Oil And Natural Gas Corporation Senior Accounts Officer Interview Questions and Answers

Q1. Tell about Ur self
Ans. 
I am an experienced accountant with a strong attention to detail and a passion for numbers.
• I have a Bachelor's degree in Accounting and have been working in the field for over 5 years.

• I am proficient in financial analysis, budgeting, and financial reporting.

• I have experience with various accounting software, such as QuickBooks and Excel.

• I am highly organized and have a proven track record of meeting deadlines.

• I have ex...read more
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Q2. Y u choose this company
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I chose this company because of its strong reputation, growth opportunities, and commitment to employee development.
• The company has a solid reputation in the industry, which gives me confidence in its stability and success.

• I am impressed by the company's growth trajectory and its ability to adapt to changing market conditions.

• The company values employee development and offers various training and advancement opportunit...read more
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Q1. Tell me about yourself
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Q1. Avout iocl entire discussion
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Aptitude test was to the point

Q1. Asked questions on IFRS concepts
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Q1. The field trial must be done properly in order avoid mistakes and lose account.
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Q2. The is the best way to choose Biocide treatment?
Ans. 
The best way to choose Biocide treatment is by identifying the type of microorganisms present and selecting the appropriate biocide.
• Identify the type of microorganisms present

• Select the appropriate biocide based on the microorganism type

• Consider the concentration and exposure time required for the biocide to be effective

• Ensure the biocide is compatible with the system being treated

• Regularly monitor and adjust the bioci
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Q3. Why is it important to monitor the bacteira in the oil field?
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Monitoring bacteria in oil field is crucial to ensure safety, prevent corrosion, and maintain production efficiency.
• Bacteria can cause corrosion in pipelines and equipment, leading to costly repairs and downtime.

• Certain bacteria can produce hydrogen sulfide gas, which is toxic and poses a safety risk to workers.

• Bacteria can also reduce the efficiency of oil production by clogging pores and reducing flow rates.

• Regular m...read more
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Q4. Why is it important to to monitor the produced wated process
Ans. 
Monitoring produced water process is important for environmental compliance and cost savings.
• Ensures compliance with environmental regulations

• Identifies opportunities for cost savings through process optimization

• Prevents contamination of water sources

• Helps in identifying potential hazards and risks

• Improves overall efficiency of the production process
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Q5. Why is it important to monitor the injected seawater?
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Monitoring injected seawater is important for ensuring safe and efficient oil production.
• Seawater is used in oil production to maintain reservoir pressure and enhance oil recovery.

• Monitoring helps to ensure that the seawater is of the correct quality and quantity.

• If the seawater is not monitored properly, it can lead to corrosion, scaling, and other issues that can damage equipment and reduce production efficiency.

• Regu...read more
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Q1. Tds payment on provision
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Q2. Tds deduction on expenses provision
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TDS deduction on expenses provision refers to the requirement to deduct tax at source on certain types of expenses.
• TDS is deducted on specified expenses like rent, professional fees, interest, etc.

• The rate of TDS deduction varies depending on the type of expense and the payee's status.

• The deducted TDS must be deposited with the government and TDS certificates must be issued to the payees.

• Non-compliance with TDS provisi...read more
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About my studies questions

Q1. About our resume questions
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What type of job experience in past company

Q1. Final tell about salary then type of job.
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