30+ The Wadhwa Group Interview Questions and Answers

Depreciation is the decrease in value of an asset over time. Yes, an organization can change its method of depreciation.

• Depreciation is a method of allocating the cost of a tangible asset over its useful life

• It is used to reflect the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors

• An organization can change its method of depreciation by making adjustments to its accounting policies and procedures

• For example, an organization may swit...read more

Yes, a company can give loans to other corporates.

• Companies can give loans to other corporates as a form of investment.

• The terms and conditions of the loan are usually outlined in a loan agreement.

• The loan can be secured or unsecured, depending on the agreement.

• The interest rate and repayment schedule are also agreed upon in the loan agreement.

• Examples of companies giving loans to other corporates include banks, financial institutions, and private equity firms.

Job change is a career move that allows an individual to gain new experiences, skills, and opportunities for growth.

• Job change can provide a higher salary or better benefits

• Job change can offer a chance to work in a different industry or with different people

• Job change can help an individual develop new skills and gain valuable experience

• Job change can provide opportunities for career advancement

• Job change can help an individual find a better work-life balance

Section 2(22)(e) refers to the definition of 'Deemed Dividend' under the Income Tax Act.

• It is a provision under the Income Tax Act, 1961.

• It defines certain payments made by a company to its shareholders as deemed dividends.

• These payments are treated as dividends for tax purposes and are taxed accordingly.

• Examples of deemed dividends include distribution of accumulated profits, loans or advances given to shareholders, etc.

Financial liabilities are obligations that a company owes to others and must be paid back in the future.

• Financial obligations that a company owes to others

• Must be paid back in the future

• Examples include loans, bonds, and accounts payable

High rise building experience includes knowledge of slab cycle, which is the process of pouring and curing concrete slabs in a sequential manner.

• Slab cycle refers to the process of pouring and curing concrete slabs in a high rise building construction project.

• It involves pouring concrete for one floor slab, allowing it to cure, then moving on to the next floor slab in a sequential manner.

• The cycle continues until all the required slabs for the building are completed.

• Understan...read more

Ahu inlet and outlet water conditions are important for proper functioning of HVAC system.

• Water temperature should be within the specified range

• Water flow rate should be adequate

• Water quality should be maintained to prevent corrosion and scaling

• Water pressure should be monitored to avoid leaks and damage to equipment

Deferred tax is a liability or asset that arises from temporary differences between accounting and tax rules.

• Deferred tax is a result of differences between the way a company accounts for income and expenses and the way it is taxed.

• It can be a liability or an asset depending on whether the tax rate is higher or lower than the accounting rate.

• Deferred tax liabilities arise when a company has paid less tax than it owes, while deferred tax assets arise when a company has paid mo...read more

Water cooled chillers require proper water treatment and maintenance to ensure efficient operation and prevent corrosion and scale buildup.

• Water quality must be monitored and treated regularly to prevent corrosion and scale buildup

• Proper water flow and pressure must be maintained to ensure efficient heat transfer

• Regular maintenance of the chiller and its components is necessary to prevent breakdowns and ensure optimal performance

• Environmental factors such as temperature and h...read more

If the 28 days cube fails, the next step would be to analyze the reasons for failure and implement corrective measures.

• Identify the possible causes of failure

• Evaluate the effectiveness of the cube

• Implement corrective actions based on the analysis

• Monitor the performance of the revised cube

• Consider alternative solutions if necessary

Yes, I can create a pivot table and make a dashboard from it.

• Create a pivot table by selecting the data and inserting a pivot table.

• Drag and drop fields into the rows, columns, and values section to organize the data.

• Use the pivot table to summarize and analyze data.

• Create a dashboard by inserting charts, graphs, and other visualizations based on the pivot table data.

• Customize the dashboard layout and design to present the data effectively.

Chiller inlet and outlet conditions refer to the temperature and pressure of the fluid entering and leaving the chiller.

• Inlet conditions include temperature, pressure, and flow rate of the fluid entering the chiller.

• Outlet conditions include temperature, pressure, and flow rate of the fluid leaving the chiller.

• Monitoring and adjusting these conditions is crucial for efficient chiller operation.

• Examples of inlet and outlet conditions include: 45°F inlet temperature, 60°F outle...read more

A valid reason for a hike is to retain top talent and reward exceptional performance.

• To retain top talent and prevent them from seeking better opportunities elsewhere

• To reward exceptional performance and motivate employees to continue performing at a high level

• To align compensation with market rates and ensure employees are fairly compensated

• To recognize and acknowledge the value that employees bring to the organization

• For example, if an employee consistently exceeds their ta...read more

Common points that delay a project include poor planning, scope changes, resource constraints, and external factors.

• Poor planning and lack of clear project scope

• Scope changes and requirements creep

• Resource constraints such as limited budget or manpower

• External factors like weather conditions, regulatory changes, or supplier delays

GST stands for Goods and Services Tax. It is a comprehensive indirect tax levied on the supply of goods and services.

• GST is a single tax that replaced multiple indirect taxes in India

• It was implemented on July 1, 2017

• GST has three components: Central GST (CGST), State GST (SGST), and Integrated GST (IGST)

• It aims to simplify the tax structure, reduce tax evasion, and promote ease of doing business

• GST is applicable to all stages of the supply chain, from manufacturing to consum...read more

The total value of sales based on various quarters is...

• The total value of sales can be calculated by adding up the sales figures for each quarter

• The sales figures for each quarter should be readily available in the company's financial records

• It may be helpful to create a chart or graph to visualize the sales trends over time

R.O plant working conditions refer to the environment and factors affecting the operation of a reverse osmosis plant.

• Temperature and humidity levels should be controlled to prevent damage to equipment

• Water quality should be monitored regularly to ensure optimal performance

• Proper ventilation is necessary to prevent buildup of harmful gases

• Maintenance and cleaning schedules should be followed to prevent contamination

• Safety protocols should be in place to prevent accidents and i...read more

AHU blowers conditions refer to the state of the air handling unit's fans.

• The condition of AHU blowers affects the airflow and temperature control of the HVAC system.

• Dirty or damaged blowers can cause reduced efficiency and increased energy consumption.

• Regular maintenance and cleaning of AHU blowers is important to ensure optimal performance.

• AHU blowers should be inspected for wear and tear, and replaced if necessary.

• Proper lubrication of AHU blowers can also improve their pe...read more

Sales dip or increase can be due to various factors such as market trends, competition, economic conditions, product quality, pricing strategy, and marketing efforts.

• Market trends: Changes in consumer preferences, demand, and behavior can impact sales.

• Competition: Increased competition can lead to a decrease in sales.

• Economic conditions: A recession or economic downturn can affect sales.

• Product quality: Poor quality products can lead to a decrease in sales.

• Pricing strategy: I...read more

Transformer safety alarms are warning systems that indicate potential issues or dangers in the operation of a transformer.

• Overtemperature alarm: Indicates when the transformer temperature exceeds a safe limit.

• Oil level alarm: Alerts when the transformer oil level is below the recommended level.

• Pressure relief alarm: Activates when the pressure inside the transformer exceeds a certain threshold.

• Gas detection alarm: Detects the presence of gases, such as hydrogen or carbon mono...read more

Provisions under Companies Act

• Companies Act, 2013 governs the incorporation, functioning, and winding up of companies in India

• It mandates the appointment of a Company Secretary for certain classes of companies

• It lays down rules for the conduct of board meetings, general meetings, and other corporate actions

• It provides for the maintenance of various registers and records by companies

• It prescribes penalties for non-compliance with its provisions

Ind AS 115 and leases are accounting standards related to revenue recognition and lease accounting respectively.

• Ind AS 115 is a new revenue recognition standard that replaces the existing Ind AS 18 and Ind AS 11.

• It provides a single, comprehensive framework for revenue recognition from contracts with customers.

• Lease accounting standard, Ind AS 116, requires lessees to recognize all leases on their balance sheet, while lessors continue to classify leases as operating or financ...read more

Concrete setting time refers to the time it takes for concrete to harden and become solid.

• Concrete setting time can vary depending on factors such as temperature, humidity, and the type of cement used.

• The initial setting time of concrete is the time it takes for the concrete to harden enough to resist light pressure. This is typically around 30 minutes to 1 hour.

• The final setting time of concrete is the time it takes for the concrete to fully harden and reach its maximum stre...read more

Block works refer to the construction of walls using blocks made of materials like concrete, clay, or stone.

• Blocks are typically made of materials like concrete, clay, or stone

• Blocks are stacked and bonded together using mortar to create walls

• Block works are commonly used in construction for both interior and exterior walls

• Different types of blocks, such as concrete blocks or clay bricks, can be used for block works

Different fittings are used in plumbing works to connect pipes and fixtures.

• Common fittings include elbows, tees, couplings, and valves.

• Elbows are used to change the direction of the pipe.

• Tees are used to connect three pipes together.

• Couplings are used to connect two pipes together.

• Valves are used to control the flow of water.

• Other fittings include reducers, adapters, and unions.

• Fittings can be made of various materials such as copper, PVC, and brass.

Waterproof procedure involves applying materials or treatments to prevent water from penetrating a surface or structure.

• Use waterproof sealants or coatings on surfaces such as roofs, decks, or foundations

• Install waterproof membranes or barriers in areas prone to water damage, such as bathrooms or basements

• Ensure proper drainage systems are in place to redirect water away from structures

• Regularly inspect and maintain waterproofing materials to ensure effectiveness

• Consider usin...read more

SUMIF function adds up values based on a given condition

• Use SUMIF to sum values in a range that meet a certain criteria

• Syntax: =SUMIF(range, criteria, [sum_range])

• Example: =SUMIF(A1:A10, ">10", B1:B10) will sum values in B1:B10 where corresponding value in A1:A10 is greater than 10

Reviving a category involves analyzing market trends, identifying gaps, rebranding products, and implementing innovative marketing strategies.

• Conduct market research to identify current trends and consumer preferences

• Analyze competitors to understand their strengths and weaknesses

• Revamp product offerings to meet changing consumer needs

• Implement creative marketing campaigns to generate interest and attract new customers

• Collaborate with vendors to introduce exclusive products o...read more