Could you share insights into the IIM Indore interview experience?

Question

Adil Bhatia · Accepted Answer

Sure, I can share some insights based on a friend's experience with the IIM Indore interview in 2020. He had a B.A. in Economics from Hansraj College and some work experience in management consulting.

Due to COVID-19, the interview was conducted online with two panelists. Here are some of the questions he was asked:

Economics & Technical Questions:

What's the difference between monopoly and monopsony?
Can you give an example of monopsony?
What is the IS-LM model?
What is the Fisher effect? Explain the equation.
What's the difference between nominal and real interest rates?
How was Solow an improvement over the Harrod-Domar model?
What is the normal distribution?
What is neutral monopoly?
What are the two major causes of market failure?

Entrepreneurship and Indian Economy:

What is bootstrap funding?
What is a unicorn? Give some Indian examples.
Who was Victor Lustig?
Who is Elon Musk?
Tell us a bit about Tesla cars.
Who are our finance minister and chief economic advisor?
Explain the theme of the recent economic survey.

He also had an extempore on "COVID-19 has disrupted our lives." Overall, his interview went well, and he converted the call.

Its a Question about your future!

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