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TOPIC: Quiz 2

Quiz 2 4 years 8 months ago #598

  • eduAmigo2
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Q1. Bring out the only statement, which is not fully correct:
[A] An increase in the supply of money will always result in inflation
Inflation occurs when the value of money declines
[C] Cost inflation occurs when prices rise to cover increased factor costs
[D] Inflation will have the effect of redistributing incomes within a country

Q2. By which of the following, Maximum anthropogenic Green House Gas emission takes place as per the recent data?
[A] Transportation Fuels
Power Stations
[C] Industrial Processes
[D] Agricultural Bye-products

Q3. Consider the following comparisons of LEDs and CFLs:
1. The CFLs contain mercury, LEDs are free of mercury
2. The CFLs emit more light per watt than the LEDs
3. The CFLs are not temperature dependent, while LED performance largely depends on the ambient temperature of the operating environment
Which among the above statements is/ are correct?
[A] Only 1 is correct
Only 1 & 2 are correct
[C] Only 1 & 3 are correct
[D] All are correct

Q4. Competition Appellate Tribunal is a statutory organization established under the provisions of the Competition Act, 2002. As per this act, the chairman of the Competition Law Tribunal can be a person who is/ had been____:
1. Chief Justice of India
2. Judge of Supreme Court
3. Chief Justice of High Court
4. Judge of High Court
Choose the correct option:
[A] 1 or 2
1 or 3
[C] 2 or 3
[D] 2 or 4

Q5. Consider the following 3 Ultra Mega Power Projects (UMPPs) under different stages of their making:
1. Bedabahal Ultra Mega Power Project
2. Cheyyur Ultra Mega Power Project
3. Surguja Ultra Mega Power Project
Which among the following is the correct set of states in which they are coming up:
[A] Odisha, Tamil Nadu, Madhya Pradesh
West Bengal, Karnataka, Chhattisgarh
[C] Odisha, Tamil Nadu, Chhattisgarh
[D] Odisha, Kerala, Jharkhand

Please post your answers below.
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Re: Quiz 2 4 years 8 months ago #600

eduAmigo2 wrote:
Q1. Bring out the only statement, which is not fully correct:
[A] An increase in the supply of money will always result in inflation
Inflation occurs when the value of money declines
[C] Cost inflation occurs when prices rise to cover increased factor costs
[D] Inflation will have the effect of redistributing incomes within a country

Q2. By which of the following, Maximum anthropogenic Green House Gas emission takes place as per the recent data?
[A] Transportation Fuels
Power Stations
[C] Industrial Processes
[D] Agricultural Bye-products

Q3. Consider the following comparisons of LEDs and CFLs:
1. The CFLs contain mercury, LEDs are free of mercury
2. The CFLs emit more light per watt than the LEDs
3. The CFLs are not temperature dependent, while LED performance largely depends on the ambient temperature of the operating environment
Which among the above statements is/ are correct?
[A] Only 1 is correct
Only 1 & 2 are correct
[C] Only 1 & 3 are correct
[D] All are correct

Q4. Competition Appellate Tribunal is a statutory organization established under the provisions of the Competition Act, 2002. As per this act, the chairman of the Competition Law Tribunal can be a person who is/ had been____:
1. Chief Justice of India
2. Judge of Supreme Court
3. Chief Justice of High Court
4. Judge of High Court
Choose the correct option:
[A] 1 or 2
1 or 3
[C] 2 or 3
[D] 2 or 4

Q5. Consider the following 3 Ultra Mega Power Projects (UMPPs) under different stages of their making:
1. Bedabahal Ultra Mega Power Project
2. Cheyyur Ultra Mega Power Project
3. Surguja Ultra Mega Power Project
Which among the following is the correct set of states in which they are coming up:
[A] Odisha, Tamil Nadu, Madhya Pradesh
West Bengal, Karnataka, Chhattisgarh
[C] Odisha, Tamil Nadu, Chhattisgarh
[D] Odisha, Kerala, Jharkhand

Please post your answers below.

Q1- A
Q2- C
Q3- D
Q4- C
Q5- A
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Re: Quiz 2 Answers 4 years 8 months ago #602

  • eduAmigo2
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Q1. A
An increase in money supply will NOT Always result in inflation. An increase in the money supply can cause a sustained increase in real production instead of inflation in the aftermath of a recession, when many resources are underutilized. However, it should not be trapped in the financial system as excess reserves.

Q2. B

Q3. C
The second statement is incorrect. LEDs are known for their performance and LED emit more light per watt than the CFLs.

Q4. C
Competition Law , section 53D.(1)The Chairperson of the Appellate Tribunal shall be a person, who is, or has been a Judge of the Supreme Court or the Chief Justice of a High Court. Please note that Hon’ble Dr. Justice Arijit Pasayat, former Judge of Supreme Court, has been appointed as the First Chairperson of the Appellate Tribunal.

Q5. C
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