Relationship Associate

10+ Relationship Associate Interview Questions and Answers

Updated 10 Feb 2025
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Q1. What do you know about life insurance

Ans.

Life insurance is a contract between an insurer and a policyholder, where the insurer guarantees payment of a death benefit to named beneficiaries upon the death of the insured.

  • Life insurance provides financial protection to the family of the insured in case of their untimely death

  • There are different types of life insurance policies such as term life, whole life, and universal life

  • Premiums for life insurance policies are based on factors such as age, health, and lifestyle

  • Life...read more

Q2. How to increase level for tiling work

Ans.

To increase the level for tiling work, follow these pointers:

  • Ensure the surface is clean and free of debris

  • Use a leveling compound to fill in any uneven areas

  • Use a straightedge or level to check for any high or low spots

  • Adjust the substrate if necessary

  • Use spacers to maintain consistent spacing between tiles

  • Regularly check the level as you progress with the tiling

  • Use a tile leveling system for larger areas

  • Apply the adhesive evenly and comb it with a notched trowel

  • Press the ti...read more

Relationship Associate Interview Questions and Answers for Freshers

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Q3. What is your knowledge regarding discount calculations?

Ans.

Knowledge of discount calculations is essential for determining final prices and maximizing savings.

  • Understanding the formula for calculating discounts (e.g. Discount = List Price x Discount Rate)

  • Ability to calculate discounts in various scenarios such as percentage discounts, fixed amount discounts, and combination discounts

  • Knowledge of how to apply discounts to determine final prices

  • Familiarity with common discount terminology like markdowns, sale prices, and clearance disc...read more

Q4. How to measure polish of door frame

Ans.

The polish of a door frame can be measured by assessing its smoothness, shine, and absence of imperfections.

  • Inspect the surface of the door frame for any scratches, dents, or rough patches.

  • Check the level of shine on the frame by observing how well it reflects light.

  • Run your hand along the frame to feel for any roughness or unevenness.

  • Compare the door frame to a standard of high polish to determine its level of polish.

  • Use a polishing cloth or product to enhance the shine and ...read more

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Q5. How to create new leads in banks

Ans.

Creating new leads in banks involves networking, referrals, events, and digital marketing strategies.

  • Utilize networking events to connect with potential clients and generate leads.

  • Encourage existing clients to refer friends and family to the bank.

  • Host financial education seminars or workshops to attract new leads.

  • Implement digital marketing strategies such as social media advertising and email campaigns.

  • Collaborate with local businesses or organizations for cross-promotion op...read more

Q6. What do you understand by Automotive industry

Ans.

The automotive industry refers to the production and sale of vehicles, including cars, trucks, and motorcycles.

  • Includes manufacturing, sales, and maintenance of vehicles

  • Involves various sectors such as design, engineering, and marketing

  • Major players include companies like Ford, Toyota, and General Motors

  • Constantly evolving with advancements in technology like electric vehicles and autonomous driving

  • Global industry with significant economic impact

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Q7. Tell me about banking and banassurance

Ans.

Banking involves financial services like deposits, loans, and investments, while bancassurance is the selling of insurance products through banks.

  • Banking includes services like savings accounts, loans, and investments

  • Bancassurance is the distribution of insurance products through banks

  • Bancassurance allows banks to offer insurance products to their customers, increasing revenue and customer loyalty

Q8. How will you solve customer issues

Ans.

I will listen to the customer, empathize with their situation, offer solutions within company guidelines, and follow up to ensure satisfaction.

  • Listen actively to understand the customer's issue

  • Empathize with the customer's situation to show understanding and build rapport

  • Offer solutions within company guidelines to resolve the issue effectively

  • Follow up with the customer to ensure their satisfaction and address any further concerns

Relationship Associate Jobs

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Relationship Associate - Group Business 0-5 years
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Relationship Associate - Bancassurance 1-2 years
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Q9. How can you help zomato grow

Ans.

I can help Zomato grow by building strong relationships with restaurants, improving customer satisfaction, and increasing sales.

  • Developing partnerships with new restaurants to expand Zomato's network

  • Implementing marketing strategies to attract more customers to the platform

  • Collecting feedback from users to enhance the overall dining experience

  • Analyzing data to identify trends and opportunities for growth

  • Providing excellent customer service to retain existing clients

Q10. What is fund accounting

Ans.

Fund accounting is a specialized form of accounting used by non-profit organizations and government agencies to track and manage funds separately for specific purposes.

  • Fund accounting involves tracking and reporting on funds designated for specific purposes or programs.

  • It ensures that funds are used in accordance with donor restrictions or government regulations.

  • Examples include tracking donations for a specific project or program, or managing government grants for specific i...read more

Q11. What is life insurance

Ans.

Life insurance is a financial product that provides a lump sum payment to beneficiaries upon the insured person's death.

  • Provides financial protection for loved ones in case of the insured's death

  • Can help cover funeral expenses, pay off debts, or replace lost income

  • Premiums are paid regularly to maintain coverage

  • Different types include term life, whole life, and universal life insurance

Q12. Tell me Brand names

Ans.

Brand names are names given to products or services by a company to distinguish them from competitors.

  • Apple (technology)

  • Nike (sportswear)

  • Coca-Cola (beverages)

Q13. Longform of JSW

Ans.

JSW stands for JavaScript Web

  • JSW is a common acronym used in the tech industry

  • It refers to JavaScript used for web development

  • JSW is essential for creating interactive and dynamic web pages

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