Reliance Power Senior Executive Interview Questions and Answers

Q1. What is the average number of UPI transactions that occur within a month?
Ans. 
UPI transactions have surged in India, averaging over 6 billion monthly as of 2023, reflecting digital payment growth.
• UPI (Unified Payments Interface) was launched in 2016 and has seen exponential growth.

• In October 2023, UPI transactions exceeded 6 billion in a month.

• The average transaction value has also increased, indicating higher consumer confidence.

• For example, in September 2023, UPI recorded transactions worth ov...read more
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Q2. How would a subscription-based phone buying model operate?
Ans. 
A subscription-based phone buying model allows customers to pay a monthly fee for phone access and upgrades.
• Monthly subscription fee covers the cost of the phone and service.

• Customers can choose from various plans based on their needs (e.g., storage, features).

• Example: A user pays $30/month for a new smartphone with insurance and upgrades every year.

• The model may include trade-in options for older devices, reducing cos...read more
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Q1. Ask latest GST taxation rules
Ans. 
Latest GST rules focus on compliance, rate changes, and digital invoicing to streamline taxation in India.
• GST rates have been revised for certain goods; for example, the tax on electric vehicles has been reduced to 5%.

• Mandatory e-invoicing for businesses with a turnover exceeding ₹5 crore to enhance transparency and reduce tax evasion.

• Introduction of the GST e-way bill system to track the movement of goods and ensure c...read more
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Q2. Ask latest income tax amendment
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Types of cement and what is iscodes

Q1. Asked to give self introduction
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Q2. Asked to give information about the past company
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