Banking Management - Explain Briefly the Product Life Cycle Concept with Reference to a Banks Product Selection Development and Launching a Product Are Equally Important Comment

778 WordsJul 28, 20164 Pages
Need Answer Sheet of this Question paper, contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 Banking Management CASE-01: BANKING ON RELATIONSHIP The birth of ABC Bank took place after the RBI issued guidelines for the entry of new private sector banks in January 1993. Subsequently, the promoter of ABC Bank sought permission to establish a commercial bank and retained KPMG, a management consultant of international repute, to prepare the groundwork for establishing a commercial bank. The Reserve Bank of India conveyed its approval in principle to establish ABC Bank on February 11, 1994. Thereafter, the Bank was incorporated under The Companies Act in September 1994. The…show more content…
16. What do you understand by MICR? How does it help in clearing of instructions? Explain the field structure of MICR cheque. 17. Explain different e-commerce activities and functions. What are the building blocks of e-commerce solution? Explain with examples. 18. Explain the concept of transfer pricing in banks and its relevance on pricing/profit. Explain briefly various methods of pricing products. Answer any Three: 19. Explain briefly the product life cycle concept with reference to a banks product. Selection development and launching a product are equally important comment. 20. What are the advantages of packaging? Illustrate in banking context. 21. Explain the concept of transfer pricing in banks and its relevance on pricing/profit. Explain briefly various methods of pricing products. 22. Draw an approach for e-banking deployment for retail customers and explain. 23. Explain how a digital signature is generated? Explain its use with examples. 24. How can Indian banks use legal recognition of digital signature for development of business. 25. What is market segmentation? Why is it important to advertisers? How is it useful for banking. 26. Explain briefly the product life cycle concept with reference to a banks product. Selection development and launching a product are equally important comment. 27. What are the advantages of packaging? Illustrate in banking

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