Download PDF – DSBM – MCQs Based Practice Test #2 | D. Pharmacy 2nd Year

DSBM – MCQs Based Practice Test #2 | D. Pharmacy 2nd Year

Q1. The term transactions in business referes to-

A) Exchange of goods

B) goods and services

C) transfer of goods

D) Goods and sale

Answer: (C)

Transaction referes to transfer of goods. The buyer and seller often involved in the exchange of items of value such as goods, information, services and money.

Q2. Channel of distribution is zero level in-

A) Manufacturers → physician → consumer

B) Manufacturer → wholesaler → physician → patient

C) Manufacturer → retailer → patient

D) Manufacturer → patient

Answer: (D)

zero level channels have no intermediates.

Q3. Type of relationship of street vendor is-

A) small scale fixed retailer

B) large scale retailer

C) Itinerant retailer

D) Pertinent retailer

Answer: (C)

The trem itinerant retailer shall include person selling goods door to door as well as person selling goods from a mobile cart, trailer or similar devices.

Q4. OTC drugs are-

A) Ethical drugs

B) Prescription drugs

C) Ethical and prescription drugs

D) non-prescription drugs

Answer: (D)

OTC drugs are over the counter medicines, sold directly to a consumer wothout a prescripton.

Q5. Safety stock is used for -

A) For protection of store from fire or thefts

B) As an insuarance claim during emergency

C) for emergency to meet unforeseen demands

D) to increase the market value of product

Answer: (C)

safety stock is also known as buffer stock and its is used in emergency to meet extra demands.

Q6. ICICI stands for -

A) Industrial Credit and Investment Corporation of India

B) Inductrial and Commercial Investment Corporation of India

C) Indian Corporation of Investments and Commercial Institution

D) Industrial Corporation of Investment and Credit Income

Answer: (A)

ICICI stands for Industrial Credit and Investment Corporation of India.

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