How was your IIM Bangalore interview experience?

The following experience is that of my sister who has the following profile 95/93.8/8.9 (Bcom H Fresher). It was an online interview the duration of which was 20 minutes. The questions asked to her were as follows:

• What is the difference between bcom and bcom hons?
• Do honours have any significance?
• What is your favourite subject?
• What is the inflation rate?
• What is the growth rate?
• How to calculate inflation rate?
• How will India recover from covid shock? (Lot of cross questioning)
• Asked a lot of questions regarding balance sheet and it’s format
• Difference between current assets and noncurrent assets
• Difference between current liabilities and provisions
• What is returns to a factor?
• What is returns to a scale?
• What are economies of scale?

Luckily my sister answered each and every question confidently. 

Next came up the Case Study round wherein the interviewer asked:

On Wednesday, discounts on different items are given, so that sales could be increased. What is the concept involved? To this my sister answered Elasticity of demand and gave many other reasons like consumer behaviour, law of demand. They also asked her why she did not prefer work experience first. To this she told them that she was learning-oriented. Both the interviewers were quite convinced.

She got selected soon after.