Before starting a school for slum dwellers, the government is required to conduct:

Question

Question

This question was previously asked in

UGC NET (Education) Official Paper-II (Held On: 14 Mar, 2023 Shift 2)

Answer 1

The correct answer is Cost effective analysis.

Key Points

Cost effective analysis
- Cost effective analysis (CEA) is a method used to determine the most efficient way to achieve a specific objective or outcome. It compares the relative costs and outcomes (effects) of different courses of action.

Additional Information

Cost benefit analysis
- Cost benefit analysis (CBA) evaluates the total expected costs versus the total expected benefits of one or more actions in order to choose the best or most profitable option.
Zero cost analysis
- Zero cost analysis is not a standard term in economic or project evaluation.
Budget analysis
- Budget analysis involves reviewing the financial plan, allocations, and expenditures to ensure that funds are used effectively and are aligned with the objectives.