Question
If a bank segments customers based on expected
profitability rather than age or income, it is using:Solution
Value-based segmentation classifies customers according to profitability or lifetime value contribution. Why others are incorrect: Demographic focuses on age/income; Behavioural focuses on usage patterns; Geographic on location; Undifferentiated ignores segmentation. Banking Example: Classifying customers as platinum, gold, silver based on revenue contribution.
What can a company formed under the Companies Act, which has no significant accounting transactions and is intended for a future project or asset holdin...
Which of the following best explains the concept of "Delegated Legislation"?
As per the Specific Relief Act when can section 8 of the Act be invoked ___
The Vigilance Commissioner may act as the Central Vigilance Commissioner when the office of CVC is vacant as per:Β
Under Section 24 of the Bharatiya Sakshya Adhiniyam, 2023, regarding confessions by co-accused in joint trials, which of the following statements is MOS...
As per the Insurance Act what is "health insurance business"?
Which of the following is a valid offer?
What is the time period by which the Adjudicating Authority may by order extend the duration of corporate insolvency resolution process beyond one hundr...
The Pension Fund Regulatory and Development Authority Act, 2013 came into force on ____________
Under theBharatiya Nyaya Sanhita, which of the following constitutes an act of defamation?