Question
Which of the following best represents the “Augmented
Product” level in banking?Solution
The augmented product includes additional services and benefits that enhance customer satisfaction beyond the core offering. Core = financial assistance Actual = interest rate, EMI, documentation Augmented = support services, digital tracking, advisory help Why Other Options Are Incorrect • A: Core benefit (loan amount) • B: Part of actual product • C: Core product • E: Product feature, not augmentation Banking Example: Loan status tracking via mobile app is an augmented benefit.
INQUISITIVE
...The longevity (A) of the product is also assured (B) as the gold is plated (C) rather than applied as a coated (D) .
...Find out the wrongly spelt word.
Identify the incorrect pair:
Select the most appropriate synonym of the given word.
Apposite
The team made a valiant effort to win the match despite their injuries.
The ominous clouds signaled an approaching storm.
Choose the synonym of Asperity.Â
Something which is likely to decay quickly
elude