RSM India Interview Questions, Process, and Tips

LD stands for Learning Disability.

• LD refers to a neurological disorder that affects a person's ability to learn and process information.

• It is not related to intelligence or lack of effort, but rather a difference in how the brain processes information.

• Common types of LD include dyslexia, dyscalculia, and ADHD.

• Individuals with LD may struggle with reading, writing, math, organization, and attention.

• Accommodations and su...read more

GST stands for Goods and Services Tax.

• GST is a comprehensive indirect tax on the manufacture, sale, and consumption of goods and services throughout India.

• It was implemented on 1st July 2017 to replace multiple indirect taxes levied by the central and state governments.

• GST has three components - CGST, SGST, and IGST - which are levied at different rates depending on the type of goods or services.

• GST has simplified the ...read more

GST rates on luxury goods and food items vary depending on the category they fall under.

• GST on luxury goods ranges from 18% to 28% depending on the item.

• GST on food items varies depending on whether they are packaged or not, and whether they fall under the exempted or non-exempted category.

• Processed foods generally attract a higher GST rate compared to unprocessed foods.

• Some food items like milk, fruits, and vegetables...read more