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Home Placement papers ONGC GT-2010 FI NANCE
ONGC GT-2010 FINANCE
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Date Of Addition: Sunday, November 07,
2010
All Oil and Natural Gas Corporaion Ltd.(ONGC) Placement papers
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All Ahmedabad Placement papers
ONGC PLACEMENT PAPER FOR GRADUATE TRAINEE EXAM (FINANCE AND ACCOUNTS)-25
TH
OCTOBER 2009

THE QUESTION PAPER FORMATE WAS AS UNDER. THE QUESTION PAPER CONTAINS TWO
SECTIONS, ONE FOR GENERAL KNOWLEDGE AND ANOTHER FOR SPECIALITION.
PART-1 GENERAL AWARENESS
(A) THIS SECTION CONTAIN 40 QUESTIONS OF GENERAL KNOWLEDGE EACH HAVING
ONE MARKS AND MULTIPLE CHOISE WITH FOUR OPTIONS.THE QUESTIONS WAS AS UNDER.I HAVE
WRTTEN DOWN QUESTION IN SHORT FORMATE SO APPLY YOUR LOGIC WHAT WAS IN QUESTION
PAPER.

1) FIRST INDIAN CITY SEA LINK BRIDGE CONSTRUCTED IN-MUMBAI
2) CHAIRMAN OF PLANNING COMMISSION-PRIME MINISTER
3) BOTANIC GARDEN OF INDIA SITUATED IN-CULCUTTA
4) 16 TH CHIEF ELECTION COMMISSINER OF INDIA-NAVIN CHAVALA
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5) INDIA GOT AWAKS FROM-ISERIAL
6) WHICH RIVER IS RECENTLY DECLARED AS NATION RIVER OF INDIA-GANGA
7) CHAIRMAN OF GANGA RIVER PURIFICATION-PRIME MINISTER
8) GDP OF INDIA-6.7%
9) DISCOVERY OF INDIA WRITTEN BY-J AWAHAR LAL NEHRU
10) ASIAN DEVELOPMENT BANK H.Q- MANILA
11) "HAND IN HAND" MILATRY PROGRAMME BETWEEN-INDIA AND CHINA
12) WHICH SEA IS DECIDIND FACTOR IN INTERNATION DATE LINE OF THE WORLD-PECIFIC
13) WHICH VITAMIN IS SOLUABE IN WATER-VITAMIN C
14) "MY COUNTRY MY LIFE" WRTTEN BY-J ASWANT SINGH
15) OPERATION ARROW IS RELATED TO-INDIAN POST
16) EDUCATIN COMMITTEE HEADE BY-YASHPAL
17) HIGHEST PICK OF NILGIRI-DODDA BETTA
18) OPERATION BLACK BOARD RELATED TO-PRIMARY EDUCATION
19) WHICH LENSE IS USED IN 3 D FILM-POLARIDE
20) RECENTY WHICH COUNTRY FACED TYPHOON-CHINA
21) KUCHIPUDI RELATED TO WHICH STATE- A.P
22) THEORY OF PLANET AND EARTH CICULATE AROUND THE SON GIVEN BY-COPERNICKS
23) WHO WON BRONZE MEDEL IN OLYMPICS-VIJ ENDER
24) THE ONLY INDIAN TO HIT TRIPLE CENTURY-VIRENDRA SEHWAG
25) ELEPHANTA PASS-SRILANKA
26) ASIAS FIRST DNA INDETIFICATION SYSTEM-LUCKNOW
27) CALLIGRAPHY-RELATED TO ANCIENT GROWTH
28) PADMA VIBHUSHAN-SISTER NIRMALA
29) MOSCUTE OF DELHI COMMONWEALTH GAME-SHER
30) LONGEST RIVER-AMAZONE(NILE WAS NOT IN THE OPETION)
31) MAXIMUM DURATION BETWEEN TWO SESSION OF PARLAMENT-6 MONTHS
32) NEWYORK IS SITUATED ON THE BANK OF RIVER-HUDSON
33) CIVIL SEVICE CAME TO INDIA UNDER THE COMMISSION OF-AITCHISON COMMISSION
34) FIRST AUTOMIC DRIVEN NAVAL ATTACK SHIP-ARIHANT
35) INDIAS FISCAL DEFICIT-
36) KOLKATTA NIGHT RIDER IN IPL-SHAHRUKH KHAN
37) WHICH CAN BE ABOLISED BUT NOT DISSOLVE-RAJ YASABHA
38) MICROSOFT HEADQUATER-CALIFORNIA
39) ONE QUESTION WAS RELATED TO NEWLY APPOINTED GOVERNER OF STATES
40) WHICH OF THE FOLLWING IS NOT PART OF ASIAN-BHUTAN


(B) IN THIS SECTION THEY ASKED TWO DESCRIPTIVE QUESTIONS EACH HAVING 5 MARKS.
1) GLOBLE AWARENESS OF TERRIRISM
2) INDIAN ECONOMIC SCENERIO IN RECESSION

PART-2 FINANCE AND ACCOUNTS
A) THIS SECTION CONTAINS FINANCE OR SPECIALISATION PAPER.IN THIS SECTION THEY
ASKED 80 QUESTION WITH MULTIPLE CHOISE ANSWERS EACH HAVING 1.5 MARKS.THE
QUESTION AND ANSWER WERE DIFFICULT TO REMEMBER EVENTHOUGH I TRY MY BEST
TO RECOLLCT TO VERY CLOSE LANGUAGE.THE MULTIPLE ANSWERS WERE VERY CLOSE
SO IT BECAME DIFFICULT TO CHOOSE AND REMEMBER WHICH IS EXACTLY RIGHT
ANSWER SO I HAVE WRITTEN DOWN ONLY QUESTIONS.
1) IS NPV ACCURATE METHOD-Y,N,MAY BE,DEPEND
2) LOC IS USED FOR-IMPORT,EXPORT,BOTH,DOMESTIC
3) MEANING OF WHITE KNIGHT IN MERGER
4) DOLLEX VALUE BASED ON-BSE,NSE,FE
5) MINIMUM CAPITAL REQUIRED FOR BSE LISTING
6) EXAMPLE OF REAL ND NOMINAL INFLATION
7) NPV CALCULATION EXAMPLE WITH PROBABILITY OF RETURN
8) DOW THEORY BASED ON ASSUMPTION
9) EFFICIENT MARKET HYPOTHESIS ASSUMPTION
10) NAME OF SHARPLY THEORY
11) BOND SELLING STARTED IN WHICH COUNTRY
12) IN IPO,PROMOTER HOLDIND SHOULD BE
13) M.V OF BOND DEPEND ON-MATURITY,INTEREST RATE,YIELD,ALL
14) IRR METHOD-WHEN NPV IS ZERO
15) AT THE MONEY-S.P>MP
16) IN BOOM FOR PUT OPTION WHEN PROFIT IS MADE-M.P<SP
17) IF TRADE DEFICIT INCREASES-PROFIT INCREASES,LOSS INCREASES,DEPEND
18) BAD DEBT IS PART OF PRODUCT COST-Y,N,MAY BE,IRRELEVANT
19) IN INFLATIONARY CONDITION WHICH COSTING METHOD IS USED-UNIT COSTING
20) OBEJ ECTIVE OF COSTING
21) PERPENTUAL GROWTH MODEL-GORDEN
22) GROWTH-br
23) IF OPERATION CYCLE IS LONG IT MEANS-GOOD MGT,MISS MGT,IRRELEVENT
24) IN S&P INDEX NET WORTH RELATED Q
25) BOND STRUCTURE INCLUDES
26) INTEREST IS TAX DEDUCTABLE
27) MEANING OF LEVEREGE-DIFF BETEWEEN EBIT AND PAT
28) CROWN J EWEL TERM MEANS
29) IN CAPITAL STRUCTURE IF DEBT INCREASES
30) CASH FLOW SHOULD BE-EVEN,EVEN AND REGULAR,CONTINUES,EVEN AND
CONTINUES
31) WHICH METHOD IS USED FOR GOODWILL VALUATION- ARBITARY, AVERAGE,SUPER
ANNUATION,
32) FACE VALUE OF SHARE-10,5,100,VARIABLE
33) PE RATIO INDICATE WHAT
I CAN RECOLLECT ONLY THESE QUESTIONS OUTS OF 80 QUESTIONS.

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B) DESCRIPTIVE FINANCE
IN THIS SECTION THEY HAVE ASKED 2 DECRIPTIVE QUESTION EACH HAVING
5 MARKS.
1) IN THIS QUESTION THEY HAVE ASKED ONE EXAMPLE OF BEA,IN THAT THEY HAVE ASKED
TO CALCULATE BREAKE EVEN POINT IN UNIT,IF SALE PRICE ,IF PROFIT INCREASES BY CERTAIN
PERCENTAGE ,INCREASE IF DECREASES WHAT WILL BE THE BEP.

2) THIS IS PURELY THEORATIC QUESTION IN WHICH THEY ASKED MEANING OF FINANCIAL TERMS.
1) NPV
2) IRR
3) TIME VALUE OF MONEY 4)WEALTH MAXIMIZATION AND PROFIT MAXIMIZATION.



INTERVIEW

I HAVE COME TO KNOW THAT I HAVE CLEARED THE WRITTEN EXAM THROGH E MAIL WITH
IN A MONTH.MY INTERVIEW WAS IN SCOPE MINAR, NEW DELHI ON 17 TH DECEMBER 2009 AND
FORTUNATLY IT WAS MY BIRTH DAY.THE INTERVIEW COMMITTEE WAS HAVING AROUND SIX OR
SEVEN MEMBER INCLUDIND CMD,CFO AND OTHER BOARD OF DIRECTORS.THE PENEL WAS VERY
CO-OPERATIVE .THEY ALWAYS USED TO ADD TO OUR ANSWER.MY EXPERIENCE OF INTERVIEW IS AS
UNDER.
THE REPORTING TIME OF INTERVIEW WAS 9.00 O CLOCKS AND AS USUAL I WAS LATE BY 30
MINUTES BUT ONGC AS BEING GOVERNMENT ORG NOTHING WAS ON TIME ,I WAITED TILL
AFTERNOON FOR MY TURN.FIRST STEP FOR INTERVIEW WAS DOCUMENT VARIFICATION IN WHICH
THEY CHECKED DEGREE,NOC OF PREVIOUS EMPLOYER,MARKSHEETS,CASTE CERTIFICATE ETC.
THEN AFTER THEY CALLED FOR PSYCHOMETRIC TEST IN WHICH THEY HAVE CHECHED
OUR CONFIDENCE, LEADERSHIP ABILTY, INTERPERSONAL SKILL THROUGH QUESTIONIERY HAVING
FOUR MULTIPLE CHOICES.FINALY TURN BY TURN THEY CALLED FOR INTRVIEW.
AFTER GIVING INTERVIEW I WAS SURE ABOUT MY SELECTION AS MY INTERVIEW LAST FOR
20 MINUTES BUT THERE WAS LITTLE DOUBT BECAUSE THERE ARE CANDIDATES WHO WERE CA,
ICWA, MBA FROM IIM, FOREIGN AND OTHER PRESTIGIOUS INSTITUTES OF INDIA. IN INTERVIEW THEY
HAVE ASKED FOLLOWING QUESTIONS.
1) ABOUT MY SELF,EDUCATION,MY INSTITUTE,MY FAMILY
2) DETAIL DISCUSSION ABOUT DIRECT TAX CODE
3) DETAIL DISCUSSION ABOUT GST AND ITS IMPLIMENTATION IN INDIA
4) CURRENT SLAB OF TAX AND SLAB IN DTC.
5) WHEN GOODWILL IS CREATED?
6) IF THERE IS IMPEREMENT OF ASSETS THEN ITS EFFECT ON GOODWILL?
7) WHAT IS REPO RATE AND REVERSE REPO RATE IN LAYMAN LANGUAGE?
8) WHAT IS CURRENT RATE OF REPO AND REVERSE REPO?
9) WHAT IS HYPOTHICATION, PLEDGE, AND MORTGADGE?
10) ONE QUESTION RELATED TO INTERNATIONAL FINANCE WHICH I DON'T KNOW
11) WHICH ACCOUNTING STANDARD DEALS WITH FOREIGN EXCHANGE AND ITS IMPLICATION
12) THERE WAS DISCUSSION ON TEAM PLAYER AND TEAM LEADER AS I HAVE TOLD HIM THAT I
AM LEADER
13) ABOUT MY PREPARATION FOR ONGC EXAM
14) WHAT ARE THE FINANCIAL STATEMENTS IN ANNUAL REPORT OF ONGC?
15) THERE WAS DISCUSSION ABOUT PLACE OF POSTING IF SELECTED
16) THEY HAVE ASKED ME ABOUT ONGC VIDESH LTD, AS I HAVE SHOWN THEM THAT I AM
READY TOBE POSTED IN ANYWHERE EVEN IN OVL.
17) WHY SHOULD WE SELECT YOU?
18) WHY YOU WANT TO BE WITH ONGC?
19) WHAT IS MONETARY ASSETS AND INTANGIBLE ASSETS?
20) WHAT IS BELOW POVERTY LINE?
21) WHAT IS CURRENT TURN OVER OF ONGC?
22) AND LAST QUESTION THEY ASKED ME WAS: WHEN CAN YOU J OIN?
AND FIANALY I HAVE GOT MY OFFER LETER ON 9 TH J ANUARY 2010 AT 6.00 P.M TO
J OIN ONGC ACADEMY, DEHRADUN AS A FINACE AND ACCOUNTS OFFICER IN EXECUTIVE LEVEL-1
FOR INDUCTION TRAINING AND FINALY POSTED IN ONGC HAZIRA,SURAT.
CHETAN MAKWANA,
Chetanmakwana21@gmail.com
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