Machine Design
According to Indian standard specifications, a Grey cast iron designated by 'FG 200' means that the

Minimum tensile strength is 200 N/mm²
Carbon content is 2%
Maximum compressive strength is 200 N/mm²
Maximum shear strength is 200 N/mm²

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Machine Design
The elasticity is the property of a material which enables it to

Regains its original shape after deformation when the external forces are removed
Resists fracture due to high impact loads
Retain deformation produced under load permanently
Draw into wires by the application of a tensile force

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