570+ Information systems and engineering economics Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Computer Science Engineering (CSE) .

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301.	Which organisation is responsible for issuing UID?
A.	election commission
B.	planning commission
C.	meity
D.	uidai
Answer» D. uidai

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302.	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

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303.	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

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304.	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

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305.	_____ 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

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306.	_____ 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

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307.	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

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308.	_________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

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309.	__________ 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

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310.	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

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311.	_____________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

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312.	_______ 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

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313.	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

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314.	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

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315.	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

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316.	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

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317.	____________ 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

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318.	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

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319.	____________ 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

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320.	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

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321.	The factors of time and __________are the defining aspects of any engineering economic decisions
A.	uncertainty
B.	certainty
Answer» A. uncertainty

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322.	Economic decisions differ in a fundamental way from the types of decisions typically encountered in engineering design.
A.	true
B.	false
Answer» A. true

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323.	ENGINEERING ECONOMICS INVOLVES
A.	formulating
B.	estimating
C.	evaluating economic outcomes
D.	all
Answer» D. all

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324.	The factors of time and uncertainty are the defining aspects of any engineering economic decisions
A.	true
B.	false
Answer» A. true

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325.	An instant dollar is worth more than a distant dollar
A.	true
B.	false
Answer» A. true

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326.	engineering economic decision refers to all investment decisions relating to engineering projects.
A.	true
B.	false
Answer» A. true

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327.	engineering economic decision is the evaluation of costs and benef associated with making a capital investment.
A.	true
B.	false
Answer» A. true

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328.	Engineering economics is needed for many kinds of decision making
A.	true
B.	false
Answer» A. true

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329.	The factors of ___________and uncertainty are the defining aspects of any engineering economic decisions
A.	time
B.	investment
Answer» A. time

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330.	Additional risk is not taken without an expected additional return of suitable magnitude
A.	true
B.	false
Answer» A. true

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331.	Money has a time value because it can earn more money over time (earning power).
A.	true
B.	false
Answer» A. true

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332.	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

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333.	Initial amount of money in transactions involving debt or investments is called the principal (P).
A.	true
B.	false
Answer» A. true

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334.	engineering economic decision is the evaluation of costs and benef associated with making a capital ______________.
A.	expenditure
B.	investment.
Answer» B. investment.

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335.	Initial amount of money in transactions involving debt or investments is called _________
A.	interest
B.	principal
Answer» B. principal

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336.	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

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337.	Marginal revenue must exceed marginal cost, in order to carry out a profitable increase of operations
A.	true
B.	false
Answer» A. true

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338.	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

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339.	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

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340.	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

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341.	Money has a time value because its purchasing power changes over time (inflation).
A.	true
B.	false
Answer» A. true

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342.	Interest is the cost of moneyas a cost to the borrower and an earning to the lender
A.	true
B.	false
Answer» A. true

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343.	Cash Flow is the movement of money (in or out) of a project
A.	true
B.	false
Answer» A. true

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344.	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

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345.	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

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346.	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

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347.	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

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348.	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

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349.	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

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350.	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

discuss

570+ Information systems and engineering economics Solved MCQs

Which organisation is responsible for issuing UID?

Why was UIDAI created ?

When was the Aadhaar Enrolment /Update Regulation 2016 published in official gazettee

What is the process of capturing resident data both Demographic and Biometric for generation of Aadhaar called?

_____ is any entity authorised or recognised by the Authority for the purpose of enrolling individuals through Enrolment Agency.

_____ is any entity engaged by the Registrar for the purpose of enrolling individuals.

The Verifier/Certifier is the personnel appointed by ________ for verification of documents at enrolment centres.

_________is the place where the Aadhaar Enrolment/Update is conducted by Certified Operator/Supervisor

__________ is a certified personnel employed by Enrolment Agencies to execute the process of enrolment /update at the enrolment centers

Who among the following ensures that only trained and certified persons handle the enrolment/update process?

_____________is responsible to conduct the Certification exam for the role of Operator/Supervisor

_______ 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.

Enrolment Identification Number (EID) is ___-digit number allocated to residents at the time of enrolment.

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.

Which of the following contact numbers can a resident call for resolutions to their concerns or grievances related to Aadhaar?

Aadhaar uses which of the given to uniquely identify the resident?

____________ is a document to convey the Aadhaar number to a resident.

Record date of birth of the resident, indicating day, month, and ___________ in the relevant field.

____________ has to be recorded by the Enrolment Agency as declared by the enrollee in the box provided by recording Male, Female or Transgender.

Which of the following is used to retrieve pre-enrolment data ?

The factors of time and __________are the defining aspects of any engineering economic decisions

Economic decisions differ in a fundamental way from the types of decisions typically encountered in engineering design.

ENGINEERING ECONOMICS INVOLVES

The factors of time and uncertainty are the defining aspects of any engineering economic decisions

An instant dollar is worth more than a distant dollar

engineering economic decision refers to all investment decisions relating to engineering projects.

engineering economic decision is the evaluation of costs and benef associated with making a capital investment.

Engineering economics is needed for many kinds of decision making

The factors of ___________and uncertainty are the defining aspects of any engineering economic decisions

Additional risk is not taken without an expected additional return of suitable magnitude

Money has a time value because it can earn more money over time (earning power).

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.

Initial amount of money in transactions involving debt or investments is called the principal (P).

engineering economic decision is the evaluation of costs and benef associated with making a capital ______________.

Initial amount of money in transactions involving debt or investments is called _________

How many years would it take an investment to double at 10% annual interest?

Marginal revenue must exceed marginal cost, in order to carry out a profitable increase of operations

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

At 8% interest, what is the equivalent worth of $2,042 after 5 years from now?

If you had $2,000 now and invested it at 10%, how much would it be worth in 8 years?

Money has a time value because its purchasing power changes over time (inflation).

Interest is the cost of moneyas a cost to the borrower and an earning to the lender

Cash Flow is the movement of money (in or out) of a project

the practice of charging an interest rate to an initial sum and to any previously accumulated interest that has not been withdrawn.

Given P = $1,000 , i = 8% and N = 3 years calculate future value using Compound interest

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

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?

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.

If you deposit P dollars today for N periods at i, you will have F dollars at the end of period N.

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?