Discussion
A measure with a three-year payback is rejected although the hurdle is four years. The likely reason is
Answer: B
Correct answer: the capital was rationed and better measures competed for it
A measure inside the hurdle is worth doing in isolation, and it can still be refused if there is not enough capital for everything that qualifies. Under rationing the projects are ranked and the budget is spent from the top, so a perfectly acceptable measure may fall below the line.
No comment is present. Be the first to comment.
Loading…
Post your comment
Please log in or register to post a comment.
Examination Categories
- SSC Exams
- Banking Exams
- Teaching Exams
- Civil Services Exams
- Railways Exams
- Engineering Recruitment Exams
- Defence Exams
- State Government Exams
- Police Exams
- Insurance Exams
- Nursing Exams
- Other Government Exams
- NRA CET
- PG Entrance Exams
- Campus Placement
- MBA Entrance Exams
- CUET and UG Entrance
- Judiciary Exams
- Regulatory Body Exams
- Software Development