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Question

Q10) Consider the following statements:

1. The Acworth Committee recommended the consolidation and nationalization of the Indian Railways.

2. Bibek Debroy recommended the merger of Indian Railway budget with union budget.

Which of the above is/are incorrect?


A

a) 1 only

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B

b) 2 only

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C

c) Both 1 and 2

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D
d)None
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Solution

The correct option is D d)None
Answer 10: D
Explanation: In 1920, an East Indian Railway Committee was constituted under the chairmanship of Sir William Acworth. This
committee consisted of 10 members and among them 3 were Indians viz. V S Sriniwas Sastri (Member of Council of States),
Purshottam Das Thakurdas (representing Indian Commercial Interests) and Rajendra Nath Mukherjee. The Acworth Committee
recommended the consolidation and nationalization of the Indian Railways. Based upon the recommendations of Acworth Committee,
the Finances of Railways were separated in 1924 and thus from 1924 onwards, the Railway Budget is separated from the General
Budget.
The Bibek Debroy Committee is a high level committee for “Mobilization of Resources for Major Railway Projects and Restructuring of
Railway Ministry and Railway Board” created by NDA Government after coming into power in 2014. Bibek Debroy recommended the
merger of Indian Railway budget with union budget.

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