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Estimation and Costing MCQs with Answers & Solutions | Civexa

Subjects / Estimation and Costing / MCQs

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Estimation and Costing MCQs with answers

98 free questions — page 1 of 2. Open one to see the correct answer and the full solution.

Which of the following are included in tender documents?Tenders and Contracts
For the wider publicity of tender, tender notice is published in minimum ______ daily newspapers.Tenders and Contracts
EMD cannot be submitted in ________ form.Tenders and Contracts
The power of an executive engineer (upgraded division) for acceptance of tender in CPWD is up to Rs. ________.Tenders and Contracts
Which of the following documents are supplied by the contractor during pre-qualification process?Tenders and Contracts
_________________ area of a building is the area of verandahs, passages, corridors, balconies and porches.Building Areas and Circulation
An Approximate Estimate is prepared primarily toMethods of Estimation
While preparing a Detailed Estimate, the dimensions are generally measured to the nearestUnits of Measurement
Consider the following statements regarding the Plinth Area Estimate 1. It is an approximate estimate based on the external dimensions of the…Methods of Estimation
Which of the following items of work is NOT generally measured in square meters (m2)?Units of Measurement
The Schedule of Rates (SOR) is a document that containsSchedule of Rates
When calculating the quantity of Earthwork in Excavation for a trench, the calculation is based onEarthwork Calculations
Assertion (A): In the Center Line Method of estimation, the total length of the center line is reduced by half the breadth of the main wall at every…Methods of Estimation
The unit of payment for blasting of rock including staking is inUnits of Measurement
During the construction period, price variation clause in contracts caters toTenders and Contracts
The cost of a machine is Rs. 50,000 with a useful life of 10 years. Its depreciated cost after 5 years, if salvage value is Rs. 10,000 on straight…Valuation
The value of a property that can be obtained at any particular time from the open market when the property is put for sale is calledValuation
In estimation, the term prime cost refers toMethods of Estimation
A revised estimate is generally prepared whenMethods of Estimation
A construction firm is considering to execute a structural modification project in a running manufacturing mill. Due to technical reasons, the work…Tenders and Contracts
Maximum ordinate on a Mass Haul Diagram occurs :Earthwork Calculations
In the context of measures of surfaces, which one of the following is not correct ?Units of Measurement
As per the straight line method, what is the annual depreciation value of an equipment that has delivered price of ₹1,00,000 and has a residual value…Valuation
What is the term for the amount submitted by a contractor to secure their commitment to a tender?Tenders and Contracts
Which tendering method is often used for complex or specialized projects?Tenders and Contracts
Which act in India governs land acquisition for public infrastructure projects?Tenders and Contracts
What is the primary purpose of an Earnest Money Deposit (EMD) in tendering?Tenders and Contracts
The unit of payment of cement concrete in lintel work isUnits of Measurement
Which of the following is a sub-type of an open tender?Tenders and Contracts
While submitting a tender, a contractor is required to submit some amount to government department as guarantee to the tender work, it is termed asTenders and Contracts
What is the process for determining a fair price of a property?Valuation
One nautical mile is equal toUnits of Measurement
Which of the following is the purpose of Rate Analysis?Schedule of Rates
While submitting tender by three envelope method, which envelope contains the priced tender form with the signature of tenderer?Tenders and Contracts
Which of the following represents the requirements of valid contract? a. Lawful Subject Matter b. Legally competent parties c. Valid consideration d.…Tenders and Contracts
The pre-tender stage of construction requiresTenders and Contracts
The tender, which is invited from all contractors (including new contractors) through giving advertisements in local newspapers or by notice in…Tenders and Contracts
In the straight line method, the annual depreciation of the property isValuation
The most accurate method of estimation is based onMethods of Estimation
What is the unit of measurement for the estimation of damp proof course?Units of Measurement
Which type of contract provides a fixed total cost for the entire project?Tenders and Contracts
In government projects, tender evaluation is done based onTenders and Contracts
The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act (LARR) was enacted in which year?Tenders and Contracts
Under the LARR Act, consent is required from how much of the land owners in Public-Private Partnership (PPP) projects before acquisition?Tenders and Contracts
Which factor is NOT considered in determining compensation under land acquisition laws?Valuation
The process of inviting, receiving and evaluating bids for a construction project is known asTenders and Contracts
The pre-tender stage of construction requires (i). Selection of site (ii). Acquisition of land (iii). Finalization of details.Tenders and Contracts
The standard MKS unit of measurement for surface dressing and levelling, cleaning etc. isMethods of Estimation
Revised estimate is generally prepared when the original sanctioned estimate exceeds or likely to exceed by more than _________Methods of Estimation
Equipment utilization factor is expressed asConstruction Equipment