GIR 57 & 58 Batch Notes CA Monk
GIR 57 & 58 Batch Notes CA Monk
Batch Notes
CA MONK’S
Publisher’s Address: CA Monk, Near Sri Shivam Hotel Ring Road Lohiya ward, Gondia-
MH- 441614 (Mobile No: +91 9022720882)
Publisher’s Details: CA Monk, Near Sri Shivam Hotel Ring Road Lohiya ward, Gondia-
MH- 441614 (Mobile No: +91 9022720882; email id: [email protected])
First Edition
I would like to Thank My Mom, Dad, Umang Palan, Jinal Palan, CA Monk Team & Palan
family.
All rights reserved. No part of this book should be copied, reproduced, stored in a retrieval
system, or transmitted, in any form, or by any means, electronic, mechanical, recording, or
otherwise, without obtaining the prior permission in writing from the authors.
Every effort has been made to avoid errors or omissions in this publication. Despite this, errors
may creep in. Any mistake, error or discrepancy noted may be brought to our notice which
shall be taken care of in the next edition. It is notified that neither the publisher nor the author
or seller will be responsible for any damage or loss of action to anyone, of any kind, in any
manner, therefrom. It is suggested that to avoid any doubt; the reader should cross-check all
the facts, law, and contents of the publication with original Government publication or
notifications. No part of this book may be reproduced or copied in any form or by any means
[graphic, electronic or mechanical, including photocopying, recording, taping, or information
retrieval systems] or reproduced on any disc, tape, perforated media or other information
storage device, etc., without the written permission of the publishers. Breach of this condition
is liable for legal action.
1. How to sit
The way you are sitting across the camera is very important.
6. Follow Google Calendars. → Don’t forget to check whether it’s showing Indian Timing (IST) or
not.
8. Internet Connectivity
• Zoom
• Google meet
• Microsoft Teams
• Webx
Networking
"Network is supposed to be built when you don’t need it because the time you
need it you don’t have to network it."
The Golden rule you must remember while networking with a friend is "finding something
common."
1. Name, place, Animal, Thing: You can directly ask Person A where they are from and try to
find common ground. For example, if they are from a historical place, you can connect with A
with some historical events related to your area.
2. Food (any food you are interested in).
• Bengaluru: Masala Dosa, Bisi Bele Bath, Mysore Pak.
• Chennai: Idli and Dosa, Chettinad Chicken, Filter Coffee.
• Delhi: Butter Chicken, Chole Bhature, Parathas.
• Hyderabad: Biryani, Haleem, Hyderabadi Biryani.
• Jaipur: Dal Baati Churma, Laal Maas, Ghewar.
• Kolkata: Rosogolla, Kathi Rolls, Machher Jhol.
• Mumbai: Vada Pav, Pav Bhaji, Pani Puri.
3. Movies (if Person A is a fan of a certain franchise or genre).
Shoes
● It should be of black or dark brown colour and must be coordinated with the clothes worn.
● Should be in good condition and properly polished.
● Laces should be tied neatly at all times. Avoid shoes without laces.
● The colour of the socks should match the colour of the trousers.
Hair
● Hair should be neatly combed. Nicely trimmed, not extending below the ears.
● Avoid using colours unless and until it is essential.
Face
● The face should be clean-shaven and there should be no stubbles.
● If there are moustaches, they should be well-trimmed, above the lip level, and not drooping.
● Beards should be avoided except in cases of religious reasons.
Pastel Colours (a pastel colour is any colour that has just enough white mixed into it to look pale
and soft while maintaining its colourful personality)
Interview attire
● Women should wear a well-tailored business suit in conservative colours such as black, dark
blue, or dark grey with a fine print.
● Scarf and shoes must be well-coordinated with the business suit.
● Sarees must be well-ironed. If cotton, a little starch adds wonders. The falls must be well-
stitched on, with no bits hanging apart.
Long hair
● Should be left open only if they are of shoulder length.
● Avoid elaborate hairstyles, knots, or coils. Low loose knots tied at the nape of the neck.
● Avoid Oily hair.
Short hair
● Should be cut in an elegant contemporary style that is manageable and looks neat.
Face
● Eyebrows should be neat and well-shaped, and the skin should be well-cared for facial hair
should be bleached or removed regularly.
Makeup
● Should be light and must look neat.
Hands
● Should always be clean and well-manicured. ‘Mehndi’ designs should be avoided.
● Nails should be well shaped with a light to medium colour application of nail polish.
● Extremely long nails with very bright or dark shades of nail polish should be avoided.
● Nail polish should not be chipping off.
Shoes
Jewellery
● Light authentic jewellery, e.g., a thin gold chain, a light gold bangle, or small gold, pearl, or
diamond earrings adds to the style.
● Artificial or costume jewellery in oxidized silver or plastic should be strictly avoided at
work.
● Bangles should not jangle.
● Avoid anklets.
Resume Building:
Some qualities that every company looks for in the CV of a Finance candidate:
• Problem-Solving Skills
• Leadership Experience
• Impact Driven
• Diversity or Entrepreneurial Mindset
• Communication
• Technical Skills
• Good Academics Brand Names
DT Domain Keywords
TP Keywords
IDT Keywords
Other Domain/Area
Note: Whatever keywords we have discussed in the Class, please don't copy paste in the Resume; put
it only if you have knowledge of the same. Also, run your Resume in tools.camonk.com and get the
resume feedback.
Extra-curricular activities help to gauge a candidate's leadership, teamwork, initiative, and sector-
specific skills like financial acumen and analytical thinking. These activities hint at a candidate's
ability to balance responsibilities, communicate effectively, and adapt to new challenges—key traits
for success in finance.
Or
Can you help me enhance this resume for a (____) role? I'm looking for suggestions on improving
the structure, formatting, and content. Please advise on how to better highlight relevant skills,
experience, and achievements. Additionally, suggest any keywords or phrases that are important for
(____) positions, especially in (______).
Write the important points that you feel can be included in your resume & Feedback
Task Remarks
Is your Resume 1-pager?
Use a standard font (Arial/Calibri/Times New Roman/Cambria)
Use standard font-size: 10 - 12 pt (word)
Prepare the Resume based on Domain & Company wise.
Use of 5 sections: Personal Information, Education, Work experience, Extra-
curricular achievements and Additional skills
Arrange intra-section content in recency-wise, impact-wise descending order.
Email id should not be funky.
Customise LinkedIn profile link
Do not write objective & Family info.
Include a brief professional summary if applicable (optional but can be helpful).
Try to start work experience pointers with an action verb.
Quantify the impact of your work and achievements.
Avoid client names if possible, but give context.
Make Resume jargon-free
Highlight soft skills like communication, leadership, problem-solving etc.
Use highlights, italics and capitalization to uplift important parts of your
Resume.
Double-check points to showcase diversity / extra-curricular / leadership
activities in your profile.
0% plagiarism check (the act of copying another person's ideas, words or work
and pretending they are your own; something that has been copied in this way)
Optimize Resume for the job role (use tools.camonk.com to do this)
Take and incorporate feedback from at least 3 people.
Proofread the whole Resume at least 2 times, word by word.
Save the Resume in PDF format. Save the Resume with the appropriate name:
Name Surname - Resume - Company - Role.pdf.
Important Terms:
To: You need to enter the email id of the person to whom the mail is addressed.
Cc: keep the email id of other relevant persons to whom you're sending the mail in CC. Try to put
the reference person in CC.
BCC: You select BCC when you want to email someone, but you do not want others to know, i.e.,
a hidden person.
• A
• A
• A
• A
1. Cold email
2. Normal email for Job application
3. Email to thank the interviewer for their time
4. Email to thank the recruiter for scheduling the Interview
5. Email to follow up
6. Salary negotiation email
7. Email for delayed start
8. Email for not this job but a different role (like if you have been given XY role but you want AB role)
9. Email for not joining or rejecting
(Refer to GIR course reading material for reading different types of emails.)
A cold email is an email to an unknown person requesting something. Note that sending an email to
a known person won't be considered a cold email.
(The intention and purpose of sending an email is known to you, not to another person)
• A
• A
• A
• A
• A
• A
• A
• A
To:
CC:
Subject:
Body:
Note: Cold email will not have value until you write the follow-up email at least 2 times.
Follow-up Timeline for any email → Within 3 working days of writing the email.
→ After 7 working days of writing the first follow-up email.
Also, maintain the email trail.
Golden Rule: The reply rate of anything will be 10X times faster if you can
attach the reference of right person known to the other party.
Cold Email (For Reference)
Dear Sir/Ma'am,
I am Shivam Palan, a May 24 qualified Chartered Accountant (First attempt) and a CFA Level 3
candidate. I want to start my career in the finance domain and would love the opportunity to start
at Edelweiss Mutual Funds.
I have a strong academic history with 90+ percent in the 10th and 12th Boards. My interest in finance
led me to pursue CA and CFA simultaneously and I cleared all papers in 1st attempt with 90+%ile in
CFA levels 1 & 2. During my articleship period, I performed valuations of various firms and
private companies and handled major tax litigation and consultancy cases. I also volunteered for the
NGO Knowledge Capsule where we analyzed the financial implications of various global events.
I sincerely believe my strong academic background coupled with my background in finance makes
me a suitable candidate for Edelweiss Mutual Funds.
Sincerely,
Shivam Palan
Mail: [email protected] Mobile:+91 90070XXXX
Remember, you need to become shameless to ask for help because people will not come to you to
help you; you need to go to them.
Cover Letter
A cover letter is a brief document that accompanies a resume or job application. It introduces the
applicant and highlights their qualifications and interest in the position. It provides additional
information not included in the Resume and helps the applicant stand out to potential employers.
• It should also focus more on your story and why you fit the role well.
• The cover letter should be much shorter (maximum three paragraphs) since it's most likely an
equivalent of an email.
I am excited to apply for the [Position Name] at [Company Name]. With a strong background in
finance and taxation, I am confident in my ability to contribute effectively to your team.
During my articleship, I performed valuations of private companies, handled tax litigation cases
exceeding 100 crore, provided strategic tax advisory services, and managed ROC and regulatory
compliance. My experience has equipped me with the skills to navigate complex financial and
regulatory landscapes.
I have also conducted a detailed financial analysis of FMCG giants ITC and HUL and completed
courses in Valuation by Prof. Aswath Damodaran and Financial Modelling by CA Monk. My
internship at NGO Knowledge Capsules involved analyzing the financial impacts of major global
events, further enhancing my analytical capabilities.
Thank you for considering my application. I look forward to the opportunity to discuss how I can
contribute to the success of [Company Name].
Sincerely,
[Your Name]
Naukri
Keywords for Naukri
Domain:
Domain:
Domain:
Domain:
Domain:
Note: The keywords which you have mentioned at Naukri can be different which you have used in
resume. In Naukri you need to put the keywords which are SEO based and which are given in class.
Checklist of Naukri
Particulars Check
1. Ensure that your profile is 100% completed.
2. Proper key words for the domain you wanted to get into there.
3. Keep updating your profile at least once a week.
4. Login & Logout every day.
5. Go to companies section & Keep on applying for jobs there.
6. Also approach the HR of same company on Linked & try to apply
using Reference.
7. Keep checking following things:
-Jobs & Messages from recruiters
-Who viewed your profile
-Profile Visible to all recruiters
-Check promotional mails
1. Jobs.camonk.com
2. Indeed
3. IIM Jobs
4. Wellfound.com
5. Shine
6. TimeJobs
7. Indeed
8. Internshala
9. Freashersworld
10. Glassdoor
11. Upwork
12. Jobaaj
13. Apna
14. Fast Careers
15. Phenom Placements.
LinkedIn
A. Profile Photo
Things one needs to check:
Particulars Check
Smile
Composition
Brightness
Contrast
Sharpness
Colour
Size and Formatting (400 X 400)
Professionalism
B. Headline:
It should spell out what you do, and it needs to captivate them.
Whenever you write the headline, think about what people will gain from working with you that
they don’t get with others.
Try to include some numbers.
Best Headlines for Chartered Accountants or CA Students (IMP):
• a
• a
• a
• a
• a
• a
C. Header Image
Use this for a Call to Action or virtual representation of your professional work. (Try to showcase
both things)
The trick to pick the right photo:
• Photo of you speaking in front of people.
• Group photo
• Show some achievements or photos with some power you have.
• Or a Simple motivational quote.
D. About Section
• Best way to show your Call to Action.
• Say something that will make the other person ready to covert.
• Place the content information in a short sentence so it blends well with the rest of the text.
E. Feature
• Add one viral post you have.
• Write one article which you have published.
• Add some good posts.
Linkedin Post
Length
Hash Tag
Tag
Photo
Numbers
Frequency
Timing
Hacks of Linkedin:
1. Profile Search (Boolean search):
3. Celebrations:
a. Job Changes
b. Birthday
c. Work Anniversaries
4. Job Sections
P6. Are you going to Sit for the ICAI Campus Placement?
Answer:
Let’s listen to Pre-screening call-in class and note down the mistakes made by the
candidate.
Feedback for Pre-Screening Big 4 Stat Audit:
Only writing of this answer won’t help you until you practice this in GIR!
So, join the live batch and practice it in class!
HR Question:
H1. What's your parent's Occupation? (Most companies)
Hint:
Answer:
Answer:
Answer:
H4. Do you get bored doing the same work over and over again? (PwC SDC)
Answer:
H5. Do you prefer to work in a team or alone? (BIG 4/Management Trainee Roles)
Hint:
Answer:
H14. What are the key takeaways from your articleship experience?
Answer:
Only writing of answers won’t help you until you practice this in GIR!
So, Join the live batch and practice it in class!
The only limit to your success is the extent of your determination.
CA Monk GIR Batch Notes || By CA Shivam Palan 38
Pre-Screening, HR & Logical Questions || CA Monk
3. Achieved Goal:
5. Taking Initiative:
7. Handled Conflict:
8. Faced Failure:
9. Led a Project:
C2. A retail business is facing inventory management challenges, leading to excess stock and
cash flow issues. Identify potential solutions to optimize working capital and improve
profitability. (Voltas)
Answer:
C3. A technology startup is experiencing declining revenue growth and increasing operating
expenses. Analyse the financial performance trends and propose actions to enhance
profitability. (Udaan)
Answer:
C4. Two companies in the pharmaceutical industry are considering a merger. Evaluate the
financial and strategic benefits of the merger and discuss potential integration challenges.
(GSK)
Answer:
C5. A company is considering raising capital for expansion. What all things company need to
consider before raising capital. (Investment Banking company)
Answer:
C6. If you were presented with two investment opportunities with identical returns, how would
you determine which is more favourable? (ITC Ltd)
Answer:
Only writing of this answer won’t help you until you practice this in GIR!
So, join the live batch and practice it in class!
Your potential knows no bounds. Dare to unleash it
CA Monk GIR Batch Notes || By CA Shivam Palan 43
Group Discussion (GD) & Extempore || CA Monk
Group Discussion
What this
Topic is all
about?
How to face it
in GD?
• A
• A
• A
• A
• A
• Aa
• A
• A
Topic
W
Think on these lines (Identify which one of these 5W1H needs to be answered for the Topic)
What? Who? Where? When? Why? How?
Conclusion
GD Topic (V.IMP):
(Listen Carefully)
Think on these lines (Identify which one of these 5W1H needs to be answered for the Topic)
What? Who? Where? When? Why? How?
Conclusion
Think on these lines (Identify which one of these 5W1H needs to be answered for the Topic)
What? Who? Where? When? Why? How?
Conclusion
GD Topic (V.IMP):
(Listen Carefully)
Think on these lines (Identify which one of these 5W1H needs to be answered for the Topic)
What? Who? Where? When? Why? How?
Conclusion
Think on these lines (Identify which one of these 5W1H needs to be answered for the Topic)
What? Who? Where? When? Why? How?
Conclusion
GD Topic (V.IMP):
(Listen Carefully)
Think on these lines (Identify which one of these 5W1H needs to be answered for the Topic)
What? Who? Where? When? Why? How?
Conclusion
Extempore
Points to be kept in mind when you are doing extempore.
• A
• A
• A
• A
• A
• Aa
• A
• A
• A
• A
• A
List of Topics:
• Case Study 1: Should Retail investors invest their money in companies like Adani?
• Case Study 2: Imagine you are the CFO of a company, and the company has decided to go for
liquidation; prepare a small 1 min speech to convince employees to leave the company.
• Case Study 3: You are an auditor of a company; while doing an audit, you found some mistakes,
and you highlighted these mistakes to the client; being an auditor, it was your responsibility to
talk in a board meeting; however, the client was not happy that you would highlight this mistake
in meeting because it will increase his work. The client came to you and asked you not to
highlight this mistake in the board meeting. As an auditor, prepare a speech for 1 min, which
will be delivered in the board meeting highlighting the client’s mistake but should be highlighted
so that the client doesn’t get offended.
• Case Study 4: You are heading a finance controller function of the company, where you have
close the books of accounts on the 7th of every month and present the same at the board meeting
on the 10th. Also, you have a board meeting with your foreign subsidiary on the 15th of every
month. What things and points should you consider when planning for the month closing
activity?
Hint: Division of work, time is the bottleneck here, subsequent events.
• Case Study 5: Explore the importance of designing AI systems with a focus on human needs,
values, and user experience, and discuss the role of human-computer interaction in AI
development.
Salary Negotiation:
"Your value doesn't decrease based on someone's inability to see your worth.
Negotiate your worth with confidence."
What all things can be negotiated:
Location (Relocation)
Bonus
Variable Pay
Fixed Pay
Joining Bonus
Leaves
-PL
-SL
-CL
Probation Period
Notice Period
WFH
ESOPs
Health Insurance
Role
Joining Date
Only writing of answers won’t help you until you practice this in GIR!
So, Join the live batch and practice it in class!
Type 2: If you don’t have any other offer letter with you.
Test yourself first by giving the Mixed MCQ Test and rate yourself:
Logical English + Aptitude Psychometric General Total Rank
Reasoning Verbal Tests & Knowledge Score out
Ability Behavioural (GK) of 60
Test
Test 1:
Test 2:
Note: If your score is below 7 in any of the sections, you must take the detailed test to understand
your mistake and improve.
1. Syllogism
A syllogism is a form of reasoning where a conclusion is drawn from two given or assumed
propositions (premises), each of which shares a common or middle term not present in the
conclusion.
Example: Consider the following statements:
1. All cats are animals.
2. Some animals are tigers.
Which of the following conclusions follows?
A) Some tigers are cats.
B) No tiger is a cat.
C) Some animals are cats.
D) None of the above.
Correct Answer: C (Since all cats are animals, it follows that some animals are indeed cats.)
Hint for Solving Syllogism Questions:
To solve syllogism questions, identify the structure of the argument by labeling the major, minor,
and middle terms. Use Venn diagrams to visually represent the premises and draw the logical
conclusion. Be wary of common fallacies and ensure the conclusion follows directly from the
given information without assuming any outside knowledge.
2. Logical Sequences
Logical sequences involve identifying the pattern or rule that governs a sequence of items. This
could be a sequence of numbers, letters, or symbols.
Example:
What comes next in the sequence: 2, 4, 8, 16, ...?
Explanation: Each number is multiplied by 2 to get the next number. So the next number in the
sequence would be 16 * 2 = 32.
MCQ:
Choose the next term in the sequence: A, C, E, G, ...?
A) H
B) I
C) J
D) K
Correct Answer: D (Each letter skips one in the alphabetical order.)
Techniques:
To solve logical sequences, consider various patterns such as numerical patterns, alphabetical
order, patterns in shapes or designs, and sound patterns. Breaking the sequence into parts and
looking for repetition can help identify the rule.
3. Analogies
Analogies test your ability to see a relationship between two things and to find a similar
relationship between two other things.
Example:
Book is to Reading as Fork is to: ...
Explanation: A book is an object used for reading. Similarly, a fork is an object used for eating.
MCQ:
Tree is to Leaf as Book is to:
A) Library
B) Reading
C) Page
D) Cover
Correct Answer: C (A leaf is part of a tree; a page is part of a book.)
Techniques:
To effectively solve analogies, determine the relationship between the first pair of words. It
could be functional (what it does), descriptive (adjectives that could describe it), part-to-whole
(like finger is to hand), or cause-and-effect (like rain to flooding).
4. Classification Tests
Classification tests ask you to group items based on a certain rule or set of rules.
Example:
Which of the following does not belong to the group: Sparrow, Pigeon, Eagle, Rose?
Explanation: Sparrow, Pigeon, and Eagle are all birds, while Rose is a flower.
MCQ:
Which of these is not like the others?
A) Triangle
B) Square
C) Pentagon
D) Circle
Correct Answer: D (All the others are polygons; a circle is not.)
Techniques:
For classification, look for the most common characteristic among the options. Consider their
shapes, sizes, colors, or any other property that can set one apart from the others.
5. Deductive Reasoning
Deductive reasoning works from the more general to the more specific. Sometimes this is
informally called a 'top-down' approach.
Example:
All men are mortal.
Socrates is a man.
Therefore, Socrates is mortal.
MCQ:
If all roses are flowers and some flowers fade quickly, then which of the following must be true?
A) All roses fade quickly.
B) Some roses fade quickly.
C) No roses fade quickly.
D) Some roses are not flowers.
Correct Answer: B (Some roses, being flowers, fade quickly.)
Hint:
Ensure that the conclusion follows necessarily from the premises. The conclusion must be true if
the premises are true.
MCQ:
If East becomes North, North becomes West, West becomes South, and South becomes East,
what will come if a person walks in the South direction?
A) East
B) West
C) North
D) South
Correct Answer: A (The new direction will be East as per the given changes.)
Hint:
Visualize the movements on paper if necessary, using directional indicators. Pay close attention
to left and right turns.
7. Blood Relations
Blood relation questions require you to unravel relationships based on the information provided.
MCQ:
A man is looking at a portrait. Someone asks him, 'Who is in the portrait?' He replies, 'Brothers
and sisters, I have none, but that man’s father is my father’s son.' Who is in the portrait?
A) His son
B) His father
C) His nephew
D) Himself
Correct Answer: A (The man in the portrait is his son.)
Hint:
Draw a family tree to visualize relationships and use terms like 'maternal' and 'paternal' to
distinguish between the mother’s and father’s sides.
8. Seating Arrangements
Seating arrangement problems involve arranging people or objects in a specific order or pattern
based on certain rules.
MCQ:
If A is sitting next to B and not next to C, and D is sitting next to E but not next to A, who is
sitting in the center?
A) A
B) B
C) C
D) D
Correct Answer: B (B is the only one who can be in the center based on the given conditions.)
Hint:
Use diagrams to represent the positions, and symbols or initials to represent the people or
objects. Apply the conditions one by one to narrow down the possibilities.
9. Coding-Decoding
Coding-decoding questions involve deciphering a code or creating a code based on given rules.
MCQ:
If in a certain language, 'MIND' is coded as 'PLOK', then how is 'HEART' coded in that
language?
A) KHDUW
B) KHDVT
C) KIBSW
D) KIBVU
Correct Answer: A (Each letter in 'MIND' is replaced by the letter three places down the
alphabet.)
Hint:
Look for patterns in the substitution of letters or numbers. It could be a simple shift in the
alphabet, a mathematical relationship, or a pattern-based code.
MCQ:
If '+' is '×', '×' is '-', '-' is '÷', and '÷' is '+', then what is the value of 8 + 2 × 6 - 3 ÷ 6?
A) 13
B) 14
C) 15
D) 16
Correct Answer: D (The calculation should be done according to the changed operations: 8 × 2 -
6 ÷ 3 + 6.)
Hint:
Substitute the given mathematical operations with the actual operations they represent and then
calculate.
MCQ:
What is the value of integer z? (1) z is an even number. (2) z is greater than 2.
A) Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B) Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C) BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D) EACH statement ALONE is sufficient.
Correct Answer: C (Both statements together are necessary to conclude that z = 4.)
Hint:
Analyze each statement independently first, then together. Don't solve the problem entirely if not
needed.
Example:
If the graph shows a 50% increase in sales from January to February, what is the total sales
amount for February?
MCQ:
A bar chart shows that the sales of a company doubled from March to April and then remained
constant up to July. If the sales in March were $100,000, what were the sales in June?
A) $100,000
B) $200,000
C) $300,000
D) $400,000
Correct Answer: B (Sales in June would be the same as in April and May, which is $200,000.)
Hint:
Focus on understanding what the data represents and the scale used. Calculate only what is
necessary to answer the question.
17. Puzzles
Explanation: Involves solving various logical puzzles.
Example: A riddle or a sequence that needs decoding.
MCQ: If two is a company and three is a crowd, what is four and five?
A) 9
B) 20
C) A party
D) None of the above
Correct Answer: A (Four and five add up to nine.)
Techniques: Approach puzzles with an open mind and consider various angles or perspectives.
• Explanation: The verb agrees with the closer subject in 'either...or' structures.
Here, 'manager' is nearer, but the verb must agree in number with 'employees,' thus
'are'.
• Preparation Tips: Study grammar rules, write and correct sentences, and engage in
grammar exercises.
• Reading Notes: Focus on grammar textbooks covering verb tenses, sentence construction,
and common grammatical errors.
2. Vocabulary
• Key Focus: Building a strong vocabulary, including understanding synonyms, antonyms,
idioms, and phrasal verbs.
• How to Solve: Use context to deduce meanings and carefully choose words with
appropriate meanings.
• Sample Question: Identify an antonym for “augment”.
• Options: (a) diminish (b) increase (c) stabilize
• Correct Answer: (a) diminish
• Explanation: 'Augment' means to increase; hence, its antonym is 'diminish,' which
means to decrease.
• Preparation Tips: Read widely, use flashcards for new words, and practice with
vocabulary apps.
• Reading Notes: Concentrate on diverse reading materials that include a variety of
vocabulary.
3. Reading Comprehension
• Key Focus: Interpreting texts, understanding main ideas, and author’s tone.
• How to Solve: Read attentively, make notes, and answer based on text information.
• Sample Question: What can be inferred about the author’s viewpoint?
• Options: Varies based on the given passage.
• Correct Answer: Varies based on the passage.
• Explanation: Answer depends on the passage's content and tone; inference should
be based on textual evidence.
• Preparation Tips: Regularly read and analyze various texts, practice past comprehension
tests.
• Reading Notes: Emphasize understanding different types of writing and their
characteristics.
4. Error Identification
• Key Focus: Recognizing grammatical, punctuation, and usage errors.
• How to Solve: Check each sentence for common grammatical and punctuation errors.
• Sample Question: Spot the error: "He prefers apples than oranges."
• Options: (a) prefers (b) apples (c) than
• Correct Answer: (c) than
• Explanation: 'Prefer' is correctly followed by 'to,' not 'than'. The correct phrase is
'prefers apples to oranges.'
• Preparation Tips: Practice with error identification exercises and study well-edited texts.
• Reading Notes: Study grammar books focusing on common errors and punctuation rules.
5. Sentence Completion
• Key Focus: Completing sentences in a contextually and grammatically correct manner.
• How to Solve: Understand the overall sentence meaning and choose the best fitting option.
• Sample Question: "The unprecedented nature of the crisis means that many solutions will
be ___."
• Options: (a) orthodox (b) experimental (c) redundant
• Correct Answer: (b) experimental
• Explanation: 'Unprecedented' implies the need for new approaches, making
'experimental' the most fitting choice.
• Preparation Tips: Engage in sentence completion exercises and read materials with
complex structures.
• Reading Notes: Focus on texts that help in understanding sentence construction and
logical flow.
6. Sentence Rearrangement
• Key Focus: Reordering jumbled sentences to form a coherent paragraph.
• How to Solve: Identify the logical flow of ideas. Look for clues in each sentence, like
pronouns and time references, to determine the sequence.
• Sample Question: Rearrange the following sentences to form a coherent paragraph:
1. Finally, he reached his destination, tired but happy.
2. He set out early in the morning for a long hike.
3. The path was challenging, with steep climbs and narrow turns.
• Options: (a) 2-3-1 (b) 3-2-1 (c) 1-2-3
• Correct Answer: (a) 2-3-1
• Explanation: Sentence 2 introduces the start of the activity, sentence 3 describes
the journey, and sentence 1 concludes the event.
7. Cloze Test
• Key Focus: Filling in blanks with appropriate words based on the context of the passage.
• How to Solve: Understand the overall theme of the passage and use contextual clues to
select the most appropriate words.
• Sample Question: "The artist ___ a new painting style that ___ popularity among modern
art lovers."
• Options: (a) created, gained (b) lost, found (c) made, lacked
• Correct Answer: (a) created, gained
• Explanation: 'Created' and 'gained' fit contextually, indicating the artist developed
a style that became popular.
Aptitude Tests
1. Numerical Reasoning
• Concept: Testing mathematical and quantitative reasoning abilities.
• Example MCQ: What is the average of the first five prime numbers?
• A) 5.2 B) 5.4 C) 5.6 D) 5.8
• Correct Answer: A) 5.2
• Explanation: The first five prime numbers are 2, 3, 5, 7, and 11. Their sum is 28, and the
average is 285=5.2528=5.2.
• Pro Tip: Practice basic arithmetic, percentages, ratios, and data interpretation regularly.
2. Verbal Reasoning
• Concept: Assessing the ability to understand and process written information.
• Example MCQ: Choose the word that best completes the sentence: "The argument
appeared _______; however, it was actually based on factual evidence."
• A) subjective B) objective C) irrelevant D) misleading
• Correct Answer: A) subjective
• Explanation: The word 'subjective' fits the sentence correctly, implying that the argument
seemed based on personal feelings, but was in fact based on facts.
• Pro Tip: Read a variety of texts and practice different types of verbal reasoning questions.
3. Logical Reasoning
• Concept: Testing the ability to think logically and solve complex problems.
• Example MCQ: If all Zogs are Zigs, and some Zigs are Zags, which statement must be
true?
• A) All Zogs are Zags B) Some Zags are not Zogs C) Some Zogs are Zags D) No
Zog is a Zag
• Correct Answer: C) Some Zogs are Zags
• Explanation: Since all Zogs are Zigs and some Zigs are Zags, it logically follows that
some Zogs must also be Zags.
• Pro Tip: Practice with different types of logical puzzles and syllogisms to improve
deductive reasoning skills.
4. Spatial Reasoning
• Concept: Assessing the ability to understand spatial relationships and manipulate objects
mentally.
• Example MCQ: Which 3D shape results from rotating a rectangle around one of its longer
sides?
• A) Sphere B) Cylinder C) Cone D) Cube
• Correct Answer: B) Cylinder
• Explanation: Rotating a rectangle around its longer side forms a cylinder.
• Pro Tip: Practice visualizing 3D objects and transformations. Use diagrams and physical
models if necessary.
5. Abstract Reasoning
• Concept: Evaluating the capacity for abstract thinking and pattern recognition.
• Example MCQ: What comes next in the sequence: triangle, square, pentagon, ...?
• A) Hexagon B) Circle C) Octagon D) Rectangle
• Correct Answer: A) Hexagon
• Explanation: The pattern is based on increasing the number of sides by one each time.
• Pro Tip: Focus on identifying patterns, sequences, and relationships in abstract shapes or
symbols.
6. Data Interpretation
• Concept: Assessing the ability to interpret and draw conclusions from data.
• Example MCQ: If the sales of a company increased by 10% in the first quarter and by
20% in the second quarter, what was the total percentage increase over the two quarters?
• A) 30% B) 32% C) 28% D) 35%
• Correct Answer: B) 32%
• Explanation: A 10% followed by a 20% increase does not simply add up to 30% but
compounds. It's calculated as 1.1×1.2=1.321.1×1.2=1.32, or a 32% increase.
• Pro Tip: Regularly practice with graphs, charts, and tables. Understand how to calculate
percentages and changes in values.
7. Mechanical Reasoning
• Concept: Evaluating understanding of mechanical concepts, especially for technical roles.
• Example MCQ: What is the purpose of a gear in machinery?
• A) To reduce friction B) To transfer force C) To measure distance D) To store
energy
• Correct Answer: B) To transfer force
• Explanation: Gears are used to transfer force from one part of a machine to another.
• Pro Tip: Familiarize yourself with basic principles of mechanics and physics. Practical
understanding of machinery can be beneficial.
8. Critical Thinking
• Example MCQ: All roses are flowers. Some flowers fade quickly. Which conclusion
follows?
• A) All roses fade quickly B) Some roses fade quickly C) No roses fade quickly D)
Cannot be determined from the information given
• Correct Answer: D) Cannot be determined from the information given
• Explanation: While it's established that all roses are flowers, the information about fading
quickly applies only to 'some' flowers. This doesn't necessarily include roses.
• Pro Tip: Focus on logical consistency and the validity of arguments. Avoid assuming
information that's not provided.
9. Situational Judgment
• Concept: Evaluating problem-solving and decision-making skills in professional
scenarios.
• Example MCQ: You disagree with a decision made by your team leader that you believe
could impact the project negatively. What do you do?
A) Accept the decision without question B) Discuss your concerns with the team leader C)
Complain to the team leader's supervisor D) Ignore the decision and proceed as you think
best
• Correct Answer: B) Discuss your concerns with the team leader
• Explanation: This option shows initiative to address the issue while respecting the team
leader’s authority.
• Pro Tip: Consider the most professional and effective response in a workplace scenario,
reflecting good judgment and communication skills.
Psychometric Tests
Psychometric tests are designed to measure an individual's mental capabilities and behavioural
style. These tests are scientifically validated for assessing abilities, personality traits, and job
suitability.
1. Aptitude Tests
• Purpose: Assess cognitive abilities like logical reasoning, numerical skills, and verbal
comprehension.
• Sample MCQ:
• Question: What comes next in the sequence: 2, 4, 8, 16, ...?
• Options: A) 24 B) 32 C) 30 D) 28
• Explanation: This sequence doubles each number. The next number after 16 (16 × 2) is
32.
• Pro Tip: Identify patterns and apply logical rules.
2. Personality Assessments
• Purpose: Evaluate characteristics like introversion/extroversion and agreeableness.
• Sample MCQ:
• Question: I feel stressed in unfamiliar social situations.
• Options: A) Strongly agree B) Agree C) Neutral D) Disagree E) Strongly disagree
• Explanation: Measures comfort in social settings; answers reflect individual personality
traits.
• Pro Tip: Answer honestly to ensure accurate personality assessment.
Behavioural Tests
Behavioral tests focus on assessing an individual's behaviour in various scenarios, particularly in
a workplace context. These tests are often used to predict how an individual will behave in certain
situations.
1. Self-Report Questionnaires
• Purpose: Reflect on past behaviour and experiences.
• Sample MCQ:
• Question: How do you prioritize tasks when faced with multiple deadlines?
• Options: A) Tackle the easiest tasks first B) Prioritize based on deadline C) Work
on tasks in the order received D) Seek help to manage workload
• Explanation: Assesses time management and prioritization skills.
• Pro Tip: Look for answers indicating effective and efficient strategies.
2. Scenario-Based Questions
• Purpose: Focus on past behaviour in specific situations.
• Sample MCQ:
• Question: How have you handled a disagreement with a team member in the past?
• Options: A) Avoided the conflict B) Discussed the issue openly and sought a
compromise C) Reported the issue to a supervisor D) Waited for the problem to
resolve itself
• Explanation: Evaluates conflict resolution and communication skills.
• Pro Tip: Seek answers demonstrating constructive and proactive approaches.
3. Personality Inventories
• Purpose: Measure personality traits for cultural fit within an organization.
• Sample MCQ:
• Question: Do you prefer to plan your work in advance?
• Options: A) Always B) Usually C) Sometimes D) Rarely E) Never
• Explanation: Assesses planning and organizational tendencies.
• Pro Tip: Encourage honest reflection on personal work styles.
1. Current Affairs
• Explanation: Focuses on recent events, global and national leaders, international
organizations.
• Sample Question: "Which country currently holds the presidency of the G20 group?"
• A) Italy
• B) India
• C) Indonesia
• D) Germany
• Correct Answer: B) India
• Pro Tip: Stay updated with current international news and regularly check updates from
credible news sources or official websites of international organizations.
4. Economics
• Explanation: Focuses on fundamental economic concepts and terms.
• Sample Question: "What does GDP stand for in economics?"
• A) Gross Domestic Product
• B) General Demand and Purchasing
• C) Government Debt and Policies
• D) Gross Domestic Purchasing
• Correct Answer: A) Gross Domestic Product.
• Pro Tip: Keeping up with economic terminology and concepts is crucial. Regular reading
of economic journals and business news is recommended.
5. Sports
• Explanation: Tests knowledge of major sports events and achievements.
• Sample Question: "Which country hosted the 2020 Summer Olympics?"
• A) Japan
• B) Brazil
• C) China
• D) Russia
• Correct Answer: A) Japan.
• Pro Tip: Follow sports news and updates, especially for major international events like the
Olympics or World Cup.
7. Economic Indicators
• Explanation: Assesses understanding of economic indicators.
• Sample Question: "What does a high Consumer Price Index (CPI) indicate about an
economy?"
• A) Deflation
• B) Inflation
• C) Economic Growth
• D) Recession
• Correct Answer: B) Inflation.
• Pro Tip: Familiarize yourself with basic economic indicators and their implications on the
economy. Reading economic reports and analyses can be very helpful.
Pro Tip: Keep updated on recent economic reforms and policies. Understanding their objectives
and impacts requires reading government releases, economic journals, and expert analyses.
1 Statutory Audit
2 Financial Due
Diligence
(FDD)
3 Internal &
Forensic Audit
4 Investment
Banking
5 FP&A/
Business
Finance
6 Finance
7 DT/
International
Tax/TP/
M&A (TAX)
8 IDT
(GST, Customs,
FTP)
9 Management
consulting
10 TRAS/ IT
Audit
(Technology
Risk Assurance
Services)
11 Banking
12 Software Side
(SAP, Oracle,
Dynamics 365)
13 FAAS/CFO
Advisory/ Ind
AS/ CMMAS
14 Fund
Accounting/
Accounting
Roles
15 Off Beat
Tracks
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 79
Domain Wise Guidance || CA Monk
Name
Working Style
Working
Timings
Global Opp.
Attempt
Package
Exit Option
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 80
Domain Wise Guidance || CA Monk
Domain-wise Guidance Session
Statutory Audit Domain (D1):
Mentors Name
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 81
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 82
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 83
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 84
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 85
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 86
Domain Wise Guidance || CA Monk
Internal Audit & Forensics Domain (D3)
Mentors Name
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 87
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 88
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 89
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 90
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 91
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 92
Domain Wise Guidance || CA Monk
FP&A/Business Finance Domain (D5)
Mentors Name
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 93
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 94
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 95
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 96
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 97
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 98
Domain Wise Guidance || CA Monk
Direct Tax Domain (D7)
Mentors Name
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 99
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 100
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 101
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 102
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 103
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 104
Domain Wise Guidance || CA Monk
Management Consulting Domain (D9)
Mentors Name
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 105
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 106
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 107
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 108
Domain Wise Guidance || CA Monk
Banking Domain (D11)
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 109
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 110
Domain Wise Guidance || CA Monk
Software Domain (D12)
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 111
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 112
Domain Wise Guidance || CA Monk
CFO Advisory/Ind AS Accounting/ CMAAS Domain (D13)
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 113
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 114
Domain Wise Guidance || CA Monk
Off Beat Track (D15)
Do you have an interest in this
Domain (Also, Mention the
Reason and why)
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 115
Domain Wise Guidance || CA Monk
Elective Session
Mentor Name
Skill Needed to get into
this Domain.
What do you think is
missing in Your Resume
that you have to add to
get into this Domain?
Important Interview
Questions
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 116
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 117
Domain Wise Guidance || CA Monk
Your dreams are within reach if you have the courage to chase them.
CA Monk GIR Batch Notes || By CA Shivam Palan 118
Domain Wise Guidance || CA Monk
The only limit to your success is the extent of your imagination and willingness to work for it.
CA Monk GIR Batch Notes || By CA Shivam Palan 119
Complete Guide for Interview Preparation || CA Monk
Space for Class Notes: