Life Insurance Corporation of India (Bde)business Development Executive Interview Questions and Answers

Q1. Why we choose you ? We have already got 20 resume before you ?
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Q2. Why you want to leave your past job and industry you come ?
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Q3. It's comfortable with you in sales field ?
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It's basic level test paper give. To me for fill 60 questions in 1 hour for general information

Description for job roal and also what is my role in this job

Q1. If you selected how much time you need to join ?
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Q2. Our training is Mumbai if you select today you have to go today night if you want to joining is it comfortable for you ?
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Conducted online test and it's take 2 to 3 hours where they test your all abilities to check your intelligence, Prompt response, calculation, though, knowledge and other

Q1. What will you do to achieve targets
Ans. 
I will create a strategic plan, set clear goals, motivate the team, track progress, and adjust strategies as needed.
• Develop a detailed sales strategy with specific targets and timelines

• Motivate and train the sales team to ensure they are equipped to meet targets

• Regularly track progress towards targets and adjust strategies as needed

• Identify and pursue new business opportunities to increase sales

• Collaborate with marketi...read more
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Q2. Past experience and what you done
Ans. 
I have over 5 years of experience in business development, including successfully launching new products and expanding market reach.
• Led a team to launch a new product line, resulting in a 20% increase in sales within the first year

• Developed and implemented strategic partnerships with key clients, leading to a 30% growth in market share

• Utilized market research and analysis to identify new business opportunities and driv
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Q1. How do you sell a combo to a bold man
Ans. By highlighting the benefits of using a comb for scalp health and grooming. Emphasize the importance of scalp health and how combing can improve it Explain how using a comb can help style hair and create a polished look Offer a demonstration of how the comb can be used to create different hairstyles Highlight the durability and quality of the comb Offer a discount or bundle deal to incentivize purchase
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Q2. Need to discribe equity debt balanced
Ans. 
Equity debt balance refers to the optimal mix of equity and debt financing for a company's capital structure.
• Equity represents ownership in the company, while debt represents borrowed funds that need to be repaid with interest.

• Balancing equity and debt allows a company to take advantage of the benefits of both types of financing, such as lower cost of debt and increased control with equity.

• The ideal equity debt balance...read more
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Explain about different funds under ULIPS

Q1. How to develop own business strategy
Ans. 
Developing a business strategy involves analyzing the market, setting goals, identifying target customers, and creating a plan for growth.
• Conduct a SWOT analysis to assess strengths, weaknesses, opportunities, and threats

• Set clear and achievable goals for the business

• Identify target customers and understand their needs and preferences

• Create a detailed plan outlining how to achieve the goals and reach the target custome...read more
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Q2. First look in to my markets ,second social media
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Q3. What's expected salary
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Q4. As per company standard
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Q1. About the work details
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Q1. Few courses related questions
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Q2. Financial service related questions
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Q3. Management and training
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Q4. Leadership qualities
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Q1. Basic knowledge
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Q2. Last companies achivements
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Assignment is a legal term whereby an individual, the “assignor,” transfers rights, property, or other benefits to another known as the “assignee.”

Coding test are assessments that are designed to evaluate a developer's coding skills and aptitude.

Case study is an in-depth study of one person, group, or event.

Assignment is a legal term whereby an individual, the “assignor,” transfers rights, property, or other benefits

Q1. Total Experience,
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Q2. Family details, others company
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Q1. Knowledge experience CTC documents
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