Question
Up to what maximum amount can the Reserve Bank increase
the minimum authorized capital of the credit information company as per the Credit Information Companies (Regulation) Act?Solution
Section 8. Requirement as to minimum capital—(1) The authorised capital of every credit information company shall be a minimum of thirty crores: Provided that the Reserve Bank may, by notification, increase the minimum amount of authorised capital to any amount not exceeding fifty crores.
SBUs with high growth rate and low relative market share are called ___________.
A bank focusing only on high-income urban clients while ignoring rural customers is practicing:
Which digital marketing metric directly measures percentage of users who completed loan application after clicking advertisement?
CRM helps banks to:
Consumers are able to search for, evaluate, and order products through the Internet. This type of shopping occurs through:
Which of the following is a special kind of price?
When a bank withdraws an unprofitable product to focus resources elsewhere, it is following:
As a performance measure, share of voice is
If interest rate reductions fail to increase loan demand, it may indicate:
The key difference between marketing and selling lies in the focus on:
