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State Bank of India Interview Questions and Answers
Q1. Take-home assignment - If you are the PM of a cryptocurrency exchange in India and you want to increase the deposits of XRP in India by 20% what steps would you take and why?
To increase XRP deposits in India by 20%, I would focus on marketing, partnerships, and education.
Launch targeted marketing campaigns to increase awareness and interest in XRP among potential users.
Partner with popular Indian payment gateways to make it easier for users to deposit XRP.
Educate users on the benefits of using XRP, such as faster transaction times and lower fees.
Offer incentives such as discounts or rewards for users who deposit XRP on the exchange.
Collaborate wi...read more
Q2. What is most important in sales. Make sure about clients wants.
Understanding clients' needs and building relationships.
Listening to clients and asking questions to understand their needs.
Building trust and rapport with clients.
Offering solutions that meet clients' specific needs.
Following up with clients to ensure satisfaction and build long-term relationships.
Adapting sales approach to different clients and industries.
Continuously learning about clients' industries and staying up-to-date on market trends.
Being persistent and resilient i...read more
Q3. How you'll analyse customer in sales.
I analyse customers by understanding their needs, preferences, and pain points to tailor my sales approach.
Conduct research on the customer's industry and company
Ask open-ended questions to understand their needs and preferences
Identify their pain points and offer solutions
Tailor the sales approach to their specific needs
Build rapport and establish trust
Follow up regularly to maintain the relationship
Q4. How WhatsApp is generating money.
WhatsApp generates money through its business API and WhatsApp Business app.
WhatsApp Business API charges businesses for sending messages to customers.
WhatsApp Business app offers tools for small businesses to communicate with customers more effectively.
WhatsApp also plans to introduce ads in the Status feature to generate revenue.
Q5. Launching a subscription-based service for Zepto.
Launching a subscription-based service for Zepto.
Conduct market research to identify target audience and pricing strategy
Develop a user-friendly platform with easy subscription management
Offer incentives and discounts for long-term subscriptions
Provide excellent customer support to retain subscribers
Regularly update and improve the service to keep subscribers engaged
Q6. How to build a robust l&d system
To build a robust L&D system, focus on strategic planning, employee engagement, technology integration, and continuous evaluation.
Develop a clear strategy aligned with organizational goals and employee development needs.
Engage employees in the learning process through interactive and personalized training programs.
Integrate technology tools like learning management systems and virtual classrooms for efficient delivery of training.
Continuously evaluate the effectiveness of the...read more
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