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Money, Banking & Marketing

Description: Money Banking and Marketing - Free Online Tests for Banking Finance and Marketing Related Entrance Exams, Jobs and Placement Tests and Study Materials
Number of Questions: 25
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Tags: Bank Clerk Finance Marketing Jobs Placements Finance Study Materials Money Banking Banking and Finance Banking and Marketing Banking Terminologies Banking Awareness Reserve Bank of India General Awareness
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Marketing is

  1. an art

  2. a science

  3. an art and science

  4. an accounting

  5. a science and accounting


Correct Option: C
Explanation:

An Art and Science

Who said that marketing is a managerial process?

  1. Kotler

  2. Cundiff, Still and Govoni

  3. Stanton

  4. Buell

  5. None of these


Correct Option: B
Explanation:

Cundiff, Still and Govoni

Who said, "Inflation is always and everywhere a monetary phenomenon"?

  1. J. B. Say

  2. Amartya Sen

  3. A. Smith

  4. J. Marshal

  5. Milton Friedman


Correct Option: E
Explanation:

Milton Friedman

The main internal factor of a banking environment is

  1. market

  2. staff

  3. customer

  4. All the above

  5. none of these


Correct Option: B
Explanation:

Staff

Which of the following is a measure of ‘narrow money' in India?

  1. M0

  2. M2

  3. M1

  4. M3

  5. M4


Correct Option: C
Explanation:

M1

By what name are the set of guidelines issued by RBI on opening of accounts known?

  1. Know your customer and anti-money laundering

  2. Customer service instructions

  3. Your customer and your products

  4. Know your staff

  5. None of these


Correct Option: A
Explanation:

Know your customer and anti-money laundering

Through which of the following options does marketing concept earn profit?

  1. ATM

  2. Net banking

  3. Product

  4. Customer satisfaction

  5. Staff satisfaction


Correct Option: D
Explanation:

Customer satisfaction 

Reserve Bank of India is a bank of

  1. banks

  2. people

  3. staff

  4. president

  5. none of these


Correct Option: A
Explanation:

Banks

A Bank is regulated by

  1. Indian companies Act, 1956

  2. Banking Regulation Act, 1948

  3. Banking Regulation Act, 1949

  4. Banking Regulation Act, 1952

  5. Banking Regulation Act, 1935


Correct Option: C
Explanation:

Banking Regulation Act, 1949

Sales - Variable cost =

  1. Loss

  2. Profit

  3. Tax

  4. Contribution margin

  5. None of these


Correct Option: D
Explanation:

Contribution margin

NPA stands for

  1. Net Prefer Asset

  2. Net Performing Asset

  3. Non Prefer Asset

  4. Non Performing Asset

  5. None of these


Correct Option: D
Explanation:

Non Performing Assets

REPO operations refer to which of the following?

  1. RBI maintaining status quo in the liquidity

  2. RBI injection of liquidity into the system

  3. Moral suasion by RBI

  4. All of the above

  5. None of these


Correct Option: B
Explanation:

REPO is the RBI injection of liquidity into the system.

Which of the following may be the customer of a bank?

  1. Retired Person

  2. Teacher

  3. Student

  4. All the above

  5. None of these


Correct Option: D
Explanation:

all the above

FDR (in case of Bank) stands for

  1. First Deposits Receipt

  2. Fixed Deposits Receipt

  3. Full Division Rate

  4. Free Deposits Receipt

  5. None of these


Correct Option: B
Explanation:

Fixed Deposits Receipts

Under which act is the RBI empowered to issue directions to banking companies?

  1. RBI Act, 1935

  2. RBI Act, 1940

  3. Banking Regulation Act, 1949

  4. RBI Act, 1949

  5. None of these


Correct Option: C
Explanation:

Banking Regulation Act, 1949

Indian Contract Act, 1872 includes

  1. agreement and contract

  2. contract and derpeciation

  3. profit and depreciation

  4. goods

  5. None of these


Correct Option: A
Explanation:

Agreement and contract

Four C's of marketing express

  1. product's view

  2. market's view

  3. seller's view

  4. buyer's view

  5. None of these


Correct Option: D
Explanation:

Buyer's view

Which of the following is not a component of M1 in India?

  1. Demand Deposits

  2. Time Deposits

  3. Currency with the public

  4. Deposits with RBI

  5. None of these


Correct Option: B
Explanation:

Time Deposits

P/V ratio stands for

  1. Profit Volume Ratio

  2. Price Volume Ratio

  3. Product Volume Ratio

  4. Product Variation Ratio

  5. None of these


Correct Option: A
Explanation:

Profit Volume Ratio

Which of the following is considered to be the central bank of central banks around the world?

  1. RBI

  2. Bank of International Settlements

  3. WTO

  4. World Bank

  5. None of these


Correct Option: B
Explanation:

Bank of International Settlements

Which of the following is not the part of tax structure of a bank?

  1. Income tax

  2. Corporate tax

  3. Sales tax

  4. Service tax

  5. None of these


Correct Option: C
Explanation:

Sales tax

An increase in bank rate in theory leads to

  1. rise in interest rate in general

  2. fall in interest rate in general

  3. unchanged interest rate

  4. Cannot say

  5. None of these


Correct Option: A
Explanation:

An increase in bank rate in theory leads to rise in interest rate in general.

A depreciation in the rupee will cause

  1. exports to be cheaper

  2. imports to be cheaper

  3. fall in domestic money supply

  4. rise in domestic interest rates

  5. none of these


Correct Option: A
Explanation:

A depreciation in the rupee will cause exports to be cheaper.

Who said, "Market segmentation is the strategy of dividing markets in order to conquer them"?

  1. Still

  2. Cundiff

  3. Robert

  4. Kotler

  5. None of these


Correct Option: C
Explanation:

Robert

Price is the amount of money and/or other item with utility needed to acquire a product. Who said this?

  1. Clark

  2. Stanton

  3. Cerey

  4. E.R Jonson

  5. None of these


Correct Option: B
Explanation:

Stanton

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