ECONOMICS (CBSE/UGC NET)

ECONOMICS

COST BENEFIT ANALYSIS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Policy impact analysis that allows for quantification in different types of units is?
A
Cost and Benefit Analysis (CBA)
B
Cost Effectiveness Analysis (CEA)
C
Impact Analysis (IA)
D
Discount Rate
Explanation: 

Detailed explanation-1: -Policy impact evaluation examines changes in key indicators that have occurred since the implementation of a policy and the extent to which changes can be attributed to the policy.

Detailed explanation-2: -Methods Used for Impact Analysis Scoping or checklists. Qualitative analysis; developing focus groups. Quantitative analysis.

Detailed explanation-3: -Key types of impact assessments include global assessments (global level), policy impact assessment (policy level), strategic environmental assessment (programme and plan level), and environmental impact assessment (project level).

Detailed explanation-4: -ITIL Service Design: Business impact analysis. Regular business impact analysis is one of the objectives of the IT service continuity management process. The purpose of the business impact analysis is to quantify the impact to the business that a loss of service would have.

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