IIM Rohtak

Commerce 9-12 Mins 15 Qs Extempore

Extempore topic

Global Terrorism

The conversation

15 questions

What is the meaning of your name?
What account do NPOs prepare instead of the Profit & Loss account? What is the equivalent of profit/loss in NPOs?
What is the Memorandum of Association and the Articles of Association?
What is the full form of GAAP? What is the equivalent in the USA? What is IFRS and its full form? Which one gives more discretion?
Explain two methods of depreciation. For which assets is the Diminishing Balance method used?
What is an LLP?
What is the difference between a corporation and a company?
What is the liability of a sole proprietor, a partner, and a shareholder in a joint stock company?
What is price discrimination?
What is fiscal policy? What are the different types of government expenses and incomes? In which area can the government reduce spending? Which organisation formulates fiscal policy?
What is monetary policy? Which organisation formulates it?
What is the kinked demand curve?
State your top 3 extracurricular achievements.
Who is the current CJI? Who is the Vice President of India?
Extempore: Global Terrorism

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