SBI Bank (Po) General Awareness Exam [18-04-2010]

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SBI PO Quizzes & Trivia

Questions and Answers
  • 1. 

    Which of the following is/are the highiights of the Union Budget 2010-11?  
    1. A number of new steps taken to simplify the Foreign Direct Investment (FDI) regime  
    2. Rs 16,500 cr provided to ensure that the Public Sector Banks are able to attain a minimum 8% capital (Tier 1) by Mar 2011
    3. More than Rs 1,74,000 cr provided for the development of the infrastructure in the country.
     

    • A.

      Only 1

    • B.

      Only 2

    • C.

      Only 3

    • D.

      All 1, 2 and 3

    • E.

      None of these

    Correct Answer
    A. Only 1
    Explanation
    The correct answer is "Only 1" because the highlight mentioned in option 1 is the only one that is mentioned as a highlight of the Union Budget 2010-11. The other options mention different provisions and allocations made in the budget, but they are not specifically mentioned as highlights.

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  • 2. 

    Many a time we read about Special Drawing Right (SDR) in newspapers. As per its definition, SDR is a monetary unit of the reserve assets of which of the following organisations/agencies?

    • A.

      World Bank

    • B.

      International Monetary Fund (IMF)

    • C.

      Asian Development Bank

    • D.

      Reserve Bank of India

    • E.

      None of these

    Correct Answer
    B. International Monetary Fund (IMF)
    Explanation
    SDR is a monetary unit of the reserve assets of the International Monetary Fund (IMF). It is an international reserve asset created by the IMF to supplement the existing official reserves of member countries. SDRs are allocated to member countries in proportion to their quotas in the IMF, and they can be used to supplement a country's official reserves or exchanged for freely usable currencies. The purpose of SDRs is to provide liquidity and stability in the global financial system.

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  • 3. 

    What is the full form of 'NBFC' as used in the Financial Sector?

    • A.

      New Banking Finance Company

    • B.

      National Banking & Finance Corporation

    • C.

      New Business Finance & Credit

    • D.

      Non Business Fund Company

    • E.

      None of these

    Correct Answer
    E. None of these
  • 4. 

    As per the news published in major financial newspapers, the Union Govt is planning to divest 20% stake in the state-owned Hindustan Copper Ltd. What does it really mean?  

    • A.

      The Govt will bring 20% more capital into the company.

    • B.

      The Govt will sell 20% of its total share to the public.

    • C.

      The Govt is planning to purchase 20% shares in the state-owned company.

    • D.

      20% of the total shares in Hindustan Copper Ltd. will be sold to its employees.

    • E.

      None of these

    Correct Answer
    B. The Govt will sell 20% of its total share to the public.
    Explanation
    The correct answer is that the government will sell 20% of its total share to the public. This means that the government plans to reduce its ownership stake in Hindustan Copper Ltd by selling a portion of its shares to the general public. This can be seen as a way for the government to raise funds and also increase the public ownership of the company.

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  • 5. 

    As per the news published In various financial newspapers, the RBI is reworking the roadmap on Capital Account Convertibility. If this is done, who amongst the following would be able to invest in foreign projects or acquire assets outside India without any restrictions?    
    1. Publlc Sector Banks
    2. Companies which are registered in India  
    3. Govt of India
    4. Any Individual

    • A.

      Only 1

    • B.

      Only 2

    • C.

      Only 3

    • D.

      All 1, 2, 3 and 4

    • E.

      None of these

    Correct Answer
    B. Only 2
    Explanation
    As per the news published in various financial newspapers, the RBI is reworking the roadmap on Capital Account Convertibility. This means that there may be changes in the regulations regarding investing in foreign projects or acquiring assets outside India. The correct answer states that only companies which are registered in India would be able to invest in foreign projects or acquire assets outside India without any restrictions. This implies that public sector banks, the government of India, and individuals would still have restrictions or limitations in investing or acquiring assets outside India.

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  • 6. 

    As per the current practice, the maximum part of the Global Foreign Exchange Reserves (more than 60%) and Foreign Exchange Transactions (more than 90%) take place in only one currency all over the world. Which is that currency?

    • A.

      Euro

    • B.

      Pound Sterling

    • C.

      US Dollar

    • D.

      Yen

    • E.

      None of these

    Correct Answer
    C. US Dollar
    Explanation
    The correct answer is US Dollar. This is because the US Dollar is the most widely accepted and used currency for global foreign exchange reserves and transactions. It is considered the world's primary reserve currency and is used for international trade, investments, and financial transactions. The US Dollar's dominance in the global economy is due to factors such as the stability of the US economy, the size and liquidity of the US financial markets, and the influence of the United States in international affairs.

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  • 7. 

    Which of the following schemes announced in the Union Budget 2010-11 will have a direct impact on the pricing pattern of fertilizers?

    • A.

      Minimum support price for food grains

    • B.

      Instant credit for purchase of fertilizers and seeds

    • C.

      Nutrient-based subsidy for fertilizers

    • D.

      Special incentives to small and marginal farmers

    • E.

      None of these

    Correct Answer
    B. Instant credit for purchase of fertilizers and seeds
    Explanation
    The scheme of instant credit for the purchase of fertilizers and seeds will have a direct impact on the pricing pattern of fertilizers. This scheme allows farmers to receive credit immediately to purchase fertilizers and seeds, which can affect the demand and supply dynamics of the fertilizer market. By providing instant credit, farmers may have more purchasing power and could potentially increase their fertilizer usage, which could impact the pricing pattern of fertilizers.

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  • 8. 

    North Korea and USA decided to resume their peace talks after a gap of several months. Both the countries have a dispute over which of the following issues?  

    • A.

      Bailout package offered by USA

    • B.

      Membership of ASEAN to North Korea

    • C.

      Nuclear programme of North Korea

    • D.

      Soaring relations of China with North Korea

    • E.

      None of these

    Correct Answer
    C. Nuclear programme of North Korea
    Explanation
    The correct answer is the nuclear program of North Korea. The peace talks between North Korea and the USA were resumed after a gap of several months due to their ongoing dispute over North Korea's nuclear program. This issue has been a major point of contention between the two countries, with the USA pushing for denuclearization and North Korea seeking to maintain its nuclear capabilities.

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  • 9. 

    Recently, India took part in "Nuclear New Build 2010 Conference" organised in __________

    • A.

      New Delhi

    • B.

      London

    • C.

      Paris

    • D.

      Hong Kong

    • E.

      None of these

    Correct Answer
    B. London
    Explanation
    India took part in the "Nuclear New Build 2010 Conference" organized in London. This indicates that India was actively involved in discussions and negotiations related to nuclear energy and the construction of new nuclear power plants. London was chosen as the location for this conference, which suggests that it is a significant hub for international discussions and collaborations in the field of nuclear energy.

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  • 10. 

    The RBI Governor, in one of his speeches, made a mention of Inflation Index and said "the problem in India is that which inflation index to target as there are several such indices". Which of the following statements is CORRECT in this regard?

    • A.

      There is one WPI index and four CPI indices.

    • B.

      There are four WPI indices and one CPI index.

    • C.

      There are two WPI indices and two crt indices.

    • D.

      There is one WPI index and one CPI index.

    • E.

      There are ten different types ofWPI and CPI indices.

    Correct Answer
    A. There is one WPI index and four CPI indices.
    Explanation
    The correct answer is "There is one WPI index and four CPI indices." This means that in India, there is one Wholesale Price Index (WPI) and four Consumer Price Indices (CPI) that are used to measure inflation. The RBI Governor mentioned the existence of multiple inflation indices, indicating that there are different ways to measure and track inflation in the country.

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  • 11. 

    As per the newspaper reports, the Govt of India made an auction of the Third Generation Spectrum (3G) recently. Which of the following ministries was actively involved in the process?

    • A.

      Ministry of Heavy Industries

    • B.

      Ministry of Science & Technology

    • C.

      Ministry of Commerce

    • D.

      Ministry of Foreign Affairs

    • E.

      None of these

    Correct Answer
    E. None of these
    Explanation
    The correct answer is "None of these" because none of the ministries mentioned (Ministry of Heavy Industries, Ministry of Science & Technology, Ministry of Commerce, Ministry of Foreign Affairs) were actively involved in the auction process of the Third Generation Spectrum (3G).

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  • 12. 

    As we know, with the launch of Nano by Tatas, India has become favourite Small Car Destination of the world. Other than India, which of the following countries is also a popular destination of small cars?

    • A.

      Britain

    • B.

      France

    • C.

      Germany

    • D.

      Thailand

    • E.

      None of these

    Correct Answer
    D. Thailand
    Explanation
    Thailand is also a popular destination for small cars because it has a strong automotive industry and is a major exporter of small cars. Many global car manufacturers have set up production facilities in Thailand to take advantage of its skilled labor, lower production costs, and strategic location for exporting cars to other countries in the region. Additionally, Thailand has a growing domestic market for small cars due to its population and increasing urbanization.

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  • 13. 

    Which of the following agencies/organisations has recently decided that all the Stock Exchanges should introduce physical settlement of equity derivatives?

    • A.

      Reserve Bank of'India

    • B.

      Bombay Stock Exchange

    • C.

      Registrar of Companies

    • D.

      Securities and Exchange Board of India

    • E.

      All of these

    Correct Answer
    D. Securities and Exchange Board of India
    Explanation
    The Securities and Exchange Board of India (SEBI) has recently decided that all the Stock Exchanges should introduce physical settlement of equity derivatives. This means that instead of settling trades through cash, the exchanges will now settle them by the physical delivery of the underlying asset. This decision by SEBI aims to enhance transparency, reduce speculation, and bring more stability to the derivatives market.

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  • 14. 

    Who amongst the following was the Chairperson of the 13th Finance Commission, which submitted its report to the President of India recently?

    • A.

      Mr MV Kamath

    • B.

      Dr C Rangarajan

    • C.

      Dr D Subbarao

    • D.

      Dr Rakesh Mohan

    • E.

      Dr Vijay Kelkar

    Correct Answer
    E. Dr Vijay Kelkar
    Explanation
    Dr Vijay Kelkar was the Chairperson of the 13th Finance Commission, which recently submitted its report to the President of India.

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  • 15. 

    Many economists and financial analysts are of the opinion that India could withstand the recent global economic crisis comfortably because of a good fiscal consolidation and Govts adherence to the targets fixed by the ___________

    • A.

      Fiscal Responsibility and Budget Management Act

    • B.

      Banking Regulation Act

    • C.

      Finance Bill Act

    • D.

      Foreign Exchange Management Act

    • E.

      All of these

    Correct Answer
    E. All of these
    Explanation
    The correct answer is "All of these." Many economists and financial analysts believe that India was able to withstand the recent global economic crisis because of a combination of factors, including good fiscal consolidation and the government's adherence to the targets set by various acts such as the Fiscal Responsibility and Budget Management Act, Banking Regulation Act, Finance Bill Act, and Foreign Exchange Management Act. These acts helped India maintain stability and resilience during the crisis.

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  • 16. 

    As per a recent announcement, the Govt of India will provide an amount of Rs 48,000 cr to develop Rural Infrastructure in the country. This planned development is being undertaken under which of the following schemes?

    • A.

      Bharat Nirman

    • B.

      Indira Aawas Yojana

    • C.

      Backward Region Grant Fund

    • D.

      Drought Mitigation Fund

    • E.

      None of these

    Correct Answer
    A. Bharat Nirman
    Explanation
    The correct answer is Bharat Nirman. The explanation is that the government of India has announced a plan to provide Rs 48,000 crore for the development of rural infrastructure in the country. This development is being undertaken under the Bharat Nirman scheme.

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  • 17. 

    The Finance Minister of India, in one of his speeches, said that "the current high inflation is not because of monetary expansion but due to supply-side bottlenecks in certain essential commodities". This means that the Finance Minister is of the view that
    1. the liquidity position in market is quite comfortable these days.
    2. inflation being experienced these days is not cost- push inflation.
    3. markets are flooded with luxury goods but essential commodities are definitely in short supply.

    • A.

      Only 1 is true

    • B.

      Only 2 is true

    • C.

      Only 1 & 2 are true

    • D.

      All are true

    • E.

      None of these

    Correct Answer
    A. Only 1 is true
    Explanation
    The Finance Minister's statement suggests that the current high inflation is not caused by monetary expansion, indicating that the liquidity position in the market is quite comfortable these days. This implies that option 1 is true.

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  • 18. 

    As per the decision taken by the competent authorities, the Qualified Institutional Buyers (QIBs) are required to pay 100% application money to make them eligible to bid for public issues. How much amount were the QIBs paying as application or margin money prior to this decision?

    • A.

      5%

    • B.

      1%

    • C.

      10%

    • D.

      50%

    • E.

      None of these

    Correct Answer
    C. 10%
    Explanation
    Prior to the decision, the Qualified Institutional Buyers (QIBs) were paying 10% as application or margin money.

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  • 19. 

    Each of the following is a true statement except:

    • A.

      Online systems continually update the master file.

    • B.

      In online processing, the user enters transactions into a device that is directly connected to the computer system.

    • C.

      Batch processing is still used today in older systems or in some systems with massive volumes of transactions.

    • D.

      Information in batch systems will always be up-to-date.

    • E.

      None of these

    Correct Answer
    C. Batch processing is still used today in older systems or in some systems with massive volumes of transactions.
    Explanation
    Batch processing is still used today in older systems or in some systems with massive volumes of transactions. This statement is incorrect because batch processing is not used in modern systems due to its inefficiency in processing real-time data. Online systems continually update the master file, online processing allows users to directly enter transactions into the computer system, and information in batch systems is not always up-to-date. Therefore, the correct answer is that batch processing is not used today.

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  • 20. 

    The deficit reduction plan of which of the following countries was reviewed recently in the meeting of the Finance Ministers of the European Union?

    • A.

      Germany

    • B.

      Romania

    • C.

      Brazil

    • D.

      Hungary

    • E.

      Greece

    Correct Answer
    E. Greece
    Explanation
    The deficit reduction plan of Greece was reviewed recently in the meeting of the Finance Ministers of the European Union.

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  • 21. 

    As per the newspaper reports, China is likely to drop its special 'Yuan' policy soon. What is this special Yuan policy being followed by China at present?
    1. China had initiated the policy of Yuan's exchange rate with dollar to Yuan since 2008 at a specified rate decided by it and not by the market forces.
    2. China has initiated a policy which says that all payments in China should be done in Yuan only. No other currency is acceptable.
    3. China has a policy of accepting all payments for its exports in dollar while all imports are paid in Yuan only. US and some other nations do not agree with this.
     

    • A.

      Only 1

    • B.

      Only 2

    • C.

      Only 3

    • D.

      Only 1 & 2

    • E.

      None of these

    Correct Answer
    A. Only 1
    Explanation
    China's special Yuan policy, as mentioned in the first option, refers to the country's practice of setting the exchange rate between the Yuan and the US dollar since 2008. This means that China determines the value of its currency in relation to the dollar, rather than allowing market forces to dictate the exchange rate.

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  • 22. 

    Kaiane Aldorino, who was crowned Miss World 2009, is from which of the following countries?

    • A.

      Germany

    • B.

      Russia

    • C.

      Austria

    • D.

      Belgium

    • E.

      Gibraltar

    Correct Answer
    E. Gibraltar
    Explanation
    Kaiane Aldorino, who was crowned Miss World 2009, is from Gibraltar.

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  • 23. 

    As per the news published in various newspapers, the RBI is considering the grant of licence to some new companies, particularly NBFCs, to act as full-fledged banks. Which of the following will be considered an NBFC?

    • A.

      NABARD

    • B.

      Life Insurance Corporation of lndia

    • C.

      Reliance Capital

    • D.

      SEBI

    • E.

      None of these

    Correct Answer
    C. Reliance Capital
    Explanation
    Reliance Capital will be considered an NBFC because it is a non-banking financial company. NBFCs are financial institutions that provide banking services like loans, credit facilities, and investment products, but they do not hold a banking license. Reliance Capital falls under this category as it is primarily engaged in financial services and does not have a banking license. NABARD, Life Insurance Corporation of India, and SEBI are not NBFCs as they are different types of financial institutions with specific roles and functions.

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  • 24. 

    Every device on the Internet has a unique  _______ address (also called an "Internet address") that identifies it in the same way that a street address identifies the location of a house.

    • A.

      DH

    • B.

      DA

    • C.

      IP

    • D.

      IA

    • E.

      None of these

    Correct Answer
    C. IP
    Explanation
    Every device on the Internet has a unique IP address (also called an "Internet address") that identifies it in the same way that a street address identifies the location of a house. The IP address is a numerical label assigned to each device connected to a computer network that uses the Internet Protocol for communication. It serves as a unique identifier for the device, allowing it to send and receive data over the internet.

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  • 25. 

    Control in design of an information system is used to  ____________

    • A.

      Inspect the system and check that it is built as per specifications

    • B.

      Ensure that the system processes data as it was designed to and that the results are reliable

    • C.

      Ensure privacy of data processed by it

    • D.

      Protect data from accidental or intentional loss

    • E.

      None of these

    Correct Answer
    B. Ensure that the system processes data as it was designed to and that the results are reliable
    Explanation
    Control in design of an information system is used to ensure that the system processes data as it was designed to and that the results are reliable. This means that the control measures put in place during the design phase of the system help to prevent errors or deviations from the intended design, ensuring that the system functions correctly and produces accurate and trustworthy results.

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  • 26. 

    Which of the following groups of cricket teams was declared joint winner of the Col. C K Naidu Trophy for 2009?

    • A.

      Tamil Nadu & Gujarat

    • B.

      Maharashtra & Kerala

    • C.

      Punjab & Delhi

    • D.

      West Bengal & Maharashtra

    • E.

      None of these

    Correct Answer
    A. Tamil Nadu & Gujarat
    Explanation
    Tamil Nadu and Gujarat were declared joint winners of the Col. C K Naidu Trophy for 2009.

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  • 27. 

    The database administrator's function in an organization is ___________

    • A.

      To be responsible for the more technical aspects of managing the information contained in organizational databases.

    • B.

      To be responsible for the executive-level aspects of decisions regarding information management.

    • C.

      To show the relationship among entity classes in a data warehouse

    • D.

      To define which data mining tools must be used to extract data

    • E.

      None of these

    Correct Answer
    B. To be responsible for the executive-level aspects of decisions regarding information management.
    Explanation
    The correct answer suggests that the function of a database administrator in an organization is to be responsible for the executive-level aspects of decisions regarding information management. This means that the database administrator is involved in making strategic decisions about how information is managed within the organization, such as determining data governance policies, implementing data security measures, and overseeing data integration and data quality initiatives.

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  • 28. 

    Which of the following teams won the Davis Cup tennis finals 2009?

    • A.

      Germany

    • B.

      Spain

    • C.

      Russia

    • D.

      France

    • E.

      None of these

    Correct Answer
    B. Spain
    Explanation
    Spain won the Davis Cup tennis finals in 2009.

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  • 29. 

    What is an 'intranet'?

    • A.

      Internal internet used to transfer information internally

    • B.

      Internal internet used to transfer information to the outside company.

    • C.

      Internal network designed to serve the internal informational needs of a single organization.

    • D.

      Internal network designed to transfer the information between two organizations

    • E.

      None of these

    Correct Answer
    C. Internal network designed to serve the internal informational needs of a single organization.
    Explanation
    An intranet is an internal network that is specifically designed to meet the internal informational needs of a single organization. It is not used to transfer information externally or between two organizations. Therefore, the correct answer is that an intranet is an internal network designed to serve the internal informational needs of a single organization.

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  • 30. 

    In a client/server model, a client program __________

    • A.

      Asks for information

    • B.

      Provides information and files

    • C.

      Serves software files to other computers

    • D.

      Distributes data files to other computers

    • E.

      None of these

    Correct Answer
    A. Asks for information
    Explanation
    In a client/server model, the client program is responsible for requesting information from the server. The server then processes the request and sends the requested information back to the client. Therefore, the correct answer is "asks for information".

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  • 31. 

    Who amongst the following is the recipient of the "CNN-IBN Indian ofthe Year" Award for 2009?

    • A.

      Ratan Tata

    • B.

      AR Rahman

    • C.

      Manmohan Singh

    • D.

      Sachin Tendulkar

    • E.

      None of these

    Correct Answer
    B. AR Rahman
    Explanation
    AR Rahman is the recipient of the "CNN-IBN Indian of the Year" Award for 2009.

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  • 32. 

    To send another station a message, the main thing a user has to know is _________

    • A.

      How the network works

    • B.

      The other station's address

    • C.

      Whether the network is packet-switched or circuit-switched

    • D.

      Whether this is a voice or data network

    • E.

      None of these

    Correct Answer
    B. The other station's address
    Explanation
    To send a message to another station, the main thing a user has to know is the other station's address. This address is essential for establishing a connection and ensuring that the message reaches the intended recipient. Understanding how the network works, whether it is packet-switched or circuit-switched, or whether it is a voice or data network may be helpful in optimizing the message transmission, but the fundamental requirement is knowing the address of the destination station.

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  • 33. 

    A set of inter-related components that collect, process, store and distribute information to support decision making and control in an organization best defmes ____________

    • A.

      Communications technology

    • B.

      A network

    • C.

      An information system

    • D.

      Hardware

    • E.

      None of these

    Correct Answer
    C. An information system
    Explanation
    An information system is a set of inter-related components that collect, process, store, and distribute information to support decision making and control in an organization. It encompasses the technology, people, processes, and data that work together to manage information within an organization. This definition aligns with the given answer choice "an information system."

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  • 34. 

    A _______ is a computer connected to two networks.

    • A.

      Link

    • B.

      Server

    • C.

      Gateway

    • D.

      Bridge way

    • E.

      None of these

    Correct Answer
    D. Bridge way
    Explanation
    A bridge is a computer connected to two networks. It acts as a link between the two networks, allowing them to communicate with each other. A bridge forwards data packets between the networks based on their destination addresses, ensuring that the packets reach the correct network. It helps to extend the network and improve its performance by dividing it into smaller segments.

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  • 35. 

    When you save a presentation, ___________

    • A.

      All slides in a presentation are saved in the same file.

    • B.

      Two files are created; one for graphics and one for content.

    • C.

      A file is created for each slide.

    • D.

      A file is created for each animation or graphic.

    • E.

      None of these

    Correct Answer
    A. All slides in a presentation are saved in the same file.
    Explanation
    When you save a presentation, all slides in the presentation are saved in the same file. This means that all the content, graphics, animations, and slides are stored together in a single file. This makes it easier to manage and share the presentation as there is only one file to work with. Additionally, saving all the slides in the same file ensures that the presentation can be opened and viewed properly with all its elements intact.

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  • 36. 

    In a customer database, a customer's surname would be keyed into a _______

    • A.

      Row

    • B.

      Text field

    • C.

      Record

    • D.

      Computed field

    • E.

      None of these

    Correct Answer
    C. Record
    Explanation
    In a customer database, a customer's surname would be keyed into a record. A record is a collection of related data fields that contain information about a particular entity, in this case, a customer. Each record in the database represents a unique customer, and the surname field within that record would store the customer's last name.

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  • 37. 

    Find the correct statement.

    • A.

      Marketing is redundant in monopolistic companies.

    • B.

      The performance of a salesperson depends on the amount of incentives paid.

    • C.

      Marketing is influenced by peer performance.

    • D.

      An increase in market share indicates fall in business volume.

    • E.

      A Mission statement is part of the Company's Prospectus.

    Correct Answer
    E. A Mission statement is part of the Company's Prospectus.
    Explanation
    A mission statement is a formal summary of the aims and values of a company, and it is typically included in the company's prospectus. The prospectus is a legal document that provides information about the company's business, financials, and investment opportunities. Therefore, the statement "A Mission statement is part of the Company's Prospectus" is correct.

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  • 38. 

    Storing saine data in many places is called _______

    • A.

      Iteration

    • B.

      Concurrency

    • C.

      Redundancy

    • D.

      Enumeration

    • E.

      None of these

    Correct Answer
    C. Redundancy
    Explanation
    Storing the same data in multiple places is called redundancy. This practice is often used to ensure data availability and fault tolerance in case one copy of the data becomes inaccessible or corrupted. Redundancy can be achieved through various methods such as data replication, backup systems, or distributed storage systems.

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  • 39. 

    Which of the following is the first step in the 'transaction processing cycle', which captures business data through various modes such as optical scanning or at an electronic commerce website?

    • A.

      Document and report generation

    • B.

      Database maintenance

    • C.

      Transaction processing

    • D.

      Data Entry

    • E.

      None of these

    Correct Answer
    A. Document and report generation
    Explanation
    The first step in the transaction processing cycle is capturing business data, which can be done through various modes such as optical scanning or at an electronic commerce website. Document and report generation, while an important part of the overall process, is not the first step. The first step is focused on capturing the data itself, while document and report generation comes later in the cycle.

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  • 40. 

    CRM (Customer Relationship Management) is __________

    • A.

      A pre-sales activity

    • B.

      A tool for lead generation

    • C.

      An ongoing dally activity

    • D.

      The task of a DSA

    • E.

      All of the above

    Correct Answer
    E. All of the above
    Explanation
    CRM (Customer Relationship Management) is a comprehensive approach to managing interactions with current and potential customers. It involves pre-sales activities such as lead generation, as well as ongoing daily activities to maintain and improve customer relationships. Additionally, CRM can be used as a tool for lead generation, helping businesses identify and target potential customers. Therefore, the correct answer is "All of the above" as CRM encompasses all of these aspects.

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  • 41. 

    Horne Loans can be best canvassed among ________  

    • A.

      Builders

    • B.

      Flat owners

    • C.

      Land developers

    • D.

      Agriculturists

    • E.

      Individuals wanting to buy a flat or house

    Correct Answer
    E. Individuals wanting to buy a flat or house
    Explanation
    Horne Loans can be best canvassed among individuals wanting to buy a flat or house. This is because Horne Loans provides financial assistance specifically for individuals who are looking to purchase a residential property. They offer loans and mortgage options that cater to the needs of homebuyers, making them the ideal choice for those who are in the market for a new home.

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  • 42. 

    The target group for SME loans is  _______  

    • A.

      All Businessmen

    • B.

      All Professionals

    • C.

      All SSIs

    • D.

      All of the above

    • E.

      None of these

    Correct Answer
    C. All SSIs
    Explanation
    The correct answer is "All SSIs". This means that the target group for SME loans includes all Small Scale Industries (SSIs). This suggests that SME loans are specifically designed to cater to the financial needs of small businesses in the SSI sector.

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  • 43. 

    One of the following is not included in the 7 P's of Marketing. Find the same.  

    • A.

      Product

    • B.

      Price

    • C.

      Production

    • D.

      Promotion

    • E.

      None of these

    Correct Answer
    C. Production
    Explanation
    The correct answer is "Production" because the 7 P's of marketing are Product, Price, Place, Promotion, People, Process, and Physical Evidence. "Production" is not one of the elements included in the 7 P's of marketing.

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  • 44. 

    SME means ________

    • A.

      Selling and Marketing Establishment

    • B.

      Selling and Managing Employee

    • C.

      Sales and Marketing Entity

    • D.

      Small and Medium Enterprises

    • E.

      None of these

    Correct Answer
    D. Small and Medium Enterprises
    Explanation
    SME stands for Small and Medium Enterprises. This term refers to businesses that have a small to medium-sized workforce and revenue. SMEs play a crucial role in the economy as they contribute to job creation, innovation, and economic growth. They are often considered the backbone of many economies around the world.

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  • 45. 

    Data mining means analysing the data stored with ________  

    • A.

      The DSA

    • B.

      The front-office staff

    • C.

      The back-office staff

    • D.

      The customers

    • E.

      None of these

    Correct Answer
    C. The back-office staff
    Explanation
    Data mining refers to the process of analyzing large sets of data to discover patterns, trends, and insights. In this context, the back-office staff is responsible for handling and storing data, making them the most likely group to perform data mining tasks. The DSA, front-office staff, and customers may interact with the data, but they are not typically involved in the analysis and mining of the data. Therefore, the correct answer is the back-office staff.

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  • 46. 

    Which of the following is not involved in the Growth Strategies of a Company?

    • A.

      Horizontal integration

    • B.

      Vertical integration

    • C.

      Diversification

    • D.

      Intensification

    • E.

      None of these

    Correct Answer
    D. Intensification
    Explanation
    Intensification is not involved in the growth strategies of a company. Growth strategies typically involve horizontal integration, which is the acquisition of similar businesses; vertical integration, which is the expansion into different stages of the supply chain; and diversification, which is the expansion into new markets or industries. Intensification, on the other hand, refers to increasing the intensity or focus on existing markets or products, rather than expanding into new areas.

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  • 47. 

    Bancassurance can be sold to ________ 

    • A.

      All banks

    • B.

      All insurance companies

    • C.

      Insurance Agents

    • D.

      All existing and prospective bank customers

    • E.

      All of the above

    Correct Answer
    D. All existing and prospective bank customers
    Explanation
    Bancassurance can be sold to all existing and prospective bank customers because it is a partnership between a bank and an insurance company. This means that the bank can offer insurance products to its existing customers as well as attract new customers by providing insurance services. By offering bancassurance to all existing and prospective bank customers, the bank can increase its revenue and provide additional financial services to its customers.

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  • 48. 

    A successful "Blue Ocean Strategy" requires ________   

    • A.

      Effective communication

    • B.

      Innovative skills

    • C.

      Motivation

    • D.

      All of the above

    • E.

      None of these

    Correct Answer
    D. All of the above
    Explanation
    A successful "Blue Ocean Strategy" requires effective communication, innovative skills, and motivation. Effective communication is necessary to convey the vision and goals of the strategy to all stakeholders involved. Innovative skills are essential to identify and create new market opportunities that are unique and different from existing competitors. Motivation is crucial to drive and sustain the implementation of the strategy, as it often involves taking risks and challenging the status quo. Therefore, all of the above factors are necessary for a successful "Blue Ocean Strategy".

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  • 49. 

    Cross-selling is the basic function of _________

    • A.

      All employers

    • B.

      All employees

    • C.

      All salespersons

    • D.

      Planning Department

    • E.

      All of the above

    Correct Answer
    C. All salespersons
    Explanation
    Cross-selling is the basic function of all salespersons. This means that it is the responsibility of salespersons to not only sell a specific product or service to a customer, but also to identify and promote additional products or services that may be of interest to the customer. By cross-selling, salespersons can increase sales revenue and provide a better customer experience by offering complementary products or services.

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  • 50. 

    Cross-selling is not effective for which one of the following products?

    • A.

      Debit cards

    • B.

      Savings accounts

    • C.

      Internet banking

    • D.

      Pension loans

    • E.

      Personal loans

    Correct Answer
    B. Savings accounts
    Explanation
    Cross-selling refers to the practice of selling additional products or services to existing customers. In this case, the correct answer is savings accounts. The reason why cross-selling may not be effective for savings accounts is that customers who already have a savings account may not see the need or benefit in opening another one. Additionally, savings accounts are typically long-term and low-risk investments, so customers may not be inclined to make frequent changes or additions to their existing accounts.

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