IIM Rohtak

Commerce 9-12 Mins 21 Qs Extempore CV checked

Extempore topic

Role of NOTA

The conversation

21 questions

Tell us about yourself.
Extempore: Role of NOTA
What is your favourite subject?
What is perfect competition?
What is an indifference curve?
Why is it called an 'indifference' curve?
Do two indifference curves intersect each other? Why not?
Explain profit maximisation.
What is the circular flow of income in an economy? Explain the two-sector model.
What happens if there are three sectors in the circular flow?
What is the stock and flow concept?
What is the difference between current assets and quick assets?
Is inventory a stock or flow concept?
Why do we need financial statements?
Why are financial statements made periodically and not after 4-5 years?
Which accounting principle requires financial statements to be made periodically?
Explain Maslow's hierarchy of needs.
Do you follow any news? Tell us about a recent incident.
Is there any law regarding prohibition of liquor sale around highways?
Which state prohibits the sale of liquor? What is a dry state?
Show us your extracurricular activities.

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