Power Grid Corporation of India Finance Intern Interview Questions and Answers

Q1. Financial KPI explain with example
Ans. 
Financial KPIs are key performance indicators used to evaluate the financial health and performance of a company.
• Financial KPIs help measure the success of a company's financial strategies and goals

• Examples of financial KPIs include revenue growth rate, profit margin, return on investment (ROI), and debt-to-equity ratio

• These KPIs provide valuable insights into the financial performance and efficiency of a company
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Q2. Budget and Forecasting process
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Q1. Logical based questions asked
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Q2. Improvement on existing process
Ans. 
Implementing automation tools to streamline data analysis process
• Implementing automation tools like Excel macros or Python scripts to automate repetitive tasks

• Utilizing data visualization tools like Tableau to improve data presentation and analysis

• Integrating financial modeling software like Bloomberg or FactSet for more accurate forecasting

• Regularly reviewing and updating processes to ensure efficiency and accuracy
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Q1. Personality check on given incident
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Q2. Presents of mind test
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Q1. Tells us which is not in your resume
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Q2. Knowledge of SAP
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Q3. Able to do work late as it is a plant site
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Q4. How is you letter writing
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My letter writing skills are strong and professional.
• I have experience drafting formal letters, emails, and reports in my previous roles.

• I pay attention to detail, grammar, and formatting to ensure clear and effective communication.

• I am able to tailor my writing style to suit the audience and purpose of the communication.

• I have received positive feedback on my written communication skills from colleagues and supervisor
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Q5. Rate yourself in advance excel
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I rate myself 8 out of 10 in advance excel skills.
• Proficient in creating complex formulas and functions

• Skilled in data analysis and visualization using pivot tables and charts

• Experienced in VLOOKUP, INDEX-MATCH, and conditional formatting

• Familiar with macros and automation in Excel

• Continuous learning and improvement in advanced Excel techniques
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Q1. What are the ratios that you know
Ans. 
Common financial ratios include profitability ratios, liquidity ratios, leverage ratios, and efficiency ratios.
• Profitability ratios: Return on assets (ROA), return on equity (ROE), gross margin ratio

• Liquidity ratios: Current ratio, quick ratio

• Leverage ratios: Debt to equity ratio, interest coverage ratio

• Efficiency ratios: Inventory turnover ratio, accounts receivable turnover ratio
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Q2. What is effective tax rate
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Effective tax rate is the percentage of income that an individual or company pays in taxes after accounting for deductions and credits.
• Effective tax rate takes into account all taxes paid, including federal, state, and local taxes.

• It is calculated by dividing total tax expense by taxable income.

• For example, if a company has a total tax expense of $10,000 and taxable income of $100,000, the effective tax rate would be 1
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Q3. What are accrual expenses
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Accrual expenses are costs that have been incurred but not yet paid for or recorded in the financial statements.
• Accrual expenses are recognized when they are incurred, not when they are paid.

• They are recorded as liabilities on the balance sheet until they are paid.

• Examples include accrued salaries, interest, and taxes.

• Accrual expenses help provide a more accurate representation of a company's financial position.
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Q1. HR related to bio
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Q1. Lot of taxation questions and costing about study
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Q1. Self introduction
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Q2. Profile releted question
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Regarding financial action Bank related, Credit- Debit related, Sales- Purchase other many question

Financial related code in Accounting Software like Tally, SAP, PFMS(Public Finance Management System) etc.

Q1. Your top achievement during statutory audit of a company
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Q2. Speak on some of the compliances your brought.
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I implemented various compliances such as GDPR, SOX, and HIPAA.
• Implemented GDPR compliance by ensuring data protection and privacy regulations were met.

• Ensured SOX compliance by implementing internal controls and financial reporting processes.

• Implemented HIPAA compliance by ensuring patient data confidentiality and security measures were in place.
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Q1. Introduction about myself
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