Cost-Benefit Analysis in Transport Projects
CMAT 2025 · INE · Medium · Project Appraisal
Given below are two statements:
Statement I: Cost-Benefit Analysis (CBA) measures a project's societal effects and does a cost-benefit comparison in monetary terms. Statement II: CBA is the most widely applied tool for the appraisal of transport projects.
In light of the above statements, choose the correct answer from the options given below:
- A.
Both Statement I and Statement II are true.
- B.
Both Statement I and Statement II are false.
- C.
Statement I is true but Statement II is false.
- D.
Statement I is false but Statement II is true.
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