26. The ratio of discounted benefit and discounted cost is called
a) discount ratio
b) B/C ratio
c) C/B ratio
d) none of the above
27. In a project selection, minimum B/C ratio should be
a) >1
b) <1
c) 0
d) equal to 1
28. In case of construction/production industry the cost of materialis normally
a) more than cost of labour
b) equal to cost of labour
c) less than cost of labour
d) none of the above
29. What is the element of total cost?
a) material &labour cost
b) labour& fuel cost
c) fuel & machine cost
d) all of the above
30. The average cost incurred in supplying a particular benefit over the entire life time of the project is called
a) project cost
b) average life cycle cost
c) maintenance cost
d) all of the above
31. The types of indirect cost which can’t measured and allocated to a specific output or work activity is called
a) project cost
b) prime cost
c) overhead cost
d) all of the above
32. Material cost is concerned with
a) direct cost
b) indirect cost
c) both (a) and (b) above
d) none of the above
33. The types of costing used to find the cost of non-standard jobs generally made according to customer’s specifications, is called
a) job costing
b) process costing
c) satisfaction costing
d) manufacture costing
34. The types of costing used to find out involved whileconverting a raw material to finished output, is called
a) job costing
b) process costing
c) satisfaction costing
d) manufacture costing
35. The change in any parameters of project due to change in any factor is called
a) sensitivity
b) resistivity
c) variation
d) costivity
36. The difference between actual cost of the project with the targeted cost is called
a) loss
c) variance
b) profit
d) all of the above
37. Find the direct wage rate variance if the actual working hours are 8, If the actual and standard working rate is 15 & 12 per hour respectively.
a) 24
b) 96
c) 120
d) 35
38. For the selection of any project the NPV should be
a) zero
b) less than 0
c) both (a) and (b) above
d) none of the above
39. MARR (Marginal Annual Rate of Return) is
a) benefit coming before investment
b) benefit coming after investment
c) neither benefit nor loss
d) all of the above
40.The numerical value of MARR is
a) equal to IRR
b) less than IRR
c) greater than IRR
d) all of the above
41. The difference of discounted benefit and cost is called
a) NPV
b) PV
c) benefit
d) all of the above
42. For Rs 500/-, what is the amount for 2014 AD if discounted rate 10% is
a) Rs. 275
b) Rs. 375
c) Rs. 425
d) Rs. 500
43. Find the future value of an amount deposited in banks for five years having Rs. 500. It has an annual compound interest rate of 10%.
a) Rs. 755.28
b) Rs.805.25
c) Rs.855.25
d) Rs.905.25
44. Find the present value of an amount Rs. 600, if annual interest rate is 10% and number of year is 5.
a) Rs.272.55
b) Rs.322.55
c) Rs.372.55
d) Rs.422.55
45. Assume a deposit of Rs. 200 is placed on a saving account atthe end of each year for 10 years. Annual interest is 8%. Findthe future value of an annuity.
a) Rs.2597
b) Rs.2697
c) Rs.2797
d) Rs.2897
46. Assume a deposit of Rs. 200 is placed on a saving account atthe end of each year for 10 years. Annual interest rate is 8%.Find the present value of annuity.
a) Rs.1342
b) Rs.1242
c) Rs.1142
d) Rs.1042
47. Find the annuity for getting 10,000 after the end of 10 years. If the annual interest rate is 12%.
a) Rs.569
b) Rs.579
c) Rs.589
d) Rs.599
48. Find the annuity for getting 10,000 at the beginning of year at a interest rate of 12% for 12 years.
a) Rs.1600
b) Rs.1614
c) Rs.1628
d) Rs.1656
49. Find the NPV if initial investment 5,000, Benefit for three years = 3000 per year and discount rate = 9%.
a) Rs.2180
b) Rs.2380
c) Rs.2580
d) Rs.2780
50. According to law of demand, if the price of goods increases then the demand of articles
a) increases
b) decreases
c) constant d) all of the above