Question

Which of the following items may be a good consideration in selecting a bank? I. The bank sends a representative to the local mall to promote new applications. II. Number of ATMs or bank branches near where you live, shop, work, or travel. III. Knowledge of personal usage habits and needs. a. I and II b. II and III c. I and III d. I, II and III

Answer 1

the option d. II and III is the correct answer

A bank is a financial institution. The bank creates credit by lending money to the people who need money and some people who have more money the deposit it to the bank. Today almost all people know the needs of a bank. People are searching nearest ATM counter or nearest bank. It is based on their usage habits.Habits means , today less people are going to bank for money withdrawal/transaction  most of them use net  banking,debit/credit cards. So the presence of bank representative to the local mall not necessary.