Questions Related to economics

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Which of the following are the problems relating to Thermal Power Plants in India?

  1. Operating inefficiency

  2. Operating below their installed capacity

  3. Transmission and Distribution Losses

  4. All of the above

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Thermal power plants in India face multiple challenges, including low operational efficiency, underutilization of installed capacity, and significant losses during the transmission and distribution of electricity.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Plant load factor, a measure of operational efficiency of a thermal plant varies across the regions in India. In which of the following regions it has been lowest in the year $2012-13$?

  1. Eastern

  2. Western

  3. Central

  4. Southern

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Historical data for the 2012-13 period indicated that the Eastern region of India recorded the lowest Plant Load Factor (PLF) among the major regions due to various operational and coal supply constraints.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Which of the following having the maximum PLF(Plant Load Factor)?

  1. State Electricity Boards

  2. Central Sector

  3. Private Sector Companies

  4. Both (b) & (c)

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Both Central Sector power plants and Private Sector companies generally maintain higher operational standards and maintenance schedules compared to many State Electricity Boards, leading to a higher average PLF.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

When the PLF is high which means Poor Efficiency of plant, is it __________.

  1. true

  2. false

  3. cannot decide

  4. none of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A high Plant Load Factor (PLF) indicates that a plant is operating close to its maximum capacity, which signifies high efficiency, not poor efficiency. Therefore, the statement is false.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Which of the following statements is correct?

  1. Demand and supply of Fuel are almost equal

  2. Our Import Bill on account of oil has been decreasing since $1990$
  3. Oil Prices have been decreasing since $1973$
  4. Transmission and Distribution Losses of Power Companies are very high

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Transmission and Distribution (T&D) losses in India have historically been very high, often exceeding 20 percent in many states, which is a major concern for the power sector.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

In terms of generation of power, the contribution of ________ power is maximum.

  1. hydro

  2. nuclear

  3. thermal

  4. none of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Thermal power, primarily coal-based, accounts for the largest share of electricity generation in India, providing the base load for the country's power grid.

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

Measure of the operational efficiency of a thermal plant:

  1. Power load factor.

  2. Power leakage factor.

  3. Plant load factor.

  4. Plant leakage factor.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Plant load factor measures the power generating capacity of a thermal plant by calculating the energy load which the plant produces at a given point of time. 

Multiple choice economics environment and sustainable development need for sustainable development environmental economics sustainable development

The most promising non-conventional source of energy in India is __________.

  1. wind power

  2. geo-thermal power

  3. solar energy

  4. tidal power

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Solar energy is widely considered the most promising non-conventional source in India due to the country's high solar insolation levels and the government's aggressive push for solar capacity expansion.