Commerce & Accountancy Optional Interview Transcripts Coming Session

Date- 21-3-25; Forenoon session
Time- 25 approx
Board- Suman Sharma ma’am
DAF keywords- commerce, accountancy, UCLA, audit and corporate governance, Nagpur

Chairperson-
I’ve a retirement fund of let’s say ₹1 crore, what would you suggest how I should invest?
Won’t you suggest metals like silver or gold?
Why are silver prices rising so much?
Okay you told me FD, but in the long term it has a negative return then why to invest in that?
World Happiness index is released and India has ranked low, what effective step would you like to take to improve our ranking?
What does happiness mean to you?
What are the 3 disastrous steps that Trump has taken towards India?

M2 (Lady Member)
You were at UCLA, what did you do there? How many days were you there?
Tell me how UCLA is different from Indian university
Don’t you think Nagpur got it’s metro even before it was needed?
Moving on, you need to defend this statement; you can’t go against it- Auditors are nuisance for the company… (added a few more critical things against them) now justify
Okay, what do you think are the reasons why Nordic countries are more developed than us?

M3 (Male member)
Coming to corporate governance, tell me how to companies make their investment decisions? What aspects they look into?
Don’t you think ecological impact and damage should also be considered here? How would you take that into account? (I mentioned green accounting)
Have you heard about internal carbon pricing method? How is it done?
Do you know about carbon markets ? How to they function?
India has many deficits, which need to be improved. What would you like to take on to improve? Let’s say I give you options, he mentioned like 6-7 things…. Health, fiscal, education, etc

M4 (Male member)
What do you understand by precision farming?
How it’s done? What technologies do you use?
How is the govt aiding in precision farming relating to soil?
Heard of Krishi Vigyan Kendra? What do they do?
Okay moving on, you see energy sector is the biggest source of GHG, what is the 2nd largest? (I said sorry, not able to recollect)
A small monologue of transport sector being the 2nd largest and how its polluting environment, now tell me what govt is doing to counter it and what would you suggest?
(Previously I mentioned about ethanol blending) Ethanol chemical formula has carbon so it will still emit, how is it effective?
Don’t you think, rail and air transport should also be taken into account? What betterment of their engine technology would you suggest?

M4(lady member)
Taking cue from the auditor being nuisance, why do we require them then?
What are the methods auditors employ to study a firm considering there is huge data?
Are there some tools they use?
What are types of auditors we have?
Don’t you think the figures quoted by them are superficial specially taking the 2G spectrum case, we never reached a solution of accountability for that…
What do you understand by horizontal accounting?
How do we use it? How to prepare it?

Chairperson Suman ma’am- Okay, thank you.

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