Construction
Question : Which of the following is a revenue expenditure?
Option 1: Expenditure on subsidies
Option 2: Defence capital equipment purchased from Germany
Option 3: Expenditure on construction of school building
Option 4: Amount borrowed from USA repaired
Correct Answer: Expenditure on subsidies
Solution : Expenditure on subsidies is a revenue expenditure because it neither create any assets nor reduces any liability. Rest of the three are part of capital expenditure . Hence Option A is correct.
Question : What is a major advantage of high-speed rail networks?
Option 1: Reduced air pollution
Option 2: Increased cargo capacity
Option 3: Shorter travel times
Option 4: Lower construction costs
Correct Answer: Shorter travel times
Solution : Correct Option: 3 Explanation: A major advantage of high-speed rail networks is shorter travel times, as trains can reach speeds that significantly reduce the duration of journeys compared to conventional rail.
Question : Case Study 8:
JKL Ltd. is a real estate company planning to raise funds for a large-scale construction project.
Question :
To fund its construction project, JKL Ltd. is considering issuing long-term debt. What type of financial instrument might it use?
Option 1: Commercial paper
Option 2: Equity share
Option 3: Treasury bill
Option 4: Debenture
Correct Answer: Debenture
Solution : The correct answer is (d) Debenture
To fund its construction project, JKL Ltd. might consider issuing debentures, which are long-term debt instruments. Debentures are a form of long-term borrowing where a company issues bonds to investors, promising to repay the principal amount along with interest at a specified future date.
Question : Comprehension: Read the given passage and answer the questions that follow.
Key factors influencing subway air pollution will include station depth, date of construction, type of ventilation (natural or air conditioning), types of brakes (electromagnetic or conventional brake pads) and wheels (rubber or steel) used on the trains, train frequency, and more recently, the presence or absence of platform screen-door systems.
In particular, much subway particulate matter is sourced from moving train parts such as wheels and brake pads, as well as from the steel rails and power supply materials, making the particles predominantly iron-containing.
To date, there is no clear epidemiological indication of abnormal health effects on underground workers and commuters. New York subway workers have been exposed to such air without significant observed impacts on their health, and no increased risk of lung cancer was found among subway train drivers in the Stockholm subway system.
But a note of caution is struck by the observations of scholars who found that employees working on the platforms of Stockholm underground, where PM concentrations were greatest, tended to have higher levels of risk markers for cardiovascular disease than ticket sellers and train drivers.
The dominantly ferrous particles are mixed with particles from a range of other sources, including rock ballast from the track, biological aerosols such as bacteria and viruses, and air from the outdoors, and driven through the tunnel system on turbulent air currents generated by the trains themselves and ventilation systems.
Question: What is the tone of the speaker?
Option 1: Pessimistic
Option 2: Informal
Option 3: Serious
Option 4: Joyful
Correct Answer: Serious
Solution : The correct choice is the third option.
The tone of the speaker in the passage is serious. The overall tone reflects a serious and cautious approach to the topic, as the passage discusses key factors influencing subway air pollution and raises concerns about potential health risks associated with subway life.
Question : Read the following information carefully and answer the given questions. Big dams received a big push from politicians and bureaucracy pouring enormous amounts of borrowed money in the early years of Independence. There has however been hardly any attempt at questioning the extent of damage caused or in evaluating whether the promises of food, water and prosperity for all have actually been realised. The diversion of rivers and construction of a long system of canals in a densely populated country like India will involve displacement of people on a colossal scale and the people affected are never likely to agree with such measures. All over the world, community reaction is to prevent construction of large dams. Preserving rivers in free-flow condition is considered ecologically necessary and the construction of large dams is now legally prohibited in Sweden and also in parts of USA. The technical challenges to be faced in redrawing the geography of the country are many and full of dangerous consequences and the mad rush in pursuit of such a chimera will prove disastrous. The cost of the project is so stupendous that any water made available will cost so much that governments will have to be forever subsidizing farmers. What long-term impact this massive borrowing will have on the economy is difficult to foresee.
Question:
Mark the statement which is false regarding the water which is made available through the dam?
Option 1: Water generated is primarily used in washing.
Option 2: Due to the high cost of the water from the dams goverment offers subsidy to the farmers.
Option 3: Water is used mainly for the irrigation purpose.
Option 4: High cost is involved in the water generated through the dams.
Correct Answer: Water generated is primarily used in washing.
Solution : The correct answer is option 1.
Water generated is primarily used in washing.
Explanation:
Let's look at the following passage lines:
-- There has however been hardly any attempt at questioning the extent of damage caused or in evaluating whether the promises of food, water and prosperity for all have actually been realised.
- The cost of the project is so stupendous that any water made available will cost so much that governments will have to be forever subsidizing farmers.
- What long-term impact this massive borrowing will have on the economy is difficult to foresee.
- First option is false as the passage does not state that water will be used only for washing.
- Second option is correct because the cost of water made available through dams is high and the government must constantly subsidise farmers.
- Third option is correct because the passage mentions promises of food, water, and prosperity, implying that the water will be used primarily in agriculture.
- Fourth option is correct because, as stated in the passage, the cost of dam construction is high.
Question : Fill in the blanks- Construction of school is a ________ expenditure.
Option 1: Revenue
Option 2: Capital
Option 3: Both A and B
Option 4: Neither A nor B.
Correct Answer: Capital
Solution : Construction of school is a capital expenditure as it creates government assets. Hence Option B is correct.
Question : Case Study: GHI Construction Company
GHI Construction Company is a well-known firm in the construction industry. They have been using traditional construction techniques but are now planning to adopt sustainable methods. Question: The importance of planning for GHI Construction Company lies in:
Option 1: Enhancing employee autonomy
Option 2: Limiting financial resources
Option 3: Facilitating decision-making process
Option 4: Ignoring external opportunities
Correct Answer: Facilitating decision-making process
Solution : The correct answer is (c) Facilitating decision-making process
Effective planning provides a structured approach to making decisions. In the context of GHI Construction Company adopting sustainable methods, planning will help in outlining clear objectives, strategies, and resource allocations. It ensures that decisions related to the adoption of sustainable construction techniques are well-thought-out and aligned with the company's overall goals.
Question : Due to COVID-19, government of India allocated INR 700 crores for the construction of health infrastructure in the states of Karnataka, Orissa and Bihar. Which objective of Government Budget is highlighted in the case above?
Option 1: Reallocation of resources
Option 2: Balanced regional development
Option 3: Management of public enterprises
Option 4: Economic stability
Correct Answer: Balanced regional development
Solution : The correct answer is (b) Balanced regional development.
In the given case, the allocation of INR 700 crores for the construction of health infrastructure in the states of Karnataka, Orissa, and Bihar indicates the objective of balanced regional development in the government budget.
Balanced regional development aims to promote equitable development across different regions or states within a country. It involves allocating resources and investments to address regional disparities and ensure that all regions have access to necessary infrastructure, services, and opportunities for development.
By allocating funds specifically for the construction of health infrastructure in these states, the government is addressing the healthcare needs of these regions and promoting balanced development across different parts of the country.
Key factors influencing subway air pollution will include station depth, date of construction, type of ventilation (natural/air conditioning), types of brakes (electromagnetic or conventional brake pads) and wheels (rubber or steel) used on the trains, train frequency and more recently the presence or absence of platform screen-door systems. In particular, much subway particulate matter is sourced from moving train parts such as wheels and brake pads, as well as from the steel rails and power-supply materials, making the particles dominantly iron-containing. To date, there is no clear epidemiological indication of abnormal health effects on underground workers and commuters. New York subway workers have been exposed to such air without significant observed impacts on their health, and no increased risk of lung cancer was found among subway train drivers in the Stockholm subway system. But a note of caution is struck by the observations of scholars who found that employees working on the platforms of Stockholm underground, where PM concentrations were greatest, tended to have higher levels of risk markers for cardiovascular disease than ticket sellers and train drivers. The dominantly ferrous particles are mixed with particles from a range of other sources, including rock ballast from the track, biological aerosols such as bacteria and viruses, and air from the outdoors, and driven through the tunnel system on turbulent air currents generated by the trains themselves and ventilation systems.
Question
Inferring from the passage, what is the most practical way of reducing the health risk of subway life?
Option 1: Wearing face masks during journey
Option 2: Opting for other transportation modes
Option 3: Reducing subway commutation
Option 4: Generating ventilation systems
Correct Answer: Generating ventilation systems
Solution : The correct option is the fourth option.
Explanation: The passage highlights various factors contributing to subway air pollution, including the sources of particulate matter and their impact on health. Improving ventilation systems within the subway can help mitigate the health risks associated with poor air quality. Effective ventilation can aid in dispersing and filtering out the particulate matter and other pollutants present in the subway air, reducing the exposure and potential health impacts on workers and commuters.
Therefore, the correct answer is, generating ventilation systems.
GHI Construction Company is a well-known firm in the construction industry. They have been using traditional construction techniques but are now planning to adopt sustainable methods.
The importance of planning for GHI Construction Company lies in:
Solution : The correct answer is (c) Facilitating the decision-making process
Planning is crucial for facilitating the decision-making process for several reasons. Planning helps GHI Construction Company set a strategic direction for adopting sustainable construction methods. It involves defining goals, objectives, and the steps needed to transition from traditional to sustainable practices. Through planning, the company can identify the resources required for the adoption of sustainable methods. This includes financial resources, materials, training, and other inputs necessary for a successful transition.
Planning allows GHI Construction Company to anticipate potential challenges and risks associated with the adoption of sustainable methods. By identifying these challenges in advance, the company can develop strategies to mitigate risks and ensure a smoother transition.
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