Tag: economics

Questions Related to economics

State whether the following statements are True or False.
No efforts are being made by the Government to solve energy problem in India.

  1. True

  2. False


Correct Option: B

Which among the following is a problem faced by the energy sector in India?

  1. Theft of power and poor recovery of costs.

  2. Inadequate power supply.

  3. Most State Electricity Boards (SEBs) are financially weak.

  4. All of the above.


Correct Option: D

Which among the following has adversely impacted agricultural and industrial development?

  1. Inadequate power supply.

  2. High profitability of state electricity boards.

  3. Efficient cost recovery in the power sector.

  4. None of the above.


Correct Option: A

HBJ pipeline will not pass through ____________.

  1. Hazira

  2. Jodhpur

  3. Bijaipur

  4. Jagadishpur


Correct Option: B

The most visible form of energy, which is often identified with progress in modern civilization, is _______.

  1. power

  2. electricity

  3. petrol

  4. both A and B


Correct Option: D
Explanation:
Power and electricity both of them has been signified in playing a major role modernizing civilization. As modern civilization works on luxurious life and electric power, these contribute a lot in luxury. To reduce pollution electric cars are planned and launched which will work by electricity as its fuel. 

Some of the challenges that India's power sector faces today are _____________________.

  1. Indias installed capacity to generate electricity is not sufficient to feed an annual economic growth of 7%

  2. State Electricity Boards incur losses which exceed Rs 500 billion.

  3. thermal power plants are facing shortage of raw material and coal supplies

  4. all of these


Correct Option: D
Explanation:
India's power sector, the credit for 60% of the power production by thermal power plants is using coal as it's fuel. The main issue arises by the shortage of coal which also pollutes the environment. The losses are due to less formation of power which affects overall revenue. As the output is less, GDP is also affected directly. 
Hence, D is the correct option.

Electricity generated from water is _____________.

  1. hydro

  2. solar

  3. thermal

  4. atomic


Correct Option: A

State whether the following statements are True or False.
Bio-gas is very expensive.

  1. True

  2. False


Correct Option: B

______ of the total installed capacity power is in private sector.

  1. 15%

  2. 29%

  3. 33%

  4. 45%


Correct Option: B

In India, Energy Sector suffers from a number of shortcomings/problems. Which one of the following is not a problem?

  1. Rising Oil Prices

  2. High Profitability of SEBs

  3. Transmission and Distribution Losses

  4. Operational Inefficiency of SEBs


Correct Option: B