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      Question

      When a bank offers different loan tenures and EMI

      options to suit varied income groups, it is strengthening:
      A Promotion Correct Answer Incorrect Answer
      B Place Correct Answer Incorrect Answer
      C Product Correct Answer Incorrect Answer
      D Price discrimination Correct Answer Incorrect Answer
      E Harvesting Correct Answer Incorrect Answer

      Solution

      Modifying tenure and EMI flexibility changes product features to meet diverse needs. Why others are incorrect: Promotion relates to communication; Place relates to distribution; Price discrimination changes interest rates, not tenure structure; Harvesting is decline strategy. Banking Example: 10-year vs 20-year home loan options.

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