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WorksheetsDAY 44 WORKSHEET LSGD (Estimation - MEASUREMENT,VALUATION,TYPES)
Total questions: 15
Worksheet time: 12mins
When the technical sanction estimate exceeds or is likely to exceed by more than 5%, which type of estimate is prepared?
Supplementary estimate
Revised estimate
Detailed estimate
Maintenance estimate
If the remaining cost of a work is less than 95% of the original sanctioned cost, the type of estimate prepared is —
Supplementary estimate
Supplementary and Revised estimate
Cubical content estimate
Maintenance estimate
Which of the following measurements is expressed in running meters?
Earthwork excavation
Brickwork
Galvanized iron piping
Concrete flooring
When calculating capitalized value of a building, it equals —
Gross income × Year’s purchase
Net income × Year’s purchase
Annual rent × Sinking fund
Net income × 100 / Depreciation rate
Which among the following does not form part of “outgoings” in valuation?
Sinking fund
Repairs and taxes
Interest on capital investment
Loss of rent
In plinth area method, the internal dimensions of the building are used for cost estimation.
For stone shelves or kitchen slabs, measurement is taken in square meters instead of cubic meters.
Assertion (A): In valuation, net income is always less than gross income.
Reason (R): Because taxes, repairs, and other outgoings are deducted from the gross income.
Both A and R are true, and R is the correct explanation of A
Both A and R are true, but R is not the correct explanation
A is true, R is false
Both A and R are false
The estimate prepared when additional works are required to supplement the original work is called (a) .
In the MKS system, the unit of measurement for reinforced cement concrete work is (a) .
In valuation, the value at the end of utility period without dismantling is known as (a) .
The fund created to replace a wasting asset or repay debt gradually is called (a) .
The method of estimation most suitable for multistoried buildings is (a) .
Match the following
Preliminary Estimate
Based on cost per unit area or volume
Detailed Estimate
Includes detailed drawings, report, and
Supplementary Estimate
Used when additional works are added
Revised Estimate
Prepared when deviation >5% of cost
Match the following
Gross Income
Total income before deductions
Outgoings
Expenses like taxes and maintenance
Net Income
Net income × Year’s purchase
Capitalized Value
Legal possession of property
