Search
Home
Saved
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
474 views
Sheet Music
Inventory and SCM MCQs
1
of 12
Document
Inventory MCQ
Search document
Q1: Which of the following can be separated from the group? (i)Administrative (i)Administrative lead time (ii) suppliers lead time (iii) technical lead time iv) Transporter lead time
Q2: Which of the following cannot be termed as function of material management ? (i) sourcing (ii) Import and Export (iii) Risk management (iv) Indenting Q3: Which of the concept can be taken into consideration while assessing right time for purchase? a: Standarization Standarization b : ROL c: Vendor rating d :Purchase Q4:The concept of EOQ is related with A: quality B: time C: contract D: quantity Q 5: Which is not the function of stores management ? A :Preparation of reciept B : arranging inspection C : inventory control D : procurement Q6 : Which one of the following is a rational technique of modern storekeeping ? A: EOQ , B : value analysis Read Free Foron 30this Days Sign up to vote title C: Accounting Useful Not useful Cancel anytime. Codification D : Special offer for students: Only $4.99/month.
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Sign In
Upload
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents Sheet Music
Inventory and SCM MCQs
1
Download
474 views
of 12
Document
Inventory MCQ
Search document
D ; send to the indentor Q9 ; While taking delivery of material , the delivery challan should be compared carefully with : A ; Indent B; technical specfication C: purchase Order D : receipt document Q 10 ; MRR stands for A : material removal register B : Maintenance Report Register C: material receipt register
Q 11 : In some case supplier donot sends dispatch copy or R/R or G/R to A : store division B ; the bank C: Material Department
Q 12; After accepting the receipt of material in the daily material receipt , to whom inspection notice is served ; A ; Stores B: Material C : Finance D : Indentor
Q13: what is the time given for inspector to inspect the material put at the inspection bay at store ? A : 2 days B: 3 days C : 5 days D ; 6 days Read Free Foron 30this Days Sign up to vote title
Master your semester with Scribd & The NewQ York Times Useful 14: GRS is prepared in how many copies ? Special offer for students: Only $4.99/month.
A;3
Not useful
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
474 views
Sheet Music
Inventory and SCM MCQs
1
of 12
Document
Inventory MCQ
Search document
Q16 :Which of the following is not indicated in the Material Control Card ( Stock) ? A : receipt B : Issue C : Balance quantity D : Indent no.
Q17 ;The date and signature of verification of the quantity is noted in : A ; Material Control Card B ; Kardex C : Goods Receipt sheet Q 18 : Indent is prepared in how many copies ? A:3 B:5 C:6 D:4 Q19: Which copy of Indent is retained by the material department department ? rd A:3 B : 4th C: 5th D: 6th Q20: Which is the basic document for making payment to the suppliers ? A : material receipt register B : purchase order C : GRS Q21 : Which of the classification of items is based on stock-value ? A : FSN B: ABC C : XYZ Q22 ; X,Y,Z items are suggested to be covered under the stock verification in the consecutive years : A : 3,4,5 yrs B : 2,3,4 yrs Read Free Foron 30this Days Sign up to vote title C; 1,2,3 yrs Useful Not useful Cancel anytime. Q 23 ; Physical verification veri fication of stores is i s not essentially essentiall y resorted for Special offer for students: Only $4.99/month. the purpose ;
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
474 views
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
Sheet Music
Inventory and SCM MCQs
1
of 12
Document
Inventory MCQ
Search document
Q25 ; Which of the following stock verification methods has not been adopted in the NTPC ? A : periodical stock verification B : continous stock verification C ; verification by Internal auditors D ; Verification by the external agency . Q26 ;By whom the surprise verification be done ? A : a team of three officers comprising comprising Finanace deparment , material department , purchase department B ; a team of at least two officers drawn from departments other than materials department . C; two senior officer of material department D ; By GM/ Head of the Plant . Q27 ; Stock verifier , appointed specifically for the purpose are under control of which authority ? A : General Manager B ; HOD material C : CFM/ Head of Finance D: HOD purchase Q28: Who is responsible for achieving the target of 100% stock verification of stores? A : Head of Finance B : GM/Plant Head C: HOD material
Q29: Which of the following can be termed as Preventive method of controlling inventories ? A: Watch on the actual receipt B : accurate forcasting and scheduling Read Free Foron 30this Days Sign up to vote title C: monitoring stock levels Useful Not useful Cancel anytime. D ; quick disposal of slow moving and obsolete stocks . Special offer for students: Only $4.99/month.
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
474 views
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
Inventory and SCM MCQs
1
:
2
:
3
:
4
:
5
:
of 12
Document
Inventory MCQ
Search document
ABC ABC Clas Classsific ificat atio ion n is base based d on a) Criticality Criticality of items b) Inventory value of items items at the year year end c) None None of the two VED VED clas classi sifi fica cati tio on made made on a) Market Market availability availability b) Annual Annual consump consumption tion value of item item c) Criticality Criticality of items d) None None Which Which techni technique que helps helps us to identi identify fy obsole obsolete te items items a) ABC Analys Analysis is b) XYZ analys analysis is c) FGH analys analysis is d) Movement Movement analysis analysis If you take take delive delivery ry from from railwa railways ys at a later later date date than than prescr prescribe ibed d the penalty penalty imposed on is known as a) Wharfage Wharfage charge charge b) Obsolete Obsolete charge charge c) Negligent Negligent charge charge d) Demurrage Demurrage charge charge
Valuatio Valuation n of financ financial ial year year closin closing g of stocks stocks is known known as a) ABC analys analysis is b) XYZ analysis analysis c) Stock Stock analys analysis is d) None of the above above 6 : Invent Inventory ory is a term term related related to Contra Contracts cts Manage Managemen ment. t. a) Yes b) No c) Cant Cant say say d) It depend dependss 7 : The time time that that lapses lapses betwee between n raisin raising g of purcha purchase se requis requisitio ition n by user user depart departmen men or stores and receipt and acceptance of materials at stores for issue to use departments is known as a) Lead Lead time time b) Runnin Running g time time c) Time gap analysis analysis Read Free Foron 30this Days Sign up to vote title d) None None of these these Useful Not useful 8 : Find ind the odd one out Cancel anytime. Special offer for students: Only $4.99/month. a) ABC analys analysis is b) XYZ analys analysis is
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Inventory and SCM MCQs
1
Download
Magazines
News
Documents
474 views
Sheet Music
11
:
12
:
13
:
14
:
15
:
16
:
17
:
of 12
Document
Inventory MCQ
Search document
d) SDE classificati classification on Cost Cost estima estimate te in Purcha Purchase se Indent Indent helps helps in determ determinin ining g a) Who is competent competent authority authority b) How to evaluate evaluate bids c) Both oth d) None None Which Which is not not relev relevan antt to inve invent ntor ory y a) carry carrying ing cost cost b) orderi ordering ng cost cost c) waitin waiting g cost cost d) all of the above above are are invento inventory ry costs costs Inventory Inventory analysis analysis based on unit rates of items is known as XYZ analysis. analysis. a) True True b) Fals Falsee c) Cant Cant say say d) There is no no such such analysis analysis If we need to store 5 cylinders cylinders of toxic or corrosive corrosive gases do we need to take license from Department of Explosives? a) No need to take separate license license for this purpose purpose b) Yes c) No. It is required if it is more more then 20 cylinders cylinders d) Both Both b and c Which Which is related related to Materi Materials als manage managemen mentt functi function on a) ABC analys analysis is b) XYZ analys analysis is c) HML analys analysis is d) All are related related Open Open tender tender is also also known known as Press Press tender tender,, NIT etc a) True True b) Fals Falsee NTPC NTPC stan standa dard rd paym paymen entt term term is a)
100% within 30 days from date of receipt receipt and acceptance of material
b) 100% along with Purchase Purchase Order Order c) There is no such standard standard paymen paymentt term d) None None Read Free Foron 30this Days Sign up to vote title 18 : SRV SRV mean meanss Store Storess Retur Returne ned d Vouc Vouche her. r. a) Yes Useful Not useful Cancel anytime. b) No Special offer for students: Only $4.99/month. c) Cant Cant say say
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Download
Magazines
News
Documents
474 views
Sheet Music
Inventory and SCM MCQs
1
of 12
Document
Inventory MCQ
Search document
a) Tru True b) Fals Falsee 23 : Stores Stores Requis Requisitio ition-c n-cumum-iss issue ue Vouche Voucherr can can be be appro approved ved by Any Execut Executive ive Stores department. a) Yes b) No 24 : SAS SAS in mater materia ials ls mana manage geme ment nt stan stands ds for for a) Stores Stores accounting accounting system system b) Stores analysis analysis scheme scheme c) Stores Acquisition Acquisition system system d) None None 25 : Tender Tenderss invite invited d from from only only one manufa manufactu cturer rer is known known as a) Single Single tend tender er b) Open Open tender tender c) NIT d) None None 26 : How many many digits digits are there there for stocke stocked d materi material al codes codes a) 10 b) 11 c) 09 d) 12 27 : Catego Categoris risatio ation n method method is used used for rating rating a) Vendor Vendorss b) Deal Dealer erss c) Custom Customers ers d) Suppli Suppliers ers 28 : Phys Physic ical al stoc stock k verif verifica icatio tion n is done done by a) Stor Stores es b) Finan Finance ce c) HR d) FQA 29 : Who is responsib responsible le for stock verificatio verification n for each financial financial year a) Head Head of Projec Projectt b) Head of Materials Materials c) Head Head of O&M d) Head of Finance Finance 30 : The most most basic basic techni technique que of invent inventory ory manage managemen mentt is a) ABC ABC Analy Analysis sis Read Free For 30 Days Sign up to vote on this title b) ZYX analys analysis is Useful Not useful c) CBA analys analysis is Cancel anytime. d) PQR analys analysis is Special offer for students: Only $4.99/month. 31 : Who will will raise raise the indent indent for consum consumabl ables es
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents
Inventory and SCM MCQs
1
Download
474 views
Sheet Music
34
:
of 12
Document
Inventory MCQ
Search document
c) Godown Godown Requisitio Requisition n Sheet d) None None Purcha Purchase se indent indent is prepar prepared ed in _____ _____ copies copies a) 6 b) 8
c) 5 d) 7 35
:
SD shall be collected from the successful BIDDER (VENDOR) only as per the prescribed rates. a) True True b) False
36
:
We can treat the EMD as a part of Security Deposit.
a) Yes b) No 37 : IUC IUC clas classi sifi ficat cation ion stan stands ds for for a) Insurance, Unit assembly and consumable b) Indented Indented Unit costs c) Insurance Insurance under under cover cover d) None None 38 : OEM, OEM, OMS, OMS, PAC PAC lead leadss to a) Single Single tend tendering ering b) Double Double tendering tendering c) NIT d) None None 39 : EOQ EOQ is rela relate ted d with with a) Quanti Quantity ty b) Qual Quality ity c) Time Time d) Mone Money y 40 : Which Which is the basic basic docume document nt for making making paymen paymentt to suppli suppliers ers a) GRS GRS b) MTN c) MRN d) Payment Payment order order by supplier supplier Read Free Foron 30this Days Sign up to vote title 41 : What What is the value value of the bid guaran guarantee tee/EM /EMD? D? Useful a) 2% of cost estimate estimate if the same same is below below 5 crores Not useful Cancel anytime. b) 1% of cost estimate if the same is more than 5 crores Special offer for students: Only $4.99/month. c) Both oth
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents
Inventory and SCM MCQs
1
Download
474 views
Sheet Music
45
:
46
:
47
:
48
:
49
:
of 12
Document
Inventory MCQ
Search document
a) Yes b) No Who Who is resp respon onsi sibl blee for vett vetting ing of of tende tenderr docum documen ents ts subm submitt itted ed by exte extern rn funding agencies? a) Corporate Corporate Planning Planning departmen departmentt b) Site Management Management Committee Committee c) Site C&M department department along with HR d) Corporate Corporate Materials Materials Department Department Curr Curren entt DOP DOP oper operat atin ing g now now is a) DOP DOP 2004 2004 b) DOP DOP 2008 2008 c) DOP DOP 2002 2002 d) DOP 2005 2005 In which which of the follow following ing case case lead lead time time will be more? more? a) LT b) Single Single Tender Tender c) Multip Multiple le Tender Tender d) Open Tend Tender er If the value of PI is more than ________la ________lacs cs then Open Tendering Tendering is needed. needed. a) 5 lacs lacs b) 15 lacs lacs c) 1 cror croree d) In all above cases
The The acro acrony nym m ROL ROL stan stands ds for for a) Requiremen Requirementt of Letter of Credit Credit b) Reorder Reorder Level c) Report Report of of Loss of stock d) None None 50 : MPIC MPIC stands stands for Materia Materials ls Planni Planning ng and Invento Inventory ry Contro Controll a) Yes b) No 51 : The spares spares that wear out or get consumed consumed while in service service are known as: a) Consumables b) Perish Perishabl ables es c) Nut and bolts bolts d) Access Accessori ories es 52 : Find ind the odd one Read Free For 30 Days Sign up to vote on this title a) MTN b) GRS c) PTW d) SRV Useful Not useful 53 : Who Who are are resp respon onsi sibl blee for for SRV SRV prici pricing ng Cancel anytime. Special offer for students: Only $4.99/month. a) HR b) Stores c) Purchase d) Accounts 54 : Vendor Vendor develo developme pment nt is the respon responsib sibilit ility y of
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Upload
Sign In
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents
Inventory and SCM MCQs
1
Download
474 views
Sheet Music
58
:
59
:
60
:
of 12
Document
Inventory MCQ
Search document
Insurance Spares. a) True True b) Fals Falsee c) They are known as mandato mandatory ry spares spares In Mate Materia rials ls Mana Manage geme ment nt,, Procu Procure reme ment nt is an an area area where where the the use of of combin combinatio ation n of Intern Internet et Techno Technolog logies ies can drive drive major major efficie efficienci ncies es i.e. i.e. controlling cost and improving employee productivity a) True True b) Fals Falsee What is a risk? a) Risk is possibility possibility of loss b) Risk is uncertain uncertain c) Risk is manageable and can be eliminated altogether d) Only Only a and b.
AN ____ _______ _____ ___ _ INSURA INSURANCE NCE IS AN INSURA INSURANCE NCE ON PROPER PROPER AGAINST ACCIDENTS RESULTING IN DAMAGE TO MACHINERY AND STEEL STEEL STRUCT STRUCTURE URES S WHILE WHILE IN THE NORMAL NORMAL COURS COURSE E ERRECTION OR CONSTRUCTION.
a) EAR b) Comprehensive c) Fire d) Mundane 61
:
62
:
63
:
In the the term termss EAR, EAR, E refe refers rs to a) Erection b) Execution c) Election d) Effective P&W policy icy means a) Procuremen Procurementt and Works b) Purchase Purchase and and waste waste manageme management nt policy policy c) Power Works policy policy d) None None MRR stands for a) Material Material Receipt Receipt Register Register b) Material Material Regular Regular Rate c) Marine Receipt Receipt for Record Record d) None None of above above
Whic Which h one one of the the foll follow owin ing g is a rati ration onal al tech techni niqu que e modern storekeeping? a) EOQ b) Value Analysis c) Accounting d) Codification Read Free Foron 30this Days Sign up to vote title Useful Not useful Cancel of anytime. 65 : The condition of destination and mode delivery is Special offer for students: Only $4.99/month. specified in: 64
:
Master your semester with Scribd & The New York Times
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
1
Sign In
Upload
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
Magazines
News
Documents
Inventory and SCM MCQs
1
Download
474 views
of 12
Document
Inventory MCQ
Search document
67
:
While While taking taking delive delivery ry of mater material ial,, the delive delivery ry chall chall should be compared carefully with: a) Indent b) Technical specification c) Purchase Order d) SRV
68
:
Usually what is the time given for inspector to inspect the material put at the inspection bay at stores? a) 2 days b) 3 days c) 4 days days d) 5 days
69
:
Whic Which h of the the foll follow owin ing g is not not indi indica cate ted d in the the Mate Mate Control Card ( Stock)? a) Receipt date b) Issue number c) Balance quantity d) Indent number
70
:
Which of the classification of items is based on stockvalue? a) FSN b) ABC c) DEF d) XYZ
71
:
Which of the following is not the reason for stock discrepancies? a) Weighted differences b) Measurement differences c) Improper storage d) None of above
Sheet Music
Master your semester with Scribd Read Free Foron 30this Days Sign up to vote title no 72 : Which of the following stock verification methods has & The New York Times Useful Not useful been adopted in the NTPC? Special offer for students: Only $4.99/month. a) Periodical
stock verification b) Continuous stock stock verification
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
Search
Home
Saved
474 views
1
Sign In
Upload
Join
RELATED TITLES
0
Question Bank on Materials Management
Uploaded by MY NAME IS NEERAJ..:):)
Top Charts
Books
Audiobooks
Save
Embed
Share
Print
1
Download
Magazines
News
Documents
Sheet Music
Inventory and SCM MCQs
of 12
Document
Inventory MCQ
Search document
74
:
Stock Stock verifi verifier, er, appoi appointe nted d specif specifica icall lly y for the purpos purpose e under control of which authority? a) General Manager b) Executive Director c) Head of Finance d) Head of Vigilance
75
:
Who is responsible for achieving the target of 100% stock verification of stores? a) Head of Finance b) Head of HR c) Head of Project d) Stores Incharge
: : : : :
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Read Free Foron 30this Days Sign up to vote title
Useful
Not useful
Cancel anytime.
Home
Saved
Top Charts
Books
Audiobooks
Magazines
News
Documents
Sheet Music
Master your semester with Scribd & The New York Times Special offer for students: Only $4.99/month.
Upload
Sign In
Read Free For 30 Days Cancel anytime.
Join
