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HRE101/HRC102 Quiz 1

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

For a sustainable future, India should be utilizing (multiple answers)

a)

Clean sources of energy

b)

Non conventional sources of energy

c)

Renewable sources of energy

d)

Fossil fuels

2.

Which layer of the Earth's atmosphere is closest to the planet's surface and where weather events, such as clouds and precipitation, occur?

a)

Troposphere

b)

Stratosphere

c)

Mesosphere

d)

Thermosphere

3.

Why should India move away from fossil fuels use?

a)

CO2 emissions

b)

Import dependence

c)

Price fluctations

d)

All of the above

4.

What is the relationship between global temperature and carbon dioxide (CO2) concentration?

a)

As CO2 increases, global temperature decreases

b)

There is no correlation between CO2 and global temperature

c)

As CO2 increases, global temperature increases

d)

Global temperature and CO2 concentration remain constant

5.

Which of the following is a non-renewable energy source?

a)

Wind

b)

Solar

c)

Natural Gas

d)

Biomass

6.

Which is not a major energy consuming sectors

a)

Industrial sector

b)

Transportation sector

c)

IT sector

d)

Residential sector

7.

In a typical Europe household, which sector consumes the maximum energy?

a)

Lighting and appliances

b)

Water heating and space heating

c)

Refrigeration and cooling

d)

Cooking and pumping

8.

What is the primary objective of a "net zero" target in environmental initiatives?

a)

To reduce energy efficiency

b)

To offset carbon emissions completely

c)

To increase resource consumption

d)

To encourage deforestation

9.

Which of the following pathways has the potential to reverse the temperature change rise

a)

Increasing energy efficiency

b)

Limiting consumption

c)

Limiting population

d)

Reducing emission intensity of energy production to zero

10.

What are transmission losses in the context of electrical power?

a)

Energy losses during TV broadcasting

b)

Losses in transporting electricity over power lines

c)

Decrease in signal strength during radio transmission

d)

Inefficiencies in the electrical appliances 

11.

Which of the following approach is expected to give the best estimate with respect to extinction of a resouce

a)

Logistic supply curve (Hubbert curve)

b)

Static R/P model

c)

Exponential growth model

d)

All models will give the same estmate

12.

The time value of money is related to

a)

Return on capital

b)

Interest rate or discount rate

c)

Current and expected inflation

d)

all of the above

13.

The discount rate for a particular project would not depend on

a)

Inherent risk of the project

b)

Net present value (NPV) of project

c)

The length of the project

d)

The ease of borrowing capital

14.

An optimum appraisal method of project evaluation must have the following characteristics:

a)

It takes into account the entire time horizon (life cycle) of the project.

b)

It takes into account all the cash flows pertinent to the project for the entire time horizon.

c)

It encompasses a suitable method to discount future cash flows and uses an equivalent basis of the future cash flows.

d)

All of the above

15.

Which of the following policies could be utilized for inducing profitability in renewable energy projects

a)

Accelerated depreciation

b)

Offering tax credits

c)

Guaranteeing a favourable price

d)

All of the above

16.

An energy plant has an initial cost of $500,000 and generates annual savings of $100,000. Calculate the payback period (neglecting the time value of money) for the energy plant?

a)

2 years

b)

3 years

c)

4 years

d)

5 years

17.

In financial analysis, what does NPV (Net Present Value) represent?

a)

Total investment cost

b)

How much an investment is worth throughout its lifetime, discounted to today's value

c)

Annual revenue generated

d)

Return on investment percentage

18.

Statement: The annual worth method (AWM) is based on the same principles as the NPV method to discount future cash inflows and outflows

a)

True

b)

False

19.

A piece of equipment is purchased for $10,000 with a useful life of 5 years and no salvage value. Using straight-line depreciation, what is the annual depreciation expense?

a)

$1000

b)

$2000

c)

$2500

d)

$5000

20.

What does Life Cycle Cost (LCC) in the context of a product or project refer to?

a)

Only the initial purchase cost

b)

The total cost over the entire lifespan, including purchase, operation, maintenance, and disposal

c)

The cost incurred during the production phase

d)

The cost of recycling the product