SEO and Internal Circular Review
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Questions and Answers

What percentage of projects may receive relaxation in disaster-affected districts as mentioned?

  • 90%
  • 100%
  • 50%
  • 75% (correct)
  • What is the sub sectoral cap for Bridges under Rural Connectivity?

  • 15%
  • No cap (correct)
  • 10%
  • 5%
  • Which authority determines further relaxation for States based on relevant factors?

  • State Government
  • Ministry of Home Affairs
  • SCB (correct)
  • Competent Authority
  • What is the fixed Social Sector Cap for allocations under N as per the content?

    <p>15%</p> Signup and view all the answers

    Which types of calamities are mentioned that may be considered for relaxation?

    <p>Earthquake and cyclone</p> Signup and view all the answers

    What is the primary purpose of the updated Master Circular?

    <p>To clarify instructions and aid Regional Offices</p> Signup and view all the answers

    What date is referenced for the updates made in the Master Circular?

    <p>30th June 2022</p> Signup and view all the answers

    Which of the following best describes the nature of the content included in the Master Circular?

    <p>Latest instructions and clarifications related to RIDF activities</p> Signup and view all the answers

    Which aspect of the Regional Offices is the Master Circular intended to assist?

    <p>Day to day functions related to specific activities</p> Signup and view all the answers

    What internal document number is referenced for the previous circular?

    <p>103.SPD.04.2021-22</p> Signup and view all the answers

    Which time frame reflects the coverage of the updates made in the Master Circular?

    <p>From 25 May 2021 to 30th June 2022</p> Signup and view all the answers

    What purpose does the internal circular serve in relation to RIDF activities?

    <p>To streamline communication and instructions</p> Signup and view all the answers

    What aspect does the number referenced in the update (6:4) likely pertain to?

    <p>A categorization of circulars issued</p> Signup and view all the answers

    What is the primary purpose of adopting the project approach?

    <p>To ensure proper end use of funds</p> Signup and view all the answers

    Which of the following is essential when preparing cost estimates for RIDF projects?

    <p>Referring to the latest Schedule of Rates (SoR)</p> Signup and view all the answers

    What types of projects are eligible for funding under RIDF?

    <p>Projects with identifiable items of capital nature</p> Signup and view all the answers

    What should be included in the checklist forwarded to State Governments?

    <p>Criteria for project completion and benefits</p> Signup and view all the answers

    What does RIDF primarily focus on in terms of project support?

    <p>Capital intensive projects in agriculture and related sectors</p> Signup and view all the answers

    What is the significance of the DO letter referenced in the context of project proposals?

    <p>It provides guidelines for project funding</p> Signup and view all the answers

    What must be considered when formulating proposals for projects under RIDF?

    <p>Detailed field surveys and updated cost estimates</p> Signup and view all the answers

    Which of the following is NOT a focus area for the checklists related to RIDF projects?

    <p>Technological innovation</p> Signup and view all the answers

    How should the cost estimates be prepared for RIDF projects?

    <p>Using the latest market rates and a comprehensive field survey</p> Signup and view all the answers

    What is the implication of the term 'identifiable items of capital nature' in the context of RIDF funding?

    <p>Refers to tangible assets related to project funding</p> Signup and view all the answers

    What is the primary concern indicated by 'Cost Escalation' in project management?

    <p>Increase in estimated project costs</p> Signup and view all the answers

    Which of the following pertains to the 'Grounding of Projects'?

    <p>The initiation phase of a project</p> Signup and view all the answers

    In project management, what does 'Empanelment of Consultants' imply?

    <p>Selecting a list of pre-qualified consultants for advice</p> Signup and view all the answers

    What is primarily assessed during 'Social Monitoring'?

    <p>Community impact and stakeholder engagement</p> Signup and view all the answers

    What is the focus of 'Repayment Period & Pattern' in project finance?

    <p>Establishing timelines for loan repayments</p> Signup and view all the answers

    Which term describes 'Disbursements / Drawals' in project funding?

    <p>The act of withdrawing funds for project use</p> Signup and view all the answers

    What does 'Monitoring of Projects' generally include?

    <p>Ongoing assessments of progress and compliance</p> Signup and view all the answers

    Which situation is more likely to occur as a result of 'Deletion/Withdrawal of Projects'?

    <p>Loss of previously invested resources</p> Signup and view all the answers

    What is evaluated during the 'Completion of Projects' stage?

    <p>Project success and fulfillment of objectives</p> Signup and view all the answers

    What does 'Adjustment of Mobilisation Advance' refer to in project finance?

    <p>Revising the terms of the advance payment</p> Signup and view all the answers

    What is the maximum allowable percentage for contingencies on civil works under a project?

    <p>3%</p> Signup and view all the answers

    What additional cost is allowed for projects phasing more than 2 years according to the guidelines?

    <p>Up to 10%</p> Signup and view all the answers

    Under what condition are pre-appraisal expenses incurred on project preparation permitted?

    <p>If outsourced</p> Signup and view all the answers

    What is the percentage of RIDF loan that may be incurred on project preparation expenses?

    <p>0.5%</p> Signup and view all the answers

    Which agency is permitted to execute works and claim centage charges?

    <p>State-owned corporations</p> Signup and view all the answers

    What is the maximum percentage allowed for cost escalation in projects with phasing up to 2 years?

    <p>5%</p> Signup and view all the answers

    Which document outlines the costs that can be incurred on project preparation?

    <p>DPR / Project report</p> Signup and view all the answers

    How are centage charges determined for state-owned projects?

    <p>By rates fixed by State Government</p> Signup and view all the answers

    What is the purpose of allowing contingencies in project budgeting?

    <p>To cover unforeseen expenditures</p> Signup and view all the answers

    Which circular outlines the conditions for allowing contingencies in project costs?

    <p>Circular No. 143/SPD-02/2009</p> Signup and view all the answers

    Study Notes

    Master Circular Updates

    • Internal Circular No 103.SPD.04.2021-22 was issued on 25 May 2021, addressing recent updates.
    • The Master Circular now includes instructions and clarifications updated up to 30 June 2022.
    • The document aims to assist Regional Offices in day-to-day functions related to RIDF activities.

    Project Management Considerations

    • Key areas of focus include cost escalation, grounding of projects, deletion/withdrawal processes, and consultant empanelment.
    • Emphasis on effective monitoring of projects and social impact assessments to ensure proper fund usage.

    Appraisal and Proposal Sanctioning

    • Appraisal guidelines include checklists for formulating RIDF projects in agriculture, irrigation, roads, and social sectors.
    • Cost estimates must align with the latest Schedule of Rates (SoR) and be based on detailed field surveys.

    Financial Guidelines

    • Pre-appraisal expenses capped at 0.5% of RIDF loan are permitted if outsourced.
    • Centage charges are permitted for projects executed by State-owned entities as per state regulations.
    • Contingency costs allowed up to 3% of civil works, ensuring project financial feasibility.

    Cost Escalation Provisions

    • Built-in cost escalation measures:
      • Up to 5% for projects phased over two years.
      • Up to 10% for projects with more than two years of phasing.
    • Additional flexibility is provided for projects affected by natural calamities, allowing up to 75% increase based on state assessments.

    Sectoral Allocations

    • The sub-sectoral cap of 10% for bridges in Rural Connectivity has been removed, allowing flexibility within overall sector caps.
    • Social sector allocation, excluding rural drinking water supply, is set at 15% of total allocation for each tranche.

    Conclusion

    • Enhanced guidelines aim to streamline project management, improve financial management, and ensure timely completion and resource optimization within the RIDF framework.

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    Description

    This quiz focuses on the principles of SEO as detailed in the internal circular number 103.SPD.04.2021-22, dated May 25, 2021. Participants will assess their understanding of the guidelines and practices outlined for effective SEO execution.

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