My Interview on 25-07-2015
Board: Farman Ali
Optionals: Hindi Litt., Management
Edu.: BSc(PCM), MA(Economics), MBA
Chaiman: Asked about qualification, current job, optionals & name of two anglo indians nominated to lok-sabha.
M1: Samvidhan Sanshodhan ki prakriya. Name of Chief Justice of India
M2: Disaster Management, Corelation and its example
M3: Reason for fall of chinese market, Preference Shares, Insider Trading & Example, Cite a doha and explain it
M4: What is personality? Can personality change? What makes the personality change? Give examples Can a incapable candidate may get any job?
Interview Transcript (conversation in hindi/english mixed)
Me: Greeted board. Chairman asked to take seat.
Chairman: What are you doing right now..
Me: Sir, I am working with BSNL as Junior Telecom Officer.
Chairman: What is you qualification
Me: BSC (Physics, Maths). Also MA (Economics) and MBA
Chairman: OK (all members take note of the info). What are your optionals
Me: Sir, Hindi Litt. and Management
Chairman: Recently two Anglo Indian members have been nominated to Lok Sabha
Me: Sorry Sir, I don't know.
M1: Samvidhan Sanshodhan ki prakriya.
Me: Article 368 deals with samvidhan sanshodhan. There are three types of procedures. First needs simple majority in parliament, other one needs special majority.
M1: What is this special majority
Me: 2/3 majoity
M1: of present and voting.
Me: yes sir. And third procedure requires concent of more than half of the states as well.
M1: Ok. Who is the present Chief Justice of India.
Me: (Fumbled) i think Justice Lodha.... R.M. Lodha.
Chairman: He went in past. May be due to recent judgement on cricket.
Me: (Thinking and remembering) Sir H.L. Dattu is present CJI.
M1: Yes. It is right
M2: What is Distater Management
Me: Distater Management is preparing to cope with disasters. It includes steps for prevending disaster, developing expertise for rescue during disaster... mentioned Tsunami Warning Systems, Earthquake warning systems, specialized teams of NDRF
M2: You have studied economics then you must have studied stats. What is econometrics?
Me: Sir it is related with economic models using statistics. In my MA it was in second year as optional so i have not specifically studied this subject.
M2: Still as you have studied economics you should have some knowledge of Stats. What is correlation.
Me: Sir for correlation we need at least two variables. If change in value of one variable causes change in value of other variable then there is correlation between the two variables. If increase in the value of one variable causes increase in the value of other variable then it is said positive correlation.
M2: If decrease in one causes decrease in other, then
Me: Sir, then also it is positive correlation.
M2: So, it is about direction...
Me: Yes Sir. If the direction of change is same the correlation is positive and if it is opposite then the correlation is negative
M2: Give Some Example
Me: Sir in stock market if we see share of hero Honda
M2: Tell some example for a layman, like price of gobhi with respect to supply and demand
M2: Sir Price of ‘gobhi’ depend upon supply and demand. If supply is more and demand is less prices fall and if supply is less and demand is more the prices increase. Increase in supply decrease the price and decrease in supply increases price, so supply and price of gobhi are negatively corelated. Also, when demand increases prices increase and prices decrease with decrease in demand. Therefore demand is positively corelated with price.
M3: You just talked about stock market. Why stock market of china has dropped heavily in recent months.
Me: Slow Down in Chinese economy is the reason for this stock market crash.
M3: Give three reasons...
Me: Tried to give reasons, but expert not satisfied.
M3: I give you a hint. It has increased 153% in previous few months before crash.
Me: Not able to answer.
M3: What are preference shares?
Me: Preference shares get preferable treatment in distribution of dividend. In case of liquidation of company the preference share claim will be settled before claim of normal equity.
M3: What is insider trading?
Me: Sir, The stocks in share market move up and down. Insider trading is the incidence when a person having access to internal information of a company attempts to use such information for making profits from trading of stock in share market.
M3: Can you give any example.
Me: Sir, I don’t remember the exact name. There was a famous incidence in US few time back.
M3: Yes. Mr. Gupta
Me. Yes Sir, Mr. Rajat Gupta.
M3: Cite a Doha and explain it
Me: Guru Govind Dou Khade.....Batay|| and said that it tells the superiority of Guru over God.
M2: Guruji to job change karke yahan aana chahte hain
Me: Sir, Bhauthikta ka prabhav hai.
M4: How will you explain personality?
Me: Sir Personality has two aspects like hardware and software. Hardware is looks, appearance etc. And software include social skills, how to interact with others.
M4: The software part of personally include what else.
Me: How to react as per situation, how to adapt according to changed circumstances, how to mix-up in organisation etc.
M4: Can the personality change?
Me: Yes Sir, it can change.
M4: What makes the personality change. Give examples
Me: Sir, It can change due to any major incidence or happening. There may be any accident or even with the person which changes his personality. There may be incidence with parents, relatives etc. which may also result in change in personality. Say if a child looses one of his parent in early age, then his personality may change.
This may also be changed due to positive reasons. Getting the job, recognition at workplace, promotion, better appraisal may result in change in the personality. Any good happening with family, relatives may also change personality. For example if elder brother gets prestigious job then the personality of younger brother may also change.
M4: Can a incapable candidate may get any job?
Me: Yes Sir. It may happen. Infact there is a principle in manangement which says "People rise in the organisation to the level of their incapability"
M3: There is a technical name for this. "Managers rise to the level of their incompetence." is called Peter's Principle.
Chairmain: Ok. Theek hai aap jaa sakte hain…
Me: Thanked and greeted the board.. and left the room.