Use of Non-conventional sources of Energy: India, as you know, is hugely dependent on thermal & hydro power plants to meet its power needs. Both of these have adverse environmental impacts. Thermal power plants emit large quantities of carbon dioxide, which is a greenhouse gas. It also produces fly ash which, if not used properly, can cause pollution of water bodies, land, and other components of the environment. Wind power & solar rays are good examples of non-conventional but cleaner & greener energy sources. They are not yet explored on a large scale due to a lack of technological devices.
Thermal power plant uses ________ to produce thermal energy:
Coal
The correct answer is Coal.
- Most thermal power plants burn coal to generate steam, which drives turbines to produce electricity.
- Coal is a fossil fuel that is widely used but contributes to air pollution and greenhouse gas emissions.
- Other fuels like crude oil and natural gas are also used in some thermal power plants.
If the marginal propensity to consume is 0.8, the value of the investment multiplier will be:
Increase in income Rs. 2000 crore and MPC = 0.8. How much increase in investment?
Match List-I with List-II.
| List-I | List-II |
|---|---|
| A. Income increases, Demand increases | I. Complementary Goods |
| B. Income increases, Demand decreases | II. Substitute Goods |
| C. Demand varies directly with the price of the related good | III. Inferior Goods |
| D. Goods consumed together | IV. Normal Goods |
Choose the correct answer from the options given below:
If Marginal Propensity to Consume (MPC) is 0.75, what will be the value of Investment Multiplier?
Which of the following curve is graphically depicted by a 45° line passing through the origin?