Non-econ folks don't worry, they will not ask you these.
Sch : 3pm
Started at 4:20(yes, 420)
Nervous? More excited than nervous.
Two males.
P1
P2.
Extempore: should Indian railways be privatized 100%
I batted for yes, they took turns in punching holes but always cool. I countered and stuck with my argument.
They asked me to quote one example where competition lead to betterment. I said telecom.
P1: Except that
Sir, Nirma, they beat surf by doing so so n so.
P2: that telecom is a good example you have quoted, do you know that telecoms were making a great deal of money and railways are structurally different. More capex
Sir, government can subsidise the credit, japan is giving for bullet train.
Then some more railways, leh n all. I agreed there will always be issue but we can always figure it out.
Then again P1: you work in entertainment industry, what is this controversy about ratings...
Explained what I know.
P1. How many meters?
Approx 55k in a state
P1: what is the media advertisement budget.
Sorry sir, I don't know.
P1: you work in media industry!
Yes sir, but my division is more into event management, I am not aware of media budget.
p1: (I think he wanted to kick me out) okay, let's say p&g has a 1k cr budget, would they depend entire budget based on trp?
No sir, they would look at other aspects like target audience of the shows and their own target audience.
P2: what else can they rely on to measure?
Sir, it could be social media impression.
P1: what else?
Sorry sir, not able to think of anything else.
P1: what about dth? They can take it from them?
Yes, that's a good avenue, I did not consider that, I presumed they wouldn't share the data.
P1: ofc, they can share annon data. Don't you think this entire thing has been blown out of proportion?
Sir, I definitely don't think a city commissioner should be involved in it but it is about integrity of the whole system. P&g may have its own research wing but lot of small companies still depend on it.
P1: you said you deal with GST, what are your views on input credit.
Sir, it is indeed cumbersome for small player. It started out as an ingenious idea but too many changes have made it cumbersome.
P1: do you think it's practical?
Yes sir, it is. From view point of revenue to government, it a essential.
P1: (I am not sure why he kept asking random stuff 😐😅) do you read newspaper?
Yes sir, I often read the Hindu.
What interests you? Economy?
Sir, I read it in full, mostly economy, technology.
Then tell me what is accommodative stance in economics? (This is not even grilling now😂)
Rbi policy stance, sir?
Yes, you said you read Hindu and they use it most often.
(Wondering if I dug my grave) sir its when even when inflation and things are up but RBI maintains reserve rates or cuts them to sustain growth.
Oh, okay. We are done. Any questions?
Asked.
Completed by 4:55