MEDIUM
Insurance
IMPORTANT
Earn 100
Out of the following …..is not an objective of pricing.
50% studentsanswered this correctly
Important Questions on Insurance Knowledge
HARD
Insurance
IMPORTANT
A bank has a special product for senior citizens which provides cheque book on saving account with customer name on cheque book, free of cost debit card with over draft facility of Rs.15,000 a special punch for holding passbook, cheque book and debit card facility for withdrawal and deposits at any branch of the bank, free of cost remittance to any branch of another bank covered under RTGS facility.
Which of the following is the core product in this of offering?
HARD
Insurance
IMPORTANT
Which of the following pricing strategies is not ideal for new products?
HARD
Insurance
IMPORTANT
A _____ discount is offered by the seller to _____ intermediary who performs functions like selling, storing and record keeping.
HARD
Insurance
IMPORTANT
In market skimming pricing strategy:
EASY
Insurance
IMPORTANT
Bank of Mathura is offering 1% higher interest rate on fixed deposits to senior citizens of 60 years and above. It is:
EASY
Insurance
IMPORTANT
With _____ pricing, the products are priced below list price (or even below cost) for a temporary period to create buying urgency.
EASY
Insurance
IMPORTANT
Which of the following pricing methods, is not a cost-based method?
MEDIUM
Insurance
IMPORTANT
In marketing 'Initiator' is a term which describes:
