n NISM Certifications
XV NISM Series XV
Medium

______ will suspend price-value considerations in the mind of customers.

Practice question from NISM XV Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Brand Loyalty

  2. B

    Good Service

  3. C

    Good Quality Products

  4. All of the above

    Correct answer

Why this is the answer

Customers may overlook price when they perceive high value from brand loyalty, product quality, or excellent service, leading to sustained demand even at higher prices.

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