+91-9828-747676
Question
Purposes of rate analysis are 
1. To determine the current rate per unit of an item at the locality 
2. To examine the viability of rates offered by contractors 
3. To calculate the quantity of materials and labour strength required for project planning 
4. To fix labour contract rates
A.
1, 2 and 4
B.
2, 3 and 4 
C.
1, 2, and 3
D.
1, 2, 3, and 4
Answer ( Option D)

1, 2, 3, and 4

Solution

Purpose of Analysis of rates: 
• To work out the actual cost per unit of the items at the locality. 
• To examine the viability of rates offered by contractors 
• To calculate the number of materials and labour strength required for project planning 
• To fix labour contract rates 
• To work out the economical use of materials and processes in completing the particulars item. 
• To work out the cost of extra items which are not provided in the contract bond, but are to be done as per the directions of the department. 
• To revise the schedule of rates due to an increase in the cost of material and labour or due to a change in technique. 

Popular Online Test Serie

Preparing students for success in a changing World.

RPSC-AE

RPSC-AE
RSSB-JE

RSSB-JE
SSC-JE

SSC-JE
RRB-JE/SSE

RRB-JE/SSE
RSEB-JE/AE

RSEB-JE/AE
DRDO CEPTAM -10 (STA-B)

DRDO CEPTAM -10 (STA-B)

ISRO Scientist Engineer

ISRO Scientist Engineer
View All

Online Classes

We care about our students

View More


banner
banner
banner
banner
banner
Online Classes
Register Now
Test Series
Register Now
Job Notification
Job Notification

Daily Quiz

RPSC-AE, RSMSSB-JE, SSC-JE, RRB-JE, PSU's