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  9. Q200

ibps-so 2024 · Question 200 of 209

Which of the following scenarios best represents an 'Economic' factor in a PESTEL analysis for a bank planning to launch its credit card services in a new country?

  1. AThe central bank has significantly lowered interest rates to boost consumer spendingCorrect
  2. BThe country has a high population of Gen Z consumers who prefer digital banking
  3. CThe government has recently eased the norms for private sector participation in banking
  4. DNew data privacy laws require all customer data to be stored locally
  5. ECompetitors are using AI-based chatbots for customer service

Answer: A. The central bank has significantly lowered interest rates to boost consumer spending

Official answer key verified. Detailed explanation coming soon.

Source: IBPS SO Marketing Officer Mains Memory Based 2024 - Adda247 · memory-based

← Q199View full paper (209 questions)Q201 →

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