Dr. A.P.J. Abdul Kalam University
Diploma in Pharmacy
Second Year Main Examination, April-2021
Drug Store & Business Management [DPY205]
Time: 3:00 Hrs Max Marks 80
Note : Attempt any eight questions.
Each question carries equal marks.
Q.1 (a) Fill in the blanks: (any 8)
(i) Inventory Control is an important part of ________ management-
(ii) A system which ensures the provision of the required quantity of inventories of the
required quality at the required time with the minimum amount of capital is known
as_______.
(iii) To help ______ in taking inventory decisions is one of the objectives of inventory control.
(iv) Stock verification sheet is also known as _______ sheet.
(v) ABC analysis is an important _________ of inventory control.
(vi) ABC analysis is a technique of material control according to _______.
(vii) A high turnover ratio means _____ risk of pilferage.
(viii) ________ helps the management to know the fast and slow moving material in stock.
(ix) _______ is the result of various causes such as substandard materials, bad supervision, and
carelessness in planning etc.
(x) ________ is defined as the materials which in the process of manufacture are badly
damaged and beyond rectification and thus the goods brought to be disposed off as seconds.
Q.1 (b) Multiple choice type questions. (Any 8)
(i) In a drug store, the expired drug formulation are called:
(a) Scrap items (b) Surplus items
(c) Absolute items (d) None of the above
(ii) In Ideal drugs store, the inventory is:
(a) In excess (b) Inadequate
(c) Meazre (d) At level between excessive and inadequate
(iii) In retail drug store, the medicines are arranged according to:
(a) Manufacturers (b) Pharmacological actions
(c) Alphabetical orders (d) All the above
(iv) License required to start a new retail drug store is issued by:
(a) Drug controller (b) Drug Inspector
(c) Government analyst (d) Registrar of state pharmacy council
(v) The minimum qualification to start a retail drugs store is:
(a) D. pharmacy (b) B. pharmacy
(c) Graduate with science (d) Any degree
(vi) A person who is interested to start a retail drug store must be:
(a) Pharmacy Degree Holder (b) Registered pharmacist
(c) Chemist (d) Druggist
(vii) A chemist shop deals only in drugs andso is an example of:
(a) General store (b) single line store
(c) Street stall (d) None of the above
(viii) Audit note book is maintained by whom?
(a) Client’s clerk (b) Auditor
(c) Client (d) Audit clerk
(ix) Which of the following concept says that the consumers will favor those products that are
available widely at low cost?
(a) Production Concept (b) Selling Concept
(c) Product Concept (d) Marketing Concept
(x) Which of the following is not a random sampling method?
(a) Stratified sampling (b) Systematic sampling
(c) Cluster sampling (d) Judgment sampling
Q.2 (a) What do you understand by a business organization?
(b) Explain various types of channels of distribution those a business organization adopts for sale
and marketing.
Q.3 (a) Explains elements of economics and management.
(b) Explain ABC analysis and VED analysis of inventory control.
Q.4 (a) Write a short note on trial balance.
(b) Write a short note on balance sheet.
Q.5 (a) What is cash book? What are its types?
(b) Explain the forms of business organization.
Q.6 (a) Write a short note on general ledger book.
(b) How a ledger book is different from a journal book?
Q.7 (a) Explains the technique of analyzing financial statements.
(b) What do you understand by finance planning?
Q.8 (a) What are the essential qualifications for a competent technical staff to be appointed at a drug
house?
(b) Write the steps to be followed for recruitment of the pharmacist at a drug
house?
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