MCQOPTIONS
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MCQOPTIONS
This section includes 1588 Mcqs, each offering curated multiple-choice questions to sharpen your Banking And Financial Awareness knowledge and support exam preparation. Choose a topic below to get started.
| 1501. |
Which of the following is the reason for product innovation? |
| A. | Competition and market change |
| B. | Market strategy |
| C. | Risk |
| D. | All of these |
| Answer» E. | |
| 1502. |
If carrier develops a new air conditioning compressor that lasts .twice as long as existing compressors, but only uses half the electricity, it will probably establish its pricing based on |
| A. | Product quality |
| B. | Survival |
| C. | Cash flow |
| D. | return on investment |
| Answer» B. Survival | |
| 1503. |
The oldest form of exchange trading of products is known as |
| A. | Credit |
| B. | barter |
| C. | Purchasing |
| D. | buying |
| Answer» C. Purchasing | |
| 1504. |
A firm that practices price competition engages in which one of the following strategies? |
| A. | Beating or matching the prices of competitions |
| B. | Setting prices only as low as the second lowest competitor |
| C. | Competing in both price and product differentiation |
| D. | Letting other firms cut price while it retains profitability |
| Answer» B. Setting prices only as low as the second lowest competitor | |
| 1505. |
In market skimming pricing strategy? |
| A. | Initially price is lower and then it is increased. |
| B. | Initially price is higher and then it is reduced. |
| C. | Initially price is high and is maintained high. |
| D. | All of the above |
| Answer» C. Initially price is high and is maintained high. | |
| 1506. |
Which among the following is a component of customer satisfaction? |
| A. | Fair price |
| B. | Profitability |
| C. | Brand |
| D. | All of these |
| Answer» B. Profitability | |
| 1507. |
Costs that do not vary with production or sales levels are called |
| A. | Fixed assets |
| B. | Variable costs |
| C. | Standard costs |
| D. | Independent costs |
| Answer» B. Variable costs | |
| 1508. |
Which of the following price strategies involves selling two or more services bundled together? |
| A. | Relationship pricing |
| B. | Pricing bundling |
| C. | Flat rate |
| D. | Benefit Driven pricing |
| Answer» C. Flat rate | |
| 1509. |
Price of a product may affect its- |
| A. | Advertisement |
| B. | Promotions |
| C. | Packing |
| D. | Demand |
| Answer» E. | |
| 1510. |
The importance of personal selling includes |
| A. | benefits to consumers |
| B. | benefits to business |
| C. | benefits to society |
| D. | All of the above |
| Answer» E. | |
| 1511. |
Communication skills in the case of a DSA means [SBI PO 2012] |
| A. | giving lengthy speeches |
| B. | Sending good SMS messages |
| C. | being talkative |
| D. | ability to continue the customer with the right choice of words |
| Answer» E. | |
| 1512. |
The personal selling aims at selling ...... products. |
| A. | declining |
| B. | existing |
| C. | inferior |
| D. | Worthless |
| Answer» C. inferior | |
| 1513. |
Personal selling is confined to a |
| A. | Particular area |
| B. | large number of people |
| C. | Complete area |
| D. | random area |
| Answer» B. large number of people | |
| 1514. |
Test Marketing means? |
| A. | Test the product before commercial production |
| B. | Vouching |
| C. | Valuation |
| D. | Concept |
| Answer» B. Vouching | |
| 1515. |
Which is are principle of products development? |
| A. | Principle of specialization |
| B. | Principle of simplification |
| C. | Principle of standardization |
| D. | All of the above |
| Answer» E. | |
| 1516. |
The abbreviation 'GDP' stands for [IBPS, 2014] |
| A. | Gross Domestic product |
| B. | Globally Dominant person |
| C. | General Domestic position |
| D. | Gross Depository position |
| Answer» B. Globally Dominant person | |
| 1517. |
Rate of growth of an economy is measured in terms of? [SSC. 2014] |
| A. | Per capita income |
| B. | Industrial development |
| C. | Number of people who have been lifted above the Poverty line |
| D. | National income |
| Answer» B. Industrial development | |
| 1518. |
Increased interest rates as is existing in the economies at present will [IBPS P.O. 2012] |
| A. | Lead to higher GDP growth |
| B. | Lead to lower GDP growth |
| C. | Mean higher cost of raw material |
| D. | Mean lower cost of raw material |
| Answer» D. Mean lower cost of raw material | |
| 1519. |
Which of the following is not required while computing GNP? [SSCS.O. 2005] |
| A. | Net foreign investment |
| B. | Private investment |
| C. | Per capita income of citizens |
| D. | Purchase of goods by government |
| Answer» D. Purchase of goods by government | |
| 1520. |
In calculating National Income which of the following is included? [SSC Tax. Assistant 2005] |
| A. | Services of housewives |
| B. | Pensions |
| C. | Income of smugglers |
| D. | Income of watchmen |
| Answer» E. | |
| 1521. |
Per capita income is obtained by dividing National Income by? |
| A. | Total population of the country |
| B. | Total -working population |
| C. | Area of the country |
| D. | Volume of capital used |
| Answer» B. Total -working population | |
| 1522. |
National Income estimates in India are prepared by? |
| A. | Central statistical organization |
| B. | National Development Council |
| C. | Minister of Finance |
| D. | Planning Commission |
| Answer» B. National Development Council | |
| 1523. |
GDP at factor cost is? [SSC Tax Assistance 2008] |
| A. | GDP minus indirect taxes plus subsidies |
| B. | GDP minus depreciation allowances |
| C. | NNP plus depreciation allowances |
| D. | GDP minus subsidies plus indirect taxes |
| Answer» B. GDP minus depreciation allowances | |
| 1524. |
The RBI Governor, in one of his speeches, made a mention of inflation index and said "The problem in India is that which inflation index to target as there are several such indices". Which of the following state-mints is CORRECT in this regard? |
| A. | There is one WPI index and four CPI indices |
| B. | There are four WPI indices and one CPI index |
| C. | There are two WPI Indices and two CPI indices |
| D. | There is one WPI index and one CPI index |
| Answer» B. There are four WPI indices and one CPI index | |
| 1525. |
The Whole sale Price Index is divided into five main commodity groups. Which of the following is not considered separately as a group while calculating WPI? |
| A. | Service by public sector units |
| B. | Agriculture |
| C. | Import and export |
| D. | Mining |
| Answer» D. Mining | |
| 1526. |
The cause of deflation is? |
| A. | Lack of goods and services as compared to money supply |
| B. | Lack of imports as compared to exports |
| C. | Lack of money supply as compared to goods and services |
| D. | None of these |
| Answer» D. None of these | |
| 1527. |
Which is not a measure undertaken by government to check inflation? |
| A. | Increase in consumption |
| B. | Increase in production |
| C. | Reduction in deficit financing |
| D. | Taxation measures |
| Answer» B. Increase in production | |
| 1528. |
In the global financial market 'CP7 is a money market instrument issued as an unsecured promissory note with a fixed maturity of no more than 270 days. The alphabet 'C' in the abbreviation CP stands for? [NIACL Asst. 2015] |
| A. | Certificate |
| B. | Capital |
| C. | Commercial |
| D. | Commodity |
| Answer» D. Commodity | |
| 1529. |
One rupee currency note bears the signature of? [SBI Clerk 2014] |
| A. | President of India |
| B. | Finance secretary |
| C. | Finance Minister |
| D. | Commerce Minister |
| Answer» C. Finance Minister | |
| 1530. |
Tele marketing involves ? |
| A. | Good communication skills |
| B. | High level of motivation |
| C. | Door to Door campaigns |
| D. | Event management |
| Answer» B. High level of motivation | |
| 1531. |
Customer's Relationship with the bank is influenced by ? [SBI Clerk 2009] |
| A. | Customer's attitudes |
| B. | Attitudes of bank staff |
| C. | Interest rates of the Bank |
| D. | Attitudes of sales person |
| Answer» E. | |
| 1532. |
Choose the correct sentence ? [SBI Clerk 2012] |
| A. | KYC norms are not applicable for financial inclusion |
| B. | Loans can be granted to students at a low rate of interest |
| C. | Home Loans are not useful for public |
| D. | NRI customers are not profitable customer |
| Answer» C. Home Loans are not useful for public | |
| 1533. |
Benchmark means ? [SBI, Clerk 2011] |
| A. | A standard value for comparison |
| B. | Basic products |
| C. | Court cases |
| D. | Financial targets |
| Answer» B. Basic products | |
| 1534. |
Banc assurance can be sold to? |
| A. | All banks |
| B. | All insurance companies |
| C. | Insurance agents |
| D. | All existing and prospective bank customers |
| Answer» E. | |
| 1535. |
The target group for personal loans is? [SBI Ass. Clerk 2011] |
| A. | All private limited companies |
| B. | All businessman |
| C. | All salaried persons |
| D. | Minor children |
| Answer» D. Minor children | |
| 1536. |
SME means ? [SBI Clerk 2012] |
| A. | Selling and Marketing employees |
| B. | Sales and mergers of entities |
| C. | Small and Micro entities |
| D. | Small and medium enterprises |
| Answer» E. | |
| 1537. |
The target group for SME Loan is ? [SBI Clerk 2012] |
| A. | All SSIs |
| B. | All college professors |
| C. | All students |
| D. | All nurses |
| Answer» B. All college professors | |
| 1538. |
Saving accounts can be opened by ? [SBI Clerk 2012] |
| A. | All individuals fulfilling KYC norms |
| B. | All tax payers |
| C. | All individuals above the age of 18 |
| D. | All business man |
| Answer» B. All tax payers | |
| 1539. |
KYC means? [SBI Ass. Clerk.2012] |
| A. | Keep your customers tool |
| B. | Keep your credit card |
| C. | Know your customers |
| D. | Keep your cool |
| Answer» D. Keep your cool | |
| 1540. |
EMI is a marketing tool if ? |
| A. | It is very high |
| B. | It is very low |
| C. | It is increasing |
| D. | It is fluctuating |
| Answer» C. It is increasing | |
| 1541. |
The list of people who do not wish to receive telemarketing calls is ? |
| A. | Dare not call list |
| B. | Do not call list |
| C. | Do not dial list |
| D. | Do never call list |
| Answer» C. Do not dial list | |
| 1542. |
Uncertain out comes involving the market for goods and services such as the possibility of price declines or increases, changes in consumer preferences and or changes in the nature of competition is called ? [SBI Asst. Clerk, 2012] |
| A. | Market scope |
| B. | Market risk |
| C. | Market outlook |
| D. | Market out come |
| Answer» C. Market outlook | |
| 1543. |
Internet Banking can be popularized by way of ? [SBI Asst.Clerk2012] |
| A. | Reduced prices |
| B. | Higher prices |
| C. | Wide area network |
| D. | Better Technology |
| Answer» C. Wide area network | |
| 1544. |
Standard marketing practices include ? [SBI, Clerk 2012] |
| A. | Poaching |
| B. | Unhealthy competition |
| C. | Lo wiring the selling price |
| D. | Unhealthy discount schemes |
| Answer» D. Unhealthy discount schemes | |
| 1545. |
The target group for a car loan is ? |
| A. | All persons owning a car |
| B. | A family with more than two member |
| C. | Car designers |
| D. | Car garages |
| Answer» C. Car designers | |
| 1546. |
Global Marketing is a result of? |
| A. | Domestic charge |
| B. | Globalization |
| C. | Privatization |
| D. | All of these |
| Answer» C. Privatization | |
| 1547. |
CRM (customer relationship management) is? [BOB RO. 2011] |
| A. | A pre-sales activity |
| B. | A tool for lead generation |
| C. | An ongoing daily activity |
| D. | The task of a DSA |
| Answer» C. An ongoing daily activity | |
| 1548. |
Diversification in marketing means? [BOB P.O. 2011] |
| A. | Marketing to different countries |
| B. | Marketing in many companies |
| C. | Marketing of the same product by many, diverse persons |
| D. | Marketing of new diverse product |
| Answer» E. | |
| 1549. |
Web marketing involves? |
| A. | Selling web cameras |
| B. | Web advertisements |
| C. | E-mail chatting |
| D. | Browsing the web |
| Answer» C. E-mail chatting | |
| 1550. |
Rural bank marketing has good scope for [BOB P.O, 2011] |
| A. | Industrial loans |
| B. | Corporate loans |
| C. | NRI loans` |
| D. | Tractor loan |
| Answer» E. | |