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British american tobacco Interview Questions and Answers
Ques:- Tally Erp 9, Tally 7.2
Right Answer:
Tally ERP 9 is a more advanced version of Tally 7.2, offering features like GST compliance, multi-user access, and enhanced reporting capabilities.
Ques:- What are the three golden rules of accounting?
Right Answer:
The three golden rules of accounting are:

1. **Debit the receiver, credit the giver** (Personal accounts).
2. **Debit what comes in, credit what goes out** (Real accounts).
3. **Debit all expenses and losses, credit all incomes and gains** (Nominal accounts).
Ques:- In order to attract deposits, banks offer various types of products with distinguishing features. As a student of banking law do you observe any challenge/threat from money laundering for banks in this struggle? Discuss
Right Answer:
Yes, banks face significant challenges from money laundering when attracting deposits. Money laundering can lead to reputational damage, regulatory penalties, and financial losses. Banks must implement strict compliance measures and due diligence processes to detect and prevent illicit activities, which can complicate their efforts to attract legitimate deposits.
Ques:- WHAT IS WORKING CAPITAL
Right Answer:
Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.
Ques:- How you encourage the job seekers and what action will take ?
Right Answer:
I encourage job seekers by providing personalized feedback on their resumes and interview skills, sharing job search strategies, and connecting them with networking opportunities. I also motivate them by celebrating small achievements and reminding them of their strengths.
Ques:- What is the difference between correlation and causation
Right Answer:
Correlation is a statistical measure that indicates the extent to which two variables fluctuate together, while causation implies that one variable directly affects or causes a change in another variable.
Ques:- What is a pivot table and how do you use it in Excel or other tools
Right Answer:
A pivot table is a data processing tool that summarizes and analyzes data in a spreadsheet, like Excel. You use it by selecting your data range, then inserting a pivot table, and dragging fields into rows, columns, values, and filters to organize and summarize the data as needed.
Ques:- What are the steps involved in data cleaning
Right Answer:
1. Remove duplicates
2. Handle missing values
3. Correct inconsistencies
4. Standardize formats
5. Filter out irrelevant data
6. Validate data accuracy
7. Normalize data if necessary
Ques:- What is the difference between supervised and unsupervised learning
Right Answer:
Supervised learning uses labeled data to train models, meaning the output is known, while unsupervised learning uses unlabeled data, where the model tries to find patterns or groupings without predefined outcomes.
Ques:- What is data analysis and why is it important
Right Answer:
Data analysis is the process of inspecting, cleaning, and modeling data to discover useful information, draw conclusions, and support decision-making. It is important because it helps organizations make informed decisions, identify trends, improve efficiency, and solve problems based on data-driven insights.
Ques:- Define capital structure? What are the principles of capital structure management?
Right Answer:
Capital structure refers to the mix of debt and equity that a company uses to finance its operations and growth. The principles of capital structure management include:

1. **Cost of Capital**: Balancing the cost of debt and equity to minimize overall financing costs.
2. **Financial Flexibility**: Maintaining the ability to raise funds when needed without excessive risk.
3. **Risk Management**: Assessing and managing the financial risk associated with different levels of debt.
4. **Control**: Ensuring that equity financing does not dilute ownership and control of the company.
5. **Market Conditions**: Adapting the capital structure based on current market conditions and investor sentiment.
Ques:- Define secured loans and unsecured loans.
Right Answer:
Secured loans are loans backed by collateral, meaning the borrower offers an asset (like a house or car) that the lender can claim if the loan is not repaid. Unsecured loans, on the other hand, are not backed by any collateral, relying solely on the borrower's creditworthiness for approval and repayment.
Ques:- What are the various forms in which a company may carry the inventory?
Right Answer:
A company may carry inventory in the following forms:

1. Raw materials
2. Work-in-progress (WIP)
3. Finished goods
4. Maintenance, repair, and operations (MRO) supplies
5. Goods in transit
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