Question

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

Solutions

Expert Solution


Related Solutions

Case-study: Proposed New Airport Runway for the Axe Stream Heights International Airport Author: Ewan MacFarlane Scenario...
Case-study: Proposed New Airport Runway for the Axe Stream Heights International Airport Author: Ewan MacFarlane Scenario (2b): In the past two months, members of the local community protest group, PEEPS, have continued to collect case-reports of illnesses attributed to close residential proximity to the airport. They now claim they have ‘uncovered’ a ‘cluster’ of 13 cases of cancer which they say are caused by exposure to pollutants and/or noise from the airport. Dr McGrimace and Ms Lightbody have reviewed these...
Case-study: Proposed New Airport Runway for the Axe Stream Heights International Airport Author: Ewan MacFarlane Scenario...
Case-study: Proposed New Airport Runway for the Axe Stream Heights International Airport Author: Ewan MacFarlane Scenario (2b): In the past two months, members of the local community protest group, PEEPS, have continued to collect case-reports of illnesses attributed to close residential proximity to the airport. They now claim they have ‘uncovered’ a ‘cluster’ of 13 cases of cancer which they say are caused by exposure to pollutants and/or noise from the airport. Dr McGrimace and Ms Lightbody have reviewed these...
Question 2 The 18th Ordinary Session of the Assembly of Heads of State and Government of...
Question 2 The 18th Ordinary Session of the Assembly of Heads of State and Government of the African Union, held in Addis Ababa, Ethiopia in January 2012, adopted a decision to establish a Continental Free Trade Area by an indicative date of 2017. The Agreement Establishing the African Continental Free Trade Agreement (AfCFTA) entered into force on 30 May 2019 for the 24 countries that had deposited their instruments of ratification. The AfCFTA will bring together all 55-member states of...
An airport shuttle service wants to determine the length of time it would take to transport...
An airport shuttle service wants to determine the length of time it would take to transport passengers from various locations to a major metropolitan airport during nonpeak hours. A sample of 16 trips on a particular day during nonpeak hours indicates the following: Distance (miles) Time (minutes) Distance (miles) Time (minutes) 35.0 29 15.7 41 19.5 35 18.4 27 25.4 70 20.2 37 27.0 55 21.8 36 10.3 19 24.3 40 11.6 18 30.3 21 16.1 23 9.2 20 14.3...
Question 2 Consider a small closed economy. The government wants to reduce the budget deficit by...
Question 2 Consider a small closed economy. The government wants to reduce the budget deficit by reducing its spending. a. Use the goods market and IS curve to illustrate graphically the impact of the reduction in government spending on output. b. Now use the goods market and money market diagrams and the IS-LM model to illustrate graphically the impact of the reduction in government spending on output c. Why the effect of the reduction in government spending on output is...
Should State or Federal Government be the insurance regulator? Explain why it would be state preferablly...
Should State or Federal Government be the insurance regulator? Explain why it would be state preferablly please.
Read the following proposed research study. Please state the type of statistical analysis that you would...
Read the following proposed research study. Please state the type of statistical analysis that you would recommend to the researcher and what brought you to that conclusion: Maximus really loves to eat apples. He wants to look at the relationship between the amount of apples eaten and the number of apple trees in the proximity. He counts the number of apple trees within a 1 mile radius of where someone is standing. He then counts the number of apples that...
Suppose the government wants to increase the ability of families to pay for college education. Would...
Suppose the government wants to increase the ability of families to pay for college education. Would a $1000 income tax rebate differ from a $1000 tax credit for tuition reimbursement? Explain using indifference curve and budget line analysis.
Question 2 – The State as a Regulator The state interferes with the above extractive cycles....
Question 2 – The State as a Regulator The state interferes with the above extractive cycles. Do you agree or disagree qith this statement? Explain in detail. Countries who take over the extractive industry in the long run fail. What does this mean? Explain in detail as to whether or not you agree with this statement. Outside investment in the state’s natural resources means that the state will lose control of its resources. do you agree with this statement? Explain...
Kate and Leopold are quarreling over a proposed plan by the government to put a demand-based toll on all the interstate highways in the state.
Kate and Leopold are quarreling over a proposed plan by the government to put a demand-based toll on all the interstate highways in the state. Such a toll fluctuates according to the demand for the right to drive in dedicated, high-speed lanes. For instance, on a 4-lane interstate, those driving in the right lane face no toll but those wishing to drive in the left lane pay a toll which depends on the time of day and general demand to...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT