Question
On 22nd May 2023, which bank has introduced
live chat over video and web as customer service channels in India?Solution
As per the information given below, the correct answer is option D. Bank of Baroda has introduced two new customer service channels - live chat over video and web for customers to interact with the bank. The bank is the first PSU lender in India to offer live video calling through BoB Video Chat and live web chat through BoB Live Chat on its website. In addition, the bank has launched a single 8-digit toll-free number, 1800 5700, which is available around the clock on all days, 24x7x365 in 11 languages. BoB Video Chat and BoB Live Chat are available only during business hours, from 10:00 AM to 6:00 PM, and customers can have all their non-financial queries addressed through these channels.
The statement, "The elasticity of demand may be defined as the percentage change in quantity demanded which would result from 1 percent change in price"...
 The above curve is a
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
Who introduced the concept of elasticity of demand?
When the economist speaks of an increase in demand, he is usually referring to a ____________________
Pricing decision includes
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to
Movement along a demand curve as a result of change in price is known asÂ
Under price discrimination, price will be higher in the market where demand is
Shifts in demand curve as shown in the figure below represents
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