4) Building Economics and certificates

Macro Economics is related to

• the management of economy only on ministry level

• the overall study of many smaller and individual models of economies related to each other.

• the implementation of economic models on large projects only.

• the international economic and political relations of a country

Building economics deals with the

• cost of materials required on site, only.

• initial cost of a building

• complete lifecycle cost of a building

• the finishing and final cost only.

Building economics cannot ensure the completion of building in scheduled time

• True

• False

Electrification and Plumbing services cannot considered as part of Building Economics

• True

• False

The state government has no right to constitute an institution for financial aid of construction companies seeking project financing

• True

• False

Shareholders funds come mainly in the form of

• Cash Influx

• Fixed Deposit

• Debenture Capital

• Equity Capital

Cost Benefit Analysis deals with

• economical feasibility of a project.

• social feasibility of whole society.

• the future costing of land and property

• total cost of land with respect to neighborhood.

Variations in a project doesn't deal with

• The design of the project.

• Sequencing of Work with respect to project

• Overall quality of materials

• Emotional value of a project

Certificate of origin is one of the certificate issued for construction of a project whenever required.

• False

• True

Any kind of defect in a project construction can never impact the basic cost or economy of a project

• True

• False