CIL Interview – Finance & Accounts Preparation

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CIL Finance Interview

CIL Finance Interview (including accounts) preparation. Coal India Limited successfully conducted the written exam on March 26th, 2017 for the recruitment of Management Trainees in 18 disciplines. From a job perspective, Coal India is an extremely important PSU to work for among the long list of Public Sector Units. Best part is that it conducts its own exam besides GATE for recruitment of some of the most competitive minds in the country. Also, the CIL MT Exam isn’t just for techies but for individuals from various academic streams. This is why aspirants in large numbers appear for it whenever CIL advertises its recruitment notification. The CIL Finance Interview preparation strategy should be good because the competition will be very high.

CIL Interview Finance Preparation 2017 – Highlights

Organizing BodyCoal India Limited
SpecializationFinance & Accounts
Expected Duration25 to 35 minutes
Technical Knowledge ExpectationModerate
Financial Knowledge ExpectationHigh

CIL Finance Interview: Important Points to Consider

 TECHNICAL KNOWLEDGEMany aspirants feel that since they have to work for the finance and accounts department at CIL, no technical knowledge is expected out of them. But that is not the case. A basic knowledge of technology is surely expected from aspirants and so be prepared. Some technical questions (of a basic level) will be asked in CIL Finance Interview.
 PRECISIONDuring your CIL Finance interview, keep your answers as precise as possible. Try timing your answers around 3 minutes. It is more than sufficient time for the interviewer to evaluate you.
 TERMSBeing a part of CIL Finance interview, you have got to know your terms relating to finance and accounts especially the ones used in context with your future job profile at Coal India.
 PROFILEYou should be well aware of your academic and professional profile. A lot of questions will be asked about your profile and you should obviously know them. Come across as someone with confidence. Any achievements in the past relating to Finance should be highlighted if asked.
 ASSETProve to the interviewers that you will be an asset to the organization and will contribute immensely to the finance department.

CIL Finance Interview: Recommended Questions

The following list of questions have been compiled keeping in mind the experiences of finance candidates over the years not just in CIL finance Interview but other PSUs as well. Go through them and check whether you’re able to answer. If not, start preparing them immediately.

Q1.  What do you understand by a cash flow statement ?
Q2.  What is meant by working capital ?
Q3.  How is it possible for an organization to show + net income but still go bankrupt?
Q4. How do you see the Government’s Demonetization Policy ?
Q5. What other measures should be taken by the Government to handle black money ?
Q6. What do you understand by Monetary policy and what role does RBI have in it ?
Q7. Which is the first state in India to change the financial year from April-March to January-February ?
Q8.  Which is the most preferred of your accounting applications and why ?
Q9. What do you understand by a deferred tax asset ?
Q10. How do you rate Coal India Limited as a PSU ?
Q11. How can you contribute to Coal India in a way that no other applicant can’t ?
Q12. Why do you want to work with Coal India ? Why not a private company like Tata Steel ?
Q13. If given a choice, what other PSU would you prefer working in ?
Q14.  If not selected today, would you attempt the CIL MT exam again ?
Q15.  Where do you see yourself 3 years from now ?

What Documents Should You Possess for CIL Finance  Interview ?

Once the result for the written MT examination is out, you will be issued call letters for the CIL Finance Interview. You will be expected to definitely possess the subsequent list of documents.
Biodata Form MT 2017The Biodata form will be issued by Coal India Limited officials and will be made available on the website. You can view below the Biodata Form for the year 2014 just for curiosity.

VIEW HERE THE BIODATA FORM FOR CIL
Format of SC/ST CertificateThis will be filled in by candidates who belong from the Schedule Caste or Schedule Tribe categories and have applied for CIL MT recruitment 2017 under the same.You can view the SC/ST form below .

VIEW HERE THE SC/ST FORM FOR CIL
Format for OBC (Non-Creamy Layer) CertificateThis will be filled in by candidates who belong from the OBC Non- Creamy Layer category and have applied for CIL MT recruitment 2017 under the same.You can view the OBC(Non-Creamy Layer) form below .

VIEW HERE THE OBC FORM FOR CIL
Format for PH CertificateThis will be filled in by candidates who belong from the differently abled category and have applied for CIL MT recruitment 2017 under the same.You can view the PH form below .

VIEW HERE THE PH FORM FOR CIL

How to Approach the CIL Finance Interview Panel ?

  • Be courteous and graceful in your conduct while greeting them.
  • Be extremely polite and soft spoken.
  • Cockiness and arrogance should be a total no-no.
  • Be decent enough and thank them when you’re appreciated for your achievements
  • Be apologetic if you spell out a wrong answer
  • Be truthful at all times. Being yourself is all that an interview is all about.

CIL Interview Preparation for Other Disciplines

VIEW HERE PREPARATION STRATEGY FOR CIL HR INTERVIEW

 

VIEW HERE PREPARATION STRATEGY FOR CIL SYSTEM IT INTERVIEW

 

VIEW HERE PREPARATION STRATEGY FOR CIL LAW INTERVIEW

 

VIEW HERE PREPARATION STRATEGY FOR  MECHANICAL INTERVIEW

 

VIEW HERE DO’s & DON’TS OF CIL MT INTERVIEW

  • Swaroop

    @akritiMB:disqus
    mam pls post tips for Sales and marketing, i am very weak in english, suggest any place who conducts mock interviews, Thankyou 🙂

  • Abhijit Bose

    @akritiMB:disqus MA’AM PLEASE POST TIPS FOR SYSTEMS/IT…

  • Saurabh Meena

    Mam please write about HR stream also and mam i am really getting tensed as results are not getting displayed even after one month and people are spreading rumors like result will be out in June seriously getting depressed due to all this COAL INDIA se i have lots of hope please help mam