Part of: Miscellaneous Indian Gk set 315

Privilege wallet CB of 10000 is applicable for old accounts?

Category: Miscellaneous Indian Gk

Hint: Consider the specific terms and conditions of the Privilege wallet CB offer.

Correct Answer: B) No

Exam Relevance: UPSC, SSC, Bank PO, Clerk

Difficulty: Easy

Explanations:

The Privilege wallet CB offer is a promotional scheme that is often designed to attract new customers or to incentivize new account openings. Such offers are typically structured to provide benefits or discounts to new users as a way to increase the user base or to promote the use of the wallet service. The eligibility criteria for such offers are usually clearly defined in the terms and conditions, and they often specify that the offer is only available to new accounts or to users who meet certain criteria.

In the context of the Privilege wallet CB offer, the question asks whether the offer is applicable to old accounts. The correct answer is "No" (Option B). This means that the offer is not designed to benefit existing users or old accounts. Instead, it is likely intended to attract new users or to encourage the opening of new accounts. The offer may include benefits such as cashback, discounts, or other incentives that are specifically targeted at new users to encourage them to start using the wallet service.

It is important to understand the specific terms and conditions of any promotional offer to determine its eligibility criteria. In this case, the offer is not applicable to old accounts, and therefore, the correct answer is "No." This highlights the need to carefully read and understand the terms and conditions of any promotional offer to avoid misconceptions about its applicability.

Option Analysis:
  • Option A: This option is incorrect because the Privilege wallet CB offer is not applicable to old accounts. The offer may be designed to attract new customers or to incentivize new account openings, and thus may not extend to existing accounts.
  • Option B: This option is correct because the Privilege wallet CB offer is not applicable to old accounts. The offer is likely designed to target new customers or new account openings, and therefore does not include existing accounts.
  • Option C: This option is incorrect because the offer is specifically designed for new accounts and does not apply to old accounts. Therefore, it cannot be either (A) or (B).
  • Option D: This option is incorrect because the offer is not applicable to old accounts, which means that (B) is the correct answer. Therefore, it cannot be neither (A) nor (B).
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