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The oldest form of business organisation is-

D. Pharma Drug Store and Business Management Diploma in Pharmacy

Q. 13 of Quiz-771 (Que-ID : 1322)

The oldest form of business organisation is-

  • Joint stock company
  • Sole Proprietorship
  • Partnership
  • All of the above

Ans → (b)Sole Proprietorship

Explanation → Sole or single properietorship is considered as the simplest as well as the oldest form of business ownership.

This question is taken from this post → DSBM - MCQs Based Practice Test #2 | D. Pharmacy 2nd Year - attemp/practice


More MCQs in - DSBM - MCQs Based Practice Test #2 | D. Pharmacy 2nd Year

Q. 1 of Quiz-771 (Que-ID : 1310)

The term transactions in business referes to-

  • Exchange of goods
  • goods and services
  • transfer of goods
  • Goods and sale

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Q. 2 of Quiz-771 (Que-ID : 1311)

Channel of distribution is zero level in-

  • Manufacturers → physician → consumer
  • Manufacturer → wholesaler → physician → patient
  • Manufacturer → retailer → patient
  • Manufacturer → patient

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Q. 3 of Quiz-771 (Que-ID : 1312)

Type of relationship of street vendor is-

  • small scale fixed retailer
  • large scale retailer
  • Itinerant retailer
  • Pertinent retailer

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Q. 4 of Quiz-771 (Que-ID : 1313)

OTC drugs are-

  • Ethical drugs
  • Prescription drugs
  • Ethical and prescription drugs
  • non-prescription drugs

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Q. 5 of Quiz-771 (Que-ID : 1314)

Safety stock is used for -

  • For protection of store from fire or thefts
  • As an insuarance claim during emergency
  • for emergency to meet unforeseen demands
  • to increase the market value of product

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Q. 6 of Quiz-771 (Que-ID : 1315)

ICICI stands for -

  • Industrial Credit and Investment Corporation of India
  • Inductrial and Commercial Investment Corporation of India
  • Indian Corporation of Investments and Commercial Institution
  • Industrial Corporation of Investment and Credit Income

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Q. 7 of Quiz-771 (Que-ID : 1316)

Which one of the following will not apear as source of fund in flow statement?

  • Increase in share capital
  • increase in working capital
  • increase in secured loans
  • funds from operation

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Q. 8 of Quiz-771 (Que-ID : 1317)

Inventories comprise of-

  • Raw material
  • General store machinery
  • Finished products
  • All of the above

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Q. 9 of Quiz-771 (Que-ID : 1318)

A leader who permits the members of the group to do whatever they want to do whatever they want to do may be classified into-

  • Democratic leader
  • Laissez - Faire leader
  • Herzberg leader
  • social leader

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Q. 10 of Quiz-771 (Que-ID : 1319)

Advertisement and salesmanship help to remove the-

  • Hindrance of place
  • Hindrance of persons
  • Hindrance of finance
  • Unawareness

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Q. 11 of Quiz-771 (Que-ID : 1320)

Business is an-

  • non-economic activity
  • economic activity
  • both economic and non-economic activity
  • All of the above

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Q. 12 of Quiz-771 (Que-ID : 1321)

Partners who are neither entitled to take part in the management nor do they invest and get a share of profits are-

  • silent partners
  • Prtners by estoppel
  • Nominal partner
  • Limited partner

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Q. 13 of Quiz-771 (Que-ID : 1322)

The oldest form of business organisation is-

  • Joint stock company
  • Sole Proprietorship
  • Partnership
  • All of the above

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Q. 14 of Quiz-771 (Que-ID : 1323)

The buying and selling of pharmaceuticals items for making profit is called-

  • Trading
  • Commerce
  • Direct service
  • Miscellaneous

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Q. 15 of Quiz-771 (Que-ID : 1324)

Warehousing is done to save-

  • Time
  • Place
  • Cost
  • Labour requirements

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Q. 16 of Quiz-771 (Que-ID : 1325)

The maximum number of members in public limited company is-

  • 20
  • 30
  • 50
  • unlimited

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Q. 17 of Quiz-771 (Que-ID : 1326)

In a mail order business goods are sold on-

  • cash
  • credit
  • both cash and credit
  • Instalment basis

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Q. 18 of Quiz-771 (Que-ID : 1327)

Coding of items helps in-

  • Handling of store items
  • Standardization of drug
  • Reduction of items
  • All of the above

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Q. 19 of Quiz-771 (Que-ID : 1328)

The layout of drug store depends upon-

  • Pharmacist/proprietor
  • Rules specified in shedule N
  • Availability of space
  • All of the above

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Q. 20 of Quiz-771 (Que-ID : 1329)

ABC analysis is based on-

  • Unit price material
  • consumption value of material
  • storage value of material
  • All of the above

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Q. 21 of Quiz-771 (Que-ID : 1330)

Which of these data of marketing research is more reliable?

  • Primary data
  • secondary data
  • both primary and secondary data
  • none of the above

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Q. 22 of Quiz-771 (Que-ID : 1331)

Location which attracts the customer for shopping may be termed as-

  • Interceptive location
  • Geographic location
  • Generative Location
  • Sucipent location

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Q. 23 of Quiz-771 (Que-ID : 1332)

Bank provides finance to bussiness for-

  • Long term
  • Short term
  • medium term
  • Any of the above

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Q. 24 of Quiz-771 (Que-ID : 1333)

Fixed rate of divident is given to-

  • Equity share holders
  • Preference share holders
  • Differed shares
  • Any of the above

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Q. 25 of Quiz-771 (Que-ID : 1334)

Each transaction has double effect is shown by-

  • Dual aspect concept
  • Realization concept
  • cost concept
  • Money measurement concept

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Q. 26 of Quiz-771 (Que-ID : 1335)

What is the role of shareholders in a company?

  • Owners
  • Creditors
  • Managers
  • Any of the above

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Q. 27 of Quiz-771 (Que-ID : 1336)

Plant and machinery will appear on-

  • Debit side of balance sheet
  • Debit side of profit and loss account
  • Credit side of balance sheet
  • Credit side of profit and loss account

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Q. 28 of Quiz-771 (Que-ID : 1337)

Buying of items from foreign country is called-

  • Export
  • Import
  • Enteport
  • All of the above

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Q. 29 of Quiz-771 (Que-ID : 1338)

Trial balance helps in preparing-

  • Trading account
  • profit and loss account
  • Balance sheet
  • All of the above

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Q. 30 of Quiz-771 (Que-ID : 1339)

A chemist shop deals only in drugs so it is an example of-

  • General store
  • Single line store
  • Street stall
  • none of the above

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More MCQs In - D. Pharma Drug Store and Business Management Diploma in Pharmacy

Q. 1 of Quiz- (Que-ID : 1067)

Diflunisal is a diflourophenyl derivative of -

  • Acetic acid
  • Propionic acid
  • Salicylic acid
  • Pyrazole

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Q. 15 of Quiz- (Que-ID : 632)

The Pharmacy Council of India is constituted by the:

  • Central government
  • State government
  • Cabinet health minister
  • Legislative assembly

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Q. 24 of Quiz- (Que-ID : 1058)

which one is a iron transporter in the blood?

  • Hemosiderin
  • Transferrin
  • Mosiderin
  • None of the above

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Q. 29 of Quiz- (Que-ID : 1338)

Trial balance helps in preparing-

  • Trading account
  • profit and loss account
  • Balance sheet
  • All of the above

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Q. 16 of Quiz- (Que-ID : 1396)

The marmelosin is constituent of-

  • Agar
  • Acacia gum
  • Bael
  • Karaya gum

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Q. 5 of Quiz- (Que-ID : 1415)

Ziehl-Neelsen staining is done for-

  • Spirocheates
  • Yeast and fungi
  • Mycobacteria
  • none of the above

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Directions : For each question, choose a correct option from given four options (A, B, C and D)

Q. 9 of Quiz- (Que-ID : 1223)

Hypokalaemia side effect of diuretics can be countered by-

  • Common salt
  • Potassium Chloride
  • Ascorbic acid
  • Any of the above

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Q. 5 of Quiz- (Que-ID : 1158)

Simple syrup B.P. contains sugar in percenetage is-

  • 85%
  • 60%
  • 75%
  • 50%

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Q. 17 of Quiz- (Que-ID : 1170)

Youngs formula for dose calculation is -

  • \({Age \ in \ years \over Age \ in \ years + 12} × adult dose\)
  • \({Age \over 20} × adult \ dose\)
  • Weight of the child in lbs/150 × adult dose
  • Age in months / 150 × adult dose

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Q. 20 of Quiz- (Que-ID : 693)

Saccharin sodium is used as :

  • colouring agent
  • Sweetening agent
  • Flavouring agent
  • none of these

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Q. 24 of Quiz- (Que-ID : 1374)

The smallest amino acid is-

  • Alanine
  • Glycine
  • Valine
  • Phenylalanine

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Q. 23 of Quiz- (Que-ID : 1332)

Bank provides finance to bussiness for-

  • Long term
  • Short term
  • medium term
  • Any of the above

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Directions : For each question, choose a correct option from given four options (A, B, C and D)

Q. 16 of Quiz- (Que-ID : 1230)

Grey baby syndrome occurs due to administration of

  • Thalidomide
  • Chloramphenicol
  • Penicillin
  • Aminoglycosides

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Q. 10 of Quiz- (Que-ID : 1270)

Rheumatoid arthritis is a chronic disease manifested primarily by-

  • Thickening of arterial walls
  • Inflammation
  • Imbalance of oxygen
  • Rise of BP

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Q. 1 of Quiz- (Que-ID : 617)

Which drug from these is a schedule G drug?

  • Cimetidine
  • Allopurinol
  • L-Asparginase
  • Ketoprofen

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Q. 34 of Quiz- (Que-ID : 121)

Antioxidants are added in lipstics to

  • Impart pleasant ordour
  • Staining of lips
  • Dissolving insoluble Pigments and dyes
  • Prevent rancidity

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Q. 10 of Quiz- (Que-ID : 653)

Oral anticoagulants act by antagonising the actions of -

  • Calcium ion
  • Prothrombin
  • Vitamin K
  • Fibrinogen

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Q. 8 of Quiz- (Que-ID : 1032)

Give the name of the mill in which no wear occurs

  • Ball mill
  • Edge runner mill
  • Fluid energy mill
  • Roller mill

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Q. 15 of Quiz- (Que-ID : 1365)

Intracellular substance present in connective tissue is-

  • Fatty in nature
  • Muco polysaccharide
  • Protein
  • none of the above

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Q. 22 of Quiz- (Que-ID : 1205)

in the journal data is recorded on the basis of -

  • Account
  • Nature
  • Year
  • Transaction

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Q. 2 of Quiz- (Que-ID : 453)

Which is the smallest amino acid?

  • Glycine
  • Alanine
  • Valine
  • Phenylalanine

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Q. 26 of Quiz- (Que-ID : 1119)

Acetazolamide, carbonic anhydrase inhibitor, is used in

  • Glaucoma
  • Hypertension
  • Bacterial infection
  • None of the above

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Q. 2 of Quiz- (Que-ID : 1125)

The latin word Pulvis consperus is used for

  • Powder
  • Paste
  • Ointment
  • Dusting powder

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Q. 3 of Quiz- (Que-ID : 1644)

Rheumatoid Arthritis is a example of

  • Type I Hypersnsitivity
  • Type II Hypersnsitivity
  • Type III Hypersnsitivity
  • Type IV Hypersnsitivity

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Q. 5 of Quiz- (Que-ID : 1542)

Latin term "talis / tales / talia" means the following

  • such
  • as
  • after
  • before

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Q. 18 of Quiz- (Que-ID : 691)

The solution of potassium permangnate is filterd through

  • Filter paper
  • Whatman filter paper
  • cotton wool
  • Glass wool

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Q. 25 of Quiz- (Que-ID : 1405)

Triterpenoid saponins are present in-

  • Arjuna Bark
  • Black catechu
  • Bahera
  • none of the above

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Q. 4 of Quiz- (Que-ID : 1521)

The ______________ of the body includes the head, neck, and trunk

  • dorsal cavity
  • axial portion
  • appendicular portion
  • ventral cavity

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Q. 12 of Quiz- (Que-ID : 514)

License for the Manufacture of medicinal and toilet preparation in bond are issued by:

  • Custom collector
  • Excise Commissioner
  • Central Government
  • None of the above

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Q. 16 of Quiz- (Que-ID : 1694)

Brine is a concentrated solution of-

  • sodium hydroxide
  • sodium chloride
  • Potassium chloride
  • Potassium carbonate

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Q. 2 of Quiz- (Que-ID : 1479)

Functions of modern hospitals include…

  • Doctors & nurses receive training
  • Lowers the incidence of disease
  • Raises the quality of care & standards of medical practice
  • All of them

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Q. 5 of Quiz- (Que-ID : 1489)

Bioavailability differences among oral formulations of a drug are most likely to occur if the drug

  • Undergoes little first-pass metabolism
  • Is incompletely absorbed
  • Is freely water soluble
  • Is completely absorbed

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Q. 1 of Quiz- (Que-ID : 1679)

Aromatic spirit of ammonia is -

  • Antidote
  • Expectorant
  • Respiratory stimulant
  • Astringent

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Q. 4 of Quiz- (Que-ID : 1070)

Carbomal, used in mild insomnia is a -

  • Monoguanide
  • Barbiturate
  • Monoureides
  • None of the above

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Q. 19 of Quiz- (Que-ID : 1172)

Amorphous forms of drugs are

  • Usually less soluble than crystalline forms
  • Usually more soluble than crystal form.
  • Also called solvents
  • Practically insoluble

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Q. 21 of Quiz- (Que-ID : 1087)

The structure of penicillin consists of

  • Thiozolidine
  • β -lactam
  • Thiazolidine and β -lactam ring
  • None of the above

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Q. 3 of Quiz- (Que-ID : 479)

The peritonium is a

  • Outer covering of elementary tract in abdomen
  • outer covering of thorax
  • inner covering of rectum
  • None of Above

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Q. 25 of Quiz- (Que-ID : 1091)

Evans blue is used to determine -

  • Liver function
  • kidney function
  • Blood volume
  • Ulceration in Eye cornea

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Q. 5 of Quiz- (Que-ID : 1482)

DHO stands for …

  • District health officer
  • District hazard officer
  • District medical offence
  • District medical officer

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Q. 5 of Quiz- (Que-ID : 1039)

which hormone causes contraction of the gall bladder?

  • Secretin
  • Gastrin
  • Bradykinin
  • Cholecystokinin

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Q. 14 of Quiz- (Que-ID : 1080)

Propranolol, atenolol, and metoprolol are similar in structure due to possession of-

  • Basic nucleus
  • Side chain (2-hydroxy-3-isopropylaminopropoxy)
  • Alkyl group
  • All of these

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Q. 16 of Quiz- (Que-ID : 689)

Which one of these substance can be directly compressed into tablet?

  • Paracetamol
  • Aspirin
  • Indomethacin
  • Salicylic acid

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Q. 18 of Quiz- (Que-ID : 1141)

In testosterone propionate injection, vehicle is -

  • Apyrogenic water
  • Seasome oil
  • Polyethylene glycol
  • None of the above

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Q. 15 of Quiz- (Que-ID : 1198)

Credit balance of a ledger account is denoted by -

  • Excess of credit side over debit side
  • Excess of debit side over credit side
  • Equally of debit and credit
  • Any of the above

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Q. 3 of Quiz- (Que-ID : 1069)

Oxyphenbutazone is active metabolite of following -

  • Sulphinpyrazole
  • Pyrazole
  • Phenylbutazone
  • None of the above

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