Axis Bank Junior Sales Executive Interview Questions and Answers

Q1. Tell me about your self and about banking sector
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Q2. What is banking
Ans. 
Banking is a financial service industry that deals with managing money, providing loans, and facilitating transactions.
• Banking involves accepting deposits from customers and lending money to individuals and businesses.

• Banks also offer services such as checking and savings accounts, credit cards, and investment products.

• Banking institutions play a crucial role in the economy by providing liquidity, credit, and financial...read more
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Q3. What is financial sector
Ans. 
The financial sector refers to the industry that deals with the management of money and other assets.
• Includes banks, investment firms, insurance companies, and stock exchanges

• Involves activities such as lending, borrowing, investing, and risk management

• Plays a crucial role in the economy by facilitating the flow of funds and capital

• Regulated by government authorities to ensure stability and protect consumers
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Q4. What is Banking products
Ans. 
Banking products are financial instruments offered by banks to customers for managing their money and achieving financial goals.
• Savings accounts

• Checking accounts

• Certificates of deposit (CDs)

• Credit cards

• Loans (personal, auto, mortgage)

• Investment products (stocks, bonds, mutual funds)
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Q5. What is Loans and investments
Ans. 
Loans and investments refer to financial transactions where money is lent or invested for a return.
• Loans involve lending money to individuals or businesses with the expectation of repayment with interest.

• Investments involve putting money into assets such as stocks, bonds, real estate, or mutual funds with the expectation of generating a return.

• Both loans and investments carry risks and rewards, and are essential compon...read more
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Q1. What is the savings account?
Ans. 
A savings account is a type of bank account where you can deposit money and earn interest on the balance.
• Savings accounts typically have lower interest rates compared to other types of investments.

• They are considered a safe and secure way to save money for short-term goals.

• Withdrawals from savings accounts are usually limited to a certain number per month.

• Examples of savings accounts include traditional savings account...read more
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Q2. A savings account, by defination, allowes you to deposit your money safe with the Bank.
Ans. 
A savings account is a secure way to deposit money with a bank for safekeeping and potential growth through interest.
• Savings accounts typically offer a lower interest rate compared to other types of accounts like CDs or money market accounts.

• Funds in a savings account are easily accessible for withdrawals, but may have limitations on the number of transactions allowed per month.

• Some savings accounts require a minimum b...read more
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Q1. What do mean by current account?
Ans. 
A current account is a type of bank account that allows frequent transactions and does not limit the number of withdrawals or deposits.
• Current accounts are typically used for day-to-day banking activities such as receiving salaries, paying bills, and making purchases.

• They do not usually earn interest on the balance maintained in the account.

• Overdraft facilities may be available on current accounts, allowing customers t...read more
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Q1. What is the meaning of fixed account ?
Ans. 
A fixed account is a type of investment account where the interest rate is fixed and does not change over time.
• Fixed accounts typically offer a higher interest rate compared to regular savings accounts.

• The account holder agrees to keep their money in the account for a specified period of time.

• Withdrawals before the maturity date may result in penalties or loss of interest.

• Common examples include fixed deposit accounts
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Q1. What do mean of recurring deposit account?
Ans. 
A recurring deposit account is a type of savings account where a fixed amount is deposited regularly for a predetermined period of time.
• Fixed amount is deposited at regular intervals (monthly, quarterly, etc.)

• Interest is earned on the deposited amount

• The account has a fixed tenure

• Withdrawal before maturity may result in penalties

• Example: Depositing $100 every month for 5 years in a recurring deposit account
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Q1. What do you mean of bank?
Ans. 
A bank is a financial institution that accepts deposits from the public and creates credit.
• Banks provide various financial services such as loans, mortgages, and investment accounts.

• They play a crucial role in the economy by facilitating the flow of money and capital.

• Banks are regulated by government authorities to ensure stability and protect depositors' funds.
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Q1. Face to face interview how it's possible?
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Accounts knowledge question related.

Q1. After final section tell about yourself & achievement of Goal.
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Strings, Arrays, and other basic data structure and algo questions

Q1. Tell about your projects and what are the challenges you faced during these projects?
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Q2. Why Bank of America?
Ans. 
Bank of America is a leading financial institution with a strong reputation and commitment to innovation.
• Bank of America has a strong reputation in the financial industry

• The company is committed to innovation and technology

• Working for Bank of America provides opportunities for growth and development

• Bank of America has a global presence with diverse business lines

• The company values diversity and inclusion in the workpla
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The aptitude test is a bit different from everyone but its interesting. There are timed questions (instead of timed paper) and it judges you on all logical and reasoning thinking. Hold your nerves, youe gonna do great.

The coding test is solvable if you can do leet code problems.

Q1. The HR intereview was nice. She asked about likes dislikes, leadership qualities and situational question. Very positively taken interview.
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Q1. It was a technicalround. Was asked questions on my project. Very approachable interviewer. Id suggest to answer calmly and just let them kjow if you dont know one.
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Q1. Basics details Communication skills
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Q2. Basics Related to job
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Quantitative, logical reasoning, Mathematical Questions, Grammar Check,

Q1. Tell me about yourselves and why are you interested in this role? Tell me the banking process? What is CIBIL Score
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