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Nalco Accountant Interview Questions and Answers

Updated 13 Feb 2020

Nalco Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Anonymous

posted on 13 Feb 2020

Interview Questionnaire 

1 Question

  • Q1. WHAT IS SHARE AND DEBENTURE ?
  • Ans. 

    Shares and debentures are financial instruments used by companies to raise capital from investors.

    • Shares represent ownership in a company and give the shareholder voting rights and a share in profits.

    • Debentures are a type of bond that companies issue to raise funds. They pay a fixed rate of interest and have a maturity date.

    • Shares are riskier than debentures as their value can fluctuate based on market conditions and c...

  • Answered by AI

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Interview Tips & Stories
2w (edited)
timepasstiwari
·
A Digital Markter
Nailed the interview, still rejected
Just had the BEST interview ever – super positive and encouraging! But got rejected. Interviewer said I was the most prepared, knew it was a full-time role (unlike others), and loved my answers. One of my questions was even called "the best ever asked!" He showed me around, said I was exactly what they wanted, and would get back by Friday. I was so hyped! Then today, I got the rejection email. No reason given, just "went with someone else." Feels bad when your best isn't enough. Anyone else been there? How'd you cope?
Got a question about Nalco?
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Interview questions from similar companies

Interview Questionnaire 

3 Questions

  • Q1. How much tax we calculate on Proprietor ship.
  • Ans. 

    The tax calculation on proprietorship depends on the income and tax laws of the specific country.

    • Tax on proprietorship is calculated based on the income generated by the business.

    • The tax rate may vary depending on the tax laws and regulations of the country.

    • Deductions and exemptions allowed for business expenses can also affect the tax calculation.

    • For example, in the United States, sole proprietors report their busines...

  • Answered by AI
  • Q2. Direct tax or indirect tax salab
  • Ans. 

    Direct taxes are paid directly by individuals or organizations, while indirect taxes are levied on goods and services.

    • Direct taxes include income tax, corporate tax, and property tax.

    • Indirect taxes include sales tax, value-added tax (VAT), and excise duty.

    • Direct taxes are progressive, meaning higher earners pay a higher percentage.

    • Indirect taxes are regressive, affecting lower-income individuals more as they pay the sa...

  • Answered by AI
  • Q3. What is p2p process
  • Ans. 

    P2P process refers to the procurement-to-payment process, which involves the entire cycle of purchasing goods or services and paying for them.

    • P2P process involves requisitioning, purchasing, receiving, and paying for goods or services.

    • It starts with a purchase requisition, which is then approved and turned into a purchase order.

    • The goods or services are received and inspected, and an invoice is generated.

    • The invoice is...

  • Answered by AI

Accountant Interview Questions Asked at Other Companies

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Q4. What is the difference between a hard worker and a smart worker?
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Q5. Tell me about your self? Accounting Golden Rules? What is depreci ... read more

I applied via Company Website and was interviewed in Mar 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. What is mean of fbpb
  • Ans. 

    There is no known meaning for the acronym fbpb.

    • There is no context provided for the acronym fbpb, making it impossible to determine its meaning.

    • It is important to provide context when using acronyms to avoid confusion.

    • If the acronym fbpb is specific to a certain industry or organization, it may have a unique meaning within that context.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I am expert in accounting because I have solve the solution of problems
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed before Oct 2022. There were 2 interview rounds.

Round 1 - Group Discussion 

About company progress

Round 2 - HR 

(1 Question)

  • Q1. About company help

Interview Preparation Tips

Interview preparation tips for other job seekers - No any advice
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview in Sep 2023.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Accurate 

(1 Question)

  • Q1. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • There are three golden rules of accounting: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

    • These rules help ensure that financial transactions are accurately recorded and classified.

    • For example, when a company receives cash from a...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

    • These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

    • For example, when a com...

  • Answered by AI
Round 4 - Technical 

(1 Question)

  • Q1. Golden rules of account
  • Ans. 

    The golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • The three golden rules are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

    • These rules ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.

    • For example, when a company receives cash from a custo...

  • Answered by AI

I appeared for an interview in Oct 2016.

Interview Questionnaire 

6 Questions

  • Q1. Introduce yourself.
  • Ans. 

    Experienced retail professional with strong leadership skills and a passion for customer service.

    • Over 5 years of retail management experience

    • Proven track record of increasing sales and improving customer satisfaction

    • Strong leadership and team-building skills

    • Passionate about providing excellent customer service

    • Bachelor's degree in Business Administration

  • Answered by AI
  • Q2. How is alumina obtained from bauxite?
  • Ans. 

    Alumina is obtained from bauxite through the Bayer process.

    • Bauxite is crushed and mixed with sodium hydroxide to form a slurry.

    • The slurry is heated and pressurized in a digester to dissolve the alumina content.

    • The resulting solution is cooled and filtered to remove impurities.

    • The purified solution is then heated to precipitate the alumina as a white powder.

    • The alumina powder is washed, dried, and calcined to produce pu...

  • Answered by AI
  • Q3. Reaction for Al extraction from alumina.
  • Ans. 

    The reaction for Al extraction from alumina involves the reduction of alumina using carbon or electrolysis.

    • Alumina (Al2O3) is first converted into aluminum chloride (AlCl3) by reacting with hydrochloric acid.

    • The aluminum chloride is then reduced to aluminum metal by either carbon reduction or electrolysis.

    • In carbon reduction, carbon (usually in the form of coke) is heated with the aluminum chloride to produce aluminum ...

  • Answered by AI
  • Q4. Stainless steel production.
  • Q5. Types of cast iron.
  • Ans. 

    There are four main types of cast iron: gray iron, white iron, ductile iron, and malleable iron.

    • Gray iron is the most common type and has excellent castability and good machinability.

    • White iron is very hard and brittle, often used for wear-resistant applications.

    • Ductile iron has high strength and ductility, making it suitable for a wide range of applications.

    • Malleable iron is heat-treated to improve its strength and du...

  • Answered by AI
  • Q6. Location constraints and little info about family.

Interview Preparation Tips

Round: Test
Experience: Basic Aptitude and Verbal Test - Easy Questions
Tips: Improve Speed and Accuracy
Duration: 30 minutes
Total Questions: 35

Round: Group Discussion
Experience: Two sects formed; one supporting the argument and other opposing it. Wage gap, Indian Mine Law, social pressure, patriarchal mentality and crime against women were discussed.
Tips: Communication skills are more important than content. Show confidence and speak fluently. Factual and grammatical errors can be ignored.
Duration: 15 minutes

Round: Technical + HR Interview
Experience: They were chilled out and were giving time to speak. Little hints were also being given.
Tips: Be thorough with basics and don't give nonsensical answers if you don't know.

Skills: Technical Knowledge(ML
College Name: NIT Raipur

I applied via Recruitment Consultant and was interviewed in Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. What is mining ? which purpose to excavate soil
  • Ans. 

    Mining is the process of extracting valuable minerals or other geological materials from the earth's surface or underground.

    • Mining is done to obtain various resources such as coal, gold, diamonds, and metals like iron, copper, and aluminum.

    • It involves the removal of soil, rocks, and other materials to access the desired minerals.

    • Mining can be categorized into surface mining and underground mining, depending on the loca...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Online
Are these interview questions helpful?

I applied via Campus Placement and was interviewed before Sep 2021. There were 4 interview rounds.

Round 1 - Aptitude Test 

Basic Maths, Science & Gk

Round 2 - Group Discussion 

Indian economy - 10 min

Round 3 - Technical 

(4 Questions)

  • Q1. Difference between vs Refrigeration
  • Ans. 

    Air conditioning is the process of altering the properties of air to make it more comfortable, while refrigeration is the process of removing heat from a space or substance.

    • Air conditioning is used to cool and dehumidify indoor air for comfort.

    • Refrigeration is used to preserve food, medicine, and other perishable items.

    • Air conditioning uses a refrigerant to absorb heat from indoor air and release it outside.

    • Refrigerati...

  • Answered by AI
  • Q2. Thermodynamics cycle.
  • Q3. Material properties and usage in the real world
  • Ans. 

    Material properties and usage are crucial in determining the performance and durability of products in the real world.

    • Material properties such as strength, durability, and conductivity are important considerations in product design and development.

    • Different materials have different properties and are suited for different applications. For example, steel is strong and durable, making it ideal for construction and manufa...

  • Answered by AI
  • Q4. Heat conduction vs Raidation
  • Ans. 

    Heat conduction is the transfer of heat through a material, while radiation is the transfer of heat through electromagnetic waves.

    • Heat conduction occurs in solids and liquids, while radiation can occur in vacuum or through transparent media.

    • Heat conduction is slower than radiation.

    • Examples of heat conduction include touching a hot stove or holding a warm cup of coffee, while examples of radiation include feeling the wa...

  • Answered by AI
Round 4 - HR 

(2 Questions)

  • Q1. Are you willing to relocate
  • Q2. What is ur Expected CTC

Interview Preparation Tips

Interview preparation tips for other job seekers - Please do the hiring process from 2nd/3rd tier college.

I applied via Approached by Company and was interviewed before May 2021. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Technical 

(1 Question)

  • Q1. DM water parameter . Cold startup Coal analysis.

Interview Preparation Tips

Topics to prepare for Hindalco Industries Assistant Manager interview:
  • Boiler Operations
  • Turbine operation
  • Electrical protection
Interview preparation tips for other job seekers - Will be as per details mentioned in your resume.
Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Campus Placement and was interviewed before Oct 2023. There was 1 interview round.

Round 1 - Group Discussion 

GD on the Topic - Quality of coal is deteriorating, what should the company do?

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Overall Interview Experience Rating

5/5

based on 1 interview experience

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Nalco Accountant Reviews and Ratings

based on 2 reviews

5.0/5

Rating in categories

3.0

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4.0

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3.0

Salary

1.1

Job security

4.9

Company culture

2.0

Promotions

4.0

Work satisfaction

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