Bank marketing is same as ......
1) Transaction marketing
2) Service marketing
3) Indoor marketing
4) All of these

1 Answer

Answer :

2) Service marketing

Related questions

Description : Service Marketing is the same as _______ 1. Relationship Marketing 2. Transaction Marketing 3. Internal Marketing 4. All of these 5. None of these

Last Answer : Relationship Marketing

Description : Marketing of services is known as ..... 1) Transaction marketing 2) Door-to-door marketing 3) Relationship marketing 4) Internal marketing

Last Answer : 3) Relationship marketing

Description : In which of the following fund transfer mechanisms, can funds be moved from one bank to another and where the transaction is settled instantly without being bunched with any other transaction? A. RTGS B. NEFT C. TT D. EFT

Last Answer : A. RTGS Explanation: In RTGS, the beneficiary branches are expected to receive the funds in real time as soon as funds are transferred by the remitting bank. The beneficiary bank has to credit the beneficiary‘s account within 30 minutes of receiving the funds transfer message.

Description : In which of the following types of banking, there is a direct execution of transaction between a bank and its consumers? A. Retail Banking B. Universal Banking C. Virtual Banking D. Unit Banking E. other than those given as options

Last Answer : A. Retail Banking Explanation: Retail banking also known as Consumer Banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other ... include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards.

Description : ________ is a temporary pass through account held by a third party during the process of a transaction between two parties. A. Savings Bank Account B. Current Account C. Deposit Account D. Escrow Account E. None of the Above

Last Answer : D. Escrow Account Explanation: Escrow Account: Account in which funds are accumulated for specific disbursements. It is a temporary pass through account held by a third party during the process of a transaction between two parties.

Description : What is the fullform of eSBTR? A. Electronic Secured Basic Transaction Receipt B. Electronic Stamp Bank Treasury Receipt C. Electronic Stamp Bank Transaction Receipt D. Electronic Secured Bank Treasury Receipt E. Electronic Secured Basic Treasury Receipt

Last Answer : D. Electronic Secured Bank Treasury Receipt Explanation: e-SBTR, is an Electronic – Secured Bank and Treasury Receipt, issued by the Officer of the participating bank, on secured Government stationery, on payment of Stamp- duty in Virtual Treasury.

Description : Banking services provided to Special Economic Zones(SEZ) units have been exempted from _________ A. Sales Tax B. Securities Transaction Tax – STT. C. Central Excise Duty D. Service Tax E. None of the Above

Last Answer : D. Service Tax Explanation: Banking services offered to units set up in special economic zones have been exempted from paying service tax.

Description : ________is the subset of e-commerce focused on transaction. a) E-business b) E-marketing c) Digital technology d) Environment, strategy, performance(ESP)

Last Answer : d) Environment, strategy, performance(ESP)

Description : The markets are grouped into different types based on the geographical area, location of market place, product, nature of transaction and volume of transaction. In the above statemet the following is not ... area 3. location of marketing place 4. volume of transaction 5. all of the above

Last Answer : location of marketing place

Description : Marketing that moves away from a transaction-based effort to a conversation (i.e. two-way dialogue) and can be described as a situation or mechanism through which marketers and a customer (e ... known as: A. Direct Marketing B. Eectronic marketing C. Interactive Marketing D. Indirect Marketing

Last Answer : C. Interactive Marketing

Description : Marketing that moves away from a transaction-based effort to a conversation (i.e. two-way dialogue) and can be described as a situation or mechanism through which marketers and a customer ... is known as: *  Direct Marketing  Electronic marketing  Interactive Marketing  Indirect Marketing

Last Answer :  Interactive Marketing

Description : Marketing that moves away from a transaction-based effort to a conversation (i.e. two-way dialogue) and can be described as a situation or mechanism through which marketers and a customer (e ... known as: A. Direct Marketing B. Eectronic marketing C. Interactive Marketing D. Indirect Marketing

Last Answer : C. Interactive Marketing

Description : Price is A)the value that is exchanged for products in a marketing transaction. B)always money paid in a marketing transaction. C)more important to buyers than sellers. D)usually the most inflexible marketing mix decision variable.

Last Answer : A)the value that is exchanged for products in a marketing transaction.

Description : Why would a transaction marked "credit" with a positive value deduct from my available balance at the bank?

Last Answer : If your bank hasn’t verified the funds from the entity giving you the credit yet, they won’t make it available for you to access.

Description : If transactions not made by the cardholder appear on the statement of account the card holder should dispute them with the card issuing Bank within how many days of the transaction date?

Last Answer : 30

Description : Dispute Fraudulent Bank Transaction?

Last Answer : Get StartedThis letter provides notice to the bank that there is unauthorized activity on your account and that you should not be held responsible for those charges. Generally, you must report possible ... that were not authorized, then you should dispute them by sending this letter to the bank.

Description : What is the name of entry which is used in Bank Column cash book to record the money transaction?

Last Answer : Contra entry

Description : Which of the following is not necessarily a party to a forfaiting transaction? A. exporter B. importer C. broker D. bank E. forfaiter

Last Answer : C. broker

Description : If an exporter is doubtful about an issuing bank's ability to pay, he will expect a domestic bank to join the transaction in a _____ letter of credit. A. revolving B. irrevocable C. revocable D. unconfirmed E. confirmed

Last Answer : E. confirmed

Description : Which of the following is not necessarily a party to a forfaiting transaction? a. Exporter b. Broker c. Bank

Last Answer : b. Broker is not necessarily a party to a forfaiting transaction. Forfaiting is a financing technique used in international trade to mitigate the risk of non-payment by the importer. It involves ... be involved in facilitating the transaction, but it is not a necessary party to the transaction.

Description : Marketing is complex in Banks compared to other commercial concerns. Which among the following justifies this statement ? 1. Bank marketing is a service Marketing 2. The focus of the bank marketing ... . The Bank marketing is doubly oriented 4. Banking products are intangible 5. None of these

Last Answer : The Bank marketing is doubly oriented

Description : What is the sharing part in "sharing economy" when it's straight forward service for money transaction?

Last Answer : Taxes.

Description : Who is the best transaction advisory service provider?

Last Answer : Transaction Advisory ServicesResurgent India is one of the top Corporate financial advisory firms in India. Our Focus is primarily on providing transaction advisory services in the areas ... services like due diligence, valuations and advisory support to restructuring under-performing businesses.

Description : In SMTP mail transaction flow, the sender SMTP establishes a TCP connection with the destination SMTP and then waits for the server to send a ………. a. 220 service ready message b. 421 service not available message c. Both of the above d. None of the above

Last Answer : c. Both of the above

Description : Point out the wrong statement. a) Distributed transaction systems such as internetworks or cloud computing systems magnify the difficulties faced by identity management systems b) The Distributed ... CardSpace specifications support the authentication type of data object d) None of the mentioned

Last Answer : The OpenID and

Description : Point out the wrong statement. a) Distributed transaction systems such as internetworks or cloud computing systems magnify the difficulties faced by identity management systems b) Services that provide digital ... a domain as belonging to a set of assigned addresses d) None of the mentioned

Last Answer : IDaaS Server establishes the identity of a domain as belonging to a set of assigned addresses

Description : Point out the wrong statement. A. Distributed transaction systems such as internetworks or cloud computing systems magnify the difficulties faced by identity management systems B. The Distributed Audit ... CardSpace specifications support the authentication type of data object D. All of the above

Last Answer : The OpenID and CardSpace specifications support the authentication type of data object

Description : Point out the correct statement. a) With PaaS, the goal is to create hosted scalable applications that are used in a Software as a Service model b) Applications built using PaaS tools need to ... , the data and transaction management conforms to the business rules you create d) All of the mentioned

Last Answer : All of the mentioned

Description : Which of the following is a message queue or transaction system for distributed Internet- based applications? a) Amazon Elastic Compute Cloud b) Amazon Simple Queue Service c) Amazon Simple Notification Service d) Amazon Simple Storage System

Last Answer : Amazon Simple Queue Service

Description : Point out the correct statement. a) With PaaS, the goal is to create hosted scalable applications that are used in a Software as a Service model b) Applications built using PaaS tools need to ... the data and transaction management conforms to the business rules you create d) All of the mentioned

Last Answer : All of the mentioned

Description : Speedy Bike Company received a $940 check from a customer for the balance due. The transaction was erroneously recorded as a debit to Cash $490 and a credit to Service Revenue $490. The ... Receivable, $940. d. debit Accounts Receivable, $940; credit Cash, $450 and Service Revenue, $490.

Last Answer : c. debit Cash, $450 and Service Revenue, $490; credit Accounts Receivable, $940.

Description : The difference between transactional selling and relationship selling is A. In transaction, selling buyers must pay cash B. In relationship selling, buyers and sellers must be related C. In ... to their customers e. In transaction selling, the transaction is the beginning of a relationship

Last Answer : D. In relationship selling, sellers work to provide value to their customers e. In transaction selling, the transaction is the beginning of a relationship

Description : Which of the following see(s) the product, in a commodity market as very important and demand the deepest discount and the highest service? A. Bargain hunters B. Programmed buyers C. Relationship buyers D. Transaction buyers E. Gatekeepers.

Last Answer : A. Bargain hunters

Description : In National Electronic Funds Transfer (NEFT) maximum amount per transaction is limited to ________ A. Rs.75000 B. Rs.50000 C. Rs.80000 D. Rs.90000

Last Answer : B. Rs.50000 Explanation: No. There is no limit - either minimum or maximum - on the amount of funds that could be transferred using NEFT. However, maximum amount per transaction is ... -based remittances within India and also for remittances to Nepal under the Indo-Nepal Remittance Facility Scheme.

Description : ___________ is basically charged when a person uses a credit card to obtain cash. A. Early Repayment Charge B. Redemption Fee C. Transaction Fee D. Cash Advance Fee

Last Answer : D. Cash Advance Fee Explanation: A cash advance fee is a charge that a credit card issuer charges a customer for accessing the cash credit line on his or her account, either through an ATM, convenience check or at a bank‘s teller window.

Description : An ECS transaction gets bounced and you are unable to recover your money from your customer. Under which Act criminal action can be initiated? A. Negotiable Instrument Act 1881 B. Criminal Procedure Code C. Payment and Settlement Systems Act 2007 D. Indian Companies Act 1956

Last Answer : C. Payment and Settlement Systems Act 2007 Explanation: Under the Section 25 of Payment and Settlement Systems (PSS) Act, 2007, dishonour of an electronic fund transfer instruction due to insufficiency ... fine or both, similar to the dishonour of a cheque under the Negotiable Instruments Act 1881.

Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.

Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank

Description : The national agency mandated to control, analyse and disseminate Suspicious Transaction Reports(STR), Cash Transaction Reports and counterfeit currency reports to various investigative agencies of the country after ... (IB) D. Central Bureau of Investigation(CBI) E. Central Intelligence Unit(CIU)

Last Answer : B. Financial Intelligence Unit(FIU) Explanation: The FIU is the national agency mandated to collect, analyse and disseminate Suspicious Transaction Reports (STRs), Cash Transaction Reports ... country after receiving it from banks and other financial intermediaries under a stipulated mechanism.

Description : Maximum value of transaction for e-SBTR should be _________ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit

Last Answer : E. No limit Explanation: There is no maximum limit.

Description : Minimum value of transaction for e-SBTR should be _______ A. Rs.1000 B. Rs.2000 C. Rs.3000 D. Rs.5000 E. No limit

Last Answer : D. Rs.5000 Explanation: Minimum value of transaction for e-SBTR should be Rs.5,000.

Description : What is the upper transaction limit of UPI system? A. 1 lakh B. 2 lakh C. 5 lakh D. 10 lakh E. No limit

Last Answer : A. 1 lakh Explanation: The upper transaction limit of UPI is Rs.1 lakh.

Description : Which of the following is the Slogan of UPI(Unified Payment Interface)? A. Less Amount More Digital B. Less Cash More Transaction C. Less Cashflow More Digital D. Less Circulation More Digital E. Less Cash More Digital

Last Answer : E. Less Cash More Digital Explanation: Less cash more digital is the Slogan of UPI(Unified Payment Interface)

Description : An unbanked customer can initiate IMPS transaction using the services of _______. A. PPI B. PCI C. PFI D. PDI E. None of the Above

Last Answer : A. PPI Explanation: An unbanked customer can initiate IMPS transaction using the services of Pre-Paid Payments instrument issuer (PPI).

Description : A transaction file is a type of: a) Master File b) Data File c) Access Method d) None of The Above

Last Answer : b) Data File

Description : Forms that are used to organize business data into rows and coloumns are called a) transaction sheets b) registers c) business forms d) spread sheets e) None of these

Last Answer : d) spread sheets

Description : When you purchase a product over a Mobile Phone, the transaction is called1 Web Commerce 2) e-Commerce 3) m-Commerce 4) Mobile purchases

Last Answer : 3) m-Commerce

Description : A System in which a transaction access and updates a file quickly enough to affect the original decision making is called 1) Real time system 2) time sharing system 3) both of above 4) None of above

Last Answer : 1) Real time system

Description : When you purchase a product over a Mobile Phone, the transaction is called 1 Web Commerce 2 e-Commerce 3 m-Commerce 4 Mobile purchases

Last Answer : 3 m-Commerce

Description : A System in which a transaction access and updates a file quickly enough to affect the original decision making is called 1 Real time system 2 time sharing system 3 both of above 4 None of above

Last Answer : 1 Real time system

Description : ............. is a set of information that is exchanged between a client and web browser and a web server during an HTTP transaction. A) infoset B) clientinfo C) cookie D) transkie

Last Answer : C) cookie