Consider the following statements about project appraisal.
Statement I Project appraisal is a consistent process of reviewing a project and evaluating its content.
Statement II It hardly helps in analysing the project.
A. Only Statement I is correct
B. Both the statements are correct
C. Only Statement II is incorrect
D. Neither statement I nor II is correct
Answer: Option B
Related Questions on Resource Management and Consumer Issues
Which of the following statement(s) is/are correct about management?
A. Management is a universal phenomena
B. It is an umbrella term under which individual work together to achieve a common goal
C. It is an art and as well as science
D. All of the above
The term 'management' is coined from the . . . . . . . . word 'menage'.
A. Greek
B. French
C. Latin
D. Spanish
A. K. Kautilya
B. Rose, Randle Knoll
C. Gross and Crandal
D. Nickell and Dorsey
The primary goal of money management is
A. to maximise the return
B. to minimise the risk
C. to maximise the wealth of owners
D. to maximise profit

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