Motilal Oswal Financial Services Product Manager Interview Questions and Answers

Q1. Basic questions around previous work ex
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Product Case Study to get a product sense

Q1. Metrics in PM that are ressential
Ans. 
Key metrics in PM include user engagement, retention rate, conversion rate, and customer satisfaction.
• User engagement: Measure how actively users are interacting with the product.

• Retention rate: Track the percentage of users who continue to use the product over time.

• Conversion rate: Monitor the rate at which users complete desired actions or goals.

• Customer satisfaction: Gather feedback and ratings to assess how satisfi
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Q1. Discussions and cultural fit
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Q1. Tell me about yoursely
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Q1. 5 P’s of marketing
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The 5 P's of marketing are Product, Price, Place, Promotion, and People.
• Product - the actual product or service being offered to customers

• Price - the pricing strategy for the product or service

• Place - the distribution channels used to make the product or service available to customers

• Promotion - the marketing and advertising tactics used to promote the product or service

• People - the target audience or customers for the
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Q1. About qualifications
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Interview with people with different roles

Case study was regarding Banking sector

Q1. What are different type of payment files you worked on?
Ans. 
I have worked on various types of payment files including ACH, wire transfers, and credit card transactions.
• ACH (Automated Clearing House) files

• Wire transfer files

• Credit card transaction files
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Q2. What is the minimum response time?
Ans. 
The minimum response time is the shortest amount of time it takes for a system to respond to a request.
• The minimum response time can vary depending on the system and its capabilities.

• Factors that can affect the minimum response time include network latency, server load, and processing speed.

• For example, a high-performance website may have a minimum response time of 100 milliseconds, while a slower system may have a min
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How can you increase conversion

Q1. Tell me about yourself.
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Q2. Experience related Questions
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Q3. Questions related to Scrum and Situation
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Q1. What is CVV and how to use it, where its used and what data does it provide?
Ans. 
CVV is a security code found on credit and debit cards to help prevent fraud.
• CVV stands for Card Verification Value

• It is a 3 or 4 digit code found on the back of Visa, Mastercard, and Discover cards, and on the front of American Express cards

• CVV is used during online transactions to verify that the person making the purchase has the physical card in their possession

• It is not stored in the magnetic stripe or chip of the...read more
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Q2. What is scrum planning?
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Scrum planning is a collaborative process where the team defines the work to be done in a sprint.
• Scrum planning involves creating a sprint backlog, which includes user stories and tasks to be completed.

• It also includes estimating the effort required for each task and prioritizing them based on business value.

• During the planning meeting, the team decides how much work they can commit to completing in the upcoming sprint...read more
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