1.

The savings in annual road user costs, annual savings in accident costs and capital cost of Improvement are parameters used in ___________(a) annual cost method(b) rate of return method(c) benefit cost ratio(d) capital recovery fundThis question was posed to me by my school teacher while I was bunking the class.My enquiry is from Design of Road Pavement topic in chapter Valuation, Reports Technical and Design Data of Civil Engineering Drawing

Answer»

The correct answer is (B) RATE of return method

To elaborate: The TRANSPORT laboratory of LONDON has DEVELOPED this method in which a rate of return is obtained by these parameters, the remaining methods don’t require these parameters.



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