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In: Economics

Question -2 A state government wants to construct an International Airport. The proposed Airport would be...

Question -2

A state government wants to construct an International Airport. The proposed Airport would be completed in three phases (spread over 10 years) and operations would start after completion of the first phase in next three years. Expected cost of the first phase is Rs 5500 crores. You have been hired by the State Government to consult them on various stages of the bidding process to select an agency/developer that would build, own, operate, and transfer the airport. Please briefly enumerate all the stages of choosing such an agency/bidder right from the very beginning to the finalization of bid process. Also tell the salient features of all the stages enumerated by you.                                                                           

Question -3

Assume that you are heading the HR department in your company. Please enlist any four labour laws you comply with. Please also explain the salient features such as returns submitted, coverage, compliance, benefit details, and authorities concerned (these are indicative only; please mention any specific feature you want to mention) for each law.

Question-4

Please fill in the blanks in the following table. Also mention how you have arrived at a particular result.                                                                                                  

Sr. No.

Item

Value

1

GDP

$1000 billion

2

Revenue Receipt

$250 billion

3

Revenue Expenditure

4

Capital Receipts (without Borrowing)

5

Capital Expenditure

$ 115 billion

6

Interest Payment on Loan

$ 10 billion

7

Revenue Deficit

$50 billion

8

Fiscal [email protected]% of the GDP

9

Government Borrowing

10

Primary Deficit

[1] Currency unit is US Dollars

[2] The reference year for our purpose

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