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1 of 30
Q.1 Poultry farms comes under which industry?
- Extractive industries
- Genetic industries
- Manufacturing industries
- Construction industries
2 of 30
Q.2 A type of account relating to losses and incomes is:
- Personal
- Real
- Nominal
- Profit and loss
3 of 30
Q.3 In VED analysis D stands for-
- Data of receipt of items
- Desirable item
- Deviation of stock
- Daily desired item
4 of 30
Q.4 alpha numeric codification is suitable for a -
- Large scale organisation
- Small scale organisation
- Medium scale organisation
- All of the above
5 of 30
Q.5 Purchase indent is an -
- External document
- Internal document
- Legal document
- None of the above
6 of 30
Q.6 Economic order quantity (EOQ) aims at minimizing -
- Carrying cost
- Ordering cost
- Both of carrying cost and ordering cost
- Suppliers price
7 of 30
Q.7 Which of the method of advertisement is suitable for uneducated media?
- Magazines
- Audio visual
- News papers
- Any of the above
8 of 30
Q.8 The business financial year in India ends on -
- March 31st
- December 31st
- July 31st
- March 31st and December 31st
9 of 30
Q.9 Patent, copyright, trademarks comes under which type of assets?
- Current assets
- Intangible assets
- Tangible assets
- Miscellaneous assets
10 of 30
Q.10 Uniform part of a loan raised by a company is known as -
- Public deposit
- Equity shares
- Debentures
- Borrowed capital
11 of 30
Q.11 Induction training is meant for -
- Existing employees
- New employees
- Both (a) and (b)
- None of the above
12 of 30
Q.12 Bank is an organisation which deals in -
- Deposits
- Loans
- Money
- All of the above
13 of 30
Q.13 What is a pooled commission?
- Share of commission on total profit
- Equal share of commission on total sale
- Equal share of commission on annual total sale
- Straight salary plus bonus on sale
14 of 30
Q.14 Drug samples worth Rs. 5,000 were distributed to physicians. The amount should be debited to -
- Sales account
- Samples account
- Advertisement account
- None of the above
15 of 30
Q.15 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
16 of 30
Q.16 The exchange of goods between foreign producers and foreign consumer comes under -
- Import and export trade
- Import trade
- Entrepot trade
- External trade
17 of 30
Q.17 Indian contract act was passed in -
- 1992
- 1872
- 1972
- 1892
18 of 30
Q.18 Scrap and surplus disposal helps to -
- Reduce investments
- Release surplus funds
- Make available funds
- All of the above
19 of 30
Q.19 The Imprest system is used in relation to -
- Sales book
- Purchase book
- Petty cash book
- Journal
20 of 30
Q.20 In fund flow system the term 'fund' means -
- Cash
- Current assets
- Current liabilities
- Current liabilities - current assets
21 of 30
Q.21 A budget is a -
- Financial statement
- Quantitative statement
- A report only
- Any of the above
22 of 30
Q.22 in the journal data is recorded on the basis of -
- Account
- Nature
- Year
- Transaction
23 of 30
Q.23 A person who is interested to start a retail drug store must be -
- D.Pharmacy
- Registered Pharmacist
- Chemist
- Druggist
24 of 30
Q.24 Which one is not the function of management?
- Planning
- Organising
- Crediting
- Staffing
25 of 30
Q.25 Open tender means -
- Major tender
- Moderate tender
- Minor tender
- None of these
26 of 30
Q.26 The form of cheque for which we cannot get cash in hand is -
- Bearer cheque
- Order cheque
- Crossed cheque
- None of the above
27 of 30
Q.27 The maximum number of partners allowed in a general business -
- 10
- 20
- 50
- 100
28 of 30
Q.28 The perpetual inventory system includes-
- Bin card
- Stores ledger
- Continuous stock taking
- All of the above
29 of 30
Q.29 Commerce is a term involved in -
- Earning profit
- Buying and selling of goods
- Managing work
- Providing finance
30 of 30
Q.30 Formula of debt equity ratio is -
- Net profit after tax
- Owners equity
- Total liabilities / shareholders equity
- Internal equity / external equity
Pharmacognosy Aptitude Test 
HCP Practice Test #1 | Hospital and Clinical Pharmacy MCQs
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