πŸ“Š Industrial Engineering
Q. Which of the following properties is not subjected to depreciation?
  • (A) Land
  • (B) Automotive equipment
  • (C) Buildings
  • (D) Manufacturing machinery
πŸ’¬ Discuss
βœ… Correct Answer: (A) Land
πŸ“Š Industrial Engineering
Q. Flatted roof buildings are preferred for
  • (A) electronic industries
  • (B) foundries
  • (C) automobiles assembly lines
  • (D) rolling mills
πŸ’¬ Discuss
βœ… Correct Answer: (A) electronic industries
πŸ“Š Industrial Engineering
Q. Escrow means
  • (A) A property held by a third person forcing the creditors to fulfil the obligation of the creditor
  • (B) A property attached by the court order
  • (C) A property lost in transit or fire for which claim from insurance company is due
  • (D) Goodwill earned by a company
πŸ’¬ Discuss
βœ… Correct Answer: (A) A property held by a third person forcing the creditors to fulfil the obligation of the creditor
πŸ“Š Industrial Engineering
Q. If the average interest rate is 12% and depreciation is to be accounted for by straight line method at 10%, which of the following equipment will be most economical?
  • (A) Initial cost Rs. 4000 Annual disbursements Rs. 6000
  • (B) Initial cost Rs. 5500 Annual disbursements Rs. 4000
  • (C) Initial cost Rs. 6000 Annual disbursements Rs. 3880
  • (D) Initial cost Rs. 7000 Annual disbursements Rs. 2500
πŸ’¬ Discuss
βœ… Correct Answer: (D) Initial cost Rs. 7000 Annual disbursements Rs. 2500
πŸ“Š Industrial Engineering
Q. Which one of the following is not an incentive plan?
  • (A) Straight piece work with guaranteed base
  • (B) Straight salary
  • (C) Straight piece work
  • (D) Halsey 50-50 plan
πŸ’¬ Discuss
βœ… Correct Answer: (B) Straight salary
πŸ“Š Industrial Engineering
Q. Which one of the following industries is least affected by the business cycle?
  • (A) Construction industry
  • (B) Food processing
  • (C) Ship building
  • (D) Iron and steel
πŸ’¬ Discuss
βœ… Correct Answer: (B) Food processing
πŸ“Š Industrial Engineering
Q. If a reduction in prices increases revenue, then the demand curve is said to be
  • (A) Either elastic or inelastic
  • (B) Elastic
  • (C) Inelastic
  • (D) Not determinable from given data
πŸ’¬ Discuss
βœ… Correct Answer: (B) Elastic
πŸ“Š Industrial Engineering
Q. Choose the correct statement.
  • (A) CPM and PERT are event oriented techniques
  • (B) CPM and PERT are activity oriented techniques
  • (C) CPM is an activity oriented technique while PERT is an event oriented technique
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (C) CPM is an activity oriented technique while PERT is an event oriented technique
πŸ“Š Industrial Engineering
Q. The substitution effect works to encourage a consumer to purchase more of as product when the price of tha good is falling because
  • (A) The consumer's real income has increased
  • (B) The consumer's real income has decreased
  • (C) The product is now less expensive than before
  • (D) Other products are now less expensive than before
πŸ’¬ Discuss
βœ… Correct Answer: (C) The product is now less expensive than before

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