CHEMICAL ENGINEERING

Question: Effective and nominal interest rates are equal, when the interest is compounded
[A].

annually

[B].

fortnightly

[C].

monthly

[D].

half-yearly

Answer: Option A

Explanation:

No answer description available for this question.

Question: The amount of compounded interest during ‘n’ interest periods is
[A].

p[(1+i)n-1)]

[B].

p(1 + i)n

[C].

p(1 – i)n

[D].

p(1 + in)

Answer: Option A

Explanation:

No answer description available for this question.

Question: With increase in the discounted cash flow rate of return, the ratio of the total present value to the initial investment of a given project
[A].

decreases

[B].

increases

[C].

increases linearly

[D].

remains constant

Answer: Option A

Explanation:

No answer description available for this question.

Question: Annual depreciation costs are constant, when the __________ method of depreciation calculation is used.
[A].

declining balance

[B].

straight line

[C].

sum of the years digit

[D].

none of these

Answer: Option B

Explanation:

No answer description available for this question.

Question: The amount of simple interest during ‘n’ interest period is (where, i = interest rate based on the length of one interest period, p = principal)
[A].

p.i.n.

[B].

p(1 + i.n)

[C].

p(1 + i)n

[D].

p(1 – i.n)

Answer: Option A

Explanation:

No answer description available for this question.

Question: Gross earning is equal to the total income minus
[A].

total product cost

[B].

fixed cost

[C].

income tax

[D].

none of these

Answer: Option A

Explanation:

No answer description available for this question.

Question: According to six-tenths-factor rule, if the cost of a given unit at one capacity is known, then the cost of similar unit with ” times the capacity of the first unit is approximately equal to __________ times the cost of the initial unit.
[A].

n

[B].

n0.6

[C].

n0.4

[D].

n

Answer: Option B

Explanation:

No answer description available for this question.

Question: Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.
[A].

overhead cost

[B].

fixed expenses

[C].

general expenses

[D].

direct production cost

Answer: Option C

Explanation:

No answer description available for this question.

Question: Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment.
[A].

4

[B].

13

[C].

22

[D].

34

Answer: Option B

Explanation:

No answer description available for this question.

Question: ‘Utilities’ in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from __________ percent of the total product cost.
[A].

l to 5

[B].

10 to 20

[C].

25 to 35

[D].

35 to 45

Answer: Option B

Explanation:

No answer description available for this question.