Contracts Management (3160614) MCQs

MCQs of Contract Administration

Showing 21 to 30 out of 32 Questions
1 2 3 4
21.

Which are the major risk in infrastructure projects?

(a)

Political Risks
(b)

Technological Risks
(c)

Economic Risks
(d)

All of the above
Answer:

Option (d)

22.

Which of the following is not a type of political risk?

(a)

Risk of Expropriation
(b)

Delays in permits and approvals
(c)

Construction delays
(d)

Contract Reneging
Answer:

Option (c)

23.

Which of the following is not a type of economic risk in infrastructure project?

(a)

Currency Devaluation
(b)

Community Protests
(c)

Inflation
(d)

Demand forecast errors
Answer:

Option (b)

24.

What is the full form of ADR?

(a)

Alteration Dispute Remedy
(b)

Alternative Dispute Resolution
(c)

Alternative Demand Supply
(d)

Alternative Dispute Ratio
Answer:

Option (b)

25.

Which of the following is not a type of Alternative Dispute Resolution?

(a)

Litigation
(b)

Arbitration
(c)

Conciliation
(d)

Mediation
Answer:

Option (a)

26.

Which method of ADR is mandatorily binding to both the parties?

(a)

Conciliation
(b)

Mediation
(c)

Arbitration
(d)

Negotiation
Answer:

Option (c)

27.

In which form of Alternative dispute resolution a middle person helps both parties to communicate and settle dispute themselves?

(a)

Arbitration
(b)

Mediation
(c)

Conciliation
(d)

Negotiation
Answer:

Option (b)

28.

Which of the following is less formal form of arbitration?

(a)

Litigation
(b)

Conciliation
(c)

Negotiation
(d)

Mediation
Answer:

Option (b)

29.

In which form of ADR there is no intervention of third party for dispute resolution?

(a)

Arbitration
(b)

Conciliation
(c)

Mediation
(d)

Negotiation
Answer:

Option (d)

30.

In which form of dispute resolution decision of tribunal is considered as binding to both the parties?

(a)

Arbitration
(b)

Litigation
(c)

Negotiation
(d)

Mediation
Answer:

Option (a)

Showing 21 to 30 out of 32 Questions
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