Bajaj Allianz Life Insurance
100+ GeBBS Healthcare Solutions Interview Questions and Answers
Q101. Who is regulate of insurance
The regulatory authority for insurance varies by country.
In the United States, insurance is regulated at the state level by individual state insurance departments.
In the United Kingdom, the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) regulate insurance.
In India, the Insurance Regulatory and Development Authority of India (IRDAI) is the regulatory body for insurance.
Other countries may have their own regulatory bodies or government agencies ...read more
Q102. What is 80 c
80C refers to a section of the Indian Income Tax Act that allows for deductions on certain investments and expenses.
Section 80C of the Indian Income Tax Act allows for deductions up to Rs. 1.5 lakh on investments such as PPF, ELSS, NSC, etc.
Expenses like tuition fees for children, home loan principal repayment, and life insurance premiums also qualify for deductions under 80C.
Taxpayers can reduce their taxable income by investing in or spending on eligible options under 80C.
Q103. What is 10 10d
10 10d is a mathematical expression that involves multiplication and addition.
10 * 10 + d
The value of d is unknown without further context
The result of the expression depends on the value of d
Q104. What's is claim
A claim is a request made by a policyholder to an insurance company for compensation or coverage for a loss or damage.
A claim is a formal request made by the insured party to the insurance company.
It is made when the policyholder experiences a loss or damage that is covered by their insurance policy.
The insurance company then evaluates the claim and determines the amount of compensation or coverage that will be provided.
Claims can be related to various types of insurance such...read more
Q105. Culture of the company
Our company culture is focused on collaboration, innovation, and work-life balance.
We prioritize teamwork and encourage open communication
We value creativity and encourage employees to share their ideas
We promote a healthy work-life balance through flexible schedules and wellness programs
Q106. Type of life insurance
There are various types of life insurance policies available, including term life, whole life, universal life, and variable life insurance.
Term life insurance provides coverage for a specific period of time, usually 10-30 years.
Whole life insurance offers coverage for the entire lifetime of the insured and includes a cash value component.
Universal life insurance is flexible and allows for adjustments in premium payments and death benefits.
Variable life insurance allows policy...read more
Q107. Difference between sales and marketing
Sales focuses on selling products or services directly to customers, while marketing involves creating awareness and interest in those products or services.
Sales involves direct interaction with customers to make a sale
Marketing involves creating strategies to promote products or services
Sales is more focused on closing deals, while marketing is about building brand awareness and generating leads
Q108. Type of insurance
Various types of insurance include health, life, auto, home, and travel insurance.
Health insurance covers medical expenses
Life insurance provides financial protection to beneficiaries
Auto insurance covers damages and injuries in car accidents
Home insurance protects against property damage and liability
Travel insurance covers trip cancellations and medical emergencies
Q109. Optimizations in Spark
Optimizations in Spark involve tuning configurations, partitioning data, using efficient transformations, and caching intermediate results.
Tune configurations for memory and parallelism
Partition data to distribute workload evenly
Use efficient transformations like map, filter, and reduce
Cache intermediate results to avoid recomputation
Q110. Future connection for people
Building strong relationships and fostering connections for a better future.
Creating networking opportunities for individuals to connect with like-minded professionals
Organizing community events to bring people together and strengthen bonds
Implementing mentorship programs to support personal and professional growth
Utilizing social media platforms to facilitate communication and collaboration
Encouraging teamwork and collaboration within the organization
Q111. Without risk journey in life
Taking risks is essential for personal growth and success in life.
Taking risks allows us to step out of our comfort zone and discover new opportunities.
Without risk, we may never reach our full potential or achieve our goals.
Risk-taking can lead to valuable lessons and experiences that help us grow and develop as individuals.
Examples: Starting a new business, pursuing a challenging career opportunity, traveling to a foreign country alone.
Q112. Ok with no incentives
I am open to working without incentives.
I believe in the importance of intrinsic motivation and finding satisfaction in the work itself.
I am driven by personal growth and development.
I am confident in my ability to perform well and contribute to the success of the organization.
I understand that incentives are not the sole factor in job satisfaction and performance.
I am motivated by the opportunity to make a positive impact and contribute to the company's mission.
Q113. Types of insta company
Types of insta companies include retail, technology, healthcare, and service-based companies.
Retail companies focus on selling products directly to consumers.
Technology companies develop and sell software, hardware, or tech-related products.
Healthcare companies provide medical services, products, or equipment.
Service-based companies offer various services to customers.
Q114. what life insurance
Life insurance provides financial protection to beneficiaries in the event of the policyholder's death.
Life insurance pays out a lump sum to beneficiaries upon the death of the policyholder.
There are different types of life insurance policies such as term life, whole life, and universal life.
Premiums for life insurance are based on factors such as age, health, and coverage amount.
Life insurance can help cover funeral expenses, replace lost income, and pay off debts.
It is impo...read more
Q115. What is IRDAI and
IRDAI stands for Insurance Regulatory and Development Authority of India.
IRDAI is a statutory body that regulates and promotes the insurance industry in India.
It was established in 1999 by the IRDAI Act.
IRDAI protects the interests of policyholders and ensures fair treatment by insurance companies.
It issues guidelines and regulations for insurance companies to follow.
IRDAI also promotes innovation and growth in the insurance sector.
Q116. Advantages of life insurance
Q117. Target v/r achievements
I have consistently met or exceeded my targets and goals in previous roles.
Consistently met or exceeded sales targets by 20% each quarter
Achieved 100% customer satisfaction rating for 3 consecutive years
Exceeded project deadlines by 2 weeks on average
Q118. IREDA full form
Indian Renewable Energy Development Agency
IREDA is a financial institution in India that promotes and finances renewable energy projects
It provides financial assistance for renewable energy projects such as solar, wind, biomass, and hydropower
IREDA plays a crucial role in the development of renewable energy sector in India
Q119. Gst full form or
Goods and Services Tax
GST stands for Goods and Services Tax
It is an indirect tax levied on the supply of goods and services
Implemented in India in 2017 to replace multiple indirect taxes like VAT, service tax, etc.
Q120. Warking experience
I have over 5 years of experience working as a Relationship Manager in the banking industry.
Managed a portfolio of high net-worth clients, providing personalized financial solutions
Developed and maintained strong relationships with clients to ensure customer satisfaction
Analyzed financial data to identify opportunities for growth and risk management
Collaborated with internal teams to deliver comprehensive financial services to clients
Q121. SEBI- full forms
SEBI stands for Securities and Exchange Board of India.
SEBI is the regulatory body for the securities market in India.
It was established in 1988 and is headquartered in Mumbai.
SEBI's main objective is to protect the interests of investors and promote the development of the securities market.
It regulates and supervises various entities including stock exchanges, brokers, and mutual funds.
SEBI formulates rules and regulations for the securities market and ensures their complian...read more
Q122. Product explanation
Product explanation involves providing detailed information about the features, benefits, and uses of a particular product.
Highlight key features of the product
Explain the benefits of using the product
Provide examples of how the product can be used in different scenarios
Q123. different bank rates
Different bank rates refer to the varying interest rates offered by different banks.
Different banks offer different interest rates on loans and savings accounts.
Interest rates can vary based on factors such as the type of account, the duration of the loan, and the creditworthiness of the borrower.
For example, Bank A may offer a higher interest rate on savings accounts compared to Bank B, while Bank B may offer lower interest rates on personal loans compared to Bank A.
Q124. Reason to switch
I am looking to switch to a new role that offers more growth opportunities and challenges.
Seeking new challenges and opportunities for growth
Interested in expanding skill set and knowledge
Looking for a more dynamic work environment
Q125. types of testing
Types of testing include functional, non-functional, manual, automated, regression, performance, and security testing.
Functional testing: Testing the functionality of the software.
Non-functional testing: Testing aspects like performance, usability, and security.
Manual testing: Testing done manually by QA engineers.
Automated testing: Testing done using automation tools.
Regression testing: Testing to ensure new code changes do not affect existing functionality.
Performance testi...read more
Top HR Questions asked in GeBBS Healthcare Solutions
Interview Process at GeBBS Healthcare Solutions
Top Interview Questions from Similar Companies
Reviews
Interviews
Salaries
Users/Month