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● Statement 1 is correct: Hybrid Annuity Model (HAM) is a mix of the Engineering, Procurement and Construction (EPC) and Build, Operate, Transfer (BOT) models. HAM combines 40% EPC and 60% BOT-Annuity. Earlier PPP models included EPC (engineering, procurement and construction), where NHAI pays private players to lay roads, and BOT (build, operate, transfer), where private player financed, built and operated projects and got paid through annuity or toll. But both the models were struggling as the government didn't have funds for EPC while private players struggled to raise funds under BOT. Therefore, HAM was introduced in January 2016 to recover investments in road infrastructure projects. ● Statement 2 and 3 are incorrect: In the BOT model all risks i.e. financial, toll collection and operation & maintenance (O&M) are borne by the private sector. These risks put the private sector more vulnerable. In the new HAM model, a realignment of risk sharing is brought in. The private partner continues to bear the O&M risks, but the financing risk is now shared with the government as the government pays 40% during the construction stage The government also shoulders the responsibility of revenue collection as under HAM, Revenue collection would be the responsibility of the National Highways Authority of India (NHAI).There is no toll right for the developer. The private developer will recover his investment from the government by receiving annuity payments over a period of 15 years.
Statements : All doors are chairs.
Some chairs are glass.
Some glasses are not tables.
Conclusions : I. No glass is a...
In the questions given below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true ev...
Statements: All bottle are cups.
No cup is a plate.
Conclusions: I. No bottl...
Statements:All papers are pencils.
No pencil is an eraser.
Conclusions:I. No paper is a pencil.
II. No paper is an eraser.
...Statements:
Only a few Chairs is Tables.
Only a few Woods is Chairs.
No Wood is Desk.
Conclusions:
I. Every Chairs ca...
Statements:
No girl is a boy
No boy is men
All men are women
Conclusions:
I. Some women are girls
II. All women are men
Statements:
All Shark are Fish.
No Fish is a Whale.
Some Whale are Dolphin.
Conclusion:
Some Whale are Sharks i...
Conclusions:
I. All Writers can be Novels.
II. Some Novels are not Magazines.
Statements:
Statements: Some documents are files.
All books are folders.
No file is a folder.
Conclusions: I. No folder is ...
Statements: No apple is an orange.
All oranges are grapes.
...
