Estimating, Costing and Valuation Mcqs


The scrap value of a building is usually taken as ________ of the total cost of construction.

A) 5%

B) 10%

C) 15%

D) 20%

B) 10%


In the specification, cement shall be used as per

A) I.S. 800

B) I.S. 269

C) I.S. 383

D) I.S. 1200

B) I.S. 269



Which estimate is least accurate?

A) Detailed estimate

B) Plinth area estimate

C) Supplementary estimate

D) Revised estimate

B) Plinth area estimate


In sinking fund, depreciation =

A) Annual sinking fund + Interest on the sinking fund for that year

B) Annual sinking fund – Interest on the sinking fund for that year

C) Annual sinking fund X Interest on the sinking fund for that year

D) Annual sinking fund / Interest on the sinking fund for that year

A) Annual sinking fund + Interest on the sinking fund for that year



The value of a property that can be obtained at any particular time from the open market it the property is put for sale, is called

A) Market value

B) Book Value

C) Current value

D) Obsolence value

A) Market value


______________ include general office expenses, rents, taxes, supervision and other costs which are indirect expenses and not productive expenses on the job.

A) Total costs

B) General costs

C) Contingencies

D) Overhead costs

D) Overhead costs



‌‌‌‌‌‌‌__________ is the net instalment of annual or periodical payment for repayment of the capital amount invested in a property for a specified period.

A) Amortization

B) Year’s purchase

C) Annuity

D) Sinking fund

C) Annuity


Capitalized value =

A) Gross income X Year’s Purchase

B) Net income / Year’s Purchase

C) Net income + Year’s Purchase

D) Net income X Year’s Purchase

D) Net income X Year’s Purchase



Which specification is not a part of the contract document?

A) Short specification

B) General specification

C) Detailed specification

D) All of the above

B) General specification


In specification of earthwork in foundation, lift and lead specified are, respectively

A) 1.0 m, 20 m

B) 1.5 m, 20 m

C) 1.5 m, 30 m

D) 1.0 m, 25 m

C) 1.5 m, 30 m


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