Veritas Finance
L&T Energy Hydrocarbon Interview Questions and Answers
Q1. Who is appropriate authority published ROR
The appropriate authority that published ROR is the regulatory body responsible for overseeing the relevant industry or sector.
The appropriate authority varies depending on the specific industry or sector.
For example, in the pharmaceutical industry, the appropriate authority that publishes the Summary of Product Characteristics (SmPC) and Package Leaflet (PL) is the European Medicines Agency (EMA).
In the financial sector, the appropriate authority that publishes the Rules of ...read more
Q2. Difference between legal heir and successor
Legal heir refers to a person entitled to inherit the property of a deceased person, while a successor is someone who takes over a position or role.
Legal heir is determined by inheritance laws and is entitled to the deceased person's assets and liabilities.
Successor is someone who is chosen or appointed to take over a position or role.
Legal heirship is based on blood relations or legal adoption, while a successor can be anyone chosen by the organization or individual.
Legal he...read more
Q3. Why Registered Mortgage
Registered mortgage provides legal protection and priority to the lender in case of default by the borrower.
Registered mortgage creates a legal charge on the property, giving the lender the right to sell the property to recover the loan amount.
It provides a higher level of security to the lender compared to an unregistered mortgage.
Registration of the mortgage ensures that it is publicly recorded and can be easily verified by potential buyers or other lenders.
In case of multi...read more
Q4. Difference between EM and RM
EM stands for Emergency Medicine while RM stands for Risk Management.
EM refers to the medical specialty that focuses on the immediate care of patients with acute illnesses or injuries.
RM refers to the process of identifying, assessing, and prioritizing risks to minimize potential harm or loss to an organization.
EM involves providing immediate medical attention in emergency situations, such as trauma, heart attacks, or severe infections.
RM involves analyzing potential risks, i...read more
Q5. Who published ror
Ruby on Rails (RoR) was published by David Heinemeier Hansson in 2004.
Ruby on Rails (RoR) was published by David Heinemeier Hansson in 2004
RoR is a popular web application framework written in Ruby
RoR follows the Model-View-Controller (MVC) architectural pattern
Q6. Record of right
Record of right refers to the official document that shows the legal ownership of a property.
Record of right is a legal document that provides information about the ownership, possession, and rights associated with a property.
It is typically maintained by the government or a local authority.
The record of right includes details such as the name of the owner, survey number, area, boundaries, and any encumbrances or liens on the property.
It is important for property transactions...read more
Q7. Meaning of of ROR
ROR stands for Return on Revenue.
ROR is a financial metric used to measure the profitability of a company relative to its revenue.
It indicates how efficiently a company is generating profits from its sales.
ROR is calculated by dividing the net income by the total revenue and multiplying by 100.
A higher ROR indicates better profitability.
Example: If a company has a net income of $1 million and total revenue of $10 million, the ROR would be 10%.
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