Professional Documents
Culture Documents
4. For delay in taking delivery of consignments from railways, which penalty is imposed?
5. If the price basis is FOR Destination, properties in goods are transferred from seller to buyer
6. To avoid non-delivery claims on road carrier/ railways becoming time barred, they must be
lodged with the carrier within
7. If transit insurance is arranged by the supplier, for damages and non delivery
(a) We need not take any action for lodging claim with carrier.
(b) We must lodge preliminary claim with the carrier and furnish details to the supplier
(c) We shall not only lodge the claim with the carrier but also vigorously pursue till claim
is settled.
8 In NTPC stock verification of following assets is done
13. All the cylinders shall be hydraulically tested by a competent person at a pressure
marked on cylinders at interval of not more than two years after the date of last test
containing
14. License from department of explosives for storage of toxic or corrosive gases(chlorine,
ammonia, etc.) shall be required only when the number of cylinders at location exceeds
(a) 10 cylinders
(b) 5 cylinders
(c) 2 cylinders
17. HML (High, medium and low) – in NTPC PQR Analysis is based upon
(a) Value of items in inventory on 31st March i.e. closing of financial year
(b) Unit price of the items
(c) Annual consumption value of items
1. If price basis is ex- works, packing and forwarding charges are born by the buyer (True/ false).
7. Purchase requisition for stock items are raised by user departments. (True/ false)
8. If pre-despatch inspection is carried out, there is no need for inspection at Stores after receipt
of materials. (True/ false)
9. High inventory is a sign of prosperity and not a matter of concern (True/ false)
10. Purchase requisitions can be raised by any person but it need to be approved by a competent
authority as per DOP (True/ False)
11. Oil drums shall be stacked in horizontally with bugs at 9 O’ clock and 3 O’clock position
(True/ false)
12. The first two digits in our codification scheme represent Main Group of items (True/ False)
13. For delay in unloading the wagons wharfage charges are imposed by Rlys. (True/false)
14. Any executive can be nominated as member of Tender Committee (True/ False)
15. Stores Requisition-cum-Issue Voucher can be approved by any executive (True/ False)
16. Cost estimates are generally based on SOR for civil works and CPWD/ DRS for electrical
works (True/ False)
17. EMD is demanded from the bidder for successful execution of P.O/ Contract (True/ False)
18. Unutilized/ excess materials can be returned to stores by user departments through documents
known as “Materials Return Note” (True/ False)
19. VED Analysis is done with the help of O&M experts, whose judgment is essential to derive a
ranking of the items as Vital, Essential and Desirable based upon essentiality or criticality (True/
False)
20. High number/ value of rush purchase/ cash purchase is a symptom of poor inventory
management (True/ False)