HKB Development Interview Questions and Answers

Opening a bank account requires valid identity and address proof. E-commerce refers to buying and selling goods online.

• To open a bank account, visit the bank with valid identity and address proof documents

• Fill out the account opening form and submit the required documents

• Once the account is opened, you can start depositing and withdrawing money

• E-commerce refers to the buying and selling of goods and services online

• Examples of e-commerce platforms include Amazon, Flipkart, and...read more

Marketing is the process of promoting and selling products or services, while customer service is the assistance provided to customers before, during, and after a purchase.

• Marketing involves identifying customer needs and wants, creating products or services that meet those needs, and promoting them through advertising, sales, and other channels.

• Customer service involves providing assistance to customers before, during, and after a purchase, including answering questions, res...read more

Savings accounts are typically more profitable for banks due to higher interest rates and lower transaction costs.

• Savings accounts usually offer higher interest rates compared to checking accounts.

• Checking accounts may have more transaction fees and costs associated with them.

• Banks can also invest the funds from savings accounts to generate additional revenue.

• Savings accounts tend to have higher minimum balance requirements, which can also benefit banks.

• Overall, savings accou...read more

I have actively participated in various co-curricular activities such as debate club, drama club, and volunteering at local community events.

• Member of debate club in high school

• Participated in school drama productions

• Volunteered at local community events such as charity fundraisers

The banking sector in India is a crucial part of the country's economy, consisting of public, private, and foreign banks.

• The Reserve Bank of India (RBI) is the central banking institution that regulates the banking sector.

• Public sector banks like State Bank of India (SBI) and Punjab National Bank (PNB) dominate the market.

• Private sector banks like ICICI Bank and HDFC Bank have also gained significant market share.

• Foreign banks like Citibank and HSBC operate in India through b...read more