Construction Management (2180611) MCQs

MCQs of Construction economics

Showing 1 to 10 out of 15 Questions
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1.
In which situations does the economic decision making is required?
(a) Comparison of Design
(b) Design for Economy in production
(c) Economy and size
(d) All of the above
Answer:

Option (d)

2.
Which of these is not a method of economic decision making?
(a) Total cost method
(b) Our-of-pocket commitment
(c) Payback period
(d) Average annual rate of return
Answer:

Option (a)

3.
What would be the payback period of excavator generating annual return of Rs. 70000 and initial cost Rs. 350000 and service life 7 years?
(a) 2 Years
(b) 3 Years
(c) 4 Years
(d) 5 Years
Answer:

Option (d)

4.
Out-of-pocket commitment of Option A is Rs. 1000000 and Option B is 1050000. Which option is beneficial?
(a) Option A
(b) Option B
(c) Both A & B
(d) None of the above
Answer:

Option (a)

5.
Average annual rate of return of equipment X and equipment Y is 12% and 14% respectively. Which equipment will be more profitable to purchase?
(a) Equipment X
(b) Equipment Y
(c) Both X and Y
(d) Renting of X
Answer:

Option (b)

6.
What will be the future value of Rs. 100 after 3 years at interest rate 10%?
(a) 103.30
(b) 130.10
(c) 133.10
(d) 110.30
Answer:

Option (c)

7.
Hiren wants to purchase bike worth Rs. 150000 after 5 years, How much should he invest now if the interest rate is 10% to get this amount?
(a) 85210
(b) 90520
(c) 83150
(d) 93170
Answer:

Option (d)

8.
Which details are required to draw project cash flow diagram?
(a) Gross bill value
(b) Measurement period
(c) Retention money
(d) All of the above
Answer:

Option (d)

9.
Which factor does not affect project cash flow diagram?
(a) Margin
(b) Material Quality
(c) Certification Period
(d) Mobilization Advance
Answer:

Option (b)

10.
Which of these is not a method of evaluation of alternative by equivalence?
(a) Present worth comparison
(b) Future worth comparison
(c) Minimum worth comparison
(d) Rate of return method
Answer:

Option (c)

Showing 1 to 10 out of 15 Questions
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