Economics · Banking Marketing
Maslow's hierarchy of needs suggests that once a lower-level need is satisfied, the next higher-level need becomes dominant. Which of the following banking product sequences best represents this hierarchy from lowest to highest level?
- 1Education loan → Fixed deposit → Priority account
- 2Basic savings account → Term insurance → Wealth advisory✓
- 3Recurring deposit → Credit card → Complaint redressal
- 4Current account → Personal loan → Debit card
Correct answer
Basic savings account → Term insurance → Wealth advisory
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