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Aadhar housing finance ltd. Interview Questions and Answers
Ques:- An asteroid is going to hit the earth and destroy 100% of it. You have several options: create a missile to destroy it (blowing it into several particles which will still impact the earth but destroy only 50%), or create a missile to push it out of the way (this only has a 50% chance of working though). Which alternative do you pick?
Right Answer:
I would choose to create a missile to push it out of the way, as it has a chance to completely avoid the impact.
Ques:- A bank has a new credit card product. How would you price it?
Right Answer:
To price a new credit card product, consider the following factors:

1. **Cost Analysis**: Calculate the costs associated with issuing and managing the card, including operational costs, marketing, and customer service.

2. **Market Research**: Analyze competitors' pricing strategies and features to understand market standards and customer expectations.

3. **Target Audience**: Identify the target demographic and their willingness to pay for specific features or benefits.

4. **Risk Assessment**: Evaluate the credit risk associated with potential customers and adjust pricing to mitigate losses from defaults.

5. **Value Proposition**: Determine the unique features of the card (e.g., rewards, cashback, travel benefits) and price it based on the perceived value to customers.

6. **Regulatory Compliance**: Ensure pricing adheres to legal and regulatory requirements in the banking industry.

7. **Feedback Loop**: After launch, gather customer feedback and monitor usage patterns to adjust pricing as necessary.

Set an introductory rate or promotional offers to attract
Ques:- Should a car auction company in US hold a special, one-day antique car auction event?
Right Answer:
Yes, a car auction company in the US should hold a special, one-day antique car auction event to attract collectors and enthusiasts, potentially increasing sales and brand visibility.
Ques:- Please estimate the total revenue of [a particular juice brand] from the Swedish market who has a 10% market share. You have 5 minutes?
Right Answer:
To estimate the total revenue of the juice brand in the Swedish market, you need to know the total market size for juice in Sweden. If we assume the total market size is, for example, 1 billion SEK, then with a 10% market share, the revenue would be 100 million SEK. Please replace the market size with the actual figure if known.
Ques:- Why this company and not any other with the same work field?
Right Answer:
I am drawn to this company because of its strong reputation for innovation and commitment to employee development. I admire your focus on collaboration and sustainability, which aligns with my values and career goals. I believe I can contribute meaningfully to your team and grow alongside the company.
Comments
DHIVYA BHARATHI.N Apr 2, 2022

i improve my skills and i see u r company feed back it all are good with your company so i can join ur company

Ques:- Why we hire you in our company?
Right Answer:
You should hire me because I have the skills and experience that match the job requirements, I am a quick learner, and I am committed to contributing positively to the team and the company's goals.
Comments
bandi rakesh Aug 14, 2022

as a student iam intrested in learning new things.as a fresher i learnt this subject theoretically and iam waiting for an oppurtunity to do them in practical way if you hire me then i will give my best to increase companies reputation

Ques:- How you had celebrated your last birthday?
Right Answer:
I celebrated my last birthday with a small gathering of friends and family at my home. We had dinner together, shared some laughs, and enjoyed a cake. It was a relaxed and joyful day.
Ques:- How do you present market research findings to stakeholders
Right Answer:
To present market research findings to stakeholders, I would:

1. **Summarize Key Insights**: Highlight the most important findings and trends.
2. **Use Visuals**: Incorporate charts, graphs, and infographics for clarity.
3. **Tailor the Message**: Adapt the presentation to the audience's interests and knowledge level.
4. **Provide Context**: Explain the methodology and relevance of the research.
5. **Encourage Discussion**: Allow time for questions and feedback to engage stakeholders.
Ques:- What is the difference between focus groups and interviews
Right Answer:
Focus groups involve a small group of people discussing a topic guided by a moderator, while interviews are one-on-one conversations between an interviewer and a participant.
Ques:- How do you conduct a market survey
Right Answer:
To conduct a market survey, follow these steps:

1. Define the objective: Determine what information you need.
2. Identify the target audience: Decide who you want to survey.
3. Choose the survey method: Select between online, phone, face-to-face, or mail surveys.
4. Design the questionnaire: Create clear and concise questions.
5. Collect data: Distribute the survey to your target audience.
6. Analyze the results: Review the responses and extract insights.
7. Report findings: Summarize the results and present them to stakeholders.
Ques:- What is sampling and what are the types of sampling techniques
Right Answer:
Sampling is the process of selecting a subset of individuals or items from a larger population to estimate characteristics of the whole population. The main types of sampling techniques are:

1. **Probability Sampling**: Each member of the population has a known chance of being selected. Types include:
- Simple Random Sampling
- Systematic Sampling
- Stratified Sampling
- Cluster Sampling

2. **Non-Probability Sampling**: Not all members have a known or equal chance of being selected. Types include:
- Convenience Sampling
- Judgmental Sampling
- Quota Sampling
- Snowball Sampling
Ques:- What is market research and why is it important
Right Answer:
Market research is the process of gathering, analyzing, and interpreting information about a market, including information about the target audience, competitors, and industry trends. It is important because it helps businesses understand customer needs, identify market opportunities, make informed decisions, and reduce risks associated with launching new products or services.
Ques:- Tell us about a time when you successfully led a team through a period of change
Right Answer:
In my previous role, our company underwent a major software transition. I led a team of five through this change by first organizing a meeting to discuss the new system and address concerns. I created a training schedule to ensure everyone felt comfortable with the new tools. I encouraged open communication, allowing team members to share their challenges and successes. As a result, we successfully implemented the new software on time, and team productivity improved by 20% within the first month.
Ques:- How do you handle shifting priorities or sudden changes in project requirements
Right Answer:
I handle shifting priorities by staying flexible and open to change. I prioritize tasks based on the new requirements, communicate with my team to ensure everyone is aligned, and adjust my workflow to accommodate the changes while maintaining focus on project goals.
Ques:- Tell us about a situation where you had to learn a new skill or technology quickly to succeed in your role
Right Answer:
In my previous job, I was assigned to a project that required knowledge of a new programming language, Python. I had only a basic understanding of it, so I dedicated a week to online courses and tutorials. I practiced by building small projects and sought help from colleagues who were experienced in Python. By the end of the week, I was able to contribute effectively to the project, and we successfully met our deadlines.
Ques:- How do you prioritize tasks when everything seems urgent and subject to change
Right Answer:
I prioritize tasks by assessing their impact and urgency. I use a matrix to categorize them into four quadrants: urgent and important, important but not urgent, urgent but not important, and neither. I focus on completing tasks in the first two categories first. I also stay flexible and regularly reassess priorities as new information comes in or situations change.
Ques:- Can you describe a time when you had to quickly adapt to a significant change at work
Right Answer:
In my previous job, our team had to switch to a new project management tool with little notice. I quickly learned the new software by attending training sessions and exploring its features. I also helped my teammates by sharing tips and creating a guide, which helped us transition smoothly and maintain our productivity.
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