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● Statement 1 is correct: Hybrid Annuity Model (HAM) is a mix of the Engineering, Procurement and Construction (EPC) and Build, Operate, Transfer (BOT) models. HAM combines 40% EPC and 60% BOT-Annuity. Earlier PPP models included EPC (engineering, procurement and construction), where NHAI pays private players to lay roads, and BOT (build, operate, transfer), where private player financed, built and operated projects and got paid through annuity or toll. But both the models were struggling as the government didn't have funds for EPC while private players struggled to raise funds under BOT. Therefore, HAM was introduced in January 2016 to recover investments in road infrastructure projects. ● Statement 2 and 3 are incorrect: In the BOT model all risks i.e. financial, toll collection and operation & maintenance (O&M) are borne by the private sector. These risks put the private sector more vulnerable. In the new HAM model, a realignment of risk sharing is brought in. The private partner continues to bear the O&M risks, but the financing risk is now shared with the government as the government pays 40% during the construction stage The government also shoulders the responsibility of revenue collection as under HAM, Revenue collection would be the responsibility of the National Highways Authority of India (NHAI).There is no toll right for the developer. The private developer will recover his investment from the government by receiving annuity payments over a period of 15 years.
Read the sentence to find out whether there is any grammatical or idiomatic error in it. The error, if any, will be in two parts of the sentence. Mark ...
In the sentence given below, four words have been printed in bold which are numbered (1), (2), (3) and (4). One of these words may be misspelt or inapp...
It was suggested (a)/ by the astrologer (b)/ that my grandmother should be taken care. (c)/ No Error (d)
In each of the questions, a sentence has been divided into four parts, one of which may contain an error. Identify that fragment and mark it as your an...
The world is not kindly to those who do not tackle their own problems.
The students eagerly their awaited results.
Spot the grammatical errors in the given sentence. Mark the part with error as your answer. If there is no error, mark "No error" as the answer. (Ignor...
She stops by the (A)/corner store to pick up a few things(B)/ and gives a much-deserved scold (C)/to a young kid caught shoplifting (D).
In the sentence identify the segment which contains the grammatical error.
Across his morning walk on a beach in Mamallapuram, Prime Minister ...
