10+ Assistant Acquisition Manager Interview Questions and Answers

A current account is a type of bank account that allows frequent transactions and does not earn interest. A savings account is a type of bank account that earns interest on the deposited amount.

• Current account is used for day-to-day transactions and does not earn interest

• Savings account is used for saving money and earns interest on the deposited amount

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

• Savings account may have limitations on the nu...read more

Tips for achieving monthly targets and handling pressure as an Assistant Acquisition Manager

• Set realistic goals and break them down into smaller tasks

• Prioritize tasks based on their importance and urgency

• Stay organized and manage time effectively

• Stay motivated and focused on the end goal

• Communicate effectively with team members and superiors

• Take breaks and practice self-care to avoid burnout

• Understand the different types of accounts and their requirements

• GI stands for Gross I...read more

Yes, I can do a minimum of 20 casa with one current account compulsory.

• I have experience in acquiring new customers and have a proven track record of meeting and exceeding targets.

• I am familiar with the various types of casa accounts and their benefits, which helps me to effectively pitch to potential customers.

• I have a strong network and can leverage it to generate leads and referrals.

• I am confident in my ability to meet the requirement of one current account compulsory.

• I am...read more

The number of monthly insurance policies I can do depends on various factors such as customer needs, policy type, and market conditions.

• The number of policies I can do varies depending on the type of policy and the customer's needs.

• Market conditions also play a role in determining the number of policies I can do.

• I can provide an estimate based on my experience and the current market conditions.

• For example, in a slow market, I may only be able to do a few policies per month, w...read more

To source business market, I would use a combination of networking, market research, and targeted advertising.

• Networking: Attend industry events, join professional organizations, and connect with potential clients on social media.

• Market research: Analyze industry trends, identify gaps in the market, and research competitors.

• Targeted advertising: Use social media ads, Google AdWords, and other targeted advertising methods to reach potential clients.

• Referrals: Ask current clien...read more

Savings account is for saving money and earning interest, while current account is for frequent transactions and has no interest.

• Savings account is meant for saving money and earning interest on the balance.

• Current account is meant for frequent transactions and has no interest on the balance.

• Savings account usually has a limit on the number of transactions per month.

• Current account usually has a higher minimum balance requirement than savings account.

• Examples of savings accou...read more

A bank is a financial institution that accepts deposits from the public and creates credit.

• Banks provide various financial services such as loans, credit cards, and savings accounts.

• They also facilitate transactions between individuals and businesses.

• Banks make money by charging interest on loans and by investing the deposits they receive.

• Examples of banks include JPMorgan Chase, Bank of America, and Wells Fargo.

Yes, I have a bike and a valid license.

• I own a bike and have a valid license to ride it.

• Having a bike and license allows me to travel easily for work.

• I am responsible and follow all traffic rules while riding my bike.

I am seeking new challenges and opportunities for growth in my career.

• Seeking new challenges and opportunities for growth

• Interested in expanding skill set and knowledge

• Looking for a more dynamic work environment

• Want to take on more responsibilities and leadership roles

NAV stands for Net Asset Value. It is the value of a mutual fund's assets minus its liabilities.

• NAV is used to determine the price of a mutual fund.

• It is calculated by dividing the total value of the fund's assets by the number of outstanding shares.

• NAV changes daily as the value of the fund's assets and liabilities change.

• Investors can buy and sell mutual fund shares at the NAV price.

• For example, if a mutual fund has assets worth $100 million and liabilities worth $10 millio...read more

Handling sales pressure requires effective time management, setting realistic goals, maintaining a positive mindset, and seeking support when needed.

• Prioritize tasks and manage time efficiently to meet deadlines

• Set realistic sales goals and break them down into smaller achievable targets

• Maintain a positive mindset and focus on the long-term benefits of meeting sales targets

• Seek support from colleagues or mentors to share experiences and strategies

• Practice stress management te...read more