Explore topic-wise MCQs in Banking And Financial Awareness.

This section includes 3653 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.

1851.

Mutual Fund business from existing customers can be canvassed by                [SBI 2011]

A.  Coercion
B.  Cross-selling
C.  Internal marketing
D.  Outdoor marketing
E.  Road-shows
Answer» C.  Internal marketing
1852.

Optimum results in marketing is possible through                       [SBI 2011]

A.  increased production
B.  more number of products
C.  more sales persons
D.  motivated staff
E.  more ATMs
Answer» E.  more ATMs
1853.

The sole aim of marketing is to ________.    (SBI 2010)

A.  Increase sales
B.  Increase the number of employees
C.  Increase profits
D.  Increase production
E.  All of these
Answer» B.  Increase the number of employees
1854.

'Value added services' implies  [SBI 2011]

A.  additional knowledge of marketing staff
B.  service beyond normal hours
C.  service with extra facilities
D.  marketing agencies
E.  overtime work
Answer» D.  marketing agencies
1855.

Digital Marketing is similar to      [SBI 2011]

A.  online marketing
B.  cold calling
C.  web designing
D.  market fore-cast
E.  outdoor marketing
Answer» B.  cold calling
1856.

Online Marketing is mostly useful for marketing of                   [SBI 2011]

A.  saving accounts
B.  credit cards
C.  home loans
D.  NRI deposits
E.  business accounts
Answer» D.  NRI deposits
1857.

Market share can be increased by  [SBI 2011]

A.  increasing the number of sales persons
B.  increasing the sales volume
C.  increasing the products
D.  increasing production
E.  rewriting profits
Answer» C.  increasing the products
1858.

Market share means [SBI 2011]

A.  Paid up capital
B.  Shares held by employees
C.  Share of business volume as compared to other companies
D.  Share price of the company quoted in the market
E.  Sensex
Answer» D.  Share price of the company quoted in the market
1859.

Selling process includes                 [SBI 2011]

A.  Publicity
B.  Lead generation
C.  Cross-country contacts
D.  Product Designing
E.  Product Re-designing
Answer» C.  Cross-country contacts
1860.

The ultimate aim of Marketing is to provide [SBI 2011]

A.  More business to the Company
B.  More profit
C.  More staff
D.  More production
E.  More products
Answer» B.  More profit
1861.

Web marketing involves               [SBI 2011]

A.  Selling web cameras
B.  Web advertisements
C.  e-mail chatting
D.  Browsing the web
E.  Door-to-door canvassing
Answer» C.  e-mail chatting
1862.

Which of the following come under the ambit of Customer relationship management? [SBI 2017].

A.  Sales               
B.  Marketing
C.  Customer Service          
D.  Technical support
E.  All of the above
Answer» F.
1863.

In Market segmentation which among the following is not an economic component?    [SBI 2014]

A.  Age
B.  Gender
C.  Income Level
D.  Taxes
E.  Only [a] and [b]
Answer» F.
1864.

Efficient marketing style requires       (SBI 2010)

A.  proper planning
B.  good communication skills
C.  team work
D.  knowledge of products
E.  All of these
Answer» F.
1865.

A marketing technique where marketer plays a specific role in a particular segment is called                      [SBI 2013]

A.  Mass Marketing
B.  Niche Marketing
C.  Strategic Marketing
D.  Communication Marketing
E.  None of these
Answer» D.  Communication Marketing
1866.

Market Segmentation can be defined as  [SBI 2013]

A.  Segment, Target, Price
B.  Sales, Target, Product
C.  Segment, Target, Position
D.  Sales, Time, Product
E.  Service, Sales, Segment
Answer» E.  Service, Sales, Segment
1867.

Market-driven strategies include   [SBI 2011]

A.  Identifying problems
B.  Planning marketing tactics of peers
C.  Positioning the Organisation and its brands in the marketplace
D.  Internal marketing
Answer» D.  Internal marketing
1868.

Service Marketing is the same as   [SBI 2011]

A.  Internet Marketing
B.  Telemarketing
C.  Internal Marketing
D.  Relationship Marketing
E.  Transaction Marketing
Answer» D.  Relationship Marketing
1869.

Social Marketing means               [SBI2011]

A.  Share market prices
B.  Marketing by the entire society
C.  Internet Marketing
D.  Marketing for a social cause
E.  Society bye-laws
Answer» C.  Internet Marketing
1870.

Marketing channels mean         [SBI2011]

A.  Delivery objects
B.  Sales targets
C.  Delivery outlets
D.  Delivery boys
E.  Sales teams
Answer» D.  Delivery boys
1871.

A Market Plan is                                         [SBI2011]

A.  Performance Appraisal of marketing staff
B.  Company Prospectus
C.  Documented marketing strategies
D.  Business targets
E.  Call centre
Answer» D.  Business targets
1872.

Generation of sales leads can be improved by                          [SBI 2011]

A.  Being very talkative
B.  Increasing personal and professional contacts
C.  Being passive
D.  Engaging Recovery Agents
E.  Product designs
Answer» C.  Being passive
1873.

Aggressive Marketing is necessitated due to _______.                                   (SBI2010)

A.  globalisation
B.  increased competition
C.  increased production
D.  increased job opportunities
E.  All of these
Answer» C.  increased production
1874.

Online Marketing is the function of which of the following?                             [SBI 2011]

A.  Purchase Section
B.  Production Department
C.  IT Department
D.  Designs Section
E.  A collective function of all staff
Answer» B.  Production Department
1875.

Good selling skills involves ________.     [SBI 2011]

A.  patience
B.  perseverance
C.  empathy
D.  knowledge
E.  All of these
Answer» F.
1876.

Selling is___.                                  [SBI2011]

A.  different from Marketing
B.  a sub-function of marketing
C.  same as Marketing
D.  more than Marketing
E.  All of these
Answer» C.  same as Marketing
1877.

Marketing of goods is required if [SBI 2011]

A.  when goods become stale
B.  demand > supply
C.  supply > demand
D.  supply = demand
E.  None of these
Answer» D.  supply = demand
1878.

A prospect is a                [SBI 2011]

A.  business goals
B.  document for marketing
C.  potential buyer of a product or service
D.  day-to-day function
E.  None of these
Answer» D.  day-to-day function
1879.

Marketing of Banking is the responsibilities of                            [SBI 2011]

A.  sales staff only
B.  back office staff only
C.  front office sales staff only
D.  all employees
E.  None of these
Answer» B.  back office staff only
1880.

Marketing size means                   [SBI 2011]

A.  getting new clients
B.  interacting with strangers
C.  Market survey
D.  Area allocation
E.  None of these
Answer» D.  Area allocation
1881.

Which is not a proper type of direct marketing                    [SBI 2011]

A.  boosting sales
B.  having a focused approach
C.  better customer contacts
D.  Advertising
E.  None of these
Answer» E.  None of these
1882.

The target market for Debit Cards is ______.                  (IBPS 2013)

A.  All existing account-holders
B.  All agriculturists
C.  All DSAs
D.  All outsourced agents
Answer» B.  All agriculturists
1883.

What does Innovation in Marketing refer to? (IBPS 2014)

A.  Creating a new idea of thought
B.  Discovering new products
C.  Modifying an old idea to present needs
D.  Exploring new ways of being competitive
E.  All of the above
Answer» B.  Discovering new products
1884.

Which of the following is known as cross selling by Banks?                            (IBPS 2011) (1) Sale of a debit card to a credit card holder (2) Sale of Insurance policy to a depositor (3) Issuance of Cash against Cheque presented by a third party

A.  Only (1)                       
B.  Only (2)
C.  Only (3)                       
D.  Both (1) and (3)
E.  All (1), (2) and (3)
Answer» F.
1885.

e-Marketing is same as ________.             (SBI 2010)

A.  virtual marketing
B.  digital marketing
C.  real time marketing
D.  All of these
E.  None of these
Answer» D.  All of these
1886.

Modern styles to marketing include _______. (SBI 2010)

A.  digital marketing
B.  tele-marketing
C.  e-commerce                 
D.  e-mails solicitation
E.  All of these
Answer» F.
1887.

Nationalization of banks aimed at all of the following except ______.            [IBPS 2012]

A.  Provision of adequate credit for agriculture, SME and exports
B.  Removal of control by a few capitalists
C.  Provision of credit to big industries only
D.  Access of banking to masses
E.  Encouragement of a new class of entrepreneurs
Answer» C.  Provision of credit to big industries only
1888.

Which of the following commission's set- up by the President of India decides the distribution of tax incomes between the Central and State Governments?  [United Bank of India 2009]

A.  Central Law Commission
B.  Pay Commission for Government Employees
C.  Administrative Reforms Commission
D.  Planning Commission
E.  Finance Commission
Answer» F.
1889.

Which of the following is/are the major concepts visible in today's banking industry in India? [IOB 2008] (1) Risk Based management (2) Growing competition (3) IT initiatives

A.  Only (1)                       
B.  Only (2)
C.  Only (3)                       
D.  Both (2) and (3)
E.  All (1), (2) and (3)
Answer» F.
1890.

Who is Brand Endorsing Personality of Bank of Baroda?                              [BOB 2008]

A.  Juhi Chawla                 
B.  Kiran Bedi
C.  Amitabh Bachchan       
D.  Kapil Dev
E.  None of these
Answer» F.
1891.

Who amongst the following is the Chairman of the 13th Finance Commission? [Vijaya Bank 2008]

A.  Bimal Jalan
B.  Y V Reddy
C.  C Rangarajan   
D.  Vijay Kelkar                 
E.  None of these
Answer» E.  None of these
1892.

Which of the following is NOT a foreign bank working in India?         [Vijaya Bank 2008]

A.  HSBC             
B.  Barclays
C.  Standard Chartered       
D.  Yes Bank
E.  All are foreign banks
Answer» E.  All are foreign banks
1893.

Which of the following is NOT a Public Sector Unit/Undertaking/Agency? [Vijaya Bank 2008]

A.  ECGC                         
B.  SEBI
C.  SIDBI                          
D.  Axis Bank
E.  BHEL
Answer» E.  BHEL
1894.

The Mumbai Stock Exchange was set up in ________.                                [IBPS Main 2016]

A.  1880
B.  1930
C.  1847
D.  1875
E.  None of the above
Answer» E.  None of the above
1895.

In previous Axis Bank is called as____  [IBPS 2014]

A.  UTI Bank                     
B.  IBDI Bank
C.  ICICI Bank                  
D.  HDFC Bank
E.  None of these
Answer» B.  IBDI Bank
1896.

Which of the following institutions is regarded as the 'Lender of the Last Resort' by Banks in India? [IBPS 2013]

A.  State Bank of India (SBI)
B.  The State Treasury
C.  Reserve Bank of India (RBI)
D.  World Bank
E.  Department of Financial Services (DFS)
Answer» F.
1897.

A bank without any branch network that offers its services remotely through online banking, telephone/mobile banking and interbank ATM network alliances is known as          [IBPS 2013]

A.  Universal Banking         
B.  Indirect Bank
C.  Door Step Bank            
D.  A Direct Bank
E.  Unit Banking
Answer» E.  Unit Banking
1898.

Which of the following is considered an informal method of getting credit/finance? [Vijaya Bank 2008]

A.  Internet banking
B.  Branch visits
C.  Going to moneylenders
D.  Telebanking
E.  All of these
Answer» D.  Telebanking
1899.

Government planned to double the number of schemes under DBT to ________ by March 2017 for paying subsidy directly via bank accounts of beneficiaries.                               (IBPS 2016)

A.  147                             
B.  157
C.  167                             
D.  177
E.  None of these
Answer» B.  157
1900.

Which of the following statements regarding the 'Direct Benefits Transfer Scheme (DBT)' of the government of India is 'not' true?                     (IBPS 2013)

A.  The scheme covers LPG subsidies, pension payments and scholarships   
B.  Indirect transfers of benefits are more prone to leakage than direct transfers
C.  Under DBT, money is directly transferred into bank accounts of beneficiaries
D.  The scheme was launched on January 1, 2013 to cover 20 districts initially
E.  The scheme is likely to increase the subsidy bill of the government?
Answer» F.