Preview Questions Relationship Manager | Role Specific Skill

Question 1: When managing multiple accounts, how do you ensure that you maintain a personalized service experience for each customer while managing your workload?

Which action should you take?

Choose only one option

Delegate all tasks to team members and monitor their performance

Focus only on high-value clients and limit interactions with others

Handle each customer as an anonymous case for efficiency

Use a CRM system to track preferences and customize interactions

Question 2: What is the key advantage of incorporating alternative investments (like real estate or private equity) into a client's portfolio?

Which action should you take?

Choose only one option

To generate higher returns without regard to risk

To increase liquidity and flexibility

To enhance diversification and reduce risk

To focus on short-term capital gains

Question 3: When a client inquires about mutual funds, what is the main factor to consider when recommending a growth-focused fund?

Which action should you take?

Choose only one option

The fund should focus on short-term returns and have minimal risk exposure

The fund's portfolio should include high-growth stocks and have a riskier, long-term growth strategy

The fund should emphasize bond investments to reduce volatility

The fund should be heavily diversified with stable dividend-paying stocks

Question 4: Which financial product is most suitable for a client seeking both life insurance and investment benefits in BFSI?

Which action should you take?

Choose only one option

Whole life insurance

Unit-linked insurance plans (ULIPs)

Endowment policies

Term life insurance

Question 5: What is the primary purpose of conducting a Monte Carlo simulation in portfolio management?

Which action should you take?

Choose only one option

To predict market trends based on past data

To simulate a range of potential outcomes for a portfolio's performance

To calculate the historical return of individual assets

To determine the correlation between assets in the portfolio

Question 6: Which of the following characteristics makes a structured note more complex than a traditional bond?

Which action should you take?

Choose only one option

It often includes embedded derivatives like options and swaps that can change the risk profile

It offers guaranteed returns, unlike traditional bonds

It is backed by real estate assets, making it more secure

It is issued only by government entities, offering lower risk