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Engineering Economics MCQ Questions & Answers | Civil Engineering

Learn Engineering Economics MCQ questions & answers are available for a Civil Engineering students to clear GATE exams, various technical interview, competitive examination, and another entrance exam. Engineering Economics MCQ question is the important chapter for a Civil Engineering and GATE students. Page-5 section-3

Each section contains 100 MCQs on Engineering Economics .
41
Mandarin Bank advertises 9.5% account that yields 9.84% annually. Find how often the interest is compounded.
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Answer & Solution
Answer: Option C
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42
A project construction cost estimate includes:
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Answer & Solution
Answer: Option D
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43
What is considered as the basic consuming or demanding unit of a commodity?
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Answer: Option D
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44
All are classified under direct labor expenses EXCEPT one. Which one?
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Answer & Solution
Answer: Option D
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45
One banker’s year is equivalent to ______ days.
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Answer & Solution
Answer: Option B
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46
The construction manager uses the estimate of the project
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Answer & Solution
Answer: Option D
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47
What refers to an imaginary cost representing what will not be received if a particular strategy is rejected?
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Answer & Solution
Answer: Option A
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48
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:
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Answer: Option A
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49
What is the type of annuity where the payments are made at the end of each period starting from the first period?
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Answer & Solution
Answer: Option A
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50
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?
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Answer & Solution
Answer: Option C
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