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    Question

    A bank studies RBI publications and industry reports

    before launching a new loan product. This is an example of:
    A Primary research Correct Answer Incorrect Answer
    B Secondary research Correct Answer Incorrect Answer
    C Observational research Correct Answer Incorrect Answer
    D Experimental research Correct Answer Incorrect Answer
    E Field research Correct Answer Incorrect Answer

    Solution

    Secondary research uses already available published data. Why Other Options Are Incorrect • A: First-hand data collection. • C: Watching behavior. • D: Controlled experiments. • E: Field surveys. Banking Example: Using RBI credit growth reports to design lending strategy.

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