The Schedule in Drugs and Cosmetics Act which specifies that drugs shall not be sold by retail except on and in accordance with the prescription of a Registered Medical Practitioner ?->(Show Answer!)

1. The Schedule in Drugs and Cosmetics Act which specifies that drugs shall not be sold by retail except on and in accordance with the prescription of a Registered Medical Practitioner

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MCQ->The Schedule in Drugs and Cosmetics Act which specifies that drugs shall not be sold by retail except on and in accordance with the prescription of a Registered Medical Practitioner....

MCQ->The Schedule in Drugs and Cosmetics Act which specifies that drugs shall not be sold by retail except on and in accordance with the prescription of a Registered Medical Practitioner:....

MCQ-> Read the following passage to answer the given question based on it. Some words/phrases are printed in bold to help you locate them while answering some of the questions.Organized retail has “fuelled” new growth categories like liquid hand wash, breakfast cereals and pet foods in the consumer goods industry accounting for almost 50% of their sales said data from market search firm Nielsen The figures showed some of these new categories got more than 40% of their business from modern retail outlets.The data also suggests how products in these categories reach the neighbourhood kirana stores after they have established themselves in modern trade While grocers continue to be an important channel for the new and evolving categories we saw an increased presence of the high end products in modern trade For example premium products in laundry detergents dishwashing car air fresheners and surface care increased in availability through this format as these products are aimed at “affluent” consumers who are more likely to shop in supermarket/hypermarket outlets and who are willing to pay more for specialized products Some other categories that have grown exceptionally and now account for bulk of the sales from modern retail are frozen and With the evolution of modern trade our growth in this channel has been healthy as it is for several other categories Modern retail is an important part of our business said managing director Kellogg India. What modern retail offers to companies experimenting with new categories is the chance to educate customers which was not the case with a general trade store Category creation and market development starts with modern trade but as more consumer start consuming this category they “penetrate into other channels” said president food FMCG category Future Group the country’s largest retailer which operates stores like Big Bazaar But a point to note here is that modern retailers themselves push their own private brands in these very categories and can emerge as a big threat for the consumers goods and foods companies For instance Big Bazaar’s private label Clean Mate is hugely popular and sells more than a brand like Harpic in its own stores So there is a certain amount of conflict and competition that will play out over the next few years which the FMCG companies will have to watch out for said KPMG’s executive director (retail) In the past there have been instances of retailers boycotting products from big FMCG players on the issue of margins but as modern retail become increasingly significant for “pushing” new categories experts say we could see more partnerships being forged between retailers and FMCG companies Market development for new categories takes time so brand wars for leadership and consumer franchise will be fought on the modern retail platform A new brand can overnight compete with “established” companies by trying up with few retailers in these categories president of Future Group addedWhich of the following is being referred to as new growth category ?
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MCQ-> Read the passage carefully and choose the best answer to each question out of the four alternatives.Bertrand Russell in The Conquest of Happiness has said that the sole reason of unhappiness finding refuge in the heart of man is the unhindered growth of “self- centred passions”. These passions are more often materialistic. And in the pursuit of materialistic passions, man becomes alienated from the society. Failure in his pursuit often leads him to discontentment and dejection and he finds himself a misfit in this world. In the modern world, none is unaffected by stress. The stress to outdo the other in this mad rat race of consumerism often leads to depression.Even children are not spared from this. They are supposed to fare better than their classmates in examinations and other co-curricular activities. So man, right from childhood, has to face the brunt of being born in this fast changing society. A section of the youth, unable to cope with the expectations of their loved ones, either end their lives or experiment with drugs, for seeking temporary mental relaxation provided by the initial intake, encourages people to indulge in them more often. The body then becomes totally dependent on drugs and cannot survive without the daily dose. With regular intake the amount required to produce the effect also increases. This physical and mental dependence on drugs is called drug addiction. Drug addiction is a psychiatric, psychological and social problem. While persons of all ages and at all places are open to drug use the most susceptible among them are the youth. It has attained the proportions of almost an epidemic among the youth. It is mostly introduced to an unsuspecting person by his friends and is usually observed that once addicted to drugs, they initiate others to drugs. Some youngsters take to drugs because they are poked fun as if they do not use drugs. And some take drugs just to seek company or break boredom. In addition to these, other factors that lead to drug addiction are — lack of parental care and supervision, lack of moral and religious education, media and pop culture, broken homes, hatred for any authority, etc. Seeking refuge in drugs relieves tensions, eases depressions and removes inhibitions, although the period of ecstasy is apparently short-lived. Which of the following statements is true ?
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MCQ-> Read the following caselet and choose the best alternative The BIG and Colourful Company You are running "BIG and Colourful (BnC)" company that sells books to customers through three retail formats: a. You can buy books from bookstores, b. You can buy books from supermarket, c. You can order books over the Internet (Online). Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses. There are two types of margins, contribution (sales minus initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:

Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:

Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:

Read the following statements: Statement I. Online store accounted for 50% of the sales at BnC and the ratio of supermarket sales and book store sales is 1:2. Statement II. Initial Cost is allocated in the ratio of sales. If you want to calculate the profit/loss from the different retail formats, then....