Do most banks offer the same products and services to their customers?

Do most banks offer the same products and services to their customers?
by

1 Answer

Answer :

In general banks lend money and pay interest on savings. The large banks often are in insurance and fiancial planning as well, thus some banks do more than normal banking activities.
by

Related questions

Select the most accurate statement. Value is ----------- : A. Means value for money B. Is best described as the benefits the business chooses to give to customers through it’s products / services C. Is the benefits of a product / service as perceived by the customer D. Does not offer competitive advantage

Description : Select the most accurate statement. Value is ----------- : A. Means value for money B. Is best described as the benefits the business chooses to give to customers through it's ... Is the benefits of a product / service as perceived by the customer D. Does not offer competitive advantage

Last Answer : Is the benefits of a product / service as perceived by the customer

How can you exceed your customer's expectations? A. By changing the appearance of the product regularly B. By providing something unique in the way you offer the service, either in the nature of the service or the energy with which you offer it C. By providing huge discounts on your products or services D. By placing reviews prominently on your website

Description : How can you exceed your customer's expectations? A. By changing the appearance of the product regularly B. By providing something unique in the way you offer the service, either in the ... By providing huge discounts on your products or services D. By placing reviews prominently on your website

Last Answer : B. By providing something unique in the way you offer the service, either in the nature of the service or the energy with which you offer it

Does Toyota Financial Services offer good plans for their customers?

Description : Does Toyota Financial Services offer good plans for their customers?

Last Answer : Yes. Today there are many companies which have been set up for financing. They offer various plans and packages which are really beneficial in all aspects.

Companies with this strategy state their vision as follows: Low priced products for the whole industry, our brands offer solid value. Our primary stakeholders and bondholders, customers, stockholders and management. a. Niche Cost Leader b. Cost leader with Product Life Cycle Focus c. Differentiation Strategy with a Product Life Cycle Focus d. Broad Cost Leader e. Broad Differentiatio

Description : Companies with this strategy state their vision as follows: Low priced products for the whole industry, our brands offer solid value. Our primary stakeholders and bondholders, customers, stockholders and ... Strategy with a Product Life Cycle Focus d. Broad Cost Leader e. Broad Differentiatio

Last Answer : d. Broad Cost Leader

Does Comcast offer a bundled services package for new customers?

Description : Does Comcast offer a bundled services package for new customers?

Last Answer : Comcast offers many plans of services including to new customers deals that they will allow you to have more.

Many companies are moving to a new level in creating value for their customers. They are developing and deliveri are developing and delivering total customer experi ng total customer experiences. Whereas products are Whereas products are tangible tangible and services are intangible, experiences are _____. a. product quality b. memorable memorable c. unsought product d. internal marketing

Description : Many companies are moving to a new level in creating value for their customers. They are developing and deliveri are developing and delivering total customer experi ng total customer experiences. Whereas ... _____. a. product quality b. memorable memorable c. unsought product d. internal marketing

Last Answer : b. memorable memorable

__________ is adding new, unrelated products or services for present customers. a. Concentric diversification b. Horizontal diversification c. Conglomerate diversification d. Product development

Description : __________ is adding new, unrelated products or services for present customers. a. Concentric diversification b. Horizontal diversification c. Conglomerate diversification d. Product development

Last Answer : Horizontal diversification

Which of Which of the following activ ng activities is not a direct responsi esponsibility of operati operations management? a. Planning Planning & controlling controlling the operations operations b. Designing the operation’s products, services & Designing the operation’s products, services & processes c. Developing an Developing an operations operations strategy strategy for the operation operation d. Determining the exact mix of products & services that customers will want

Description : Which of Which of the following activ ng activities is not a direct responsi esponsibility of operati operations management? a. Planning Planning & controlling controlling the operations operations b ... operation operation d. Determining the exact mix of products & services that customers will want

Last Answer : d. Determining the exact mix of products & services that customers will want

Marketing management is ________. A. Managing the marketing process B. Monitoring the profitability of the company’s products and services C. Selecting target markets D. Developing marketing strategies to move the company forward E. The art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value

Description : Marketing management is ________. A. Managing the marketing process B. Monitoring the profitability of the company's products and services C. Selecting target markets D. Developing ... , keeping, and growing customers through creating, delivering, and communicating superior customer value

Last Answer : E. The art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value

The fact that organisational customers purchase products to be used directly or indirectly in the production of goods and services to satisfy customers' needs means that demand for industrial products is: A)joint B)economically stable C)derived D)inelastic E)more fluctuating

Description : The fact that organisational customers purchase products to be used directly or indirectly in the production of goods and services to satisfy customers' needs means that demand for industrial products is: A)joint B)economically stable C)derived D)inelastic E)more fluctuating

Last Answer : C)derived

A business cannot be all things to all people. Instead, a business must: a. Identify target customers b. Identify the value of products/services as perceived by customers c. all of the above d. None of the above

Description : A business cannot be all things to all people. Instead, a business must: a. Identify target customers b. Identify the value of products/services as perceived by customers c. all of the above d. None of the above

Last Answer : c. all of the above

An operations manager is not likely to be involved in….. (a) the design of products and services to satisfy customers' wants and needs (b) the quality of products and services to satisfy customers' wants and needs (c) the identification of customers' wants and needs ; (d) forecasting sales

Description : An operations manager is not likely to be involved in….. (a) the design of products and services to satisfy customers' wants and needs (b) the quality of products and services to satisfy customers' wants and needs (c) the identification of customers' wants and needs ; (d) forecasting sales

Last Answer : (c) the identification of customers' wants and needs ;

Credit Unions are better than banks because credit union are more tailored to their customers.?

Description : Credit Unions are better than banks because credit union are more tailored to their customers.?

Last Answer : Credit Unions are better than banks because credit union are more tailored to their customers.

Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Description : Bank Rate refers to the interest rate at which - (1) Commercial banks receive deposits from the public (2) Central bank gives loans to Commercial banks (3) Government loans are floated (4) Commercial banks grant loans to their customers

Last Answer : (2) Central bank gives loans to Commercial banks Explanation: Bank rate is the interest rate at which a nation's central bank lends money to domestic banks. Often these loans are very short in duration.

The interest rate charged by banks on short term loans to their largest, most secure and most creditworthy customers is called _______

Description : The interest rate charged by banks on short term loans to their largest, most secure and most creditworthy customers is called _______

Last Answer : Prime lending rate

What products and services does AOL offer?

Description : What products and services does AOL offer?

Last Answer : internet accessï ½ with this you get an email account and an instant messaging system. It is secure also. They have personal firewall, virus and spyware blockers, popup blockers and spam controls, ... programs, AOL video, AOL radio and a desktop feature to promote easier access to your computer.

The best way to promote a business with social media is *  To advertise your company, services, and products  To collect as many contacts as possible  Offer a lot of helpful and free information  Invite potential clients to visit your website

Description : The best way to promote a business with social media is *  To advertise your company, services, and products  To collect as many contacts as possible  Offer a lot of helpful and free information  Invite potential clients to visit your website

Last Answer :  Offer a lot of helpful and free information

Way promote a business with social media is__________ A.your company, services, and products B.many contacts as possible C. Offer a lot of helpful D.potential clients to visit your website Answer: C

Description : Way promote a business with social media is__________ A.your company, services, and products B.many contacts as possible C. Offer a lot of helpful D.potential clients to visit your website Answer: C

Last Answer : C. Offer a lot of helpful

What do banks do with the deposits they accept from customers ? -SST 10th

Description : What do banks do with the deposits they accept from customers ? -SST 10th

Last Answer : Banks use most of the deposits to extend loans to people.

In a Bank’s database, there are two tables ‘Customer’ and ‘Transaction’ as shown below. Write a query to display customer’s name who has -Technology

Description : In a Bank’s database, there are two tables ‘Customer’ and ‘Transaction’ as shown below. Write a query to display customer’s name who has -Technology

Last Answer : (i) Select cust_name from customer c,transaction t where c.Acc_No=t.Acc_No and Transaction_Type= 'Debit';(ii)Select cust_name, t.* from customer c, transaction t where c.Acc_No=t.Acc_No;(iii) ... total amount of all type of transactions, it will only display the total of credit transactions only.

What is the role of "Ombudsman" in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To inspect the internal working of the branches. (4) To monitor the poverty alleviation programmes under-taken by or implemented by the bank.

Description : What is the role of "Ombudsman" in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To ... the branches. (4) To monitor the poverty alleviation programmes under-taken by or implemented by the bank.

Last Answer : (1) To provide quality and speedy redressal of grievances of customers. Explanation: The Banking Ombudsman Scheme enables an expeditious and inexpensive forum to bank customers for resolution of complaints relating ... Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.

Kotak Mahindra Bank has enabled which of the following banks online shopping portal on its mobile banking app to provide seamless shopping experience for its customers? A) Flipkart B) Snapdeal C) Amazon India D) Ebay India E) Mytra

Description : Kotak Mahindra Bank has enabled which of the following banks online shopping portal on its mobile banking app to provide seamless shopping experience for its customers? A) Flipkart B) Snapdeal C) Amazon India D) Ebay India E) Mytra

Last Answer : A) Flipkart Explanation: Private sector lender Kotak Mahindra Bank has enabled online shopping portal Flipkart in its mobile banking application in order to ensure a seamless shopping experience for its ... mode. Through this integration the bank will try to solve that problem for our customers.

Sub-prime lending refers to ________ A. lending done by banks at rates below PLR B. Funds raised by the banks at sub-libor rates C. Group of banks which are not rated as prime banks as per Banker‘s Almanac D. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards E. All of the Above

Description : Sub-prime lending refers to ________ A. lending done by banks at rates below PLR B. Funds raised by the banks at sub-libor rates C. Group of banks which are not rated as ... institutions including banks to customers not meeting with normally required credit appraisal standards E. All of the Above

Last Answer : D. lending done by financing institutions including banks to customers not meeting with normally required credit appraisal standards Explanation: In finance, subprime lending (also referred to ... schedule, sometimes reflecting setbacks, such as unemployment, divorce, medical emergencies, etc.

For customers of how many banks, the UPI mobile application is going to launch in the first phase? A) 21 B) 19 C) 15 D) 25 E) None of these

Description : For customers of how many banks, the UPI mobile application is going to launch in the first phase? A) 21 B) 19 C) 15 D) 25 E) None of these

Last Answer : A) 21 Explanation: According to NPCI, the UPI application of 19 banks can be downloaded from Google Play Store in next two to three working days. The list of banks providing the app on Google ... k The customers of IDBI Bank and RBL Bank can download any UPI enabled apps and link their account.

Why banks having less focus on customer although they use direct marketing ? 1. Due to lack of appreciation of need for marketing in banking 2. Banks do not need customers much 3. Direct marketing never gives importance to customers 4. Banks need money than customers 5. None of these

Description : Why banks having less focus on customer although they use direct marketing ? 1. Due to lack of appreciation of need for marketing in banking 2. Banks do not need customers much 3. Direct marketing never gives importance to customers 4. Banks need money than customers 5. None of these

Last Answer : Due to lack of appreciation of need for marketing in banking

Marketing in Banks is required for ? 1. Getting new customers 2. Retaining existing customers 3. Lending 4. D) Accepting of deposits 5. All of these

Description : Marketing in Banks is required for ? 1. Getting new customers 2. Retaining existing customers 3. Lending 4. D) Accepting of deposits 5. All of these

Last Answer : All of these

What is 'Bank rate'? a) The rate at which commercial banks borrow money from RBI b) The rate at which commercial banks lend money to customers c) The rate at which commercial banks lend money to RBI d) none of the above

Description : What is 'Bank rate'? a) The rate at which commercial banks borrow money from RBI b) The rate at which commercial banks lend money to customers c) The rate at which commercial banks lend money to RBI d) none of the above

Last Answer : a) The rate at which commercial banks borrow money from RBI Bank rate is the rate at which commercial banks can borrow money from the RBI. If the rate is higher, then taking money from RBI becomes difficult, so the banks will lend less to public. And vice-versa.

What is the Cash Reserve Ratio (CRR)? a) the fraction of the deposits that commercial banks lend to the customers b) the fraction of the deposits that RBI must keep with commercial banks c) the fraction of the deposits that commercial banks must keep with RBI d) none of the above

Description : What is the Cash Reserve Ratio (CRR)? a) the fraction of the deposits that commercial banks lend to the customers b) the fraction of the deposits that RBI must keep with commercial banks c) the fraction of the deposits that commercial banks must keep with RBI d) none of the above

Last Answer : c) the fraction of the deposits that commercial banks must keep with RBI

What is the reserve deposit ration (rdr)? a) the proportion of money RBI lends to commercial banks b) the proportion of total deposits commercial banks keep as reserves c) the total proportion of money that commercial banks lend to the customers d) none of the above

Description : What is the reserve deposit ration (rdr)? a) the proportion of money RBI lends to commercial banks b) the proportion of total deposits commercial banks keep as reserves c) the total proportion of money that commercial banks lend to the customers d) none of the above

Last Answer : b) the proportion of total deposits commercial banks keep as reserves

In electronic cheque payments developed, it is assumed that most of the transactions will be a. customers to customers b. customers to business c. business to business d. banks to banks

Description : In electronic cheque payments developed, it is assumed that most of the transactions will be a. customers to customers b. customers to business c. business to business d. banks to banks

Last Answer : c. business to business

What is the role of “Ombudsman” in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To inspect the internal working of the branches. (4) To monitor the poverty alleviation programmes undertaken by or implemented by the bank.

Description : What is the role of Ombudsman in a bank? (1) To provide quality and speedy redressal of grievances of customers. (2) To provide suggestions for innovative schemes in the banks. (3) To ... of the branches. (4) To monitor the poverty alleviation programmes undertaken by or implemented by the bank.

Last Answer : To provide quality and speedy redressal of grievances of customers.

Treating of the market as a homogenous group and offering the same services to all customers is a ______ 1. Mass marketing 2. Segment marketing 3. Local marketing 4. Group marketing 5. None of these

Description : Treating of the market as a homogenous group and offering the same services to all customers is a ______ 1. Mass marketing 2. Segment marketing 3. Local marketing 4. Group marketing 5. None of these

Last Answer : Mass marketing

What are some of the grocery stores that offer home delivery for their customers?

Description : What are some of the grocery stores that offer home delivery for their customers?

Last Answer : I know of a few stores that offer online delivery. You can get groceries delivered to you from Vons or Schwan's.

As an incentive for customers to pay their accounts promptly, a business may offer its customers a. a sales discount. b. free delivery. c. a sales allowance. d. a sales return.

Description : As an incentive for customers to pay their accounts promptly, a business may offer its customers a. a sales discount. b. free delivery. c. a sales allowance. d. a sales return.

Last Answer : a. a sales discount.

The marketing conept is a philosophy that states that an organization should try to satisfy customers needs and at the same time : 1. Increase market share2. Increase sales 3. Achive the organization's goals 4. Always produce high quality products 5. None of these

Description : The marketing conept is a philosophy that states that an organization should try to satisfy customers needs and at the same time : 1. Increase market share 2. Increase sales 3. Achive the organization's goals 4. Always produce high quality products 5. None of these

Last Answer : Achive the organization's goals

The marketing concept is a philosophy that states that an organisation should try to satisfy customers' needs and at the same time: A)increase market share. B)increase sales. C)achieve the organisation's goals. D)always produce high E)quality products.

Description : The marketing concept is a philosophy that states that an organisation should try to satisfy customers' needs and at the same time: A)increase market share. B)increase sales. C)achieve the organisation's goals. D)always produce high E)quality products.

Last Answer : C)achieve the organisation's goals.

Do banks offer free loan training to their employees?

Description : Do banks offer free loan training to their employees?

Last Answer : Bank Loan officers are well trained before the bank hires them. The banks then train their loan officers with their own policies and loan products. When a bank employee becomes a loan officer, the ... , not in three-day course. Individuals are paired with experience loan officers to learn the ropes.

Cloud Services have a________ relationship with their customers.A. Many-to-many B. One-to-many C. One-to-one

Description : Cloud Services have a________ relationship with their customers.A. Many-to-many B. One-to-many C. One-to-one

Last Answer : One-to-many

Cloud Services have a________ relationship with their customers. A. Many-to-many B. One-to-many C. One-to-one

Description : Cloud Services have a________ relationship with their customers. A. Many-to-many B. One-to-many C. One-to-one

Last Answer : One-to-many

. At the Melting Moments, an ice cream parlour, customers place their orders, watch their ice- cream sundaes being prepared, and then quickly eat the sundaes in the store before the ice cream melts. This is an example of a characteristic of services known as A. Inseparability B. Intangibility C. Heterogeneity D. Perishability E. Dependency

Description : . At the Melting Moments, an ice cream parlour, customers place their orders, watch their ice- cream sundaes being prepared, and then quickly eat the sundaes in the store before the ice cream ... known as A. Inseparability B. Intangibility C. Heterogeneity D. Perishability E. Dependency

Last Answer : D. Perishability

Managers today realize that long-term success can be achieved primarily by satisfying the customer. Customers are demanding quicker service, higher quality, and more _____. (a) Value for their money ; (b) Personal attention ; (c) Variety in services ; (d) Online choices

Description : Managers today realize that long-term success can be achieved primarily by satisfying the customer. Customers are demanding quicker service, higher quality, and more _____. (a) Value for their money ; (b) Personal attention ; (c) Variety in services ; (d) Online choices

Last Answer : (a) Value for their money ;

Which of the following surrendered their “in-principle” to launch payments banks? A. Cholamandalam Distribution Services B. Dilip Shanghvi, Sun Pharmaceuticals C. Tech Mahindra D. All of the Above E. None of the Above

Description : Which of the following surrendered their “in-principle” to launch payments banks? A. Cholamandalam Distribution Services B. Dilip Shanghvi, Sun Pharmaceuticals C. Tech Mahindra D. All of the Above E. None of the Above

Last Answer : D. All of the Above Explanation: Three of the 11 entities have surrendered their licenses. They are ―Chalomandalam Distribution Services‖, ―Dilip Shanghvi, Sun Pharmaceuticals‖ and ―Tech Mahindra‖.

How easy or difficult is it for a business to offer customers the choice of the regular website rather than the mobile version?

Description : How easy or difficult is it for a business to offer customers the choice of the regular website rather than the mobile version?

Last Answer : Some websites do offer you the option to go to their regular website when a mobile device' has been detected and they have sent you to the shrunken version. I've seen that option on my tablet a ... to give you the option. It's just a link they can provide easily, that overrides the mobile version.

Does Verizon offer customers a cell phone gps tracking plan?

Description : Does Verizon offer customers a cell phone gps tracking plan?

Last Answer : Most phones have that option. There is a discussion here that may help http://www.city-data.com/forum/cell-phones-smartphones/816364-cell-phone-tracking.html

Does your company offer computer support to customers located in Detroit, MI?

Description : Does your company offer computer support to customers located in Detroit, MI?

Last Answer : Professional Computer repair company in Detroit offers computer support to customers

Which of the following companies has tied up with ICICI Lombard General Insurance to offer motor insurance to its customers? A) Audi B) BMW C) Ford D) Porsche E) Volkswagen

Description : Which of the following companies has tied up with ICICI Lombard General Insurance to offer motor insurance to its customers? A) Audi B) BMW C) Ford D) Porsche E) Volkswagen

Last Answer : B) BMW Explanation: BMW has partnered with ICICI Lombard General Insurance to provide the most comprehensive and beneficial motor insurance solutions to BMW customers.

_______ is an integrated bill payment system which will offer inter operable bill payment service to customers online as well as through a network of agents on the ground. A. BBPS B. IMPS C. AEPS D. APBS E. None of the Above

Description : _______ is an integrated bill payment system which will offer inter operable bill payment service to customers online as well as through a network of agents on the ground. A. BBPS B. IMPS C. AEPS D. APBS E. None of the Above

Last Answer : A. BBPS Explanation: The Bharat Bill Payment System (BBPS) is a RBI mandated system which will offer integrated and interoperable bill payment services to customers across geographies with certainty, reliability and safety of transactions.

Point out the correct statement. a) Platforms cannot be based on specific types of development languages, application frameworks, or other constructs b) PaaS systems offer a way to create user interfaces c) In a CaaS model, customers may interact with the software to enter and retrieve data d) All of the mentioned

Description : Point out the correct statement. a) Platforms cannot be based on specific types of development languages, application frameworks, or other constructs b) PaaS systems offer a way to create user ... customers may interact with the software to enter and retrieve data d) All of the mentioned

Last Answer : PaaS systems offer a way to create user interfaces

From the standpoint of a ________ it makes no sense to offer non-standard machine instances to customers. a) CaaS b) AaaS c) PaaS d) IaaS

Description : From the standpoint of a ________ it makes no sense to offer non-standard machine instances to customers. a) CaaS b) AaaS c) PaaS d) IaaS

Last Answer : IaaS