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Which among these is not considered as classification of works according to their cost?(a) Major work(b) Minor work(c) Petty work(d) Grand work |
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Answer» The correct choice is (d) Grand work To explain: Major work – The work costing more than Rs.22 lakhs is termed as Major work, and the estimate for such work is known as Major estimate. Minor work – The work costing more than Rs.50000 but not exceeding Rs.2 lakh is termed as Minor work, and the estimate for such work is known as a minor estimate. Petty work – The work whose cost does not exceed Rs.50000 is termed as Petty work, and the estimate for such work is known as Petty estimate. |
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