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Multiple Choice Questions
1. A drug consist,in full or in whole or in part,of any filthy,putrid or decomposed substance:
(A): Adultered drug
(B): Spurious drug
(C): Misbranded drug
(D): Patent drug
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MCQ->A drug consist,in full or in whole or in part,of any filthy,putrid or decomposed substance:....
MCQ->A drug consist, in full or in whole or in part, of any filthy, putrid or decomposed substance....
MCQ->
Answer questions on the basis of information given in the following case.
MBA entrance examination comprises two types of problems: formula - based problems and application - based problem. From the analysis of past data, Interesting School of Management (ISM) observes that students good at solving application - based problems are entrepreneurial in nature. Coaching institutes for MBA entrance exams train them to spot formula - based problems and answer them correctly, so as to obtain the required overall cut - off percentile. Thus students, in general, shy away from application - based problem and even those with entrepreneurial mind - set target formula - based problems. Half of a mark is deducted for every wrong answer.ISM wants more students with entrepreneurial mind - set in the next batch. To achieve this, ISM is considering following proposals: I. Preparing a question paper of two parts, Parts A and Part B of duration of one hour each. Part A and Part B would consist of formula - based problems and application - based problems, respectively. After taking away Part A, Part B would be distributed. The qualifying cut - off percentile would be calculated on the combined scores of two parts. II. Preparing a question paper comprising Part A and Part B. While Part A would comprise formula - based problems, Part B would comprise application - based problems, each having a separate qualifying cut - off percentile. III. Assigning one mark for formula - based problems and two marks for application based problems as an incentive for attempting application - based problems. IV. Allotting one mark for formula - based problems and three marks for application - based problem, without mentioning this is the question paper. Which of the following proposal (or combination of proposals) is likely to identify students with best entrepreneurial mind - set?....
MCQ-> Read the following case – let and answer the question that follow Krishna Reddy was the head of a pharmaceutical company that was trying to develop a new product. Reddy, along with his friend Prabhakar Rao, assessed that such products had mixed success. Reddy and Rao realized that if a new product (a drug) was a success, it may result in sales of 100 crores but if it is unsuccessful, the sales may be only 20 crores. They further assessed that a new drug was likely to be successful 50% of times. Cost of launching the new drug was likely to be 50 crores. Now, Reddy and Rao were in a quandary whether the company should go ahead and market the drug. They contacted Raj Adduri, a common friend for advice. Adduri was of the opinion that given the risky nature of launch, it may be a better idea to test the market. Rao and Reddy realized test marketing would cost 10 crores. Adduri told them the previous test marketing results have been favorable 70% of times and success rate of products favorably tested was 80%.Further, when test marketing results were unfavorable; the products have been successful 30% of the times.How much profit can the company expect to earn if it launches the new drug(suppose there are no additional costs)?
....
MCQ->A doctor has decided to prescribe two new drugs D1and D2 to 200 heart patients such that 50 get drug D1, 50 get drug D2 and 100 get both. The 200 patients are chosen so that each had 80% chance of having a heart attack if given neither of the drugs. Drug D1 reduces the probability of a heart attack by 35 %, while drug D2 reduces the probability by 20%. The two drugs when taken together, work independently. If a patient, selected randomly from the chosen 200 patients, has a heart attack then the probability that the selected patient was given both the drug is:....
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