Electrical Tariff Question & AnswersFebruary 14, 2023 By Wat Electrical This article lists 75 Electrical Tariff MCQs for engineering students. All the Electrical Tariff Questions & Answers given below include a hint and a link wherever possible to the relevant topic. This is helpful for users who are preparing for their exams, interviews, or professionals who would like to brush up on the fundamentals of Electrical Tariff.The tariff refers to a type of tax that is paid on services and goods imported from their nations and tariff is applied to goods that can be produced, manufactured, and sourced domestically. The main aim of tariffs is to encourage domestic consumption. The affecting factors of the tariffs are; types of load, maximum demand, time at which load is required, power factor of load or load factor, and the amount of energy used. The proper return, fairness, simplicity, reasonable profit, and attractiveness are the desirable characteristics of a tariff. The purpose of trade tariffs is to protect the domestic industry, the consumer interest, and domestic employment, to support national security, and to set as a tool of retaliation. Mobilizing revenue, economic self-reliance, counteracting trade barriers, conserving foreign exchange resources, and protecting the economy against dumping are the objectives of trade barriers. The advantage of tariffs is they protect domestic firms, stops the dumping of cheap imports, and revenue for the government. The disadvantage of tariffs is higher prices, fewer choices for consumers, and retaliation. 1). The price and quantity control measures are an example of ______________ measures? Hard measures Threat measures Both a and b None of the above None Hint2). What is the standard form of RTP? Real Time Processing Real Time Program Real Time Pricing None of the above None Hint3). A tax or duty on import commodity is known as _________________ tariff? Import Export Ad valorem Specific None Hint4). What are the factors affecting the tariff? Types of loads Maximum demand Power factor of load All of the above None Hint5). The KWh energy supplied in a period divided by time period is known as _______________? Connected load Maximum load Average load None of the above None Hint6). What are the effects of variable load? Increase in production cost Exchange of peak loads Use of older plants All of the above None Hint7). What are the advantages of an interconnected load? Need of an additional equipment Increase in production cost Increases diversity factor None of the above None Hint8). Which one of the following comes under tariff barriers? Export Subsidies Quotas None of the above None Hint9). What are the objectives of trade barriers? Protect domestic industries Mobilise revenue Counteract trade barriers All of the above None Hint10). What is the standard form of SPS? Signal Processing System Signal Power System Sanitary and Phytosanitary None of the above None Hint11). Which one of the following govern by special committee on renewable energy? SREP FiT Both a and b None of the above None Hint12). In which one of the following the payment structure is fixed? SREP FiT Both a and b None of the above None Hint13). Which one of the following refers to a type of tax that is paid on services and goods imported from other nations? Tax Tariff Both a and b None of the above None Hint14). The GATT and WTO approve _______________ for controlling imports? Tax Tariff Quota None of the above None Hint15). The nuclear type of power plant ramp time is ______________? Hours Days Minutes to hours None of the above None Hint16). What is the standard form of CIF? Cost Insurance Free Valuation Cost Insurance Fixed Valuation Cost Insurance Freight Valuation None of the above None Hint17). The expression Y=E1Z1+E2Z2+…...... is an expression of _____________ rate? Step meter rate Block rate Straight line meter rate None of the above None Hint18). ______________ importers make profits and exploit the market? Tariff Non-tariff Both a and b None of the above None Hint19). Which one of the following favours efficiency of firms? Tariff Non-tariff Both a and b None of the above None Hint20). What is the standard form of TRQs? Time Rate Quotas Tariff Range Quotas Tariff Rate Quotas None of the above None HintElectrical Tariff MCQ for Quiz21). Which one of the following maintains link between domestic and international prices? Tariff Quota Both a and b None of the above None Hint22). The checklist of requirements to be ensured before the goods are imported is the meaning of ________________? Rules of origin Pre-shipment inspection IP regulations None of the above None Hint23). The maximum load divided by rated capacity of plant is known as _________________? Utilization factor Load factor Plant use factor Demand factor None Hint24). The source of power in diesel power plant is ___________________? Coal Water Nuclear fuel Diesel None Hint25). The wind power plant ramp time is ______________? Hours Minutes Minutes to hours None of the above None Hint26). What is the standard form of FOB? File On-Board Valuation Fire On-Board Valuation Free On-Board Valuation None of the above None Hint27). Which one of the following administrated by sustainable energy development authority? SREP FiT Both a and b None of the above None Hint28). In which one of the following the government doesn’t earn extra revenue? Tariff Quota Both a and b None of the above None Hint29). Which one of the following is more effective as a protective measure? Tariff Quota Both a and b None of the above None Hint30). What is the standard form of NTMs? Non-Tariff Meters Non-Tariff Machines Non-Tariff Measures None of the above None Hint31). The maximum demand divided by total connected load is known as _________________? Utilization factor Load factor Plant use factor Demand factor None HintRead more about Load Factor32). The source of power in nuclear power plant is ___________________? Coal Water Nuclear fuel Diesel None Hint33). Which one of the following plants emit gases? Thermal power plant Nuclear power plant Both a and b None of the above None Hint34). Which one of the following plants located in isolated areas away from population? Thermal power plant Nuclear power plant Hydro-electric power plant None of the above None Hint35). Which one of the following is a two-part tariff equation? Y=D+X+EZ Y=D+EZ+C Y=EZ None of the above None Hint36). Which one of the following is also known as Doherty rate? Three-part tariff Two-part tariff Block rate tariff None of the above None Hint37). What is the standard form of LOCE? Levelized Cost of Energy Local Cost of Energy Levelized common Energy None of the above None Hint38). Which one of the following measures plant and animal health regulation? Contingent trade protective Distribution restrictions Sanitary and phytosanitary None of the above None Hint39). The average load divided by maximum load is known as _________________? Utilization factor Load factor Plant use factor Demand factor None Hint40). The anti-dumping and safe guards are an example of ______________ measures? Hard measures Threat measures Both a and b None of the above None HintElectrical Tariff MCQ for Students41). What is the standard form of TOU? Time of Use Tariff of Use Trade of Use None of the above None Hint42). Which one of the following is expressed as a fixed percentage of the value of a traded commodity? Import Export Ad valorem Specific None Hint43). In which one of the following, the payment structure is unattractive? SREP FiT Both a and b None of the above None Hint44). Which one of the following returns field monthly, bi-monthly or quarterly? GST SST Both a and b None of the above None Hint45). In ________________ the government earns extra revenue? Tariff Quota Both a and b None of the above None Hint46). Which one of the following is also known as maximum demand? Connected load Maximum load Peak load None of the above None Hint47). The source of power in hydro-electric power plant is ___________________? Coal Water Nuclear fuel Diesel None Hint48). Which one of the following is a three-part tariff equation? Y=D+X+EZ Y=D+EZ+C Y=EZ None of the above None Hint49). What are the advantages of tariff? Retaliation Less choice for consumers Protects domestic firms All of the above None Hint50). What is the standard form of TBT? Technical Barriers to Trade Tariff Barriers to Trade Technical Barriers to Tariff None of the above None Hint51). Which one of the following collected at single point? GST SST Both a and b None of the above None Hint52). Which one of the following includes trolley, buses? Irrigation load Municipal load Traction load None of the above None Hint53). What is the standard form of MHDP? Magneto Hydro Dua Power Magneto Hydro Dynamite Power Magneto Hydro Power None of the above None Hint54). Which one of the following is also known as peak demand? Connected load Maximum load Peak load None of the above None Hint55). The capacity factor divided by load factor is known as _________________? Reserve factor Load factor Plant use factor Coincidence factor None Hint56). The source of power in thermal power plant is ___________________? Coal Water Nuclear fuel Diesel None Hint57). Which one of the following is also known as Hopkinson demand rate? Three-part tariff Two-part tariff Block rate tariff None of the above None Hint58). What are the disadvantages of tariff? Retaliation Stops dumping of cheap imports Protects domestic firms All of the above None Hint59). The load factor divided by capacity factor is known as _________________? Reserve factor Load factor Plant use factor Demand factor None Hint60). The simple cycle combustion turbine ramp time is ______________? Hours Days Minutes to hours None of the above None HintElectrical Tariff MCQ for Exams61). A tax or duty on export commodity is known as _________________ tariff? Import Export Ad valorem Specific None Hint62). What is the standard form of SREP? Small Renewable Energy Power Simple Renewable Energy Power Single Renewable Energy Power None of the above None Hint63). Which one of the following focuses on only four renewable energy sources? SREP FiT Both a and b None oThe feed in tariff focuses on only four renewable energy sources Hint: The payment structure is fixed and guaranteed in feed in tariff f the above None Hint64). Which one of the following collected at multiple stages? GST SST Both a and b None of the above None Hint65). Ensuring the imports comply with trademarks, industrial designs, patents, etc is the meaning of ________________? Rules of origin Pre-shipment inspection IP regulations None of the above None Hint66). Which one of the following expressed as Z=ax? Flat demand rate Straight meter rate Block meter rate None of the above None Hint67). In which of the following ________________ there is no change in the price of an imported good? Tariff Quota Both a and b None of the above None Hint68). In which one of the following there is no external tariff between members? Free trade area Customs union Single market None of the above None Hint69). Which one of the following are applied to goods that can be produced, manufactured and sourced domestically? Tax Tariff Both a and b None of the above None Hint70). The combined cycle combustion turbine ramp time is ______________? Hours Days Minutes to hours None of the above None Hint71). Which one of the following comes under non-tariff barriers? Export Import Subsidies None of the above None Hint72). What is the standard form of VERs? Voluntary Export Restraints Voluntary Export Resources Voluntary Export Resistors None of the above None Hint73). How many ways are there to control the trade? Two Three Six Four None Hint74). The ad valorem duty is a type of _______________ barrier? Non-tariff Tariff Para-tariff None of the above None Hint75). What are the desirable characteristics of a tariff? Proper return Fairness Both a and b None of the above None Hint Time's up
