Consider the following statements

1. Cross subsidization in Indian Railways makes Indian exports less competitive
2. Railway Tariff Authority aims at resolving the above problem

Which of the above are correct?

1 only

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2 only

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Both 1 and 2

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None of the above

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Solution

The correct option is C Both 1 and 2
Railways cross subsidises passenger fare making freight expensive. This increases the logistics cost of Indian products making them more expensive and thus less competitive.

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