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Interview Question Bank

Commerce Interview Questions

  • (Mean, Median & Mode).Significance of mean median & mode?
  • According to you, how much time it will take for the countries to come out of recession?
  • Are exports included in GDP?
  • Calculate income tax of this question.
  • Can operating profit be more than gross profit?
  • Can you comment something on the ongoing recession?
  • Can you describe how Private Banking works?
  • Can you elaborate on the various sub accounts of BOP?
  • Comment on this year's budget?
  • Difference between current assets & fixed assets?
  • Difference between revenue and profit?
  • Discount rate is the correct term. What else can you call it?
  • Do you invest in the stock markets?
  • Do you know about the budget and economy?
  • Do you know of any mechanism by which RBI can withdraw excess money supply from the FOREX market?
  • Explain PERT technique?
  • For a big MNC, What documents are covered in the Financial Statement?
  • Give me the responsibilities of RBI in simple points?
  • Give SEBI guidelines for a small investor.
  • Have you heard about CAG?
  • Have you heard about investment banking?
  • Have you heard about variance and standard deviation?
  • Have you read about standard deviation and other such statistical terms?
  • How do you determine dollar's rate and on what formula is it based?
  • How do you do breakeven analysis?
  • How do you record sundry allowances in accounts?
  • How does GDP contribute to the economy of the country?
  • How many banks are there in India?
  • How many different accounting standards are there?
  • How will you determine the discount rate?
  • How will you explain what is NPV to your grand-mother?
  • In which language accountancy was first established?
  • Is forex a part of BOP?
  • Is there any proposal of opening new banks?
  • Questions on economics such as what inflation is, what equimarginal utility is, and what macro economics is.
  • Suppose I am a layman how will you make me understand what a Subprime crisis is?
  • Suppose you have a balance sheet of an SME company, how will you decide whether to finance the company or not?
  • Tell me something about double entry book keeping?
  • Tell me something about GST?
  • Tell us about accounts and taxation?
  • Tell us the functioning of RBI, who is the current governor of RBI?
  • What are CRR, Repo Rate, Reverse Repo Rate and Bank Rate, how they are used by RBI?
  • What are direct and indirect taxes?
  • What are the different accounting ratios?
  • What are the different types of taxes?
  • What are the measures of central tendency?
  • What are the Taxation rules?
  • What do you mean by the word subprime?
  • What is a Budget?
  • What is a SEZ?
  • What is balance of payments?
  • What is capital budgeting?
  • What is centre's role and state's role in planning?
  • What is COGS? Tell something about depreciation frauds.
  • What is CRR?
  • What is current rate?
  • What is difference between book value and market value?
  • What is direct tax?
  • What is EQ?
  • What is excise duty?
  • What is export data and import data?
  • What is FDI and FII?
  • What is finance?
  • What is Fiscal deficit and what is the fiscal deficit of India?
  • What is fixed cost and variable cost?
  • What is Fixed Cost, Variable Cost and Break Even point?
  • What is GDP and what is PPP?
  • What is GDP?
  • What is ICWA, balance sheet?
  • What is IIP?
  • What is Income tax?
  • What is India's foreign exchange reserve?
  • What is indirect tax?
  • What is inflation? What is its current rate?
  • What is Investment banking?
  • What is Keynesian theory?
  • What is liquidity?
  • What is Marginal Costing?
  • What is market capitalization?
  • What is mean, median and mode? What is the relation between these three?
  • What is mortality rate?
  • What is PE ratio?
  • What is Purchasing Power Parity? Concept and Explanation with regard to the Rupee and Dollar.
  • What is recession? What is slow down?
  • What is SEZ?
  • What is Standard deviation?
  • What is the concept of Comparative Cost Advantage?
  • What is the difference between Options and Futures?
  • What is the fiscal deficit of India?
  • What is the fiscal deficit of the US?
  • What is the full form of GAAP?
  • What is the GDP growth rate of India?
  • What is the inflation rate in US?
  • What is the internal rate of return formulae?
  • What is the Net present value formula?
  • What is the price of oil in the world market today? How is it affecting India?
  • What is the relation between income statement and balance sheet?
  • What is the role of an auditor?
  • What is the turnover?
  • What is trade, commerce, accounts, GDP rate and General Entry?
  • What is value of firm?
  • What is working capital account?
  • What is Z factor in economics?
  • What tax you pay in importing?
  • What was your favorite subject in B.Com?
  • When did Operations Research come into existence? What is its relevance?
  • When is the Budget presented and who presents it?
  • Which accounting standard do we follow?
  • Which country's SEZ project is very successful?
  • Who decides the exchange rate?
  • Who does the Economic Planning for India?
  • Who invented Double Entry Book Keeping?
  • Who is an entrepreneur?
  • Who is the chief of the economic planning commission?
  • Who prepares the Budget?
  • Why CS, why not CA?
  • Why did you shift from commerce to arts?
  • Why do you like accounts?
  • Why is P&L account not known as profit and loss account?
  • Why not become a CA?
  • Why profit is shown on liability side of the balance sheet?
  • Why you chose commerce as your field?
  • Why you don't do a course in CA or in M.Com?
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