Chemical Engineering Plant Economics MCQs with answers Page - 6

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A

Admin • 802.91K Points
Coach

Q. Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment.

  • (A) 4
  • (B) 13
  • (C) 22
  • (D) 34

A

Admin • 802.91K Points
Coach

Q. Which of the following is not a component of the fixed capital for a chemical plant facility?

  • (A) Raw materials inventory
  • (B) Utilities plants
  • (C) Process equipment
  • (D) Emergency facilities

A

Admin • 802.91K Points
Coach

Q. Which of the following is not a component of the working capital for a chemical process plant?

  • (A) Product inventory
  • (B) In-process inventory
  • (C) Minimum cash reserve
  • (D) Storage facilities

A

Admin • 802.91K Points
Coach

Q. Optimum economic pipe diameter for fluid is determined by the

  • (A) Viscosity of the fluid
  • (B) Density of the fluid
  • (C) Total cost considerations (pumping cost plus fixed cost of the pipe)
  • (D) None of these

A

Admin • 802.91K Points
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Q. In which of the electric power generation system, the operating cost is minimum?

  • (A) Thermal
  • (B) Nuclear
  • (C) Hydroelectric
  • (D) Fast breeder reactor

A

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Coach

Q. Nominal and effective interest rates are equal, when the interest is compounded

  • (A) Quarterly
  • (B) Semi-annually
  • (C) Annually
  • (D) In no case, they are equal

A

Admin • 802.91K Points
Coach

Q. Which of the following is the cheaptest material of construction for the storage of sodium hydroxide upto a concentration of 75%?

  • (A) Stainless steel
  • (B) Plain carbon steel
  • (C) Nickel
  • (D) Copper

A

Admin • 802.91K Points
Coach

Q. Out of the following, the depreciation calculated by the __________ method is the maximum.

  • (A) Diminishing balance
  • (B) Straight line
  • (C) Sum of the years digit
  • (D) Sinking fund

A

Admin • 802.91K Points
Coach

Q. Depreciation is __________ in profit with time.

  • (A) Decrease
  • (B) Increase
  • (C) No change
  • (D) None of these

A

Admin • 802.91K Points
Coach

Q. Following the six-tenth factor rule, if a log-log plot of capacity of the equipment vs. cost of the equipment is made, then a straight line is obtained, whose slope is equal to

  • (A) 0.1
  • (B) 0.2
  • (C) 0.6
  • (D) 0.8

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