Teaching MPPSC Librarian Mock Test Series 2025 Library Science Management of Libraries & Information Centres Financial Management
Which of the following statements is true to define cost-benefit analysis?
(i) Evaluation of alternatives about their costs.
(ii) Maintaining the present performance level while reducing the costs of operating the system.
(iii) Holding operating costs constant while raising the average performance level.
(iv) Rank variant alternatives appropriate to a given set of objectives.
Choose the correct answer from the code given below:
1
(i) and (iii) are correct
2
(ii) and (iii) are correct
3
(i) and (iv) are correct
4
(iii) and (iv) are correct