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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. 12 of Quiz- (Que-ID : 1841)

The Popular IUCD is-

  • Condom
  • Copper T
  • Foam tablet
  • Cream

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Q. 9 of Quiz- (Que-ID : 460)

Enzyme Reaction kinetics are governed by:

  • Michaelis theory
  • Menten theory
  • Michaellis and Menten theory
  • Noyes and Whitney theory

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Q. 3 of Quiz- (Que-ID : 1812)

Paracetamol is excreted as-

  • Glucuronide
  • Deacetylated product
  • Hydroxy derivatives
  • none of the above

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Q. 18 of Quiz- (Que-ID : 1827)

Rhabdomylosis side effect is related with-

  • Atenolol
  • Atorvastatin
  • Propranalol
  • Digoxin

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Directions :





Q. 1 of Quiz- (Que-ID : 1467)

Substances in which medicament is either dissolved or suspended are… …

  • Elixirs
  • Vehicles
  • Emulsions
  • Mixtures

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Q. 14 of Quiz- (Que-ID : 1823)

Penicillinase resistance penicillin include-

  • Penicillin G
  • Penicillin V
  • Cloxacilline
  • Ampicilline

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Q. 5 of Quiz- (Que-ID : 1683)

Hydrochloric Acid (HCl ) is used in-

  • Diarrhea
  • Hyperacidity
  • Achlorhydria
  • Fever

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Q. 14 of Quiz- (Que-ID : 1692)

Milk of magnesia is a common name for-

  • Suspension of magnesium oxide
  • suspension of magnesium hydroxide
  • suspension of magnesium carbonate
  • none of the above

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Q. 6 of Quiz- (Que-ID : 679)

Micrometrics deals with the study of

  • Powders
  • Micropores
  • small particles
  • metric system of measurements

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Q. 3 of Quiz- (Que-ID : 644)

Levodopa is amino acid precursor of - 

  • Adrenaline
  • Dopamine
  • Norepinephrine
  • All of these

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Q. 20 of Quiz- (Que-ID : 1203)

In fund flow system the term 'fund' means -

  • Cash
  • Current assets
  • Current liabilities
  • Current liabilities - current assets

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Q. 49 of Quiz- (Que-ID : 136)

Fifth edition of I.P. was published in the year

  • 1985
  • 1996
  • 2007
  • 2015

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Q. 26 of Quiz- (Que-ID : 1286)

The greater the fraction of drug in the non-ionized form at an absorption site means-

  • The faster the absorption
  • the slower the absorption
  • The t1/2 of the drug will be more as compared to ionised form.
  • The greater the elimination

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Q. 1 of Quiz- (Que-ID : 1035)

Basal metabolic rate is related to -

  • Surface area
  • Height
  • Body weight
  • All of these

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Q. 6 of Quiz- (Que-ID : 1513)

Select the drug which is administered orally for erectile dysfunction in men

  • Albendazole
  • Mebendazole
  • Cocaine
  • Sildenafil

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Q. 21 of Quiz- (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. 3 of Quiz- (Que-ID : 505)

Cure for cancer is an example for following advertisement:

  • Prohibited
  • Exempted
  • Bonafide
  • Permitted

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Q. 24 of Quiz- (Que-ID : 1207)

Which one is not the function of management?

  • Planning
  • Organising
  • Crediting
  • Staffing

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Q. 27 of Quiz- (Que-ID : 1093)

Chemical structure of halothene is-

  • CH3-CHBrCl
  • CF3 -CHCl-O-CHF2
  • C3H7 - O- CH3
  • CHF.Cl-CF2-OCHF2

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Q. 11 of Quiz- (Que-ID : 1134)

Aqueous alcoholic solution of volatile oil is called?

  • Aromatic water
  • Elixirs
  • Tinctures
  • Spirits

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

Warehousing is done to save-

  • Time
  • Place
  • Cost
  • Labour requirements

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Q. 13 of Quiz- (Que-ID : 1393)

which one of these is adulterant of digitalis leaves?

  • Verbasscum thapsus
  • Digitalis lutea
  • Digitalis thapsi
  • none of the above

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Q. 5 of Quiz- (Que-ID : 1532)

Which term refers to the back of the knee?

  • popliteal
  • pelvic
  • pedal
  • perineal

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Q. 17 of Quiz- (Que-ID : 1051)

Progesterone is secreted by

  • Corpus leteum
  • Testis
  • Ovary
  • 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. 8 of Quiz- (Que-ID : 1817)

Methotrexate is a -

  • Enzyme inhibitor
  • Receptor blocker
  • Alkylating agent
  • Anti-metabolic

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Q. 2 of Quiz- (Que-ID : 2640)

WEIGHT LOSS IS MAJOR SIDE EFFECT OF WHICH ANTIDIABETIC DRUG?

  • PIOGLITAZONE
  • METFORMIN
  • GLIPIZIDE
  • GLIMEPRIDE

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Q. 2 of Quiz- (Que-ID : 675)

Ampoules generally contain

  • Single dose parentral product
  • multiple dose parental product
  • Two or three doses
  • none of these

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Q. 11 of Quiz- (Que-ID : 1689)

Antidote used in Cyanide poisoning is-

  • Sodium chloride
  • Potassium iodide
  • sodium thiosulphate
  • sodium bicarbonate

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Q. 23 of Quiz- (Que-ID : 1403)

Which part of the Dill fruit contains oil?

  • Entire fruit
  • Endosperm
  • Vittae
  • Mericarp

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Q. 21 of Quiz- (Que-ID : 1144)

If the red blood cells are placed in 5% w/v sodium chloride solution then -

  • Hemolysis occurs
  • Shrinkage of cell occur
  • Cells become more red
  • None of the above

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Q. 26 of Quiz- (Que-ID : 1179)

Urethral suppositories are also called as -

  • Pessaries
  • Nasal bougies
  • Bougies
  • Suppositories

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Q. 7 of Quiz- (Que-ID : 624)

 The term 'cool place' means -

  • Temperature between 2℃ to 8℃
  • Temperature between 4℃ to 6℃
  • Temperature not exceeding 25℃
  • Temperature between 10℃ to 25℃

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Q. 16 of Quiz- (Que-ID : 1366)

Multiple forms of same enzymes are called-

  • Coenzyme
  • Apoenzymes
  • Isoenzymes
  • Haloenzymes

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Q. 9 of Quiz- (Que-ID : 1389)

Which one of these reagent is used to indicate the presence of emetine?

  • Picric acid
  • Potassium chlorate
  • potassium bismuth iodide
  • Iodine in pottassium iodide solution

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Q. 22 of Quiz- (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. 1 of Quiz- (Que-ID : 1381)

The term 'Pharmacognosy' was coined by-

  • Pelletier
  • Sertuener
  • Stars and Otto
  • Seydler

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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. 11 of Quiz- (Que-ID : 1820)

Which one of these is not a antiviral agent?

  • Amantadine
  • Idoxuridine
  • Acyclovir
  • Haymycin

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

What is the role of shareholders in a company?

  • Owners
  • Creditors
  • Managers
  • Any of the above

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Q. 12 of Quiz- (Que-ID : 1690)

Unit of measurement of radioactivity is-

  • Curie
  • Cm
  • Litre
  • Gm

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Q. 8 of Quiz- (Que-ID : 681)

The extraction process, in which crude drug is kept in contact with menstrum is called

  • infusion
  • maceration
  • percolation
  • none of these

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