2302. Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost   x The most major component of this cost index is

fabricated equipment and machinery.
process instruments and control.
pumps and compressor.
electrical equipments and material.
✅ The correct answer is option A.

2303. Which of the following relationship is not correct is case of a chemical process plant ?

Manufacturing cost = direct product cost + fixed charges + plant overhead costs
General expenses = administrative expenses + distribution & marketing expenses
Total product cost = manufacturing cost + general expenses
Total product cost = direct production cost + plant overhead cost.
✅ The correct answer is option D.