Match the items of List – I with those of List – II. List-IList-II (a) Magnitude Oriented (i) Classify…
In project classification, Magnitude-oriented classification uses the size or level of capital investment as the deciding criterion (iii), Non-quantifiable projects…
Choose your answer
Match the items of List – I with those of List – II.
| List-I | List-II |
|---|---|
| (a) Magnitude Oriented | (i) Classify projects on the basis of capital intensive and/or labour intensive projects. |
| (b) Non-quantifiable | (ii) Classify projects on the basis of availability of demand for goods and services, raw materials, skills and/or other inputs. |
| (c) Causation Oriented | (iii) Level of investment is generally used as a deciding criteria for project classification. |
| (d) Factor Intensity Oriented | (iv) Projects with social endowments like health, education, social welfare etc. |
Answer and explanation
Correct answer D
In project classification, Magnitude-oriented classification uses the size or level of capital investment as the deciding criterion (iii), Non-quantifiable projects encompass social endowment initiatives in health, education, and welfare (iv), Causation-oriented classification groups projects by the source of opportunity such as demand, raw materials, or input availability (ii), and Factor-intensity classification distinguishes between capital-intensive and labour-intensive projects (i).
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