Read the information given below carefully and answer the given questions. For…

2024

Read the information given below carefully and answer the given questions.
For the recruitment process in an accounting organization, the following eligibility criteria are required for the candidates:
i) Graduation in Commerce with minimum 60% marks.
ii) At least 24 years and not more than 40 years of age as of 1-7-2016.
iii) Candidates should have at least 2 years of work experience after education.
iv) They should have secured 55% marks in the selection process.

However, if the candidate fulfills the above criteria, except:
(A) In case of (i), if the candidate is not a graduate in commerce but has a master's degree in finance with 60% marks, he/she should approach the Institute of Finance Management.
(B) In case of (iii), if the candidate fulfills the eligibility criteria of at least 2 years work experience after education, not only that he has secured 75% marks in the selection process, he/she may be referred for Trainee Accountant.

Based on the above information decide whether the following candidates are eligible in the selection process, and select the appropriate option. You do not have to think about anything other than the information given in the question. All the cases given to you are dated 1-7-2016.

Anurag Kumar has 6 years of work experience after education. His birthday is 05-4-1992. He has scored 62% marks in the selection process. He has done his graduation in commerce and has scored 76% marks.

  1. A.

    May be referred for Finance Manager

  2. B.

    Should be selected

  3. C.

    Should not be selected

  4. D.

    May be referred for Trainee Accountant

Attempted by 402 students.

Show answer & explanation

Correct answer: B

Checklist:

  • Graduation in Commerce: Candidate has B.Com with 76% — meets the minimum 60%.

  • Age as of 1-7-2016: Born 05-4-1992, age is 24 — meets the required range of 24 to 40 years.

  • Work experience: 6 years after education — meets the minimum requirement of 2 years.

  • Selection score: 62% — meets the minimum required 55%.

Exceptions checked: The Institute of Finance Management referral applies only if a candidate is not a commerce graduate but has a master's in finance — not applicable here because the candidate is a commerce graduate. The Trainee Accountant referral requires a selection score of 75% in addition to work experience; the candidate's score is 62%, so this referral does not apply.

Conclusion: The candidate meets all stated eligibility criteria and should be selected.

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