Question

Techno-economic analysis deals with the identification of

• A. Supply potential
• B. Demand potential
• C. Export potential
• D. Import potential

Hint:

A project is feasible only if demand potential exists in the market.

Answer 1

The Correct Option is B

Step 1: Meaning of techno-economic analysis.
Techno-economic analysis studies both the technical and economic aspects of a project.
It evaluates whether the project is feasible in terms of technology and profitability.
Step 2: Role in demand potential.
One of the primary objectives is to assess whether there is sufficient demand for the product or service.
Without demand potential, no project can succeed regardless of its technology.
Step 3: Option analysis.
- (A) Supply potential: Wrong, it is studied but not the main focus.
- (B) Demand potential: Correct, central point of techno-economic analysis.
- (C) Export potential: Secondary, related to trade not core analysis.
- (D) Import potential: Wrong, not the main concern.
Step 4: Conclusion.
Techno-economic analysis mainly deals with identifying demand potential.