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Which of the following option is correct for given statements? Statement 1: Slip gauge and its accessories can be used as a limit gauge. Statement 2: Slip gauge and accessories can be used for the measurement of plug gauge but not for ring gauges.

Correct Answer: T, F
They can be used as a temporary limit gauge. They are used for the measurement of a ring and plug gauges, inspection of precision equipment and for marking out tools etc.

Which of the following option is true for given statements regarding gauges for tapers? Statement 1: Use of double ended gauges is very important in limit gauges for tapers. Statement 2: Gauges should be packed in non-absorbent paper.

Which of the following statement is true regarding Zeiss interferometer used for the measurement of slip gauges? Statement 1: Zeiss interferometer is used for relative comparative measurement of slip gauges. Statement 2: It uses three wavelengths of cadmium light.

Which of the following option is correct for the given statements about Gauge design? Statement 1: ‘No Go’ gauges should put in the condition of maximum impassability in the inspection. Statement 2: ‘Go’ plug gauge corresponds to a minimum limit.

Which of the following option is correct for given statements about plug gauges for self-holding tapers? Statement 1: Plug is inserted with high pressure for checking taper. Statement 2: Morse taper is a type of self-holding taper.

Which of the following option is correct for given statements? Statement 1: Master height gauge can store measurement in memory. Statement 2: Functioning of master height gauges is slower than electronic digital readout height gauge.

Which of the following statements about vacuum gauges are correct? Statement 1: Thermal vacuum gauges sense the cooling effect of a heated filament. Statement 2: Thermal vacuum gauges designed to measure high pressures.

Which of the option is correct for given statements about slip gauge form? Statement 1: Grade 2 is the workshop grade. Statement 2: Square slip gauge is more expensive and adhere better to each other when wrung

Which of the following option is correct for the given statements about plain plug gauges? Statement 1: Cylindrical plugs are used for diameter above 100 mm. Statement 2: For very large holes, spherically ended rods are used.

The following two statements relate to financial derivatives. Choose the correct answer for statements being correct or incorrect.
Statement I When an option is allowed to be exercised only on the maturity date, it is called an American option.
Statement II If the option holder does not lose or gain whether he exercise his option or buys or sells the asset form the market, the option is said to be at-the-money.

Which of the following statement is true for measurement of height and depth gauges? Statement 1: These can be measured by comparators. Statement 2: Gap of light method is not good for depth gauges.