| 301. |
What is the name for a webpage address? |
| A. | domain |
| B. | directory |
| C. | protocol |
| D. | url |
| Answer» D. url | |
| 302. |
Which of the following domains is used for - profit businesses? |
| A. | .org |
| B. | .net |
| C. | .edu |
| D. | .com |
| Answer» D. .com | |
| 303. |
What is the full form of USB as used in computer related activities? |
| A. | ultra security block |
| B. | universal security block |
| C. | universal serial bus |
| D. | united serial bus |
| Answer» C. universal serial bus | |
| 304. |
Which of the following represents billion characters? |
| A. | terabytes |
| B. | megabytes |
| C. | kilobytes |
| D. | gigabytes |
| Answer» D. gigabytes | |
| 305. |
Who among the following had established UIDAI by passing Aadhaar Act, 2016 |
| A. | state government |
| B. | government of india |
| C. | registrars |
| D. | enrolment agency |
| Answer» B. government of india | |
| 306. |
When was UIDAI established as Statutory Authority under Ministry of Electronics and I.T ? |
| A. | 28th january, 2009 |
| B. | 29th september, 2010 |
| C. | 12th september, 2015 |
| D. | 12th july, 2016 |
| Answer» D. 12th july, 2016 | |
| 307. |
Which organisation is responsible for issuing UID? |
| A. | election commission |
| B. | planning commission |
| C. | meity |
| D. | uidai |
| Answer» D. uidai | |
| 308. |
Why was UIDAI created ? |
| A. | to provide robust technology to eliminate duplicate and fake identities, and |
| B. | to provide identity that can be verified and authenticated in an easy, cost effective way |
| C. | to make another identification document |
| D. | both 1 & 2 |
| Answer» D. both 1 & 2 | |
| 309. |
When was the Aadhaar Enrolment /Update Regulation 2016 published in official gazettee |
| A. | 28th january, 2009 |
| B. | 29th september, 2010 |
| C. | 12th july, 2016 |
| D. | 12th september 2017 |
| Answer» D. 12th september 2017 | |
| 310. |
What is the process of capturing resident data both Demographic and Biometric for generation of Aadhaar called? |
| A. | authentication |
| B. | enrolment |
| C. | identification |
| D. | presentatio n |
| Answer» B. enrolment | |
| 311. |
_____ is any entity authorised or recognised by the Authority for the purpose of enrolling individuals through Enrolment Agency. |
| A. | introducer |
| B. | enrolling agency |
| C. | agency |
| D. | registrar |
| Answer» D. registrar | |
| 312. |
_____ is any entity engaged by the Registrar for the purpose of enrolling individuals. |
| A. | introducer |
| B. | enrolment agency |
| C. | supervisor/oper ator |
| D. | registrar |
| Answer» B. enrolment agency | |
| 313. |
The Verifier/Certifier is the personnel appointed by ________ for verification of documents at enrolment centres. |
| A. | operator |
| B. | introducer |
| C. | registrars |
| D. | enrolling agency |
| Answer» C. registrars | |
| 314. |
_________is the place where the Aadhaar Enrolment/Update is conducted by Certified Operator/Supervisor |
| A. | enrolment center |
| B. | exam center |
| C. | hospital |
| D. | school |
| Answer» A. enrolment center | |
| 315. |
__________ is a certified personnel employed by Enrolment Agencies to execute the process of enrolment /update at the enrolment centers |
| A. | enrolment operator |
| B. | enrolment supervisor |
| C. | introducer |
| D. | both 1 & 2 |
| Answer» B. enrolment supervisor | |
| 316. |
Who among the following ensures that only trained and certified persons handle the enrolment/update process? |
| A. | uidai |
| B. | operator |
| C. | supervisor |
| D. | enrolment agency |
| Answer» D. enrolment agency | |
| 317. |
_____________is responsible to conduct the Certification exam for the role of Operator/Supervisor |
| A. | introducer |
| B. | enrolment agency |
| C. | testing and certification agency |
| D. | registrar |
| Answer» C. testing and certification agency | |
| 318. |
_______ is a person registered with the Registrar and Authority who confirms the identity of a person who does not have any valid POI and POA. |
| A. | operator |
| B. | introducer |
| C. | enrolling agency |
| D. | agency |
| Answer» B. introducer | |
| 319. |
Enrolment Identification Number (EID) is ___-digit number allocated to residents at the time of enrolment. |
| A. | 10 |
| B. | 12 |
| C. | 15 |
| D. | 28 |
| Answer» D. 28 | |
| 320. |
Resident is an individual who has resided in India for a period or periods amounting in all to ___ days or more in the twelve months immediately preceding the date of application for Aadhaar Enrolment/Update. |
| A. | 32 |
| B. | 61 |
| C. | 123 |
| D. | 182 |
| Answer» D. 182 | |
| 321. |
Which of the following contact numbers can a resident call for resolutions to their concerns or grievances related to Aadhaar? |
| A. | 1947 |
| B. | 2009 |
| C. | 140 |
| D. | 108 |
| Answer» A. 1947 | |
| 322. |
Aadhaar uses which of the given to uniquely identify the resident? |
| A. | name and address of the resident |
| B. | fingerprints |
| C. | iris |
| D. | both 2 & 3 |
| Answer» D. both 2 & 3 | |
| 323. |
____________ is a document to convey the Aadhaar number to a resident. |
| A. | aadhaar letter |
| B. | cidr |
| C. | uid |
| D. | aadhaar number |
| Answer» A. aadhaar letter | |
| 324. |
Record date of birth of the resident, indicating day, month, and ___________ in the relevant field. |
| A. | initial |
| B. | surname |
| C. | year |
| D. | name |
| Answer» C. year | |
| 325. |
____________ has to be recorded by the Enrolment Agency as declared by the enrollee in the box provided by recording Male, Female or Transgender. |
| A. | date of birth |
| B. | gender |
| C. | residential address |
| D. | fingerprint |
| Answer» B. gender | |
| 326. |
Which of the following is used to retrieve pre-enrolment data ? |
| A. | pre-enrolment id |
| B. | one time password |
| C. | resident's name |
| D. | aadhaar id |
| Answer» A. pre-enrolment id | |
| 327. |
The factors of time and __________are the defining aspects of any engineering economic decisions |
| A. | uncertainty |
| B. | certainty |
| Answer» A. uncertainty | |
| 328. |
Economic decisions differ in a fundamental way from the types of decisions typically encountered in engineering design. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 329. |
ENGINEERING ECONOMICS INVOLVES |
| A. | formulating |
| B. | estimating |
| C. | evaluating economic outcomes |
| D. | all |
| Answer» D. all | |
| 330. |
The factors of time and uncertainty are the defining aspects of any engineering economic decisions |
| A. | true |
| B. | false |
| Answer» A. true | |
| 331. |
An instant dollar is worth more than a distant dollar |
| A. | true |
| B. | false |
| Answer» A. true | |
| 332. |
engineering economic decision refers to all investment decisions relating to engineering projects. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 333. |
engineering economic decision is the evaluation of costs and benef associated with making a capital investment. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 334. |
Engineering economics is needed for many kinds of decision making |
| A. | true |
| B. | false |
| Answer» A. true | |
| 335. |
The factors of ___________and uncertainty are the defining aspects of any engineering economic decisions |
| A. | time |
| B. | investment |
| Answer» A. time | |
| 336. |
Additional risk is not taken without an expected additional return of suitable magnitude |
| A. | true |
| B. | false |
| Answer» A. true | |
| 337. |
Money has a time value because it can earn more money over time (earning power). |
| A. | true |
| B. | false |
| Answer» A. true | |
| 338. |
F dollars at the end of period N is equal to a single sum P dollars now, if your earning power is measured in terms of interest rate i. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 339. |
Initial amount of money in transactions involving debt or investments is called the principal (P). |
| A. | true |
| B. | false |
| Answer» A. true | |
| 340. |
engineering economic decision is the evaluation of costs and benef associated with making a capital ______________. |
| A. | expenditure |
| B. | investment. |
| Answer» B. investment. | |
| 341. |
Initial amount of money in transactions involving debt or investments is called _________ |
| A. | interest |
| B. | principal |
| Answer» B. principal | |
| 342. |
How many years would it take an investment to double at 10% annual interest? |
| A. | 7.27 years |
| B. | 8 years |
| C. | 9 years |
| Answer» A. 7.27 years | |
| 343. |
Marginal revenue must exceed marginal cost, in order to carry out a profitable increase of operations |
| A. | true |
| B. | false |
| Answer» A. true | |
| 344. |
A plan for receipts or disbursements (An) that yields a particular cash flow pattern over a specified length of time is called monthly equal payment |
| A. | true |
| B. | false |
| Answer» A. true | |
| 345. |
At 8% interest, what is the equivalent worth of $2,042 after 5 years from now? |
| A. | 5000 |
| B. | 4000 |
| C. | 2000 |
| D. | 3000 |
| Answer» D. 3000 | |
| 346. |
If you had $2,000 now and invested it at 10%, how much would it be worth in 8 years? |
| A. | 4200 |
| B. | 4287 |
| C. | 5000 |
| Answer» B. 4287 | |
| 347. |
Money has a time value because its purchasing power changes over time (inflation). |
| A. | true |
| B. | false |
| Answer» A. true | |
| 348. |
Interest is the cost of moneyas a cost to the borrower and an earning to the lender |
| A. | true |
| B. | false |
| Answer» A. true | |
| 349. |
Cash Flow is the movement of money (in or out) of a project |
| A. | true |
| B. | false |
| Answer» A. true | |
| 350. |
the practice of charging an interest rate to an initial sum and to any previously accumulated interest that has not been withdrawn. |
| A. | compound interest |
| B. | simple interest |
| Answer» A. compound interest | |
| 351. |
Given P = $1,000 , i = 8% and N = 3 years calculate future value using Compound interest |
| A. | 1200 |
| B. | 1259.71 |
| Answer» B. 1259.71 | |
| 352. |
Calculate future value on the principal amount of Rs. 2000 at the interest rate of 6% for the period of 5 years using simple interest |
| A. | 1200 |
| B. | 1259.71 |
| C. | 2600 |
| D. | none |
| Answer» C. 2600 | |
| 353. |
If you deposit $100 now (n = 0) and $200 two years from now (n = 2) in a savings account that pays 10% interest, how much would you have at the end of year 10? |
| A. | 900 |
| B. | 688 |
| C. | 500 |
| D. | none |
| Answer» B. 688 | |
| 354. |
Economic equivalence refers to the fact that a cash flow-whether a single payment or a series of payments-can be converted to an equivalent cash flow at any point in time. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 355. |
If you deposit P dollars today for N periods at i, you will have F dollars at the end of period N. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 356. |
You want to set aside a lump sum amount today in a savings account that earns 7% annual interest to meet a future expense in the amount of $10,000 to be incurred in 6 years. How much do you need to deposit today? |
| A. | 5000 |
| B. | 6663 |
| C. | 8000 |
| Answer» B. 6663 | |
| 357. |
A fund accumulated by periodic deposits and reserved exclusively for a specific purpose, such as retirement of a debt |
| A. | sinking fund |
| B. | principal |
| C. | interest |
| Answer» A. sinking fund | |
| 358. |
A fund created by making periodic deposits (usually equal) at compound interest in order to accumulate a given sum at a given future time for some specific purpose is sinking fund |
| A. | true |
| B. | false |
| Answer» A. true | |
| 359. |
the practice of charging an interest rate only to an initial sum (principal amount) is _______ |
| A. | compound interest |
| B. | simple interest |
| Answer» B. simple interest | |
| 360. |
Given: F = $100,000, N = 8 years, and i = 7% Find: A |
| A. | 9999 |
| B. | 9746.78 |
| C. | 9700 |
| Answer» B. 9746.78 | |
| 361. |
Suppose that you invest $1 for 1 year at 18% compounded monthly. How much interest would you earn? |
| A. | 19.56 % compounded annually |
| B. | 18.56 % compounded annually |
| C. | 20.56 % compounded annually |
| Answer» A. 19.56 % compounded annually | |
| 362. |
Given: F = $5,000, N = 5 years, and i = 7% , Find: A |
| A. | 9999 |
| B. | 9746.78 |
| C. | 9700 |
| D. | 869.7 |
| Answer» D. 869.7 | |
| 363. |
Effective Interest Rate is Actual interest earned or paid in a year or some other time period |
| A. | true |
| B. | false |
| Answer» A. true | |
| 364. |
Suppose that you invest $1 for 1 year at 18% compounded monthly. How much interest would you earn? |
| A. | 19.56 % compounded annually |
| B. | 18% compounded monthly |
| C. | 1.5% per month for 12 months |
| D. | all true |
| Answer» D. all true | |
| 365. |
Nominal Interest Rate is Interest rate quoted based on an annual period |
| A. | true |
| B. | false |
| Answer» A. true | |
| 366. |
The annual equivalent worth (AE) criterion provides a basis for measuring investment worth by determining equal payments on an annual basis. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 367. |
When only costs are involved, the AE method is sometimes called the annual equivalent cost method. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 368. |
In AE analysis revenues must cover two kinds of costs:– Operating costs and Capital recovery costs |
| A. | true |
| B. | false |
| Answer» A. true | |
| 369. |
Operating costs are incurred by the operation of physical plants or equipment needed to provide service |
| A. | true |
| B. | false |
| Answer» A. true | |
| 370. |
Capital recovery costs are incurred by purchasing assets to be used in production and service. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 371. |
_______________ are incurred by purchasing assets to be used in production and service. |
| A. | operating costs |
| B. | capital recovery costs |
| Answer» B. capital recovery costs | |
| 372. |
____________ are incurred by the operation of physical plants or equipment needed to provide service |
| A. | operating costs |
| B. | capital recovery costs |
| Answer» A. operating costs | |
| 373. |
Consider a machine that costs $20,000 and has a five-year useful life.At the end of the five years, it can be sold for $4,000 after all tax adjustments have been factored in. If the firm could earn an after-tax revenue of $4,400 per year with this machine, should it be purchased at an interest rate of 10%? (All benefits and costs associated with the machine are accounted for in these figures.) |
| A. | -220.76 |
| B. | -200 |
| C. | -240 |
| Answer» A. -220.76 | |
| 374. |
Inflation is a loss in the purchasing power of money over time. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 375. |
____________ is a loss in the purchasing power of money over time. |
| A. | inflation |
| B. | deflation |
| Answer» A. inflation | |
| 376. |
The same dollar amount buys less of an item over time is ____________ |
| A. | inflation |
| B. | deflation |
| Answer» A. inflation | |
| 377. |
Consumer Price Index (CPI) Measures prices of typical purchases made by consumers, based on a typical market basket of goods and services required by average consumers |
| A. | true |
| B. | false |
| Answer» A. true | |
| 378. |
CPI does not take into the account the price of raw material, finished product and operating cost |
| A. | true |
| B. | false |
| Answer» A. true | |
| 379. |
PPI measures average change over a time in selling prices by domestic producers of goods and services. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 380. |
Inflation rate is defined as the rate at which the cost general level of goods and services increases resulting in decreases of purchasing power of goods and services. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 381. |
_________ rate is defined as the rate at which the cost general level of goods and services increases resulting in decreases of purchasing power of goods and services. |
| A. | deflation |
| B. | inflation |
| Answer» B. inflation | |
| 382. |
Actual (current) dollars (An)is the dollar value that is “influenced” by inflation. |
| A. | true |
| B. | false |
| Answer» A. true | |
| 383. |
Actual (current) dollars (An)is the dollar value that is “influenced” by _____________. |
| A. | deflation |
| B. | inflation |
| Answer» B. inflation | |
| 384. |
____ dollars is the dollar value that is “influenced” by inflation. |
| A. | actual |
| B. | constant |
| Answer» A. actual | |
| 385. |
Constant (real) dollars reflect constant purchasing power independent of the passage of time |
| A. | true |
| B. | false |
| Answer» A. true | |
| 386. |
The current gasoline price is $4.15, and it is projected to increase next year by 5%, and 8% the following year, and -3% the third year. What is the average inflation rate for the projected gasoline price for the next 3 years? |
| A. | 0.0323 |
| B. | 0.0333 |
| C. | 0.0533 |
| D. | 0.03 |
| Answer» A. 0.0323 | |
| 387. |
If the inflation rate is 6% per year and the market interest rate is known to be 15% per year. What is the implied real interest rate in this inflationary economy? |
| A. | 0.1145 |
| B. | 0.09 |
| C. | 0.08 |
| D. | 0.0849 |
| Answer» D. 0.0849 | |
| 388. |
If you experience a 6 % annual inflation, how long does it take to see the purchasing power being reduced in half? |
| A. | 13 years |
| B. | 10 years |
| C. | 12 years |
| D. | 11years |
| Answer» C. 12 years | |
| 389. |
The CPI for 2000 was 171.2 and the projected CPI for 2008 is 220. What is the general inflation rate over the last 8 years? |
| A. | 0.0365 |
| B. | 0.061 |
| C. | 0.0318 |
| D. | 0.0283 |
| Answer» C. 0.0318 | |
| 390. |
The average starting salary for engineers for 2008 is $53,000. What is the equivalent salary in terms of purchasing power of 2000? Assume that the general inflation rate over the last 8 years is known to be 4%. |
| A. | 34980 |
| B. | 38727 |
| C. | 72534 |
| D. | 40276 |
| Answer» C. 72534 | |
| 391. |
You are considering purchasing a $1,000 bond with a coupon rate of 9.5%, interest payable annually. If the current inflation rate is 4% per year, which will continue in the foreseeable future, what would be the real rate of return if you sold the bond at $1,080 after 2 years? |
| A. | about 9.5% |
| B. | about 13.26% |
| C. | about 9.26% |
| D. | about 8.9% |
| Answer» D. about 8.9% | |
| 392. |
You are purchasing an automobile priced at $20,000 by borrowing at 12% interest compounded monthly. The loan will be repaid in monthly installments for five years. What is the constant dollar value (value at the time of financing) of the 36th payment of this loan, if the general inflation rate is 5% compounded monthly? |
| A. | 361.91 |
| B. | 383.66 |
| C. | 444.89 |
| D. | 396.02 |
| Answer» B. 383.66 | |
| 393. |
A couple wants to save for their daughter’s college expenses. The daughter will enter college 8 years from now and she will need $40,000, $41,000, $42,000, and $43,000 in actual dollars for 4 school years. Assume that these college payments will be made at the beginning of the school year. The future general inflation rate is estimated to be 6% per year and the annual inflation-free interest rate is 5%. What is the equal amount, in actual dollars, the couple must save each year until their daughter goes to college (for 8 years)? |
| A. | 11945 |
| B. | 11838 |
| C. | 12538 |
| D. | 12142 |
| Answer» B. 11838 | |
| 394. |
An investment project costs P. It is expected to have an annual net cash flow of 0.125P for 20 years. What is the project’s payback period? |
| A. | 6 years |
| B. | 0 year |
| C. | 11 year |
| D. | 8 year |
| Answer» D. 8 year | |
| 395. |
Which of the following statements is incorrect? |
| A. | the simplicity of the payback period method is one of its most appealing qualities even though it fails to measure project profitability. |
| B. | if two investors are considering the same project, the payback period will be longer for the investor with the higher marr. |
| C. | considering the cost of funds in a payback calculation is equivalent to finding the time period when the project balance becomes zero. |
| D. | if you were to consider the cost of funds in a payback period calculation, you would have to wait longer to breakeven as you increase the interest rate. |
| Answer» B. if two investors are considering the same project, the payback period will be longer for the investor with the higher marr. | |
| 396. |
Find the net present worth of the following cash flow series at an interest rate of 10% |
| A. | $550 < pw(10%) ≤ $600 |
| B. | $600 < pw(10%) ≤ $650 |
| C. | $500 < pw(10%) ≤ $550 |
| D. | $650 < pw(10%) ≤ $700 |
| Answer» B. $600 < pw(10%) ≤ $650 | |
| 397. |
You are considering buying an old house that you will convert into an office building for rental. Assuming that you will own the property for 10 years, how much would you be willing to pay for the old house now given the following financial data? |
| A. | 250100 |
| B. | 232316 |
| C. | 201205 |
| D. | 218420 |
| Answer» D. 218420 | |
| 398. |
Your R&D group has developed and tested a computer software package that assists engineers to control the proper chemical mix for the various process manufacturing industries. If you decide to market the software, your first year operating net cash flow is estimated to be $1,000,000. Because of market competition, product life will be about 4 years, and the product’s market share will decrease by 25% each year over the previous year’s share. You are approached by a big software house which wants to purchase the right to manufacture and distribute the product. Assuming that your interest rate is 15%, for what minimum price would you be willing to sell the software? |
| A. | 2887776 |
| B. | 2766344 |
| C. | 2047734 |
| D. | 2507621 |
| Answer» C. 2047734 | |
| 399. |
Find the capitalized equivalent worth for the project cash flow series at an interest rate of 10%. |
| A. | ce(10%) ⇓ = ⇓ $1,753 |
| B. | ce(10%) ⇓ = ⇓ $1,548 |
| C. | ce(10%) ⇓ = ⇓ $1,500 |
| D. | ce(10%) ⇓ = ⇓ $1,476 |
| Answer» B. ce(10%) ⇓ = ⇓ $1,548 | |
| 400. |
The following table contains a summary of how a project’s balance is expected to change over its 5 year service life at 10% interest.:Which of the following statements is incorrect? |
| A. | the net present worth of the project at 10% interest is $1,242 |
| B. | the required additional investment at the end of period 1 is $500 |
| C. | the net future of the project at 10% interest is $2,000 |
| D. | within 2 years, the company will recover all its investments and the cost of funds (interest) from the project |
| Answer» B. the required additional investment at the end of period 1 is $500 | |