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Phoenix Commodities Operations Interview Questions and Answers

Updated 14 Jul 2021

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I applied via campus placement at Indian Institute of Management (IIM), Lucknow

Round 1 - HR 

(8 Questions)

  • Q1. Tell me about yourself. Where are you from?
  • Q2. How has the format of balance sheet changed?
  • Ans. 

    The format of balance sheet has not changed much over the years.

    • The basic structure of balance sheet remains the same with assets on one side and liabilities and equity on the other.

    • However, there have been some changes in the presentation and disclosure requirements.

    • For example, companies are now required to disclose more information about their assets and liabilities, such as fair value measurements and off-balance s...

  • Answered by AI
  • Q3. What do you think about the economic slowdown? Factors and solutions.
  • Ans. 

    The economic slowdown is a complex issue with multiple factors and requires a multi-pronged approach for solutions.

    • Factors include global trade tensions, political instability, and technological disruptions.

    • Solutions may involve government intervention through fiscal and monetary policies, investment in infrastructure, and support for small businesses.

    • Private sector initiatives such as innovation and diversification ca...

  • Answered by AI
  • Q4. What are 2 steps you would take as the Finance Minister?
  • Q5. Impacts of corporate tax cut.
  • Ans. 

    Corporate tax cut can have positive impacts on business operations.

    • Lower tax rates can increase profits and cash flow, allowing for reinvestment in operations.

    • Reduced tax burden can also lead to increased hiring and expansion.

    • However, the long-term effects on the economy and government revenue must be considered.

    • Example: In 2017, the US corporate tax rate was reduced from 35% to 21%, leading to increased investment and...

  • Answered by AI
  • Q6. CV based questions.
  • Q7. How do you feel about operations and technology?
  • Ans. 

    I am passionate about operations and technology and believe they go hand in hand.

    • I believe that technology can greatly enhance and streamline operations processes.

    • I enjoy staying up to date with the latest technological advancements and finding ways to incorporate them into operations.

    • I understand the importance of balancing technology with human interaction and communication.

    • For example, implementing a new inventory m...

  • Answered by AI
  • Q8. Why do you want to join Citi?

Interview Preparation Tips

Interview preparation tips for other job seekers - 1.Interaction with seniors.

2. Mock GD/PIs.

3. Internet.
Interview experience
2
Poor
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Jul 2023. There were 4 interview rounds.

Round 1 - Coding Test 

Garment store/eCommerce platform system

Round 2 - Technical 

(3 Questions)

  • Q1. Some java questions - streams, functional interfaces, design patterns
  • Q2. Spring boot and microservices general questions - meaning of annotations, what is a controller, microservice design patterns
  • Q3. Coding question - Flatten 3 integer lists into one single list using streams and flatmap
  • Ans. 

    Flatten 3 integer lists into one using streams and flatmap.

    • Use flatMap to transform each list into a stream of integers

    • Collect all the integers into a single list using the collect method

  • Answered by AI
Round 3 - MCQ 

(1 Question)

  • Q1. General questions related to java streams, spring boot, microservices
Round 4 - One-on-one 

(2 Questions)

  • Q1. STAR interview question 1 Talk about a challenging project
  • Q2. STAR interview question 2 Talk about a conflict with a teammate

Interview Preparation Tips

Interview preparation tips for other job seekers - Brush up on java and microservices knowledge.
Technical discussion lasted 2 hours and was exhausting, so eat well and have water handy.

Skills evaluated in this interview

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