Kapil got promoted from the position of Assistant Manager to Senior Manager. He got new cabin, resented parking for his car and a personal assistant according to his new designation. These perks will satisfy his which needs:

The correct option is Esteem Needs.

According to Abraham Maslow's Hierarchy of Needs, human needs are arranged in a pyramid of five levels, ranging from basic physiological needs to self-actualization. Once lower-level needs are met, individuals seek to satisfy higher-level needs.

Esteem Needs represent the fourth level of Maslow's hierarchy. These needs are related to self-esteem, self-respect, social recognition, status, prestige, and attention. In an organizational context, esteem needs are satisfied through job titles, promotions, recognition, and perks that reflect an individual's rank and achievement.

In this scenario:
1. Kapil received a promotion from Assistant Manager to Senior Manager, which is a direct recognition of his performance and competence.
2. The perks associated with his new designation—a new private cabin, a reserved parking space, and a personal assistant—are symbols of status, authority, and prestige within the organization.
Therefore, these perks directly satisfy his Esteem Needs by enhancing his status and recognition among his peers.