IBPS SO MARKETING QUIZ QUESTIONS are a mixture of all topics. Here we discuss some important questions concerning to your SO Mains Exam. Along with the question, you will also get the detailed analysis regarding IBPS SO MARKETING QUIZ QUESTIONS.
IBPS SO MARKETING QUIZ QUESTIONS
The IBPS SO Marketing section consists of different topics. These topics are relevant to the subjects that you had studied during your bachelor’s or master’s. Sometimes, seeing the things we start analyzing, we realize that it will be somewhere different. But it is nothing like that, all these things are similar to those learnings that you completed during your college time. Well, at that time, we had only read those topics according to the subjects and environment. But here we have to deal with the questions deeply.
Otherwise, it becomes difficult to score the marks in the questions. So, you must start giving a look to the question and analyse it completely. Let’s see some of the marketing questions that you can go through. These questions came through the research and topics that are being repeated in the examination. Well, the question can come from any of the areas, so you must stay alert and open your mind while attempting the section.
1. A very large market segment is called-
(a) Niche Market |
(b) Meta Market |
(c) Mass Market |
(d) Multi-level Market |
(e) Market Segmentation |
Solution: (e) Market Segmentation
Types of market segmentation | Basis | Examples |
---|---|---|
Demographic | Age, gender, income, education, etc. | Targeting skincare products to women aged 25–40 |
Geographic | Region, country, climate, city size | Promoting winter coats in colder regions |
Psychographic | Lifestyle, values, personality | Marketing eco-friendly products to environmentally conscious consumers |
Behavioral | Buying habits, usage rate, brand loyalty | Loyalty programs for frequent buyers |
Technographic | Technology usage and preferences | Targeting smartphone accessories to tech-savvy customers |
Firmographic | Company size, industry, revenue | Software solutions tailored for large enterprises |
2. Good Customer Service is an extended arm of-
(a) Web Marketing |
(b) Internal Marketing |
(c) Process Marketing |
(d) Service Marketing |
(e) Indirect Marketing |
Solution: (d) Service Marketing
7Ps | Explanation |
---|---|
Product | The actual service offered |
Price | Pricing strategy |
Place | Distribution channels including online platforms. |
Promotion | Advertising, personal selling, promotions etc. |
People | Employees and customers involved |
Process | The way the service is delivered including packaging, distribution, and transportation. |
Physical Evidence | Tangible cues that reassure quality. |
3. Mass Communication with potential customer paid through public media is –
(a) Sales Promotion |
(b) Publicity |
(c) Advertisement |
(d) Brand Building |
(e) Public Relations |
Solution: (c) Advertisement
Types of advertising | Medium of advertising |
---|---|
Print Advertising | Newspapers, Brochures & Magazine |
Broadcast Advertising | TV & Radio |
Digital Advertising | Websites, social media, Google |
Outdoor Advertising | Billboards, Hoardings, Boards |
Influencer Advertising | Social media influencer advertising |
4. Which of the following is necessary for effective management –
(a) Measureability |
(b) Sustainability |
(c) Easy Accessibility |
(d) All of these |
(e) None |
Solution: (d) All of these
5. The segmentation of markets based on the gender of the customer is –
(a) Psychographic Segmentation |
(b) Geographic Segmentation |
(c) Demographic Segmentation |
(d) Lifestyle Segmentation |
(e) Socio Cultural Segmentation |
Solution: (c) Demographic Segmentation
Variable | Description |
---|---|
Age | The segmentation can be done through grouping by age. |
Gender | It also consist of difference according to gender including Male, and female. |
Income | Low, middle, high-income groups |
Education | High school, college, graduate level |
Occupation | Job type or profession |
Marital Status | Single, married, divorced |
Religion | Cultural background |
Nationality | Based on race, and culture |
6. Marketing Share can be increased by –
(a) increasing the products |
(b) increasing the sales volume |
(c) increase the number of sales persons |
(d) None |
(e) All |
Solution: (b) increasing the sales volume
7. What does M stands in DMAIC improvement cycle?
(a) Manufacturing |
(b) Monopoly |
(c) Measure |
(d) Management |
(e) Manual |
Solution: (c) Measure
It consists of a Structured and logical approach, specifically focuses on data and evidence, helps to reduce errors and variability, improves quality and customer satisfaction, and helps in enhancing team collaboration by solving their problems.
8. The collective perceptions & people have formed about an organisation is –
(a) Brand Value |
(b) Brand Attribute |
(c) Brand Asset |
(d) Brand Architecture |
(e) Brand Image |
Solution: (e) Brand Image
9. What is USP of savings account?
(a) High Rate of interest |
(b) Risky transactions |
(c) Easy operations |
(d) Back office facility |
(e) Expensive transactions |
Solution: (c) Easy Operations
USP refers to the Unique Selling Proposition. It helps in differentiating the brand in crowded markets according to the price. Moreover, it helps in different sectors by guiding, marketing, and messaging. Also, it builds customer loyalty and increases the sales of a product.
10. Marketing in Bank is a necessity today. Because –
(a) Management |
(b) Nationalisation |
(c) Fashion |
(d) Liberalisation |
(e) Urbanisation |
Solution: (d) Liberalisation
11. The secondary buying motive is –
(a) To be superior |
(b) Curiosity |
(c) Product |
(d) to take a risk from the market |
(e) None |
Solution: (a) to be superior
12. What is the key element in the overall market offering?
(a) Services |
(b) Experiences |
(c) Product |
(d) Customer |
(e) Marketing Plan |
Solution: (c) Product
13. A price strategy where the price of a product is kept low as compared to its competitors is known as –
(a) Skimming |
(b) Premium |
(c) Regulatory |
(d) Penetration |
(e) Competition |
Solution: (d) Penetration
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