Economics for Engineers MCQ Questions with Answers
1. A person of Rs. 1,10,000 was made for 31 days. The net interest after deducting 20% withholding tax is Rs. 890,36. Find the rate of return annually.
Answer : D
2. The present value of ₹ 1 to be received after 3 years compounded annually at 10%
Answer : C
3. If the inflation rate is 7% per year, market interest rate is 15%, then the real interest rate will be
Answer : A
4. At the break-even point
Answer : C
5. For a project to be financially viable the value of Benefit-Cost Ratio should be
Answer : A
Economics for Engineers MCQ
6. The period required for the project’s profit or other benefits to equal the project’s cost is called
Answer : C
7. Internal rate of return is an indicator of
Answer : C
8. Annualized capital recovery cost is defined as
Answer : D
9. IIR stands for the rate of return for which
Answer : A
10. The index which measures prices of a selection of goods and services purchased by a given consumer class is
Answer : A
Economics for Engineers MCQ
11. If Index Number for a certain period is equal to 100, then
Answer : C
12. Demand-pull inflation may be caused by
Answer : C
13. What is the full form of PVIP?
Answer : B
14. If actual sales are Rs. 40,000 and BEP sales are Rs. 30,000 the Margin of Safety is Rs.
Answer : B
15. FVIF5%3=
Answer : C
Economics for Engineers MCQ
16. In NPV method, cash flow is generally calculated on the basis of
Answer : A
17. What could be the value of present sum for Rs. 10,000 at 8% interset for one year ?
Answer : D
18. If E0=optimistic estimate, Em=most likely estimate, and Ep=pessimistic estimate then the average or mean value of a parameter for economic analysis is given by
Answer : D
19. Margin of safety is equal to
Answer : A
20. If A and B are two mutually non-exclusive events, then P(A or B) is
Answer : B
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