Pavement Analysis & Design Mcqs

Q:

The following data is available for the economic analysis of alternate proposals for the same project. Conduct an economic evaluation and determine which of the two should be chosen for execution?
Total annual highway cost of existing highway = ₹ 1,16,940
Total annual road user cost of existing highway = ₹ 13,82,870
Total annual highway cost of proposal A = ₹ 2,65,422
Total annual road user cost of proposal A = ₹ 10,22,465
Total annual highway cost of proposal B = ₹ 3,30,300
Total annual road user cost of proposal B = ₹ 10,53,224

A) None B) A and B
C) B D) A
 
Answer & Explanation Answer: D) A

Explanation: Not available for this question

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Q:

It is proposed to improve the existing highway for ₹ 145 lakhs. Estimate the annual cost of the pavement if it to last for 15 years and the rate of interest is 6%.

A) 13.94 lakhs B) 13.49 lakhs
C) 14.93 lakhs D) 14.39 lakhs
 
Answer & Explanation Answer: C) 14.93 lakhs

Explanation: Not available for this question

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21
Q:

______ is the foundation on which the economic analysis is done.

A) Time cost B) Value of money
C) Time value of money D) Money value of time
 
Answer & Explanation Answer: C) Time value of money

Explanation: The time value of money is an important concept and it forms the basis or the foundation for the economic analysis. The concept takes into account the value of money in the future. Say, 100 rupees today will not be worth 100 rupees next year, it might be worth 500 rupees.

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26
Q:

______ is used to refer to for the economic evaluation of highway projects.

A) IRC:SP:30-2001 B) IRC:SP:20-2001
C) IRC:SP:30-2009 D) IRC:SP:20-2009
 
Answer & Explanation Answer: C) IRC:SP:30-2009

Explanation: The code IRC:SP:30-2009 is used as the manual for the economic evaluation of highway projects in India. The manual gives guidelines on various topics like the introduction to economic analysis, cost computation and assumptions and economic evaluation.

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20
Q:

The following data is available for the economic analysis of a project. Determine the benefit-cost ratio for the same.
Total annual highway cost of existing highway = ₹ 1,36,340
Total annual road user cost of existing highway = ₹ 23,52,300
Total annual highway cost of proposal = ₹ 3,80,290
Total annual road user cost of proposal = ₹ 12,58,250

A) 5.49 B) 4.49
C) 3.49 D) 2.49
 
Answer & Explanation Answer: B) 4.49

Explanation: Not available for this question

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13
Q:

The project is said to be worth undertaking if the benefit-cost ratio is ______

A) Less than 1 B) Less than 5
C) More than 1 D) More than 5
 
Answer & Explanation Answer: C) More than 1

Explanation: There are many ways to analyse the cost-benefit of the pavement for economic analysis. The simplest method is to take the ratio of benefit to cost. If the ratio is greater than 1, then the project would be worth undertaking. The benefits would be higher than the cost of the project.

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17
Q:

The economic analysis is concerned with the source of financing, analysis of cost-benefit to the road users and consequences.

A) True B) False
 
Answer & Explanation Answer: B) False

Explanation: Economic analysis is not concerned with the source of financing; the financial analysis considers it. Economic analysis is the analysis of cost-benefit to the road users and the consequences to the society of the scheme and establishing economic viability.

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23
Q:

Which of the below is not a method used for the economic analysis of the pavements?

A) Rate of return method B) Cost-benefit method
C) Annual cost method D) Average cost method
 
Answer & Explanation Answer: D) Average cost method

Explanation: There are three main methods being used to conduct the economic analysis of the pavements. They are the annual cost method, rate of return method and the cost-benefit method. The average cost method is not used to perform economic analysis.

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