സ്ത്രീകള്‍ എങ്ങിനെ വസ്ത്രം ധരിക്കണം എന്ന് പുരുഷന്‍ നിഷ്ക്കര്‍ഷിക്കുന്നത് ശരിയോ? അല്ലെങ്കില്‍ തിരിച്ചും?

Saturday, August 13, 2011

Model Questions from Material Management for IPO Examination



1 What are the Six M’s in a Management ?

1 . Men 2. Materials 3. Machine 4. Methods 5 Money 6 . Market
2. Mention the actions which are included in process of Management .

The process of Management includes the Planning , organizing and controlling of six M’s
3. What are the main areas covered by material management

Material Cost , Materials Utlisation and material Supply
4 What is the main aim of material Management ?

Reducing the cost of production and distribution

5 --------- and ------------- are primary objectives of Material Management

Provision of Materials and Minimisation of inventory

6 Every organization its own material management
The above said statement Is

True


7 -------- and --------- are the two faces of material management

Maximising the production or service and reducing the cost
8 Inventory control is related with --------------- and it helps to reduce -----

Material Management --------- Cost of materials
9 Division of material organization in two categories ?

Mention the two categories

Material organization for top functionaries and operating staff

10 what is the role of top material managers in a organization ?

Decision making related with budgeting ,planning and programming
11 What are three level of material management ?

1. Top Level 2. Middle Level 3. Lower level
12 What are the main acts /law related with purchase or sale of goods ?

Contract act , sale of goods act, insurance law , Negotiable insurance act , Excise duty ,Sale Tax
13 What is meant by Budget ?

Financial estimates of income and expenditure of an organization

14 What are the main objectives of prepare a budget ?

Plan the activities in a various department , fix the targets , monitor the performance of activities and take decision to corrective measures to achieve the target
15 What is meant material Budget ?

It is a coordinated estimates of the consumption and purchase of materials in an organization

16 ------------ is playing a major role in material budgeting

Accounting
17 What is meant by Purchase order ?

Order in respect of procuring the material from the suppliers

18 DGS & D means

Directorate General of Supplies and Disposals

19 What are the major departments of DGS& D ?

Supplies wing , Inspection wing , Progress wing, Disposals wing

20 First in first out method is used for ----------

Costing materials
21 What are the essentials of material Management

Provide best service to public , Produce maximum efficiency , manage inventories at predetermined levels

22 What is the is a primary responsibility of the materials management group?

The creation of material standards, inspections, and returns process

23 The term value analysis is related with --------------

Quality control
24 What is meant by value analysis ?

It is a method to examine the functional utility of a product
25 The action related with the procurement, maintenance, distribution, and replacement of personnel and materiel is called as

Logistics
Prepared by S Jayachandran , SA , Divisional Office , Mavelikara, Kerala -690101 – 9961464279

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