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  • Question
  • Effective and nominal interest rates are equal, when the interest is compounded


  • Options
  • A. annually
  • B. fortnightly
  • C. monthly
  • D. half-yearly

  • Correct Answer
  • annually 


  • More questions

    • 1. Antioxidants are added in petrol to

    • Options
    • A. impart colour to it, for easy identification.
    • B. minimise the gum formation.
    • C. prevent icing of the carburettor.
    • D. prevent the lead build up in engines.
    • Discuss
    • 2. The transfer function of a process is . If a step change is introduced into the system, then the response will be

    • Options
    • A. under damped
    • B. critically damped
    • C. over damped
    • D. none of these
    • Discuss
    • 3. Dead zone is the

    • Options
    • A. same as time constant.
    • B. same as transportation lag.
    • C. maximum change in the variable that does not change the reading of the instrument.
    • D. none of these.
    • Discuss
    • 4. For gasoline, the flash point (<50°C) is determined by the

    • Options
    • A. Abel apparatus.
    • B. Pensky-Marten's apparatus.
    • C. Saybolt chromometer.
    • D. none of these.
    • Discuss
    • 5. The pH value of a solution is 5.9. If the hydrogen ion concentration is decreased hundred times, the solution will be

    • Options
    • A. basic
    • B. more acidic
    • C. neutral
    • D. of the same acidity
    • Discuss
    • 6. Which of the following is the costliest material of construction used in pressure vessel construction?

    • Options
    • A. Low alloy steel
    • B. Lead
    • C. Titanium
    • D. High alloy steel
    • Discuss
    • 7. Decarburisation of steel

    • Options
    • A. is the removal of carbon from iron carbide (Fe3C).
    • B. affects its crystalline structure.
    • C. is favoured by CO2.
    • D. all (a), (b) and (c).
    • Discuss
    • 8. Cast iron has very high

    • Options
    • A. compressive strength
    • B. ductility
    • C. shock resistance
    • D. resistance to brittleness
    • Discuss
    • 9. Pick out the correct statement.

    • Options
    • A. A forced vortex occurs when fluid rotates as a solid about an axis.
    • B. In laminar flow, Newton's law of viscosity does not apply.
    • C. A free vortex occurs, when fluidrotates as a solid.
    • D. In turbulent flow, there are neither cross-currents nor eddies.
    • Discuss
    • 10. Functional depreciation of an equipment is the measure of decrease in its value due to its

    • Options
    • A. ageing
    • B. wear and tear
    • C. obsolescence
    • D. breakdown or accident
    • Discuss


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