Q. Consider the following Statement with respect to the Indian Railways:
Which of the statements given above is/are incorrect?

1 only

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2 only

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Both 1 and 2

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Neither 1 nor 2

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Solution

The correct option is C Both 1 and 2
Explanation:

Statement 1 is incorrect: In case of India, there is cross-subsidization of fare as freight charges are comparatively higher. While in the other countries the passenger fares are greater than freight rates eg-Korea, France, China, etc. In India, the ratio is 0.3 while in Countries like China, France and Korea it is more than 1.2.

Statement 2 is incorrect: According to the NITI Aayog’s report the Railways’ share in the transportation of surface freight has declined from 86.2 per cent in 1950-51 to 33 per cent in 2015. One of the reasons for this decline is because of increasing railway freight rates. According to a strategic vision document prepared by the transporter, the Indian Railways has set a target to get at least 50 per cent share of the country’s freight traffic by 2030.

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Q. Consider the following Statement with respect to the Indian Railways: Which of the statements given above is/are incorrect?

Q. Consider the following Statement with respect to the Indian Railways:
Which of the statements given above is/are incorrect?