20+ UPL - Advanta Seeds Interview Questions and Answers

Sales can be achieved by setting targets, identifying potential customers, building relationships, and effectively communicating the value of the product or service.

• Set clear and achievable sales targets

• Identify potential customers through market research and networking

• Build relationships with customers through personalized interactions

• Effectively communicate the value of the product or service to potential customers

• Follow up with leads and provide excellent customer service

Achievement targets are set goals that sales managers aim to reach, while other skills refer to the various abilities and qualities needed to effectively manage a sales team.

• Achievement targets in sales management typically include revenue goals, market share growth, and customer acquisition targets.

• Other skills required for a sales manager include leadership, communication, strategic planning, and team building.

• For example, a sales manager may set a target of increasing sale...read more

Recruit agents by utilizing various recruitment channels and strategies.

• Utilize social media platforms to advertise job openings and attract potential candidates.

• Attend job fairs and networking events to connect with individuals interested in sales roles.

• Offer referral bonuses to current agents for recommending qualified candidates.

• Partner with local colleges and universities to recruit students or recent graduates.

• Utilize recruitment agencies to help source and screen potent...read more

Insurance is a financial product that provides protection against financial losses.

• Insurance is a contract between an individual or organization and an insurance company, where the individual or organization pays a premium in exchange for financial protection against specified risks.

• Types of insurance include life insurance, health insurance, auto insurance, home insurance, and more.

• Insurance policies typically cover specific risks, such as accidents, illnesses, natural disas...read more

Improving skills is essential for staying competitive and achieving success in sales.

• Continuous learning through training programs and workshops

• Seeking feedback from colleagues and mentors to identify areas for improvement

• Practicing active listening and communication skills in sales interactions

• Utilizing technology tools to streamline sales processes and enhance productivity

Active target refers to potential customers who are currently engaged and interested in purchasing a product or service.

• Active target customers are those who have shown interest in the product or service, such as by requesting more information or engaging with marketing materials.

• These customers are more likely to convert into sales compared to passive or cold leads.

• Examples of active target customers include individuals who have signed up for a free trial, attended a product...read more

To handle a team, it is important to be friendly and approachable while also setting clear expectations and providing support.

• Establish clear goals and expectations for the team

• Provide regular feedback and support to team members

• Encourage open communication and collaboration within the team

• Lead by example and demonstrate a positive attitude

• Recognize and reward team members for their achievements

• Address any conflicts or issues within the team promptly and fairly

General insurance provides coverage for non-life assets such as property, vehicles, and health.

• General insurance policies are designed to protect against financial loss due to unforeseen events.

• Examples of general insurance include car insurance, home insurance, and travel insurance.

• General insurance policies can be customized to meet the specific needs of the policyholder.

• Premiums for general insurance policies are based on factors such as the type of coverage, the value of ...read more

This pen is not just a writing tool, it's a statement of style and sophistication.

• This pen is made with high-quality materials that ensure a smooth writing experience.

• It's sleek and stylish design makes it a perfect accessory for any professional setting.

• The pen's ink is long-lasting and won't smudge or smear, ensuring your writing always looks neat and tidy.

• It's a great gift for anyone who appreciates the finer things in life, or for yourself as a treat.

• This pen is a must-ha...read more

Data analytics involves collecting, analyzing, and interpreting data to gain insights and make informed decisions.

• Data analytics starts with identifying the relevant data sources and collecting the data.

• The collected data is then cleaned and transformed to ensure its quality and compatibility.

• Various statistical and analytical techniques are applied to the data to uncover patterns, trends, and correlations.

• Visualization tools and techniques are used to present the analyzed da...read more

Recent amendments have expanded defences available in third party claims, providing more options for defendants.

• Recent amendments to legislation have expanded the defences available in third party claims.

• Defences such as contributory negligence, assumption of risk, and statutory limitations may be used by defendants.

• For example, in a personal injury case, the defendant may argue that the plaintiff's own negligence contributed to the injury.

• It is important for legal profession...read more

The current GDP of India is approximately $2.87 trillion USD.

• The GDP of India is one of the largest in the world, ranking around 5th or 6th globally.

• It is a key indicator of the economic health and growth of the country.

• The GDP is calculated by adding up the total value of all goods and services produced within the country in a specific time period.

• As of 2021, the GDP of India is estimated to be around $2.87 trillion USD.

Bajaj Allianz is a leading insurance company in India.

• Founded in 2001 as a joint venture between Bajaj Finserv and Allianz SE.

• Offers a wide range of insurance products including life, health, motor, travel, and home insurance.

• Has a strong presence in the Indian market with over 1,400 branches and 50,000+ agents.

• Has won several awards for its innovative products and customer service.

• Has a claim settlement ratio of 98.02% for the financial year 2019-20.

The differential in cars is a component that allows the wheels to rotate at different speeds while maintaining traction.

• Differential helps distribute power evenly to the wheels

• It allows the wheels to rotate at different speeds when turning

• Common types include open, limited-slip, and locking differentials

The sales process involves identifying leads, qualifying prospects, presenting solutions, addressing objections, and closing the deal.

• The sales process typically starts with lead generation and prospecting.

• Once potential leads are identified, they need to be qualified to ensure they are a good fit for the product or service being offered.

• During the presentation stage, the salesperson showcases the benefits and features of the product or service.

• Addressing objections is an imp...read more

I buy insurance to protect myself and my loved ones from unexpected financial burdens in case of emergencies or accidents.

• To provide financial security for my family in case of unexpected events

• To cover medical expenses in case of illness or injury

• To protect my assets and property from damage or loss

• To comply with legal requirements, such as car insurance for driving

• To ensure peace of mind and reduce stress about the future

Experienced relationship manager with strong interpersonal skills and a track record of building and maintaining client relationships.

• 10+ years of experience in relationship management

• Proven ability to understand and meet client needs

• Excellent communication and negotiation skills

• Strong problem-solving and decision-making abilities

• Ability to build and maintain long-term relationships

• Successfully managed a portfolio of high net worth clients

• Implemented strategies to increase cl...read more

Test cases for a lift

• Test if the lift goes to the correct floor when a button is pressed

• Test if the emergency stop button works

• Test if the door opens and closes properly

• Test if the weight limit is enforced

• Test if the lift responds to multiple button presses

Test cases for Instagram application

• Verify user can successfully log in with valid credentials

• Check if user can post a photo with a caption

• Ensure that user can search for other users and follow/unfollow them

• Test if user receives notifications for likes and comments on their posts