Marketing Quiz Questions for SBI PO Exam 2014

1) DSA Means -

(A)District sales Authority

(B)Direct Selling Agent

(C)Distributor and Sales agent

(D)None of these

(E)All of these

Ans. (B)Direct Selling Agent

2) Marketing is – Find the wrong option -

(A) an ancient concept

(B) a modern concept

(C) a continuous affair

(D) a team effort

((E)None of these

Ans. (A)an ancient concept

3) Bank Marketing is treated as -

(A)Transaction marketing

(B)Service marketing

(C)Indoor marketing

(D)all of these

(E)None of these

Ans. (B)Service marketing

4) .....................  is used to decide Advertising Method

(A)Task & Objective Method

(B)Concurrent Test Method

(C)Market Share Approach

(D)Both a and c

(E)All the above

Ans. (D)Both a and c

5) SME means -

(A)Small and medium enterprises

(B)Small scale marketing entities

(C)Small & medium establishments

(D)None of these

Ans. (A)Small and medium enterprises

6) “Conversion” in sales language means -

(A)Converting a buyer into a seller

(B)Converting a seller into a buyer

(C)Converting a prospect into customer

(D)All of these

(E)None of these

Ans. (C)Converting a prospect into customer

7) Target market for debit card is -

(A)All existing account holder

(B)All sales persons

(C)All NRI’s

(D)All HNI’s

(E)All of these

Ans. (A)All existing account holder

8) Government economic policy based on taxation and public expenditure is known as :

(A)Monetary policy

(B)Fiscal policy

(C)Economic policy

(D)Spending policy

(E)None of these

Ans. (B)Fiscal policy

9) Which of the following is an example of an indirect tax?

(A)Income tax

(B)Wealth tax

(C)Inheritance tax

(D)Corporation tax

(E)Value added tax

Ans. (E)Value added tax

10) Which of the following is the best definition of a market?

(A)A shopping center

(B)An arrangement of buyers and sellers

(C)An industry with many competitors

(D)An industry that is not a monopoly

(E)None of above

Ans. (A)A shopping center

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Daily Current Affairs Updates: 03 June 2014

1) RBI kept key policy rates unchanged, slashed SLR by 50 bps:  Reserve Bank of India governor Raghuram Rajan kept the key policy repo rate unchanged at 8 per cent on Tuesday, as widely expected, with consumer price inflation coming down this year after a series of tightening steps by the central bank. The central bank also took steps to increase the availability of credit, reducing the mandatory amount of bonds lenders must park at the RBI — called the statutory liquidity ratio — by 50 basis points to 22.5 per cent of deposits, starting in mid-June.

>> Current RBI Rates are as follows:

1) Bank Rate : 9 % : from 28th January 2014

2) Repo Rate:  8 %: from 28th January 2014

3) Reverse Repo Rate: 7 %: from 28th January 2014

4) Cash Reserve Ratio (CRR): 4.00%: from 9th February 2013

5) Statutory Liquidity Ratio (SLR): 22.50%: from 3rd June 2014

6) Marginal Standing Facility (MSF): 9%: 28th January 2014

2) Union Rural Development Minister Gopinath Munde died in road accident: Union Rural Development Minister Gopinath Munde was on his way to the Delhi airport on Tuesday morning to catch a flight to his constituency in Beed of Maharashtra to address a victory rally when he was killed in a road accident. Around 6.20 a.m. at a traffic intersection, an Indica, driven by Gurvinder Singh, hit Mr. Munde’s official car on the rear left side, where he was sitting. The post-mortem report revealed that the 64-year-old Minister died of cardiac arrest. Mr. Munde’s liver was ruptured and he suffered two fractures in the spine. Union Health Minister Harsh Vardhan said a litre and a half of blood got accumulated in Mr. Munde’s abdomen. Mr. Munde’s driver took him to the AIIMS, where he was declared dead around 7.20 a.m.

3) Hashim Amla Named New South African Test Captain: South African star batsman Hashim Alma was named the country's Test cricket captain on Tuesday, replacing retiring Graeme Smith who led the side for a decade. A "glad and humbled" Amla said he would give "all his heart" to the role, vowing to put together a "winning combination" able to return South Africa to the top of the Test rankings. Amla, 31, who made his test debut against India in Kolkata 10 years ago, praised the work done by his predecessor, whose legacy looms large. Smith had captained South Africa in a world-record 109 Tests before announcing his retirement during the third and final Test against Australia last March. Amla's first assignment will be to lead South Africa in two Tests in Sri Lanka during July.

4) Microsoft Devices launches Nokia 225 feature phone at Rs 3,329: Microsoft Devices has launched Nokia 225, a new, entry level feature phone, at Rs 3,329. The phone comes with a 2.8-inch QVGA display and will be available in a number of colours including red, green, yellow, white and black.

Nokia 225 also features a splash and dust-proof keymat. The dual-sim phone doesn't offer 3G or Wi-Fi connectivity options but supports mobile data on 2G.

5) Oman foreign minister meets PM, Sushma: Oman Foreign Minister Yousuf Bin Alawi Bin Abdullah, the first foreign dignitary to visit India since the Narendra Modi government came to power, Tuesday met the prime minister, as also External Affairs Minister Sushma Swaraj, and discussed ways to boost trade and investment between the two countries. Abdullah, special envoy of the sultan of Oman, called on Prime Minister Modi at his South Block office and conveyed the greetings of the Sultan and reaffirmed the importance of ties with India.

6) Jammu and Kashmir raised retirement age of employee to 60: Jammu and Kashmir government on 3 June 2014 announced the enhancement of the retirement age of government employees from 58 to 60 years. The cabinet also raised the upper age limit for youths to obtain government jobs from 37 to 40 years. It also announced several other employee-friendly measures and pledged itself to redress their grievances.

7) UP government ordered establishment of women helpline in each district of State: Akhilesh Yadav, the Chief Minister of Uttar Pradesh on 3 May 2014 ordered setting up of women helpline in 75 districts of the state. As per the directive, the helpline of each district will be monitored and maintained by the SSP and SP of the district.

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GK Questions useful for Civil Service Exam 2014, SBI PO/Clerk 2014, SSC CGL 2014 etc

1) Which amongst the following states sends highest number of parliamentarians in Lok Sabha?

(A)Maharashtra

(B)Bihar

(C)Andhra Pradesh

(D)Tamil Nadu

Ans. (A)Maharashtra

2)  How many members can be nominated in Rajya Sabha by the President?

(A)10

(B)12

(C)17

(D)15

Ans. (B)12

3)  From which date the model code of conduct is enforced in elections?

(A)From the date of notification

(B)From the last date of filling the nomination

(C)From the last date of withdrawal of candidatures

(D)From the date of announcement of election schedule by the Election Commission

Ans. (D)From the date of announcement of election schedule by the Election Commission

4) Which amonst the following was not a constituent Assembly Member?

(A)G.Durgabai Deshmukh

(B)Mrs. Hansa Mehta

(C)Mrs. Renuka Ray

(D)Vijaylaxmi Pandit

Ans. (D)Vijaylaxmi Pandit

5) The theory which gave birth to the French Revolution and the Revolution in America is

(A)Legal theory of rights

(B)Theory of natural rights

(C)Social welfare theory

(D)Historical theory of rights

Ans. (B)Theory of natural rights

6) On which plate margins maximum volcanoes & earthquakes occur?

(A)Destructive Plate Margins

(B)Constructive Plate Margins

(C)Conservative Plate Margins

(D)None of the above

Ans. (B)Constructive Plate Margins

7) 180 degree Longitude is known as

(A)Prime Meridian

(B)International Date Line

(C)Greenwhich Time

(D)Equator

Ans. (B)International Date Line

8) The Asiatic Society of Bengal was founded by

(A)Sir James Grant

(B)Max Mullor

(C)Sir Wlliam Jones

(D)Macaulay

Ans. (C)Sir Wlliam Jones

9) The Right which is a legal but not a fundamental right

(A)Freedom to move freely

(B)Right against expolitation

(C)Right to minorities to establish educational institutions

(D)Right to property

Ans. (D)Right to property

10) Which of the following is not a session of Lok Sabha?

(A)Budget session

(B)Summer session

(C)Winter session

(D)Monsoon Session

Ans. (B)Summer session

11) The constitutional schedule which contain the list of recognised laguages of India is

(A)7th Schedule

(B)8th Schedule

(C)9th Schedule

(D)10th Schedule

Ans. (B)8th Schedule

12) In which sector, industries are included?

(A)Primary Sector

(B)Secondary Sector

(C)Service Sector

(D)None of the above

Ans. (B)Secondary Sector

13) When did Parliament passed the Consumer Protection Act?

(A)15th Decemebr, 1985

(B)24th Decemebr, 1986

(C)15th March, 1985

(D)24th Decemebr, 1987

Ans. (B)24th Decemebr, 1986

14) Coins in India are minted by

(A)Reserve Bank of India

(B)Satet Bank of India

(C)Government of India

(D)Planning Commission

Ans. (C)Government of India

15) The components of Human Development Index are

(A)Life expectancy, per capita GDP and sex ratio

(B)Sex ratio, educational attainment and pure drinking water

(C)Life expectancy, per capita GDP and educational attainment

(D)Per capita GDP, infrastructure and sex ratio

Ans. (C)Life expectancy, per capita GDP and educational attainment

16) The incident of Chauri-Chaura is associated with

(A)Non-cooperation Movement

(B)Civil Disobedience Movement

(C)Quit India Movement

(D)Revolutionary MOvement

Ans. (A)Non-cooperation Movement

17) In which states and union territories the sex ratio is in favour of Females (2011)?

(A)Kerala and Puducherry

(B)Kerala, Puducherry & Laksha-dweep

(C)Puducherry and Tamilnadu

(D)Tamilnadu and Laksha-dweep

Ans. (A)Kerala and Puducherry

18) Which of the following statements is/are correct about Reserve Bank of India?

(A)It is a Nationalised bank.

(B)It is the Central bank of India.

(C)It was established in 1935.

(D)All of the above

Ans. (D)All of the above

19) A personal account can not be opened in

(A)A Cooperative Bank

(B)A Scheduled Bank

(C)The Reserve Bank of India

(D)A Private bank

Ans. (C)The Reserve Bank of India

20) The Governor of Reserve Bank of India is

(A)Dr. D. Subbarao

(B)Bimal Jalan

(C)C. Rangrajan

(D)Raghuram Rajan

Ans. (D)Raghuram Rajan

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Latest Current Affairs MCQs- 31 May 2014

1) Narendra Modi-led NDA government on 31 May 2014 abolished all EGoMs (Empowered Group of Ministers) and GoMs (Group of Ministers) for expeditious decisions and greater accountability. How many EGOMs and GOMs respectively were in operation?

(A) 9, 21

(B) 10,16

(C) 9, 15

(D) 5, 12

2) World No Tobacco Day was observed every year on May 31 to raise awareness about the health risks associated with tobacco use. From which year May 31 is observed by WHO as No Tobacco Day?

(A) 1991

(B) 1987

(C) 1989

(D) 2004

3) Who was recently appointed as the Protem Speaker of Lok Sabha?

(A) L K Advani

(B) Karia Munda

(C) Mallikarjun Kharge

(D) Kamal Nath

4) Which country is hosting the World Cup Hockey 2014 from May 31 to June 15, 2014?

(A) Netherlands

(B) South Korea

(C) India

(D) Belgium

5) Who has been selected as the goodwill ambassador of 35th National Games which is scheduled to be held in Kerala from January-February 2015?

(A) P T Usha

(B) Sachin Tendulkar

(C) Abhinav Bindra

(D) Mary Com

6) Hindustan Motors on 25 May 2014 halted the production of India's which iconic car due to weak demand and lack of funds?

(A) Ambassador

(B) Maruti 800

(C) Pajero

(D) Alto

7) The 23rd World Economic Forum on East Asia was recently concluded at?

(A) Indonesia

(B) Japan

(C) China

(D) Philippines

8) Which among the following countries has won the AFC Women’s Asian Football Cup 2014?

(A) Australia

(B) India

(C) China

(D) Japan

9) As per the latest data which country has replaced Mauritius as the top source of foreign direct investment into India?

(A) China

(B) Russia

(C) Singapore

(D) Saudi Arabia

10) India and which one of the following countries has come together to conduct a joint naval exercise titled “Simbex-14” recently?

(A) France

(B) Russia

(C) USA

(D) Singapore

Answers

1) Ans. (A) 9, 21

2) Ans. (B) 1987

3) Ans. (D) Kamal Nath

4) Ans. (A) Netherlands

5) Ans. (B) Sachin Tendulkar

6) Ans. (A) Ambassador

7) Ans. (D) Philippines

8) Ans. (D) Japan

9) Ans. (C) Singapore

10) Ans. (D) Singapore

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RBI Grade-B Officers Recruitment 2014 for 117 Posts

Reserve Bank of India invited applications for the recruitment of 117 Officers Grade ‘B’ (General) Vacancies on Direct recruitment basis. Eligible candidates can apply online form 03-06-2014 to 23-06-2014. Details are as follows:

RBI Vacancy Details:

Total No of Posts: 117

Name of the Post: Officers Grade ‘B’

1. GEN/ UR: 58 Posts

2. SC: 15 Posts

3. ST: 08 Posts

4. OBC: 36 Posts

Important Dates

Opening Date for Registration: 03 June 2014

Closing Date for Registration: 23 June 2014

Payment of Fee (Online): 03 June 2014 to 23 June 2014

Payment of Fee (Offline): 05 June to 26 June 2014

Date of Examination: 2/3/9/10 August 2014

Tentative Date for Descriptive type Written Exam: September/ October 2014

Age Limit: Candidates age should be between 21 years to 30 years as on 01-06-2014 i.e candidates must have born not earlier than 02-06-1984 and not latter than 01-06-1993. Age Relaxation is applicable for SC/ ST/ EXS candidates.

Educational Qualification: Candidates should possess Bachelor’s Degree with minimum of 60% marks or second class Masters Degree with minimum 55% marks or Doctorate degree with 50% marks or CA/ Cost Accountant/ ACS with Bachelor Degree, PG degree in Management/ MBA/ University grant commission with Graduation/ Bachelors Degree or an equivalent grade in aggregate of all semesters/ years.

Selection Procedure: Selection will be through Examinations and Interview. Examinations will be held in two phases [Phase-I ON-LINE Examination (Objective Type) and Phase-II Written Examination (Descriptive type) & interview.

Application Fee: Candidates have to pay Rs.850/- for Gen/ OBC candidates, Rs.100/- for SC/ ST/ PWD candidates and no fee for Staff paid through the following mode.

Online Mode: Candidates have to pay the fee through Masters/ Visa/ Debit/ credit cards/ internet from 03-06-2014 to 23-06-2014.

Offline Mode: Candidates have to pay the fee through system generated challan paid at any Branch of Baroda/ Bank of India/ Bank of Maharastra/ central bank of India/ Indian Overseas Bank/ Punjab National Bank/ United Bank of India from 05-06-2014 to 26-06-2014.

How to Apply: Eligible candidate can apply online from the website http://www.rbi.org.in/ from 03-06-2014 to 23-06-2014 and send hard copy of application to the Office Board on or before 03-07-2014.

Instructions to Apply Online:

1. Before applying online candidates have to scan photo and signature and have valid email id.

2. Make Payment as mentioned above.

3. Log on to the website http://www.rbi.org.in/

4. Click on About Us—-> Opportunities at RBI

5. Click on Current Vacancies—–> Vacancies.

6. Click on Apply Online.

7. Fill all the details and upload photo and signature and click on Submit button.

8. You will get a Provisional registration number and password retain it for future use.

9. Take print out of application and send to the above mentioned address.

For more details see the notification from below link.

View Official Recruitment Notification: Click Here

Apply Online: Click Here

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Important Current Affairs Updates: 2 June 2014

1) India’s 29th state Telangana is born: Turning the clock back 57 years when Telugu-speaking Telangana region of Hyderabad was merged with Andhra state in November 1956, a new state of Telangana came into being, capping numerous struggles for statehood. It is for the first time since 2000 - when three new states of Jharkhand, Chhattisgarh and Uttarakhand were carved out of Bihar, Madhya Pradesh and Uttar Pradesh respectively during NDA's rule at the Centre - that a new state has been created. The governor will be responsible for law and order in Hyderabad that will be the joint capital of Telangana and Andhra Pradesh for a 10-year period, according to legislation passed by Parliament. Hyderabad will become the exclusive capital of Telangana after the 10-year period. Read more details from here.

2)  K Chandrasekhar Rao sworn in as the first CM of Telengana State: Telangana Rashtra Samithi (TRS) chief K Chandrasekhar Rao on Monday took over as the first chief minister of Telangana as the stroke of midnight hour heralded its birth as the 29th state of the Union, ending decades of turbulent struggle for the region in Andhra Pradesh. Rao, who quit the Telugu Desam Party and floated TRS in 2001 to champion the cause of separate statehood, was sworn in as the CM by governor ESL Narasimhan. His son KT Rama Rao, nephew T Harish Rao and nine others were also sworn in. The TRS emerged as the single largest party in the new state assembly during elections in April-May, winning 63 seats in the 119-member House.

3) Mallikarjun Kharge to be leader of Congress in Lok Sabha: With Congress vice-president Rahul Gandhi reluctant to take on the responsibility of leading his party in the Lok Sabha, party chief Sonia Gandhi on Monday nominated former Railway Minister Mallikarjun Kharge as the leader of the party in the lower house. However, it is still unclear whether the Congress, with its all-time low tally of 44, will get the Leader of the Opposition status. Kharge, 71, the party’s veteran Congress leader from Karnataka and its Dalit face in the state, is a second-term MP. He is also a nine-time MLA, having never lost an election, and was the Leader of the Opposition in Karnataka.

4) Virat Kohli bags Ceat International Cricketer of the Year award: India's top batsman Virat Kohli on Monday won the Ceat International Cricketer of the Year award while off-spinner Ravichandran Ashwin, the fastest player from the country to pick 100 Test wickets, bagged the Indian Player of the Year award for 2013-14. Left-handed opener Shikhar Dhawan was named the International Player of the Year while Robin Uthappa, who was part of the triumphant Karnataka Ranji Trophy team, clinched the Domestic Cricketer of the Year honour at a function held in Mumbai.

5) England beat India 2-1 in World Cup Hockey: India crashed to their second defeat in the men's hockey World Cup by conceding a late goal yet again to go down 1-2 against England at the Kyocera Stadium on Monday. England prevailed through a 69th-minute penalty corner rebound conversion by Simon Mantell.

6) RK Malhotra given additional charge as Chairman of IOC: R K Malhotra, Director (R&D) at Indian Oil Corp (IOC), has been given additional charge as Chairman of the nation's largest company as appointment of a regular head has been delayed. RS Butola retired as Chairman of IOC on Saturday but the appointment of his successor B Ashok, who was selected by government head-hunters Public Enterprise Selection Board ( PESB) in October 2013, is yet to be formalised.

7) Kavery Banerjee is new Secretary at Department of Posts: The government on Monday approved Kavery Banerjee as Secretary of Department of Posts following retirement of P Gopinath on May 31. "The Appointments Committee of the Cabinet has approved the appointment of Ms Kavery Banerjee, IPoS (Indian Postal Services) 78, as Secretary, Department of Posts, Chairperson, Postal Services Board and Director General, Postal Services," an official statement said. Banerjee was serving as Member (Technology) in Postal Services Board before being elevated to the new post.

8) Samsung to launch first Tizen-based smartphone: amsung Electronics Co Ltd (005930.KS) plans to launch the first smartphone based on its Tizen operating system in the third quarter, marking the company's latest bid to build up its own ecosystem and reduce reliance on Google Inc's (GOOGL.O) Android. The South Korean firm on Monday said the Samsung Z, which comes with a 4.8 inch high-definition display and offers features such as a fingerprint sensor, will be unveiled at the Tizen Developer Conference in San Francisco on Tuesday.

9) Indo-French air exercise begins: The fifth Indo-French bilateral air exercise — Garuda-V — began at the Jodhpur Air Base on Monday. It is aimed at enhancing operational cooperation and validating capabilities. The exercise will involve the assets of IAF’s main operational formations, including the Gandhinagar-based South Western Air Command and the Allahabad-based Central Air Command.

10) SIT draws up roadmap to retrieve black money: The special investigation team set up to probe black money stashed by Indians abroad held its first meeting on Monday during which the roadmap on how to proceed was decided and all agencies were asked to give inputs on black money cases. Sources privy to the meeting said the SIT headed by former Supreme Court judge Justice MB Shah decided to examine whether some of the black money cases could be put on fast track.

11) Arun Jaitley appointed on ADB's Board of Governors: Finance Minister Arun Jaitley has been appointed on the Board of Governors of Philippines-based Asian Development Bank (ADB). "The Union Finance Minister Arun Jaitley has been appointed as India's Governor on the Board of Governors of the Asian Development Bank with effect from May 27," according to an official statement. The position was previously held by former Finance Minister P Chidambaram.

12) Anand Mahindra receives Harvard Medal:  Mahindra Group chairman Anand G Mahindra became the first Indian to receive the prestigious Harvard Medal for his 'dedication, generosity and service' to the university. Harvard president Drew Faust, the Lincoln professor of history, presented Mahindra with the medal at the annual meeting of the Harvard Alumni Association during Harvard's 363rd Commencement Afternoon Program on May 29.

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Telangana becomes India’s 29th state, K. Chandrasekhar Rao sworn in as its first CM

>> Telangana formally became the country's 29th state on 02 June 2014 but it would take a while before it is reflected in the official geographical and political map as the ministry of home affairs is yet to provide boundary details to Survey of India.

>> Washed in pink, India’s 29th state, Telangana, took birth , 58 years after it was merged with the Telugu-speaking regions of southern India, dropping the curtain on a forceful struggle for statehood.

>> Hours after Telangana’s birth at the stroke of midnight, its first chief minister, K. Chandrasekhar Rao, popularly known as KCR, pledged to make the state of 35 million “a role model for other states in India”.

>> After being sworn in, KCR, whose Telangana Rashtra Samithi (TRS) party spearheaded a five-year campaign for statehood, also promised to retain the brand image of Hyderabad and make the city, the state’s economic engine, a slum-free international city.

>> The TRS emerged as the single largest party in the new state assembly during elections in April-May, winning 63 seats in the 119-member House.

>> Narasimhan was sworn in as governor of Telangana on Monday, lifting the President’s Rule imposed on the region when the Andhra Pradesh assembly was placed under suspended animation from February. The other part of Andhra Pradesh will continue to be under President’s Rule until 8 June, when the TDP assumes office there.

>> The governor will be responsible for law and order in Hyderabad that will be the joint capital of Telangana and Andhra Pradesh for a 10-year period, according to legislation passed by Parliament. Hyderabad will become the exclusive capital of Telangana after the 10-year period.

>> The Andhra Pradesh Reorganization Act 2014 was passed in Lok Sabha and Rajya Sabha in February in an unprecedented hurry by the outgoing United Progressive Alliance (UPA), triggering protests from some ruling party ministers and opposition parties.

>> While the two states have been officially divided as per schedule, work to separate some of the functions in various departments between the two governments is still underway.

>> Telangana is bordered by the states of Maharashtra to the north and north-west, Karnataka to the west, Chhattisgarh to the north-east and Andhra Pradesh to the south and east.Telangana has an area of 114,840 square kilometers.

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