Tag: social science

Questions Related to social science

Usually the production budget is stated in terms of ___________.

social science the government budget and taxation family budget prices and cost of living economic sources

  1. Money

  2. Quantity

  3. Both of these

  4. None of these

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Correct Option: C
Explanation:

A business may need to revise a budget continuously for the length of time it takes to complete a short-term project. If a business undertakes an expansion that requires three years to complete, it may need recurrent budget revisions during this time to meet short-term goals. Afterwards, the company may go back to a more fixed budget with long-term goals. In addition, a company that introduces a new product may need to continually revise the budget until actual figures for production costs and sales income is substantiated.

Revision of budget is _________.

social science the government budget and taxation family budget prices and cost of living economic sources

  1. Unnecessary

  2. Can't determine

  3. Necessary

  4. Inadequate data

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Correct Option: C
Explanation:

A company requires a particular budget that details categories of revenue and expenditures relevant to the particular business enterprise. Although most companies create budgets for a one-year period, ongoing evaluations regularly give the business more leeway in making adjustments as needed. Businesses utilize a budget revision process to trim excess spending, re-allocate revenues and make allowances for unexpected or uncommon expenses.

Which of these is a financial economy of scale _______________.

social science the government budget and taxation family budget prices and cost of living economic sources

  1. reduction in the cost of borrowing with the increase in capital outlay for expansion.

  2. reduction in tariff rates due to expansion in production base.

  3. reduction in business risk due to diversification.

  4. reduction in cost of labour due to availability of cheap labour.

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Correct Option: A

Water harvesting is

social science water a precious resource water harvesting water resources and conservation water management

  1. Collection of river water

  2. Collection of rainwater in storage tanks or in the soil to recharge ground water

  3. Harvesting of water from tube walls

  4. All of the above

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Correct Option: B

Find out about the traditional systems of water harvesting/management in your region.

social science water a precious resource water harvesting water resources and conservation water management

  1. Tanks

  2. Rainwater

  3. Sea

  4. Holes

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Correct Option: A
Explanation:
In my state, tanks are the traditional water harvesting system. This system ensures groundwater recharge during rainy season and thus ensures around the year availability of drinking water in many villages.

Which of the following has lowest water table?

social science water a precious resource water harvesting water resources and conservation water management

  1. Desert

  2. Forest area

  3. Plains

  4. None of the above

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Correct Option: A

Seeping of rainwater through the ground prevents

social science water a precious resource water harvesting water resources and conservation water management

  1. Global warming

  2. Flood

  3. Forest fire

  4. None of the above

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Correct Option: B

Which of the following do plants not compete for?

social science water a precious resource water harvesting water resources and conservation water management

  1. Water

  2. Food

  3. Space

  4. All above

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Correct Option: A

Which of the following intercepts with the rainwater and helps in dripping?

social science water a precious resource water harvesting water resources and conservation water management

  1. Root

  2. Crown

  3. Trunk

  4. None of the above

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Correct Option: B

Assuming that the night will remain clear, calm, and unsaturated, the predicted minimum temperature is $32^{o}F$. Suddenly the wind speed increases and remains gusty throughout the night. The minimum temperature will most likely be:

social science water a precious resource water harvesting water resources and conservation water management

  1. About the same as predicted but will occur earlier in the night

  2. Higher than predicted due to the release of latent heat

  3. Much lower than predicted due to radiational cooling

  4. Higher than predicted due to mixing

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Correct Option: D