Theory of Machine
A system in dynamic balance implies that

There is no critical speed in the system
The system is critically damped
There will absolutely no wear of bearings
The system is also statically balanced

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Theory of Machine
Effort of a governor is the

Work-done at the sleeve for maximum equilibrium speed
Mean force exerted at the sleeve for maximum equilibrium speed
None of these
Mean force exerted at the sleeve for a given percentage change of speed

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Theory of Machine
Pitch point on a cam is

Any point on pitch curve
The point on cam pitch curve having the maximum pressure angle
The point on cam pitch curve having the minimum pressure angle
Any point on pitch circle

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