Preview Questions Business Development Executive | Role Specific Skill

Question 1: Which of the following KPIs (Key Performance Indicators) should be prioritized for effective client acquisition in BFSI?

Which action should you take?

Choose only one option

Product availability without focusing on lead quality

The number of cold calls made per day

Brand awareness without tracking actual sales metrics

Lead conversion rate, client retention, and cost per acquisition

Question 2: What strategy would you use to assess the potential for digital banking services in a region with low digital adoption?

Which action should you take?

Choose only one option

Only focus on existing digital banks' performance in the region

Ignore regional challenges and only consider global trends

Focus on the general market trends in digital adoption

Study customer behavior through focus groups and pilot programs

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 should a Business Development Executive approach client referrals in BFSI?

Which action should you take?

Choose only one option

By ignoring referrals in favor of new client acquisition methods

By offering incentives for referrals and providing excellent service to existing clients

By asking for referrals only after a contract is signed

By focusing only on direct sales without asking for client referrals

Question 5: How should a Business Development Executive analyze customer segmentation in BFSI?

Which action should you take?

Choose only one option

By assuming all customers within the same age group have identical needs

By using only transaction data and ignoring customer feedback

By using demographic, behavioral, and psychographic data to categorize customers

By focusing only on geographic location without additional segmentation

Question 6: What is the most effective way to use webinars for lead generation in the BFSI industry?

Which action should you take?

Choose only one option

Conduct industry-specific webinars with valuable content and strong CTAs

Limit the number of attendees to maintain exclusivity

Focus solely on promoting your products during the webinar

Offer generic webinars with no specific target audience