Venky's Interview Questions and Answers

Q1. What is balance sheet
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two.

• The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.

• It helps in...read more
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Q2. What is prepaid expenses
Ans. 
Prepaid expenses are expenses that have been paid for in advance but have not yet been incurred.
• Prepaid expenses are considered assets on the balance sheet until they are used up or expire.

• Common examples of prepaid expenses include prepaid rent, insurance premiums, and subscriptions.

• Prepaid expenses are initially recorded as assets and then gradually expensed over time as they are used or consumed.
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Sale for products in group discussion

Q1. Hr discouse about sales in products
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Q2. About in sales department
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Q1. Asking salary expectations
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Q1. How much GDP in India
Ans. 
India's GDP was $2.7 trillion in 2020.
• India is the world's sixth-largest economy.

• GDP growth rate was 4.2% in 2019-20.

• Service sector contributes the most to GDP.

• COVID-19 pandemic has affected the economy negatively.
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Q2. Venky's company owner name
Ans. 
The owner of Venky's company is B. V. Rao.
• B. V. Rao is the founder and owner of Venky's company.

• He started the company in 1971 in Pune, India.

• Venky's is a leading poultry company that produces chicken and eggs.

• The company has expanded globally with operations in the UK, Europe, and the Middle East.
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