1. Another name of semifinished products is
(1) Work
(2) Work in Progress
(3) Progress of work
(4) Slow Progress
(5) None of these
2. The goods which are manufactured by one industrial unit and used by another industrial unit without any processing are called
(1) Raw Material
(2) Semi Finished
(3) Production
(4) Production Supplies
(5) Fabricating Goods
3. Examples of Fabricating Goods are —
(1) Speaker for T.V.
(2) Tyre and Tube
(3) Pen and Ink
(4) 1 and 3
(5) 1. 2 and 3
4. The goods which arc necessary for the operation of industrial unit are called_.
(1) Production Material
(2) Production Supplies
(3) Supplies
(4) Material
(5) Facilities
5.____helps in process of production.
(1) Production Facilities and Equipments
(2) Material
(3) Supplies
(4) Raw Material
(5) Semi Finished
6. Example of Production Supplies is
(1) Coal
(2) Gas
(3) Nut-Bolt
(4) Cleaning Material
(5) All of above
7. Example of Production Facilities is
(1) Plant
(2) Building
(3) Furniture
(4) All of above
(5) None of these
8. What is the bases of difference between consumer Goods and Industrial Goods ?
(1) Nature of Customers
(2) Number of customers
(3) Nature of Demand
(4) Product Analysis
(5) All of above
9. Expansion of Product Mix states—
(1) increase in the number of Product lines
(2) Increase the number of Product items in product line
(3) More companies
(4) Maximum exploitation of plant
(5) 1 and 2
10. What is true of Under Product Line ?
(1) It is important that under product line are not necessary to be related with the existing lines
(2) Its necessary that new product line should be as same as previous one
(3) Two products should be launched at a time
(4) 1 and 2
(5) 1,2 and 3
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