Economics · Banking Marketing Strategy
A mid-sized bank wants to launch a new savings account targeting urban millennials. Which of the following initiatives represents an effective and aligned marketing strategy for this segment?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Completely eliminating all promotional and marketing campaigns to reduce operational costs.
- 2Launching the product exclusively in remote rural areas without any digital access options.
- 3Relying exclusively on traditional physical branch marketing and printed paper brochures.
- 4Offering competitive interest rates, seamless digital onboarding, personalized offers, and loyalty rewards.✓
Correct answer
Offering competitive interest rates, seamless digital onboarding, personalized offers, and loyalty rewards.
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 Economics?
Practice full-length Economics mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Banking Marketing Strategy MCQs →Want more practice questions on Banking Marketing Strategy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Banking Marketing Strategy