Deputy Product Manager

Deputy Product Manager Interview Questions and Answers for Freshers

Updated 10 Aug 2023

Q1. Tell something about new product lifecycle

Ans.

New product lifecycle involves stages from ideation to launch, growth, maturity, and decline.

  • Idea generation and market research

  • Product development and testing

  • Product launch and marketing

  • Sales growth and market penetration

  • Product maturity and market saturation

  • Product decline and end-of-life decisions

Q2. Do you know how many branches Axis have

Ans.

Axis Bank has over 4,000 branches across India.

  • Axis Bank has a vast network of branches spread across India

  • As of now, Axis Bank has over 4,000 branches in the country

  • The bank continues to expand its branch network to reach more customers

Q3. Impact of digital banking on banking industry

Ans.

Digital banking has revolutionized the banking industry by offering convenient, accessible, and personalized services to customers.

  • Increased convenience for customers with 24/7 access to banking services

  • Cost savings for banks through reduced need for physical branches and staff

  • Enhanced security measures to protect customer data and transactions

  • Introduction of innovative services such as mobile payments, digital wallets, and robo-advisors

  • Improved customer experience through pe...read more

Q4. Views on Banking and Finance Sector

Ans.

I believe the banking and finance sector plays a crucial role in driving economic growth and providing financial services to individuals and businesses.

  • The banking and finance sector is essential for facilitating transactions, managing risks, and allocating capital efficiently.

  • Technological advancements have revolutionized the sector, leading to the rise of online banking, mobile payments, and digital currencies.

  • Regulatory frameworks play a key role in maintaining stability a...read more

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Deputy Production Manager 3-6 years
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Deputy Production Manager 10-15 years
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₹ 8 L/yr - ₹ 12 L/yr
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