Question: Which of the following rock favors petroleum formation?

• 1. Sedimentary rock
• 2. Igneous rock
• 3. Metamorphic rock
• 4. None of these

Question: Which of the following is a type of sedimentary rock?

• 1. Organic rock
• 2. Chemical rock
• 3. Clastic rock
• 4. All of the above

Question: Which of the following elements is not included in the scope of market analysis ?

• 1. Competition from other manufactures
• 2. Product distribution
• 3. Opportunities
• 4. Economics

Question: Equipment installation cost in a chemical process plant ranges from _______________ percent of the purchased equipment cost ?

• 1. 10 to 20
• 2. 35 to 45
• 3. 55 to 65
• 4. 70 to 80

Question: If the interest rate of 10% per period is compounded half yearly, the actual annual return on the principal will be ______________ percent ?

• 1. 10
• 2. 20
• 3. > 20
• 4. < 20

Question: The depreciation during the year ‘n’, in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage ‘N’ to the ?

• 1. Initial cost
• 2. Book value at the end of (n – 1)th year
• 3. Depreciation during the (n – 1)th year
• 4. Difference between initial cost and salvage value

Question: Utilities cost in the operation of chemical process plant comes under the ?

• 1. Plant overhead cost
• 2. Fixed charges
• 3. Direct production cost
• 4. General expenses

Question: An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term.

• 1. Manufacturing cost
• 2. Depreciation by sinking fund method
• 3. Discrete compound interest
• 4. Cash ratio

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 ?

• 1. Decreases
• 2. Increases
• 3. Increases linearly
• 4. Remain constant

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) ?

• 1. p.i.n.
• 2. p(1 + i.n)
• 3. p(1 + i)n
• 4. p(1 – i.n)