HSBC Global Markets SA

So I am filling out an online application for the HSBC global markets summer internship and in one section they have they all these competency short answer questions (e.g. "Describe a time when you have presented a persuasive argument ....." or "Describe a time when you have successfully solved a challenging problem or overcome a difficult situation using your initiative...."). I am wondering is anyone actually going to read these answers or is it just another hoop to jump through?

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