'Six-tenth factor' rule is used for estimating the Cost of piping Equipment cost by scaling Equipment installation cost Utilities cost TRUE ANSWER : ? YOUR ANSWER : ?
Direct costs component of the fixed capital consists of Raw material costs Contingencies Onsite and offsite costs Labour costs TRUE ANSWER : ? YOUR ANSWER : ?
In financial accounting of a chemical plant, which of the following relationship is invalid? Assets = capital Assets = liabilities + net worth Assets = equities Total income = costs + profits TRUE ANSWER : ? YOUR ANSWER : ?
A present sum of Rs. 100 at the end of one year, with half yearly rate of interest at 10%, will be Rs. 110 91 97 121 TRUE ANSWER : ? YOUR ANSWER : ?
Nominal and effective interest rates are equal, when the interest is compounded Quarterly Semi-annually In no case, they are equal Annually TRUE ANSWER : ? YOUR ANSWER : ?
Cost incurred towards __________ in a chemical plant is a component of the utilities cost. Water supply Medical services Property protection Running a control laboratory TRUE ANSWER : ? YOUR ANSWER : ?
The economic life of a large chemical process plant as compared to a small chemical plant is Almost equal Slightly less Much more Only slightly more TRUE ANSWER : ? YOUR ANSWER : ?
A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as Perpetuity Annuity Future worth Capital charge factor TRUE ANSWER : ? YOUR ANSWER : ?
Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method? Declining balance method Sum of the years digit method Multiple straight line method Sinking fund method TRUE ANSWER : ? YOUR ANSWER : ?
Effective and nominal interest rates are equal, when the interest is compounded Monthly half-yearly Fortnightly Annually TRUE ANSWER : ? YOUR ANSWER : ?