Electrical Tariff Question & Answers February 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 Hint 2). What is the standard form of RTP? Real Time Processing Real Time Program Real Time Pricing None of the above Hint 3). A tax or duty on import commodity is known as _________________ tariff? Import Export Ad valorem Specific Hint 4). What are the factors affecting the tariff? Types of loads Maximum demand Power factor of load All of the above Hint 5). The KWh energy supplied in a period divided by time period is known as _______________? Connected load Maximum load Average load None of the above Hint 6). What are the effects of variable load? Increase in production cost Exchange of peak loads Use of older plants All of the above Hint 7). What are the advantages of an interconnected load? Need of an additional equipment Increase in production cost Increases diversity factor None of the above Hint 8). Which one of the following comes under tariff barriers? Export Subsidies Quotas None of the above Hint 9). What are the objectives of trade barriers? Protect domestic industries Mobilise revenue Counteract trade barriers All of the above Hint 10). What is the standard form of SPS? Signal Processing System Signal Power System Sanitary and Phytosanitary None of the above Hint 11). Which one of the following govern by special committee on renewable energy? SREP FiT Both a and b None of the above Hint 12). In which one of the following the payment structure is fixed? SREP FiT Both a and b None of the above Hint 13). 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 Hint 14). The GATT and WTO approve _______________ for controlling imports? Tax Tariff Quota None of the above Hint 15). The nuclear type of power plant ramp time is ______________? Hours Days Minutes to hours None of the above Hint 16). What is the standard form of CIF? Cost Insurance Free Valuation Cost Insurance Fixed Valuation Cost Insurance Freight Valuation None of the above Hint 17). The expression Y=E1Z1+E2Z2+…...... is an expression of _____________ rate? Step meter rate Block rate Straight line meter rate None of the above Hint 18). ______________ importers make profits and exploit the market? Tariff Non-tariff Both a and b None of the above Hint 19). Which one of the following favours efficiency of firms? Tariff Non-tariff Both a and b None of the above Hint 20). What is the standard form of TRQs? Time Rate Quotas Tariff Range Quotas Tariff Rate Quotas None of the above Hint Electrical Tariff MCQ for Quiz 21). Which one of the following maintains link between domestic and international prices? Tariff Quota Both a and b None of the above Hint 22). 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 Hint 23). The maximum load divided by rated capacity of plant is known as _________________? Utilization factor Load factor Plant use factor Demand factor Hint 24). The source of power in diesel power plant is ___________________? Coal Water Nuclear fuel Diesel Hint 25). The wind power plant ramp time is ______________? Hours Minutes Minutes to hours None of the above Hint 26). What is the standard form of FOB? File On-Board Valuation Fire On-Board Valuation Free On-Board Valuation None of the above Hint 27). Which one of the following administrated by sustainable energy development authority? SREP FiT Both a and b None of the above Hint 28). In which one of the following the government doesn’t earn extra revenue? Tariff Quota Both a and b None of the above Hint 29). Which one of the following is more effective as a protective measure? Tariff Quota Both a and b None of the above Hint 30). What is the standard form of NTMs? Non-Tariff Meters Non-Tariff Machines Non-Tariff Measures None of the above Hint 31). The maximum demand divided by total connected load is known as _________________? Utilization factor Load factor Plant use factor Demand factor Hint Read more about Load Factor 32). The source of power in nuclear power plant is ___________________? Coal Water Nuclear fuel Diesel Hint 33). Which one of the following plants emit gases? Thermal power plant Nuclear power plant Both a and b None of the above Hint 34). 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 Hint 35). 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 Hint 36). Which one of the following is also known as Doherty rate? Three-part tariff Two-part tariff Block rate tariff None of the above Hint 37). What is the standard form of LOCE? Levelized Cost of Energy Local Cost of Energy Levelized common Energy None of the above Hint 38). Which one of the following measures plant and animal health regulation? Contingent trade protective Distribution restrictions Sanitary and phytosanitary None of the above Hint 39). The average load divided by maximum load is known as _________________? Utilization factor Load factor Plant use factor Demand factor Hint 40). The anti-dumping and safe guards are an example of ______________ measures? Hard measures Threat measures Both a and b None of the above Hint Electrical Tariff MCQ for Students 41). What is the standard form of TOU? Time of Use Tariff of Use Trade of Use None of the above Hint 42). Which one of the following is expressed as a fixed percentage of the value of a traded commodity? Import Export Ad valorem Specific Hint 43). In which one of the following, the payment structure is unattractive? SREP FiT Both a and b None of the above Hint 44). Which one of the following returns field monthly, bi-monthly or quarterly? GST SST Both a and b None of the above Hint 45). In ________________ the government earns extra revenue? Tariff Quota Both a and b None of the above Hint 46). Which one of the following is also known as maximum demand? Connected load Maximum load Peak load None of the above Hint 47). The source of power in hydro-electric power plant is ___________________? Coal Water Nuclear fuel Diesel Hint 48). 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 Hint 49). What are the advantages of tariff? Retaliation Less choice for consumers Protects domestic firms All of the above Hint 50). What is the standard form of TBT? Technical Barriers to Trade Tariff Barriers to Trade Technical Barriers to Tariff None of the above Hint 51). Which one of the following collected at single point? GST SST Both a and b None of the above Hint 52). Which one of the following includes trolley, buses? Irrigation load Municipal load Traction load None of the above Hint 53). What is the standard form of MHDP? Magneto Hydro Dua Power Magneto Hydro Dynamite Power Magneto Hydro Power None of the above Hint 54). Which one of the following is also known as peak demand? Connected load Maximum load Peak load None of the above Hint 55). The capacity factor divided by load factor is known as _________________? Reserve factor Load factor Plant use factor Coincidence factor Hint 56). The source of power in thermal power plant is ___________________? Coal Water Nuclear fuel Diesel Hint 57). 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 Hint 58). What are the disadvantages of tariff? Retaliation Stops dumping of cheap imports Protects domestic firms All of the above Hint 59). The load factor divided by capacity factor is known as _________________? Reserve factor Load factor Plant use factor Demand factor Hint 60). The simple cycle combustion turbine ramp time is ______________? Hours Days Minutes to hours None of the above Hint Electrical Tariff MCQ for Exams 61). A tax or duty on export commodity is known as _________________ tariff? Import Export Ad valorem Specific Hint 62). What is the standard form of SREP? Small Renewable Energy Power Simple Renewable Energy Power Single Renewable Energy Power None of the above Hint 63). 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 Hint 64). Which one of the following collected at multiple stages? GST SST Both a and b None of the above Hint 65). 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 Hint 66). Which one of the following expressed as Z=ax? Flat demand rate Straight meter rate Block meter rate None of the above Hint 67). 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 Hint 68). In which one of the following there is no external tariff between members? Free trade area Customs union Single market None of the above Hint 69). 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 Hint 70). The combined cycle combustion turbine ramp time is ______________? Hours Days Minutes to hours None of the above Hint 71). Which one of the following comes under non-tariff barriers? Export Import Subsidies None of the above Hint 72). What is the standard form of VERs? Voluntary Export Restraints Voluntary Export Resources Voluntary Export Resistors None of the above Hint 73). How many ways are there to control the trade? Two Three Six Four Hint 74). The ad valorem duty is a type of _______________ barrier? Non-tariff Tariff Para-tariff None of the above Hint 75). What are the desirable characteristics of a tariff? Proper return Fairness Both a and b None of the above Hint Time's up
