with my CAT knowledge.
7. I practised maths for entire month and was pretty confident in English and a week before the main exam, I did one or two mock papers daily.
College Name: IIT KANPUR

Karnavat & Co. Interview FAQs

How many rounds are there in Karnavat & Co. Executive Accountant interview?
Karnavat & Co. interview process usually has 2 rounds. The most common rounds in the Karnavat & Co. interview process are Resume Shortlist.
How to prepare for Karnavat & Co. Executive Accountant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Karnavat & Co.. The most common topics and skills that interviewers at Karnavat & Co. expect are Accounting, Accounts Reconciliation, Purchase, Sales Invoice and Tally.

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₹1 L/yr - ₹5.8 L/yr
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