CIL MT MATERIAL MANAGEMENT Exam-2025
1. Which
inventory valuation method tends to increase carrying costs during inflationary
periods?
A. First-In,
First-Out (FIFO)
B. Just-in-Time
(JIT)
C. Economic
Order Quantity (EOQ)
D. Last-In,
First-Out (LIFO)
Ans. A
2. Which
of the following aspects of Logistics Management has no direct linkage with
inventory control system?
A. Enabling
search engine optimisations for better visibility on the web
B. Integration
with Warehouse Management System
C. Facilitating
Just-in-Time inventory management system
D. Utilising
sales data to trigger automatic reorders when it falls below the threshold
Ans. A
3. Which of the following is a key consideration of supply chain management in selecting a business location?
A. Proximity to suppliers, distribution centers and customers
B. Presence
of recreational facilities for employees
C. The
aesthetic appeal of the location
D. Availability
of high-end retail stores nearby
Ans. A
4. In
the process of HML Analysis, as a part of the material classification
technique, the arrangement of the material is done with the logic of:
A. descending
order of their unit price
B. ascending
order of their consumption
C. descending
order of their demand
D. ascending
order of their availability
Ans. A
5. Which
of the following is a key consideration in the disposal of unserviceable scrap
to ensure compliance and efficiency?
A. Burning
all unserviceable scrap to quickly clear storage space
B. Ensuring
environmental regulations and financial accountability are followed
C. Disposing
of items without proper documentation to save time
D. Allowing
unauthorised personnel to handle scrap disposal
Ans. B
6. For
each consignment, a Goods Receipt Report (GRR) is prepared. GRR is an important
linking document between which of these departments?
A. Supplier,
Stores, Quality, Purchase, and Accounts
B. Supplier,
Stores, Purchase, and Accounts
C. Supplier,
Stores, and Accounts
D. Supplier
and Stores
Ans. A
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