Enrolment No. Seat No. GUJARAT TECHNOLOGICAL UNIVERSITY ME - SEMESTER- 2 (New) * EXAMINATION ~ SUMMER - 2021 Subject Code:3721322 Date: 31 Aug 2021 Subject Name:Economical Evauation of Transportation Projects Time:02:30 PM TO 05:00 PM. Total Marks:70 Instructions: 1. Attempt all questions. 2. Make suitable assumptions wherever necessary. 3. Figures to the right indicate full marks. Qu (@)_ What are the stages involved in Economic evaluation of project? Ca (b)_ Describe in brief total Transportation Cost components. 7 Q2 (a) Write difference between GNP and GDP. How they are calculated? 7 (b) Explain in brief in the fleld of transportation: 07 (i) Laws of demand, (ii) Elasticity of supply. OR (b) Discuss: (i) Consumer surplus, (ii) Shadow pricing, (ii) Subsidy 07 Q3 (a) What will you suggest for raising the funds for Urban Mass Transportation Projects? (07 (b) Differentiate between public and private finance. 7 or Q3 (@) Discuss the role of Maintenance & Labour cost & affecting factors in calculation of 07 Vehicle Operating Cost. (b) What are the benefits from replacement of railway level crossing by road over bridge? 07 4 (@)_ What is road pricing? Discuss methods and advantages of road pricing. 0 (b) Explain the impacts of Transportation on the surrounding Environments in urban area. 07 OR Q4 (@) What are the steps of Environmental Impact Assessment? 07 (b) What are the benefits of mass transit system? Which costs are involved in the System? 07 QS_ (a) Discuss about various methods of economic evaluation with their merits and limitations. 07 (b) (i) A major rehabilitation of a pavement will be done 15 years from hence at a cost of 07 Rs 150 lakh. What should be the series of uniform annual payments that must be set apart to accumulate this amount, ifthe interest rate is 10 percent per annum? xplain BOT, BOO, BOOS, FBL, BOOT OR QS (a) (i) The annual cost of maintenance of a new road thrown open to traffic is Rs 20,00,000. 07 ‘What is the future worth of this expenditure at the end of 10 years when the rate of interest is 12 percent per annum? ii) How the impact of vehicular fuel emission is quantified in terms on money, for analyzing damage to the Environment?(b) An existing highway, 30 km long, was improved at a cost of Rs. 5 lakhs per km. Road 07 user cost, accident cost and maintenance cost with and without improvements are given in Table for a period of 10 years. Using NPV Method, determine whether the project is economically viable or not? The discount rate may be taken as 10%. Road user costs | Accident costs | Maintenance costs B/.8 s| 23 B18 7—e/55) 7E| SE | FE] 58 é & & £ £ E 0 = = eae aa = 1_| 2064 [3374 [112 13.2 86 66 2 fanz [233.1 [12 13.2 86 66 3__| 216.7 [2398 | 112 13.2 86 66 4 [222.5 [246.7 | 11.2 13.2 8.6 66 [3 [228.5 [2s4 | 112 13.2 8.6 66 6 235 | 262 [12 [13.2 86 66 7 [241.6 [269.8 [112 13.2 86 66 {38 248.7 | 278 112 13.2 8.6 6.6 9 | 256 [287.1 [11.2 13.2 86 66 10 | 263.8 [296.1 [11.2 13.2 86 66