This document contains a daily MCQ series with answer clarifications presented by Rahul Dhamija on YouTube-Concepts4U. It includes 5 multiple choice questions with answers on topics ranging from the Kyoto Protocol to trade union registration requirements to the statute of limitations for filing a consumer complaint under the Consumer Protection Act of 1986. Each question is followed by the answer and a brief explanation of the concept or statute.

1. DAILY MCQ SERIES WITH
ANSWER CLARIFICATION
PRESEND BY RAHUL DHAMIJA
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2. QUE 1. KYOTO PROTOCOL PERTAINS
TO?
A. capital formulation
B. Globalization
C. Environmental pollution
D. Unemployment reduction
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3. • ANS. C
• The Kyoto Protocol is an international treaty which extends the
1992 United Nations Framework Convention on Climate Change (UNFCCC)
that commits state parties to reduce greenhouse gas emissions, based on
the scientific consensusthat (part one) global warming is occurring and (part
two) it is extremely likely that human-made CO2 emissions have
predominantly caused it. The Kyoto Protocol was adopted
in Kyoto, Japan on 11 December 1997 and entered into force on 16
February 2005. There are currently 192 parties (Canada withdrew from the
protocol, effective December 2012)[4]to the Protocol.UTUBE-CONCEPTS4U

4. QUE.2 A CONCEPT IN RETAILING THAT HELPS IN EXPLAINING
THE EMERGENCE OF NEW RETAILERS IS CALLED THE
……..HYPOTHESIS?
A. Product life cycle
B. Service assortment
C. Retail life cycle
D. Wheel of retailing
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5. • ANS. D
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6. QUE3. DEGREE OF OPERATING LEVERAGE
INVOLVE WHICH TYPE OF COST?
A. Fixed cost
B. Variable cost
C. Both a and b
D. None of the above
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7. • ANS. C
• The degree of operating leverage (DOL) is a measure used to
evaluate how a company's operating income changes after a
percentage change in its sales. A company's operating leverage
involves fixed costs and variable costs.
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8. QUE 4. UNDER THE TRADE UNION ACT 1926,HOW MANY MINIMUM
NUMBER OF MEMBERS ARE REQUIRED FOR TRADE UNION TO BE
REGISTERED?
A. 5
B. 6
C. 7
D. 8
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9. • ANS. C
• Any seven or more members of a Trade Union may, by
subscribing their names to the rules of the Trade Union and
by otherwise complying with the provisions of this Act with
respect to registration, apply for registration of the Trade
Union under this Act.
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10. QUE 5. THE TIME LIMIT OF FILING A COMPLAINT BEFORE THE DISTRICT
FORUM UNDER THE CPA1986, IS?
A. One year
B. Two year
C. Three year
D. No limit
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11. • ANS b
• Engagement of Lawyer is not compulsory, the complainant can
himself/herself or through a representative represent his/her case.
• A Complaint is to be filed within two years from the date on which
cause of action arose.
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