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Question Bank

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​Que No​ ​Quesation​

​1​ ​Define Business Economics and state its role in engineering decision-making.​
​2​ ​State the Law of Demand and mention two exceptions.​
​3​ ​Differentiate between Cost Accounting and Financial Accounting (any two points).​
​4​ ​Define Break-even Point and write its formula.​
​5​ ​State the formula of Compound Interest and explain Time Value of Money.​
​ umerical: Fixed Cost = ₹2,00,000; SP = ₹500; VC = ₹300. Calculate BEP and profit at​
N
​6​ ​1200 units.​
​ xplain Price Elasticity of Demand. Price increases from ₹100 to ₹120 and demand falls​
E
​7​ ​from 1000 to 800 units. Calculate elasticity and interpret.​
​ xplain Job Costing and Process Costing with suitable engineering applications in the​
E
​8​ ​Automation industry.​
​ ase Study (Capital Budgeting): Two machines with different investments and cash inflows​
C
​(NPV calculation using PV factor). Recommend suitable alternatives with justification and​
​9​ ​comment on risk.​
​ raw neat diagrams of Balance Sheet & Income Statement. Explain their role in engineering​
D
​10​ ​decision-making. Also draw flowchart for project budgeting and cost control.​
​11​ ​Explain Microeconomics vs Macroeconomics with engineering examples.​
​12​ ​Numerical: Calculate Future Value of ₹50,000 at 8% for 4 years (Compound Interest).​
​13​ ​Classify costs into fixed, variable, direct, indirect with examples from the robotics industry.​
​14​ ​Explain Market Equilibrium with demand-supply diagram.​
​15​ ​Prepare a project budget for setting up an Automation Laboratory.​
​16​ ​Explain sources of finance: Debt, Equity, Venture Capital with advantages and limitations.​
​ umerical: Calculate Contribution, P/V ratio and BEP if SP = ₹400, VC = ₹250, FC =​
N
​17​ ​₹1,50,000.​
​18​ ​Explain Profit Maximization under perfect competition.​
​19​ ​Discuss the importance of Financial Planning for engineers.​
​ ase Study: Compare Job Costing and Process Costing for manufacturing robotic arms.​
C
​20​ ​Suggest suitable methods with justification.​
​21​ ​Numerical: Calculate Present Value of ₹1,00,000 receivable after 3 years at 10% interest.​
​22​ ​Explain Budgetary Control and its importance in cost management.​
​23​ ​Explain Capital Investment Decision process with flow diagram.​
​24​ ​Explain the difference between Direct and Indirect costs with suitable examples.​
​25​ ​Short note on Risk Assessment in engineering financial decisions.​

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