wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

'Indian Railway' is a part of Railways Ministry. It is organised, financed and controlled by Railway Ministry. The finances are allocated from government treasury and whatever revenue it earns is deposited to government treasury only. It is treated as a part of government and even the appointment, recruitment, and selection of employees is done in the same way as that of civil servant.

Choose the correct answer combinations for following questions:

(a) Name the type of public sector enterprise railways is considered.

(b) What is the status of employees working in railways?

(c) How does it get its finance?

(d) What does it do with its revenue?


A

(a) Departmental undertaking.

(b) They are considered civil servants or government employees.

(c) From government treasury.

(d) It is deposited in the government treasury.

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B

(a) Statutory corporation.

(b) They are considered civil servants or government employees.

(c) From their own treasury.

(d) It is deposited in their own treasury.

No worries! We‘ve got your back. Try BYJU‘S free classes today!
C

(a) Departmental undertaking.

(b) They are regular employees of a company.

(c) From government treasury.

(d) It is deposited in the government treasury.

No worries! We‘ve got your back. Try BYJU‘S free classes today!
D

None of these

No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A

(a) Departmental undertaking.

(b) They are considered civil servants or government employees.

(c) From government treasury.

(d) It is deposited in the government treasury.


(a) Departmental undertaking.

(b) They are considered civil servants or government employees.

(c) From government treasury.

(d) It is deposited in the government treasury.


flag
Suggest Corrections
thumbs-up
7
similar_icon
Similar questions
View More
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Types of Business Enterprises - 1
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon