Latest Banking Interview Questions and Answers 2026-2027 Pdf - 1

Question: 1

Which of the following is the feature of maturity stage of the product life cycle?

(A) Profits start of decline

(B) Costs continue to rise

(C) Sales continue to grow

(D) All of the above

(E) None of the above

Ans: D

All of the above

Question: 2

A phase out approach can be best described as

(A) Development of new product

(B) Stopping the production

(C) Immediately dropping the product from the product mix

(D) A decline of product

(E) None of the above

Ans: C

Immediately dropping the product from the product mix

Question: 3

Price strategies become more mixed during the _____ stage of the PLC.

(A) Decline

(B) Introduction

(C) Maturity

(D) Growth

(E) None of these

Ans: C

Maturity

Question: 4

A fashion is always based on

(A) Sales

(B) Brand

(C) Cost

(D) Some style

(E) Product or service pricing method

Ans: D

Some style

Question: 5

PLC stands for

(A) Price Long Cost

(B) Product Long Cost

(C) Product Life Cost

(D) Product Life Cycle

(E) None of the above

Ans: D

Product Life Cycle

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