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Aditya Birla Health Insurance Co

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10+ NARDAC Interview Questions and Answers

Updated 16 Nov 2024

Q1. How to do pitch your product and also how to convience people to purchase your product?

Ans.

To pitch and convince people to purchase a product, focus on understanding their needs, highlighting the product's unique features and benefits, providing social proof, and offering incentives.

  • Research and understand the target audience's needs and pain points

  • Highlight the unique features and benefits of the product that address those needs

  • Provide social proof through testimonials, case studies, or success stories

  • Offer incentives such as discounts, limited-time offers, or add...read more

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Q2. Few points on what is health insurance

Ans.

Health insurance is a type of coverage that pays for medical and surgical expenses incurred by the insured.

  • Provides financial protection against high medical costs

  • Covers a range of medical services such as doctor visits, hospital stays, prescription drugs, and preventive care

  • Can be obtained through employers, government programs, or purchased individually

  • Helps individuals and families afford healthcare services without facing financial hardship

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Q3. How will you generate business

Ans.

I will generate business by building strong relationships with clients, networking, and implementing targeted marketing strategies.

  • Developing a strong network of potential clients through networking events and referrals

  • Utilizing social media and online marketing to reach a wider audience

  • Creating targeted marketing campaigns to attract specific client demographics

  • Offering competitive pricing and promotions to attract new business

  • Providing excellent customer service to retain e...read more

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Q4. Most common condition in which there is thrombocytopenia

Ans.

The most common condition with thrombocytopenia is immune thrombocytopenic purpura (ITP).

  • Immune thrombocytopenic purpura (ITP) is an autoimmune disorder that leads to a low platelet count.

  • Other conditions that can cause thrombocytopenia include aplastic anemia, drug-induced thrombocytopenia, and liver disease.

  • ITP is characterized by easy bruising, petechiae, and mucosal bleeding.

  • Treatment options for ITP include corticosteroids, intravenous immunoglobulin (IVIG), and platelet...read more

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Q5. Which is the main alarming sign in dengue fever

Ans.

The main alarming sign in dengue fever is severe abdominal pain.

  • Severe abdominal pain is a common symptom of dengue fever.

  • It is often accompanied by persistent vomiting and bleeding.

  • Abdominal pain may indicate the development of severe dengue or dengue hemorrhagic fever.

  • Other signs to watch for include persistent vomiting, bleeding gums, and difficulty breathing.

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Q6. What do you mean by thrombocytopenia ?

Ans.

Thrombocytopenia is a medical condition characterized by a low platelet count in the blood.

  • Thrombocytopenia refers to a decrease in the number of platelets in the blood.

  • It can be caused by various factors such as certain medications, autoimmune disorders, infections, or bone marrow disorders.

  • Symptoms may include easy bruising, prolonged bleeding, petechiae (small red or purple spots on the skin), or excessive bleeding from minor cuts or injuries.

  • Treatment options depend on th...read more

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Q7. Experience in Insurance sector

Ans.

I have 5 years of experience in the insurance sector, specializing in sales and customer service.

  • Worked as a sales agent for XYZ Insurance Company for 3 years

  • Managed a team of agents and exceeded sales targets by 20%

  • Handled customer inquiries and claims efficiently

  • Stayed updated on industry trends and regulations

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Q8. What is your expected CTC ?

Ans.

I would expect a competitive salary based on my experience and the responsibilities of the role.

  • I would expect a salary that is commensurate with my skills and experience in the reimbursement field.

  • I would consider factors such as the complexity of the job, the level of responsibility, and the industry standards when determining my expected CTC.

  • I am open to negotiation and would like to discuss the compensation package in detail during the interview process.

  • I believe that a f...read more

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Q9. What is omnibus approval ?

Ans.

Omnibus approval is a process where a group of related transactions or actions are approved together as a single package.

  • Omnibus approval is commonly used in financial transactions, such as mutual funds, where multiple transactions are grouped together for approval.

  • It saves time and effort by allowing multiple transactions to be approved at once instead of individually.

  • It also helps to ensure consistency and accuracy in the approval process.

  • For example, if a mutual fund wants...read more

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Q10. Talk on this topic and state advantage and disadvantages ?

Ans.

The topic is customer service in the executive role, discussing advantages and disadvantages.

  • Advantage: Improved customer satisfaction and loyalty

  • Advantage: Increased revenue through repeat business

  • Advantage: Opportunity to upsell or cross-sell products/services

  • Disadvantage: High stress levels due to dealing with difficult customers

  • Disadvantage: Potential for burnout from constant customer interaction

  • Disadvantage: Limited control over company policies and procedures

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Q11. Can you handle 200 calls/per day ?

Ans.

Yes, I have experience handling high call volumes and can efficiently manage 200 calls per day.

  • I have previous experience working in a call center environment where I regularly handled over 200 calls per day.

  • I am skilled at multitasking, prioritizing calls, and resolving customer issues efficiently.

  • I am confident in my ability to meet the demands of a high-volume call center role.

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Q12. MI changes in ECG ?

Ans.

MI changes in ECG refer to specific patterns observed in an electrocardiogram that indicate a myocardial infarction (heart attack).

  • MI changes in ECG include ST-segment elevation or depression, T-wave inversion, and Q-wave development.

  • ST-segment elevation is a classic sign of acute myocardial infarction.

  • ST-segment depression can indicate myocardial ischemia or injury.

  • T-wave inversion can be seen in myocardial infarction or other cardiac conditions.

  • Q-wave development may sugges...read more

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Q13. What are the steps in project management

Ans.

Project management involves initiating, planning, executing, monitoring, and closing a project.

  • Initiating: Define the project, identify stakeholders, and create a project charter.

  • Planning: Develop a project management plan, scope, schedule, budget, and resources.

  • Executing: Implement the project plan, manage resources, and communicate with stakeholders.

  • Monitoring: Track project progress, identify and address issues, and make necessary adjustments.

  • Closing: Finalize all project ...read more

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Q14. CA Articleship experience

Ans.

I completed my CA Articleship experience in a reputed firm.

  • Worked on various audit assignments

  • Assisted in preparation of financial statements

  • Gained knowledge in taxation and compliance

  • Developed communication and teamwork skills

  • Received appreciation for dedication and hard work

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Q15. What was last Rating?

Ans.

My last rating was 4.5 out of 5, reflecting my strong performance in meeting sales targets and building relationships with clients.

  • Received a rating of 4.5 out of 5 in my last performance review

  • Consistently met or exceeded sales targets

  • Built strong relationships with clients leading to increased sales

  • Implemented effective sales strategies to drive revenue growth

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Q16. What is moratorium?

Ans.

A moratorium is a temporary suspension or delay of an activity or obligation.

  • Moratorium is often used in legal and financial contexts.

  • It can refer to a temporary halt on debt payments or foreclosure proceedings.

  • It can also be used to describe a temporary ban on certain activities or practices.

  • Moratoriums are typically put in place to provide relief or allow for further evaluation.

  • Examples include moratoriums on new construction projects or moratoriums on fracking.

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Q17. Why you want to join bse

Ans.

I want to join BSE to gain exposure to the financial markets and contribute to the growth of the organization.

  • Opportunity to work in a prestigious financial institution

  • Desire to analyze market trends and make informed investment decisions

  • Passion for contributing to the growth of the organization

  • Interest in gaining exposure to the financial markets

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