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The following information is provided for an ore deposit:<br>Number of waste blocks = 10<br>Number of ore blocks = 5<br>Volume of each waste block, m<sup>3</sup> = 600<br>Total cost of waste handling per m<sup>3</sup> = Rs. 100<br>Tonnage of each ore block = 400<br>Total cost of ore handling per ton = Rs. 150<br>Sale price of ore per ton = Rs. 500<br>The net cash flow of mining the deposit in lakhs of rupees, is

Correct Answer: 1.0

Which of the following activities should be shown separately in the cash flow statement prepared as per Accounting Standard-3?
1. Cash flow from borrowing activities
2. Cash flow from operating activities
3. Cash flow from financing activities
4. Cash flow from investing activities
5. Cash flow from miscellaneous activitie

Which of the following activities should be shown separately in the cash flow statement prepared as per accounting standard-3?
I. Cash flow from borrowing activities.
II. Cash flow from operating activities.
III. Cash flow from financing activities.
IV. Cash flow from investing activities.
V. Cash flow from miscellaneous activities.

Ram transfers a house worth rupees five lakhs to Shyam in lieu of a field worth rupees two lakhs and rupees three lakhs as cash. This transfer is:-

A vertical ore body having a consistent width of 100 m has been excavated by the open pit method up to a depth of 100 m at a pit slope angle of 45°. The figure shows the cross section of the open pit. If the ore body is further excavated by a depth of 10 m, maintaining the same pit slope angle, the ratio of waste rock to ore is
Introduction to Mining Engineering mcq question image

An O.C. mine requires 16 blocks of overburden of 3000 te each to mine 4 blocks of coal of 2000 te each. The mining cost of both overburden and coal is Rs. 50 per tonne. The cost of transportation of overburden to dump areas is Rs. 50 per tonne. Coal transportation cost to the selling point is Rs. 75 per tonne. The price of coal is Rs. 800 per tonne, If the royalty and tax to the state is Rs. 50 per tonne, the nominal profit in rupees is

Which of the following are examples of cash flow from operating activities as per AS-7?
1. Cash receipts from the sale of goods and the rendering of services.
2. Cash receipts from disposal of intangible assets.
3. Cash receipts from royalties, fees, commissions and other revenue.
4. Cash payments to suppliers for goods and services.
5. Cash proceeds from issuing shares or other similar instruments.
6. Cash payments to and on behalf of employees.
Select the correct answer:

A, B and C enter into a partnership. A initially invests Rs. 25 lakhs and adds another Rs. 10 lakhs after one year. B initially invests Rs. 35 lakhs and withdraws Rs. 10 lakhs after 2 years and C invests Rs. 30 lakhs. In what ratio should the profits be divided at the end of 3 years ?

On 1st January, 2004, 'A' took a mine on lease for 10 years. The rate of profession fee is 50 paise per tonne and the minimum fare is Rs. 8,000 per annum. Short working amount has the right to be recovered till 31st December, 2008. Production was as follows-
2004 ⇔ 3,000 ton, 2005 ⇔ 10,000 ton, 2006 ⇔ 20,000 ton, 2007 ⇔ 28,000 ton, 2008 ⇔ 14,200 ton.
The amount to be given to the landlord for the year 2006 is

In an opencast mine shown in the figure below, the coal has a density of 1.4 t/m3. Assuming mining operation started from plane XY, the operating stripping ratio under the given conditions in m3/t is
Introduction to Mining Engineering mcq question image

Free cash flow is Rs 12000, an operating cash flow is Rs 4000, an investment outlay cash flow is Rs 5000 then salvage cash flow would be