Question
If a bank repositions itself from “low-cost bank” to
“value-added service bank,” it is primarily changing:Solution
Repositioning changes how customers perceive the brand in their minds. Why others are incorrect: Product features may remain same; Price may not change; Distribution relates to channels; Market development is geographic expansion. Banking Example: Shifting communication from low fees to premium advisory services.
‘Bima Ratna’ a savings life insurance plan is being launched by which of the following insurance companies?
What is the purpose of the Viability Gap Funding (VGF) scheme approved for offshore wind energy projects?
A 369, foot tall statue of Lord Shiva called Vishwas Swaroopam has been built in which state of India?
Mohan Juneja passed away recently, he hails from which profession?
The Rajasthan State government announced an increase in the annual honorarium paid to farmers under the Kisan Samman Nidhi. By how much has the honorari...
A 3-day international literary festival, Unmesh kicked off from 16th June at which place in India?
Which country experienced a 12% decline in remittances to USD 27 billion in 2023 due to internal economic difficulties?
Pilibhit forests area was declared as the 46th Tiger reserve of India in which of the following year?
The Lock City of India is known as which of the following district of Uttar Pradesh
What is the primary purpose of the WEIDE fund launched by the WTO and ITC?
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