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19/01/26-overseer grade3-estimation

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.
What is the standard percentage range provided for Contingencies in a detailed estimate to cover unforeseen expenses?
a)
1% to 1.5%
b)
1.5% to 2%
c)
3% to 5%
d)
10% to 15%
2.
The provision for Tools and Plants required for execution of a project is generally taken as:
a)
1% to 1.5%
b)
2% to 2.5%
c)
4%
d)
10%
3.
In the estimation of a residential building, what percentage is allocated for fans and specialised fittings?
a)
20%
b)
8%
c)
4%
d)
2%
4.
Which staff salaries are paid out of Work Charged Establishment fund?
a)
Permanent Assistant Engineer
b)
Divisional Accountant
c)
Temporary Work Assistant or Watchman
d)
Executive Engineer
5.
Contractor’s Profit is standardly calculated as what percentage of material and labour cost?
a)
5%
b)
10%
c)
15%
d)
20%
6.
Charges for planning, design and supervision by agencies like BSNL or SIDCO are called:
a)
Contingencies
b)
Centage Charges
c)
Lump Sum Items
d)
Earnest Money
7.
Total percentage of building cost provided for internal services is approximately:
a)
10%
b)
15%
c)
20%
d)
25%
8.
Earnest Money Deposit (EMD) is submitted at the time of:
a)
Preparing the estimate
b)
Submitting the tender
c)
Signing the final bill
d)
Completion of work
9.

Assertion (A): The Earnest Money Deposit (EMD) of unsuccessful bidders is refunded after the tender is awarded.

Reason (R): EMD acts as a guarantee of serious intent and is only forfeited if the successful bidder refuses to sign the agreement.

a)
Both A and R are true and R is the correct explanation of A
b)
Both A and R are true but R is NOT the correct explanation of A
c)
A is true but R is false
d)
A is false but R is true
10.

Assertion (A): For Lump Sum items provided in an estimate, the contractor is paid the full provided amount regardless of the work done.

Reason (R): All items of work must be recorded in the Measurement Book (M-Book) before payment.

a)
Both A and R are true and R is the correct explanation of A
b)
Both A and R are true but R is NOT the correct explanation of A
c)
A is true but R is false
d)
A is false but R is true