Requin Solutions Pvt Ltd

Address: 2/670, Sector 2, Malviya Nagar, Jaipur, Rajasthan 302017

Candidate Details
Name: Amit Kumar Singh
Age: 19
Gender: Male
Address: Plot no. 50, Sita Vihar Colony, Dadi ka phatak
Email ID: amitsinghsay@gmail.com
Contact Number: 9602094213

 I agree that this test is given by me and I will not share this test paper with any third person.

1
 QAT

Question 1
What is the role of an HR in the organization? Why it is important to have an HR in the
organization? (Word count- 200 words)

Answer 1:

Here, HR is responsible for assigning and recruiting the workforce for the company,
Without a proper functioning of HR a company can’t achieve the efficiency in work.
The human resources department has a clear understanding about the available
vacancies within an organization and it takes necessary measures in order to fill up
those vacancies. Recruiting new employees is a lengthy process but a necessary
process they assign roles of the person based on their skills and talent.
HR also manages employee relations issues and aims to resolve them with minimal
risk to the company; HR also addresses employee satisfaction by helping managers
become more effective leaders. HR connects managers with coaching, training, and
valuable feedback that equips them to lead their teams and support their people.
HR helps connect the dots between individual and team responsibilities and those of
the rest of the organization. This is not done simply by creating a static org chart that
shows reporting relationships. Rather, HR helps team assign by ensuring hires are
matched with the right roles, and that each team is aligned with the company’s
overall mission and values. Examples of how HR supports alignment include:
new hires are optimally aligned with open positions during the recruiting process,
Designing effective performance management programs that align team goals with
company goals.

2
 Question 3
Take any company of your choice and provide the ratio analysis of 2020 report.

Answer 2:

Table 1: Financial Date (Johnson & Johnson company)

Item/Year 2020
Current Assets 45,274,000
Current Liabilities 35,964,000
Inventories 9,020,000
Cash 19,287,000
Receivables 14,481,000
Total Assets 157,728,000
Total Liabilities 98,257,000
Total Equity 59,471,000
Sales 82,059,000
Cost of Goods Sold 27,556,000
EBIT 20,970,000
Interest 318,000
Net Income 15,199,000

Liquidity Ratio

a.) Current Ratio= Current asset

Current liability

=45,274,000
35,964,000

000 25,354,000 21,685,000

=1.26

b.) Quick Ratio = Quick Assets (quick assets= current assests-inventories-prepaid exp.)
Current Liability
3
Question 4

= 45,274,000-9,020,000 =1.00
35,964,000

EBIT 20,970,000 21,175,000

19,122,000 21,165,000
Interest 318,000 1,005,000
934,000 726,000
Net Income 15,199,000
15,297,000 1,300,000
16,540,000
All Numbers in millions, Source:
Yaho

4
Question 5
What is CBDC (Central Bank Digital Currency)? (Word count- 100)

Answer 3:

CBDC (Central Bank Digital Currency) is a type of Digital Currency

issued by Central Bank instead of commercial bank. They are responsible
for valuing fiat currency of the country and it is not a cryptocurrency as
because CBDC is controlled only by Central Bank.
The main goal of CBDCs is to provide businesses and consumers with
privacy, transferability, convenience, accessibility, and financial
security. CBDCs could also decrease the maintenance a complex
financial system requires, reduce cross-border transaction costs, and
provide those who currently use alternative money transfer methods with
lower-cost options.
A CBDC also provides a country's central bank with the means to
implement monetary policies to provide stability, control growth, and
influence inflation.