Marketing Awareness Multiple Choice Questions with Answers - GkSeries

Questions
26 The most accessible medium in India is
A Cinema
B Radio
C Newspapers
D Television

Answer: Option [C]

The most accessible medium in India is Newspapers. The newspaper’s importance in India may be due to the fact that it is relatively free from competition despite the rise of the Internet. Though there are a large number of households who own television sets, there are still many more without. Newspapers are highly affordable and are the more accessible alternative, even for rural areas.

27 Expenditure on advertisement and public relations by an enterprise is a part of its
A Fixed capital
B Intermediate consumption
C Final consumption expenditure
D Consumption of fixed capital

Answer: Option [B]

Expenditure on advertisement and public relations by an enterprise is a part of its intermediate consumption. Intermediate consumption includes the total monetary value of goods and services consumed or used by enterprises as inputs in production, including raw materials, services and various other operating expenses. That's why Expenditure on advertising and public relations by an enterprise is a part of intermediate consumption.

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28 The famous three P’s of environmental awareness are
A People, Poverty, Politics
B Population, Politics, Price
C Power, Production, Pollution
D Population, Poverty, Pollution

Answer: Option [B]

The famous three P’s of environmental awareness are Population, Politics, Price. It is very essential for environmental awareness and everyone should have a better knowledge about how population, politics and price plays a major role in environment and how these factors will affect the environment.

29 Which one of the following goods has only exchange value?
A Diamond
B Rice
C Computer
D Television

Answer: Option [A]

The correct answer is Diamond.

30 Which of the following is not an economic problem?
A Deciding between paid work and leisure
B Deciding between alternative methods of personal savings
C Deciding between different ways of spending leisure time
D Deciding between expenditure on one good and the other

Answer: Option [C]

The correct answer is Deciding between different ways of spending leisure time. The Theory of Economic Problem states that scarcity exists in the sense that only finite and insufficient resources are available to satisfy the needs and desires of all human beings. The fundamental economic problem is how to allocate scarce resources to the provision of various goods and services within the economy.

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