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Match List-I with List-II and select the correct answer using the code given below:
Codes:
    A B C D
(a) 1 2 3 4
(b) 1 3 2 4
(c) 4 3 2 1
(d) 2 3 1 4
  • a)
    a
  • b)
    b
  • c)
    c
  • d)
    d
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Match List-I with List-II and select the correct answer using the code...
  • Under Build Operate and Transfer (BOT) Annuity Model, a developer builds a highway, operates it for a specified duration and transfers it back to the government. The government starts payment to the developer after the launch of the commercial operation of the project. Payment will be made on a six-month basis. Therefore, the initial investment is made by the private sector. So, pair A-1 is the correct match.
  • Under the Engineering, Procurement and Construction (EPC) Model, the cost is completely borne by the government. Government invites bids for engineering knowledge from the private players. The government meets the procurement of raw material and construction costs. The private sector’s participation is minimum and is limited to the provision of engineering expertise. Therefore, all investment is made by the government. So, B-3 is the correct match.
  • Hybrid Annuity Model (HAM): In financial terminology, a hybrid annuity means that the government makes payment in a fixed amount for a considerable period and then in a variable amount in the remaining period. This hybrid type of payment method is called HAM in the technical parlance. Hybrid Annuity Model (HAM) has been introduced by the Government to revive PPP (Public-Private Partnership) in highway construction in India. So, C-2 is the correct match.
  • TOT was introduced in 2016 to monetise publicly funded highways. Under the model, investors make a one-time lump sum payment in return for long-term toll collection rights. Therefore, it involves leasing out of assets (Highway). So, D-4 is the correct match.
Therefore, the correct answer is (b).
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Match List-I with List-II and select the correct answer using the code given below:Codes:A B C D(a) 1 2 3 4(b) 1 3 2 4(c) 4 3 2 1(d) 2 3 1 4a)ab)bc)cd)dCorrect answer is option 'B'. Can you explain this answer?
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