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10+ Danem Engineering Works Interview Questions and Answers

Updated 4 Jul 2024
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Q1. How to convince for banking product to your new customers

Ans.

To convince new customers for banking products, build trust, understand their needs, and highlight benefits.

  • Build trust by introducing yourself and the bank's reputation

  • Understand their needs by asking questions and listening actively

  • Highlight benefits such as rewards, convenience, and security

  • Provide clear and concise information about the product

  • Offer personalized solutions based on their financial goals

  • Follow up with them to ensure satisfaction and address any concerns

  • Prov...read more

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Q2. What is the difference between Marketing and Sales ?

Ans.

Marketing is creating awareness and interest in a product or service, while sales is the process of converting that interest into a purchase.

  • Marketing focuses on creating demand, while sales focuses on fulfilling that demand.

  • Marketing involves research, advertising, and promotion, while sales involves negotiation and closing deals.

  • Marketing is a long-term strategy, while sales is a short-term tactic.

  • Example: A company may use marketing to create interest in a new product, but...read more

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Q3. What is product of bank for selling?

Ans.

The bank sells various financial products such as savings accounts, loans, credit cards, insurance, and investment options.

  • Savings accounts with different interest rates and features

  • Personal and business loans with varying terms and conditions

  • Credit cards with rewards and cashback programs

  • Insurance policies for life, health, and property

  • Investment options such as mutual funds and fixed deposits

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Q4. Ok if you have one pen you have to sold me how can you sell it.

Ans.

I would highlight the unique features of the pen, such as its smooth writing experience and durability, to convince you of its value.

  • Highlight the unique features of the pen, such as its smooth writing experience and durability

  • Explain how the pen can benefit the buyer in their daily tasks or work

  • Offer a competitive price or special promotion to entice the buyer to make the purchase

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Q5. If banking experience full advantage

Ans.

Banking experience is a significant advantage for a Branch sales officer.

  • Banking experience helps in understanding the products and services offered by the bank.

  • It also helps in building relationships with customers and providing them with personalized solutions.

  • Banking experience can also aid in identifying potential leads and cross-selling opportunities.

  • For example, a sales officer with banking experience can easily identify a customer who may benefit from a credit card or ...read more

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Q6. How to increase banking business?

Ans.

To increase banking business, focus on customer satisfaction, offer personalized services, and expand digital channels.

  • Improve customer experience through better service and communication

  • Offer customized products and services to meet individual needs

  • Expand digital channels to reach more customers and provide convenient services

  • Partner with local businesses and organizations to increase visibility and attract new customers

  • Invest in marketing and advertising to promote brand aw...read more

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Q7. What you know about Banking.

Ans.

Banking involves financial transactions, managing accounts, loans, and investments.

  • Banking is the business of accepting deposits and lending money.

  • Banks offer various types of accounts such as savings, current, and fixed deposits.

  • They also provide loans for personal, business, and educational purposes.

  • Banks offer investment options such as mutual funds, stocks, and bonds.

  • Banking is regulated by central banks and government bodies to ensure stability and security.

  • Examples of b...read more

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Q8. What do you know about grooming

Ans.

Grooming refers to the process of enhancing one's physical appearance through personal care and hygiene practices.

  • Grooming includes activities such as bathing, skincare, hair care, and dressing appropriately.

  • Good grooming can create a positive impression in professional settings and social interactions.

  • It involves maintaining cleanliness, tidiness, and overall well-being.

  • Proper grooming can boost self-confidence and improve overall presentation.

  • Examples of grooming products i...read more

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Q9. how to sale products

Ans.

To sell products, understand customer needs, highlight product benefits, build rapport, and close the sale.

  • Listen actively to the customer's needs and preferences.

  • Highlight the benefits and unique selling points of the product.

  • Build rapport and establish trust with the customer.

  • Address any objections or concerns the customer may have.

  • Close the sale by asking for the customer's commitment.

  • Follow up with the customer after the sale to ensure satisfaction and encourage repeat bu...read more

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Q10. W hat is current and saving account

Ans.

Current and saving accounts are types of bank accounts used for different purposes.

  • Current account is used for frequent transactions and business purposes

  • Saving account is used for saving money and earning interest

  • Current account usually has higher transaction fees compared to saving account

  • Saving account typically has limits on the number of withdrawals allowed per month

  • Both types of accounts offer different benefits and features to account holders

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Q11. Walk interweave

Ans.

The question is asking the candidate to explain how two different concepts or ideas are connected or intertwined.

  • Explain how two different concepts or ideas are connected

  • Provide examples to illustrate the connection between the concepts

  • Demonstrate the relationship between the concepts through a detailed explanation

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Interview Process at Danem Engineering Works

based on 29 interviews
3 Interview rounds
Resume Shortlist Round
HR Round - 1
HR Round - 2
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