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The revenue from road transport sector is studied in which type of studies?
  • a)
    Economic
  • b)
    Financial
  • c)
    Traffic
  • d)
    Engineering
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The revenue from road transport sector is studied in which type of stu...
The sources of income, excise duty, registration charges and tax all are studied in financial studies only.
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The revenue from road transport sector is studied in which type of stu...
Revenue from road transport sector

The revenue generated from the road transport sector is an important aspect to consider when studying the financial aspects of this industry. This revenue is typically analyzed in financial studies, which focus on the monetary aspects of the road transport sector.

Explanation:

1. Economic studies:
Economic studies generally focus on the broader impact and contribution of the road transport sector to the overall economy. These studies analyze factors such as employment generation, GDP contribution, and the economic benefits derived from the sector. While revenue is a part of the economic analysis, it is not the sole focus of these studies.

2. Financial studies:
Financial studies specifically concentrate on the revenue generated by the road transport sector. These studies analyze the financial performance of companies operating in the sector, including their revenue streams, profitability, and financial sustainability. Revenue from various sources such as tolls, fares, freight charges, and other related activities are evaluated in financial studies. This analysis helps in understanding the financial health of the road transport sector and provides insights into its growth potential.

3. Traffic studies:
Traffic studies primarily focus on analyzing traffic patterns, congestion, and the efficient movement of vehicles on roads. While revenue can be indirectly related to traffic studies (e.g., toll revenue based on the number of vehicles passing through toll booths), the primary objective of traffic studies is not to analyze revenue. Instead, they aim to optimize traffic flow, improve road safety, and enhance transportation efficiency.

4. Engineering studies:
Engineering studies primarily focus on the design, construction, and maintenance of road infrastructure. These studies analyze various engineering aspects such as pavement design, traffic management systems, geometric design of roads, and transportation planning. While revenue can be indirectly related to engineering studies (e.g., cost analysis of road projects and maintenance), it is not the primary focus of these studies.

Therefore, the revenue from the road transport sector is primarily studied in financial studies, as they specifically analyze the monetary aspects and financial performance of the sector.
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The revenue from road transport sector is studied in which type of studies?a)Economicb)Financialc)Trafficd)EngineeringCorrect answer is option 'B'. Can you explain this answer?
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