Preview Questions Business Development Executive | Role Specific Skill

Question 1: Which data analytics technique is crucial for identifying high-potential leads in BFSI?

Which action should you take?

Choose only one option

Predictive analytics to score and prioritize leads based on behavior and demographic data

Focusing only on lead volume rather than lead quality

Using historical data alone to identify potential clients

Random sampling of prospects without analyzing customer behavior

Question 2: In terms of marketing strategy for BFSI products, how do you measure the effectiveness of your campaigns?

Which action should you take?

Choose only one option

By the number of social media interactions and followers

By customer acquisition cost (CAC), return on investment (ROI), and conversion rate

Focus only on the total number of website visits

By the number of leads generated, regardless of quality

Question 3: What is the most effective approach for acquiring high-net-worth clients in BFSI?

Which action should you take?

Choose only one option

Networking through industry events

Focused cold calling campaigns

Offering customized financial solutions

Mass marketing through digital platforms

Question 4: How would you evaluate the customer satisfaction levels in a new market for BFSI products?

Which action should you take?

Choose only one option

Focus only on online reviews and social media mentions

Ignore feedback from existing clients and focus on prospects

Rely on anecdotal feedback from a few clients

Use customer satisfaction surveys and Net Promoter Score (NPS)

Question 5: What is the best way to follow up after meeting someone important at a BFSI networking event?

Which action should you take?

Choose only one option

Send a generic email thanking them for their time

Wait for them to contact you

Send an immediate promotional offer without further engagement

Personalize the follow-up by referencing specific points discussed and proposing a value-add

Question 6: What is a key consideration when generating leads through partnerships in BFSI?

Which action should you take?

Choose only one option

Sharing customer data legally

Avoiding overlap in service offerings

Ensuring compliance with banking regulations

Defining clear revenue-sharing agreements