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Nalco Management Trainee Interview Questions and Answers
Nalco Management Trainee Interview Experiences
1 interview found
I applied via Company Website and was interviewed before Jul 2020. There was 1 interview round.
Interview Questionnaire
7 Questions
- Q1. Interview in nalco is mainly based on basics of CA Final and some general questions ..
- Q2. Questions asked related to Accounting.. Difference between As and Ind As .
- Q3. What are the statutory compliance to be followed for listed entities quarterly and Annully.
- Ans.
Listed entities need to follow various statutory compliance quarterly and annually.
Filing of quarterly and annual financial statements with stock exchanges
Compliance with SEBI regulations and guidelines
Appointment of independent directors and audit committee members
Conducting board meetings and AGMs within prescribed timelines
Disclosure of material events and related party transactions
Compliance with Companies Act, 201...
- Q4. Deductions under chapter VI A -80JJAA, 80CCD
- Ans.
Deductions under chapter VI A -80JJAA, 80CCD
Chapter VI A of the Income Tax Act provides for various deductions from gross total income.
Section 80JJAA provides for deduction in respect of employment of new employees.
Section 80CCD provides for deduction in respect of contribution to pension scheme.
The maximum deduction under section 80JJAA is Rs. 30,000 per employee.
The maximum deduction under section 80CCD is Rs. 1.5 la...
- Q5. Why U want to shift from Infosys to nalco (As i was working with Infosys).
- Q6. What were the reasons for decrease of turnover and Profit between for FY 20-21 and 19-20 of NALCO
- Ans.
NALCO's turnover and profit decreased in FY 20-21 compared to 19-20. Reasons are...
COVID-19 pandemic affected demand and supply chain
Decrease in global aluminum prices
Shutdown of one of the company's smelter units for maintenance
Increase in expenses due to safety measures and employee welfare
Decrease in production due to labor shortage and transportation issues
- Q7. Some basic questions related to Nalco and On the annual reports.
Interview Preparation Tips
Top trending discussions
Interview questions from similar companies
Selected
I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed in Mar 2024. There were 2 interview rounds.
It was based on personality traits, data analysis, logical reasoning, and some psychometric analysis.
(2 Questions)
- Q1. Why do you choose industry over practice
- Q2. What is the accounting effect for Employee Embezzlement of Assets
- Ans.
Employee embezzlement of assets has a negative accounting effect on the company's financial statements.
Reduction in assets on the balance sheet
Increase in expenses on the income statement
Potential decrease in net income
Impact on cash flow statement due to loss of assets
Possible need for restatement of financial statements
Legal and regulatory implications
Interview Preparation Tips
- Annual Report
- Current Affairs
- Corporate Taxation
- Financial Reporting
Selected
I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed in Jul 2023. There were 4 interview rounds.
(1 Question)
- Q1. Why do you want to join Vedanta
(1 Question)
- Q1. How flexible you are to relocate?
(1 Question)
- Q1. How will you contribute to Vedanta
Interview Preparation Tips
Selected
I applied via campus placement at Indian Institute of Management (IIM), Bangalore and was interviewed in Feb 2023. There were 3 interview rounds.
Was easy mathematical case. Not any preparation required prior to the process
(1 Question)
- Q1. Mostly based upon resume and previous experience, internships and compatibility with far off locations.
Swetha
(2 Questions)
- Q1. Describe the procedure for certification of standing orders
- Ans.
Certification of standing orders involves submission, verification, and approval by the certifying officer.
Employer submits draft standing orders to certifying officer
Certifying officer verifies compliance with Industrial Employment (Standing Orders) Act, 1946
If compliant, certifying officer approves and certifies the standing orders
Certification is valid for 5 years, after which renewal is required
- Q2. When will gratuity be forfeited
- Ans.
Gratuity will be forfeited if an employee is terminated due to misconduct or violation of company policies.
Gratuity will be forfeited if the employee is terminated for misconduct or violation of company policies.
It will also be forfeited if the employee resigns before completing 5 years of continuous service.
Gratuity is not forfeited if the employee completes 5 years of continuous service or in case of death or disabil
(2 Questions)
- Q1. Now that you're married. Can u relocate wherever we post you ?
- Ans.
Yes, I am willing to relocate wherever the company needs me to.
I am open to relocating for career opportunities and growth.
I understand that flexibility is important in a management trainee role.
I have discussed relocation with my spouse and we are both prepared for it.
I am excited about the prospect of experiencing new places and cultures.
I am committed to my career development and willing to go where the company need
- Q2. Why have u left your earlier job
- Ans.
Seeking new challenges and growth opportunities in a more dynamic work environment.
Desire for career advancement
Looking for new challenges
Seeking growth opportunities
Change in work environment
Construction Management Interview Questions & Answers
Adani Enterprises
Anonymous
posted on 25 Dec 2021
I applied via Referral and was interviewed in Nov 2021. There were 3 interview rounds.
Interview Questionnaire
4 Questions
- Q1. Tell me something about yourself (Personal and professional)
- Q2. Can you handle the position? Elaborate and convince how???
- Q3. Technical questions about your past experiences.
- Q4. Job related technical questions
Interview Preparation Tips
Balaji M P
Verbal, and behavioural
I applied via campus placement at Tata Institute of Social Sciences (TISS) and was interviewed in Mar 2022. There were 4 interview rounds.
It was a generic psychometric test followed by questions on verbal ability, quantitative skills and data interpretation and logical reasoning. Was online, virtually proctored portal
The Topic of the Group Discussion was " Is Failure Necessary for Success"
(4 Questions)
- Q1. Questions on my profile
- Q2. What are the regulatory bodies and legislations which govern mining industry india
- Ans.
The mining industry in India is governed by several regulatory bodies and legislations.
Ministry of Mines
Indian Bureau of Mines
Ministry of Environment, Forest and Climate Change
National Mineral Development Corporation
Mines and Minerals (Development and Regulation) Act, 1957
Coal Mines (Special Provisions) Act, 2015
Mines Act, 1952
Environment (Protection) Act, 1986
- Q3. What do you think about DMF Funds in India
- Ans.
DMF Funds in India are a government initiative to address the social and economic development needs of mining-affected communities.
DMF stands for District Mineral Foundation.
DMF funds are collected from mining companies as a percentage of their royalty payments.
The funds are used for the welfare and development of mining-affected areas.
DMF funds are utilized for various purposes like healthcare, education, infrastructu...
- Q4. What are the ill effects of mining
- Ans.
Mining can have negative impacts on the environment, economy, and society.
Environmental degradation and destruction of habitats
Air and water pollution
Soil erosion and degradation
Deforestation and loss of biodiversity
Displacement of communities and loss of livelihoods
Health hazards for workers and nearby residents
Economic dependence on a non-renewable resource
Social conflicts and human rights violations
Legacy of environ...
Interview Preparation Tips
Selected
I applied via campus placement at Indian Institute of Management (IIM), Bangalore and was interviewed in Feb 2023. There were 3 interview rounds.
Was easy mathematical case. Not any preparation required prior to the process
(1 Question)
- Q1. Mostly based upon resume and previous experience, internships and compatibility with far off locations.
Management Trainee Marketing Interview Questions & Answers
MOIL
Saurabh de-wan
posted on 27 Jun 2021
I applied via Company Website and was interviewed in May 2021. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. I was interviewed for the post of MT(marketing). The panel had 5-6 members. They asked simple questions about marketing like six sigma, STP, NWD, their products and Questions related to IT with reference t...
Interview Preparation Tips
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