Construction
Question : Case Study: GHI Construction Company
GHI Construction Company is a well-known firm in the construction industry. They have been using traditional construction techniques but are now planning to adopt sustainable methods. Question:
The importance of planning for GHI Construction Company lies in:
Option 1: Enhancing employee autonomy
Option 2: Limiting financial resources
Option 3: Facilitating decision-making process
Option 4: Ignoring external opportunities
Correct Answer: Facilitating decision-making process
Solution : The correct answer is (c) Facilitating decision-making process
Facilitating decision-making process is the correct answer. Planning plays a crucial role in facilitating the decision-making process. It helps in assessing the current situation, setting goals, identifying resources needed, and outlining the steps to achieve
Question : Which of the following importance of infrastructure is highlighted here? Many people get employment in infrastructure projects like construction and maintenance of flyovers, electricity plants, etc.
Option 1: Facilitates functioning of the economy
Option 2: Provides employment
Option 3: Facilitates outsourcing
Option 4: Better quality of life.
Correct Answer: Provides employment
Solution : Infrastructure helps in generating employment. Many people get employment in infrastructure projects like construction and maintenance of flyovers, electricity plants, etc. Hence Option B is correct.
Question : Case Study 8:
JKL Ltd. is a real estate company planning to raise funds for a large-scale construction project.
Question :
To fund its construction project, JKL Ltd. is considering issuing long-term debt. What type of financial instrument might it use?
Option 1: Commercial paper
Option 2: Equity share
Option 3: Treasury bill
Option 4: Debenture
Correct Answer: Debenture
Solution : The correct answer is (d) Debenture
To fund its construction project, JKL Ltd. might consider issuing debentures, which are long-term debt instruments. Debentures are a form of long-term borrowing where a company issues bonds to investors, promising to repay the principal amount along with interest
Question : Read the following information carefully and answer the given questions. Big dams received a big push from politicians and bureaucracy pouring enormous amounts of borrowed money in the early years of Independence. There has however been hardly any attempt at questioning the extent of damage caused or in evaluating whether the promises of food, water and prosperity for all have actually been realised. The diversion of rivers and construction of a long system of canals in a densely populated country like India will involve displacement of people on a colossal scale and the people affected are never likely to agree with such measures. All over the world, community reaction is to prevent construction of large dams. Preserving rivers in free-flow condition is considered ecologically necessary and the construction of large dams is now legally prohibited in Sweden and also in parts of USA. The technical challenges to be faced in redrawing the geography of the country are many and full of dangerous consequences and the mad rush in pursuit of such a chimera will prove disastrous. The cost of the project is so stupendous that any water made available will cost so much that governments will have to be forever subsidizing farmers. What long-term impact this massive borrowing will have on the economy is difficult to foresee.
Question:
Which of the following statements is true?
Option 1: The water made available through dams is better suited for industries than agricultural because of high costs and most of the countries have banned the construction of big dams.
Option 2: Most of the countries have banned the construction of big dams.
Option 3: The water made available through dams is better suited for industries than agricultural because of high costs.
Option 4: The diversion of rivers will involve displacement of people on a colossal scale.
Correct Answer: The diversion of rivers will involve displacement of people on a colossal scale.
Solution : The correct answer is option 4.
'The diversion of rivers will involve displacement of people on a colossal scale. ' Explanation: - The diversion of rivers and construction of a long system of
Question : There are certain words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.
In 1899 in Wyoming a fossilised skeleton was discovered from which Dippy was cast. It was 1)_____________ by one of the Scottish-American industrialist Andrew Carnegie for the still under construction Carnegie Museum of Natural History in Pittsburgh, where it still stands .As per the Carnegie Museum website , “Museum director William J Holland organised the 2)________________ to the American west in 1899. After three months of rigrous search, one of the team member discovered a huge toe bone at Sheep’s Creek Wyoming. With further digging led to a huge, long neck dinosaur which was later identified as a sauropod.The news was spread quickly, and before he was even excavated, Dippy was a celebrity. Visitors thronged to the site in Wyoming, which was later dubbed “Camp Carnegie.” After the 3)________________ collection of Dippy’s bones, it was packed in the boxes and the bones were sent back to Pittsburgh in 130 crates.”
Dippy is considered to be one of the most famous single dinosaur skeleton in the world, Dippy has been a subject of several children’s books apart from a book 4)_______________ to the dinosaur, Dippy: The Tale of a Museum Icon. There are various products which celebrates the dinosaur — from mugs to T-shirts, caps to soft toys and also an ice flavour. Dippy has also 5)________________ in many films such as Paddington, Night at the Museum 3 and One of Our Dinosaurs is Missing.
Choose the correct word to be used in blank 5.
Option 1: avenged
Option 2: featured
Option 3: ruptured
Option 4: reprimanded
Correct Answer: featured
Solution : The correct answer is featured.
Dippy has also featured in many films such as Paddington, Night at the Museum 3 and One of Our Dinosaurs is Missing.
Explanation:
The only word that will fill the blank and make the sentence coherent is featured. It indicates
Question : The division of Berlin into East and West was formalized by the construction of:
Option 1: The Berlin Wall
Option 2: The Brandenburg Gate
Option 3: The Iron Curtain
Option 4: Checkpoint Charlie
Correct Answer: The Berlin Wall
Solution : The division of Berlin into East and West was formalized by the construction of the Berlin Wall in 1961, which became a symbol of the Cold War division between the communist and non-communist worlds.
JKL Ltd. wants to raise capital for its construction project. Which market should it consider for issuing new securities?
Option 1: Primary market
Option 2: Secondary market
Option 3: Money market
Option 4: Capital market
Correct Answer: Primary market
Solution : The correct answer is (a) Primary market
JKL Ltd. should consider the primary market for issuing new securities to raise capital for its construction project. The primary market is where newly issued securities, such as stocks and bonds, are offered and sold to investors
GHI Construction Company is a well-known firm in the construction industry. They have been using traditional construction techniques but are now planning to adopt sustainable methods.
The type of plan that GHI Construction Company should develop to adopt sustainable methods is:
Option 1: Strategic plan
Option 2: Operational plan
Option 3: Contingency plan
Option 4: Tactical plan
Correct Answer: Strategic plan
Solution : The correct answer is (a). Strategic plan
A strategic plan outlines the overall direction and long-term goals of an organization. When GHI Construction Company is considering a fundamental shift in its construction methods, such as adopting sustainable practices, a strategic plan is essential. A
Question : Manufacturing electricity, gases, construction, etc are the example of ____ sector.
Option 1: Primary
Option 2: Secondary
Option 3: Teritary
Option 4: None of the above.
Correct Answer: Secondary
Solution : Manufacturing electricity, gases, construction, etc are the example of secondary sector. Hence Option B is correct.
The importance of planning for GHI Construction Company in adopting sustainable construction methods includes:
Option 1: Limiting financial resources
Option 2: Ignoring external opportunities
Option 3: Enhancing employee autonomy
Option 4: Facilitating the decision-making process
Correct Answer: Facilitating the decision-making process
Solution : The correct answer is (d) Facilitating the decision-making process
Planning is crucial when adopting sustainable construction methods to facilitate the decision-making process. It involves outlining goals, strategies, and steps to transition from traditional to sustainable practices.
Sustainability in construction often requires changes
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