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State Bank of India Interview Questions and Answers

Updated 30 Jul 2024

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?

Ans.

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

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Q2. What is most important in sales. Make sure about clients wants.

Ans.

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

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Q3. How you'll analyse customer in sales.

Ans.

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

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Q4. How WhatsApp is generating money.

Ans.

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.

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Discover State Bank of India interview dos and don'ts from real experiences

Q5. Launching a subscription-based service for Zepto.

Ans.

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

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Q6. How to build a robust l&d system

Ans.

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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