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This section includes 185 Mcqs, each offering curated multiple-choice questions to sharpen your Uncategorized topics knowledge and support exam preparation. Choose a topic below to get started.
51. |
Economists use the term_____________ to refer to a collection of buyers and sellers who transact in a particular product class. |
A. | Customer |
B. | Market |
C. | Experience |
D. | All of these |
E. | None of these |
Answer» C. Experience | |
52. |
Out of the items mentioned below_____________ is NOT a product. |
A. | Lecture by Shri Sudhansu Maharaj |
B. | Shimla |
C. | Visit to Bank s London office |
D. | None of these |
E. | All of these |
Answer» D. None of these | |
53. |
A_________ discount is offered by the seller to intermediary who performs functions like selling, storing and record Keeping. |
A. | Quantity |
B. | Trade |
C. | Cash |
D. | Seasonal |
E. | All of these |
Answer» C. Cash | |
54. |
Which of the following pricing strategies is NOT ideal for new products? |
A. | Market-Skimming |
B. | Discriminatory Pricing |
C. | Promotional Pricing |
D. | None of these |
E. | All of these |
Answer» C. Promotional Pricing | |
55. |
Bank of Mathura is offering 1 % higher interest rate on fixed deposit to senior citizens of 60 years and above. It is practicing ______________. |
A. | Promotional pricing |
B. | Psychological pricing |
C. | Segmental pricing |
D. | Product mix pricing |
E. | All of these |
Answer» D. Product mix pricing | |
56. |
Innovation means_________ |
A. | Inspiration |
B. | Enthusiasm |
C. | Compensation |
D. | Creativity |
E. | All of these |
Answer» E. All of these | |
57. |
Difference between Direct and Indirect Marketing is: |
A. | Direct marketing is to employees of the concerned company, while Indirect is to outsiders |
B. | Direct marketing is to outsider, while Indirect is to employees of the concerned company |
C. | Direct Marketing is to Bank s owner, Insiders is to outsiders |
D. | Direct Marketing is to other Bank s employees, Indirect outsiders |
E. | None of these |
Answer» B. Direct marketing is to outsider, while Indirect is to employees of the concerned company | |
58. |
With___________ pricing, the products are priced below list price (or even below cost) for a temporary period to create buying urgency. |
A. | Reference |
B. | By-product |
C. | Promotional |
D. | Market penetration |
E. | All of the above |
Answer» D. Market penetration | |
59. |
Digital Marketing means: |
A. | Marketing of digital instruments |
B. | Marketing through Advertisements |
C. | Marketing through Internet and Telephones |
D. | Both 1 & 3 |
E. | None of the above |
Answer» D. Both 1 & 3 | |
60. |
Modern styles of marketing are____________ |
A. | Telemarketing |
B. | Web marketing |
C. | Advertisement on the net |
D. | E-mails |
E. | All of these |
Answer» F. | |
61. |
Which of the following is the most logical budget setting method? |
A. | Affordable method |
B. | Percentage-of-Sales method |
C. | Competitive-parity method |
D. | Objective-and-task method |
E. | None of these |
Answer» E. None of these | |
62. |
One common misuse of marketing research findings in contemporary business is the tendency for marketing research to: |
A. | become a vehicle for pitching the sponsor s products |
B. | become a vehicle for discriminating in the marketplace |
C. | become a means for raising prices |
D. | become a means for unfair competition |
E. | none of these |
Answer» B. become a vehicle for discriminating in the marketplace | |
63. |
A Buyers Market means: |
A. | buyers are also sellers |
B. | sellers are also buyers |
C. | there are no sellers |
D. | supply exceeds demand |
E. | none of these |
Answer» E. none of these | |
64. |
Marketing in Banks is required for: |
A. | Getting new customers |
B. | Retaining existing customers |
C. | Lending |
D. | Accepting of deposits |
E. | All of these |
Answer» F. | |
65. |
Market share analysis helps to track: |
A. | Share price movements |
B. | percentage share of business |
C. | pricing strategy for share values |
D. | All of these |
E. | None of these |
Answer» C. pricing strategy for share values | |
66. |
Safe deposit locker can be canvassed among |
A. | Persons below poverty line |
B. | All existing account holders |
C. | ATM cardholders |
D. | Students |
E. | None of these |
Answer» C. ATM cardholders | |
67. |
EMI can be a marketing tool if |
A. | It is very high |
B. | EMI is increasing |
C. | It is very low |
D. | It is a flat rate |
E. | None of these |
Answer» D. It is a flat rate | |
68. |
The advantages of audience selectivity, no ad competition and personalization apply to which type of media? |
A. | Newspapers |
B. | Television |
C. | Direct Mail |
D. | Radio |
E. | None of these |
Answer» D. Radio | |
69. |
If a company were to make a product such as a suit of clothes and sold that product to a retailer, the company would have sold to the _______ market. |
A. | reseller |
B. | business |
C. | government |
D. | service |
E. | None of these |
Answer» B. business | |
70. |
The Traditional Marketing style involves: |
A. | Telemarketing |
B. | Digital Marketing |
C. | Indirect Marketing |
D. | Direct Marketing |
E. | All of the above |
Answer» E. All of the above | |
71. |
The shrinking of distances due to technological advance such as computer and fax connections by telephone, are one characteristic of what new challenge to marketing? |
A. | Rapid globalization |
B. | The changing world economy |
C. | The call for more socially responsible marketing |
D. | The micro-chip revolution |
E. | None of these |
Answer» B. The changing world economy | |
72. |
A lead means: |
A. | a prospect who is more likely to avail of the Bank s product |
B. | a political leader |
C. | a religious leader |
D. | a bank chairman |
E. | None of these |
Answer» B. a political leader | |
73. |
A Call means: |
A. | calling on friends |
B. | calling on bank employees |
C. | calling on prospective customers |
D. | to make telephone calls |
E. | calling on relatives |
Answer» D. to make telephone calls | |
74. |
The goal of the marketing logistics system should be to provide: |
A. | a targeted level of promotional support |
B. | a targeted level of customer service at the least cost |
C. | a targeted level of transportation expense ratio |
D. | a targeted level of field support |
E. | None of these |
Answer» C. a targeted level of transportation expense ratio | |
75. |
Modern Method of Marketing include: |
A. | Publicity on the net |
B. | Advertisement on the net |
C. | Soliciting business through e-mails |
D. | Tele marketing |
E. | All of the above |
Answer» F. | |
76. |
Market information means: |
A. | Knowledge of shops and bazaars |
B. | Knowledge of shopping malls |
C. | Knowledge of customer profile and product mix |
D. | Knowledge of various languages |
E. | None of these |
Answer» D. Knowledge of various languages | |
77. |
A true marketing requires: |
A. | Command and other mindset |
B. | Control Mindset |
C. | Passive mindset |
D. | Active mindset |
E. | None of these |
Answer» E. None of these | |
78. |
Market Research is needed for: |
A. | checking the market area |
B. | checking the right product to be sold |
C. | making proper marketing decisions |
D. | deciding right time to sell |
E. | All of the above |
Answer» F. | |
79. |
For effective marketing the salesmen should have which of these qualities? |
A. | Creativity |
B. | Team spirit |
C. | Motivation |
D. | Effective communication skills |
E. | All of these |
Answer» F. | |
80. |
In market skimming pricing strategy: |
A. | Initially price is higher and then it is reduced |
B. | Initially price is lower and then it is increased |
C. | Initial price is high and is maintained high |
D. | Initial price is low and is maintained low |
E. | None of these |
Answer» C. Initial price is high and is maintained high | |
81. |
Find the TRUE statement: |
A. | Marketing is a waste of the employees time |
B. | Marketing is not required in India due to its vast population |
C. | Marketing involves additional work |
D. | Marketing involves team work |
E. | Marketing is not required today due to IT advancement |
Answer» E. Marketing is not required today due to IT advancement | |
82. |
Marketing plan helps in: |
A. | better lead generation |
B. | better systems |
C. | better results |
D. | improved balance sheet |
E. | better customer service |
Answer» D. improved balance sheet | |
83. |
What is Motivation? |
A. | Better communication skills |
B. | Sales Coaching |
C. | Market Research |
D. | Inspiring the employees to perform better |
E. | None of these |
Answer» E. None of these | |
84. |
A Target market is: |
A. | entire country |
B. | entire city |
C. | entire globe |
D. | that which consists of customers who need the identified product |
E. | all of these |
Answer» E. all of these | |
85. |
Sales forecasting involves: |
A. | Sales Planning |
B. | Sales Pricing |
C. | Distribution Channels |
D. | Consumer tastes |
E. | All of the above |
Answer» F. | |
86. |
SWIFT cars are being manufactured by |
A. | DCM |
B. | Maruti |
C. | Premier Automobiles |
D. | Hyundai |
E. | All of these |
Answer» C. Premier Automobiles | |
87. |
With you all the way is the slogan of: |
A. | Vodafone |
B. | SBI |
C. | ICICI |
D. | Raymonds |
E. | All of these |
Answer» C. ICICI | |
88. |
Which of the following product is being sold under the brand name ZODIAC? |
A. | Shirts |
B. | Ties |
C. | Both land 2 |
D. | Liberty |
E. | None of these |
Answer» D. Liberty | |
89. |
In a Selling Process in today s world: |
A. | Only standard products are sold |
B. | No customization required |
C. | the seller need not have product knowledge |
D. | the seller should aim at customer satisfaction |
E. | only quantum of sales matters |
Answer» E. only quantum of sales matters | |
90. |
Which company used the slogan The complete Man ? |
A. | DCM |
B. | GRASIM |
C. | RAYMONDS |
D. | VIMAL |
E. | All of these |
Answer» D. VIMAL | |
91. |
The following offering is NOT a service: |
A. | Fixed deposit receipt |
B. | Postage stamp |
C. | Gift coupon of a chain store |
D. | Insurance Policy |
E. | All of these |
Answer» D. Insurance Policy | |
92. |
Which brand uses the slogan Made for each other for its cigarettes? |
A. | Cavenders |
B. | Four Square |
C. | Red & White |
D. | Wills |
E. | All of these |
Answer» E. All of these | |
93. |
The markets are grouped into different types based on the geographical area, location of market palace, product, nature of transaction, and volume of the transaction: In the above statement the following is NOT correct: |
A. | Nature of transaction |
B. | Geographical area |
C. | Location of marketplace |
D. | Volume of transaction |
E. | None of these |
Answer» D. Volume of transaction | |
94. |
Push marketing style requires |
A. | Collective effort |
B. | Good pushing strength |
C. | Lengthy talks |
D. | Ability to identify the leads |
E. | Aggressive marketing |
Answer» B. Good pushing strength | |
95. |
Target group means |
A. | All employers |
B. | All sales persons |
C. | Intended buyers |
D. | All industries |
E. | Call center persons |
Answer» D. All industries | |
96. |
The task of marketing involves |
A. | Opening new branches |
B. | Buying a company |
C. | Selling a company |
D. | Selling products and services of a company |
E. | Mergers |
Answer» E. Mergers | |
97. |
Web marketing involves |
A. | Selling websites |
B. | Door-to-door marketing |
C. | E-mail chatting |
D. | Browsing the yellow page |
E. | Web advertisements |
Answer» F. | |
98. |
Digital marketing is similar to |
A. | Cold calling |
B. | Web designing |
C. | Online marketing |
D. | Market for cast |
E. | Outdoor marketing |
Answer» D. Market for cast | |
99. |
Target group for home loans is |
A. | Existing creditors |
B. | Persons having no house of their own |
C. | Persons having one or more than one house |
D. | Builders |
E. | NRIs |
Answer» C. Persons having one or more than one house | |
100. |
Full form of DSA is___________ |
A. | Delivery Staff Agency |
B. | Direct Selling Agency |
C. | Distributors and Supply Agency |
D. | Driving Sales Ahead |
E. | None of the above |
Answer» C. Distributors and Supply Agency | |