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      Question

      Which of the following statements are not correct:

      1.    Project Design and network analysis refers to detailed work plan to the project and its time profile 2.    There is a prescribed format for the preparation of a project report. 3.    A project plan is a formal, approved document that is used to manage and control a project. 4.    The promoter’s capacity and competence should be examined with reference to their management background, traits as entrepreneurs, business or industrial experience 5.    The Economic Appraisal consists of two parts: measurement of the distribution of the income due to the project and identification of the impact on the basic needs objectives of the society.
      A 1 & 3 Correct Answer Incorrect Answer
      B 2 & 5 Correct Answer Incorrect Answer
      C 2 & 4 Correct Answer Incorrect Answer
      D 4 & 5 Correct Answer Incorrect Answer
      E 1 & 5 Correct Answer Incorrect Answer

      Solution

      There is no prescribed format for the preparation of a project report. Measurement of the distribution of the income due to the project and identification of the impact on the basic needs objectives of the society are parts of Social/distributive Appraisal and not Economic appraisal

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