The statements which represent Benefit Cost Ratio (BCR) are : A. Used in project evaluation B. BCR > 1 indicates project feasibility C. Ignores time value of money D. Used in livestock enterprises E. Used in marketing of pharmaceutical products Choose the <b>correct</b> answer from the options given below :
Benefit Cost Ratio (BCR) Statements Analysis
The Benefit-Cost Ratio (BCR) is a crucial metric used in economic appraisal to compare the value of benefits to the value of costs. It helps determine the overall worthiness of a project or investment.
Statement Evaluation:
- A. Used in project evaluation: True. BCR is a standard tool for evaluating the economic viability and efficiency of various projects.
- B. BCR > 1 indicates project feasibility: True. A BCR greater than 1 suggests that the project's benefits outweigh its costs, indicating potential feasibility. Mathematically, if BCR > 1, the project is considered economically beneficial.
- C. Ignores time value of money: False. Standard BCR calculations typically incorporate discounting to account for the time value of money, comparing present values of benefits and costs.
- D. Used in livestock enterprises: True. BCR analysis can be applied to any type of enterprise, including agricultural ones like livestock farming, to assess profitability.
- E. Used in marketing of pharmaceutical products: False. While BCR might evaluate the cost-effectiveness of a specific marketing *project*, it's not a primary tool for general marketing strategy in this sector. Its core application is broader project/investment appraisal.
Conclusion:
Statements A, B, and D accurately represent aspects of the Benefit-Cost Ratio.
Therefore, the correct option is the one including A, B, and D only.
Similar Questions
- Which among the following crops is a fiber crop ?
Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A) : Bovine Ephemeral Fever is also called as three day sickness.
Reason (R) : Because animal dies within three days of catching infection.
In the light of the above statements, choose the most appropriate answer from the options given below :Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A) : Plymoth Rock is a dual purpose breed of poultry.
Reason (R) : Because it has a large body size with poor egg laying abilities.
In the light of the above statements, choose the most appropriate answer from the options given below :- Which statement is not correct about western Himalayan region :
- Arrange these animals in order of average milk productivity from top to bottom.
A. Indigenous cow
B. Crossbred cow
C. Goat
D. Exotic cow
E. Buffalo
Choose the correct answer from the options given below : - Rank these countries according to the buffalo population they posses :
A. China
B. Nepal
C. India
D. Pakistan
E. Philippines
Choose the correct answer from the options given below : - Arrange these external parts of cattle from anterior to posterior/front to back.
A. Poll
B. Hump
C. Back
D. Loin
E. Croup
Choose the correct answer from the options given below : - Arrange in order from top to bottom, the number of animals slaughtered for meat production in India.
A. Buffalo
B. Goat
C. Pig
D. Sheep
E. Cattle
Choose the correct answer from the options given below : - Tiger heart is the pathognomonic lesion in which disease :
- Identify the increased responses of animals in medical terminology.
A. Anxiety
B. Apathy
C. Mania
D. Drowsy
E. Frenzy
Choose the correct answer from the options given below :
Important Questions from Mixed Topic (CUET PG)
- Who was the founder of Bolshevik Communist party?
- What is the key guide to statecraft in the realist tradition?
- Chronologically arrange the events in the Cold War period.
A. Berlin Wall is constructed
B. Communist China joins the UN
C. Soviet invasion of Czechoslovakia
D. Berlin Blockade
Choose the correct answer from the options given below: Morgenthau's principles of political realism are:
A. Politics is rooted in permanent and unchanging human nature which is basically self centred, self-regarding and self-interested
B. Politics is an autonomous sphere of action and cannot therefore be reduced to morals
C. International Politics is an arena of conflicting self-interests
D. The ethics of international relations is situational ethics which is very different from private morality
Choose the correct answer from the options given below:Who among the following political thinkers consider the anarchical self help system to be a compelling factor for States to maximise their relative power positions?
