General Studies · Logical Reasoning
A mid-sized bank has decided to expand its retail banking services in semi-urban and rural areas. The bank wants to offer personal loans, home loans, small business loans, and digital banking services. However, they face challenges like low financial literacy, lack of digital adoption, and operational inefficiencies due to scattered branches. Management is considering financial literacy programs, mobile banking vans, and staff training to overcome these issues. They also plan to integrate data analytics to offer customized loan products and investment solutions to customers. What can the bank do to customize loan and investment solutions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Use customer transaction data and analytics✓
- 2Provide one-size-fits-all products
- 3Only offer high-value products to premium clients
- 4Avoid using technology for personalization
Correct answer
Use customer transaction data and analytics
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Preparing for General Studies?
Practice full-length General Studies mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Logical Reasoning MCQs →Want more practice questions on Logical Reasoning?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in General Studies · Logical Reasoning