The approach where a firm or consortium undertakes the project and operates it until its outlay plus profit are recovered from the earnings of the project is known as a:

Question

Quizplus · Accepted Answer

The approach described in the question is known as Build and Operate (BO) scheme, where a firm or consortium undertakes the project and operates it until its costs and profit are recovered from the earnings of the project. This is a common approach used for infrastructure projects like toll roads, bridges, and airports. Therefore, the best choice is C. The other options, such as Multilateral development schemes, Mixed project schemes, Co-financing schemes, and Joint ventures, are different approaches used for financing and developing projects, but none of them fit the description provided in the question.

The Approach Where a Firm or Consortium Undertakes the Project