IIFL Finance Business Development Manager Interview Questions and Answers

Questions of numeric , reasoning and IQ

M.C.Qs type questions

Q1. Tell me about your self & education and family.
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Q2. Your future goal.
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Q1. Experience in sales
Ans. 
I have over 5 years of experience in sales, consistently exceeding targets and building strong client relationships.
• Successfully met and exceeded sales targets by 20% for 3 consecutive years

• Built a strong network of clients resulting in a 30% increase in repeat business

• Implemented innovative sales strategies that led to a 15% growth in revenue
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Q2. Cold calling with sales
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Q1. What is a lap lone Property again lone
Ans. 
A lap loan is a type of loan that is secured by the borrower's personal property.
• A lap loan is a form of secured loan where the borrower offers personal property as collateral.

• The lender can seize the collateral if the borrower fails to repay the loan.

• Common examples of lap loans include pawn shop loans and title loans.
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Q2. What was your income?
Ans. 
My income was competitive and reflective of my experience and skills.
• My income was based on my previous work experience and the responsibilities of the role.

• I received bonuses based on meeting sales targets.

• I negotiated a salary increase after successfully completing a major project.

• I regularly reviewed my income to ensure it was in line with industry standards.
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Q1. Tell me about your self
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Q2. How to work this job
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Q3. How to interact with customers
Ans. 
Interacting with customers involves active listening, clear communication, empathy, and problem-solving skills.
• Listen actively to understand customer needs and concerns

• Communicate clearly and effectively to provide information and solutions

• Show empathy and understanding towards customer's emotions and experiences

• Use problem-solving skills to address customer issues and provide satisfactory resolutions
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Q4. What's your goal
Ans. 
My goal is to drive business growth through strategic partnerships and innovative solutions.
• Developing and executing business development strategies

• Identifying new business opportunities and markets

• Building and maintaining relationships with clients and partners

• Driving revenue growth through sales and marketing initiatives
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Q5. Tell me about our company
Ans. 
Our company is a leading provider of innovative business solutions in the technology sector.
• Specializes in developing cutting-edge software applications

• Offers consulting services to help businesses optimize their operations

• Known for its strong focus on customer satisfaction
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Q1. Experience in sales
Ans. 
I have over 5 years of experience in sales, consistently exceeding targets and building strong client relationships.
• Successfully met and exceeded sales targets by 20% for 3 consecutive years

• Built a strong network of clients resulting in a 30% increase in repeat business

• Implemented innovative sales strategies that led to a 15% growth in revenue
Answered by AI
Add your answer
Q2. Cold calling with sales
Add your answer