That will do it !! But in a live meeting you may get an echo if you can hear the actual Zoom audio. That screwed me up a few times even using AI ->DAW->OBS->Zoom. So bad in fact I just could not play. I got round that by declaring the PC speakers for Zoom audio out and monitored the DAW output via headphone connected to the AI.
Switching around “speaker” sources during the show was a complere pita, hence I gave up trying to use Reaper.
As for Voicemeeter/Banana eek, horrible latency when I tried that to cut out OBS.
If its more about using the DAW to check levels and not to apply FX, folks are maybe better off going this route.
https://community.justinguitar.com/t/getting-the-right-loudness-levels-and-mix/119812