Question
If a bank reduces loan processing fees temporarily
during a festive season to boost applications, it is using:Solution
Sales promotion uses short-term incentives (like fee waivers) to stimulate immediate demand. Why Other Options Are Incorrect ā¢ A: Builds image, not immediate sales. ā¢ C: Communication channel, not incentive. ā¢ D: One-to-one selling activity. ā¢ E: High introductory pricing strategy. Banking Example: Zero processing fee on car loans during Diwali.
The term CHIPS stands for:Ā
Which of the following is a feature of a defined contribution pension plan?
1) Guaranteed payout at retirement
2) Employee bears the inves...
FCCB is a type of Bond. What does second āCā in FCCB denote?
The rate of interest equalization for Manufacturers and Merchant Exporters under the interest Equalization Scheme for Pre and Post Shipment Rupee Export...
Under the RBI circular titled āParticipation of Standalone Primary Dealers in Non-deliverable Rupee Derivative Marketsā, Standalone Primary Dealers ...
Which of the following is not a Pillar concept of Basel accords?
Consider the following statements:
1)India has the largest emigrant population and is the top remittance recipient country.
2)Remittances ...
Which of the following best describes the objective of liquidity management?
What is the primary objective of the Basel III norms for banks?
Which of the following are the components that are required to be estimated for credit risk quantification?
1. Probability of default
2. E...
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