PGT (Commerce previous year questions) (HTET) (Part – V)

Total Questions: 100

51. Which among the following come under 'facilitating' category of marketing functions?

Correct Answer: C. Standardising and grading, Financing, Risk taking, Securing Marketing Information

52. Which among the following is the most basic concept underlying marketing?

Correct Answer: C. Needs, Wants and Demand

53. The need or want for a particular product becomes a demand, when-

Correct Answer: B. It is backed by buying power

54. A transaction that involves trading of a good with a service will come under which category?

Correct Answer: B. Barter Transaction

55. The correct 4P’s of marketing are—

Correct Answer: C. Product, Place, Promotion, Pricing

56. The place in the 4P’s of marketing describes—

Correct Answer: B. Channels of Marketing

57. In the transportation industry, the no-frills, low-cost airlines compete with train and luxury bus services. This is an example of—

Correct Answer: B. Direct competition among substitute products

58. Which among the following terms describe the 'universal banking'?

Correct Answer: C. A bank providing combination of commercial banking and investment banking

59. Which among the following is called life blood of Business?

Correct Answer: C. Finance

60. Which among the following is not the objective of a capital budgeting?

Correct Answer: D. None of these