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28 September 2014

BANK EXAMINATIONS :: OBJECTIVE QUESTIONS :: SET - 3

* In Banking terminology, loans & advances are considered as "Assets".
* In the era of "Globalisation", of business, M & A is called as "Mergers & Acquisitions".
* MIS means "Management Information System".
* The "Balance Sheet" of an organisation gives "information regarding the financial position as on a particular date".
* The term ESOP means "Employees Stock Option Plan".
* Backup means "protecting data by copying it from the original source to a different destination".
* Two or more computers connected to each other for sharing information form a "Network".
* "Unsolicited e-mail" means "spam".
* "Hypertext Markup Language" is used to write Webpage.
* The first computers were programmed using "Machine Language".
* "Booting" is a process that checks to ensure the components of the computer are operating and connected properly.
* A "Prospect" means "a customer who is likely to be interested in Bank's Product or Service".
* The "Traditional Marketing" style involves "Direct Marketing".
* The "Modern" methods of marketing include publicity on the net, telemarketing, advertisement on the net & soliciting business through e-mails.
* Cross-Selling includes identifying customer needs, matching the products to customer needs, convincing the customers of product benefits and responding to questions and objections of customers.
* The term "Innovation" means "Implementing new ideas or methods".
* A true marketing mindset requires "active mindset".
* "Sales Forecasting" involves "Sales Planning", "Sales Pricing", "Distribution Channels" & "Customer Interests".
* The term "Motivation" means "Inspiring employees to perform better".
* A "Target Market" is that which consists of customers, who need the identified product.
* A "Market Research" is needed for deciding the market area, deciding the right product to be sold, making proper marketing decisions and deciding right time to sell.
* "World No Tobacco Day" is observed on 31st, May.
* The "Upper House of Indian Parliament" is known as "The Rajya Sabha".
* Chinese Parliament is known as "National People's Congress".
* The Chairperson of the Lok Sabha is designated as "Speaker".
* Marketing Plan helps in "Better Results".
* "Market Information" means Knowledge of customer profile and product mix.
* An "Operating System" is "a Collection of programs that controls how your computer system runs and processes information".
* The blinking symbol on the computer screen is called as "Cursor".