Question : Statement 1: Public-private partnerships (PPPs) can play a significant role in infrastructure development.
Statement 2: PPPs involve collaboration between government bodies and private entities to finance, build, and operate infrastructure projects.
Option 1: Both statements are true.
Option 2: Statement 1 is true, and Statement 2 is false.
Option 3: Statement 1 is false, and Statement 2 is true.
Option 4: Both statements are false.
Correct Answer:
Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 accurately highlights that public-private partnerships (PPPs) can play a significant role in infrastructure development. PPPs involve collaboration between government bodies and private entities to leverage their respective strengths in financing, building, and operating infrastructure projects. PPPs are often employed to overcome resource limitations and benefit from private sector efficiency and expertise in infrastructure development.
Statement 2 is also true as it correctly defines PPPs as collaborations between government bodies and private entities to finance, build, and operate infrastructure projects. This definition captures the essence of PPPs, where the government and private sector work together to mobilize resources, share risks, and deliver infrastructure projects that meet the needs of the society.
Both statements highlight the importance and nature of public-private partnerships in infrastructure development.
