a. What is the need for economic evaluation of transportation plans?
(7)
b. What are the basic principles of economic evaluation?
(8)
c. Give the framework of social accounting and its various applications.
( 10 )
OR 2
a. Comment on the following (i) Time horizon in economic assessment (ii) Interest rate an element in economic analysis (iii) Consumer surplus
(15)
b. Explain the use of supply and demand models in transportation.
3
(10)
a. Discuss about the direct benefits due to transport improvements.
(12)
b. Explain the methodologies for monitory evaluation of passenger’s travel time.
(13)
OR
4
a. What is the economic concept of evaluation of travel time savings ?
(9)
b. Discuss about the indirect benefits due to transport improvements
(7)
c. What are the constituents of fixed cost ?
(9)
5
a. What are the uses of economic analysis ? Explain different methods of economic analysis.
(15)
b.What do you mean by discounted cash flow method ? How will you determine IRR and NPV ?
(10) OR
6
a. Compare the various methods of economic evaluation .
(10)
b. What is the difference between sinking fund factor and capital recovery factor ? Calculate the annual cost of a stretch of highway from the following particulars. ITEM
TOTAL COST Rs. IN LAKHS
ESTIMATED LIFE, YEARS
RATE OF INTEREST %
Land
12.0
100
6
Earthwork
9.0
40
8
Bridges & Culverts
7.5
60
8
Pavement
14.0
15
10
The average cost of maintenance of the road is Rs. 1.5 lakhs per year.
7
(15)
a. State the basic principle of highway financing. What are the different methods of financing of road projects ?
(15)
b. Discuss about highway financing in India.
(10)
OR 8
a. Give a comparison between private public partnership & build operate and transfer schemes. b. What is the principle behind toll collection ? How is the toll rate fixed ?
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