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.

801.

                                   Target groups can be identified by ... Find the incorrect answer.                                                                                                             [BOB RO. 2010]

A. Data Mining      
B. Data warehousing
C.  Market Survey                
D.  Market Research
E. Market Segmentation
Answer» B. Data warehousing
802.

                                Customization means?

A. Adding more customers               
B. Customers selling goods
C.  Unhappy customers
D.  Tailor-made products for each customer
E. All of these  
Answer» E. All of these  
803.

A Marketing survey is required for?                                                                                  [BOB P.O...2010]

A. Deciding Marketing strategies
B. Deciding product strategies
C.  Deciding pricing strategies 
D.  All of these
E. None of these 
Answer» E. None of these 
804.

                      Prospect means?[BOB P.O. 2011, SBI ASST.2012]

A. Existing customer           
B. Likely buyer
C.  Mission document
D.  a religious leader
E. New targets to be achieved    
Answer» C.  Mission document
805.

               Marketing is influenced by?                                                                                             [BOB P.O. 2010]

A. Public taste                   
B. Buyer behavior
C.  Product demand                       
D.  Brand image
E. All of these 
Answer» F.
806.

Marketing skills are tested by?

A. Buying more                 
B. Selling more
C.  Paying more                 
D.  Talking more 
E. All of these   
Answer» C.  Paying more                 
807.

Market share means?                                                                                                     [BOB EO, 2010]

A. Share Market                 
B. Sensex
C.  Market price of shares    
D.  Market fluctuations
E. Share of business among peers   
Answer» F.
808.

                             Market share can be increased by?                                                                       [SBI Ass. Clerk 2011]

A. Increasing the number of sales person
B. Increasing the sales volume 
C.  Increasing the products
D.  Increasing production
E. Rewriting profits
Answer» C.  Increasing the products
809.

Market share means?                                                                                         [SBI Ass. Clerk 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
810.

The ultimate aim of Marketing is to provide?

A. More business to the company
B. More profit        
C.  more staff
D.  More production           
E. more products
Answer» C.  more staff
811.

  A successful "Blue ocean strategy" requires?

A. Effective communication   
B. Innovative skills
C.  Motivation              
D.  all of the above
E. None of these   
Answer» E. None of these   
812.

Value Added Services" implies?

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
813.

A target market is?                                                                                                        [SBI Ass. Clerk 2008]

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   
814.

                          The best important and central activity of a business is known as its?

A. Portfolio           
B. Product Line
C.  Nuclear Activity
D.    Mainstay
E. Core Competency
Answer» F.
815.

             Which of the following sentences is true?                                                                            [SBI Ass. Clerk 2008]

A. Marketing is not required in a Buyers' Market
B. Marketing is not required in a Sellers' Market
C.  Marketing is not required due to globalization
D.  Marketing is not required due to competition
E. Marketing is not required due to liberalization
Answer» F.
816.

                        A true marketing mindset requires?                                                                                   [SBI Ass. Clerk 2008]

A. Command and order mindset
B. Control mindset
C.  Active mindset  
D.  Passive mindset
E. None of these      
Answer» D.  Passive mindset
817.

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. All of these
Answer» D.  Knowledge of various languages
818.

The traditional Marketing style involves?

A. Telemarketing                
B. Digital marketing
C.  Indirect marketing         
D.  Direct marketing
E. All of these
Answer» E. All of these
819.

Market expansion means

A. Hiring more staff
B. Firing more staff
C.  Buying more products    
D.  Buying more companies
E. None of these
Answer» F.
820.

Profit by customer satisfaction is a tool of

A. Old concept of marketing
B. New concept of marketing
C.  Production         
D. Price
E. None of these
Answer» C.  Production         
821.

Buying and selling in the marketing functions are categorized as

A. Exchange function    
B. Facilitating function
C.  Distribution function  
D.  All of the above
E. None of these
Answer» B. Facilitating function
822.

The aim of successful marketing is

A. To increase the sales                   
B. To increase the profit
C.  To increase the output of sellers
D.  All of the above
E. None of these
Answer» E. None of these
823.

                   Market share can be increased by increasing ?                                                       [SBI Clerk 2012]

A. Raw material cost          
B. The staff strength
C.  Sales
D.  the sales staff
E. Competition   
Answer» D.  the sales staff
824.

Which of the following may be classified as FMCG?                                     [SBI Asst. Clerk 2012]

A. Printing Machines
B. Tobacco product
C.  Lifesaving Drugs
D.  Coin vending Machines
E. Industrial goods  
Answer» C.  Lifesaving Drugs
825.

What is the full form of the abbreviation ASEAN?

A. Association of South East Agro Nations
B. Association of South East Asian Nations
C. Alliance of South East Asian Nations
D. None of these
Answer» C. Alliance of South East Asian Nations
826.

      The Food and Agriculture Organization (FAO) is a wing agency of the-

A. World Bank
B. United Nations Organization
C. ADB
D. None of these
Answer» C. ADB
827.

Many a time we read about Special Drawing Right (SDR) in newspapers. As per its definition, SDR is a monetary unit of reserve assets of which of the following Organizations Agencies?

A. World Bank
B. International Monetary Fund (IMF)
C. ADB   
D.                    RBI      
Answer» C. ADB   
828.

SDK is the currency of IMF, in the form of ?

A. Paper currency
B. Gold
C. Silver and gold both    
D. Book keeping entry only
Answer» E.
829.

                                  Which of the following schemes was launched a few years back to provide wage employment to the rural people in India    (The programmer is being run successfully in addition to NREGA)?                                                [B.C.).B. 2009]

A. Indira Awas Yojana
B.       Accelerated Rural Water Supply Programme
C.       Total Sanitation Campaign
D.       Sampoorna Grameen Rozgar Yojana  
Answer» E.
830.

Which of the following is the scheme for which entire premium of the assured person is paid by the central government?                                                                                                               [LIC ADO 2007)

A. Swarnjaynti Gram Swarojgar Yojan
B.       Janshree Bima Yojana
C.       Shiksha Sahayog Yojana
D.       None of these 
Answer» D.       None of these 
831.

Which of the following committees has recommended that a part of foreign exchange reserves be used for infrastructural    development?                                                                                         [B.C).B. 2007]

A. Parekh Committee  
B.               Rakesh Mohan Committee
C.       Mehta Committee  
D.               Rangarajan Committee
Answer» B.               Rakesh Mohan Committee
832.

The main objective of TRYSEM was?

A. To train rural youth for self-employment
B.       To train urban youth for self-employment
C.       Both of the above
D.       None of these
Answer» B.       To train urban youth for self-employment
833.

Mistry Committee in its final report recommends full capital account convertibility by?

A. 2008 end
B.          2009 end   
C.       2010 end                      
D.        2011 end
Answer» B.          2009 end   
834.

Which committee recommended tax on Agriculture holdings?

A. Bhootlingam Committee
B.       Wanchoo Committee
C.       Raj Committee 
D.                   None of these
Answer» E.
835.

Tarapore Committee submitted its report on "Full convertibility on Rupee" in?

A. Current account
B.       Capital account
C.       Both in current as well as in capital account
D.       Special Drawing Rights (SDR)
Answer» C.       Both in current as well as in capital account
836.

Pradhanmantri Bharat Jodo Pariyojna is related to?

A. Communication 
B.        Social integration
C.       Linking of rivers            
D.       Development of highways
Answer» E.
837.

Which committee recommended abolition of tax rebates under section?

A. Chelliah Committee
B.                    Kelkar Committee
C.       Shome Committee        
D.         None of those
Answer» C.       Shome Committee        
838.

Price mechanism is a feature of?                                                                         [SSC 2012]

A. Capitalist economy
B.          Barter economy
C.       Mixed economy 
D.       Socialist economy 
Answer» D.       Socialist economy 
839.

The expenses on advertising is called?

A. Implicit cost
B.                    Surplus cost
C.       Fixed cost
D.                    Selling cost  
Answer» B.                    Surplus cost
840.

When the prices of two goods tend to vary inversely they are said to be?                  [SSC 2012]

A. Economic goods
B.          Substitutes
C.       Complements    
D.          Pure goods     
Answer» C.       Complements    
841.

The long term fiscal policy maintains the stability of?

A. Direct tax rates
B.       Indirect tax rates
C.       Ratio of tax revenue to national income
D.       Ratio of direct tax revenue to revenue from indirect tax
Answer» D.       Ratio of direct tax revenue to revenue from indirect tax
842.

                Consumer's sovereignty means?                                                                           [SSC 2005]

A. Consumers are free to spend their income as they like
B.       Consumers have the power to manage the economy
C.       Consumer's expenditures influence the allocation of resources
D.       Consumer goods are free from government control    
Answer» C.       Consumer's expenditures influence the allocation of resources
843.

Interest on public debt is a part of?                                                                      [SSC S.O. 2005]

A. Transfer payments by the enterprises
B.       Transfer payments by the governments
C.       National Income
D.       Interest payments by households 
Answer» C.       National Income
844.

       The sum total of incomes received for the services of labour land or capital in a country is called?[SSC S.I. 2005]

A. Gross domestic product
B.        National income
C.       Gross domestic income 
D.            Gross national income
Answer» D.            Gross national income
845.

Sellers? market denotes a situation where?

A. Commodities are available at competitive rates
B.       Demand exceeds supply
C.       Supply exceeds demand
D.       Supply and demand are evenly balanced   
Answer» C.       Supply exceeds demand
846.

Gresham's law is related to?                                                                                [SSC 2005]

A. Consumption and demand  
B.       Supply and demand
C.       Circulation of money    
D.       Deficit financing   
Answer» D.       Deficit financing   
847.

One of the essential conditions of Monopolistic competition is?                    [SSC Tax Assistant 2005]

A. Many buyers but one seller  
B.       Price discrimination
C.       Product differentiation 
D.           Homogenous product
Answer» D.           Homogenous product
848.

  Which of the following is not viewed as national debt?

A. Life insurance policies  
B.            Long term government bonds
C.       National saving certificates  
D.        Provident fund     [SSC 2006]
Answer» B.            Long term government bonds
849.

In India, the population growth rate is high because?                                              [SSC  2006]

A. Birth rate as well as death rate is high
B.       Birth rate has fallen less than the death rate
C.       Death rate has fallen but birth rate remains high
D.       Death rate has fallen less than the birth rate     
Answer» D.       Death rate has fallen less than the birth rate     
850.

  Price theory is known as?

A. Macro economics  
B.                Development economics
C.       Public economics          
D.        Micro economics
Answer» E.