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Odisha Mining Corporation Finance Intern Interview Questions and Answers
Odisha Mining Corporation Finance Intern Interview Experiences
1 interview found
Sucharita Roy
(2 Questions)
- Q1. Why general public need to know about the financial statements of a company
- Q2. So they will be aware and they could take proper decision about whether they should invest in the company or not
Interview questions from similar companies
Anonymous
Selected
I was interviewed in Jan 2024.
(5 Questions)
- Q1. Tell me about yourself
- Q2. Basic questions about finance
- Q3. What exactly are you looking for in this internship?
- Q4. Available to join immediately
- Q5. About previous job/internship & certifications if any!
I applied via Referral and was interviewed in Oct 2023. There was 1 interview round.
(1 Question)
- Q1. Accounting principles
I was interviewed in Apr 2017.
Interview Questionnaire
3 Questions
- Q1. What is merger and acquistion ?
- Ans.
A merger and acquisition is a corporate strategy involving the combination of two or more companies into a single entity.
Mergers and acquisitions are commonly used to achieve growth, diversification, or synergy.
A merger occurs when two companies agree to combine their operations and assets to form a new company.
An acquisition happens when one company purchases another company, becoming its new owner.
Mergers and acquisi...
- Q2. Why to calculate P/E Ratio ?
- Ans.
The P/E ratio is calculated to assess the relative value of a company's stock by comparing its price to its earnings.
P/E ratio helps investors determine if a stock is overvalued or undervalued.
A high P/E ratio suggests that investors have high expectations for future earnings growth.
A low P/E ratio may indicate that a stock is undervalued or that the company is facing challenges.
P/E ratio is commonly used in fundamenta...
- Q3. What you think of our countries current economic condition ?
- Ans.
The country's current economic condition is stable but facing challenges.
The GDP growth rate has slowed down in the past year.
Unemployment rate has increased slightly.
Inflation is under control but rising prices of essential commodities are a concern.
Government policies and reforms are being implemented to boost economic growth.
Exports have been affected by global trade tensions.
Stock market performance has been volati...
Interview Preparation Tips
Experience: I made profile on naukri.com and got shortlisted for interview round
Tips: Make your resume clear and concise
Make one page resume
Round: Technical Interview
Tips: You need to read a lot
Read Newspaper
Skills: Communication And Confidence, Analytical Skills
College Name: MET
(5 Questions)
- Q1. Explain budgeting
- Ans.
Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.
Involves estimating income and expenses
Setting financial goals
Monitoring actual performance against the budget
Adjusting the budget as needed
Common types include operating budgets, capital budgets, and cash budgets
- Q2. Explain forecasting
- Ans.
Forecasting is the process of making predictions about future trends based on past and present data.
Forecasting involves analyzing historical data to identify patterns and trends
Different methods such as qualitative and quantitative analysis can be used for forecasting
Common techniques include time series analysis, regression analysis, and econometric modeling
Forecasting helps businesses make informed decisions and pla...
- Q3. Explain revenue recognition
- Ans.
Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.
Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.
It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.
Different industries may have specific guidelines for revenue recog...
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
- Ans.
Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.
Assets are recognized in the balance sheet to show the company's resources and their value.
Depreciation is recorded to allocate the cost of assets over their useful life.
Recognizing assets and depreciating them helps in accurately reflecting ...
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
Interview Preparation Tips
Skills evaluated in this interview
I applied via Company Website and was interviewed in Feb 2024. There were 6 interview rounds.
FINANCE and social medias, politicals
(2 Questions)
- Q1. Basic Finance questions
- Q2. FINANCE services
(1 Question)
- Q1. Finance and development organisation
Basic communication skills
(1 Question)
- Q1. Ask to resume model
(1 Question)
- Q1. Ask to knowledge skills for financial
Interview Preparation Tips
- Finance
- Financial Planning
- Financial Modelling
If I am given the opportunity to work in your company, I guarantee that I will fulfil my responsibilities to the complete satisfaction of my superiors.
(2 Questions)
- Q1. Self introduction
- Q2. What is finance
- Ans.
Finance is the management of money and other assets, including investments, budgeting, and financial planning.
Finance involves managing money and assets to achieve financial goals.
It includes activities such as budgeting, investing, and financial planning.
Finance helps individuals and organizations make informed financial decisions.
Examples of finance include managing a company's cash flow, investing in stocks and bond
(2 Questions)
- Q1. What do you know about ICICI sales
- Ans.
ICICI sales refers to the sales activities and strategies of ICICI Bank, one of the largest private sector banks in India.
ICICI Bank offers a wide range of financial products and services to individual and corporate customers.
The bank utilizes various channels such as branches, online platforms, and mobile apps to drive sales.
ICICI Bank often runs promotional campaigns and offers discounts to attract new customers and ...
- Q2. What do you know about your local area
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.
Its related to accounting concepts
(1 Question)
- Q1. Anything can related to accounts
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