WorksheetsPMC SEM 5 INTERMEDIATE 2 QUIZ
Total questions: 71
Worksheet time: 36mins
Name
Class
Date
1.
What is the aspect of business activity which is concerned with distribution of goods and services produced by industry?
a)
advertisiment
b)
Insurance
c)
commerce
d)
banking
2.
what is the very first stage of economic development?
a)
town economy
b)
house hold economy
c)
Primitive barter economy
d)
none of above
3.
what is the limitations of barter economy?
a)
Technical problems
b)
capital required to start the business
c)
Absence of common measure of value
d)
market condition
4.
which is the first stage of industrial revolution?
a)
guilds
b)
handicraft industry
c)
domestic system
d)
none of above
5.
Which factor is considered in starting a bussiness firm?
a)
cost of goods
b)
government rules
c)
Market conditions
d)
all of these
6.
Example of private sector firm.
a)
cooperative organisation
b)
public corporations
c)
departmental<br />organisation
d)
none of above
7.
Public limited company is a part of_____________.
a)
joint stock company
b)
Cooperative firms
c)
single ownership
d)
partnership firm
8.
Those who take part in the management secretly but nowhere their names appear is called as___________.
a)
nominal partner
b)
active partners
c)
sleeping partners
d)
secret partners
9.
Persons who just invest money and do not take part in the management is known as
a)
secret partners
b)
sleeping partners
c)
active partners
d)
nominal partners
10.
Joint stock company is an association of individuvals is called_____________.
a)
registrars of company
b)
board of directors
c)
share holders
d)
partners
11.
what are the two main types of joint stock company ?
a)
sole and cooperative organisation
b)
private and public limited company
c)
public and government companies
d)
none of these
12.
The most important factor which is required to start a company.
a)
raw material
b)
shares
c)
machineries
d)
capital
13.
Eliminating middle man’s profit is the main objective of _____________.
a)
joint stock company
b)
cooperative organisations
c)
single ownership firms
d)
partnership firm
14.
The movement of goods and persons from one place to another called as______________.
a)
insurance
b)
transport
c)
banking
d)
none of above
15.
When goods are purchased from a foreign country, it is called ____________.
a)
enterpot trade
b)
export trade
c)
import trade
d)
none of above
16.
Goods that are imported from one country with the purpose of exporting them to some other countries is called_____________.
a)
import
b)
entrepot <br />trade
c)
export trade
d)
none of above
17.
A ____________is a place used for the storage of goods in proper condition from the time they are produced until they are needed by consumers.
a)
store
b)
warehouse
c)
cupboard
d)
workshop
18.
<br />A paid form of presentation of non personal ideas, goods or service is called as__________.
a)
insurance
b)
trade
c)
advertisement
d)
communiction
19.
The origin of production is traced as___________.
a)
domestic system
b)
handicraft system
c)
guilds
d)
international trade
20.
An industry which invests more than 5 crores comes under ___________.
a)
small scale
b)
medium scale
c)
large scale
d)
ancillary
21.
Reproducing and multiplying certain species of plants and animals are concerned with ________.
a)
manufacturing industry
b)
production industry
c)
extractive industry
d)
genetic industry
22.
The oldest method of production which is in small scale is known as___________.
a)
job production
b)
mass production
c)
batch production
d)
flow production
23.
A large scale production which is suited for continous production is known as__________.
a)
batch production
b)
mass production
c)
job production
d)
flow production
24.
Which among the following is not a factor in plant location?
a)
transport facilities
b)
availability of labour
c)
climatic conditions
d)
issue of shares
25.
The layout which integrates, men material, machines, supporting activities in logical and balanced manner_________.
a)
principles of cubic space
b)
principle of overall integration
c)
principle of flow
d)
principle of flexibility
26.
The layout which arranges work area for each operation or process in the same order sequence_________.
a)
principle of overall integration
b)
principle of flow
c)
principles of cubic space
d)
principle of flexibility
27.
The layout , in which all the available space both vertical and horizontal is more economically used is___________.
a)
Principles of cubic space
b)
principle of integration
c)
principles of flow
d)
principle of overall integration
28.
In ___________machine has arranged in sequence as per the manufacturing process or as per the product flow line.
a)
line layout
b)
fixed
c)
functional
d)
positional
29.
Similar equipment and similar machines are grouped together which is called _________.
a)
functional layout
b)
fixed layout
c)
line layout
d)
positional layout
30.
The system to be adopted for the movement of raw material from the beginning and up to the end of manufacturing is _________.
a)
flow pattern
b)
material handling
c)
routing
d)
despatching
31.
Materials are fed at one end and components<br />leave the other end in a straight line is_________.
a)
s-flow line
b)
I-flow line
c)
o- flow line
d)
none of above
32.
If feeding and output takes place at same end is known as_________.
a)
s-flow line
b)
U-flow line
c)
o- flow line
d)
I-flow line
33.
Type of vertical flow pattern
a)
U-flow line
b)
I-flow line
c)
inclined flow
d)
O-flow line
34.
The system to be adopted for the movement of raw material from the beginning and up to the end of manufacturing is called as_____________.
a)
line flow
b)
flow pattern
c)
routing
d)
despatching
35.
one of the factor which affects the flow line__________.
a)
nearness to raw materials
b)
number of product to be handelled
c)
transport facilities
d)
none of above
36.
__________is the process of converting raw material into finished products.
a)
production
b)
process planning
c)
despatching
d)
productivity
37.
__________ ensures that the programmed production is constantly maintained without any delay.
a)
production planning
b)
sales forecasting
c)
trend forecasting
d)
production control
38.
_________ anticipates the possible difficulties before the start of actual production.
a)
sales forecasting
b)
production planning
c)
trend forecasting
d)
production control
39.
__________estimate of the sales potential of the industry for a future period.
a)
sales forecasting
b)
trend forecasting
c)
despatching
d)
planning
40.
one of the use of sales forecasting is_________.
a)
locate the dealers
b)
forms the basis of sales budget
c)
better quality product
d)
execution of work
41.
_________ executes planning function which is concerned with getting the work started.
a)
process planning
b)
routing function
c)
despatch function
d)
scheduling function
42.
Find the one which is not a factor of sales forecasting.
a)
Changes in technology
b)
climatic conditions
c)
Factors relating to the industry
d)
Changes in government policies
43.
The systematic determination of the methods by which a product is to be manufactured, economically and competitively.
a)
forecasting
b)
Centralized despatching
c)
routing
d)
Process planning
44.
_________ is defined as the subsystem responsible for the conversion of design data to work instruction.
a)
decentralized dedpatching
b)
sales forecasting
c)
Process planning
d)
trend forecasting
45.
A greater degree of overall control can be achieved in ________.
a)
decentralized dedpatching
b)
routing
c)
Centralized despatching
d)
sales forecasting
46.
Communication gap is reduced in _________ system.
a)
centralized dispatching
b)
decentralized dispatching
c)
sales forecasting
d)
process planning
47.
The determination of best and cheapest sequence of operation is done by_________.
a)
Dispatching
b)
routing
c)
Centralized dispatching
d)
forecasting
48.
Route sheets are prepared by _________.
a)
purchase department
b)
Planning department
c)
Maintenance department
d)
HR department
49.
Materials management is concerned with_________.
a)
Purchases
b)
Material handling
c)
Inventories
d)
All of them
50.
Materials management has following constituents.
a)
Purchases
b)
Value analysis
c)
Store keeping
d)
All of them
51.
Which of the following is not a Primary Objective of Materials management.
a)
Inventory Management
b)
Purchasing
c)
Make or Buy decisions
d)
Continuity of supply
52.
Selecting the right sources of supply is a function of _________.
a)
Purchase department
b)
Personal department
c)
Stores department
d)
Materials department
53.
Liaison agency which operates between the factory organization and the outside vendors on all matters of procurement is a ________ function.
a)
Materials
b)
Stores
c)
Purchase
d)
Personal
54.
Purchasing department is organized under chief executive, called as ________
a)
Stores manager
b)
Personal manager
c)
Production manager
d)
Purchase manager
55.
Industry needs less storage space when they follow the following purchasing method.
a)
Purchasing for a specific period
b)
Market purchasing
c)
Rate contract purchasing
d)
Purchasing strictly by requirement
56.
The location of store should be carefully decided and planned to ensure _________.
a)
Good environment
b)
Pollution free
c)
Maximum efficiency
d)
Minimum expense
57.
Which of the following does not come under the duties of a store keeper.
a)
To purchase the materials
b)
To record the receipt of goods
c)
To issue items to the users
d)
To plan optimum utilization of store area
58.
Which of the following does not come under the classification of Inventory.
a)
Raw Inventory
b)
In-process Inventory
c)
Direct Inventory
d)
Indirect Inventory
59.
The _________ order is the difference between maximum & minimum quantity and it is known as economical purchase inventory size.
a)
Purchase
b)
Standard
c)
Current
d)
Regular
60.
As far as possible, the finished goods should be stored near to the ________ area.
a)
Shipping
b)
Safe
c)
Inspection
d)
Production
61.
Which of the following is a statistical tool used in SQC.
a)
Frequency Distribution
b)
Control Chart
c)
Sampling Tables
d)
All of these
62.
WIP stands for ______________.
a)
Workmen in Production
b)
Work in Process
c)
Whole Inspection of Production
d)
With out Inspection of production
63.
Leader is chosen by the ________of a Quality Circle.
a)
Facilitator
b)
General Manager
c)
Members
d)
Coordinator
64.
The facilitator of a Quality Circle is usually a _______of the department.
a)
Junior officer
b)
Senior officer
c)
Lowest Level employee
d)
Regular employee
65.
Which of the following is not an Attribute chart.
a)
P chart
b)
np chart
c)
R chart
d)
C chart
66.
Control chart which shows the variation of the process is called_________.
a)
P chart
b)
R chart
c)
s chart
d)
np chart
67.
Which of the following is not a Variable chart.
a)
X bar chart
b)
R chart
c)
s chart
d)
u chart
68.
Control chart for number of defects per unit is called_________.
a)
P chart
b)
np chart
c)
R chart
d)
C chart
69.
Continuous incremental improvement stands for_________.
a)
TPM
b)
TQM
c)
KAIZEN
d)
KANBAN
70.
TPM is a methodology for maximizing_________.
a)
Equipment efficiency
b)
Self efficiency
c)
Organization efficiency
d)
Colleague efficiency
71.
TPM is also a part of _________.
a)
TQM
b)
Quality Circle
c)
5S
d)
KAIZEN
100 %
