Premier Energies Deputy Manager Interview Questions and Answers

Q1. About work area
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Q2. About boiler process
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Q1. Working field related technical questions
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Q1. Expected salary, notice period, previous experience,
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Q1. Electrical comodity questions like cable, transformer, panel routine test & type test questions.
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Q2. Previous organizations experience questions.
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Q3. Solar site related questions like installation of equipments
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Q4. HR round 1. why you want to join our organization. 2.Why have you left the previous organizations.
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Q1. Regarding past experiences
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Q1. Related to previous experiences
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Q1. What is the cause of damaging MHV in first 3 hoppers.
Ans. 
The cause of damaging MHV in first 3 hoppers is likely due to improper maintenance and lack of regular inspections.
• Lack of regular maintenance checks on the MHV in the first 3 hoppers

• Possible wear and tear on the MHV components leading to damage

• Inadequate training of staff on proper handling and operation of the MHV

• Potential issues with the design or installation of the MHV system
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Q2. What is the purpose of gland packing in pumps.
Ans. 
Gland packing in pumps is used to prevent leakage of fluid along the pump shaft.
• Gland packing is a material placed around the pump shaft to create a seal between the shaft and the pump housing.

• It helps prevent leakage of fluid from the pump, ensuring efficient operation.

• Gland packing needs to be regularly checked and replaced to maintain its effectiveness.

• Common materials used for gland packing include graphite, PTFE, ...read more
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Q3. What is the shutoff vacuum?.
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Shutoff vacuum is the point at which a vacuum pump stops working due to reaching its maximum pressure limit.
• Shutoff vacuum is the maximum pressure limit at which a vacuum pump ceases to operate.

• It is important to know the shutoff vacuum to prevent damage to the pump.

• Regular maintenance and monitoring of the shutoff vacuum is necessary to ensure proper functioning of the vacuum pump.
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Q1. Can you want to join our firm and related to salary negotiation.
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Open competitive exam was conducted in All India basis and short listed candidates were called for another round of recruitment.

GD was conducted after test. Topic was related with organisation business area.

Q1. Final round of interview was conducted for shortlisted candidates of GD. I was asked about the questions related with my work experience
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Q2. Describe the current energy efficiency market scenario of the country
Ans. 
The energy efficiency market in the country is growing rapidly.
• The government has launched various initiatives to promote energy efficiency such as the National Mission for Enhanced Energy Efficiency (NMEEE).

• The market is driven by the increasing demand for energy-efficient products and services due to rising energy costs and environmental concerns.

• The adoption of energy-efficient technologies such as LED lighting, sma...read more
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Discussion on prominent business or geopolitical issue among 10-12 participants.

Q1. Major updates under Ind AS
Ans. 
Ind AS updates include changes in revenue recognition, lease accounting, and financial instruments.
• Ind AS 115 introduced a new revenue recognition model

• Ind AS 116 changed the accounting for leases

• Ind AS 109 introduced new rules for financial instruments

• Ind AS 32 and 107 were revised to align with the new financial instruments standard

• Ind AS 103 was revised to align with the new business combinations standard
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Q2. Methods and technicalities in preparing Cash Flow Statement.
Ans. 
Cash Flow Statement preparation involves analyzing cash inflows and outflows.
• Identify cash inflows and outflows from operating, investing, and financing activities

• Calculate net cash flow by subtracting cash outflows from cash inflows

• Prepare a statement of cash flows using the direct or indirect method

• Ensure accuracy by reconciling beginning and ending cash balances
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Q3. Recent Developments in Direct pr Indirect taxation.
Ans. 
Recent developments in direct and indirect taxation include changes in GST rates, introduction of e-invoicing, and new tax slabs.
• GST rates have been revised for various goods and services, such as reduction in rates for hotel room tariffs and outdoor catering services.

• E-invoicing has been introduced for businesses with a turnover of over Rs. 500 crore to improve tax compliance and reduce errors.

• New tax slabs have been ...read more
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