Question

Which of the following statements is FALSE regarding ABC analysis?

A It is a method of inventory control.
B It involves classification of items according to their usage and investment required.
C Items classified in category B require moderate investment by the store.
D Items that account for around 10% of the investment but form nearly 70% of the items handled by the store are classified in the A category.
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)