Hello D-pharmacy Students in this article we have provided Drug Store and Business Management Mcqs Questions and Answers. This 0815 Drug store and business management is ideal for students who are in second year of D-pharmacy course.
In this Drug store and business management multiple choice questions we have selected 35 Important Questions from previous year model answer papers which are provide my msbte. with the help of drug store and business management mcq pdf download D-pharmacy students can practice for their upcoming exams.
Table of Contents
Dsbm Mcqs with Answers pdf
Msbte Drug Store and Business Management Mcqs
1) Retailers have direct link withÂ
A. Wholesalers
B. Consumers
C. Manufacturers
D. All of these
Correct!
Wrong!
2) In retail drug store, the medicines are arranged according to;Â
A. Manufactures
B. Pharmacological action
C. Alphabetical orders
D. All of the above
Correct!
Wrong!
3) A person who is interested to start a retail drug must be
A. D.pharmacy
B. Registered pharmacist
C. Chemist
D. Druggist
Correct!
Wrong!
4) Recording of transactions in the journal is calledÂ
A. Posting
B. Casting
C. Journalizing
D. Telling
Correct!
Wrong!
5) The proof of equality of debit and credit balance is calledÂ
A. Balance sheet
B. Journal sheet
C. Ledger
D. Trial balance
Correct!
Wrong!
6) Drug store should be located atÂ
A. Red light
B. Thickly populated area
C. Developing area
D. All of these
Correct!
Wrong!
7) Sources of finance includeÂ
A. Loan
B. Shares
C. Debentures
D. All of the above
Correct!
Wrong!
8) After passing diploma in pharmacy part 2nd the candidate has to undergo practical training onÂ
A. 500 hrs
B. 400 hrs
C. 600 hrs
D. 450 hrs
Correct!
Wrong!
9) Which of these data of marketing research is more reliableÂ
A. 500 hrs
B. 400 hrs
C. 600 hrs
D. 450 hrs
Correct!
Wrong!
10)Â Buying items from foreign country is called
A. Import
B. Export
C. Other
D. All of these
Correct!
Wrong!
11) Given the following are included in top level management except:
A. Directors
B. Managing Director
D. HOD
C. Vice chancellor
Correct!
Wrong!
12) Capital is aÂ
A. Assets
B. Liability
C. Income
D. None of these
Correct!
Wrong!
13) V.E.D analysis useful for?Â
A. Raw material
B. Finished goods
C. Spare parts
D. None of the above
Correct!
Wrong!
14) Manpower inventory included?Â
A. No. of employees
B. Category of employee
C. Specialization of employee
D. All of these
Correct!
Wrong!
15) Poultry farms come under:Â
A. Extractive Industries
B. Genetic Industries
C. Manufacturing Industries
D. Construction Industries
Correct!
Wrong!
16) Which factor does not affect pricing policyÂ
A. Competitors prices for identical products
B. Govt. restrictions
C. Established channels of distribution
D. Expenses for keeping vigil over defaulters
Correct!
Wrong!
17) The minimum no. of directors in a public limited company is:Â
A. 3
B. 4
C. 5
D. 7
Correct!
Wrong!
18) Selection of a drug store site depends upon:Â
A. Cash in hand
B. Hospital proximity
C. Hygenicity of place
D. All of the above
Correct!
Wrong!
19) Which of the following levels of material cautions against stock out?
A. Re-ordering level
B. Minimum level
C. Maximum level
D. Average stock level
Correct!
Wrong!
20) Each transaction has double effect is shown by:
A. Dual aspect concept
B. Realization concept
C. Cost concept
D. Money measurement concept
Correct!
Wrong!
21) Real account generally shows:Â
A. Debit balance
B. Credit balance
C. Nil balance
D. Any balance
Correct!
Wrong!
22) Which of the following is an extractive industry?Â
A. Cattle breeding
B. Forest cultivation
C. Hunting
D. Flour mills
Correct!
Wrong!
23) Which of the following concepts says that the consumers will favor those products that are available widely at low cost?
A. Production concept
B. Selling Concept
C. Product Concept
D. Marketing Concept
Correct!
Wrong!
24) It is said Batch Costing is an extension of ___ costing.Â
A. Contract
B. Job
C. Process
D. Operation
Correct!
Wrong!
25) The major focus of the societal marketing concept is –Â
A. Profit only
B. Society’s well being only
C. Satisfaction of customer only
D. All of these
Correct!
Wrong!
26) _____________________ is irregular in nature.Â
A. Positive
B. Negative
C. Neutral
D. All of the above
Correct!
Wrong!
27) In the ABC Analysis system the B category stands for_____.Â
A. Outstanding importance in value
B. Comparatively unimportant in value
C. Comparatively important in value
D. Average importance in value
Correct!
Wrong!
28)Â A company that maintains a sufficient safety margin by having extra inventory against certain situations is termed as ________.Â
A. Inventory
B. lot size
C. safety stock
D. Lead
Correct!
Wrong!
29) Transport creates Â
A. Place utility
B. Time utility
C. Form utility
D. Possession utility
Correct!
Wrong!
30) A ledger contains:Â
A. Personal account
B. Real account
C. Nominal account
D. All of the above
Correct!
Wrong!
State Whether the following Statements are True or False
31) Inventory control is a process of maintaining optimum level of inventory by using any technique of inventory control.
(a) True
(b) False
Correct!
Wrong!
32) Recruitment Is the scientific process of improving the knowledge and skill of the employee for performing a particular job.
(a) True
(b) False
Correct!
Wrong!
33) Finance is the provision of money at any time when business requires it.Â
(a) True
(b) False
Correct!
Wrong!
34) Scrap items are those items which are not required by the organisation..Eg rejected components, defective parts, obsolete material etc
(a) True
(b) False
Correct!
Wrong!
35) A budget is a written plan covering projected activities of a firm for a definite period of time.
(a) True
(b) False
Correct!
Wrong!
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Drug Store and Business Management Mcq Questions and Answers pdf
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