IMPORTANT MCQS FROM DRUGSTORE AND BUSINESS MANAGEMENT(1-15)

1. What is the technology used to find out the order of goods?

 A. ABC analysis

 B. ECQ

 C. Input output output ratio analysis

 D. Continuous inventory system

 Answer.  B

 2. A partnership business, the number of partners should not exceed this?

 A. 25

 B30

 C.  20

 D5

 Answer.  C

 3. The pharmaceutical industry --- is under industry

 A. Extractive industries

 B. Genetic Industries

 Construction industries

 D. Construction Industries

 Answer.  D

 4. Trade Most trades are made in wholesale, are they segmented?

 A. Import trade and export trade

 B. Import trade and entropot trade

 C. Import, Export and Air Trade

 D. None

 Answer.  C

 5. What if the products of an industry --- are used in the production of other goods?

 A. Manufacturer products

 B. Capital goods

 C. Consumer Properties

 D. Both A and B

 Answer.  D

 6 .--- Remove the barrier of finance and credit?

 A. Insurance

 B. Banking

 C. Transportation.

 D.  Warehousing

 Answer.  B

 7.Three pharmaceutical management are? 

A. Primary, secondary, tertiary management

B. Top, middle, lower level management

C.first, second, third level management

D.None of the above

Ans.B

8.A book of original entry is? 

A.Ledger

B.Journal

C.Cash book

D.None 

Ans.B

9.Indian contract act was passed in? 

A.1992

B.1872

C.1972

D.1892

Ans.B

10.The oldest form of business organization is? 

A.Joint stock company

B.sole-proprietorship

C.Partnership

D.All the above

Ans.B

11.Purchase indent is an

A.Internal document

B.External document

C.Legal document

D.None

Ans.A

12.The business organization runs as a partnership is called? 

A.co-operation

B.Joint business

C.Firm

D.Partnership

Ans.C

13.The document containing partnership agreement is called? 

A.Partnership data

B.Partnership document

C.Partnership Deed

D.Agreement

Ans.C

14. The partner is not actively involved in the running of the business of the organization

 A.  Partner Estoppel

 B.Minor partner

 C. Secret Partner

 D.  Sleeping partner

 Ans.D

 15. What else does multiple shops call?

 A. Department Store

 B. Chain Store

 C. Both

 D Nothing

 Ans.  B