General Socio-Economic and Banking Awareness Quiz 2010

1.      The basis of determining dearness allowance to employees in India is ____?
(A) National Income
(B) Consumer Price Index(Ans)
(C) Standard of Living
(D) Per Capita Income

(E) None

2.      NABARD is _____?
(A) A bank
(B) A board
(C) A block
(D) A department

(E) None

3.      Out of one Rupee expenditure, how much paise have been allotted for subsidy in 2010-11 Union budget proposals?
(A) 12 paise
(B) 10 paise
(C) 9 paise
(D) 7 paise

(E) None

4.      The most densely populated country in South Asia is ___?
(A) Bangladesh
(B) India
(C) Maldives
(D) Sri Lanka

(E) None

5.      Interest Rate Policy is a part of ____?
(A) Fiscal Policy
(B) Industrial Policy
(C) Monetary Policy
(D) Credit Policy

(E) None of these

6.      Indian Green Revolution is the most successful in ____?
(A) Wheat and Potato
(B) Jowar and Oil Seeds
(C) Wheat and Rice
(D) Tea and Coffee

(E) All of these

7.       ‘Public Sector’ means ____?
(A) Government ownership on commerce and trade
(B) Capitalist ownership on commerce and trade
(C) Private ownership on trade
(D) Government ownership on banks

(E) None of these

8.      The largest source of National Income in India is _____?
(A) Service Sector
(B) Agriculture
(C) Industrial Sector
(D) Trade Sector

(E) None

9.      Inside Trading is related to _____?
(A) Share Market
(B) Horse racing
(C) Taxation
(D) Public Expenditure

(E) None

10. 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) To Provide subsidy to Rural People on purchasing goods

 (E) None

11. Which bank in India performs duties of Central Bank?
(A) Central Bank of India
(B) State Bank of India
(C) Reserve Bank of India
(D) Above (A) and (B)

(E) None of these

12. . Which of the following is a better measure of economic development?
(A) Employment
(B) Size of exports
(C) Rural consumption
(D) National Income

(E) None

13. The cause of deflation is ____?
(A) Lack of goods and services as compared to money supply
(B) Lack of imports as compared to exports
(C) Lack of money supply as compared to supply of goods and services
(D) All the above

(E) None of these

14. The Present Service Tax rate is ___?
(A) 8%
(B) 15%
(C) 10%
(D) 12%

(E) None

15. The working of SEBI includes ___?
(A) To regulate the dealings of share market
(B) To check the foul dealings in share market
(C) To control the inside trading of shares
(D) All of these

(E) None of these

16. CAPART is related with ___?
(A) Assisting and evaluating rural welfare programmes
(B) Computer hardware
(C) Consultant service of export promotion
(D) Controlling pollution in big industries

(E) None of these

17. Kutir Jyoti scheme is associated with ___?
(A) Promoting cottage industry in villages
(B) Promoting employment among rural unemployed youth
(C) Providing electricity to rural families living below the poverty line
(D) All of these

(E) None of these

18. VAT is imposed ____?
(A) Directly on consumer
(B) On final stage of production
(C) On first stage of production
(D) On all stages between production and final sale

(E) All the above

19. What is ‘NIKKEI’?
(A) Share Price Index of Tokyo Share Market
(B) Name of Japanese Central Bank
(C) Japanese name of Country’s Planning Commission
(D) Foreign Exchange Market of Japan

(E) Both A & D

20. Minimum Support Price is decided by _______?
(A) ICAR
(B) Finance Minister

(C) Ministry of Agriculture
(D) CACP

(E) None of these

Marketing Aptitude Quiz II - 2010

1.      Customization means ___________?

a)Designing products to suit company

b)Designing products to suit individual customers

c)Designing strategies to suit both company and customers

d)All the above

e)none

2.      For effective marketing the salesmen should have which of the following qualities?

a)Creativity   b)Team spirit   c)Motivation   d)Effective communication skills  e)All of these

3.      If Marketing is done effectively which of the following is not required?

a)Advertisement   b)Publicity   c)Market Research   d)Market Segmentation   e)None of these

4.      Digital Marketing means ____________?

a)Marketing of digital instruments

b)Marketing through Advertisements

c)Marketing through Internet and Telephones

d)Both b & c

e)none

5.      What are the 4 P’s in Marketing?

a)purpose, place, product and promotion

b)person, place, product and promotion

c)price, place, product and promotion

d)person, price, product and promotion

e)none

6.      Relationship selling means __________?

a)Cross selling    b)Selling to relatives   c)telemarketing    d)preparing a list of products to sell for customers   e)none

7.      Credit cards are used for ________?

a)Cash withdrawals    b)Purchase of air tickets   c)Purchase of consumable items from retail outlets   d)All of these   e)None of these

8.      Marketing is successful when __________?

a)Demand exceeds supply    b)Salesman are effectively trained    c)Supply exceeds demand    d)a company sell products  at lower price   e)none

9.      A prospect means __________?

a)a person who is working in a bank/financial institution 

b)details of a company

c)a likely buyer

d)head of an financial institution

e)none

10. NRI is an easy target for effective marketing because _________?

a)he likes Indian goods

b)he is easily approachable

c)it is cheaper to contact NRISs

d)there are special products designed for NRIs

e)none

11. Difference between Direct and Indirect Marketing is_______?

a)Direct marketing is to banks employees, while Indirect is to outsiders

b)Direct marketing is to outsider, while Indirect is to bank employees

c)Direct Marketing is to Bank’s owner, Insiders is to outsiders

d)Direct Marketing is to other Bank’s employees, Indirect s outsiders

e)none

12. Effective marketing helps in ________?

a)developing new products

b)creating a competitive environment

c)building demand for products

d)All of these

e)None of these

13. In Banking services, market can be segmented on the basis of _______?

a)density   b)customers   c)both a and b    d)Neither a nor b    e)none

14. Promotion in Marketing means—

a) passing an examination

b) elevation from one grade to another

c) selling the products through various means

d) selling the product in specific areas

e) None of these

15. In ‘Double-win’ strategy-

a) Customer gets an additional benefit

b) Customer gets price debate.

c) Both customs and the sales person come out with sense of satisfaction

d) Both (a) and (b)

e)none

16. Which among the following is not an example of Direct marketing?

a)tele-marketing   b)sales on internet   c)mail order sales   d)Retail stores   e)none

17. A method, in which Brand equity is measured by comparing difference between the retail price of the brand and the retail price of an unbranded product in the same category is called:

a)Brand goodwill method    b)Price premium method    c)Both a and b   d)Neither a nor b   e)none

18. In marketing ‘initiator’ is a term which describes ________?

a)who determines that some need is not being met and authorities a purchase to rectify the situation

b)who most directly involved in the consumption of the product

c)Both a and b

d)Neither a nor b

e)none

19. A non traditional, low cost, flexible and highly effective marketing is termed as ___________?

a)Strategic marketing    b)Guerilla Marketing(Ans)    c)Direct Marketing    e)Indirect Marketing   e)none

20. Which of the following is most appropriate reason for Bank marketing? 

      a)Globalization

b)Variety of Banking products

c)mergers

d)Recession

e)none

General Awareness Quiz 2010 - 67

1.      Which among the following committee was appointed by the Supreme court of India to study PDS reforms?

a)E.N Rammohan Committee    b)R N Malhohtra Committee   c)C Rangarajan Committee    d)Wadhwa Committee    e)none

2.      What is the name of India’s third indigenous destroyer which was launched on April 2010?

a)INS Shivalik     b)INS Chennai     c)INS Kochi     d)INS Vikramaditya   e)none

3.      What is the India’s rank in the Global Hunger Index with a hunger rate of 23.9 out of 88 countries?

a)38^th     b)44^th    c)56^th    d)65^th    e)none

4.      The government has started implementing liberal FDI rules under which proposals up to Rs 1,200 crore foreign equity would be cleared by the Finance Minister without seeking approval of the ________________?

a)Cabinet Committee on Economic Affairs(CCEA)

b)Department of Industry Policy and Promotion (DIPP)

c)Foreign Investment Promotion Board (FIPB)

d)Prime Minister

e)none

5.      Which country tested the13.8-tonne AC313 heavy lift helicopter that can carry 27 passengers?

a)US    b)France     c)Italy    d)China   e)none

6.      Recently which of the following countries unveiled New Economic Model (NEM) that will transform the nation into a high-income economy?

a)Malaysia    b)India     c)China    d)Brazil    e)none

7.      India has signed a $59.1-million agreement with ___________ for the second tranche of the Himachal Pradesh Clean Energy Development Investment Programme?

a)IMF     b)World Bank    c)ADB   d)NABARD    e)none

8.      Census of India is administered under __________?

a)Ministry of health and family welfare

b)Ministry of social justice and empowerment

c)Ministry of Finance

d)Ministry of Home Affairs

e)none

9.      Who is the head of a high-level committee set up by the Planning Commission to suggest measures for effective management of public expenditure?

a)Nitin Desai    b)M G Rao   c)C Rangarajan     d)R Malhotra   e)none

10. Recently Central Government said that two Indian private sector banks are treated as foreign banks because of the foreign equity of both the banks are around 74 per cent. What are the two banks we are discussing?

a)ICICI, HDFC    b)HDFC, Axis Bank     c)ICICI, Federal Bank   d)Yes Bank, ICICI   e)none

11. Which of the following state celebrated the Golden Jubilee celebrations recently?

a)Kerala     b)Uttar Pradesh    c)Gujarat    d)Rajasthan   e)none

12. Which of the following is India’s first indigenously-built stealth warship?

a)INS Sahyadri    b)INS Shivalik    c)INS Satpura   d)INS Vikramaditya   e)none

13. Who has been declared as the World Statesman Award for the year 2010?

a)Manmohan Singh    b)Angela Merkel    c)Mohamed Nasheed     d)Gordon Brown   e)Barack Obama

14. The Nuclear Security Summit 2010 held at ____________?

a)Paris    b)New York     c)Moscow   d)Brasilia    e)Washington

15. As per the Economist Intelligence Unit's e-readiness ranking for the year 2009, India ranked ______ among the countries of the world?

a)3^rd      b)22^nd     c)36^th    d)58^th   e)none

16. For which of the following schemes in India has got an appraisal from Labour and Employment ministers of G-20 countries?

a)Rashtriya Swasthya Bima Yojana (RSBY), Aam Admi Bima Yojna (AABY)

b)Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY), Mahatma Gandhi National Rural Employment Guarantee Act(MGNREGA)

c) Swarna Jayanti Gram Swarozgar Yojana (SGSY), Jawaharlal Nehru National Urban Renewal Mission(JNNUM)

d)Mahatma Gandhi National Rural Employment Guarantee Act(MGNREGA), Rashtriya Swasthya Bima Yojana (RSBY)

e)none

17. India is planning to invest $1 trillion in ____________ sector during the 12th Five-Year Plan?

a)Infrastructure      b)Education    c)Science & Technology    d)Defense    e)none

18. Which of the following city has bagged the 'Best Metro in Asia Pacific' award, instituted by London-based event management firm Terrapinn?

a)Tokyo     b)Delhi    c)Singapore    d)Beijing    e)none

19. A/c to the experts, after financial crisis, a __________ crisis is likely to affect the world?

a)Liquidity crisis     b)Technological crisis     c)Energy Crisis   d)Currency Crisis   e)none

20. In which of the following countries India has opened its 23^rd cultural relations centre named “Indira Gandhi Cultural Centre”?

a)Nepal     b)Bangladesh     c)Srilanka    d)Afghanistan   e)none