

McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Uncategorized topics .
101. |
Lead generation means |
A. | Tips for selling tactics |
B. | Tips for better production |
C. | Generating leaders |
D. | Likely sources for prospective clients |
E. | None of these |
Answer» D. Likely sources for prospective clients |
102. |
Marketing Channel means |
A. | Delivery period |
B. | Delivery time |
C. | Delivery place |
D. | All of these |
E. | None of these |
Answer» D. All of these |
103. |
E-marketing is same as |
A. | Virtual Marketing |
B. | Digital Marketing |
C. | Real time marketing |
D. | All of the above |
E. | None of the above |
Answer» D. All of the above |
104. |
Marketing in Banks is: |
A. | A one Day Function |
B. | A One Man Function |
C. | A One off Affair |
D. | All of these |
E. | None of these |
Answer» E. None of these |
105. |
Effective Marketing Helps in: |
A. | Boosting the purchases |
B. | Boosting the sales |
C. | Diversified Business |
D. | Realization of Dreams |
E. | All of these |
Answer» B. Boosting the sales |
106. |
A “Buyer’s Market” means: |
A. | buyers are also sellers |
B. | sellers are also buyers |
C. | there are not sellers |
D. | demand exceeds supply |
E. | supply exceeds demand |
Answer» E. supply exceeds demand |
107. |
The sequence of sales process is |
A. | a call, a lead, presentation, sale |
B. | a lead, a call, presentation, sale |
C. | presentation, sale, lead, call |
D. | presentation, lead, sale, call |
E. | sale, call, lead, presentation |
Answer» B. a lead, a call, presentation, sale |
108. |
A presentation means |
A. | Display of products |
B. | a gift |
C. | explaining the utility of products |
D. | display of communication skills |
E. | All of these |
Answer» C. explaining the utility of products |
109. |
Customer retention means: |
A. | Retaining the customer at the bank for the full day |
B. | quick disposal |
C. | customer dealing with the same bank for a long time |
D. | better standards |
E. | all of these |
Answer» C. customer dealing with the same bank for a long time |
110. |
Niche market means: |
A. | a free market |
B. | a social market |
C. | equity market |
D. | capital market |
E. | a specified market for the target group |
Answer» E. a specified market for the target group |
111. |
Which of the following is target customer? |
A. | structure |
B. | factors |
C. | future customer |
D. | suppliers and producers |
E. | none of these |
Answer» C. future customer |
112. |
“Marketing is a mixture of mixture” this statement is related to: |
A. | product planning |
B. | price determination |
C. | cost |
D. | saving |
E. | marketing mix |
Answer» E. marketing mix |
113. |
Which of the following is the starting point of marketing? |
A. | market |
B. | production place |
C. | buyer’s house |
D. | seller’s house |
E. | all of these |
Answer» A. market |
114. |
Which of the following customers are main customers of a bank? |
A. | customer |
B. | employee |
C. | society |
D. | all of these |
E. | none of these |
Answer» D. all of these |
115. |
For customer oriented company, customer satisfaction is: |
A. | target |
B. | marketing tool |
C. | enterprise of profit |
D. | both land 2 |
E. | all of these |
Answer» D. both land 2 |
116. |
Promotion mix contain(s): |
A. | advertisement |
B. | personnel sale |
C. | sales promotion |
D. | publicity |
E. | all of these |
Answer» E. all of these |
117. |
Demand consists: |
A. | want or need |
B. | willingness to spend |
C. | resource to purchase |
D. | only 1 and 2 |
E. | all of these |
Answer» E. all of these |
118. |
All the market efforts starts with the discovery of: |
A. | Product |
B. | Needs & wants of consumers |
C. | Corruption |
D. | Valid Crime Case |
E. | All of the Above |
Answer» B. Needs & wants of consumers |
119. |
What type of relation is there between company and suppliers? |
A. | Direct |
B. | Indirect |
C. | Multilevel |
D. | Social |
E. | Private |
Answer» A. Direct |
120. |
What decision is taken under Planning? |
A. | What to do? |
B. | When to do? |
C. | How to do? |
D. | Why to do? |
E. | All of the above |
Answer» E. All of the above |
121. |
Out of the following_____________ is NOT one of the three levels of a product. |
A. | Core |
B. | Augmented |
C. | Actual |
D. | Fragmented |
E. | All of these |
Answer» D. Fragmented |
122. |
Out of the following______________ is NOT an objective of pricing. |
A. | Profit |
B. | Stabilising demand and sales of the product |
C. | Improvement in product quality |
D. | Expansion of business |
E. | All of these |
Answer» D. Expansion of business |
123. |
Which of the following pricing methods is NOT based on competitors pricing? |
A. | English Auction |
B. | Sealed-Bid Auction |
C. | Group Pricing |
D. | None of these |
E. | All of these |
Answer» C. Group Pricing |
124. |
A prospect means: |
A. | any customer who walks into the bank |
B. | an employee of the bank |
C. | a customer who is likely to be interested in bank’s product or service |
D. | a depositor of the bank’ |
E. | a borrower of the bank |
Answer» C. a customer who is likely to be interested in bank’s product or service |
125. |
Goods that are typically bought by a consumer based on a comparison of suitability, quality, price & style are called___________ goods. |
A. | Industrial |
B. | Specialty |
C. | Shopping |
D. | Convenience |
E. | All of these |
Answer» C. Shopping |
126. |
Innovation means: |
A. | Compensation |
B. | inspiration |
C. | additional perquisites |
D. | implementing new ideas or new methods |
E. | None of these |
Answer» D. implementing new ideas or new methods |
127. |
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» A. a prospect who is more likely to avail of the Bank’s product |
128. |
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» C. calling on prospective customers |
129. |
The Traditional Marketing style involves: |
A. | Telemarketing |
B. | Digital Marketing |
C. | Indirect Marketing |
D. | Direct Marketing |
E. | All of the above |
Answer» D. Direct Marketing |
130. |
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» E. All of the above |
131. |
A true marketing requires: |
A. | Command and other mindset |
B. | Control Mindset |
C. | Passive mindset |
D. | Active mindset |
E. | None of these |
Answer» D. Active mindset |
132. |
Which of the following sentences is TRUE? |
A. | Marketing is not required in a Buyers’ Market |
B. | Marketing is not required in a Sellers’s market |
C. | Marketing is not required due to competition |
D. | Marketing is not required due to liberalization |
E. | Marketing is not required due to globalization |
Answer» B. Marketing is not required in a Sellers’s market |
133. |
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» C. Knowledge of customer profile and product mix |
134. |
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» E. All of the above |
135. |
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» E. All of these |
136. |
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» B. Initially price is lower and then it is increased |
137. |
Marketing plan helps in: |
A. | better lead generation |
B. | better systems |
C. | better results |
D. | improved balance sheet |
E. | better customer service |
Answer» C. better results |
138. |
If Marketing is done effectively which of the following is NOT required? |
A. | Publicity |
B. | Advertisement |
C. | Market Research |
D. | Market Segmentation |
E. | None of these |
Answer» A. Publicity |
139. |
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» D. Inspiring the employees to perform better |
140. |
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» D. the seller should aim at customer satisfaction |
141. |
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» D. Marketing involves team work |
142. |
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» D. that which consists of customers who need the identified product |
143. |
Sales forecasting involves: |
A. | Sales Planning |
B. | Sales Pricing |
C. | Distribution Channels |
D. | Consumer tastes |
E. | All of the above |
Answer» E. All of the above |
144. |
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» C. Both land 2 |
145. |
SWIFT – cars are being manufactured by |
A. | DCM |
B. | Maruti |
C. | Premier Automobiles |
D. | Hyundai |
E. | All of these |
Answer» B. Maruti |
146. |
“With you all the way” is the slogan of: |
A. | Vodafone |
B. | SBI |
C. | ICICI |
D. | Raymonds |
E. | All of these |
Answer» B. SBI |
147. |
Which company used the slogan “The complete Man”? |
A. | DCM |
B. | GRASIM |
C. | RAYMONDS |
D. | VIMAL |
E. | All of these |
Answer» C. RAYMONDS |
148. |
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» D. Wills |
149. |
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» C. Location of marketplace |
150. |
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» C. Gift coupon of a chain store |
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