n NISM Certifications
NSM General NISM
Medium

What is Customer Lifetime Value?

Practice question from IC 38 Mock Test 8 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. The economic benefits from building a long-term relationship with a customer

    Correct answer

  2. B

    The total number of customers an agent has in their network

  3. C

    The amount of money an agent earns per customer per year

  4. D

    The total commissions earned from new business

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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