Explore topic-wise MCQs in Banking And Financial Awareness.

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.

501.

Second step in marketing research is

A.  Situation analysis          
B.  problem analysis
C.  Collection of data         
D.  tabulation of data
E.  All of these
Answer» C.  Collection of data         
502.

The fields analysed under research on markets is to

A.  Study the nature of customers
B.  Study the habits of customers
C.  Study the tastes of customers
D.  Study the attitudes of customers
E.  All of the above
Answer» F.
503.

A marketing plan should include.........Find the Wrong option.                                    [BOB P.O. 2010]

A. Financial data of the company
B. Mission statement
C. Product details
D. Advertising and sales-promotion steps
E. None of these 
Answer» B. Mission statement
504.

Which of the following statements is true? [SBI Clerk 2008]

A.  Marketing makes the company to go into loss due to higher expenses
B.  Marketing is not required in profit-making companies
C.  Marketing sharpens the mind of the employees
D.  Marketing is a time-bound seasonal function
E.  Marketing is a waste of time
Answer» D.  Marketing is a time-bound seasonal function
505.

Low response rate is a problem associated with which contact method?

A.  Personal interview         
B.  Telephone
C.  Online surveys              
D.  Mail
E.  None of these
Answer» D.  Mail
506.

Under which analysis study involves the detailed study of the popularity of product among consumers?

A.  Product analysis           
B.  Market analysis
C.  Consumer analysis
D.  Competition analysis
E.  Sales analysis
Answer» D.  Competition analysis
507.

The systematic gathering, recording and analysing of data with respect to a particular market is known as                   [SBI Clerk 2012]

A.  market share                
B.  market segmentation
C.  market profile    
D.  market research
E.  marketing research
Answer» F.
508.

The main object of marketing research is to

A.  Prepare market policies
B.  amend market policies
C.  Prepare market strategies
D.  amend market strategies
E.  All of the above
Answer» C.  Prepare market strategies
509.

What is the concept include in marketing research? '

A.  Research of product and services
B.  Research on markets
C.  Research on sales
D.  Research on sales methods and policies
E.  None of the above
Answer» B.  Research on markets
510.

                       Because Gucci emphasizes the 'haute couture' segment of the fashion market, its marketing strategy appears to be the?                                                                                                    [SBI Asst. 2015]

A. Multisegment Approach    
B. Narrow focus Approach
C. Concentration Approach  
D. Expensive Approach
E. None of these
Answer» D. Expensive Approach
511.

In general sense, marketing research is ......... regarding goods and services.

A.  Collection
B.  Summary
C.  analysis of the data
D.  All of the above
E.  None of the above
Answer» B.  Summary
512.

                                 Market survey means?                                                                                   [SBI Clerk 2014]

A. Marketing strategies
B.   Market monitoring
C. Market Planning
D.   Market Research
E. All of the given options  
Answer» E. All of the given options  
513.

Name the concept which meant to study the satisfaction of customers.

A.  Research
B.  Research of products and services
C.  Research on markets
D.  Research on sales methods and policies
E.  None of the above
Answer» F.
514.

                     Market Research is required for?                                                                               [SBI clerk 2012]

A. Deciding sales volume      
B. Deciding production level
C. Deciding marketing strategies
D. Deciding sales team numbers
E. All of the above
Answer» F.
515.

Market research is useful for?                                                                                     [SBIA.R0.2010]

A. Deciding proper marketing strategies
B. Deciding the selling price    
C. Choosing the right products
D. Choosing the sales persons  
E. All of these
Answer» F.
516.

Small  business  houses  cannot  afford marketing research because of the

A.  limitation of money       
B.  limitation of time
C.  limitation of skill           
D.  limitation of bias
E.  None of these
Answer» B.  limitation of time
517.

The systematic gathering, recording and analyzing of data with respect to a particular market is known as?                                                                                                                      [SBI Associate clerk 2012]

A. Market share   
B. Market segmentation
C. Market profile
D.   Market research
E. Marketing research
Answer» E. Marketing research
518.

Market research is needed for  [SBI Clerk 2008]

A.  deciding the market area
B.  deciding the right product to be sold
C.  making proper marketing decisions
D.  deciding right time to sell
E.  All of the above
Answer» F.
519.

The need or want for a particular product becomes a demand when?

A. The product & service is available
B. It is backed by buying power
C. A product represents that particular need
D. All of these
E. None of these
Answer» D. All of these
520.

Which concept signifies the importance of marketing research?

A.  Production of products
B.  New use of products
C.  Knowledge of demand
D.  Planned production
E.  All of the above
Answer» F.
521.

Bank marketing means?

A. Selling of banks
B.   Merger of banks
C. Selling bank's product and services
D. Selling various items in banks
E. All of these
Answer» D. Selling various items in banks
522.

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   
523.

Market research is very necessary

A.  when new product is to be launched
B.  Consumer behaviour
C.  Packing
D.  Campaign
E.  None of the above
Answer» B.  Consumer behaviour
524.

As marketing managers and researchers define the problem and set research objectives, they should employ

A.  exploratory research alone
B.  Casual research alone
C.  descriptive research alone
D.  All of the above combined
E.  None of the above
Answer» C.  descriptive research alone
525.

Which among the following is induced in marketing decision?

A. Promotion decision     
B. Project cost decision
C. Finance decision 
D.            All of these
E. None of these
Answer» B. Project cost decision
526.

How production of new product helps enterprises?

A.  Capturing the market
B.  Loose the market
C.  Research the market
D. Create the market
E.  Leave the market
Answer» B.  Loose the market
527.

Market survey means?

A. Market research
B. Market planning
C. Marketing strategies
D. Market monitoring
E. All of these
Answer» B. Market planning
528.

Comparative study is made by

A.  tabulation of data         
B.  analysis of data
C.  Preparation of data       
D.  follow up
E.  All of the above
Answer» B.  analysis of data
529.

         Market research is the function of?

A. DSAs  
B.                Customers
C. All Bank staff
D.   PROs  
E.          None of these
Answer» D.   PROs  
530.

A company's own observational research produces what we cell primary data.

A.  False               
B.  False in short run
C.  False in long run
D.  True
E.  True when primary data is collected
Answer» F.
531.

 If marketing is done effectively, which of the following will not be required?             [SBI Asst.2008]

A. Advertisement 
B.   Publicity
C. Market research
D.   Market segmentation
E. None of these   
Answer» D.   Market segmentation
532.

If marketing is done effectively which of the following is not required?          [SBI Clerk 2008]

A.  Advertisement  
B.  Publicity
C.  Market research
D.  Market segmentation
E.  None of the above
Answer» D.  Market segmentation
533.

Marketing plan helps in?                                                                                            [SBI Asst.2008]

A. Better lead generation
B. Metter systems
C. Better results
D. Improved balance sheet
E. Better customer service  
Answer» D. Improved balance sheet
534.

.........can adjust demand and supply of products of company.

A.  Planned production
B.  Non-planned production
C.  Total production
D.  Average production
E.  Marginal production
Answer» E.  Marginal production
535.

                              Which of the following statements is true?

A. Marketing makes the company go into loss due to higher expenses.
B. Marketing is not required in profit making companies.
C. Marketing sharpens the minds of the employees.
D. Marketing is a time-bound seasonal function.
E. Marketing is a waste of time
Answer» B. Marketing is not required in profit making companies.
536.

                             Market research is needed for?                                              [SBI, Asst. Clerk 2008]

A. Deciding the market area
B. Deciding the right product to be sold
C. Making proper marketing decisions
D. Deciding right time to sell
E. All of these    
Answer» C. Making proper marketing decisions
537.

What is the very first step of marketing research?

A.  Define the problem        
B.  Create the problem
C.  Solving the problem      
D.  Analyse the problem
E.  None of these
Answer» F.
538.

Market research is necessary for?                                                                  [SBI Ass. Clerk 2011]

A. Making proper marketing decisions
B. Choosing the right products
C. Selecting the right sales persons
D. All of these
E. None of these   
Answer» E. None of these   
539.

Innovation in marketing is the same as?                                                                    [BOB EO. 2011]

A. Motivation      
B.   Inspiration
C.        Aspiration
D.               Creativity
E.       Teamwork  
Answer» E.       Teamwork  
540.

Market research is useful for?                                                                         [BOB P. 0.2011]

A. Deciding proper marketing strategies
B. Deciding the sales persons   
C. Choosing old products
D. Recruitment of staff         
E. Payment of bonus
Answer» B. Deciding the sales persons   
541.

Marketing research is a gift of

A.  modern concept of marketing
B.  classical concept of marketing
C.  traditional concept of marketing
D.  old concept of marketing
E.  basic concept of marketing
Answer» F.
542.

Retailer is a sub-element of

A.  Place                           
B.  product  
C.  Price               
D.  promotion   
E.  All of these
Answer» B.  product  
543.

The marketing mixes of organizations that market services include product/price, promotion, place and

A. Packaging                           
B. Premiums
C. People
D. Purchasing
E. None of these
Answer» D. Purchasing
544.

First 'P' of 4Ps is

A.  product                        
B.  price     
C.  Place               
D.  promotion  
E.  None of these
Answer» B.  price     
545.

Who propounded the theory of 4 P's of marketing?

A. Stanton                              
B. Philip Kotler
C. McCarthy
D. All of these  
E. None of these
Answer» D. All of these  
546.

The internal factors affecting the pricing decision is/are

A.  cost of the product
B.  marketing objectives
C.  stage of the product in its lifecycle
D.  price elasticity
E.  All of the above
Answer» F.
547.

A company's product mix refers to certain

A.  width               
B.  length
C.  depth              
D.  consistency
E.  All of these
Answer» F.
548.

Who has proposed a four ?cs' classification of marketing mix?

A.  Philip Kotler     
B.  R F Lauterborn
C.  Albert Frey                   
D.  William Lazer
E.  None of these
Answer» C.  Albert Frey                   
549.

The best promotional tool in any marketing is [SBI Clerk 2012]

A.  pamphlets                            
B.  newsletters
C.  word of mouth publicity
D.  regional advertisements
E.  viral marketing
Answer» D.  regional advertisements
550.

One of the following is not included in the 7Ps of marketing. Find the same            [SBI PO 2010]

A.  product            
B.  Price
C.  Production                   
D.  Promotion
E.  None of the above
Answer» D.  Promotion