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ONGC ACADEMY
KDMIPE CAMPUS: DEHRADUN
GENERAL THEORITICAL TRAINING
QUESTION PAPER-II
Duration: ( 90 min )
NO.
GT-2005(I)
DATED:
11.04.2006
NAME: _______________________
DESIGNATION: _______________
CPF NO.______________________
HOUSE: _____________________
c)
d)
none
both
33: Suspension
34: Nature of penalties both Major and minor
35: Disciplinary authority
36: Procedure for implementing major penalty.
37: Action on inquiry report
38: Procedure of imposing minor penalty
17. Nature of penalties are stipulated under rule 46: Appealing to authority
a. 38
b. 34
c. 36
d. 33
18. Appeal can be preferred only once
a. True
b. False
c. dont know
d. none of the above
19. CEA is admissible while under suspension
a. True
b. false
c. dont know
d. none of the above
20. Inquiry may be held under minor penalty action
a. True
b. false
c. dont know
d. none of the above
21. Proforma S to be filed by executives in case of the
transactions exceeding
a) Rs.50,000/b) Rs.5,000/c) Rs.10,000/d) None of the above
22. IPR/MPR to be filed by employee on 1st Jan.of every
a) Odd year
b) Year
c) Dont know
d) None of the above
23.
The compulsory rate of contribution for the employees for CPF is of salary:
a. 9%
b. 10%
c. 11%d. 12%
24.
The employee cannot contribute more than the compulsory amount to their Provident
Fund Account:
(True / False)
25.
Nominee of the employee for Provident Fund must be a family member only:
(True/ False)
26.
a. 8%
b. 8.5%
c. 9%
d. 9.5%
27.
28.
29.
30.
As per the guidelines of Ministry of Finance and Company Affairs, ONGC ECPF can
invest in TDRs of Public Sector Banks of duration less than one year:
(True / False)
31.
As per guidelines of Ministry of Finance and Company Affairs, ONGC ECPF can
invest in equity shares of PSU of Central Government.
(True / False)
32.
33.
34.
35.
36.
37.
c. H2S
d. CO2
38.
39.
d. Low API
40.
The commercial value of crude oil is low for API of > 50. Why?
a. High gasoline
b. Low gasoline
c. Both of these
d. None of these.
41.
a. 5-10%
42.
b. 0-5%
c. >1%
d. <1%
43.
44.
d. More NSO
c. Biogas
45.
Which of the following country is the leader in Coalbed Methane Exploration and
Production:
a. United Kingdom b. United States of America
c. China
46.
47.
The total number of CBM Blocks presently held by ONGC, either jointly or in standalone capacity including nomination-blocks are:
a. Seven
b. Eight
c. Nine
48.
49.
50.
c. By other arrangements
51.
52.
53.
54.
81.
Raising of GRVs are not necessary for petty purchases of consumables up to:
a. Rs. 500
b. Rs.1500
c. Rs.2500 d. Rs.5000
55.
What are the mode of Artificial lift operation to lift the oil?
a. SRP only
b. Electrical submersible pump only
c. Gas lift only
d. All the above
5
55.
56.
In GGS (Group Gathering Station) oil and water is being separated in:
a. bath heater
b. Heater treater c. in both
57.
58.
Before Gas injection to well (in annulus) to lift oil through Gas lift valve:
a. It is compressed and then to be injected b. It is injected as such produced from
installation c. Either of the case may apply
59.
60.
Water produced from wells after separation in GGS/ Offshore installation is being
used for:
a. Water injection
b. Insitu combustion
c. in Gas injection
61.
62.
63.
64.
75.
b. SRP well
c. ESP wells
d. Rs. 25 lakhs
75.
76.
77.
c. Material lost
78.
79.
d. None of these
80.
On the actions of Tendering by PSUs, the judiciary applies which of the following
checks:
a. Bonafide (No malafide) b. Bias or favour
d. None of the above
81.
82.
83.
84.
Corporate Governance is the realization on the part of the Directors of the Company
that they are accountable and this must be made
a.
widely known to all the Board of Directors
b.
widely known to all the employees
c.
widely known to all the stake holders
d.
All of the above.
85.
86.
87.
a.
b.
c.
d.
e.
88.
89.
Name any Four Major Corporate scams in the recent past in India?
90.
92
93
94
Which are critical HR issues before the Company? (Write any Three).
Higher Attrition rate
Retention at E-4 level
Stagnation at middle level
Mismatch berween level and competencies
95
96
97
To attain organizational excellence by developing and inspiring the true potential of the
companys human capital and providing opportunities for growth well being and enrichment
98
99
What do you understand by the term HRM? (Write in One/ Two sentences).
Human Resource Management- Its a module of ICE which looks after true potential of
human capital for organizational excellence.
10
100.
11
101
102
103
104
105
106
107
108
109
110
12
c. TDR
d. CAG
e. FBT
119.What is the minimum IRR for acceptance of the projects:a. 8%
b.10%
c.12%
d.14%
120.Total Subsidy (discount) shared by ONGC for under recoveries by Oil Marketing
Companies during FY 2005-06 is Rs_________Cr.
121.Total Paid up capital of ONGC is Rs _____________Cr.
122.No. of Navratna Directors on ONGC Board____4______.
123.In new BDP2004, powers of expenditure sanction have been broadly vested with
a. designation of employee
b. position in CRC structure
124.While sanctioning expenditure, sanctioning authority has to ensure certain rules of
Properiety. Name them:-
126.As per SEBI guidelines for listed companies, ONGC is required to declare its
results :a.monthly
b.quarterly
c.half yearly
d.annual
127. Under package insurance policy of ONGC, Assets are insured at:a. Original Purchase value
b. Book value (Depreciated net block)
c. Replacement value
127. Under income tax act, depreciation benefit is allowed for reduction in taxable income
on:14
a. Purchase of Assets
b.On actual payment on purchase of Assets
c.On commissioning of Assets (Assets put to use)
d.On Assets kept in Stock (Capital items on stock)
128. Expenditure on Dry wells is allowed as deductible expenditure from business income
of ONGC on:a.On completion of target depth of drilling
b.On declaration of well as dry
c.On surrender of PEL (Production Exploration Licence)
d.On conversion of PEL to Mining Lease (ML)
129. Investment power delegated to C&MD and Director (Finance) is upto:a. Rs 1000 Cr
b. Rs 5000 Cr
c. Rs 10000 Cr
d. Rs 20000 Cr
130. Individual Banks exposure limit for investment of surplus funds by ONGC is :a. upto 2% of Net Worth of each Bank
b. upto 5% of Net Worth of each Bank
c. upto 10% of Net Worth of each Bank
d.upto 20% of Net Worth of each Bank
131.What is the Debt Equity ratio for ONGC:a.<0.10
b.0.20
c.0.50
d.1.00
132. Surplus funds of ONGC are invested in:a.Mutual Funds
b.In Shares of A category companies
c.Short term deposits with the Banks
d. All above.
133.Which of the following is not an economic indicator?
a)
b)
c)
d)
134.Sum of the present values of the annual net cash flow is the
a) NPV (Net Present Value)
b) NCF (Net Cash Flow)
c) Net Capital Expenditure
d) a) and c) both
15
Increases
Decreases
Remains same
Is unaffected
137.When NPV @ 12% discounting is US$ 100 MM, it means project earns
e)
f)
g)
h)
139. IRR is
a) The discount rate for which all discounted negative cash flows are more
than all discounted positive cash flows
b) The discount rate for which all discounted negative cash flows are less than
all discounted positive cash flows
c) The discount rate at which the NPV becomes zero
d) None of the above
140.A discounted cash flow is
a) A cash flow adjusted for the time value of money
b) A form of present value analysis
c) Both a) and b)
d) None of the above
141.Takes time into account
a)
b)
c)
d)
IRR
NPV
Pay Out Period
All of above
16
142. A typical net cash flow looks like following, the 2 nd phase of negative cash flow at
the end of project life is due to
a)
b)
c)
d)
Capital Expenditure
Operating Expenditure
Abandonment cost
All of the above
+ve
Net
Cash
Flow
Time
-ve
17