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Dwaipayan

· started a discussion

· 1 Months ago

How come (Question: 192445.0 )

How is issuance of cash against cheque issued by other parties an example of cross selling?

Question:

Which of the following is known as cross selling by Banks?

(A) Sale of a debit card to a credit card holder

(B) Sale of Insurance policy to a depositor

(C) Issuance of Cash against Cheque presented by a third party

Options:
A)

Only (A)

B)

Only (B)

C)

Only (C)

D)

Both (A) and (C)

E)

All (A), (B) and (C)

Solution:

Ans: (e) Cross selling of banks would include all of these

Knowledge Expert

· commented

· 1 Months ago

because Cross-selling is generally illegal if there is a tie-in between the two products; where the customer must buy one in order to buy the other.
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