Marketing Practice Test - Set 30

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1. Actuary is ?
1. a person employed by an insurance company to calculate risk involved in an insurance
2. plan where illegal shares and currency is bought
3. both 1 and 2
4. a research team
5. none of these
2. ROI stands for ?
1. Return of Investment
2. Return on Investment
3. Rate of Investment 
4. Ratio of investment to inventory
5. none of these
3. Wear and tear refers to 
1. depreciation
2. appreciation
3. cost of production 
4. purchase price
5. none of these
4. The term "Primary Industry" does not include 
1. agriculture
2. fishing 
3. mining
4. services 
5. none of these
5. Monetary policy of India is determined by 
1. RBI
2. Department of Economic Affairs 
3. Ministry of Finance 
4. Ministry of Commerce
5. none of these
6. What is ISO series ?
1. Documentation of Production processes
2. Engineering process flowchart 
3. Quality management and quality assurance standards 
4. Internal servicing process
5. none of these
7. What term is used to denote a systematic record of a country's exports and imports of visible items of merchandise ? 
1. Balance of Trade
2. Balance of Payments
3. Budget of Trade
4. Budget of Payments 
5. none of these
8. As Dalal Street is for Mumbai Stock exchange, "Wall Street" is for _____________ stock exchange. 
1. London
2. Paris 
3. Melbourne
4. New York 
5. none of these
9. CRR stands for 
1. Cash Reserve Ratio
2. Current Reserve Ratio 
3. Current Ration Ratio 
4. Cash Rationalization Reserve 
5. none of these
10. Agenda :
1. flag used to represent a country / company 
2. an agent of a company secretary working for another company 
3. list of things to be discussed in a meeting 
4. all of these 
5. none of these
11. Letter of credit means ?
1. undertaking given by the importer's bank 
2. letter given by the creditor 
3. document of loan issued by bank 
4. undertaking given by the exporter's bank 
5. none of these
12. Which of the following is a progressive tax ?
1. income tax
2. entertainment tax
3. customs duty 
4. sales tax
5. none of these
13. When an economy faces a situation of high inflation along with a high rate of unemployment, then it is called 
1. hyper inflation 
2. stagflation 
3. running inflation 
4. cyclical unemployment 
5. none of these
14. The point where total costs equal to total revenue is known as ?
1. expansion point 
2. break even point 
3. shut down point 
4. focal point 
5. none of these
15. In India, which price index is used to formulate economic policies ?
1. wholesale price index
2. retail price index 
3. both 1 and 2
4. consumer price index
5. none of these
16. An Affidavit is ?
1. a record of the proceeding of a meeting 
2. an agenda for a meeting 
3. an order from court 
4. a written declaration under oath 
5. none of these
17. An inventory is ?
1.  a set of modern inventions 
2. an itemized list of goods
3. a sophisticated technical specification 
4. a tool for measuring altitudes 
5. none of these
18. Out sourcing means ?
1. option to buy shares at a certain price 
2. legal right to hold someone's goods until a debt has been paid
3. obtaining services from specialist companies rather than employing full time staff 
4. all of these
5. none of these
19. Bullion means 
    
1. stock of shares
2. gold or silver bars
3. expects a rise in prices of shares 
4. falling market 
5. none of these
20. Positioning of a product is based on 
1. the price charged for the product
2. the promotional pitch for the product 
3. product characteristics 
4. all of the above 
5. none of these

Read more Marketing Aptitude Online Practice Tests for SBI Associates Clerks 2014 from below

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Read Complete Marketing Aptitude Study Material for SBI Associates Clerks 2015 from here

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